Topic: Biden administration will kill Bitcoin! Says Ron DeSantis. - page 2. (Read 447 times)

No maybes, this is definitely his strategy, he wants to secure the vote of the crypto population and what better way to do that than to say what they want and need to hear about bitcoin and I saw some clips of his speech about bitcoin, he seem genuine about his support with bitcoin but I think that if he ever gets elected, the people behind the curtain as I like to describe our real masters will try to influence his decisions that might make bitcoin much stronger in USA.

I think that the obvious reason as to why they don't accept is as Ron DeSantis has said in the quote of the OP, they can't control it and we know that any government that wants to assert control over their domain will kill or remove anything that they have no way of controlling, it would be nice if there's coexistence but so it happens, we are living in a greedy world.

Biden administration can stop Bitcoin's progression in the United States of America, that's the hardest lent they can go to, and yes it's doable, but how about other countries? Is Biden going to control them too? We know that some countries won't like this either, for example, China.

Bitcoin existence was never meant to take over Fiat, some people want Bitcoin to be money they use everyday but that's nonsense, Nakamoto never created Bitcoin to replace Fiat, Bitcoin existed for people to use among themselves, it's the people's money without the involvement of the government.

Bitcoin stops only when they people want it to stop, this is what Biden and Gensler finds hard to understand.

The Governor of Florida, Ron DeSantis, In September 2021, the Biden administration made a statement about Bitcoin. I don't doubt any interference on Bitcoin by any country's government because no one has any control over it. It is not believable that Bitcoin can be killed because the coin is a decentralized digital currency. over which no one has any control. As Bitcoin has spread all over the world now in my opinion everyone should welcome Bitcoin like other countries instead of going against it.

Biden administration may restrict Bitcoin adoption in America but Biden cannot kill Bitcoin because Bitcoin is decentralized global network.  USA had been battling Bittorent and still, they can't shut it down, what more in Bitcoin where more people are into it?

I believe Ron DeSantis statement is for political agenda so that Bitcoin enthusiasts will not support Biden.

Although Ron DeSantis made a correct statement he said the people in Washington don’t like Bitcoin because it is decentralized but he was wrong when he said they will end up killing it.
Having said that, what I see in most of his statement is just political strategy and every politician campaigning for President will always make people see him as someone that's good than the recent President.

Maybe this is just a strategy he wants to announce when the campaign gets underway. This is not surprising given the fact that bitcoin is a rather sensitive subject, so his statement wants to attract the attention of people and investors related to bitcoin. As for bitcoin, it's hard to resist being shut down or scrapped by any single entity. So, instead of trying to kill it, why not accept it like some other countries are doing?

This is nothing new about political statements when politicians target each other's visions within the scope of the competition for access to power. Bitcoin cannot be controlled, as you mentioned, and therefore it cannot be killed. With regard to the statements, they derive their credibility from the attack that the US authorities are carrying out against platforms that support crypto, and it is an attack that does not necessarily reflect the policy of the current president of the United States because if an event is capable of negatively affecting finances and the economy in general, then it is logical to target it.
I do not advise anyone to follow these statements or take them seriously, since Biden's competitors themselves can do nothing but target Bitcoin because it threatens the centralized nature of governance and decision-making.

I don't know why the US thinks that they can do anything they want! Biden administration can surely Kill bitcoin but in the US! They can't kill Bitcoin worldwide. let's get this fact straight. They can do whatever they want, but only on US soil which has limited effect on the bitcoin network. It is decentralized for a reason and no single country can just shut it down as per their own will.

Bitcoin and crypto-related businesses will just move to countries like El-Salvadore or Singapore where the law is friendlier towards crypto businesses. They will gain out of it.

The Biden administration can do anything with Bitcoin but obliterate it. They might put up strict and tight regulations, and watch the usage closely and concerningly, yet completely killing is nearly impossible. Bitcoin has robust mitigation development that is built to lessen any parties to be able overly controlling the protocol or networks. And I doubt the community and some people would freely let Bitcoin get killed.

One thing to bear in mind, as he runs for a presidential candidacy, he might exaggerate things to gain some partisan.

If Bitcoin is going to be regulated then it might have a big effect on the entire cryptocurrency market if it affects the activities of investors. The market is never meant to be understand any government watch that is why we don't need any third parties to process our transactions for us.

I just hope that whatever plans they are have Bitcoin and the entire cryptocurrency market would never work. Bitcoin is not meant to be controlled by the government so that it will not affect the major reason why it was created. The government are always there to make us look like we should always depends on them for everything which does not make any sense.

Biden is an old man and I don't expect him to contest again because that would be a jeopardy for the entire US citizens since he does not have major control of the office. He is being influence by people that put him on the seat.

The United States is indeed the most powerful country in the world, but in the end, they are only 1 out of hundreds of countries, while bitcoin has been and is everywhere. I wonder how they can kill bitcoins?

The only way to destroy the entire bitcoin network is for all governments to unite and destroy it. But unfortunately, that will never happen, the US has a lot of allies, but they also have a lot of enemies, so not that they don't like bitcoin means the rest of the world will reject bitcoin too. Their power is under threat from economic to military, and if they ban bitcoin, they will be even more backward than their enemies. No matter who will be the next president of the United States, but I believe they will not do that stupid thing.

They can't kill Bitcoin, they can only pretend such doesn't exists, forcing their people in the country to stay away from Bitcoin, I guess the person that says this statement that we are discussing has too less idea about Bitcoin.

If you don't want bitcoin, it's fine, someone else will, but just because you don't want and hate it doesn't mean every other people in the world should do the same.

They should leave Bitcoin for those that like and want Bitcoin, it's not by force, Bitcoin can't be killed.

For starters he is part of the same regime, he is coming from outside in a different political party or anything like that. In simple terms he is a cog in the same machine. Assuming he takes the office (although impossible) he is not going to be allowed to do anything differently nor would he want to. The US dictatorship dubbed democracy runs and thrives on full control that the regime has on every aspects of their "subjects" lives. Specially their monetary transactions. Bitcoin threatens that control hence is a threat to the dictatorship regardless of who is in the office.

As for "killing bitcoin", it is not possible. They can fight bitcoin, harm it and postpone its mass adoption as they want but they will not be able to kill it.

If they can't kill it within their first four years in office then the next forty or four hundred years they can't kill bitcoin because it still remained decentralized and as long as the network never stop working in consensus to it protocols nothing can stop it, no amount of attacks, hack or threats can make impact on a decentralized network like bitcoin.


Not only their government but every selfish interest governments that's is in power will want the continuity of fiat currencies over bitcoin because they can source their own cut through such means under political power and influence they share among themselves, they are after their own not minding about how the masses can enjoy financial freedom since they are the stumping block against it

What if he changes his speech once he gets elected? Anyway, the same goes to all other candidates that are supporting Bitcoin right new, I want to know how this administration will kill Bitcoin though.

This is just US only, and Bitcoin is something that is everywhere around the world.

if they don't want Bitcoin that doesn't mean they killed it, they will put ban on Bitcoin and other countries will embrace Bitcoin, this is the worst that can happen, as you can see, US will be left to struggle in the end because all big crypto companies in the country will have to leave and find another country to operate from, US will end up been the real loser.

If they can't control something, they should learn to make something from it, if this news is true then the Biden administration is the most foolish one among the rest.

no one is talking about recessions and covid

what they are saying is when US wants to TAX BITCOIN MINING that is a direct hit on bitcoiners.
however they also want to give tax relief to miners that are green/sustainable.. thus a form of control
such as international(non US miners) wont get the tax relief because auditing them would cost more compared to domestic miners.
thus it incentivizes miners to put asics inside the US, in "green states" to centralise mining more.. for tax purposes(cheap audit and reliefs)

Actually, if America were to ban Bitcoin and Altcoins, it would be detrimental to them because we know that many crypto companies are located in America, and now America is one of the countries with large crypto transactions, so just imagine if the Biden government or whoever it is bans crypto. Moreover, America is a democratic country which frees its citizens to be able to choose what is best for them, and that includes cryptocurrencies. So it is a big mistake for any American president to ban crypto.

Pro bitcoiners please take note that everything isn't about BTC, how is inflation, recession and debt caused by covid and the war a way to kill BTC, and some of you usually say that all these things are good for BTC, now you are saying it is a way to kill BTC. It is irrational because inflation, recession and debt is a global issue at the moment, and each country is trying to fight it and steady their economy, it has nothing to do with killing BTC.

The title is misleading according to me as Biden government can put legal restriction on it but can't kill it because they don't have any control over it so how come they can do such thing? They can act as obstacle like putting ban on its usage or more strict laws against it but still btc will be used in other parts of world.But frankly saying they won't put complete ban on it as they might be against mining operations with all their lame excuses but not btc as they can also benefit from it in one way or other.See how others react to it when it comes to politics.

at this present moment the BS cartel (DCG(barrysilbert/blockstream) do control many aspects of bitcoin.
everything from:
exchanges(coinbase and grayscale) who custodianise the most coin
code(blockstream and subsiduaries like chaincodelabs and brink) who control the code upgrades
miners(foundry) who have the most hashpower
tx blacklisting(chainanalysis) who watchlist dirty coins and report that to exchanges and regulators to watch

that group have changed bitcoin to be expensive to use and exploited to bloat bitcoin to make normal people not enjoy using bitcoin as much as previous years, whilst the group advertises another network as the fix for their experimental  exploits on bitcoin, to get people to abandon bitcoin and move over to other networks.. other networks that charge man-in-the-middle fees for processing payments... they dont want to apply fixes to bitcoins active ruleset because that goes against their business plan of other network adoption.

so come to that realisation that bitcoin is vastly more controlled by a US cartel.

those lobbyists of that group are actually paying government to make regulations. not prevent regulations

and yes the cartel was also part of helping create barriers of entry such as the NYLicence meaning small businesses were priced out of being able to afford a licence to operate in NY

right now at a regulatory point. bitcoin is as open as it can be to bitcoiners. however a new president is not going to remove other regulations to make bitcoin "us friendly". he instead will apply more. pretending to be friendly whilst actually causing barriers of entry
EG to serve americans, an international company will need a US licence which comes at more expense than a us-domestic business would need to pay. due to international costs of getting auditors to travel to distant destinations to audit non-us companies using bitcoin
(look how the US is treating binance soo much differently than coinbase)


making bitcoin US friendly. is not about zero regulation, zero control, zero fee licences. zero tax
its about more regulation, more international tarrifs. where by being "US-friendly" is  that domestic US businesses will get tax reliefs, licence discounts and such, whilst international companies not wanting to have a US HQ base. will be charged higher costs for serving americans. because thats how americans act towards international projects/communities in regards to the phrase "US friendly"
after all its not worded "US will be internationally bitcoin friendly"