Topic: Next US president pro-bitcoin? - page 2. (Read 538 times)
Americans are a proud nation, and the US dollar is a part of this national pride. So unless dollar hyperinflates over the next 4 years (which is unlikely, but not impossible after all that printing), running for presidency with a plan of getting rid of dollar would kill one's prospects of becoming the President. If it's about allowing people to use Bitcoin along with dollar, that might be a different story, but I'm not sure if people will care enough about this. Moreover, let's not forget that US is a democracy with strong institutions in place that create checks and balances. So even if the President wants to replace dollar with Bitcoin, chances are, it won't lead to anything because different people have a say in this.
It depends on the support the candidate enjoys from the public, if a verse majority of his supporters are also pro-Bitcoin then there is a possibility Bob will win because most of US citizens are already pro-Bitcoin all they needed is more orientation and legal backing.
He will look at the public situation, if there is no special issue about bitcoin then he will be silent, the candidate must focus on the goals to be achieved, as long as it is not a public issue then the campaign to attract public sympathy is more profitable, of course we hope whoever the US president not too regulated about crypto.
if that country has lots of bitcoin users then bob has a good chance to get elected but we arent still sure tho if bob is telling the truth and he will commit his promises because this is the problem of many officials that they are only good at making false promises .
anyway is the present president of the u.s are into bitcoin ? i remember he said something positive about btc before so u.s must be a good place right now for btc users .
anyway is the present president of the u.s are into bitcoin ? i remember he said something positive about btc before so u.s must be a good place right now for btc users .
What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."
Would Bob get elected? Or would majority of people not like Bob?
Would Bob get elected? Or would majority of people not like Bob?
The next US president is going to be:
A.Kamala Harris
B.Some republican candidate,maybe Donald Trump or maybe someone else.
I don't think that Kamala Harris is pro-Bitcoin and Donald Trump is definitely anti-Bitcoin.
The republicans aren't pro-Bitcoin as well.
Anyway,it doesn't matter that much,if the future US president is pro-Bitcoin or not.Trump was anti-Bitcoin,but Bitcoin was having a good time,under the Trump administration.
It depends on the support the candidate enjoys from the public, if a verse majority of his supporters are also pro-Bitcoin then there is a possibility Bob will win because most of US citizens are already pro-Bitcoin all they needed is more orientation and legal backing.
What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."
Would Bob get elected? Or would majority of people not like Bob?
The victory of the Presidential Election is not only influenced by one factor. Many factors influence . But if you see if he said that only focused on one factor , looking for supporters only from among bitcoin holders in my opinion it would kill his own career . Because I'm sure the US community does not all hold bitcoin. So it's better that he doesn't say that and it's better to seek sympathy in other ways. Would Bob get elected? Or would majority of people not like Bob?
Remember,,, the last president candidate who wanted to go full Bitcoin eventually had to go on the run, and was captured abroad, and died in prison. So I do not think it is healthy or even good for any guy who wants to be president who also wants to be pro bitcoin.
This is only half a joke of course
This is only half a joke of course
Bob probably won't get elected. No wise presidential candidate would make it as his/her platform of government to remove the US dollar. That's definitely a suicide. If the globally powerful USD is weakening, present your plans to make it powerful again. But never say it is a pointless case to salvage it and that the US government would be better off replacing it with something like Bitcoin. You will not only sound ridiculous; you will sound nuisance.
People will definitely feel that the incoming election is no good at all. There's no way USD will be replace by a decentralized coin which most citizens will think the root of all scams. So Bob won't definitely succeed in his platform even if bitcoin has a very expensive value. People's first impression on bitcoin will eventually last for long.Even if presidential election will not happen but as long any candidate is obviously pro-bitcoin, the citizens will hesitate to vote him or not.
What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."
Would Bob get elected?
Would Bob get elected?
The moment Bob comes with the idea that adopting bitcoin as legal tender will kill inflation he will become the laughing stock of everyone and get 0.1% of all the votes. Just because you have a finite and limited number of coins doesn't mean that prices in goods will stay the same and it also doesn't guarantee you anything, not that you will always manage to bring together demand and offer. Bitcoin, fiat, or gold, no matter what you would have used you would have seen the same spikes in wood and coal prices and you would have seen the same contact growth in oil prices and energy as demand is gradually overcoming supply.
Poeple forget that the economies right now are no longer the same as in the middle ages when still inflation was present, the pace at which goods were manufactured shipped, and sold was totally different, reliance on imports was way smaller if not completely absent, people couldn't simply send tons of cargo to Asia next day if they were phoned they could get 2$ more on a kilo of cabbage there.
Bob probably won't get elected. No wise presidential candidate would make it as his/her platform of government to remove the US dollar. That's definitely a suicide. If the globally powerful USD is weakening, present your plans to make it powerful again. But never say it is a pointless case to salvage it and that the US government would be better off replacing it with something like Bitcoin. You will not only sound ridiculous; you will sound nuisance.
When this move was proposed, it seemed that the impact on Bitcoin was not positive. Instead, the price of Bitcoin is now falling. Regardless of the current situation, it is necessary to vote to make an election decision. It is publicly proposed that Bitcoin depreciate the U.S. dollar. The result is There is no doubt that.
In recent years, the U.S. dollar has remained the top choice for the United States. Even inflation will not change the U.S. support for the dollar.
Bitcoin can only ease inflation in the United States, will allow the use of Bitcoin, and will always support Bitcoin. But it will not set Bitcoin as legal tender. They still like dollars in their hearts.
Bitcoin can only ease inflation in the United States, will allow the use of Bitcoin, and will always support Bitcoin. But it will not set Bitcoin as legal tender. They still like dollars in their hearts.
Bitcoin is getting into the bills and getting better and better. I like the idea that the next President of the United States will support Bitcoin, just as Trump praised Bitcoin in March 2017 and early 2021 he vehemently disparaged Bitcoin.
A wise president will please his voters with policies rather than favor Bitcoin, as it is also just a payment intermediary. Not all Americans own Bitcoin and cryptocurrencies. Therefore, it can be said that it is impossible to please the majority of voters by the above method.
A wise president will please his voters with policies rather than favor Bitcoin, as it is also just a payment intermediary. Not all Americans own Bitcoin and cryptocurrencies. Therefore, it can be said that it is impossible to please the majority of voters by the above method.
The United States has always been in support of Bitcoin, but I don't think they will agree to let another currency replace their own currency. No one wants to harm their own interests. It is very unreasonable to let Bitcoin replace the U.S. dollar as legal tender. This is not a popular move, and most people should not vote for him.
Surely the majority of people will love Bob and he will be elected by the majority of the people, but on the other hand, governments and politicians who have influence and power will hate Bob and will chase and kill him if they can, Bob here is Satoshi himself!! Satoshi has become the darling of the vast majority of people but the governments and banks hate him the most, and if he had not concealed his identity, they would have killed him long ago.
Authority and power are in the hands of governments, and they do not care about what the people want, and they will work with all their might to maintain their power and control over everything.
Authority and power are in the hands of governments, and they do not care about what the people want, and they will work with all their might to maintain their power and control over everything.
What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."
Would Bob get elected? Or would majority of people not like Bob?
Would Bob get elected? Or would majority of people not like Bob?
LOL.. such policies will make Bob a Libertarian. And Libertarian candidates usually receive around 2%-3% of the votes in the POTUS elections (back in 2020, Jo Jorgensen received 1.18%). So that gives you an idea how practical it is to make claims such as this one. Democrat and Republican parties are solidly behind the national currency (i.e the US Dollar). Trump is believed to be somewhat pro-Bitcoin, but even he won't approve what you have posted. So my prediction is that Bob would receive some 2% of the vote and zero electoral college votes.
But you are right about the votes percentage. A bitcoin proposal isn't enough to push a candidate up in an election. What really matters in a political campaign is money. If the candidate has money plus influence to buy support from another politicians and from the people he wins, that is how it works. Proposals play a little role in political disputes. They are just smoke screen.
The next US president is pro bitcoin, even though the president issued a statement so I don't think it will have any effect on bitcoin, besides that people who play politics always promise sweet things, because they have their own goals, but once they are elected they certainly won't never be able to keep his promise, it's normal for every word issued by politicians, never be taken seriously..
What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."
Would Bob get elected? Or would majority of people not like Bob?
Would Bob get elected? Or would majority of people not like Bob?
LOL.. such policies will make Bob a Libertarian. And Libertarian candidates usually receive around 2%-3% of the votes in the POTUS elections (back in 2020, Jo Jorgensen received 1.18%). So that gives you an idea how practical it is to make claims such as this one. Democrat and Republican parties are solidly behind the national currency (i.e the US Dollar). Trump is believed to be somewhat pro-Bitcoin, but even he won't approve what you have posted. So my prediction is that Bob would receive some 2% of the vote and zero electoral college votes.
Even if the next us president supports bitcoin it will have no effect on bitcoin presidents usually start using Bitcoin for their own benefit. Everyone promises to do everything before winning the election but is not able to do anything after winning maybe they will try to support bitcoin because they are improving to do something new. Bitcoin doesn't usually depend on anyone its price will continue to rise on the basis of demand.
One thing I have learned from politicians is this.... "They will say any bullshit to get into power" and prior to the election, they will make huge promises and when they get into power... they forget about all those promises and they just do the opposite.
During the "Trump" elections.. a lot of people that were pro-Bitcoin got into key positions and we all thought that it will stay that way. Those people quickly turned to conform to the ruling party agendas and some of them even turned against Crypto currencies. So do not get your hopes up!
During the "Trump" elections.. a lot of people that were pro-Bitcoin got into key positions and we all thought that it will stay that way. Those people quickly turned to conform to the ruling party agendas and some of them even turned against Crypto currencies. So do not get your hopes up!
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