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Trump Picks a Bitcoin Supporter for Cabinet as U.S. Budget Director

Discussion in 'BlackHat Lounge' started by The Scarlet Pimp, Dec 26, 2016.

  1. The Scarlet Pimp

    The Scarlet Pimp Senior Member

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    not sure if this is good news or bad news for those who invest in bitcoins but either way the gov. will be more involved than they are now. might be a good idea to be extra careful when dealing in cryptocurrency next year...

    Mick Mulvaney, a conservative Republican congressman from South Carolina and a long-time bitcoin supporter has been picked to run the Office of Management and Budget.

    Mulvaney became interested in bitcoin around April 2014 when he publicly stated:

    "Just wrapped up a Small Business Committee hearing on Bitcoin. I know it isn't a mainstream issue yet -- and may not become one -- but it's extraordinarily interesting and something that could eventually influence the dollar and our monetary policy.

    In fact, one of the witnesses drew favorable comparisons between Bitcoin and Milton Friedman."

    https://www.cryptocoinsnews.com/trump-picks-a-bitcoin-supporter-for-cabinet-as-u-s-budget-director/
     
  2. Reaver

    Reaver Jr. VIP Jr. VIP

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    Ugh.

    Just...ugh.