New US presidents are privacy-friendly?

[Leviathan.007]

It's just a simple decision and as far as I know it's not confirmed yet. Since Biden didn't start to work and make important decisions yet. We do need to wait for the confirmation to  sure this gonna be happen. However, Biden seems to be more bitcoin friendly than Trump, not specifically himself but there are some bitcoiners between his cabinet I guess. That's why during this time after Biden started to work the bitcoin price can rise more and there will be more interest between people. However, these are just some theories and we need to wait to see what gonna be happen.  

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[TheGreatPython]

The US is one of the countries with the largest crypto market in the world.  we all know that since the previous president's leadership, the US is very unfriendly to privacy, with the freezing of rules from the previous rule makers as if it is giving fresh breath to businessman and crypto traders. 

If they can do that, it will be much better. Although I still think there are people who are going to misuse that word, ‘privacy’, if it’s given to them. I think it’s always good to consider both sides of things before making a decision. I will be happy if they will do anything that will help promote cryptocurrency in any way possible.

Let’s wait till they have reviewed the rules and we will see what action they are going to take, that will help us know for sure what kind leaders they are, and whether the next four years of their rule is going to favour crypto or not.

[target]

The US is one of the countries with the largest crypto market in the world.  we all know that since the previous president's leadership, the US is very unfriendly to privacy, with the freezing of rules from the previous rule makers as if it is giving fresh breath to businessman and crypto traders. 

If they can do that, it will be much better. Although I still think there are people who are going to misuse that word, ‘privacy’, if it’s given to them. I think it’s always good to consider both sides of things before making a decision. I will be happy if they will do anything that will help promote cryptocurrency in any way possible.

Let’s wait till they have reviewed the rules and we will see what action they are going to take, that will help us know for sure what kind leaders they are, and whether the next four years of their rule is going to favour crypto or not.

They will still continue what was started, they all see crypto to be regulated and there will be no privacy for it. All governments right now are up to regulated the cryptocurrency market, if people manage to profit from any investment they have the government will do everything they can to take what they could that belongs to them.  Biden is no different.

[KEN K]

The new president is more emotionally stable than the previous president (this is a very good advantage). Although he may not support cryptocurrency, he at least maintains a neutral attitude.

[vaultman]

I don't think any president should be expected to increase anonymity in any area of the Internet. The president is just a person appointed as the head of the country, and those who actually rule the world are always in the shadows. In general, there is a tendency towards an increase in government control and a decrease in privacy and anonymity on the Internet, some laws are constantly being adopted in this direction, and so on. We are all being prepared for digital slavery.

[CarnagexD]

I'd still take Biden any day compared to Trump, at least the guy had the guts to ensure that something he would like to impose a rule on is researched well and not just be thrown a cease and desist order on. After all anonymity doesn't equate good internet environment. At times it's much more adequate to have some form of identification, now what they do with our information, that I don't want to delve into this topic anymore.

[AndySt]

I don't think any president should be expected to increase anonymity in any area of the Internet. The president is just a person appointed as the head of the country, and those who actually rule the world are always in the shadows. In general, there is a tendency towards an increase in government control and a decrease in privacy and anonymity on the Internet, some laws are constantly being adopted in this direction, and so on. We are all being prepared for digital slavery.

It's not even a matter of who really runs the state according to all sorts of conspiracy theories. The president, like any government official, is a representative of the state system, and the state is always interested in having as much information about its citizens as possible, and unfortunately, at first, some elements of the so-called digital slavery cannot be avoided until there are tools to combine the interests of an individual citizen and the state for mutual benefit.

[BrianH]

Biden is a Communist and all Communists like to tax as much as possible. Look at what happened to the US's healthcare under Obama.

Biden's Treasury Secretary, Janet Yellen, said "crypto should be curtailed" and it is "mainly used for illegal financing". This does not sound good for Bitcoin:
https://www.msn.com/en-us/money/markets/janet-yellen-suggests-curtailing-cryptocurrencies-such-as-bitcoin-saying-they-are-mainly-used-for-illegal-financing/ar-BB1cVd1R

The crypto market tanked on the news. Monero was especially hurt.

Yellen used to run the Federal Reserve and she will continue the marriage of the Federal Reserve and the Treasury that began under Trump.

Crypto competes with the dollar. The Federal Reserve is all about inflating the dollar. Yellen won't like the competition.

My hunch is that Biden/Yellen will not be friendly to crypto.

[Princejebs]

The new president is more emotionally stable than the previous president (this is a very good advantage). Although he may not support cryptocurrency, he at least maintains a neutral attitude.

It's too early to speak for most of this actions, presidency is something as a body, even if he is an emotional person, a proper review will be conducted before any legal actions will follow, if the body report otherwise, that's the final decision.
People seems to love Biden perhaps because he is calm but they shouldn't forget that green snake are dangerous. Trump was playful when he came to office and later changed his ways.

[BigBoy89]

It's not a wrong decision to block the proposals until future review.

But IMO Biden's administration is not so privacy-friendly. One of the first goals is to increase taxes. To raise taxes and collect more taxes, you have to know where people hold their 'hidden' money; thus, privacy is a 'bad thing'.

[plemechton]

Biden Is Expected to Keep Scrutiny of Tech Front and Center Issues like antitrust and privacy would remain on the agenda as his administration pursued policies to limit the power of the industry’s giants.

[Prettyjing3]

Biden has appointed Janet Yellen to succeed Treasury Secretary, but she made critical remarks this week, saying that cryptocurrencies are “mainly used for illegal financing”

[redsun114]

Hell no. Even though I would pick Biden over Trump a million times, both of them are very very against privacy because it is something governments can't allow. Sure you and me could be using privacy so that we can feel a lot more secure and not want to be watched by facebook and whatever else follows us online, however reality is that privacy could be abused by people doing illegal things and that is why every government will always be against it.

Biden will be great for the nation as a whole, democrats are always great for the whole nation instead of just few rich people and minority, they always care about the whole population instead BUT when it comes to privacy neither republicans nor democrats will help you, it will always be something they will fight tooth and nail all together, for them it is a bipartisan issue that they will tackle together.

[so98nn]

I see many today who hate corporations. They hate US big tech and hate billionaires. They derive all of their information and views from mainstream media.

Who owns mainstream media? Corporations, US big tech and billionaires.
[...]

I see a good thing in this news. If they own it then they control it and US is country of free bets where rich pips can invest almost in any form of assets. Government wont go and impose hard regulations on the crypto for one main reason and that's profitability of rich people! Think closely, if rich people (billionaires) are investing then they would be getting back millions in their bank accounts as profit. For this they will be filing the taxes every year which in turn huge income for the government in first place. The question is why would government go rogue against crypto investors if it is their own profit indirectly? Deep down there has to be portion of government in the crypto world whose making loads of money for their own benefits. 

[atjiat]

I see many today who hate corporations. They hate US big tech and hate billionaires. They derive all of their information and views from mainstream media.

Who owns mainstream media? Corporations, US big tech and billionaires.
[...]

I see a good thing in this news. If they own it then they control it and US is country of free bets where rich pips can invest almost in any form of assets. Government wont go and impose hard regulations on the crypto for one main reason and that's profitability of rich people! Think closely, if rich people (billionaires) are investing then they would be getting back millions in their bank accounts as profit. For this they will be filing the taxes every year which in turn huge income for the government in first place. The question is why would government go rogue against crypto investors if it is their own profit indirectly? Deep down there has to be portion of government in the crypto world whose making loads of money for their own benefits. 

You really said everything very correctly, but you should pay attention to one point, which indicates that all these businessmen and billionaires you are talking about do not want and do not like to pay taxes. If they can use cryptocurrency for enrichment, then they will have the opportunity to avoid taxation, and in order for the tax service not to find out about this, it is necessary to deprive the state of any control over the cryptocurrency, and this means to prevent the legalization of cryptocurrencies with the help of any resources via KYC.

[pixie85]

Biden has appointed Janet Yellen to succeed Treasury Secretary, but she made critical remarks this week, saying that cryptocurrencies are “mainly used for illegal financing”

Another proof that the governments are usually against privacy and free markets. They are also against free speech and supporting big corporations that are censoring or banning people.

Politicians know these corporations have great influence and will not hesitate to use them against their political rivals or other countries. Look what they did to Huawei but when the NSA was spying on German Chancellor it was all fine.

[AndySt]

Biden has appointed Janet Yellen to succeed Treasury Secretary, but she made critical remarks this week, saying that cryptocurrencies are “mainly used for illegal financing”

Another proof that the governments are usually against privacy and free markets. They are also against free speech and supporting big corporations that are censoring or banning people.
Politicians know these corporations have great influence and will not hesitate to use them against their political rivals or other countries. Look what they did to Huawei but when the NSA was spying on German Chancellor it was all fine.

This is not surprising, and in any state, persons engaged in espionage from "evil spies" magically turn into "valiant scouts" if they work in your favor As for privacy, I would like to recall recent stories when the same persons in the service of public bodies oppose privacy, but after being dismissed and joining private companies, they suddenly immediately become ardent advocates of privacy for citizens.

[dothebeats]

Mnuchin's proposal re: self-hosted wallet and all things involving cryptocurrencies were made on the last minute of Trump's administration. Perhaps it was a last-ditch effort to save some votes on the election and wasn't even thoroughly studied. Most last-minute regulations, laws, policies, and whatnot are reviewed by the upcoming admin. Some of them revoked, some are paused, while others were altered in a way that they see fit. Perhaps that's what Biden is currently doing: making changes on what his admin sees fit on Mnuchin's proposal. This doesn't mean that all of a sudden, the government would be privacy-friendly just because they froze the proposal. Right now, the only thing that we know is that Biden and his admin have a lot of things to tackle first before they get into the grey area of crypto.

[shield132]

Forget privacy-friendly president or parliament or the government overall. It will never happen and I'll explain why:

The three main targets for the politicians when it comes to an advertisement industry is the following: Collect the data, get more information about voters and exert an influence on them. In order to collect information, parties may use their own, special pre-election applications. Sometimes, they directly buy or get data as a gift from the commercial sector. Those, who have more money or connections, can get more information. Collected data gives politicians the possibility to know what voters like or dislike and what kind of messages are more sensitive for them.

To say shortly, information about voters is one of the most valuable things for politicians, they do everything to win the campaign, that's why no one will be privacy-friendly.

[crzy]

Privacy? Do you even have facebook? Then I guess there’s no such privacy anymore because of so many incidents before and even if Biden wants things to be more private, government will still find its way and of course banks will not let you to become more private. Our only of hope is the cryptomarket which I think can’t be regulated by any government, this is the future.