Trump doesn't like virtual currency
Author: Mushroom corn
Introction:
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Trump has issued a U.S. ban on petrodollars, banning Americans or anyone in the United States from buying new Venezuelan petrodollars. As Venezuelan President Nicolas Maro said, this is the first executive order related to cryptocurrency issued by the president and another blow to an already suspicious virtual token. Presumably, the cryptocurrency is backed by oil reserves
According to cryptocurrency regulatory experts, Trump's ban is a predictable move“ Although Venezuela's attempt to issue cryptocurrency is novel, it is not new that the United States restricts financial transactions with countries subject to sanctions. " "The issue of cryptocurrency will not help Venezuela escape sanctions," said Jerry Brito, executive director of coin center, a think tankIt's too early to use bitcoin as a safe haven, and it's likely to put our savings at great risk
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because the president of the United States cannot intervene in the monetary policy of the United States, although the president is the highest chief executive in the country, he cannot directly intervene in the formulation of monetary policy the Federal Reserve is authorized by Congress and independent of the US government. But the president can also have an indirect impact on monetary policy
the chief of staff of the White House has previously called for the establishment of a more relaxed regulatory framework. If they over regulate people's access to the market, it is bound to have adverse effects and consequences
Recently, the news of the "trade war" launched by the United States has been on the screen in the circle of friends, and the cloud of trade war has completely shrouded over the Pacific Ocean. Besides China and the United States, blackmail by the United States against Japan, Europe, South Korea, Mexico and other major economies and neighboring countries is also in full swing, which is very crazy and seems totally unreasonable. Although the United States is the only superpower in the world, its advantages are relative. the essence of Trump's policy is to exert extreme pressure and force competitors to give in, so as to strive for a better trade environment for the United States
finally, the geopolitical advantage of the United States. We all know that the United States has a natural geopolitical advantage. But don't ignore the premise of this advantage, that is, global wars break out on the earth, such as World War II. The bigger the war, the more obvious the advantage. The two oceans have blocked the war, but in the overall situation of global peace and prosperity, this geographical advantage can not play out, or even become a disadvantage, because the prosperity of trade has always been in Eurasia. The oceans have blocked the war, and also increased the inconvenience and cost of trade< therefore, the most challenging places in the United States are in Eurasia. Then the rapid outbreak of the United States is bound to become a capital haven in the world war