On October 10, Qiao Wang, founder of crypto incubator Alliance, released his views on how the US election results will affect the crypto market in the next four years, saying:
Bitcoin: The two candidates have little difference in monetary policy, and both are expected to continue printing money on a large scale.
Counterfeit products: Trump may be more supportive of crypto innovation than Harris, or will drive the market for counterfeit products up.
Crypto startups: The U.S. government's hostility towards the crypto industry over the past two years has stifled innovation. If this attitude persists for four years, significant crypto innovation may be rare in the United States.
Alliance founder: Whoever wins the US election will continue to print money, and the US may not see major crypto innovations
2024-10-10 04:12:25
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