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Author Topic: Bernie Sanders will use bitcoin for economic growth?  (Read 2036 times)
abs350 (OP)
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February 14, 2016, 11:09:44 PM
 #1

Recently there was some news about Bernie Sanders using alternatives to banks to improve the economic growth.

Do you think he was talking about bitcoin?

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February 15, 2016, 02:25:38 AM
 #2

I can't see any other way to take back the power from the big banks instantly (and to make them tamer)

But it would be a huge risk for any politician to endorse bitcoin as part of policy, especially since gox.

Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
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February 15, 2016, 05:18:27 AM
 #3

I can't see any other way to take back the power from the big banks instantly (and to make them tamer)

But it would be a huge risk for any politician to endorse bitcoin as part of policy, especially since gox.

I guess he is probably gonna avoid saying bitcoin specifically but could mention cryptocurrencies

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February 15, 2016, 05:34:30 AM
 #4

The more I think about it the more I'd like to see Bernie Sanders elected. His opinion regarding bitcoin is unclear but it can't be worse than the other asshole on the other side, who is probably backed by JP Morgan and other big banks, right? If Trump is elected it's gonna be bad for bitcoin, whatever. So yeah, go Bernie.

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February 15, 2016, 05:41:25 AM
 #5

Recently there was some news about Bernie Sanders using alternatives to banks to improve the economic growth.

Do you think he was talking about bitcoin?

Can anyone find past statements from him regarding crypto/bitcoin? Without that, I would say it is rash to assume he had bitcoin or anything like it in mind.

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February 15, 2016, 05:51:22 AM
 #6

Recently there was some news about Bernie Sanders using alternatives to banks to improve the economic growth.

Do you think he was talking about bitcoin?

Can anyone find past statements from him regarding crypto/bitcoin? Without that, I would say it is rash to assume he had bitcoin or anything like it in mind.

Politicians will never use the word Bitcoin in the run up to the election, because it is too controversial. They will talk about alternative technologies or something similar. It is all about demographics and statistics at this stage. Not a lot of people know about Bitcoin or are in favor of it, so it would be stupid to suggest it now, in a election period.

Let's hope, both of them like Bitcoin.

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February 15, 2016, 06:03:57 AM
 #7

I like bernie but im afraid hes pretty old and couldnt go with him until I know who his
running mate is.

I do like his views on most issues though and if he is pro bitcoin that would be another plus.



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abs350 (OP)
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February 15, 2016, 09:09:40 PM
 #8

I like bernie but im afraid hes pretty old and couldnt go with him until I know who his
running mate is.

I do like his views on most issues though and if he is pro bitcoin that would be another plus.

Why is his age important anyway?

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February 15, 2016, 09:18:38 PM
 #9

I like bernie but im afraid hes pretty old and couldnt go with him until I know who his
running mate is.

I do like his views on most issues though and if he is pro bitcoin that would be another plus.

Why is his age important anyway?

People don't live forever. At certain age you're at very high risk of death, dementia or other illnesses. It's not pretty, but that's the way it is.

If he was to win, at the end of his presidential term, he would be few years above US life expectancy (as per quick google search).

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February 15, 2016, 09:20:32 PM
 #10

Don't worry. Trump will be the next president.
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February 15, 2016, 09:22:57 PM
 #11

Highly doubt it. It would give him a dubious image and it wouldn't win him many votes, if any at all. I also don't think he desires to be involved in Bitcoin... He's a politician after all.
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February 15, 2016, 09:38:05 PM
 #12

Highly doubt it. It would give him a dubious image and it wouldn't win him many votes, if any at all. I also don't think he desires to be involved in Bitcoin... He's a politician after all.

I'm sure he could pull that off:
"Let's make BTC-friendly legislations. Then we'll tax all the holders at 50% and give the money to the poor".

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February 15, 2016, 10:56:23 PM
 #13

There have been a number of US politicians who have spoken favorably of Bitcoin, both Democrat and Republican. The most outspoken in it's favor seems to be Ron Paul. Rand Paul likes it too but he recently dropped out of the race, but he's still in the Senate.

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February 15, 2016, 11:04:31 PM
 #14

There have been a number of US politicians who have spoken favorably of Bitcoin, both Democrat and Republican. The most outspoken in it's favor seems to be Ron Paul. Rand Paul likes it too but he recently dropped out of the race, but he's still in the Senate.

What's more, Rand was in fact accepting bitcoins for his presidential campaign. Not quite directly but through BitPay, but that still counts.

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February 16, 2016, 12:14:59 AM
 #15

I like bernie but im afraid hes pretty old and couldnt go with him until I know who his
running mate is.

I do like his views on most issues though and if he is pro bitcoin that would be another plus.

I'm not sure that age matters if he can get some trusted advisers who are aware of Bitcoin and its potential. It may be that they explained the technology and how it can pretty much do an end run around banks to him in plain English, but warned him to not use the actual word "Bitcoin" until after the election.
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February 16, 2016, 12:18:03 AM
 #16

If Bernie becomes president... money will flow out of the USA like crazy.

Offshore, Bitcoin and other such things.

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February 16, 2016, 03:55:22 PM
 #17

If Bernie becomes president... money will flow out of the USA like crazy.

Offshore, Bitcoin and other such things.


I think I may flow out of the U.S as well, regardless which one of the current idiots gets elected. It is the first election year I have felt like this. I am not a fan of any of them  Undecided
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February 16, 2016, 06:26:49 PM
 #18

If Bernie becomes president... money will flow out of the USA like crazy.

Offshore, Bitcoin and other such things.

I feel the same
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February 16, 2016, 06:28:12 PM
 #19

No disrespect for the elderly, but Bernie Sanders is simply too old to get it, he will never understand the idea of a decentralized, non-government issued currency like Bitcoin. If investors like Warren Buffer are too old to get it, I doubt a politician will.
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February 16, 2016, 06:49:57 PM
 #20

I'm sure he could pull that off:
"Let's make BTC-friendly legislations. Then we'll tax all the holders at 50% and give the money to the poor".

Everyone would definitely go for that Grin

No disrespect for the elderly, but Bernie Sanders is simply too old to get it

He's pretty much too old to get anything, I think. Fresh faces on the government would be much better.
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