How will crypto behave during a Biden presidency?

[kamadazje]

What we can do as of this moment is to see for ourselves whether Biden is friendly towards crypto or not within his 4 years term as US president. But I am positive that he will not do some crazy things that are against to crypto currency especially if there is no big reason behind it.

If crypto will not give a threat to US then there is a big chances that crypto in US will remain as it is or it will soar towards a new heights if we will go lucky in getting the support of Biden.

[Sterbens]

After Biden has been declared the winner of the US presidency, there's a lot of uncertainty regarding to crypto's (and the mainstream economy) behavior during the next 4 years. At times, it's been shown that crypto prices move either up or down depending on certain events in the mainstream world. Some people say that in a Democratic administration, the stock market (and crypto too) will experience a constant uptrend in price. Others say the contrary when Republicans are in power. Since 2020 has been filled with uncertainty, anything could happen in the following months.

This makes me wonder how will a Biden presidency impact crypto? Will crypto continue to soar towards new heights? Do you think that a Democratic administration will be much more friendly towards the crypto/Blockchain industry in general?

Your input will be greatly appreciated. Thanks

I have heard that his financial team will be lead by some pro crypto people also due to a lot of strong voices in the US congress to encourage and promote crypto I think good times for crypto are coming soon in US.

good news if this is true, then the potential for crypto's popularity will be even higher. I think the financial holders who will be led by Biden will really give new energy. not only specific to bitcoin, but also other cryptocurrencies. do not forget to be a good start for trading US dollars and gold which is managed by professionals who put the interests of the country and its people.

[optimisticcm]

After Biden has been declared the winner of the US presidency, there's a lot of uncertainty regarding to crypto's (and the mainstream economy) behavior during the next 4 years. At times, it's been shown that crypto prices move either up or down depending on certain events in the mainstream world. Some people say that in a Democratic administration, the stock market (and crypto too) will experience a constant uptrend in price. Others say the contrary when Republicans are in power. Since 2020 has been filled with uncertainty, anything could happen in the following months.

This makes me wonder how will a Biden presidency impact crypto? Will crypto continue to soar towards new heights? Do you think that a Democratic administration will be much more friendly towards the crypto/Blockchain industry in general?

Your input will be greatly appreciated. Thanks

Some people think trump was better because his kind of strange remarks about sensitive things kept the volatility in the market especially usd pairs of the forex market but for crypto he was not that good because he was not eager to encourage crypto friendly regulation rather he kept talking against crypto. I am hopeful Joe Biden will do well as far as crypto is concerned.

[Josefjix]

What we can do as of this moment is to see for ourselves whether Biden is friendly towards crypto or not within his 4 years term as US president. But I am positive that he will not do some crazy things that are against to crypto currency especially if there is no big reason behind it.

If crypto will not give a threat to US then there is a big chances that crypto in US will remain as it is or it will soar towards a new heights if we will go lucky in getting the support of Biden.

Same way I have been thinking. It doesn't make any sense to just predict what he has for cryptocurrencies when he hasn't  assumed office, make proper appointment of his economic advisers, appointment of ministers. Many people are just being predictive over his leadership with the way his party had ruled previously. Even if he is to follow the the footprint of his political party, he has his own vision, mission and policies to implement. As times goes by we'd be thrilled with how he affects Bitcoin positively or negatively with his economic policies

[Sterbens]

what is clear is later how his policies as president regarding the economy, investment, and stocks. As a superpower, America is certainly a lot of consideration for other countries in terms of the economy, including in the crypto world. If there is positive regulation on crypto, the market will increase considering that other countries will also apply the same regulations.

Therefore, America's role here is very important, considering other countries will reconsider what will be Biden's decision, especially in the economy-based sector, because if the policies are not as expected it will only exacerbate the problem. . .
In my opinion, as a superpower, Biden will consider the best solution that can be accepted by all parties.

[KimmyF]

He just got elected and we can't judge him now. It is true that the cryptocurrency market is experiencing a pump at the moment, but that's not necessarily the impact of it. But I hope the cryptocurrency market will get better even though something bad could happen.

Joe biden just got elected but cryptocurrency was pumping before the election started. Bitcoin is on the bullrun but altcoins price hasn't started yet. You are right, but cryptocurrency is illegal in the USA even though so many investors we have from there. Binance exchange has different apps which the old president didn't create problems or something.

[Slingshot]

It can only affect it little time but nothing can ever stop the growth of Crypto even if the head of the country isn't in support of Crypto. There will always be development and increase. But with the look of things, Biden is likely a fan of Crypto and some Crypto top notch supported him.

[judeafante]

If there is positive regulation on crypto, the market will increase considering that other countries will also apply the same regulations.

Only countries that are friendly to the United States that does not have a regulation in place, other countries already set up their own regulations on Cryptocurrency, so if the United States create one of their own, it will not have impact on other countries which already have, maybe only those countries that are strict to Cryptocurrency, like in India.

[dhemasm]

Basically we can't see significant impact for now since Biden has not served effectively, Maybe we can see for the next 2-5 Months for Biden Presidency Impact on the Crypto market. I'm not really Following Trump Administration before and also Biden but after looking some Discussion about "US Election" Impact on the market i try to do some simple research and looks like Biden Administration have some Tech Savvy and Crypto-Friendly Cabinet but for now still we can't really assume what will happens in the future. Let's wait and Hope Biden Administration will have an Positive Impact to the Crypto market in the future.

Anyway In case you want some read Article about this, Here the list.
https://decrypt.co/38388/kamala-harris-joe-biden-vp-team-crypto-sacramento-kings-cto
https://decrypt.co/45837/what-a-biden-presidency-would-mean-for-bitcoin
https://www.coindesk.com/blockchain-bites-bitcoins-20k-ethereums-unannounced-fork-biden-crypto

[whyrqa]

Remember Trump already said he don't like Bitcoin and cryptocurrency, I assumed Biden is not to be worst than that.

There are no good ones in that cohort. This is unacceptable for a statesman)) However, some of them can hardly be called short-sighted and it is unlikely that anyone will refuse to receive income from the fact that people use crypto.

Perhaps we need to wait for at least the first official statement by Biden in his role as president regarding cryptocurrencies. Based on this, it will already be possible to draw some conclusions and assumptions. Even if Biden said something as a candidate for the presidency, then, as always, different statements by politicians have nothing to do with their real activities as president.

[bitbollo]

After Biden has been declared the winner of the US presidency, there's a lot of uncertainty regarding to crypto's (and the mainstream economy) behavior during the next 4 years. At times, it's been shown that crypto prices move either up or down depending on certain events in the mainstream world. Some people say that in a Democratic administration, the stock market (and crypto too) will experience a constant uptrend in price. Others say the contrary when Republicans are in power. Since 2020 has been filled with uncertainty, anything could happen in the following months.

This makes me wonder how will a Biden presidency impact crypto? Will crypto continue to soar towards new heights? Do you think that a Democratic administration will be much more friendly towards the crypto/Blockchain industry in general?

Your input will be greatly appreciated. Thanks

much probably it will be a 0 impact on crypto related things. at least for the next presidency it could be early see an active interest by USA administration.
personally I see only a strong and growth interest in crypto currencies (and bitcoin) from private entities,

[Delisaara]

In the leadership of Biden, bitcoin will be fine, not as many people worry about, just after Biden was elected bitcoin soared.  even though many seniors say, if Biden is chosen then it will have a bad impact on bitcoin, and it turns out that this is not true.

[Shasha80]

Biden is not currently president of America, because Trump still served as president of America until the end of January 2021.
So we can't yet see what policy Biden will take regarding cryptocurrency. But if you look at the track record of Biden who is
not a cryptocurrency hater, I believe Biden's leadership can be more neutral towards cryptocurrency. compared to Trump who
hated Bitcoin from the start. So I think Biden will be more cryptocurrency friendly, although Biden is not a supporter of crypto.

[Vishnu.Reang]

much probably it will be a 0 impact on crypto related things. at least for the next presidency it could be early see an active interest by USA administration.
personally I see only a strong and growth interest in crypto currencies (and bitcoin) from private entities,

I have to disagree. In most cases, the exchange rates of BTC and other cryptocurrencies increase when the economy is growing. And there are widespread fears that Biden will undo all the good work that Trump has done during the last 4 years, with a combination of additional lockdowns and higher taxes. He hasn't started his term yet, but I would be carefully watching each of his policy steps.

[Sebas.tian]

In the leadership of Biden, bitcoin will be fine, not as many people worry about, just after Biden was elected bitcoin soared.  even though many seniors say, if Biden is chosen then it will have a bad impact on bitcoin, and it turns out that this is not true.

The future of how Bitcoin will react doesn't in a way clear to anyone, Bitcoin might move from what we used to know it for when Biden gets into the presidency but who knows? only time will tell. Possibly we might see some good and positive verbs from Biden if he's interested to injects into the US economy from their reserves, this will help move Bitcoin forward. Also, according to Cynthia she will bring forth Bitcoin into the senate for debate as a store of value which should be embrace.

[mamesso]

First I would like to congratulate Bitcoin investors, and they should be happy, because the price of Bitcoin has continued to skyrocket during the 2020 United States Presidential election period. according to the Cointelegraph report, Crypto traders and analysts have started looking for information to determine Biden policy moves for the cryptocurrency sector. It looks like the crypto community agrees that a president who says nothing about cryptos is preferable to a president who has underestimated cryptocurrency. Trump defeat is supported by Qiao Wang (leader in the DeFi Alliance's decentralized financial accelerator), because Trump had said negative things about BITCOIN and LIBRA some time ago, So we will see how the cryptocurrency continues after Biden is inaugurated next year.

[ningrum]

in my opinion there will be no problem for cryptocurrencies, whoever the president is,
Bitcoin only needs good news from Biden, and Biden has already given it the first time,
yup about the CTCF team who is in his team, really a good first step.

[tvplus006]

much probably it will be a 0 impact on crypto related things. at least for the next presidency it could be early see an active interest by USA administration.
personally I see only a strong and growth interest in crypto currencies (and bitcoin) from private entities,

I have to disagree. In most cases, the exchange rates of BTC and other cryptocurrencies increase when the economy is growing. And there are widespread fears that Biden will undo all the good work that Trump has done during the last 4 years, with a combination of additional lockdowns and higher taxes. He hasn't started his term yet, but I would be carefully watching each of his policy steps.

The main task of cryptocurrency is to ensure the purchase and sale of goods and services bypassing traditional banks. Also, the cryptocurrency market should not be dependent on one person, even if this person is the President of America, regardless of whether it is Biden or Trump.

[BITCOIN4X]

First I would like to congratulate Bitcoin investors, and they should be happy, because the price of Bitcoin has continued to skyrocket during the 2020 United States Presidential election period. according to the Cointelegraph report, Crypto traders and analysts have started looking for information to determine Biden policy moves for the cryptocurrency sector. It looks like the crypto community agrees that a president who says nothing about cryptos is preferable to a president who has underestimated cryptocurrency. Trump defeat is supported by Qiao Wang (leader in the DeFi Alliance's decentralized financial accelerator), because Trump had said negative things about BITCOIN and LIBRA some time ago, So we will see how the cryptocurrency continues after Biden is inaugurated next year.

Speculation had started even before Biden officially won the election. One thing that could possibly be positive is that Biden is not like a bitcoin/ cryptocurrency hater. If later after Biden is officially inaugurated as president, regardless of the policy regarding bitcoin or cryptocurrency, I am sure that all of that will not affect the main use of bitcoin. Without it, the price of bitcoin can still experience volatility, and we must be know that bitcoin is an asset that cant be controlled by anyone.

[kkaroul4]

I'm sure nothing's gonna change since as I've seen the Bitcoin or cryptocurrency is still a threat to USA it can be use to frauds and other illegal acts however we might not know what will happen during his term maybe there's something good happen.