Several experts have warned that a “America crypto-friendly president” might have disastrous consequences on global security as terrorists and far-rightists might take advantage of a loosened crypto-regulated environment. 

Former analysts at Canada’s spy agency and president of Insight Threat Intelligence, Jessica Davis warned that “any loosening of regulations on cryptocurrency (or the appearance of loosening) is likely to further increase extremists' use of crypto.”

And this might not be far from true as The Guardian reported that the Neo-Nazi group, The Base, which has been under the investigation of the FBI for years, used the new development of an incoming pro-crypto administration to solicit donations via cryptocurrency on the election day. 

Providing more insights into the correlation between crypto and terrorism, Joshua Fisher-Birch, an analyst at Counter Extremism Project, raised an alarm that crypto is extremists’ preferred method of crowdfunding. 

In an interview, he explained that “Any group can easily post a link to a wallet online that serves as a central destination where supporters around the world can channel funds.” “Monero is one of the terrorists group's favorite crypto due to its privacy-centered development," he added. 

However, it's interesting to note that Trump wasn't much of a fan of crypto in the first place. He called crypto “a scam against the dollar” and many people are questioning why he changed his stance. Some pundits claim his newly found passion for “making crypto great again” is a gimmick to court support from crypto enthusiasts and the far-right Silicon Valley tech giants.

Popular X observer, Clandestine confirmed this sentiment in his X post that reads, “Trump secured some serious votes with his promises for crypto. Tens of millions of Americans own crypto, and the hardcore supporters are EXTREMELY passionate about it. Many crypto bros will vote for whomever they think will maximize the value/security of their assets.”

Lado Okhotnikov, a popular Bitcoin expert, is however skeptical about the Trump administration's pro-crypto stance. 

He warned about the rise of  “Crypto oligopoly” in his post that reads, “Trump, a man who spent most of his life in business, understands one simple truth — there should be as few competitors as possible. The fewer free players on the market, the easier it is for you to dictate the rules yourself.”

“The crypto market, which has always seemed like the "Wild West", will become a new puppet theater. Crypto oligopolies are no longer dreams, but a reality looming on the horizon. I doubt that small players will survive in this market. They will be eaten by big fish, for whom their own script will be written.” he added. 

But there are people who believe free crypto is the way to go. Popular crypto expert, McKay Wrigley believes a deregulated crypto environment will give room for the technology to reach its potential and even impact other emerging technologies.

His X post reads,” AI + Crypto is wildly mispriced. The Trump admin will come in and deregulate the crypto industry. This will happen as AI Agents begin hitting the early stages of the “AI Employee” level. Crypto will be the financial rails for those agents. Digital employees + programmable money.”

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