- The Biden administration has been doing everything within its power to slow down the adoption of Bitcoin. Trump won't stand in its way and after yesterday's debate it is clear Biden will not fulfill another term.
Don't count on that. Trump recently said to make sure that Bitcoin Mining "stays in the US". I wonder how he could accomplish this, but i think the "strategy" willl be another stupid idea, and if the "master plan" proves to be impossible to carry out, he will put up some shit "facts" about Bitcoin and tell us it would be banned.
Biden IS sleepy, but Trump is only a few years younger and losing his focus in speeches and interviews, more and more, at a fast pace.
If you ask me,
none of the both should run any country.
One of the biggest problems I see is that Trump is the best friend of the banking industry. He is a guy who built his empire purely based on loans. For as long as banks are telling him to slow down bitcoin or at least not actively support it, he won't. If you look into Trump's vita, there is a ton of connections with banks all over the world. The Deutsche Bank loaned him $2 billion over the course of two decades and they did not dump him when it came out that he inflated his net worth applying overvaluation to his real estate. He is a slave of the banks and his former presidency (and potential future presidency) allowed/will allow him to repay the favor. It's a powerful and entangled mutual relationship. Bitcoin is not on his agenda. Banks are. And should banks say that they loaded their bags and he can now push bitcoin, then he would.
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