RATE Group | Economist Speculates Absurd but Feasible Trump Bitcoin Ban
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Economist Speculates Absurd but Feasible Trump Bitcoin Ban

15 Jul Economist Speculates Absurd but Feasible Trump Bitcoin Ban

Posted at 18:28h in Bitcoin News by

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Could Trump ban Bitcoin? Global markets analyst Alex Krüger has plotted out a scenario where the president-elect might just follow through with such an idea. Krüger’s speculation comes after Twitter rampaged last week thanks to Trump’s Bitcoin-bashing tweet.

Of course, Bitcoin was built to deter such an onslaught but that may not be enough to stop the Trump from trying anyway. Unfortunately for him, he would face up against a number of serious legal and constitutional hurdles.

The U.S. Government Cannot Ban Bitcoin Because Bitcoin is Free Speech

The U.S. has some of the most robust free speech laws anywhere on the planet. If Trump steamrolled down the path of a Bitcoin ban it wouldn’t be the first time the government tried to contain controversial source code.

In a landmark case in 1996, judge Marilyn Patel ruled against the Clinton…

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