Bitcoin was grounded on decentralisation and financial freedom ideals. It seems unwise to put too much hope, trust, or fear into specific people and governmental institutions of a specific country. The US is powerful, and the US President is pretty powerful as well. But Bitcoin transcends the borders and can be alright during different presidents and US policies. I don't think this election will make a major difference, not in the long run. So, in that sense, I agree with the op showing that Bitcoin has been rising gradually over different US presidents, despite whatever their opinions were.
Don't be deceived because the rise is because of the hype from presidential aspirants after everything is said and done and the winner is appointed, they may back down on their promises, and everything will go back to normal. Meanwhile, I do not believe anything at all that it is because of US presidents the price of Bitcoins is going how. I see it as a coincidence because Bitcoin would still do better or the same way it is now if there were no electoral campaigns and hype from US presidential aspirants.
Bitcoin was grounded on decentralisation and financial freedom ideals. It seems unwise to put too much hope, trust, or fear into specific people and governmental institutions of a specific country. The US is powerful, and the US President is pretty powerful as well. But Bitcoin transcends the borders and can be alright during different presidents and US policies. I don't think this election will make a major difference, not in the long run. So, in that sense, I agree with the op showing that Bitcoin has been rising gradually over different US presidents, despite whatever their opinions were.
Yeah bro, I wonder why people would be placing the fate of Bitcoin on some entities, Bitcoin is decentralised in nature and according to history it haven't been controlled by anyone and won't be currently, that's what makes it so unique and special for investors who believe in it's potential, despite the government institutions fighting hard to gain control over Bitcoin but to no avail and it still flourished overtime till this point. Majority are gradually seeing the usefulness of Bitcoin as an asset class hence the mass adoption by various individuals and institutions and I believe in the near future It could become widely accepted globally both for carrying out local and International transactions as well as different use case. People should disregard critics who come up with false points to backlash Bitcoin and jump on it cause it has lots of benefits for the future, those who have been holding for 5 years plus can testify of it's benefits as an asset class.
It cannot be controlled completely by anyone, but it has been influenced by some factors and electoral government practices are one factor. In the right sense, it is normal to be persuaded by their promises on the price of Bitcoin going high if they are elected which I call political fallacies but it won't last for long since its only for a person's ambitions.
