March 7th is the day Trump would hold a crypto conference. And of course everyone is expecting Trump to say favourable things about Crypto, but how high are out hopes for this day?
With the way the strategic reserve announcement pumped coins and dumped in less than a day it's a wonder whether Trump still has as much influence as he did.
Even if he says favourable things, how powerful would those be?
Guys are hoping for the 0% tax on crypto as it is just a rumour, but I wonder if the POTUS can do that singlehandedly. Including the reserve, I wonder if he can do that singlehandedly. That's the next thing to research on.
But right now Trump's influence on the crypto market is waning badly after that show with the strategic reserve announcement. Trump really has to make good on that promise or on the 0% rumour or something. Trump has to do one of these or something tangible or else he'd lose all his influence like Musk did.
The March 7 conference seems like it's just going to be all talk, and for now it doesn't seem like any announcements or just talks from Trump can do much for the crypto market (but I might be wrong), it seems only actions can so let's hope March 7th has more than talks or else it wouldn't have much in store for us.
The End
Hi there, buy my novella Professor Otagburuagu. It promises to be thoroughly entertaining and intellectually stimulating. Written by myself and illustrated by Scandinavian artist @ katharsisdrill. You can get it from me for just 4 HBD.
You can also order the hard copy from anywhere in the world via this link:
https://katharsisdrill.art/the-katharsisdrill-shop/professor-otagburuagu/
Thank you!
@nevies, I run a Humor, deeper thoughts, and sex talk blog here on Hive🌚