Showdown: Trump Vs Haley. Bitcoin betting on the 2024 US Presidential Election

[Hispo]

Biden couldn't even get rid of student debts, let me tell you that much about how much executive power has. I mean that was one of the most important things to him and worked very hard to get it done, which I think would be great for everyone, the whole nation because even if you have no debt, you make money one way or another, either own your own company, or work for someone else, and when the people with debt no longer have it, they will spend that money on the place you work, which would have benefited you.

They didn't even allow him to do that, and that's such a simple thing compared to backing dollar with something, and that's why I believe that it would not happen, but not really important considering it's also unrealistic Biden not getting the nomination.

The plan was not forgive the whole debt of those students who acquired credit in order to attend college, it was rather a relief plan for many of them to be able to have part of their debt lifted off their shoulder, to incentivize their personal economy. Many of those students could have even more dozens of thousands of USD in debt.

Though, within the Republican party there are people who argue that forgiving debt that way is just making the tax payers to pay for the debts of others, which is very frown upon within the political right, as we all know.

As it stands, the supreme court is pretty much on the Republican side so before Biden can opt for a plan like that, he has to figure out a plan to circumvent them.

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[ololajulo]

The less chance a candidate has, the more bizarre/freaky his program can be. This pattern works in all countries and I don’t even know what comes first: the candidate’s quirkiness and therefore small chances, or vice versa, small chances because he is bizarre 
But from the point of view of mathematics, everything is obvious: those who always satisfy the requirements of the majority, which is conservative and "normal" on average, always win.

At this point, Robert F. Kennedy Jr. is polling somewhere between 15% to 20% of the democrat vote. He is considerably behind Biden, but we can't say that his chances are extremely low. Apart from Biden, he is the only candidate with double digit support among the Democrats. In the end, he is not going to win the nomination, but there is a large section of the American population who supports him. And in case he ask his candidates to stay at home during the election day, it can have a huge impact on the outcome of the POTUS 2024 elections.

It's intriguing how USA elections align with Bitcoin halving, but we mustn't allow ourselves to be swayed solely by election promises that often distract people during the campaign period.

[KTChampions]

Biden couldn't even get rid of student debts, let me tell you that much about how much executive power has. I mean that was one of the most important things to him and worked very hard to get it done, which I think would be great for everyone, the whole nation because even if you have no debt, you make money one way or another, either own your own company, or work for someone else, and when the people with debt no longer have it, they will spend that money on the place you work, which would have benefited you.

They didn't even allow him to do that, and that's such a simple thing compared to backing dollar with something, and that's why I believe that it would not happen, but not really important considering it's also unrealistic Biden not getting the nomination.

Debt forgiveness encourages irresponsibility. I don't understand how you can like this idea, given that it comes at the expense of someone. Such "good" intentions usually lead to dire consequences. I can imagine how angry people will be who earned their education with their sweat and blood when they find out that someone got it at their expense.

[Hispo]

Biden couldn't even get rid of student debts, let me tell you that much about how much executive power has. I mean that was one of the most important things to him and worked very hard to get it done, which I think would be great for everyone, the whole nation because even if you have no debt, you make money one way or another, either own your own company, or work for someone else, and when the people with debt no longer have it, they will spend that money on the place you work, which would have benefited you.

They didn't even allow him to do that, and that's such a simple thing compared to backing dollar with something, and that's why I believe that it would not happen, but not really important considering it's also unrealistic Biden not getting the nomination.

Debt forgiveness encourages irresponsibility. I don't understand how you can like this idea, given that it comes at the expense of someone. Such "good" intentions usually lead to dire consequences. I can imagine how angry people will be who earned their education with their sweat and blood when they find out that someone got it at their expense.

Well, someone could argue that if the government can bail out banks and companies which were irresponsible with the money of their account of their clients, then bailing out people who just want to live a better life is not worse.
If bailing out people of their debts encourages irresponsibility, then saving companies from depression also creates irresponsible companies and CEOs, since they are not afraid of bankruptcy since they would be counting on the money of those who pay taxes.

To be honest, if Trump decided to try some plan to forget loans to a lesser extend, I would not be surprised if their supporters thought it was a good idea and thanked him for it. World is a weird place.

[Sithara007]

It's intriguing how USA elections align with Bitcoin halving, but we mustn't allow ourselves to be swayed solely by election promises that often distract people during the campaign period.

Is that a surprise? Bitcoin halving occurs every 4 years. In most of the countries (including here in India), presidential or parliamentary elections occur once every 5 years. But then United States is different. They have an election every 4 years. It has its own merits and demerits. Here what happens is that once elected the politicians forget about their electorate until the next elections. Reducing the interval helps to get more from the elected officials. But then, conducting elections every 4 years can be expensive and can cost the tax payers a lot.

[ololajulo]

It's intriguing how USA elections align with Bitcoin halving, but we mustn't allow ourselves to be swayed solely by election promises that often distract people during the campaign period.

Is that a surprise? Bitcoin halving occurs every 4 years. In most of the countries (including here in India), presidential or parliamentary elections occur once every 5 years. But then United States is different. They have an election every 4 years. It has its own merits and demerits. Here what happens is that once elected the politicians forget about their electorate until the next elections. Reducing the interval helps to get more from the elected officials. But then, conducting elections every 4 years can be expensive and can cost the tax payers a lot.

My intention is not to draw a direct comparison between the election periods of the USA and India. However, it is essential to acknowledge that we cannot overlook the differing impacts of cryptocurrency traders and holders in both countries. In the USA, over 20% of the population actively participates in the cryptocurrency market, with a significant proportion of capital invested in it. In contrast, India's cryptocurrency involvement stands at less than 10% of the population, with relatively lower capital investments.
My primary focus revolves around the impact of the usa election campaign on the halving and bull market in the cryptocurrency realm

[KTChampions]

Debt forgiveness encourages irresponsibility. I don't understand how you can like this idea, given that it comes at the expense of someone. Such "good" intentions usually lead to dire consequences. I can imagine how angry people will be who earned their education with their sweat and blood when they find out that someone got it at their expense.

Well, someone could argue that if the government can bail out banks and companies which were irresponsible with the money of their account of their clients, then bailing out people who just want to live a better life is not worse.
If bailing out people of their debts encourages irresponsibility, then saving companies from depression also creates irresponsible companies and CEOs, since they are not afraid of bankruptcy since they would be counting on the money of those who pay taxes.
~

Yes, it's true and the funny thing is that it really is. But the fact that injustice exists in one place does not mean that it should be transferred to all other places. If we do this, then in the end it will be beneficial (for everyone) to be parasites and not work honestly. All utopian ideas in practice turn into something terrible.

[bittraffic]

Debt student forgiven seem like a good idea to get votes. This will surely make the people go for Biden but I think he won't be needing this anymore since FEDnow is already live. Sooner, the stimi will do wonders for his win. Its gonna be a wide margin win. It only need on speech and rest of the presidential candidate will not be able to compete him.

It's intriguing how USA elections align with Bitcoin halving, but we mustn't allow ourselves to be swayed solely by election promises that often distract people during the campaign period.

A conspiracy theorist will probably come up sort of things because of this coincidental alignment. No it can not be coincident, there is no such thing. 

[Hispo]

Debt forgiveness encourages irresponsibility. I don't understand how you can like this idea, given that it comes at the expense of someone. Such "good" intentions usually lead to dire consequences. I can imagine how angry people will be who earned their education with their sweat and blood when they find out that someone got it at their expense.

Well, someone could argue that if the government can bail out banks and companies which were irresponsible with the money of their account of their clients, then bailing out people who just want to live a better life is not worse.
If bailing out people of their debts encourages irresponsibility, then saving companies from depression also creates irresponsible companies and CEOs, since they are not afraid of bankruptcy since they would be counting on the money of those who pay taxes.
~

Yes, it's true and the funny thing is that it really is. But the fact that injustice exists in one place does not mean that it should be transferred to all other places. If we do this, then in the end it will be beneficial (for everyone) to be parasites and not work honestly. All utopian ideas in practice turn into something terrible.

Sure, the path towards hell is made out of good intentions. The ideal case would be noone needing to engage in debt in order to get education, but being able to afford it from their job.

I am curious  what Trump's plan would be in order to relieve people from debt without forgiving debt directly. It would have been advantageous for him if he had a counter point for Biden's failed attempt, but he did not, because it is a problem which solution is complex and not straightforward.

[Captain Corporate]

Do not act as if these people took debt in order to pay for some luxury vacation. They took debt to get an education, "debt forgiveness causes irresponsibility" is just a huge BS when we are talking about education. In most major nations of the world, education is already free, and there is no debt to be made, just because banks realized they could get high rate long term loan profits that they could use their money on by giving it to students who are just 18 in order to guarantee their future profits, doesn't mean it makes sense. This is not credit card debt, this isn't even mortgage or car payment, which I believe are rights too but let's say they are not, this is for EDUCATION, the future of your nation. Forgiving that debt is a must if you want people to want to study. Or would you prefer people not make debt and not go to college and a whole generation stay uneducated high school graduates? Not only it should be forgiven, but also all colleges should be made free. If those colleges need money, just ask for the government to pay for it to keep it alive, the whole nation should get together and make sure kids get a good education. Your understanding of individual lifestyle to make sure you help nobody and nobody helps you ends up with gofundme pages for cancer patients, do not talk to me about debt causing irresponsibility, the whole nation is irresponsible.

[Sithara007]

Debt forgiveness encourages irresponsibility. I don't understand how you can like this idea, given that it comes at the expense of someone. Such "good" intentions usually lead to dire consequences. I can imagine how angry people will be who earned their education with their sweat and blood when they find out that someone got it at their expense.

A lot of business owners are complaining that nowadays it is extremely hard to get American citizens for blue collar jobs, because the government incentivizes welfare rats over hard working people. Dems are to be blamed, but GOP are not saints either. Trump printed money like crazy and distributed among the citizens when COVID lockdowns were in place. And I believe that along with higher prices of gasoline, this was one of the reasons why the retail inflation in the United States went up by quite a bit in the recent past.

[TwitchySeal]

A lot of business owners are complaining that nowadays it is extremely hard to get American citizens for blue collar jobs, because the government incentivizes welfare rats over hard working people. Dems are to be blamed

What they mean is it's extremely hard to get blue collar workers to work for less than a livable wage.  Historically low unemployment is their biggest problem, which is fair to blame on democrats.

Trump printed money like crazy and distributed among the citizens when COVID lockdowns were in place. And I believe that along with higher prices of gasoline, this was one of the reasons why the retail inflation in the United States went up by quite a bit in the recent past.

And also why the economy didn't collapse or go into a depression.

[ololajulo]

Debt student forgiven seem like a good idea to get votes. This will surely make the people go for Biden but I think he won't be needing this anymore since FEDnow is already live. Sooner, the stimi will do wonders for his win. Its gonna be a wide margin win. It only need on speech and rest of the presidential candidate will not be able to compete him.

It's intriguing how USA elections align with Bitcoin halving, but we mustn't allow ourselves to be swayed solely by election promises that often distract people during the campaign period.

A conspiracy theorist will probably come up sort of things because of this coincidental alignment. No it can not be coincident, there is no such thing. 

If Biden is allowed to win the election, some fear that the USA might not be distinct from certain developing nations. Concerns arise due to his age and health, which are seen as significant factors. While campaign promises are important, delivering on them could prove challenging. It is my hope that Democrats prioritize national interests and the well-being of countries reliant on the US, as well as the future of the nation itself, over mere politicking.

[Hispo]

Debt student forgiven seem like a good idea to get votes. This will surely make the people go for Biden but I think he won't be needing this anymore since FEDnow is already live. Sooner, the stimi will do wonders for his win. Its gonna be a wide margin win. It only need on speech and rest of the presidential candidate will not be able to compete him.

It's intriguing how USA elections align with Bitcoin halving, but we mustn't allow ourselves to be swayed solely by election promises that often distract people during the campaign period.

A conspiracy theorist will probably come up sort of things because of this coincidental alignment. No it can not be coincident, there is no such thing. 

If Biden is allowed to win the election, some fear that the USA might not be distinct from certain developing nations. Concerns arise due to his age and health, which are seen as significant factors. While campaign promises are important, delivering on them could prove challenging. It is my hope that Democrats prioritize national interests and the well-being of countries reliant on the US, as well as the future of the nation itself, over mere politicking.

Even if Biden has proven not to be a flawless leader or even the best president the United States could have right now, during these multiple fronts of crises. I personally believe there is a silent majority which, even though, are not fully in favor of Biden, they see him as a person who is more reasonable and less dangerous than Trump.

That is the reason Biden is currently having better odds than Trump, though I must admit that I was expecting to see Trump to have less favorable odds, considering how further to the right he is leaning lately.

[TwitchySeal]

If Biden is allowed to win the election, some fear that the USA might not be distinct from certain developing nations.

That's because they consume too much right wing media...and fall for it.

[Hispo]

If Biden is allowed to win the election, some fear that the USA might not be distinct from certain developing nations.

That's because they consume too much right wing media...and fall for it.

To be fair, It is reasonable to be afraid of ones country's future.
I have personally watched some hours of Fox News and I must say they make a good job on exploiting the ideas and the fear of people to push of a political agenda.

Trump is a monster which was created by that kind of media and they have lost control on him, imo

[alegotardo]

To be fair, It is reasonable to be afraid of ones country's future.
I have personally watched some hours of Fox News and I must say they make a good job on exploiting the ideas and the fear of people to push of a political agenda.

Trump is a monster which was created by that kind of media and they have lost control on him, imo

Well, the media is clearly supporting Trump again, I say this because I have hardly seen more elaborate news about a very recent case in which Michael Cohen, former personal lawyer and adviser to Donald Trump, reached a settlement in the lawsuit that accused the Trump Organization of not covering millions of dollars in legal bills generated by his work for the former president of the United States.

Lawyers for both sides disclosed the settlement at a New York State court hearing in Manhattan yesterday... three days before the trial.

The terms of the agreement remain a mystery... why not disclosed? Why does Trump need to be re-elected, obvious... they just issued statements that the matter "has been resolved to the satisfaction of all parties", but do the US population agree with that? Who were the interested parties?

I'm not a voter in the US, but I hope people are very aware of this manipulation in the media.

[TwitchySeal]

To be fair, It is reasonable to be afraid of ones country's future.
I have personally watched some hours of Fox News and I must say they make a good job on exploiting the ideas and the fear of people to push of a political agenda.

Trump is a monster which was created by that kind of media and they have lost control on him, imo

Well, the media is clearly supporting Trump again, I say this because I have hardly seen more elaborate news about a very recent case in which Michael Cohen, former personal lawyer and adviser to Donald Trump, reached a settlement in the lawsuit that accused the Trump Organization of not covering millions of dollars in legal bills generated by his work for the former president of the United States.

Lawyers for both sides disclosed the settlement at a New York State court hearing in Manhattan yesterday... three days before the trial.

The terms of the agreement remain a mystery... why not disclosed? Why does Trump need to be re-elected, obvious... they just issued statements that the matter "has been resolved to the satisfaction of all parties", but do the US population agree with that? Who were the interested parties?

I'm not a voter in the US, but I hope people are very aware of this manipulation in the media.

The Cohen case was just about money that Cohen claimed he was owed from working for Trump.  Trump is notorious for not paying his lawyers, so I don't doubt Cohen.  But it was a matter that was just between Cohen and Trumps business, and it was less than a million dollars so, really not all that interesting compared to the recent news that Trump will be arrested any day now for multiple new federal charges including conspiracy to defraud the United States.

It's also very possible that in addition to the Felony charges in NY State, Federal Felony Charges in Florida (trial date was just set for next May) and soon Washington DC, he will be arrested on State racketeering charges in Georgia and face additional charges when a superseding indictment is unsealed in the documents case, (potentially for sharing war plans to attack Iran with media and staff at his club in New Jersey last summer).

[nullama]

~snip~
If Biden is allowed to win the election, some fear that the USA might not be distinct from certain developing nations. Concerns arise due to his age and health, which are seen as significant factors. While campaign promises are important, delivering on them could prove challenging. It is my hope that Democrats prioritize national interests and the well-being of countries reliant on the US, as well as the future of the nation itself, over mere politicking.

Reality is way more nuanced than what social media makes it to be.

At the end of the day, one term of a president cannot change too much a country. You need a longer time than that.

So, whenever you hear someone saying that if you vote for "the other" everything will be bad, then it's probably just FUD.

Instead, people should focus on the positive things the candidate they prefer will bring. Apparently fear is more effective though, that's why politicians use FUD all the time.

[KTChampions]

Debt forgiveness encourages irresponsibility. I don't understand how you can like this idea, given that it comes at the expense of someone. Such "good" intentions usually lead to dire consequences. I can imagine how angry people will be who earned their education with their sweat and blood when they find out that someone got it at their expense.

A lot of business owners are complaining that nowadays it is extremely hard to get American citizens for blue collar jobs, because the government incentivizes welfare rats over hard working people. Dems are to be blamed, but GOP are not saints either. Trump printed money like crazy and distributed among the citizens when COVID lockdowns were in place. And I believe that along with higher prices of gasoline, this was one of the reasons why the retail inflation in the United States went up by quite a bit in the recent past.

I live in a 3rd world country and inflation here is much worse than in the US. But inflation is a global problem, as are the consequences of covid. To some extent, these are inevitable problems like natural disasters that we have little control over (although this sounds strange regarding finance/inflation). But when politicians oppress real workers and redistribute wealth in favor of parasites, this is already the point where the patience of most people can burst.