Pages:
Author

Topic: This just happened after Bakkt CEO becomes US senator! - page 2. (Read 409 times)

full member
Activity: 1624
Merit: 163
Now this is a good news. We now know that one government official is now a pro-Bitcoin and I think it will give a positive impact on the overall view of the masses to Bitcoin. To be honest, I don't care if Bakkt is overhyped right now or not but as time goes by, more people will heard Bitcoin and I think the CEO of Bakkt will be the influencer we will need.
hero member
Activity: 2870
Merit: 594
Title is misleading, I do hope that the OP has somewhat verified everything before posting this link. This has nothing to do with her, appointed as US senator. Because they have this plans along the way whether she becomes a Senator or not,

Bakkt bitcoin options on futures to launch December 9: an industry first.



Just look at the date she posted it, Oct, 24, so regardless, they're going to push thru with the offering this December.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
I don't see it as positive news because BAKKT is overhyped and is in fact not doing anything for the price. The CEO is also reluctant to say anything about Bitcoin in her interviews. When asked about her views as a politicians she said that she's anti-abortion, trump supporter and all that but nothing about cryptocurrencies. This should ring a bell. She's in crypto for the money and bakkt is supposed to make her more fiat money.
newbie
Activity: 2
Merit: 0
I can see in the 2020s that there will be bitcoin maximalists that infiltrate government ranks to turn it inside out.
hero member
Activity: 1232
Merit: 669
Recently a user on Twitter published that Bakkt physical delivery contracts can only be withdrawn through official brokers who do not give you Bitcoin, only fiat, so in theory are already cash settlements contracts.

What do you know about it, is it true or is it just a speculation?
newbie
Activity: 2
Merit: 0
It really depends on what committee positions she holds, and that's what should be paid attention to. If she sits on any financial committees, that would really be noteworthy. Unless some policies will roll out, its not that helpful. Someone from Georgia should call their office as a constituent to find out.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
This is just a small step towards big awareness to the US citizens about the positive use case of Bitcoin and other cryptocurrencies.
I believe that this is the biggest effect of the appointment. It's not like one senator can make a huge difference in terms of policies, and it's not like she is Satoshi Nakamoto, she represents a very peculiar Bitcoin-related company. However, with her being around, more people will hear about Bitcoin, learn how it can be used and at least that it's not a total scam, as many still believe. This is already a big accomplishment, and she might also be a strong voice against harsh regulations because her business would suffer from them as well. All in all, I congratulate the US with a powerful female pro-crypto senator.
legendary
Activity: 3178
Merit: 1054
But how sure are we that these people have good plans for cryptocurrency? Okay, I know that this CEO of Bakkt, Loefler, shows herself as a crypto enthusiast, but I have done my research on her and I don't really know if these people are being honest or they just have some evil plans.

First of all, I've discovered that she's one of those that attended FIFA women cup as Trump's Presidential Delegation. We all know that Trump is a big hater for anything cryptocurrencies, and even that same month he tweeted how much he disapproves of the use of crypto. Now if the CEO of Bakkt is working closely with such a person, how sure are we that they have good plans for cryptocurrency?

I have also seen commentators that claimed CME Group and Bakkt means an attack on cryptocurrency. And Chico Crypto said on Twitter that these organizations are fighting crypto and keeping the dollar on top.

true. the fact that this bakkt doesn't help the price, its CEO now positioned to hand the information to the government. i don't even think anyone here registered there in bakkt.

ted casiño also is an asshole who wants Duterte administration to fall, this guy had been supporting insurgency his whole life.  he doesn't deserve shit in government. i doubt he has any slight idea about blockchain. the last shit comes out his mouth was supporting the vandalism in the city for being art.
legendary
Activity: 3318
Merit: 1128
But how sure are we that these people have good plans for cryptocurrency? Okay, I know that this CEO of Bakkt, Loefler, shows herself as a crypto enthusiast, but I have done my research on her and I don't really know if these people are being honest or they just have some evil plans.

First of all, I've discovered that she's one of those that attended FIFA women cup as Trump's Presidential Delegation. We all know that Trump is a big hater for anything cryptocurrencies, and even that same month he tweeted how much he disapproves of the use of crypto. Now if the CEO of Bakkt is working closely with such a person, how sure are we that they have good plans for cryptocurrency?

I have also seen commentators that claimed CME Group and Bakkt means an attack on cryptocurrency. And Chico Crypto said on Twitter that these organizations are fighting crypto and keeping the dollar on top.
sr. member
Activity: 1008
Merit: 355
This is just a small step towards big awareness to the US citizens about the positive use case of Bitcoin and other cryptocurrencies. This one reminds me of a Philippine senatorial candidate Ted Casino who pushes blockchain technology for elections, which he did not win a seat. I just believe one day he will in the next election period.

The more that we have crypto-friendly people sitting in many positions (both elected and appointed) the more that the causes championed by the Bitcoin and cryptocurrency community can be heard and be influential. In fact. I am dreaming that one day this community can be a big voice that can be a force in an election. However, we should also be careful that cryptocurrency will not be mixed with political colors and persuasions but that of the interest of the people alone. In addition, the reason why Ted Casino may have a hard time in any national election is because he is very much identified with the left, the group which is falling out of flavor with the people with the rise of Mr. Duterte.
hero member
Activity: 2282
Merit: 659
Looking for gigs
Bakkt is rolling out two new trading options on December 9th: Bitcoin (USD) Options and Bitcoin (USD) Cash Settled Monthly Futures. Just yesterday, Bakkt’s CEO was appointed as a U.S. senator in Georgia.

Bakkt has been making headlines in the news again as its CEO is appointed to a Georgia Senate seat despite the ire of President Trump. The exchange itself has been ramping up its trading services, however, as the trading platform breaks new ground in the greater political and financial press.


Read more here

First of all, I would like to say congratulations to Bakkt CEO for successfully becoming a US senator in Georgia!

Truly, this was indeed a possible game-changer as she would become an advocate for Bitcoin and other cryptocurrencies to be adopted in the country. Despite that Donald Trump not being a fan of Bitcoin, but who knows?

This is just a small step towards big awareness to the US citizens about the positive use case of Bitcoin and other cryptocurrencies.

This one reminds me of a Philippine senatorial candidate Ted Casino who pushes blockchain technology for elections, which he did not won a seat. I just believe one day he will in the next election period.

Anyways, good job Bakkt!
Pages:
Jump to: