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Alliance Founder: Regardless of who wins the U.S. election, money printing will continue, and it may be difficult for the U.S. to see significant crypto innovation

Alliance Founder: Regardless of who wins the U.S. election, money printing will continue, and it may be difficult for the U.S. to see significant crypto innovation

Bitget2024/10/10 04:31

Alliance crypto incubator founder Qiao Wang released his views on how the U.S. election results will impact the crypto market in the next four years on X. He stated: Bitcoin: The two candidates do not differ much in monetary policy, and it is expected that both will continue to print money on a large scale. Altcoins: Trump may support crypto innovation more than Harris, which could drive up the altcoin market. Crypto startups: The hostility of the U.S government towards the crypto industry over the past two years has stifled innovation; if this attitude continues for another four years, significant crypto innovations might be hard to come by in America.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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