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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億萬富翁企業家兼投資者馬克·庫班週三分享了他對前總統唐納德·特朗普連任對比特幣（加密貨幣：BTC）和更廣泛的加密貨幣市場的潛在影響的有爭議的觀點。
發生了什麼：與普遍的看法相反，庫班認爲特朗普重返辦公室不會直接影響比特幣的價格。
庫班表示，儘管由於美國證券交易委員會（SEC）的預期變化，特朗普的總統任期可能會使運營加密業務變得更加容易，但僅此一項並不能成爲比特幣價值的主要驅動力。
相反，他指出，更廣泛的經濟因素是潛在價格上漲的真正催化劑。
這位 “鯊魚坦克” 明星確定了特朗普第二屆政府執政期間可能推動比特幣價格上漲的兩個關鍵要素：
根據歷史趨勢，降低稅率和關稅，庫班認爲這可能會導致通貨膨脹壓力。
關於美國地緣政治角色的全球不確定性，可能會影響美元作爲世界儲備貨幣的地位。
另請閱讀：唐納德·特朗普對加密支點的評論：“如果我們不這樣做，中國就會這樣做”
庫班認爲，這些因素可以爲比特幣價格加速創造理想的環境。
他進一步推測比特幣有可能成爲全球 “避風港” 資產，特別是在地緣政治不確定性升級以及美元作爲儲備貨幣的主導地位減弱的情況下。
“請記住，比特幣的市場是全球性的。而且供應的最終限額爲2100萬比特幣，可以無限分配。” 庫班說，他強調比特幣的稀缺性是其作爲全球貨幣可能崛起的關鍵因素。
儘管庫班承認他的情景是投機性的，但他強調比特幣演變爲其最熱心支持者所設想的全球貨幣的可能性 “大於零”，尤其是在面臨惡性通貨膨脹的國家。
像庫班這樣的知名投資者的這一大膽預測爲正在進行的關於加密貨幣在全球金融體系中的作用的討論增添了一個有趣的維度。
隨着加密行業的持續快速發展，這些話題很可能會成爲Benzinga於11月19日舉行的數字資產未來會議的重中之重。
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