Everyone extends olive branches to crypto when the price goes up but empty their rounds of bullets at it when it goes down. Who would've known?

However, I still do not trust the Biden administration in regards to crypto. They still look like the kind of people who are ready to kill bitcoin privacy at any moment if they want to.

PS: Politicians usually don't keep their promises. It is well known.

Bitcoin went up 500% under President Biden.

Trump will bring massive change and chaos to the American economy. He has promised to deport 5% of American residents, which will wreak havoc on our labor markets and send our economy into a tailspin.

Trump's history involves overt, blatant criminality that his supporters don't care one whiff about. He used his last time in office to enrich himself and his family to the tune of billions of dollars (not penny-ante stuff like the "Hunter Biden" thing), and his taste in the stock market shows that simply outlawing Bitcoin so he could replace it with a currency of his own (not the US government's, his own) would be perfectly in character and met with strong applause by his core voting base. This could send the price of Bitcoin to zero or something close to it.

Go with the safe choice that has profited Bitcoin owners these past years: Biden. No politician is perfect, but Biden is absolutely the best choice for Bitcoin owners.

No, before a few months ago Trump spoke negatively about Bitcoin. Read your history. He is only saying things about Bitcoin now because he thinks it can win him a few votes.

Donald Trump is absolutely not a "successful businessman", he's a spoiled heir to several billion dollars who lost half of his inheritance because he'd be twice as rich as he is now if he simply put his inheritance in the bank when he got it. He drove several companies to bankruptcy, including--get this--a casino! Trump couldn't even make a casino work!

Trump pardoned several criminals for the crime of ripping off his own supporters and his followers still love him for it. Trump promises therefore to steal from all Americans because he clearly likes stealing and he will not suffer any political downside from doing so.

Trump is promising, through his written policy documents, radical change to the US economy. If you've ever spent even a minute in a real business, you'd know that the last thing you want from the government when things are going well (e.g. Bitcoin going up 500% under Biden) is massive changes.

Trump promises chaos. Biden promises more of the same bull run we've been on.

Both presidential candidates are reaching out to crypto right now for one reason and one reason only: to get votes in this year's election.

For America's sake Biden NEEDS to win this election (I mean I really wish it was a different Democratic candidate, but since its not, Biden is the only hope for America again, just like four years ago). I don't think USA can't go through another round of Trump without breaking, and even if the country didn't full on break, another four years of Trump would be very horrible in every way imaginable and leave another round of deep lasting scars on the nation.

So it is very good to see Biden perhaps a little bit starting to change his tune on Bitcoin/Crypto. Because it means maybe some decent Crypto legislation will get passed this year, and of course it can help Biden grab a few extra votes. Sometimes political realities is the only thing that'll spur a politician to wake up and do the right thing, and this seems to be starting to be the case with Biden and Bitcoin/Crypto.

Regardless of what the Biden administration had done to crypto, they can always take credit for the SEC allowing ETFs. They may get some votes still and make a fair competition with Trump for the crypto community. But both parties still can't be trusted, they however figured this election is crypto-based so they might as well change their stance for now before it's too late. This is where the world can see how politicians are just going to do the necessary in order to win.

Why are they seeking 'guidance' on crypto related matters now, does it mean they have they been regulating and attacking an industry that they do not fully understand? There is nothing to be excited about all this and it looks like a strategy to score a few points in the election that's coming later this year.

I feel some bitcoiners get too excited with news like this and i don't really know why, neither of the presidential campaign teams have said anything that bodes so well for BTC, and i am sure the way they view and understand BTC isn't going to change.

they race to win the presidency so taking the safer route to get votes will be what's best for the two. congress however are doing everything to submit bills that are not going to help the crypto holders. in time and whichever wins this election, they will still approve those bills like custodial wallets will be asking KYC to its users for tax purposes. in the end, it's just like saying something good for crypto but doing the exact opposite.

You don't understand what he was trying to point out.

If democrats had been that bad for Bitcoin how did it increase 500% how did ETFs got approved, how did the US gain the majority of the hahsrate, how is it that the US dominates everything in terms of atms,node, businesses, and owners when Trumps argues the democrates are against Bitcoin.

Seriously, I want to see one argument that Democrats have made something agsint the princeples of Bitcoins and put it in the law.


What have they done?
They made possible the biggest bull run we had, a new ATH and record cash inflows.

I am not a fan of politicians talking about Bitcoin. The more they know about what Bitcoin can offer, the more they will reject it. The coming period will witness economic wars between the United States, China, Russia, and Bitcoin, and Bitcoin’s entry into the political battle between these countries will not be beneficial. Bitcoin seems less sensitive to political variables, which is a positive thing because it can be a candidate for a safe haven, but if it is affected by political variables, it will be closer to stocks than gold.

The last BTC bull run started during Trump's presidency (2020). Many people comfortably "forget" this fact. I won't even mention the even more impressive 2016-2017 bull run which also happened during Trump's presidency... you guys need to stop using silly arguments that don't even prove your pro-Biden point.

It doesn't matter who was the president in 2021 (in an parallel universe it could have been Trump and it wouldn't have stopped the bull run).

It's asinine to insinuate that a president (no matter who it may be) can influence a decentralized currency that much... unless BTC is centralized and we don't know it. Is that what you want to believe?

I get it, woke folks/purple-haired Karens are triggered in case Trump gets elected again, but this isn't a fair criticism towards him.

A fair criticism IMHO would be a potential financial meltdown in 2027 when China invades Taiwan. The US economy/stockmarket (Apple, Nvidia, AMD etc.) is highly dependant on TSMC (they're building new bleeding edge fabs in the West and Japan, but they won't be ready until 2027-2028). Imagine if Nvidia stock plunges by 99.99% in a single day due to disruption of supply chains.

If Trump is the next president, he will get all the blame for starting WW3 and triggering hyperinflation in the entire world (which is going to ruin all fiat currencies -including USD- and bring CBDC as a "New Deal").

But regardless of presidents (they're all WEF puppets), it's the Deep State that actually dictates if WW3 starts or not and you guys keep wasting energy about who is the best puppet/frontman in a faux democracy.