The reason why people in power in the US & central banks are moderately hostile to bitcoin is because they don’t want people moving money out of the $ into bitcoin. I guess the higher the bitcoin price goes the more likely it is that people move into bitcoin en masse. That would be a bank run of sorts & the economy is in enough of a mess without that.

Personally I think bitcoin will best down any regulatory resistance & pressure from people in power to suppress it. Bitcoin is unstoppable, it’s like a ball being held under water, when it’s let go you know what happens.

 The US government especially Joe Biden sees bitcoin as a threat to the US dollar,and for this reason he doesn't want to promote bitcoin in his government but he has failed because bit coin don't need any promotion by government. Many investors in the US has deviated from USD and have started buying bitcoin to secure their funds from depreciating in the nearest future. As long as individual have stated adopting bitcoin on their own,knowing that it is am asset and a store of value to save their investment from inflation. I don't think that there is anything the US government can do about stopping citizens not to adopt bitcoin. Bitcoin is decentralized in nature and makes the government not being able to give accountability on who is using it or not. Bitcoin spread and adoption can't be stopped by anyone,no matter how powerful you are in the world.

It will embrace Bitcoin eventually, but I think it will take a loooong time to do it.

It's interesting to see that countries Turkey and El Salvador already adopted crypto in some way or just let people use it without regulations. But the US, which should be a leader in this money revolution, is dragging behind and still trying to regulate or ban crypto.

I think it shows that the US system is too rusty and old to accept positive and progressive changes.  And it will probably take a long time for the government to realise that the world is already adopting bitcoin and if US doesn't want to loose in this game, they should do it too.

Given that Bitcoin is a decentralised currency, that is not controlled by the authorities, Joe biden would want to see it as a threat having in mind that as a government, they want to control the financial activities of the citizenry and Bitcoin doesn't give them that leverage, it is not peculiar with America only, some Government in some countries went as far as banning  crypto.

Bitcoin is a kick-ass technology that's blowing up all over the world, and it's high time the United States got on board. Some folks are freaking out that Bitcoin could mess with the U.S. dollar, but let's be real, it's our own policies that have been doing damage to our currency. Joe Biden has been yapping his trap about Bitcoin, saying it's gonna mess up our economy, but that's just a bunch of bull. If anything, Bitcoin and other digital currencies present a sweet opportunity for the U.S. to step up and be a leader in cutting-edge tech.

I get why some folks might have doubts about Bitcoin, particularly with all the political talk around it. However, it's key to keep in mind that Bitcoin isn't naturally political, and plenty of advantages could arise if it becomes more popular. Whether you're keen on using Bitcoin to stash your cash or to make online purchases, one thing is for sure - it's a big change in how we view money and finance.

I think the title should be "The U.S. government should embrace Bitcoin." The government has not embraced it, just like you have said that it's political, but don't forget that even before Joe Biden was president elect, there was never a motion to embrace Bitcoin (that I'm aware of). the level at which Bitcoin adoption has reached in the US.

The citizens don't actually need for the government to embrace it; what's the need for that, unless you actually mean the government should put in some form of regulation? The U.S is among the top-rising crypto-friendly communities, with lots of functional Bitcoin ATM machines. What more do you need before you agree that they have embraced Bitcoin?

They are the first to have embraced it. The government isn't banning it but crypto is misrepresented as a tool by criminals since the biggest guys out there like Soros and his friends look at BTC as a threat. If they embrace it now while there is recession, it may save citizens from getting poorer everyday.

They are trying to regulate though but it's becoming hostile since the government is attacking to acquire control. There have been several reports about it and centralization can be a weapon for them just as Canada did to freeze coinbase wallets.

OP I don't know where you get your information from but it's completely wrong. I don't know why you're trying to turn this into a political thing. Trump was also against Bitcoin. The only time he even mentioned it was when he said he doesn't like it. In fact the Trump administration was trying to push through some tyrannical anti-crypto rules in the last few weeks before they left office, but they weren't able to get them through before they left and Biden stopped those rules from potentially being put in place as soon as he came into office. But neither Biden nor Trump are bitcoin friendly. Most politicians aren't bitcoin friendly because most politicians don't know anything about Bitcoin. The few politicians that are bitcoin friendly are the few that know at least a little bit about it.


Agree on your title at least, the US should embrace bitcoin, it would be good for the people and good for the country. But I don't know why you're trying to spread misinformation about Biden and Trump and make this a democrat/republican political thing lol

For the supposed "Land of the Free", you'd think America's ideals would align more closely with Bitcoin's fundamental principles.  I guess their priorities changed.  "The Almighty Dollar" is now more important than Liberty.  What Bitcoin represents is simply too much freedom for them to handle, because it's effectively freedom from the Dollar.   

I kinda see where Natalie Brunell is coming from, but government types are never going to see it that way.  They'll always perceive anything they can't control as a threat to the economy.  And, donkey or elephant, party politics makes no difference on that front.  It's all about control.  They have to have it.  There's no other way from their perspective. 

But, as a non-US citizen, I'm actually pretty grateful for that.  I'd be more alarmed if they did suddenly decide to embrace Bitcoin.  Leave it well alone, thanks. 

You can call it whatever you want, I highly doubt that the US are going to embrace it without heavy regulations like what we are seeing, SEC is going after a lot of crypto projects and even exchanges.

We all know how good bitcoin is for the government, but it will take a lot from the leadership itself. And as big as America is, it's going to be a long road for bitcoin to be embrace or to be adopted because it's going to be a threat to their US dollar.