Trump’s New Budget Director Is a Bitcoin Advocate

[jamie.redman1]

Many bitcoiners believe the Trump administration’s anti-regulatory stance may help bitcoin succeed in the U.S. Now the senate has appointed another bitcoin supporter, South Carolina Republican Mick Mulvaney as the president’s new budget director. Mulvaney has shown the public his interest in Bitcoin and blockchain technology for quite some time.

The Trump administration seems to be filling up with bureaucrats who are well-known bitcoin advocates. This includes household names like Travis Kalanick, Peter Thiel, and 21.co-CEO Balaji Srinivasan as a potential FDA director nominee, and now Mick Mulvaney as the director of the U.S. Office of Budget. The senate approved Mulvaney in a tight vote which resulted in a 51-to-49 vote in favor of Mulvaney being appointed as the new budget director.

Read More Here: https://news.bitcoin.com/trumps-new-bud ... -advocate/

[rene.wilson]

I think a Trump Presidency will accomplish at least 2 things:

It will help in the effort to fully legitimize Bitcoin as a world currency

A burgeoning economy with promotion of Bitcoin will help to integrate the use of Bitcoin among the masses.

I think it's a winning combination and look forward to watching as we begin to realize the potential of Bitcoin and other alt currencies.

My next blog post at www.thedaysoftrump.com will include a light discussion on the impact of the Trump administration and Mulvaney in relation to Bitcoin's future.


- Rene'