chepicap.com
The CEO of the Goldman Sachs-backed payments company appears to be reading a most optimistic outcome out of Trump´s latest tweet about crypto.
Jeremy Allaire, Circle´s CEO, was one of the many highlighted voices inside the crypto industry to reply to Trump´s attack on BTC, USD-shill included.
Possibly the largest bull signal for BTC ever. Crypto now a Presidential / Global policy issue. People everywhere will embrace a mix of sovereign and non-sovereign digital currency. https://t.co/PK79wmCddM
— Jeremy Allaire (@jerallaire) July 12, 2019
Under his view, increased attention over Bitcoin brought upon by Trump could have exactly the opposite effect of what the U.S. president seemed to intend by his message on Twitter. The also co-founder of Circle had a further comment to share with Trump, this time with regards to the advances made in the stablecoins field:
And btw if you are interested in the future of the US Dollar, this industry is already way out ahead — US Dollar Coin, the crypto currency, is launched and growing @centre_io https://t.co/9hE6MbA94D https://t.co/CdtzrsJWYv
— Jeremy Allaire (@jerallaire) July 12, 2019
As mentioned before, Allaire was not the only member of the crypto industry to weight in, with plenty of well-known personalities and firms stepping up and trying to make their arguments visible. Winklevoss-led Gemini exchange and Kraken´s CEO Jesse Powell were just two of them:
“Bitcoin is underpinned by math and cryptography. Like gravity, it works, whether you believe in it or not.” - @winklevoss
— Gemini (@Gemini) July 12, 2019
“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.” - @tylerwinklevoss
— Gemini (@Gemini) July 12, 2019
Mr. President, one could say the same of unregulated fiat currencies, like the privately operated US dollar. The advantage of cryptocurrencies is that they are predictable and transparent. Regulated or not, useful tools can be used for good and evil. Don't let the US fall behind.
— Jesse Powell (@jespow) July 12, 2019