Trump’s blessing on bitcoin could back-fire big time. Bitcoin’s rise could suppress commodity investment, harm real growth.

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TLDR:

  • Bitcoin’s rise diverts investment from commodities.
  • This suppresses commodity prices and inflation.
  • Money goes into crypto instead of real economy goods.
  • Without Bitcoin, investment would boost commodities and economic growth.
  • Crypto mainly benefits the wealthy, not the real economy.

Bitcoin’s surge is a mirage of wealth, draining resources from real economic growth and siphoning potential into the pockets of the already rich, at the expense of America’s future.

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