Thomas Lee: The White House can ban anything, even Bitcoin

Thomas Lee: The White House can ban anything, even Bitcoin

Fundstrat agency co-founder Thomas Lee said that the Trump administration’s actions regarding electronic cigarette manufacturers prove that the president can ban anything.

Donald Trump and the 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.