Billionaire entrepreneur and investor Mark Cuban on Wednesday shared his controversial perspective on the potential impact of former President Donald Trump's re-election on Bitcoin (CRYPTO: BTC) and the broader cryptocurrency market.
What Happened: Contrary to popular belief, Cuban argues that Trump's return to office would not directly influence Bitcoin's price.
Cuban suggests that while Trump's presidency might make it easier to operate crypto businesses due to anticipated changes at the Securities and Exchange Commission (SEC), this alone won't be the primary driver of Bitcoin's value.
Instead, he points to broader economic factors as the real catalysts for potential price appreciation.
The "Shark Tank" star identifies two key elements that could propel Bitcoin's price under a second Trump administration:
Lower tax rates and tariffs, which Cuban believes could lead to inflationary pressures based on historical trends.
Global uncertainty regarding the United States' geopolitical role, potentially impacting the U.S. dollar's status as the world's reserve currency.
Also Read: Donald Trump Comments On Crypto Pivot: 'If We Don't Do It, China Will'
Cuban posits that these factors could create an ideal environment for Bitcoin price acceleration.
He goes further to speculate on the potential for Bitcoin to become a global "safe haven" asset, particularly if geopolitical uncertainties escalate and the dollar's dominance as a reserve currency wanes.
"Remember, the market for BTC is global. And the supply has a final limit of 21m BTC, with unlimited fractionalization," Cuban stated, highlighting Bitcoin's scarcity as a key factor in its potential rise as a global currency.
While Cuban acknowledges that his scenario is speculative, he emphasizes that the possibility is "somewhere above zero" for Bitcoin to evolve into the global currency envisioned by its most ardent supporters, especially in countries facing hyperinflation.
This bold prediction from a high-profile investor like Cuban adds an intriguing dimension to the ongoing discussions about cryptocurrency's role in the global financial system.
As the crypto industry continues to evolve rapidly, these topics are likely to be at the forefront of Benzinga's Future of Digital Assets conference on Nov. 19.
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亿万富翁企业家和投资人马克·库班在周三分享了他对前任总统特朗普连任对比特币（数字货币：BTC）和整个加密货币市场潜在影响的有争议的观点。
发生了什么：与广为流传的观点相反，古巴认为特朗普重返政坛不会直接影响比特币的价格。
古巴建议，尽管特朗普的总统任期可能会使加密货币业务的运营更加容易，因为证券交易委员会（SEC）预计会进行变革，但仅仅这样并不是比特币价值的主要因素。
相反，他指出更广泛的经济因素是潜在价格上涨的真正催化剂。
这位“狙击钓鱼池”明星确定了两个关键因素，可能推动比特币在第二个特朗普政府中的价格上涨：
更低的税率和关税，库班认为这可能会引起通胀压力基于历史趋势。
全球对美国地缘政治角色的不确定性，可能会影响美元作为世界储备货币的地位。
另外阅读：唐纳德·特朗普评论加密货币的转向: "如果我们不这样做，中国就会这样做"
库班认为这些因素可能创造出一个理想的环境，促进比特币价格的加速。
他进一步推测比特币有可能成为全球“安全避风港”资产，尤其在地缘政治不确定性加剧和美元作为储备货币的支配地位衰落的情况下。
“请记住，BTC的市场是全球的。 供应的最终限制是2100万BTC，具有无限细分，”库班指出，强调比特币的稀缺性是其成为全球货币的重要因素之一。
虽然库班承认他的场景是推测性的，但他强调了比特币成为其最狂热支持者所设想的全球货币的可能性是“高于零”的，特别是对于面临恶性通货膨胀国家的情况。
像库班这样的知名投资者做出的这一大胆预测，为有关加密货币在全球金融体系中的角色的持续讨论增加了一个有趣的维度。
随着加密行业的飞速发展，这些话题可能会成为贝辛加未来数字资产会议的焦点，该会议将于11月19日举行。
图片：shutterstock
