Fundstrat agency co-founder Tom Lee said that the Trump administration’s actions regarding electronic cigarette manufacturers prove that the president can ban anything.
This is un-related but shows White House can issue an 'executive order' banning anything. And could even ban bitcoin. Not expecting it. But with current White House, there is “nothing out of bounds nor out of reach” @CNBC @angelicalavito #vaping #bitcoin https://t.co/gMZur1M4Cm
– Thomas Lee (@fundstrat) September 11, 2019
“This has nothing to do with [bitcoin], but it proves that the White House can ban anything by executive decree. Even bitcoin. I doubt it will happen. Although there is nothing impossible with today's White House , ”the analyst emphasized.
Donald Trump and the Food and Drug Administration for Food and Drug Administration intend to withdraw from sale smokers with menthol aromas, with the smell of fruit, chewing gum, sweets and alcohol. The cause indicates the increasing death of adolescents from lung diseases provoked by the smoking of so-called vapes.
Lee also agreed that the likelihood of a ban would increase significantly if Bitcoin reached $ 100,000.
True Agree
– Thomas Lee (@fundstrat) September 11, 2019
Recall, Trump first spoke about cryptocurrencies in July:
“I'm not thrilled with bitcoin and other cryptocurrencies that are not money. Their cost is excessively volatile and taken from the ceiling. Unregulated crypto assets can contribute to criminal activity, including drug trafficking. ”
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