Topic: If Kamala Harris wins, Bitcoin will be fine. - page 2. (Read 2158 times)

Actually in this case even though there have been remarks from Trump does not mean that it will also make bitcoin a thing that will indeed have a big advantage in the end because regardless of whoever in the end becomes president bitcoin will remain in its path without being able to intervene on both sides even though for now Kamala and Trump have different views where this is like an opposite magnet between each other.

Talking about temporary market impact will definitely still exist because after all this is like a battle of bitcoin opponents and bitcoin supporters so when the opponents win the market will be a little shaky for a while and vice versa when supporters win the market will start to lead to better things. But it is only temporary because in the end it is just the reaction of some traders who create new bubbles for personal gain by utilizing the presidential election as one of the means to profit.

Donald Trump is ahead of Kamala Harris on political issues, that's why Donald Trump has made many positive comments about Bitcoin in various conferences. The United States is basically full of Bitcoin investors and they must have accepted this promise of Donald Trump which is why the number of voters of Donald Trump started to increase from his comments. Kamala Harris is not as experienced in politics as Donald Trump so she could not make any clear comments on Bitcoin. So for now it can be said that both the presidential candidates in this election have somewhat positive comments on Bitcoin but people trust Donald Trump which is why D J T is ahead in electoral votes so far.

Democrat and Republic has been the face of US elections for many years but you want the truth, Robbert Kenedy would have made a good choice in my opinion. The rest of the candidate stole that brilliant idea of Bitcoin support from him and suddenly they added it to their campaign starretgy because they wanted to carry every sector along just to win the election. Even Kamala didn't recognize Bitcoin until later after Trump has made all it's support for Bitcoin.

There is two things these two candidates will do, if Trump should win this election, that guy will be focus on getting his revenge than do the things he has promised and if Kamala win, she will be focus on what her paymaster told her to do. She definitely don't get to say what she want but the canals will tell her what to do and that means America isn't on her hands but on the hands on the people of the high tavel which is why till now, I don't like neither of them.

It was only Donald Trump that has made positive promises to the Bitcoin community when he spoke at the Bitcoin conference on July 27, in Nashville. He specifically said he would make the United States the "crypto capital of the planet and the Bitcoin superpower of the world”. Trump also promised never to sell the Bitcoin the government owns and he would even buy more of Bitcoin.

https://theconversation.com/make-bitcoin-great-again-what-donald-trumps-backing-of-crypto-could-mean-for-the-industry-235988

Kamala Harris has no clear policy on cryptocurrencies. Her comments about crypto is


I checked and didn't see any announced election results. And there is no news that Trump is leading. Maybe you should drop a link to the news. Thank you.

Of course the two candidates are making different promises on Bitcoin so whichever one of these two candidates is elected I think will definitely be good for Bitcoin. Electoral votes have started coming in from various states, so far Donald Trump is ahead. Donald Trump is likely to become president. Only time will tell whether the promises made on Bitcoin will come true if Donald Trump is elected president.

The worst set of people to trust and take their word to heart are politicians. Trump made some sort of promise of things his administration will do for bitcoin if he is elected into power; those I will tell are promises of a politician who wants to buy the hearts of voters.
 
Kamala, on the other hand, is also a politician who has not in any way carried crypto on her forehead of campaign, but to some extent I will rather trust Kamala for her unsaid words than to trust unstable Trump.

yes it would be fine, but it would be much better if Trump wins this election. because you can see how trump promised that he will give the best to bitcoin in the american market and he will give bitcoin a chance to grow better there, in the long term of course this is very good for the development of bitcoin. while kamala did not promise anything good to bitcoin, instead she focused more on racial and lgbt issues which I think is disgusting. and you can't expect much in the future of bitcoin under her administration if she wins.

What could be the ideal outcome of the election for the Bitcoin community?

IMO it would be: Harris for president - small Republican majority in Congress.

Trump is not a trustworthy person. But more important, he's a protectionist (and thus anti-liberty). Protectionism has never helped the world economy, and eventually also can harm Bitcoin. In addition, I believe the danger that under his tenure crypto scams could flourish is real, and this could generate widespread anti-crypto sentiment in the US society. Irrational decisions when it comes to foreign policy are also a danger, which also could affect Bitcoin as we saw often dumps when for example the Middle Eastern conflict got back to the headlines.

A Harris victory instead would very likely continue the positive evolution and adoption Bitcoin enjoyed during Biden's tenure in the US society and economy.

But on the other hand, it would also not be ideal if Democrats get a too large majority in the US Congress. There is a fervescent anti-Bitcoin group in the Democratic Party (the group around Warren), and they could feel entitled to try to pressure for anti-Bitcoin laws if the Democrat majority is too large. The anti-Bitcoin group includes also some Republicans by the way, but it is stronger in the Dems.

Fortunately a large Democrat Congress majority seems unlikely. Republicans even according to the Democrat-leaning website FiveThirtyEight have a 90% chance of control of the Senate.

Yes, it will be fine.  It will just be "more fine" if you have people who embrace liberty involved versus people who (like the EU and US bureaucrats) embrace command and control economies.  The difference between communism/socialism/fascism and a free country. 

we don't need to forget what BTC stands for. And the elections won't change that. Very nice and correct statement and my opinion concerning the election saga is that either ways Bitcoin would still be progress but just that if Trump wins their would be a fasters progression and more adoption of Bitcoin, he's a Bitcoin lover and if he wins he'll implement certain rules that would favour Cryptocurrency (Bitcoin) especially and that alone would influence lots of people to start using Bitcoin and I believe there's a possibility of it causing Bitcoin to get to the 100k mark more quicker. Well, change they say is constant, Kamala might not be a Bitcoin enthusiast yet but there's a room for change, i could remember Trump himself was a Bitcoin hater until he began to understand the benefits of Bitcoin and Cryptocurrency at large therefore I won't be suprised if Kamala wins and start supporting Bitcoin after a while.

Don't you think it's all a buzz before the polls close in and the month or some pass afterward?
Sure, facts play into Trump's hand here, however - they are all politicians, after all.

For some - first are the ideals behind something, and then the profit. You invest because you believe in something due to the tech used, the big institutions going in, the hype around it, the founders, or many other reasons. And you wouldn't do it just because somebody would say - the big sum awaits there 
Of course, many kind and unkind words can be said about it, and that all, in the end, search for the profit intact, especially currently in the crypto space, however - we don't need to forget what BTC stands for. And the elections won't change that.

The election is not only generating interest among bitcoin investors but the whole world is also looking forward to the US election results as our economy in the next 4 years will depend on the new president's policies.

There's no denying that bitcoin has done quite well under Biden, but we also shouldn't deny that Harris' ambiguous stance on bitcoin is truly worrying. Bitcoin ETFs have been approved so banning bitcoin is out of the question, but if she doesn't care and doesn't want to be friendly with it then it will also cause challenges in bitcoin's development. Meanwhile, if there was a pro-bitcoin president, it would be much better for bitcoin as well as the crypto industry. We cannot deny this and it is understandable why people mostly support Trump because they want the best for bitcoin.

why do you say like this sir, are you not thirsty for money now? that's impossible sir, the proof is that you are still in the crypto environment, you must be an investor or trader and you say that many citizens and individuals are naive to be deceived by money, then what about you sir? are you a holy person?

Upcoming US election is generating significant interest among crypto enthusiasts particularly due to Donald Trump pro crypto stance and Kamala Harris' relatively unclear position. Simply put Trump views on crypto are well known while Harris views are still unclear. However it is essential to note that Bitcoin has performed remarkably well under Biden administration with rising prices and approved ETFs for Ethereum. US is already leading player in crypto space dominating mining and hosting numerous exchanges with approximately 50 million Americans holding crypto. This strong presence suggests that US crypto market can withstand changes in administration. While Harris victory might not significantly impact Bitcoin altcoins are more vulnerable to SEC policies.

They are the past and the present. The future is elsewhere. The US share of the world GDP is shrinking, but that's not because they're not doing well but because other populous countries also reach economic maturity.

In addition, the signals from both parties are a bit contradictory. Trump is perhaps better for Bitcoin in the short term. But he's also a protectionist (just in the last days he announced a battery of tariff increases to all his major trade partners), this means that his tenure will probably have a negative impact on US exterior commerce and thus on global commerce too. Other countries could follow the path into protectionism and that could hurt the world economy. Even if the US profits from this in the first year, it is likely that in the mid to long term the impact will be negative there too.

Harris is neutral for Bitcoin in my opinion (a dump may occur caused by Trumpists), but probably more positive for world commerce and thus for the world economy as a whole.

What list is that? Bitcoin is only important to bitcoin users and holders. It's nowhere near in the list, it's just included in the list of innovations, that US will most likely want to support.

Also take a look at the past. For bitcoin it doesn't matter who is the president or which party wins, elections just happens be right time and they look like a trigger. They might be some kind of "self fulfilling prophecy" -kind of trigger, but it's not about who wins.



This time pre-election chart movement just looks different, but we can see the results soon.

I'm one of those who believe that. Frankly, the US has been reduced to a barking bulldog without action in recent times and that's no thanks to the Biden administration. I don't see the US as that strong a force to reckon with as I used to see her a few years ago. With DT, I perceive all this will change and the US will be able to manifest her strength once again.

Concerning Bitcoin issue in this forthcoming election, it may not be a pressing issue for the US but it's for Bitcoin fans like us 😏. We want to see DT win and hopefully Bitcoin gets the anticipated demand to go crazy in price.

America today has enough problems that need to be urgently solved, and the decision on the place of Bitcoin is not on the first list. But there is hope that the fate of America will be brighter if at its helm there are no representatives like Biden and the very cheerful (for any reason) eternally laughing Kamala.

The United States is a superpower and their currency is the global reserve currency, they account for over 26% of the world's GDP, they account for almost 50% of the world's financial markets. All their monetary and economic policies will directly impact the world economy,  That is why the whole world is paying attention to the upcoming election because each president will have a different impact on the world economy. It can be said that no field or industry can escape their influence, including bitcoin .

Have you ever wondered, why the whole market never cared about Hong Kong bitcoin ETF or any other ETF but we always care about the flow of bitcoin ETFs in the US ?  Did you know that the demand for bitcoin is growing , billions of dollars are being poured into the market through US bitcoin ETFs ?
You are the one who has to wake up and accept the fact that bitcoin and the crypto industry is heavily dependent on the United States and each president will have a different impact.

In the 43rd week of the year, bitcoin ETFs in the US bought 30kBTC ,  and 10 times the amount of bitcoin mined .


Source: @HODL15Capital