According to Stasis General Director Gregory Klumov, the re-election of Donald Trump for US President will be useful for cryptocurrencies. Klumov believes that the new Trump election victory in November could have a positive effect on cryptocurrencies and, in particular, on alternative investment assets.
According to the hypothesis of the expert on alternative investments, if the Trump will be once again approved to be the POTUS, the money-credit policy will remain aggressive with gradual weakening due to the delay in the monetary stimulation of the central bank of the United States. This will cause inflation, which maintains a favorable environment for any alternative investment.
He emphasized that the new capital stocks will flow into alternative assets, such as digital currencies – Bitcoin, Ether, and some others. Klumov believes that this process will increase the popularity of services for contactless payment and asset transfers through digital communication channels.
The fact that payments through the blockchain can be tracked in real-time will make online payments widespread.
The hypothesis that President Trump stands behind the super expansive monetary policy of the Federal Reserve and its effects on the economy is shared by other analysts as well.
This also leads to the conclusion that his loss on election-day could cause a serious delay, because if administrations change there will be much time needed to formulate the new monetary policy.
