Back in February, President Donald Trump threatened to shut down the federal government if Congress didn’t put a stop to illegal immigration. Two months later, it looks like he never followed through on his claim but that doesn’t mean it’s impossible from here on out. What would a government shutdown mean for the world? For America, it would not be ideal. However, crypto looks forward to such an event and here’s why.
TRUMP GOVERNMENT SHUTDOWN IS COMIN; CRYPTO COMMUNITY HOPES SO
Believe it or not, Trump’s threat for a government shutdown was not the first time. Last year, he suggested the government “needs a good shutdown.” in response to Barack Obama’s performance in the White House. It’s easy to make such claims from the sidelines but now that he’s in the position itself, it’s a little different. However, that didn’t stop him from making the same claim again this year. Yet, some America does not seem to agree.
MEXICANS DO NOT WANT TRUMP GOVERNMENT SHUTDOWN; CRYPTO DOES
If there is anyone that doesn’t want a Trump government shutdown, it’s the Mexicans. As stated earlier, the whole reason for this shutdown is so the government can get some plans together and implement strict immigration laws. This is bad news for the Mexicans and not just the illegal ones either. A group of legal, young immigrants called “the Dreamers” are threatened by Trump’s new policies. If they go through, these people could be sent back to their country of origin after growing up in America. It’s a tough time for them but for the crypto community, things are looking up.
CRYPTO COMMUNITY LOVES TRUMP GOVERNMENT SHUTDOWN AND HERE’S WHY
Crypto and government are two words that don’t mix. It’s not because crypto is illegal. Sure, some organizations are but for the good, honest startups out there, the government is simply holding them back from completing their humanitarian efforts. Startups like Humaniq, YouToken, and Opeko are all striving to make the world a better place using blockchain technology and crypto. However, with the government’s increasingly strict regulations, this is hard. Hence, a government shutdown might give these startups some time and flexibility to reach out to the world and get their humanitarian message across. Let’s hope that’s a world we all live in someday.