Research

[Analysis] Could Donald Trump Ban Bitcoin? - Noelle Acheson

Messari

Jul 21, 2019 ⋅  1 min read

After Donald Trump's infamous Twitter thread about Bitcoin and cryptocurrency, questions about the ability of a sovereign government to ban Bitcoin surface. CoinDesk's Noelle Acheson explains that the knee-jerk reaction to the possibility of a bitcoin ban is “yeah, just try it.” And many believe that a ban would be unconstitutional. Others insist that, even if passed, a ban would have no impact. But breaking down these bold and largely unchallenged assumptions, Acheson explains that if successful, the ban could have a material impact on the technology’s value. But she concludes by noting that Trump most likely won't.

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