Bovada doubts that either Prince Charles or US President Donald Trump will own up publicly to holding Bitcoin. Photo by Dan Marsh (flickr) [CC License].
Prince Charles, heir to the British throne, is apparently a fan of Bitcoin. He recently described cryptocurrency and blockhain as a “very interesting development.”
Is US President Donald Trump also a closet Bitcoin supporter? Trump’s recent move to raise tariffs against China caused a one-day increase in the value of Bitcoin of 26.5% to US $7,878. Those figures were according to the cryptocurrency exchange OKCoin.
Each of these instances raises a valid question – are two of the most powerful people in the free world investors in Bitcoin? And if so, would they ever admit it?
Bovada doubts that they would. The sportsbook is offering odds favoring that neither Trump or Prince Charles will acknowledge publicly that they have holdings in Bitcoin prior to the end of 2019.
*Odds taken 05/17/19
Eddie Hughes, a Conservative member of the British Parliament, put forth a proposal that Brits be enabled to pay their taxes and utility bills via Bitcoin. He suggested that this was the only logical move.
UK Parliament Member Wants You to Pay Your Taxes with Bitcoin https://t.co/TeDTtaUBDG
— CCN.com (@CCNMarkets) December 10, 2018
The belief is that cryptocurrency, like other emerging technologies in the past 20 years, is only going to grow bigger. Like the smartphone and the Internet, they will become a part of every day life.
Trump is always on the lookout for more money. From a national perspective, his tariffs on China make no economic sense.
Bitcoin started moving parabolic after Trade War was announced
Seen theories that due to Trump's Trade War with China
the Chinese instituitions decided to scale heavily in bitcoin to hedge against usd in preparation to dump US Treasuries
Imagine the demand and price increase
Bitcoin has been facing a bout of sideways trading for the past several days, but today’s drop to below $10,200… Read More
With a growing interest in blockchain solutions for government, the city of Los Angeles has partnered with organizers of a… Read More
watch nowTalk about a bitcoin bull case.The digital currency is headed to new record highs, says Tom Lee, co-founder, managing… Read More