- Do Prince Charles and Donald Trump own Bitcoin holdings?
- If they do, Bovada is offering odds that neither will admit it before the end of the year
- Prince Charles recently described Bitcoin as as “very interesting development”
Prince Charles, heir to the British throne, is apparently a fan of Bitcoin. He recently described cryptocurrency and blockhain as a “very interesting development.”
Is US President Donald Trump also a closet Bitcoin supporter? Trump’s recent move to raise tariffs against China caused a one-day increase in the value of Bitcoin of 26.5% to US $7,878. Those figures were according to the cryptocurrency exchange OKCoin.
Each of these instances raises a valid question – are two of the most powerful people in the free world investors in Bitcoin? And if so, would they ever admit it?
Bovada doubts that they would. The sportsbook is offering odds favoring that neither Trump or Prince Charles will acknowledge publicly that they have holdings in Bitcoin prior to the end of 2019.
Will Prince Charles Publicly Admit to Owning Bitcoin Before Jan. 1, 2020?
|Will Prince Charles Admit to Owning Bitcoin in 2019?||Odds at Bovada|
*Odds taken 05/17/19
Eddie Hughes, a Conservative member of the British Parliament, put forth a proposal that Brits be enabled to pay their taxes and utility bills via Bitcoin. He suggested that this was the only logical move.
UK Parliament Member Wants You to Pay Your Taxes with Bitcoin https://t.co/TeDTtaUBDG
— CCN.com (@CCNMarkets) December 10, 2018
The belief is that cryptocurrency, like other emerging technologies in the past 20 years, is only going to grow bigger. Like the smartphone and the Internet, they will become a part of every day life.
Will Donald Trump Publicly Admit to Owning Bitcoin Before Jan. 1, 2020?
|Will Donald Trump Admit to Owning Bitcoin in 2019?||Odds at Bovada|
Trump is always on the lookout for more money. From a national perspective, his tariffs on China make no economic sense.
Bitcoin started moving parabolic after Trade War was announced
Seen theories that due to Trump's Trade War with China
the Chinese instituitions decided to scale heavily in bitcoin to hedge against usd in preparation to dump US Treasuries
Imagine the demand and price increase 😲 pic.twitter.com/3EynL0QdTJ
— Crypto₿irb (@crypto_birb) May 14, 2019
They have, however, boosted Bitcoin stock. If Trump is a Bitcoin investor, this would be a perfect method to drive up the value of his holdings.
And hasn’t it become readily apparent that the main reason Trump ran for the Presidency was to make himself and his closest allies more wealth?
— Mehraj khan (@KhanMehraj1988) May 17, 2019
There is a flipside, though, that won’t appeal to the narcissist in Trump. Bitcoin is now a more popular search term on Google than Trump.
Are They Holding?
If you believe the Mike Myers character from So I Married An Axe Murderer, the world’s most powerful people are all part of a secret society that quietly control the planet’s financial markets.
Might it be a crazy notion to suspect that two of the richest people in the world are invested in a volatile, get-rich quick scheme?
It would be an equally crazy idea to wager that either of them are likely to admit it.