Which other presidents could make Bitcoin bullish?

alastantiger

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Quote from: Sanitough on January 24, 2025, 05:09:11 PM

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community. Someone who could spark bullish speculation like what we’re experiencing now. It’ll likely be a leader with a strong stance on blockchain innovation, maybe someone who openly supports decentralized systems or sees crypto as a tool for economic growth. Any guesses?

I don't agree with this because I think that, who's going to make more waves as President Donald Trump has made is a president that was once not friendly to Bitcoin and not the one that's friendly to Bitcoin. President Donald Trump was a critic of Bitcoin and didn't supported it hence when he changed and started supporting it. He drew alot of attention to his campaign and to Bitcoin which was making the price of Bitcoin to pump because alot of people believed he was going to win the election and were buying.

I think the UK should be the next time accept country to produce a federal government that likes Bitcoin and it'll make the same type of wave or more wave as this one did. I want it to be the UK too because it'll help spread to more countries that are associated with the UK through business or rulership and this will help the price of Bitcoin very well.

Mpamaegbu

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Quote from: Ambatman on January 24, 2025, 05:15:38 PM

The one people least expected
The President of China Xi Jinping

To be sincere with you, I don't give an "F" what China thinks of Bitcoin. That country lost my respect in this industry long time ago when she banned Bitcoin in 2017 or so and many miners and exchanges had to forcefully leave China. That action caused a lot of panic.

Honestly, I would be more interested and bullish on Bitcoin (if I hadn't been till now) if characters like Elon Musk or Warren Buffet makes any bullish statement on Bitcoin than I would if China did.

Synchronice

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Quote from: Sanitough on January 24, 2025, 05:09:11 PM

As we’ve all noticed, it’s Trump causing a lot of hype in the market lately. People are speculating that he might introduce crypto-friendly policies, and of course, he probably has his own intentions, like promoting his coin.

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community. Someone who could spark bullish speculation like what we’re experiencing now. It’ll likely be a leader with a strong stance on blockchain innovation, maybe someone who openly supports decentralized systems or sees crypto as a tool for economic growth. Any guesses?

I think that Presidents don't matter. Yes, some of them have some kind of influence over people who follow influencers but I don't think that they are at celebrity levels, no, people mostly admire athletes and bodybuilders.
I think that what matters in this case is the economy of the country. Donald Trump doesn't affect Bitcoin's price, it's the economy of the USA that affects it. So, I'd say that the presidents (or any other top officials) of the USA, China, Germany, France, UK, Russia and probably a few more could make Bitcoin bullish. I also think that western countries have more influence on the price.

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Quote from: Oshosondy on January 24, 2025, 05:21:48 PM

Quote from: Ambatman on January 24, 2025, 05:15:38 PM

The one people least expected
The President of China Xi Jinping

The president of China is what that will come to people's mind and not the one that is least expected. But I do not think that is going to happen. As China did not support bitcoin and cryptocurrencies generally, bitcoin still continue to increase. Which means bitcoin do not depending on China to grow.

China government gets something wrong. That bitcoin may let their currency, yuan to lose value but that is not true.

My opinion on this and why the president of china Xi Jinping will not want to follow on the same pattern with the president of the United States is because of their soar relations as a nation. The other will not want to trail on the same path one has already trailed and that is a something of prestige to them.

Since the government of china already said his stance on bitcoin, I don’t think there will come a time that he’ll want to adopt bitcoin or anytime soon, or maybe not with the present government in china. Bitcoin is paving a lot of waves and the potentials are being felt, soon enough we will get to see which nations’s president will follow on the same path with Trump.

CryptoHeadlineNews

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Quote from: Sanitough on January 24, 2025, 05:09:11 PM

As we’ve all noticed, it’s Trump causing a lot of hype in the market lately. People are speculating that he might introduce crypto-friendly policies, and of course, he probably has his own intentions, like promoting his coin.

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community. Someone who could spark bullish speculation like what we’re experiencing now.

And that president can only be another US crypto president that has great interest for cryptocurrencies just like Donald Trump did and promised the community during his campaign to create a conducive atmosphere for digital currencies. Because apart from United States of America, I don't think any other countries has the huge potential to influence global market finance just like US does. Because just few days ago, we could noticed that Trump signed an executive order aimed to foster innovation and economic growth among Blockchain technology and digital assets, and likewise prohibits the explicit use of the Central Bank Digital Currencies (CBDCs) within the United States, which will literally give more room for the growth of Bitcoin.

retreat

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The name that comes to my mind is Xi Jinping. He is the leader of China and one of the influential people in the Chinese Communist Party. His decision to legalize Bitcoin trading or transactions in China could be one of the things that will boost the price of Bitcoin significantly. If that happens, then there will be millions of new people who will enter the Bitcoin market, and that will make Bitcoin even more valuable in the future. Although it is uncertain when this will happen, I still have hope that China will follow in America's footsteps to legalize Bitcoin in their country.

Ainulyaqin

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Quote from: ? on January 25, 2025, 10:00:43 AM

Trump may bring temporary hype, but long-term impact on crypto requires a leader who understands blockchain and promotes global adoption. Potential candidates include pro-crypto politicians like Robert F. Kennedy Jr. or leaders from blockchain-friendly nations like Nayib Bukele. The focus should be on innovation, not just political figures.

However, in my opinion, this also has a positive impact, because Trump currently has an important role in the world of blockchain, we cannot deny that Trump can currently control the market with his power. Talking about the long term, what kind of long term do you expect in the crypto world? Are you sure that crypto has a bright future? We all don't know, actually the market is only controlled by people who have great power

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Trump may bring temporary hype, but long-term impact on crypto requires a leader who understands blockchain and promotes global adoption. Potential candidates include pro-crypto politicians like Robert F. Kennedy Jr. or leaders from blockchain-friendly nations like Nayib Bukele. The focus should be on innovation, not just political figures.

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Quote from: cabron on January 25, 2025, 08:57:15 AM

So many president already considered as Bitcoin president including President Javier Melee and Bukele. Non of them seem more relevant than Xi Jinping of China since their economy is more relevant in world stage. If we'd how much cont initiated n they can do if they adopt Bitcoin, BTC will likely surge way higher than we could expect.

A few of the president expressed interest in BTC, non of them had sparked a hype but Trump.

I completely agree. Especially, if Bitcoin is adopted in an economically powerful country like China, its impact on the market could be huge. If President Xi Jinping or China takes any steps towards cryptocurrency, the price of Bitcoin could reach levels that are currently unimaginable. If China and some European countries adopt Bitcoin, as is being promoted in the US under the Trump administration, it could revolutionize the entire cryptocurrency market. However, it is also true that no other president has had such a big impact so far, except for President Trump.

cabron

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So many president already considered as Bitcoin president including President Javier Melee and Bukele. Non of them seem more relevant than Xi Jinping of China since their economy is more relevant in world stage. If we'd how much cont initiated n they can do if they adopt Bitcoin, BTC will likely surge way higher than we could expect.

A few of the president expressed interest in BTC, non of them had sparked a hype but Trump.

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Quote from: Sanitough on January 24, 2025, 05:09:11 PM

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community. Someone who could spark bullish speculation like what we’re experiencing now. It’ll likely be a leader with a strong stance on blockchain innovation, maybe someone who openly supports decentralized systems or sees crypto as a tool for economic growth. Any guesses?

Common guys!.. enough of this Trump story everywhere in this forum, we all know the principle sorrounding Bitcoin growth, yeah actually Trump might have some influence on Bitcoin but let us not forget that Bitcoin has been doing fine all this years.

Now you ask which president can creat an impact Donald Trump has done in the crypto space? While he has not even implemented the strategic reserved asset as promised yet. You have also forgotten that the desired Trump of today, was once a promise and fail president in regards to his promises on Bitcoin.

I believe that even many business men or well known and recognized people can do more than what Trump did. Micheal J saylor of microstrategy has created alot of attraction in making Bitcoin a reserved asset before Trump is trying to follow suit, so there are many people or country like El Salvador who are even doing more better in making Bitcoin bullish than Trump. So don't be deceived about Trump. Even if Elon musk decide to invest in Bitcoin today and declare his intentions openly, he will evenale Bitcoin bullish than Trump. I guess we talk of more better thing than this Trump of a hype.

mamesso

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Many predict 2025 will be a great year for Bitcoin, especially after Trump becomes US President again. It is not wrong if Trump is called the "crypto president" because he has managed to attract support from many parties in the Bitcoin community. Bitcoin future would be even brighter if the US government took a more friendly regulatory stance towards crypto assets during Trump presidency.
The positive side is starting to show, Bitcoin prices started to surge after Trump victory, indicating stronger market momentum during his term.

Baki202

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Quote from: Cryptmuster on January 25, 2025, 04:22:48 AM

Before Trump, no one speculated on their election campaigns on Bitcoin as Trump did, and Bitcoin grew on expectations, to some extent Trump took advantage of the large Bitcoin community that would like to see a loyal president, but what will happen next is still hard to say. I did not like that a few days before the inauguration, Trump made a post about his meme, which showed that he puts his personal income as a priority for himself. I also did not hear from him about the Bitcoin reserve, he does not mention it in his speeches, but it is too early to draw conclusions...

This is the first time that Bitcoin has been given priority during an election and Trump was the only one who gave attention to Bitcoin He also used Bitcoin as an election strategy and it is now time for him to pay back to Bitcoin, and he's threatening to make bitcoin a foreign reserve, and if he succeeds in doing that, then it will help bitcoin, and other countries will try to copy us, and only a few countries have an interest in bitcoin, and it is working for them, and if the USA decides to take their adoption and make the country a crypto-free country, then it's going to help them seriously because who would have expected the USA to be behind the massive change in the market because even the Trump coin gave more exposure to the crypto space? And no matter how he tries to make his business a priority and talks about his coin, it won't affect Bitcoin or change the fact that Bitcoin is still the number one.

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Quote from: Oshosondy on January 24, 2025, 05:21:48 PM

bitcoin do not depending on China to grow.

That’s my take every other day. Bitcoin haven’t depended on a single government, presidency or even candidate for the office to be bullish right from its introduction. Bitcoin has always found a way to maintain its circle since 2009 to today. It’s still going to maintain its circle no matter what so, let’s take it easy with all the Trump praises as though, without him Bitcoin would have experienced a consolidating or bearish market, no. Bitcoin still would have pumped at some point, Trump was just a facilitator as we have it.

Sanitough

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Quote from: EFS on January 25, 2025, 05:24:08 AM

If you think Bitcoin's rise is because of Trump, you are very vulnerable to being fooled. People like Musk or Trump have very limited influence on Bitcoin. They are people who only care about their own interests. The manipulation they try to do will only have a limited impact on the rise or fall of Bitcoin. Bitcoin is not tied to any government, and the decisions they make on behalf of their countries only concern their own countries. Bitcoin is a supranational currency.
Don't attribute so much significance to governments and their leaders, you'll only end up disappointed.

In a speculative market like this, there should always be a specific reason behind Bitcoin's rise. Of course, it’s not like Trump himself is buying Bitcoin, but this market thrives on news and speculation. We can’t deny that most headlines have been tying the bullish movement of Bitcoin to Trump, whether directly or indirectly.

If there are other factors driving this movement that I might have missed, I’d love to hear them. It’s always great to learn more and have a clearer understanding of what’s pushing Bitcoin’s momentum. Any insights you can share to educate us would be appreciated!

salad daging

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Xi Jinping - China
Vladimir Putin - Russia

Which will create a big stir again, but will the two presidents mentioned make the same stir as Trump? I don't think it's likely anytime soon except in the next few years.

At the moment both leaders are focusing on BRICS so they will put aside bitcoin and its blockhain technology, so at the moment only Trump can make a big sensation.

Bitcoin Smith

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Quote from: freedomgo on January 25, 2025, 01:43:01 AM

Quote from: asriloni on January 25, 2025, 12:04:24 AM

It must be China's President and India's prime minister.

As for India, I don’t think they’re completely against Bitcoin. While they don’t recognize it as legal currency (just like many other countries), trading and holding Bitcoin is legal there.

China seems to be the only major country that’s openly unfriendly toward Bitcoin. On the other hand Russia is using Bitcoin to bypass sanctions, so they’re more inclined to embrace it.

Even though holding and trading crypto is not illegal in India the current ruling government is showing anti crypto stance for years that is why they implemented 30% capital gains tax which is fine to some extent but there is another 1% TDS, so every time you trade with $1000 then 1% of it will be deducted as tax means $10 for everytrade which also doesn't look like a huge amount but let's assume someone did 10 trades and they will be paid $100 as tax but I don't think they made any profits at all so they are discouraging with this move.

And the opposition party is not that friendly either so change of prime minister will not bring rapid change like Trumps but if one who took appropriate tax rates then the growth will be phenomenal in long run.

EFS

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If you think Bitcoin's rise is because of Trump, you are very vulnerable to being fooled. People like Musk or Trump have very limited influence on Bitcoin. They are people who only care about their own interests. The manipulation they try to do will only have a limited impact on the rise or fall of Bitcoin. Bitcoin is not tied to any government, and the decisions they make on behalf of their countries only concern their own countries. Bitcoin is a supranational currency.
Don't attribute so much significance to governments and their leaders, you'll only end up disappointed.

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Quote from: Sanitough on January 24, 2025, 05:09:11 PM

As we’ve all noticed, it’s Trump causing a lot of hype in the market lately. People are speculating that he might introduce crypto-friendly policies, and of course, he probably has his own intentions, like promoting his coin.

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community. Someone who could spark bullish speculation like what we’re experiencing now. It’ll likely be a leader with a strong stance on blockchain innovation, maybe someone who openly supports decentralized systems or sees crypto as a tool for economic growth. Any guesses?

First world country presidents would provably bring another good hype for Bitcoin, if one of those country leaders would follow what Trump did for sure that it can generate good recognition and hype to people since for sure that many will look forward for more better future especially that there huge chance that there might be a first world countries will follow.

With current developments happening and ongoing lots of discussion about other countries plans to create a Bitcoin reserve there's provably some thoughts of many more country to do the same since for sure that they don't want to be left behind when there's something Bitcoin standard that will change on financial system.

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Quote from: Sanitough on January 24, 2025, 05:09:11 PM

As we’ve all noticed, it’s Trump causing a lot of hype in the market lately. People are speculating that he might introduce crypto-friendly policies, and of course, he probably has his own intentions, like promoting his coin.

But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community. Someone who could spark bullish speculation like what we’re experiencing now. It’ll likely be a leader with a strong stance on blockchain innovation, maybe someone who openly supports decentralized systems or sees crypto as a tool for economic growth. Any guesses?

I think that any President who is popular in social media, can make Bitcoin bullish. Trump is the most popular celebrity President to my mind, so what he says, it greatly affects Bitcoin's price but I'm curious about what kind of influence it will have when he really does something because what you say and what you do is different. I think if he does what he says, the positive effect will be at least two times greater.
When it comes to celebrity Presidents, I don't know what's happening in China and India because these countries have the highest populations and one of the largest economies, so in theory, their Presidents could be capable of making Bitcoin bullish if they promise or do something positive for Bitcoin.

Some of the biggest celebrities in social media are Putin and Emmanuel Macron to my mind but Putin's celebrity status is much bigger than Macron's.

Topic: Which other presidents could make Bitcoin bullish? (Read 373 times)