Next US president pro-bitcoin?

[BIN-BIN]

It depends on the support the candidate enjoys from the public, if a verse majority of his supporters are also pro-Bitcoin then there is a possibility Bob will win because most of US citizens are already pro-Bitcoin all they needed is more orientation and legal backing.

[davis196]

What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."

Would Bob get elected? Or would majority of people not like Bob?

The next US president is going to be:
A.Kamala Harris
B.Some republican candidate,maybe Donald Trump or maybe someone else.
I don't think that Kamala Harris is pro-Bitcoin and Donald Trump is definitely anti-Bitcoin.
The republicans aren't pro-Bitcoin as well.
Anyway,it doesn't matter that much,if the future US president is pro-Bitcoin or not.Trump was anti-Bitcoin,but Bitcoin was having a good time,under the Trump administration.

[imstillthebest]

if that country has lots of bitcoin users then bob has a good chance to get elected but we arent still sure tho if bob is telling the truth and he will commit his promises because this is the problem of many officials that they are only good at making false promises .
anyway is the present president of the u.s are into bitcoin ? i remember he said something positive about btc before so u.s must be a good place right now for btc users .

[Wong Gendheng]

It depends on the support the candidate enjoys from the public, if a verse majority of his supporters are also pro-Bitcoin then there is a possibility Bob will win because most of US citizens are already pro-Bitcoin all they needed is more orientation and legal backing.

He will look at the public situation, if there is no special issue about bitcoin then he will be silent, the candidate must focus on the goals to be achieved, as long as it is not a public issue then the campaign to attract public sympathy is more profitable, of course we hope whoever the US president not too regulated about crypto.

[kryptqnick]

Americans are a proud nation, and the US dollar is a part of this national pride. So unless dollar hyperinflates over the next 4 years (which is unlikely, but not impossible after all that printing), running for presidency with a plan of getting rid of dollar would kill one's prospects of becoming the President. If it's about allowing people to use Bitcoin along with dollar, that might be a different story, but I'm not sure if people will care enough about this. Moreover, let's not forget that US is a democracy with strong institutions in place that create checks and balances. So even if the President wants to replace dollar with Bitcoin, chances are, it won't lead to anything because different people have a say in this.

[ropyu1978]

if it is true that the next US president is pro bitcoin, maybe there is a shrimp behind a rock, most likely the president has a specific purpose, for sure they are doing it for their own interests,, once they have been elected, they will surely forget their promise, even though there is sweet promise from a famous person, you should not swallow it right away, but we taste and consider it first, because sweet is not necessarily medicine..

[kidbounty]

What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."

Would Bob get elected? Or would majority of people not like Bob?

I think it's difficult. being a crypto fan won't bring much support. so this is not a determinant of whether he will be elected or not. because crypto is not an important issue in every presidential election. Just look at yesterday's election, how did Biden increase his popularity. although he mentioned crypto, but he did not make crypto an important discussion. he only focuses on immigrant and other social issues.

[AicecreaME]

What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."

Would Bob get elected? Or would majority of people not like Bob?

I don't think that bitcoin will tip the tide for any presidential candidate, yeah good that one of his platform is to adopt legal tender. But there could be some opposition against it in the US. So not a sure fire platform for anyone. So 50/50, others might like it, and others don't. And US being a superpower, I doubt that they are going to adopt bitcoin as legal tender, for them dollar is still the world currency.

Valid point. Not everyone likes and is knowledgeable enough about crypto. There are many people who are, as a matter of fact, loathes its existence. Hence, using this as a platform will not really guarantee a vote from the citizens  because there is always an opposition that always try to bring platforms and projects down the moment they learned about it because they think it is not beneficial and just harmful. In addition, dollar is still the leading currency among every currency. It is still the global reserve asset. It is backed by the government and the central organizations. Surely, they won't just allow bitcoin to take over that instant. Given that bitcoin's nature is volatile and decentralized. I really don't think they would do such move that can compromise their very own currency.

[swiftbits]

I think it's too early for president to be so pro-bitcoin. Most of old people will not vote for him if he'd openly say that he supports bitcoin. And if he will takes it as a secret and reveal after selection a lot of people will be dissapointed too.

For me, the political parties are very separated. their views differ. The platform might be bigger now, but the opposition will be bigger too, bitcoin will be overanalyzed by the other parties, which might ruin its reputation. US dollar is also dominating the market for so long, they will still keep it for the sake of their pride. In my opinion, if they are pro-bitcoin, it would be great if they could at least emphasize the commodity of bitcoin, not just another payment alternative that might leave a bad impression on non-informed people due to its volatility.

[mindrust]

What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."

Would Bob get elected? Or would majority of people not like Bob?

Since btc and usd are competing against each other, a pro-btc president would mean an anti-USD president. Since the USD is the default currency of the United States, you can't expect the president to be anti-USD. This would be considered treason probably. Everybody likes crypto but let's don't be silly. It is not going to happen.

[Fortify]

What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."

Would Bob get elected? Or would majority of people not like Bob?

The next president is never going to come out with such a statement, not in the next century at least. The US dollar is the worlds reserve currency, meaning a lot of other countries trust it as a relatively stable asset in an increasingly turbulent world - they're happy to convert their own cash, at whatever the prevailing rate is at, into dollars and even have it slowly inflated away by "quantitative easing" (aka money printing). Having control of the reserve currency of the world is an unbelievable gift to America and gives them control over all sorts of financial levers that other countries will never have. No sane government official in the US would ever suggest such  thing, as best it might be begrudgingly allowed as an asset but even then - it simply does not have anywhere near the transaction power needed for everything taking place each day even in a small country.

[suboo112123]

What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."

Would Bob get elected? Or would majority of people not like Bob?

The next president is never going to come out with such a statement, not in the next century at least. The US dollar is the worlds reserve currency, meaning a lot of other countries trust it as a relatively stable asset in an increasingly turbulent world - they're happy to convert their own cash, at whatever the prevailing rate is at, into dollars and even have it slowly inflated away by "quantitative easing" (aka money printing). Having control of the reserve currency of the world is an unbelievable gift to America and gives them control over all sorts of financial levers that other countries will never have. No sane government official in the US would ever suggest such  thing, as best it might be begrudgingly allowed as an asset but even then - it simply does not have anywhere near the transaction power needed for everything taking place each day even in a small country.

It is true for now but in near future, the BTC will be the king of the financial world. The BTC is already the most valuable currency in the world. anyone can't change that the next financial world is dealing with crypto and every physical currency will be die in near future.

[Shenzou]

What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."

Would Bob get elected? Or would majority of people not like Bob?

For a president to like or hate bitcoin is not gonna change a lot, he may have some young supporters who are getting into cryptocurrency, but whether he has intention to use it  and goes with it to the congress to make some laws pro crypto or make crypto as a legal tender, because all the congress members need to pass it, and we know that it won't happen because it goes against their profits so they will never replace fiat with crypto

[Sunyoto]

What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."

Would Bob get elected? Or would majority of people not like Bob?

If most people in the US are pro with Bitcoin, then He will definitely be elected.  
And if He were elected, it would have had a tremendous effect, both in US itself and throughout the world.

[mich]

If the next US Presidential candidate is pro Bitcoin it could have a very positive impact on the adoption of crypto currencies in general.

I believe many people would feel safer to enter the space.

Personally, I think a presidential candidates endorsement would legitimatize BTC in a new way for many people and would result in more people  entering the market and the price could radically increase.

[conected]

What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."

Would Bob get elected? Or would majority of people not like Bob?

I think it's difficult. being a crypto fan won't bring much support. so this is not a determinant of whether he will be elected or not. because crypto is not an important issue in every presidential election. Just look at yesterday's election, how did Biden increase his popularity. although he mentioned crypto, but he did not make crypto an important discussion. he only focuses on immigrant and other social issues.

- His mention is also just an ideological background on progress and future updates but his support cannot start from such thoughts, americans pay more attention to what a president can do for them after they support, social policies and political regulation are more necessary topics, determining which countries to partner with and which countries to become enemies with. Overall, bitcoin is probably a hobby and people wouldn't use such a subjective factor to sum up for an election.

[oHnK]

Overall, bitcoin is probably a hobby and people wouldn't use such a subjective factor to sum up for an election.

A US presidential candidate supports Bitcoin in terms of thinking, in my opinion it is quite a strange thing because constitutionally, the leader of the country will be more pro with the economic system that has been passed down or centralized.  How can he support even if only in a mindset, maybe if you understand bitcoin then it's normal but it's a different story if you support it.  Fundamentally, Bitcoin is difficult for regulators to accept.

[famososMuertos]

I think the classic viral contagion can be very El "Salvador" · and it begins to penetrate our minds

I think you don't need a pro bitcoin president to carry or achieve goals with bitcoin in what he believes he can do, the "Bob" can be in any productive area of life, in fact, and boy! than in the U.S. they have managed to channel individual-business success in the mirror of many presidents.

Q1: No. Q2 it is like asking the same thing but in a different context.

[Momotajul]

The business of electing the president of the richest country in the world is not just gaining support with bitcoin.  It depends a lot on the inflation line. Too many Kiwis weaken the US dollar.  This national candidate will lose, if it gives up the USD and replaces it with bitcoin, I think.

[Gyfts]

What would happen if someone, lets say Bob. Goes out and says "We got a problem. Previous governments have been doing too much QE. Inflation is going wild. We will now adopt Bitcoin as legal tender."

Would Bob get elected? Or would majority of people not like Bob?

The next US president is going to be:
A.Kamala Harris
B.Some republican candidate,maybe Donald Trump or maybe someone else.
I don't think that Kamala Harris is pro-Bitcoin and Donald Trump is definitely anti-Bitcoin.
The republicans aren't pro-Bitcoin as well.
Anyway,it doesn't matter that much,if the future US president is pro-Bitcoin or not.Trump was anti-Bitcoin,but Bitcoin was having a good time,under the Trump administration.

Donald Trump will not be the 2024 candidate nor will he be President.

And yeah, you're right, Republicans are not pro-Bitcoin.

Most American politicians don't care about Bitcoin because they are in the corporate wallet of the big banking institutions. Keep in mind, their congress just passed an infrastructure bill which included a provision on miners and some intermediaries to fill out tax information with the IRS in an effort to generate more revenue off the crypto markets - safe to say no American politician will ever be pro-Bitcoin. You need that corporate funding somehow, and it isn't going to come being pro-decentralization of the big banks.

Also, USD is quite literally on the verge of collapse depending on how the next few years go with inflation, and it's in the best interest of the American government to prop up USD as long as they can.