Thomas Lee, the managing partner at Fundstat Global, believes the While House could issue an executive order banning Bitcoin and other cryptocurrencies. While Lee noted that he wasn’t expecting it “as of now,” the ban imposed on e-cigarettes means the U.S. could ban “anything.”
The White House can try to ban anything (even Bitcoin)
After the U.S. government confirmed it was preparing a ban on flavored e-cigarettes, the news about the blow to the lucrative industry spread like wildfire. While most discussed the impact the ban will have on the economy, the changes it could bring about policy-wise were overlooked, suggested Lee.
Thomas Lee, the managing partner at Fundstrat Global, pointed out that the ban on e-cigarettes could have long-lasting consequences and affect other…