Arthur Hayes: Trump's "sudden concern for cryptocurrency" is not sincere

2024-07-14 11:39:28

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ChainCatcher news, Arthur Hayes pointed out in his blog post "Hot Chick" on July 11 that Trump's "sudden concern for cryptocurrency" is not sincere.

Hayes stated that appealing to the young, politically active, and wealthy cryptocurrency community might help Trump win the election. Therefore, Trump is enhancing his image among cryptocurrency supporters by saying all the "right things." Unfortunately, this newly emerged political interest has caught the attention of many in our industry.

He expressed, "What frustrates me is that many cryptocurrency experts who should know better are now blindly hosting fancy fundraising events for Trump's campaign. They mistakenly believe that Trump is sincere, and as long as they donate enough money, the 'crackdown on cryptocurrency' will disappear. This is utter nonsense. Trump is a savvy politician. He will say anything to anyone who wants to be re-elected. Once in office, anything related to cryptocurrency will become a distant memory."

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