I don't think any US president will announce that they favor cryptocurrencies over centralized currencies for obvious reasons which is why I doubt anything will change whether it is Biden or Trump.
The good thing is that their approval isn't everything. The cryptocurrency market will continue to survive no matter what and history proves that. We need to focus more on improving adoption of BTC, ETH etc as currencies.
Topic: Biden and Cryoto - page 5. (Read 1149 times)
Cryptocurrency can do well without Government's influence, I even prefer government being silent on it but a policy in USA government againsts cryptocurrency can kill it. Asides China most big fund with high number of people in cryprocurrency is in the USA, ATM the whole world is still waiting for the $1 trillion palliative in USA to get into this space and pump the price a little. Dollar in USA matters here a lot, there are news of crypto investor's contribution in his campaign which will believe will make us safe under Biden.
If US government wanted to kill it, they have done it many years ago and not let bitcoin and crypto takes off specially in 2017 wherein it was really a boom, although they don't require their citizens to invest on ICO specially security token offerings. So that is the first big break that we have seen what US can do, file charges against those company.
Other than that, they remain bitcoin friendly, but with regulations in which exchanges like Binance follow, just to established a .US exchange. So we will see, but I have a feeling that nothing with change, US will remain in the grey area, but leaning towards a more crypto friendly nation.
How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.
We shouldn’t be speculating, I think it is best we wait for him to enter the office and we will know what are his views on crypto. I have not seen anything about him talking about cryptocurrencies before, so I can’t just start speculating and making wrong statements that will possibly discourage a lot of people.Let’s just hope that they don’t place more of these strict regulations that will tighten up everywhere and become a burden for cryptocurrency exchanges. And I also hope that they don’t pass some crazy laws that are going to discourage people and make them scared to buy cryptocurrencies.
I don't think that more strict regulations will come from the Democrats now, usually the Democrats are more open minded than the Republicans. My bet is that Biden will try to revert some of the Trump policies from the last 4 years and be more open towards business area like the crypto world. I agree we shouldn't be speculating here too much, it's best to stay outside of the political world and hope for the best.
Cryptocurrency can do well without Government's influence, I even prefer government being silent on it but a policy in USA government againsts cryptocurrency can kill it. Asides China most big fund with high number of people in cryprocurrency is in the USA, ATM the whole world is still waiting for the $1 trillion palliative in USA to get into this space and pump the price a little. Dollar in USA matters here a lot, there are news of crypto investor's contribution in his campaign which will believe will make us safe under Biden.
If it's about bitcoin adoption in the US then only Biden knows if he will adopt bitcoin in their country. If biden know about bitcoin but doesn't adopt bitcoin then it's another story.
The funny part with elections is that people often forget that Biden while elected as the president of the US bit that doesn't mean that he owns America. I mean they have a proper setup for each decision they take and it goes through multiple bodies before the president approves or denies it.Yes bitcoins might be affected by a negative or positive stance towards bitcoins from the new president but I am quite sure that everything with bitcoins is going to remain same because they already have decent laws regarding it and no need to fix something that isn't broken. If even there is some impact it might be very minor and almost negligible because of the decentralized nature of bitcoins.
How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.
What are your views?
What are your views?
Bitcoin shouldn't depend on the mercy of any president,prime minister or politician from any country in the world in order to prosper.The Biden administration won't be that different from the Trump administration or the Obama administration,so there's no point of discussing such topic.
Just like the libertarian economists from the past have said "lesse fair"(I don't know french) or "let it be".
Bitcoin will prosper,if the politicians leave it alone and don't intervene inside the crypto industry..
How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.
We shouldn’t be speculating, I think it is best we wait for him to enter the office and we will know what are his views on crypto. I have not seen anything about him talking about cryptocurrencies before, so I can’t just start speculating and making wrong statements that will possibly discourage a lot of people.Let’s just hope that they don’t place more of these strict regulations that will tighten up everywhere and become a burden for cryptocurrency exchanges. And I also hope that they don’t pass some crazy laws that are going to discourage people and make them scared to buy cryptocurrencies.
I don't understand why crypto is always associated with things that are viral and political or whatever, because bitcoin growth doesn't look at anything and anyone and will continue to grow and develop as long as there is support from investors and so on.
but what I do know is a lot of Biden's success team are involved and pro with crypto, so we'll see what happens next about crypto and Biden.
but what I do know is a lot of Biden's success team are involved and pro with crypto, so we'll see what happens next about crypto and Biden.
How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.
What are your views?
I can't see the participation of Biden administration in bitcoin development. If USA will just banned bitcoin for a purpose then we can't deal with that. After all, bitcoin will run eventhough who among them win in election. I am just happy for Biden and hoping that USA will grow under his administration. Regarding to bitcoin, it can stand still because it has many supporters around the world. What are your views?
Whoever becomes the 46th President of the United States now, whether Trump or Biden, they both can’t control decentralized Bitcoin.
Bitcoin doesn’t depend on who wins the election. Perhaps exactly if president Biden gives a loose and pro to Bitcoin,
the president becomes the driving factor for people to adopt bitcoin. If the president in a country is pro and supports bitcoin.
This will have a beneficial effect, as it could lower the concern factor in the digital asset market. In addition, there are many other positive effects.
Bitcoin doesn’t depend on who wins the election. Perhaps exactly if president Biden gives a loose and pro to Bitcoin,
the president becomes the driving factor for people to adopt bitcoin. If the president in a country is pro and supports bitcoin.
This will have a beneficial effect, as it could lower the concern factor in the digital asset market. In addition, there are many other positive effects.
If we base crypto on the performance of a country then what is the point of it being decentralized in the first place.
That's right! what's the sense of being decentralized if it's relying with someone's economy or we can call it leadership. Crypto industry
still eisting without any regualtions it's best to keep that way.
I do not think that a government administration would have that much influence in cryptocurrency unless it is a CBDC, the nearest thing that we can call an influence between crypto and government is coincidence.
Government needs to implement their own rulings wihtin their juriscitions outside there's nothing they can do about it.
As long as there's no threat to whoever leaders that be elected then everything will continue to move forward
and will succeed to coexist with other available digital currencies.
How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.
What are your views?
We don't speculate about that as the impact that will be happened to the crypto is still remain unclear. It looks like that we must see what will be going by gensler as he was chosen to lead the transition team for financial policy. I guess the impact of crypto will be determined from Gensler's team. What are your views?
I think that everyone can take a conclusion from the this
Quote
More recently, he has also testified before Congress about cryptocurrency and blockchain on multiple occasions, pushing back against comparisons between cryptocurrencies and Ponzi schemes and declaring that the still-unlaunched Libra token met the requirements of being a security under U.S. law. At an MIT conference two years ago, he opined that there was a “strong case” XRP (XRP, +1.98%), the cryptocurrency closely associated with startup Ripple, is a security. Gensler called blockchain technology a “change catalyst”
sources; https://www.coindesk.com/biden-confirms-gary-gensler-will-lead-financial-policy-transition-team
Imo if he's pros with crypto
If we base crypto on the performance of a country then what is the point of it being decentralized in the first place. I do not think that a government administration would have that much influence in cryptocurrency unless it is a CBDC, the nearest thing that we can call an influence between crypto and government is coincidence.
Why is there a need for crypto to be related into politics when at the first place no matter who it is on the position, crypto will still prosper because of the investors support for it. Yes, it might be thinking and considering that because of the institutional investors that is why people are always relating crypto with the political topics starting off with the start of the election campaign until the election day up until now that Biden becomes the newly elected president of the USA. We certainly do not know what is the stand of Biden with regards to the topic of crypto for what the newly elected president's focus as of now is the welfare of its people with regards to the fight against the covid-19 pandemic. But let us just all hope that good thing will still happen even the change of the administration will happen from Trump going to Biden although the relationship on it with crypto is not that clear for crypto lies on the people's demands and not with who is in the position.
I personally don't know if there was a topic about bitcoin and crypto in the presidential debate yesterday, because this topic might be there. But I just want to assume that if bitcoin and crypto might prosper, I believe that the governance that is created in the future will probably be more accepting of digitalization so widely that it is possible for bitcoin and crypto to be more accepted and more developed in the future. At least the best hope is always there, but if things get worse, then we also have to be prepared for all the decisions that are made later.
With all the years inside bitcoin's bag, I can't understand why we still have to take into account things that weren't even related to bitcoin at all like the president. Bitcoin will prosper with or without Biden as it is not secluded in a single country. It's decentralized, meaning it goes beyond borders.
Prosperity has always existed in bitcoin no matter who becomes the president of the us. There have been several arguement whether bitcoin benefits or not when Biden becomes the next president. The answer is bitcoin do not need a political element to affect its inherent strength.
Any president of the US will not want to involve in such kind of technology. The decentralization totally against the whole organization. They only want to impose tax on bitcoin and when they understand they can not do that in a proper way, they choose to ignore it.
People like us are the ones who benefits ourselves a lot with bitcoin. We have our privacy, we become anonymous, we are able to hide our footprint on the internet and we avoid being weakened by inflation. So honestly, i do not need to know who the next president to buy bitcoin.
Any president of the US will not want to involve in such kind of technology. The decentralization totally against the whole organization. They only want to impose tax on bitcoin and when they understand they can not do that in a proper way, they choose to ignore it.
People like us are the ones who benefits ourselves a lot with bitcoin. We have our privacy, we become anonymous, we are able to hide our footprint on the internet and we avoid being weakened by inflation. So honestly, i do not need to know who the next president to buy bitcoin.
He's just a puppet of the Soviet propaganda, yeah, I'm using the term soviet as it's way more fitting for what he does that simply Russian
And while we are at it, let's recall that Trump himself was suspected of being Kremlin's agent, and that was kinda official (given the investigations)
Oh and for people criticizing Trump, remember that in his first year as president the price jumped from 1k to 20k
It went up once
But it massively crashed twice during his presidency as well (to nearly 3k and 4k). So the net effect of his rule on Bitcoin prices remains to be evaluated and, most importantly, we should find out whether there is such an effect in the first place at all before we go any further
Topics here are going down the drain when it comes to quality..
Let's not mention the fact that the author did;t manage to write a 3-word title without ** it up, the whole OP is ..let's discuss. But of course, did you expect an opinion from the author himself? That was way too much to asks.
Mak Keiser is bullish on everything that might take down the $ and the US, gold goes up, it's the end of the dollar, oil goes up it's the end of the US, oil goes down, it's the end of the petrodollar, gold goes down it's good for the countries that buy gold to topple the US.
He's just a puppet of the Soviet propaganda, yeah, I'm using the term soviet as it's way more fitting for what he does that simply Russian.
Oh and for people criticizing Trump, remember that in his first year as president the price jumped from 1k to 20k
Let's not mention the fact that the author did;t manage to write a 3-word title without ** it up, the whole OP is ..let's discuss. But of course, did you expect an opinion from the author himself? That was way too much to asks.
LOL i like Max, whenever i read one of his interviews, he's always bullish on Bitcoin...but dammit, this is just too much, even for his standards 
Mak Keiser is bullish on everything that might take down the $ and the US, gold goes up, it's the end of the dollar, oil goes up it's the end of the US, oil goes down, it's the end of the petrodollar, gold goes down it's good for the countries that buy gold to topple the US.
He's just a puppet of the Soviet propaganda, yeah, I'm using the term soviet as it's way more fitting for what he does that simply Russian.
Oh and for people criticizing Trump, remember that in his first year as president the price jumped from 1k to 20k
The decentralized nature of cryptocurrencies wouldn't get affected by any president in any country in terms of legalization for IMO.
I agree, no matter how these presidents influence people if people are wary of such thing they won't get affected, so what if Biden isn't in favor of any cryptocurrencies, would that change a thing in crypto? maybe it would reflect in prices but how can we know that? perhaps there will be significant change in crypto tomorrow if Biden says no more crypto in USA today. Regardless of whose ever will be taking the presidential post, the only thing they can do is to implement some rules and not legalizing it because the ideology of Bitcoin is a decentralized currency and couldn't be subject to the jurisdiction of any central bank.
No matter how negative or positive their view on certain things, they can't get emotionally with any law that they are passing it needs to be studied. Jump to: