Which other presidents could make Bitcoin bullish? - page 3.

batang_bitcoin

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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 honest, he's the one that I am thinking of that's next influential to Donald Trump. While Trump keeps on mentioning his name, there's the importance that he plays to the status of world economy and peace and order. But I don't think that he'd talk just as how Trump talked and became very vocal about cryptocurrencies. What we used to see with China is about them manipulating the market about the bans that the media is releasing and talking about them. And later on, the uplifting of that ban that we have seen its impact to the market whenever they do these press releases.

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I think no other president could match the global influence of Trump in cryptocurrency. I mean look what happened, even other world leaders followed the trend, placed a spot on Bitcoin using the government funds. Tbh, there are many presidents that I can mention here, like those who adapted bitcoin like Trump did but in my PIV they’re nothing or can’t give influence globally. Like for example if China or Russia, made a move in cryptocurrency, some will follow but the effect might be negative, they might doubt cryptocurrency because of that. So for me, can’t really find someone like Trump.

Saint-loup

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The one of a big country for sure, maybe the president of Russia or China. Or the prime minister of Canada, Australia, or United Kingdom. Unfortunately it couldn't be a country of European Union since the regulation don't allow this kind of thing anymore. A country wanting to take unexpected stances about cryptocurrencies would need to leave EU.

Zaguru12

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If Donald Trump who is currently creating the hype around bitcoin and cryptocurrency at large gets to accomplish or complete his proposal about the reserve, the next presidents I believe will create extra hype or FOMO to the public will be Chinese government or rather president, them banning bitcoin in the past causing the FUD it did, an acceptance of it will simply translate to a bullish sentiment too. Another president or government I think would make such hype again is the Russian government and Saudi Arabia because they are involve in multiple trades and it is international and most because all Middle East countries are actually taking lead from them so them heading in that direction is like an access created for them to ease an integration into the space

BIT-BENDER

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Well with the unnecessary fomo and FUD caused by people who are more interested in politics than Crypto-currency, I believe many presidents and world leaders can cause this sort of hype too.
From China, UK and if not maybe for the war Russia to can cause this unrest too.
I would say it again the success of crypto-currency should not be attributed to any politician.

Japinat

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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

That would be ideal, but China would need to change its stance on Bitcoin, from banning it to accepting it as legal currency. If we’re looking at presidents who could make a big impact, they’d likely come from major countries with strong economies. In my opinion, China, being a big rival to the US, could have a huge effect. Bitcoin would definitely get a boost if countries that aren’t allies with the US started adopting Bitcoin-friendly policies similar to those in the US.

I’m hoping China will eventually change its stance, but that seems unlikely for now. They’ve been firm in their position since the beginning, and shifting that would take a lot.

Hazink

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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

I agree with you on this too: China is also part of the countries with the world's largest economy. If I'm not mistaken, they should be second after the US, and any president under such a country that publicly accepts bitcoin and makes moves like Trump might be able to cause a pump, but it won't be as heavy as what the trend from Trump has done, adding to the fact that people might have actually not taken China too seriously again in terms of crypto since they have banned Bitcoin more than 3 times if I'm correct.

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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

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.

Ambatman

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The one people least expected
The President of China Xi Jinping

Sanitough

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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?

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