Biden and Cryoto

[Mauser]

I think Biden is more open to new ideas than Trump. Trump once tweeted how he considered Bitcoin and crypto to be fraud and money from thin air. While the approach of Biden is a bit different. He is open to new ideas and uses of technology. With "science" as in his manifesto, I think he will look into the matter of Bitcoin and Crypto with positive eyes.

I think Biden is good for the crypto world too. Just by looking at the prices of the biggest crypto coins we see that almost all of the rallied since the USA election. Bitcoin alone is almost up 60% over the last few weeks. In my opinion the Democrats are more open towards free trade and will likely cancel some of Trump protectionistic economic reform. Hopefully we will see higher prices through out the next for your years in the crypto world.

[cheezcarls]

How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.

What are your views?

No matter if Biden is supporting or against Bitcoin, it will always flourish no matter what. I don't mind which side Biden is in, but Bitcoin is here to stay for a very long time. I don't even care about Trump's statements against Bitcoin, he cannot stop it from further growing on a gradual basis.

[FanEagle]

With more people in his cabinet that is very much in favor of crypto, Biden already looks like a president who would be more fair to crypto. I am not saying it will be a guaranteed 100% deal but at least he looks like he will give power to many other people instead of trying to collect all the power in himself, that was what Trump was having trouble with, he wanted all the power to himself and that is not something people are willing to overlook and why Trump lost.

Checks and balances are important in government management and Biden will give economical management and advising to people who were employed by or at least interested in bitcoin world. So at the end of the day we will have to wait and see but I am guessing much better 4 years than what we had previously.

[metenjean]

Looking for Joe Bidden background we don't get he called with cryptocurrency as best payment currency at the future and become revolution how to break up United State economic. Almost all political in the world still lower knowledge with bitcoin and cryptocurrency, they don't know what is benefit from cryptocurrency for adopting as currency payment. I believe is not get any impact for bitcoin after Joe Bidden win as United State president election after beating Donald Trump. Maybe Joe Bidden is not bad like Donald have give bad reputation for bitcoin where always Trump make controversial for bitcoin going down. Just hope what will Bidden decision for bitcoin at the future in United State, still the same like Donald Trump decision or become better for bitcoin after Joe Bidden as United State president.

[Kopetunto]

I like Biden, I also believe Biden will have a positive impact on cryptocurrencies,
because we know America is a big country and will compete with China,
China is also now going to launch digital yuan, and of course USA will not be left behind and Blockchain will be atention Biden in 2021.

[nomenclatur]

How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.

What are your views?

is that too influential? I don't think you can see that from time to time, cryptocurrency is getting more and more famous and has become a very popular investment place at this time you need to know that currently the development is very wide and it has happened during hard times bitcoin remains firmly held at high prices bitcoin is a place the best investment for many people and the trade has become higher the volume level per day which is certainly what attracts many people.

[Buttermellow]

Do not expect for the new administration to be on the side of cryptocurrency. Remember that almost all goverment are in doing centralized system and it is completely opposite to cryptocurrency.
However, we can be also get surprise by the new admin. Who knows that it will going to support cryptocurrency. But whatever it will be the best thing to do is not to expect anything from it so it will not going to hurt us the crypto community. With or without them cryptocurrency working just fine.

[Noctis Connor]

Do not expect for the new administration to be on the side of cryptocurrency. Remember that almost all goverment are in doing centralized system and it is completely opposite to cryptocurrency.
However, we can be also get surprise by the new admin. Who knows that it will going to support cryptocurrency. But whatever it will be the best thing to do is not to expect anything from it so it will not going to hurt us the crypto community. With or without them cryptocurrency working just fine.

Well even there's no president to support bitcoin, bitcoin is always prosper to grow and still continue to grow , it is really centralize system where other crypto currencies support bitcoin. I not even surprise if the new administration not support bitcoin, However if there's an 1 people who have courage to introduce it into administrator and then make a good impact to it maybe we can expect more than to expect.

[ecnalubma]

Crypto don't care about leaders, whether they are in or out it doesn't really matter. In my opinion cryptocurrency is already a mature investment, it can't be easily influence or dectate by any leaders around the globe. The power of decentralization is so much powerful than we think, crypto is freedom and empowering citizens.

[xenon131]

IMO, much more important to bitcoin is the support of Senate

[btc_angela]

Crypto don't care about leaders, whether they are in or out it doesn't really matter. In my opinion cryptocurrency is already a mature investment, it can't be easily influence or dectate by any leaders around the globe. The power of decentralization is so much powerful than we think, crypto is freedom and empowering citizens.

I don't know how can you say that crypto is already mature, I mean its like just 10 years, still in its infancy if you're going to ask me. We can't even derived a proper data set from it because dat is too small. But I agree that crypto doesn't care about leaders, but those leaders can spell doom to us if they are a hardliner, no-coiner, anti-crypto. Good though that Biden is not like that so still a win win situation for us as he is going to be the next US President next year.

[bits4books]

Let me be specific to only bitcoin, Biden or no Biden, Trump or no Trump, bitcoin will always prosper. Its prosperity is not in the hand of anyone because it is not a centralized currency, it is completely decentralized and open source. People are getting to know it and embrasing it. Let us just expert more prosperity for bitcoin as it is becoming the first truly sovereign currency.

You will be very surprised if you learn that the" prosperity " of BTC depends on its demand.
If the US economy goes down under Biden, then BTC will also go down-simply because people who already lost a lot of money during the pandemic, just to survive, will have even fewer of them after the new economic "exploits" of Biden and his team. And all this will pull BTC down again and it will be impossible to stop it.
It seems to me that just the same in the next couple of years we should expect a very strong drop in BTC, and maybe even a record. The worse things are in the US, the worse it will be for the whole world in General, and BTC in particular.
When you think that BTC is a fully decentralized currency, you forget the simplest truth - you can't buy it without using dollars. And when your entry point suffers, so does everything that comes after it.

[deisik]

The worse things are in the US, the worse it will be for the whole world in General, and BTC in particular

Your reasoning is quite correct

But your premises are quite shaky. That is to say, crypto won't be a lot better than the world around it, but what would make the world a much worse place than it is now? You essentially say that Biden is going to destroy the American economy (or substantially impair). But is this really so? 

When you think that BTC is a fully decentralized currency, you forget the simplest truth - you can't buy it without using dollars. And when your entry point suffers, so does everything that comes after it

It is not about dollars

You can buy Bitcoin with, say, rubles. Kidding aside, cryptocurrencies are not possible without people supporting them and using them. After all, who would care about dollars if you could pay for things with crypto directly?

[sarmrakib]

How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.

What are your views?

I have seen this type of question many times but i don't think it will make any impact on the crypto market .Lot's of trader said if Biden win bitcoin can crash but see the trend is going to the moon .So cryptocurrency is a great platform it's not control by president .They can just make new rules which may affect but not much for sure .   

[celot]

How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.

What are your views?

of course if Biden fully supports bitcoin this will be the prosperity of all people  cryptocurrencies will look better the price will continue to skyrocket and it will definitely happen Also remember that without the support of Biden, cryptocurrency is well known and it is happening now that the community is what makes prices and cryptocurrencies more popular and increases until now.

Where is this information did you get which Bidden will full support with cryptocurrency? almost all United State president never give anything for bitcoin from Barack Obama until last with Donald Trump always hate bitcoin and altcoin become legal currency payment transaction, but have two months later before Joe Bidden is officially inaugurated as president of the United States in January 2021. Have waiting two months later what is true with Joe Bidden full support for cryptocurrency become legal payment transaction in United State or not because I get any issues there are supporters of the Bidden campaign from bitcoin investors. True or not with Joe Bidden will have change for bitcoin just waiting when he officially become president of United State.

[mezzaluna]

How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.

What are your views?

Nothing would change. It will still be normal unless an government official will personally deface or promote Cryptocurrencies. Bitcoin will always be Bitcoin as long as users will keep using it normally.

[bits4books]

The worse things are in the US, the worse it will be for the whole world in General, and BTC in particular

Your reasoning is quite correct

But your premises are quite shaky. That is to say, crypto won't be a lot better than the world around it, but what would make the world a much worse place than it is now? You essentially say that Biden is going to destroy the American economy (or substantially impair). But is this really so? 

Given the overall focus of Biden and his team (and party), I have concerns that the US economy will go down for the "common good of redistribution between rich and poor”. He is going to not only raise taxes on large incomes but have desires to restart the notorious ObamaCare and God knows what else. All this will cost both a lot of money and a lot of reputational risks.

When you think that BTC is a fully decentralized currency, you forget the simplest truth - you can't buy it without using dollars. And when your entry point suffers, so does everything that comes after it

It is not about dollars

You can buy Bitcoin with, say, rubles. Kidding aside, cryptocurrencies are not possible without people supporting them and using them. After all, who would care about dollars if you could pay for things with crypto directly?

This is the biggest problem of cryptocurrencies in particular and the entire crypto community in general - no one wants to just take and pay for anything directly with cryptocurrency, even pizza or new smartphone. Everyone wants BTC for $50k and after their wallet would be full of paper money.
I have already said many times here and I will say again that until today's community wants to live with cryptocurrency as "real money" and not as an investment, then there can be no question of any mass adoption.

[ssamotoev]

Let me be specific to only bitcoin, Biden or no Biden, Trump or no Trump, bitcoin will always prosper. Its prosperity is not in the hand of anyone because it is not a centralized currency, it is completely decentralized and open source. People are getting to know it and embrasing it. Let us just expert more prosperity for bitcoin as it is becoming the first truly sovereign currency.

Imagine if Trump would enter 100% rage mode and decided to ban all crypto.
So all your pink dreams about allmighty bitcoin would crash all at once.

[deisik]

The worse things are in the US, the worse it will be for the whole world in General, and BTC in particular

Your reasoning is quite correct

But your premises are quite shaky. That is to say, crypto won't be a lot better than the world around it, but what would make the world a much worse place than it is now? You essentially say that Biden is going to destroy the American economy (or substantially impair). But is this really so? 

Given the overall focus of Biden and his team (and party), I have concerns that the US economy will go down for the "common good of redistribution between rich and poor”. He is going to not only raise taxes on large incomes but have desires to restart the notorious ObamaCare and God knows what else. All this will cost both a lot of money and a lot of reputational risks

Let's wait and see. But personally, I don't think that the US economy under Biden will be much worse (or worse at all) than under Trump

I have already said many times here and I will say again that until today's community wants to live with cryptocurrency as "real money" and not as an investment, then there can be no question of any mass adoption

I support this view

It is actually pleasing to see that more and more people come to understand that it is not merchants that are refusing to accept cryptocurrencies but rather the crypto community that doesn't want to part with their precious coins. But there is a hope for them too, and this is crypto payment cards once they start to cut it in terms of maintenance costs and commissions, that is, become as useful and convenient as regular ones

[cytpoway121]

How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.

What are your views?

I think there is an easy, and swift answer to this. Do you remember few days back during the American election day, or week; did you notice that the great american election had no single effect on the bitcoin and crypto currency? This is to tell you if the election does not affect bitcoin growth and prices; then whoever is the president, bitcoin will thrive; crypto currency will thrive, but always remember that the volatility will remain so always do your own research