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Topic: What is the fate of Crypto currencies if Trumps losses in the US election (Read 133 times)

legendary
Activity: 3906
Merit: 1373
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Any of this can be moved into Private Membership Associations (PMA)... outside of government regulation.

Cool

Elaborate. I know you have mentioned before people in the United States alledgely get screwed over because of the fact they do not about law and the application of the constitution in order to protect their assets and their rights from being seized by the government, though I don't quite understand what that has to do with the further adoption of the Digital USD and the fact the government can attack sources of liquidity, like exchanges and providers or Perr to Peer services.
You know, it is called law enforcement because it is "enforced".
What are the miners supposed to do in case Biden indeed won and he get all in steeping up those Bitcoin taxes on them?
Are you implying those miners can simply quote some article of the constitution and the the IRS could do nothing about collecting those taxes (from money being generated by mining). would they even need to hire a lawyer, go to trial, is there any precedent ?
Explain it .

Government can attack anything that they want to. It's the result that counts. Anybody can make a crypto currency, and require private membership to use it. Government will lose in court if they attack the private membership association. Why? Because government, itself, says they will. This explains why - https://www.youtube.com/watch?v=qTq13vOxpZk&list=PLDcy9YrHy_RI9Exjdv2Ly8p6O4cd2_996.

If the PMA gets harassed by Biden or any other government oaficial, it behoves them to press harassment charges against that oaficial... for cash money awards.

If crypto miners do things privately, government doesn't have authority. Watch the above video. There are over 70 Supreme Court cases scattered across time back to the time of the beginning of the USA that back this all up. It's the reason why some States require no smoking or drinking at a bar, but when the bar becomes a PMA, the State loses its authority.

People are finding this out. In the past, government treated people fairly enough that they didn't need this info. But they need it now.

Cool

EDIT: Privacy law is the reason why EVERYTHING Stormy Daniels should be kicked out of court, and the court should be declared a mistrial. Whatever - if anything - went on between Trump and Daniels, is private. Nothing should be introduced into court where privacy is concerned. Let the court find its info out in other ways than a Trump Daniels relationship.

Trump might not understand this, but his attorneys should have. Now we will wait and see if SCOTUS will retain and uphold privacy laws like has been done for over 200 years.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
So right about that, what if Donald Trumps do not win at last, what do you think would be the fate of Crypto currencies regarding who emerged winner may grieve over Crypto enthusiastics?
IMHO, not that much will happen if ever Donald Trump won't win the POTUS election. If Biden is still going to be their president, the same policies might be applied to the current state of crypto into their country. But with Trump, there's no assurance as well that he'd focus on it. There are so much things happening in the world that he has to focus if he ever wins the seat. Policies over another policy from the past administration might give some boost to the crypto adoption.

But that's on my perspective as there's no really focus at all with such. There can be some SEC related matters and we might see the booming industry through their policies and acceptance of ETFs that are related in crypto for which we have seen already of what they've done. I think that it's on them, and as a president, he can easily give some instructions regarding this so it's not a tough work for him when he wants to get that much adoption and lite policies about cryptocurrencies.

But political influence certainly has an impact on the economy and on bitcoin.
While this is true, the influence of the capital market is much more although they're also heavily influenced by politics. It's hard to balance but in the end, Bitcoin's market regardless of their policies and whoever is on the seat will remain standing although this is no longer the same with the situation in the past that they can just simply ignore its growth.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
(...)So right about that, what if Donald Trumps do not win at last, what do you think would be the fate of Crypto currencies regarding who emerged winner may grieve over Crypto enthusiastics?

But political influence certainly has an impact on the economy and on bitcoin. Trump's recent showing of support for bitcoin has also given the cryptocurrency space more confidence, but in the end, I still believe that the electricity market will still develop no matter who holds the presidency. This field does not depend on an individual, organization,... just opposition/acceptance to bring the popularity of bitcoin (crypto) closer to the public.

Anyway, I will be optimistic and believe that Trump will win the presidency in the next term, and as a strong trigger for bull scenarios with crypto.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform

Any of this can be moved into Private Membership Associations (PMA)... outside of government regulation.

Cool

Elaborate. I know you have mentioned before people in the United States alledgely get screwed over because of the fact they do not about law and the application of the constitution in order to protect their assets and their rights from being seized by the government, though I don't quite understand what that has to do with the further adoption of the Digital USD and the fact the government can attack sources of liquidity, like exchanges and providers or Perr to Peer services.
You know, it is called law enforcement because it is "enforced".
What are the miners supposed to do in case Biden indeed won and he get all in steeping up those Bitcoin taxes on them?
Are you implying those miners can simply quote some article of the constitution and the the IRS could do nothing about collecting those taxes (from money being generated by mining). would they even need to hire a lawyer, go to trial, is there any precedent ?
Explain it .
legendary
Activity: 3906
Merit: 1373
....

🍑

So right about that, what if Donald Trumps do not win at last, what do you think would be the fate of Crypto currencies regarding who emerged winner may grieve over Crypto enthusiastics?

It is a nobrainer actually, the plan is simple. If Biden is elected to be the president of the United States again, he will discourage the adoption of cryptocurrency and the mining of Bitcoin within the United States, by increasing substantially taxes to Bitcoin miners. Basically, and for some reason the Biden administration does not want the country to concentrate hashrate (which is in my opinion foolish).
In the future there will be a Digital dollar issued by centralized entities in the USA, both Biden and Trump won't stop that, at best, Trump would allow Bitcoin to co-exist easier with the centralized digital dollar, while Biden will try to exclude Bitcoin from the economy as much as possible, attacking liquidity and the P2P markets.

In the end, when comes to centralization, the core of both the Republican and Democrat parties are the same.

Any of this can be moved into Private Membership Associations (PMA)... outside of government regulation.

Cool
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
....

🍑

So right about that, what if Donald Trumps do not win at last, what do you think would be the fate of Crypto currencies regarding who emerged winner may grieve over Crypto enthusiastics?

It is a nobrainer actually, the plan is simple. If Biden is elected to be the president of the United States again, he will discourage the adoption of cryptocurrency and the mining of Bitcoin within the United States, by increasing substantially taxes to Bitcoin miners. Basically, and for some reason the Biden administration does not want the country to concentrate hashrate (which is in my opinion foolish).
In the future there will be a Digital dollar issued by centralized entities in the USA, both Biden and Trump won't stop that, at best, Trump would allow Bitcoin to co-exist easier with the centralized digital dollar, while Biden will try to exclude Bitcoin from the economy as much as possible, attacking liquidity and the P2P markets.

In the end, when comes to centralization, the core of both the Republican and Democrat parties are the same.
legendary
Activity: 3906
Merit: 1373
If Trump wins, he will stabilize fiat, and crypto will drop.

If Trump loses, people will want to get out of fiat more and more. Crypto will thrive.

If Trump wins, he might get rid of the Federal Reserve Bank... or at least make it optional with US Treasury money being the other option.

If Trump wins, crypto will dump. Trump will only be in office 4 years. It will be a good buying time for the low-priced crypto. Then crypto will rise again... after Trump.

Many other investments will act like crypto if Trump wins.

Cool
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
With my expectations and believe that Donald Trumps would influence in the enhancements of crypto adoptions, valuability and scalabilties if he wins the upcoming US election as a Pro crypto enthusiastic he is.

It is being obvious that Crypto enthusiastics have dedicated to vote Donald Trumps in prioritizing cryptocurrencies and as politics is concerned, if you are against me during my election, then I will be against you if I finally assumes office being voted in by others.

So right about that, what if Donald Trumps do not win at last, what do you think would be the fate of Crypto currencies regarding who emerged winner may grieve over Crypto enthusiastics?
First of all, he is not crypto enthusiastic. It's highly unlikely that he even understand what cryptocurrencies are. He has nothing to do with the company that made the nfts, and he promises anything so that his base would grow and vote for him. Nothing indicates that he would have changed his mind on cryptos and i can't believe how easily people fall for him saying that. You know, the man who makes misleading statements with the rate of 6.1 per day.

If trump loses, crypto markets don't care. Markets didn't even care that he was guilty and can go to prison. In fact stock markets seemed to like that.
legendary
Activity: 2814
Merit: 1192
You have to realize that both Trump and Biden and all the people that stand behind them know that there's a lot of bitcoiners. Enough to tip the scales if needed.

Biden doesn't support crypto but he wants these votes as well. Just watch how his attitude changed when Trump voiced support for crypto and decided to accept bitcoin donations.
Bitcoin isn't going anywhere, no matter who wins this it's going to keep growing. It will grow more under Trump, but it's not going extinct under Biden.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
Bitcoin is now a mainstream financial asset, Ethereum is becoming the same, other cryptocurrencies will continue to gain more & more users as time goes on. It doesn’t really matter who wins the election, the doors are open now & nothing is stopping crypto growing year on year.
legendary
Activity: 3906
Merit: 1373
^^^ Things happen in crypto. Not because of Biden.

If Biden wins, or Trump loses, people will be driven to something other than fiat more than ever. Why? Because fiat is failing them. Trump would bring back stability to fiat for a while.

Otherwise it's Gold, Silver, other metals, land, crypto.

Here's what is happening because of abortions. Revelation 6:9-11:
9When he opened the fifth seal, I saw under the altar the souls of those who had been slain because of the word of God and the testimony they had maintained. 10They called out in a loud voice, “How long, Sovereign Lord, holy and true, until you judge the inhabitants of the earth and avenge our blood?” 11Then each of them was given a white robe, and they were told to wait a little longer, until the full number of their fellow servants, their brothers and sisters, were killed just as they had been.

Cool
member
Activity: 182
Merit: 47
Bitcoin went up 500% under President Biden.

So I dunno, maybe if Trump loses, Bitcoin will... go up in price by another 500%?

On the other hand, if Trump wins, Bitcoin will probably drop like a rock because he brings radical change and economic uncertainty to the USA:

1. Trump wants to immediately deport 5% of the US workforce, bringing economic chaos.

2. Trump and his party wants to stop all abortions that occur in the USA, and stop Americans from leaving the country to have one, which will require a massive new police force like the one the US created to enforce the prohibition--and those police forces tend to crack down on things like Bitcoin since it can be used to pay for illegal abortions or illegal travel.

3. Trump is a convicted criminal and his supporters don't care: thus, he will do every illegal thing imaginable in order to make himself money, and for Bitcoin that would mean making Bitcoin illegal so he could replace it with a crypto he himself owns.

Biden winning the election in November will be, by far, the best thing for Bitcoin and the broader digital currency market. If Trump wins, it could kill the entire market.




legendary
Activity: 3094
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Quote from: EluguHcman
With my expectations and believe that Donald Trumps would influence in the enhancements of crypto adoptions, valuability and scalabilties if he wins the upcoming US election as a Pro crypto enthusiastic he is.

It is being obvious that Crypto enthusiastics have dedicated to vote Donald Trumps in prioritizing cryptocurrencies and as politics is concerned, if you are against me during my election, then I will be against you if I finally assumes office being voted in by others.
I know that Donald Trump will not lose in this election that is coming, because many people have experienced hell from this Joe Biden administration, the price of commodities and other things are very high, and crypto users don't have free access to use their crypto in the country.

Based on what is in the mind of people concerning the up coming US election, Donald Trump will going to win this election because crypto users will going to vote for Donald Trump to win so that he can adopt crypto for the benefit of the US crypto users in the country.

One thing you need to understand why crypto users will stand for the favor of Donald Trump in this election is because if they support Joe Biden to win this election, he will not adopt crypto for the country because he always stand against  crypto and users in the country.

Though many polls and studies do show Trump might be ahead on this race, nothing can be said for an election. The trend can easily change in short period of time.
And there are chances that Trump is stopped from participating in the presidential race. We have seen desperate attempts and there's no low in politics. Further, there are election frauds and hacks. No election is fraud proof but US have kept a few more easy ways to rig the elections.
Even though Biden is elected as a president, I don't think that would directly be a threat to crypto, following Trump, Biden too has claimed he is going to be crypto friendly trying to get votes from the crypto enthusiasts. I think the political divide on US if not addressed would be a larger problem to crypto than which of the president is chosen.
full member
Activity: 1358
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Quote from: EluguHcman
With my expectations and believe that Donald Trumps would influence in the enhancements of crypto adoptions, valuability and scalabilties if he wins the upcoming US election as a Pro crypto enthusiastic he is.

It is being obvious that Crypto enthusiastics have dedicated to vote Donald Trumps in prioritizing cryptocurrencies and as politics is concerned, if you are against me during my election, then I will be against you if I finally assumes office being voted in by others.
I know that Donald Trump will not lose in this election that is coming, because many people have experienced hell from this Joe Biden administration, the price of commodities and other things are very high, and crypto users don't have free access to use their crypto in the country.

Based on what is in the mind of people concerning the up coming US election, Donald Trump will going to win this election because crypto users will going to vote for Donald Trump to win so that he can adopt crypto for the benefit of the US crypto users in the country.

One thing you need to understand why crypto users will stand for the favor of Donald Trump in this election is because if they support Joe Biden to win this election, he will not adopt crypto for the country because he always stand against  crypto and users in the country.
sr. member
Activity: 266
Merit: 205
With my expectations and believe that Donald Trumps would influence in the enhancements of crypto adoptions, valuability and scalabilties if he wins the upcoming US election as a Pro crypto enthusiastic he is.

It is being obvious that Crypto enthusiastics have dedicated to vote Donald Trumps in prioritizing cryptocurrencies and as politics is concerned, if you are against me during my election, then I will be against you if I finally assumes office being voted in by others.

So right about that, what if Donald Trumps do not win at last, what do you think would be the fate of Crypto currencies regarding who emerged winner may grieve over Crypto enthusiastics?
First of all you have to know that cryptocurrency generally is not created by Donald trump, neither is he the brain behind the invention of Bitcoin and other's, the worst he can do to cryptocurrency is fighting it, and limiting it usage in America, that's the worst he can do, so it doesn't matter if he wins or not, Bitcoin win continue to grow and appreciate in value regardless of what it haters do or wish, Bitcoin has faced the worst from most states and government, and upon all that it's still standing strong,  so I don't really think their will be any much difference comparing to what's happening now.

Lastly, most of this politicians don't know that the more they fight it the more it gains popularity among locals, so I believe that regardless of wether Donald trump wins or not, Bitcoin will always be Bitcoin, and it will definitely behave like Bitcoin, by rallying back if their is any setback.
full member
Activity: 162
Merit: 104
What you must know is that Donald Trump is a politician and using the word cryptocurrency is like a political propaganda where he would influenced the populace about his ambition towards cryptocurrency and for sure, he knows the current trending and where the word is driving to and to him he knows whenever he talks about cryptocurrency he will always have the max majority since we have been longing for legalization where you and I can use it as a legal tender, of course people are fighting for the freedom of bitcoin to remove ban and restrictions from various entities and countries and whatever words he gives in regards to bitcoin will surely affect the price. Although we know that bitcoin is not controlled by any government or any authority but news will surely effects the market.
sr. member
Activity: 504
Merit: 254
With my expectations and believe that Donald Trumps would influence in the enhancements of crypto adoptions, valuability and scalabilties if he wins the upcoming US election as a Pro crypto enthusiastic he is.

It is being obvious that Crypto enthusiastics have dedicated to vote Donald Trumps in prioritizing cryptocurrencies and as politics is concerned, if you are against me during my election, then I will be against you if I finally assumes office being voted in by others.

So right about that, what if Donald Trumps do not win at last, what do you think would be the fate of Crypto currencies regarding who emerged winner may grieve over Crypto enthusiastics?
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