Bitcoin Forum

Hillary Clinton spoke at the Bloomberg New Economy Forum in Singapore Crypto. She said Crypto has potential for “Undermining the Role of the Dollar as the Reserve Currency (https://blockworks.co/hillary-clinton-crypto-has-potential-for-undermining-the-role-of-the-dollar-as-the-reserve-currency/)”

Apparently, Hillary and her "friends" are getting worried about Bitcoin's disruptive potential.

They cannot do anything about bitcoin.

BTC = boss end of discussion.

Etag_loc

There was another topic on this board about this I think (just to link the two): https://bitcointalk.org/index.php?topic=5372163.msg58476143#msg58476143

Be aware that those who are powerless to do something tend to rant (it's not for nothing that real power is called gray cardinals).

Also, do not forget that in order to stay in the saddle, politicians of such a level as Hillary must periodically stir up the interest of their voters, so they have to create a news noise based on the modern interests of the audience. As a rule, if she understood something in this, then she would have been more worried about the Middle Kingdom and viewed bitcoin as the only adequate lever of pressure on China. I am not saying that Bitcoin can be a political instrument, but with the support of the US government, Bitcoin can be a breath of fresh air for the entire American economy.  ::)

In my view, Hillary and her friends are being rationale and don't hide away from reality. Crypto will rise to replace the economy we know today. It is but a matter of time.

 People will realise this is the future as soon as they're being asked if they'd rather keep their fiat in a bank account as opposed to in a DeFi smart contract protocol and compare the APY from both options

It is inevitable, not just Hilary but other top governments and none government officials are recognizing the importance of crypto (btc in particular) they can no longer hide the very obvious, btc is gaining more ground and embracing new users every day,
After several attempts to crumble the technology, rather it keeps getting stronger and they are amazed.

Well I would not underestimate unlimited amount of fiats they have (to short/manipulate) and unlimited amount of FUD they can generate. These two combined can put btc into 10-15 year bear market. Just like we've seen on gold. I wonder how many "strong hands" will quit because they have lambos in current price but 0 income because they quit their job. After 10 years they will eat all savings and be forced to sell. I think that the worse time for hodlers is yet to come. They have power and revolution in global economy will not take place in next 1-5 years. It will take decade/decades and its possible that it will be decades in bear market.

I'm not fudding. I'm bullish on BTC. I just wanted to point out that we did not win yet.

But what did they expected? They have been printing the US dollar at an alarming rate and now they are mad that people are looking for alternatives, if bitcoin did not existed then people would just buy more gold and silver, and if they forbid it then people will use real state, art or anything that can hold value over the long term, however they are worried because bitcoin can become a store of value and it is also digital, which makes it incredibly easy to move without supervision and they are afraid that if they raise taxes or increase the regulations on the economy people will just flee to bitcoin in response to that.

After donald trump said the same thing about bitcoin now Hillary Clinton is doing the same :D
After this who will be?
even if it is said by anyone and any politician but in the end bitcoin will still stand and indeed this will definitely happen because the influence of bitcoin is getting more and more felt and its adoption is getting stronger so they are definitely worried about this.