Weekly post : November 6, 2024. The aftermath of US Elections.

Welcome to this second weekly post !

This week, I'm talking about the future of Ravencoin and other cryptos in regard to the political status of the USA.

Firstly, I'm not an Americain, I'm a Canadian. I don't want to discuss why Trump won the elections, I can't vote for or against him anyway. But in regard of his last Presidential mandate, we can speculate oabout what will happen to crypto in the USA, and the rest of the world by extension.

From memory, Trump was president from 2017 to 2021 and thus he was in office when Ravencoin was stagnating just before the All-time-high of February 2021.

Trump bashed a lot of environmental policies (remember that crypto got the reputation of being power hungry and thus contributing to global pollution) and tried to crushed social programs like Medicare and Medicaid.

Did this affect the valuation of cryptocurrency ? I'm not sure about that. Let's think about it. We are heading into another 4 years of Trump but this time the COVID isn't there to shuffle things around.

In my opinion, we are heading toward another 4 years of crypto-stagnation until people lose faith in the monetary system and jump back into the crypto train. Maybe not a wave as strong as the All-time-high since COVID is not there, but bad policies and oppressive trade agreements will put pressure on classic economy.

This week, I challenge you to predict the future of Ravencoin for the next 4 years. PLEASE STAY POLITE. This is not a political debate, it is a discussion about Ravencoin.

Thanks and see you again next week 🙂