Biden administration will kill Bitcoin! Says Ron DeSantis.

[Basiyu]

Florida Gov. Ron DeSantis officially launched his presidential campaign on Wednesday evening, setting out his priorities during a glitch-filled Twitter Spaces event with Elon Musk. His statement included familiar red meat for the Republican base, including tirades over Disney and “woke” corporations but also an extended riff on crypto.

“You have every right to do Bitcoin. The only reason these people in Washington don’t like it is because they don’t control it…I think that the current regime, clearly they have it out for Bitcoin, and if it continues for another four years, you know, they’ll probably end up killing it,” he said, while claiming Bitcoin is a threat to the “central planners” in the Biden administration who wish to control everything.

Is Ron DeSantis right about his comments or wrong?
:https://www.google.com/url?q=https://fortune.com/crypto/2023/05/25/ron-desantis-goes-crypto-says-the-biden-administration-will-kill-bitcoin/&sa=U&ved=2ahUKEwjrvNr1spH_AhWERsAKHaxGCCAQxfQBegQIBRAC&usg=AOvVaw3bNq-oiqKE2fQqGPCC0o0U

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[Onset]

They can only put a barrier in Bitcoin’s growth and adoption but they can’t kill it. I don’t know what to say about this guy’s comments, you hear all sorts of comments from all sorts of dems and reps and governants ranging from the most logical to even some of the craziest conspiracies..

They’ll try drowning Bitcoin and they’ll probably partially succeed at some point, but only temporarily. Let’s be honest here with ourselves, the Biden  administration probably doesn’t even understand Bitcoin, if anythig they’ll create laws that aren’t even fitting the way Bitcoin works, for a proper legislation we need governants a little younger than fossiles….

[uneng]

The comments might be right, but what is the point since he can change his speech as soon as he takes a new position on the political environment? Just like Trump did. During the elections he gave hints he was a Bitcoin supporter, however, once he became president he said he was a full supporter of Dollar currency and that Bitcoin was a threat to Dollar, so he couldn't endorse it. At same time, ironically, his wife was launching a collecting of art pieces on Solana Blockchain.

Politicians are constantly changing their opinions about everything, depending the currently scenario. What they say is actually irrelevant, as are the catastrophic prophecies they make about their rivals. Nothing is going to be so bad like they predict in case their rivals win, neither so good like they predict if they win...

[Zlantann]

Florida Gov. Ron DeSantis officially launched his presidential campaign on Wednesday evening, setting out his priorities during a glitch-filled Twitter Spaces event with Elon Musk. His statement included familiar red meat for the Republican base, including tirades over Disney and “woke” corporations but also an extended riff on crypto.

“You have every right to do Bitcoin. The only reason these people in Washington don’t like it is because they don’t control it…I think that the current regime, clearly they have it out for Bitcoin, and if it continues for another four years, you know, they’ll probably end up killing it,” he said, while claiming Bitcoin is a threat to the “central planners” in the Biden administration who wish to control everything.

Is Ron DeSantis right about his comments or wrong?
:https://www.google.com/url?q=https://fortune.com/crypto/2023/05/25/ron-desantis-goes-crypto-says-the-biden-administration-will-kill-bitcoin/&sa=U&ved=2ahUKEwjrvNr1spH_AhWERsAKHaxGCCAQxfQBegQIBRAC&usg=AOvVaw3bNq-oiqKE2fQqGPCC0o0U

Ron DeSantis is a governor of one of the popular states in the United States which means he is an insider. I don't doubt anything he said about the attacks on Bitcoin by the government because they lack control over it. But I am not sure a single government can be able to kill Bitcoin as Ron DeSantis claims. My only problem with politicians is that their campaign promises will always differ from their policies if they grab power. I don't trust politicians so I am assuming that his comments on Bitcoin might be a strategy to attract the younger generation to support and vote for him. We are not sure that if he gets to the White House he wouldn't also want to control everything. But if his words are genuine then it will be a plus to us if he wins the presidential elections it. But I doubt if is popular enough to win Trump in the Republican presidential primaries.

[Zaguru12]

Ron DeSantis is a governor of one of the popular states in the United States which means he is an insider. I don't doubt anything he said about the attacks on Bitcoin by the government because they lack control over it. But I am not sure a single government can be able to kill Bitcoin as Ron DeSantis claims. My only problem with politicians is that their campaign promises will always differ from their policies if they grab power. I don't trust politicians so I am assuming that his comments on Bitcoin might be a strategy to attract the younger generation to support and vote for him. We are not sure that if he gets to the White House he wouldn't also want to control everything. But if his words are genuine then it will be a plus to us if he wins the presidential elections it.

I just think too that this is just campaign strategy to get bitcoiners behind. Man isn’t an outsider of the government and he didn’t speak against the treatment of bitcoin and cryptocurrency but all of a sudden he is doing so now in almost all this campaign rallies, this looks more like a political campaign strategy to me.

In as far US leaning towards bitcoin will surely aid the faster growth of bitcoin adoption because they are the current super house, I still think their decision can’t crumble bitcoin. Bitcoin isn’t a dollar thing that they have total control over but a global currency that is adopted without force by its users. Both the Chinese and US governments have been hostile to bitcoin since and still it grows in number mostly in this two countries more, this shows that a national policy against bitcoin or cryptocurrency will only make its adoption slow but will not crumble it.

Is Ron DeSantis right about his comments or wrong?
:https://www.google.com/url?q=https://fortune.com/crypto/2023/05/25/ron-desantis-goes-crypto-says-the-biden-administration-will-kill-bitcoin/&sa=U&ved=2ahUKEwjrvNr1spH_AhWERsAKHaxGCCAQxfQBegQIBRAC&usg=AOvVaw3bNq-oiqKE2fQqGPCC0o0U

OP here is how to add a link to a post.
Tab on 🌎 icon and the place you link in between the both url in parentheses
Quote my post to see this https://www.google.com/url?q=https://fortune.com/crypto/2023/05/25/ron-desantis-goes-crypto-says-the-biden-administration-will-kill-bitcoin/&sa=U&ved=2ahUKEwjrvNr1spH_AhWERsAKHaxGCCAQxfQBegQIBRAC&usg=AOvVaw3bNq-oiqKE2fQqGPCC0o0U

[ultrloa]

Florida Gov. Ron DeSantis officially launched his presidential campaign on Wednesday evening, setting out his priorities during a glitch-filled Twitter Spaces event with Elon Musk. His statement included familiar red meat for the Republican base, including tirades over Disney and “woke” corporations but also an extended riff on crypto.

“You have every right to do Bitcoin. The only reason these people in Washington don’t like it is because they don’t control it…I think that the current regime, clearly they have it out for Bitcoin, and if it continues for another four years, you know, they’ll probably end up killing it,” he said, while claiming Bitcoin is a threat to the “central planners” in the Biden administration who wish to control everything.

Is Ron DeSantis right about his comments or wrong?
:https://www.google.com/url?q=https://fortune.com/crypto/2023/05/25/ron-desantis-goes-crypto-says-the-biden-administration-will-kill-bitcoin/&sa=U&ved=2ahUKEwjrvNr1spH_AhWERsAKHaxGCCAQxfQBegQIBRAC&usg=AOvVaw3bNq-oiqKE2fQqGPCC0o0U

Ron DeSantis is a governor of one of the popular states in the United States which means he is an insider. I don't doubt anything he said about the attacks on Bitcoin by the government because they lack control over it. But I am not sure a single government can be able to kill Bitcoin as Ron DeSantis claims. My only problem with politicians is that their campaign promises will always differ from their policies if they grab power. I don't trust politicians so I am assuming that his comments on Bitcoin might be a strategy to attract the younger generation to support and vote for him. We are not sure that if he gets to the White House he wouldn't also want to control everything. But if his words are genuine then it will be a plus to us if he wins the presidential elections it. But I doubt if is popular enough to win Trump in the Republican presidential primaries.

They cannot kill it but they can make it drop if they drop a heavy action like banning it and put penalty to the people which continuously using it.

But the same issues happen on bitcoin they cannot successfully kill it since for sure after those actions they made people will just forget the fud about the possible action made by US government and they continue to invest and make bitcoin grow.
To bad old people is not open on financial system improvement and they want people to stick around with old system. If all bitcoin users will protest against those people who want to take out bitcoin on their country for sure on next election they will be eliminated on their seats.

[AmoreJaz]

The comments might be right, but what is the point since he can change his speech as soon as he takes a new position on the political environment? Just like Trump did. During the elections he gave hints he was a Bitcoin supporter, however, once he became president he said he was a full supporter of Dollar currency and that Bitcoin was a threat to Dollar, so he couldn't endorse it. At same time, ironically, his wife was launching a collecting of art pieces on Solana Blockchain.

Politicians are constantly changing their opinions about everything, depending the currently scenario. What they say is actually irrelevant, as are the catastrophic prophecies they make about their rivals. Nothing is going to be so bad like they predict in case their rivals win, neither so good like they predict if they win...

and with such consideration, politicians change their views depending on what they see will be of advantage to their situation. so yeah, they will always change their stance so long it will benefit their position.
so in my opinion, we should not take their comments seriously and based our next steps because of that. whatever their opinion right now may be different couple of months down the road. do take note also that even bigger economy like china can't kill bitcoin. how much more of just a politician only?

[romero121]

As 2024 is fast approaching, we can see more political people giving words on bitcoin. Here we'll be able to understand the right and wrong about the bitcoin. Some statements look like they're against bitcoin and cryptocurrency. Being decentralised the bitcoin network will continue to grow amidst the support and opposition. Very few country have got the power to adopt and legalise the usage of cryptocurrencies. For now USA will follow similar political policy after the election. What they come up during the election were just temporary confrontation.

[cabron]

It wouldn't be surprising to learn there is some truth to what Ron is saying after all we are seeing countries collapsing thru recession, Germany is starting to fall which they may also have their own recession.

US as well has plans for they usually raise debt ceiling but this time they are about to default. All planned to keep raising interest rate and people lose jobs, this is a synchronized recession for what purpose?

Maybe its true to kill BTC.

[ImThour]

Bitcoin is decentralized and no one controls it. And I am sure, Biden or any other president of any country can never kill Bitcoin.
Instead of going against it, they should focus on going with it just like other countries which have already adapted Bitcoin or like Dubai, the city which is going to lead the crypto world.

[Poker Player]

The pity is that it looks like DeSantis won't be the next candidate for the Republican party and Trump doesn't seem to like Bitcoin. Neither him nor Biden. Hopefully somehow the tables will turn and he can be the nominee. A pro-Bitcoin US president would be awesome.

[franky1]

at this present moment the BS cartel (DCG(barrysilbert/blockstream) do control many aspects of bitcoin.
everything from:
exchanges(coinbase and grayscale) who custodianise the most coin
code(blockstream and subsiduaries like chaincodelabs and brink) who control the code upgrades
miners(foundry) who have the most hashpower
tx blacklisting(chainanalysis) who watchlist dirty coins and report that to exchanges and regulators to watch

that group have changed bitcoin to be expensive to use and exploited to bloat bitcoin to make normal people not enjoy using bitcoin as much as previous years, whilst the group advertises another network as the fix for their experimental  exploits on bitcoin, to get people to abandon bitcoin and move over to other networks.. other networks that charge man-in-the-middle fees for processing payments... they dont want to apply fixes to bitcoins active ruleset because that goes against their business plan of other network adoption.

so come to that realisation that bitcoin is vastly more controlled by a US cartel.

those lobbyists of that group are actually paying government to make regulations. not prevent regulations

and yes the cartel was also part of helping create barriers of entry such as the NYLicence meaning small businesses were priced out of being able to afford a licence to operate in NY

right now at a regulatory point. bitcoin is as open as it can be to bitcoiners. however a new president is not going to remove other regulations to make bitcoin "us friendly". he instead will apply more. pretending to be friendly whilst actually causing barriers of entry
EG to serve americans, an international company will need a US licence which comes at more expense than a us-domestic business would need to pay. due to international costs of getting auditors to travel to distant destinations to audit non-us companies using bitcoin
(look how the US is treating binance soo much differently than coinbase)


making bitcoin US friendly. is not about zero regulation, zero control, zero fee licences. zero tax
its about more regulation, more international tarrifs. where by being "US-friendly" is  that domestic US businesses will get tax reliefs, licence discounts and such, whilst international companies not wanting to have a US HQ base. will be charged higher costs for serving americans. because thats how americans act towards international projects/communities in regards to the phrase "US friendly"
after all its not worded "US will be internationally bitcoin friendly"

[worle1bm]

The title is misleading according to me as Biden government can put legal restriction on it but can't kill it because they don't have any control over it so how come they can do such thing? They can act as obstacle like putting ban on its usage or more strict laws against it but still btc will be used in other parts of world.But frankly saying they won't put complete ban on it as they might be against mining operations with all their lame excuses but not btc as they can also benefit from it in one way or other.See how others react to it when it comes to politics.

[Z-tight]

Maybe its true to kill BTC.

Pro bitcoiners please take note that everything isn't about BTC, how is inflation, recession and debt caused by covid and the war a way to kill BTC, and some of you usually say that all these things are good for BTC, now you are saying it is a way to kill BTC. It is irrational because inflation, recession and debt is a global issue at the moment, and each country is trying to fight it and steady their economy, it has nothing to do with killing BTC.

[retreat]

Actually, if America were to ban Bitcoin and Altcoins, it would be detrimental to them because we know that many crypto companies are located in America, and now America is one of the countries with large crypto transactions, so just imagine if the Biden government or whoever it is bans crypto. Moreover, America is a democratic country which frees its citizens to be able to choose what is best for them, and that includes cryptocurrencies. So it is a big mistake for any American president to ban crypto.

[franky1]

Maybe its true to kill BTC.

Pro bitcoiners please take note that everything isn't about BTC, how is inflation, recession and debt caused by covid and the war a way to kill BTC, and some of you usually say that all these things are good for BTC, now you are saying it is a way to kill BTC. It is irrational because inflation, recession and debt is a global issue at the moment, and each country is trying to fight it and steady their economy, it has nothing to do with killing BTC.

no one is talking about recessions and covid

what they are saying is when US wants to TAX BITCOIN MINING that is a direct hit on bitcoiners.
however they also want to give tax relief to miners that are green/sustainable.. thus a form of control
such as international(non US miners) wont get the tax relief because auditing them would cost more compared to domestic miners.
thus it incentivizes miners to put asics inside the US, in "green states" to centralise mining more.. for tax purposes(cheap audit and reliefs)

[KiaKia]

What if he changes his speech once he gets elected? Anyway, the same goes to all other candidates that are supporting Bitcoin right new, I want to know how this administration will kill Bitcoin though.

This is just US only, and Bitcoin is something that is everywhere around the world.

if they don't want Bitcoin that doesn't mean they killed it, they will put ban on Bitcoin and other countries will embrace Bitcoin, this is the worst that can happen, as you can see, US will be left to struggle in the end because all big crypto companies in the country will have to leave and find another country to operate from, US will end up been the real loser.

If they can't control something, they should learn to make something from it, if this news is true then the Biden administration is the most foolish one among the rest.

[Dunamisx]

“You have every right to do Bitcoin. The only reason these people in Washington don’t like it is because they don’t control it…I think that the current regime, clearly they have it out for Bitcoin, and if it continues for another four years, you know, they’ll probably end up killing it,”

If they can't kill it within their first four years in office then the next forty or four hundred years they can't kill bitcoin because it still remained decentralized and as long as the network never stop working in consensus to it protocols nothing can stop it, no amount of attacks, hack or threats can make impact on a decentralized network like bitcoin.

he said, while claiming Bitcoin is a threat to the “central planners” in the Biden administration who wish to control everything.

Not only their government but every selfish interest governments that's is in power will want the continuity of fiat currencies over bitcoin because they can source their own cut through such means under political power and influence they share among themselves, they are after their own not minding about how the masses can enjoy financial freedom since they are the stumping block against it

[pooya87]

“You have every right to do Bitcoin. The only reason these people in Washington don’t like it is because they don’t control it…I think that the current regime, clearly they have it out for Bitcoin,

For starters he is part of the same regime, he is coming from outside in a different political party or anything like that. In simple terms he is a cog in the same machine. Assuming he takes the office (although impossible) he is not going to be allowed to do anything differently nor would he want to. The US dictatorship dubbed democracy runs and thrives on full control that the regime has on every aspects of their "subjects" lives. Specially their monetary transactions. Bitcoin threatens that control hence is a threat to the dictatorship regardless of who is in the office.

As for "killing bitcoin", it is not possible. They can fight bitcoin, harm it and postpone its mass adoption as they want but they will not be able to kill it.

[Z390]

They can't kill Bitcoin, they can only pretend such doesn't exists, forcing their people in the country to stay away from Bitcoin, I guess the person that says this statement that we are discussing has too less idea about Bitcoin.

If you don't want bitcoin, it's fine, someone else will, but just because you don't want and hate it doesn't mean every other people in the world should do the same.

They should leave Bitcoin for those that like and want Bitcoin, it's not by force, Bitcoin can't be killed.

[Ayers]

The United States is indeed the most powerful country in the world, but in the end, they are only 1 out of hundreds of countries, while bitcoin has been and is everywhere. I wonder how they can kill bitcoins?

The only way to destroy the entire bitcoin network is for all governments to unite and destroy it. But unfortunately, that will never happen, the US has a lot of allies, but they also have a lot of enemies, so not that they don't like bitcoin means the rest of the world will reject bitcoin too. Their power is under threat from economic to military, and if they ban bitcoin, they will be even more backward than their enemies. No matter who will be the next president of the United States, but I believe they will not do that stupid thing.

[Wakate]

Florida Gov. Ron DeSantis officially launched his presidential campaign on Wednesday evening, setting out his priorities during a glitch-filled Twitter Spaces event with Elon Musk. His statement included familiar red meat for the Republican base, including tirades over Disney and “woke” corporations but also an extended riff on crypto.

If Bitcoin is going to be regulated then it might have a big effect on the entire cryptocurrency market if it affects the activities of investors. The market is never meant to be understand any government watch that is why we don't need any third parties to process our transactions for us.

“You have every right to do Bitcoin. The only reason these people in Washington don’t like it is because they don’t control it…I think that the current regime, clearly they have it out for Bitcoin, and if it continues for another four years, you know, they’ll probably end up killing it,” he said, while claiming Bitcoin is a threat to the “central planners” in the Biden administration who wish to control everything.

I just hope that whatever plans they are have Bitcoin and the entire cryptocurrency market would never work. Bitcoin is not meant to be controlled by the government so that it will not affect the major reason why it was created. The government are always there to make us look like we should always depends on them for everything which does not make any sense.

Biden is an old man and I don't expect him to contest again because that would be a jeopardy for the entire US citizens since he does not have major control of the office. He is being influence by people that put him on the seat.

[vv181]

The Biden administration can do anything with Bitcoin but obliterate it. They might put up strict and tight regulations, and watch the usage closely and concerningly, yet completely killing is nearly impossible. Bitcoin has robust mitigation development that is built to lessen any parties to be able overly controlling the protocol or networks. And I doubt the community and some people would freely let Bitcoin get killed.

One thing to bear in mind, as he runs for a presidential candidacy, he might exaggerate things to gain some partisan.

[avikz]

Florida Gov. Ron DeSantis officially launched his presidential campaign on Wednesday evening, setting out his priorities during a glitch-filled Twitter Spaces event with Elon Musk. His statement included familiar red meat for the Republican base, including tirades over Disney and “woke” corporations but also an extended riff on crypto.

“You have every right to do Bitcoin. The only reason these people in Washington don’t like it is because they don’t control it…I think that the current regime, clearly they have it out for Bitcoin, and if it continues for another four years, you know, they’ll probably end up killing it,” he said, while claiming Bitcoin is a threat to the “central planners” in the Biden administration who wish to control everything.

Is Ron DeSantis right about his comments or wrong?
:https://www.google.com/url?q=https://fortune.com/crypto/2023/05/25/ron-desantis-goes-crypto-says-the-biden-administration-will-kill-bitcoin/&sa=U&ved=2ahUKEwjrvNr1spH_AhWERsAKHaxGCCAQxfQBegQIBRAC&usg=AOvVaw3bNq-oiqKE2fQqGPCC0o0U

I don't know why the US thinks that they can do anything they want! Biden administration can surely Kill bitcoin but in the US! They can't kill Bitcoin worldwide. let's get this fact straight. They can do whatever they want, but only on US soil which has limited effect on the bitcoin network. It is decentralized for a reason and no single country can just shut it down as per their own will.

Bitcoin and crypto-related businesses will just move to countries like El-Salvadore or Singapore where the law is friendlier towards crypto businesses. They will gain out of it.

[coupable]

“You have every right to do Bitcoin. The only reason these people in Washington don’t like it is because they don’t control it…I think that the current regime, clearly they have it out for Bitcoin, and if it continues for another four years, you know, they’ll probably end up killing it,” he said, while claiming Bitcoin is a threat to the “central planners” in the Biden administration who wish to control everything.

This is nothing new about political statements when politicians target each other's visions within the scope of the competition for access to power. Bitcoin cannot be controlled, as you mentioned, and therefore it cannot be killed. With regard to the statements, they derive their credibility from the attack that the US authorities are carrying out against platforms that support crypto, and it is an attack that does not necessarily reflect the policy of the current president of the United States because if an event is capable of negatively affecting finances and the economy in general, then it is logical to target it.
I do not advise anyone to follow these statements or take them seriously, since Biden's competitors themselves can do nothing but target Bitcoin because it threatens the centralized nature of governance and decision-making.

[robattfield]

Maybe this is just a strategy he wants to announce when the campaign gets underway. This is not surprising given the fact that bitcoin is a rather sensitive subject, so his statement wants to attract the attention of people and investors related to bitcoin. As for bitcoin, it's hard to resist being shut down or scrapped by any single entity. So, instead of trying to kill it, why not accept it like some other countries are doing?

[suzanne5223]

Although Ron DeSantis made a correct statement he said the people in Washington don’t like Bitcoin because it is decentralized but he was wrong when he said they will end up killing it.
Having said that, what I see in most of his statement is just political strategy and every politician campaigning for President will always make people see him as someone that's good than the recent President.

[serjent05]

Biden administration may restrict Bitcoin adoption in America but Biden cannot kill Bitcoin because Bitcoin is decentralized global network.  USA had been battling Bittorent and still, they can't shut it down, what more in Bitcoin where more people are into it?

I believe Ron DeSantis statement is for political agenda so that Bitcoin enthusiasts will not support Biden.

[cryptodude]

The Governor of Florida, Ron DeSantis, In September 2021, the Biden administration made a statement about Bitcoin. I don't doubt any interference on Bitcoin by any country's government because no one has any control over it. It is not believable that Bitcoin can be killed because the coin is a decentralized digital currency. over which no one has any control. As Bitcoin has spread all over the world now in my opinion everyone should welcome Bitcoin like other countries instead of going against it.

[KiaKia]

Biden administration can stop Bitcoin's progression in the United States of America, that's the hardest lent they can go to, and yes it's doable, but how about other countries? Is Biden going to control them too? We know that some countries won't like this either, for example, China.

Bitcoin existence was never meant to take over Fiat, some people want Bitcoin to be money they use everyday but that's nonsense, Nakamoto never created Bitcoin to replace Fiat, Bitcoin existed for people to use among themselves, it's the people's money without the involvement of the government.

Bitcoin stops only when they people want it to stop, this is what Biden and Gensler finds hard to understand.

[Latviand]

Maybe this is just a strategy he wants to announce when the campaign gets underway. This is not surprising given the fact that bitcoin is a rather sensitive subject, so his statement wants to attract the attention of people and investors related to bitcoin. As for bitcoin, it's hard to resist being shut down or scrapped by any single entity. So, instead of trying to kill it, why not accept it like some other countries are doing?

No maybes, this is definitely his strategy, he wants to secure the vote of the crypto population and what better way to do that than to say what they want and need to hear about bitcoin and I saw some clips of his speech about bitcoin, he seem genuine about his support with bitcoin but I think that if he ever gets elected, the people behind the curtain as I like to describe our real masters will try to influence his decisions that might make bitcoin much stronger in USA.

I think that the obvious reason as to why they don't accept is as Ron DeSantis has said in the quote of the OP, they can't control it and we know that any government that wants to assert control over their domain will kill or remove anything that they have no way of controlling, it would be nice if there's coexistence but so it happens, we are living in a greedy world.

[Tony116]

  snip

Bitcoin existence was never meant to take over Fiat, some people want Bitcoin to be money they use everyday but that's nonsense, Nakamoto never created Bitcoin to replace Fiat, Bitcoin existed for people to use among themselves, it's the people's money without the involvement of the government.

Bitcoin stops only when they people want it to stop, this is what Biden and Gensler finds hard to understand.

But many in our community are propagating it. They constantly challenge that bitcoin will replace fiat, replace banking, and bitcoin will scare governments...too much false propaganda makes governments more upset with bitcoin. This is something that I have always opposed because bitcoin was not created to compete or take over, it is just an alternative and will co-exist with existing monetary systems. Fighting the government never has a happy ending.
Biden and Gensler can't stop bitcoin, but if they're determined to destroy us, we'll also be in a lot of trouble.

[MoonOfLife]

The Governor of Florida, Ron DeSantis, In September 2021, the Biden administration made a statement about Bitcoin. I don't doubt any interference on Bitcoin by any country's government because no one has any control over it. It is not believable that Bitcoin can be killed because the coin is a decentralized digital currency. over which no one has any control. As Bitcoin has spread all over the world now in my opinion everyone should welcome Bitcoin like other countries instead of going against it.

They can't control it, but they can stop its growth, and with what the SEC is doing can see that they can do that and more. They still have not found a solution to control bitcoin, and they are turning to people who invest in bitcoin, and we will become their target if they really want to kill bitcoin. But I don't think that's going to happen, what they want is just taxes, they don't intend to destroy it.

[Lucius]

~snip~
Is Ron DeSantis right about his comments or wrong?

He is completely right to comment on the way he wants it because he has entered the fight for the president, and in this fight they do not choose a way or means. It is fascinating to me that people ask themselves such questions at all, because why is it important who is the president, if we know that the US policies produce characters in recent decades that would be more appropriate for something completely different than to be the president.

The current US president is one big joke, the previous one was a belligerent fanatic, and what to say about one that reward Nobel prize to himself...

Plus, they say that DeSantis is not one who wears pants in the family, if you understand me. I wonder what he was thinking about at that moment

[Victorik]

Inform them that they can't kill what they don't control.
Of course they can make laws that could limit it's use, but I can assure you that BTC is here to stay.
BTC is a threat to them. They can clamp down on as many exchanges as they want, but new ones will spring out from the ash.

[Jating]

Florida Gov. Ron DeSantis officially launched his presidential campaign on Wednesday evening, setting out his priorities during a glitch-filled Twitter Spaces event with Elon Musk. His statement included familiar red meat for the Republican base, including tirades over Disney and “woke” corporations but also an extended riff on crypto.

“You have every right to do Bitcoin. The only reason these people in Washington don’t like it is because they don’t control it…I think that the current regime, clearly they have it out for Bitcoin, and if it continues for another four years, you know, they’ll probably end up killing it,” he said, while claiming Bitcoin is a threat to the “central planners” in the Biden administration who wish to control everything.

Is Ron DeSantis right about his comments or wrong?
:https://www.google.com/url?q=https://fortune.com/crypto/2023/05/25/ron-desantis-goes-crypto-says-the-biden-administration-will-kill-bitcoin/&sa=U&ved=2ahUKEwjrvNr1spH_AhWERsAKHaxGCCAQxfQBegQIBRAC&usg=AOvVaw3bNq-oiqKE2fQqGPCC0o0U

Isn't it that's what the Democrats wanted to? kill bitcoin and the rest of crypto and that's why you can find memo about their support to SEC and daddy Gary. What they are doing might come back and haunt him.

Just like what Ron DeSantis is doing, it could be very well the leverage they needed to attack the Biden government regarding their hard line stance of bitcoin. And I think not just DeSantis, even Kennedy as well attack Biden and I think we have a thread about that one.

[uche6215]

But is first tenure is almost gone so there is no need to panick the devaluation of bitcoin by the US Government. It ink this an allegation. And I don't think it is true. If bitcoin would die in Biden hand it has happened since. It is a fake rumour.

[Cryptomultiplier]

~snip~
Is Ron DeSantis right about his comments or wrong?

He is completely right to comment on the way he wants it because he has entered the fight for the president, and in this fight they do not choose a way or means. It is fascinating to me that people ask themselves such questions at all, because why is it important who is the president, if we know that the US policies produce characters in recent decades that would be more appropriate for something completely different than to be the president.

The current US president is one big joke, the previous one was a belligerent fanatic, and what to say about one that reward Nobel prize to himself...

Plus, they say that DeSantis is not one who wears pants in the family, if you understand me. I wonder what he was thinking about at that moment

This same DeSantis is the one who just abolished African black history subject from schools curriculum and he is not yet done.
Whatever be the case I think everyone mostly in the free world has a right to make whatever comments they want. It doesn't change the fact that Bitcoin is decentralized and if it fails in the U.S, it doesn't mean it won't work in other countries or regions.
Also, I consider the thought of it dying as just being speculative because more of the innovation mostly surrounding Web3, Metaverse would require both its technology and its decentralized currency to function as a perfect virtual 3D world.

[serjent05]

Considering what SEC is doing it might be true

True that they intend to kill Bitcoin?  Maybe, but the question is are they capable?  I don't think so.  They can be successful in thwarting Bitcoin adoption or kicking out Bitcoin in the USA but they will never kill Bitcoin because of its decentralized nature.  Even with all its alliances assisting them in killing Bitcoin operation, it will be futile.  Huge amount of money had already been invested on the Bitcoin industry, I am sure those who have the capability will join the group to keep the operation of the Bitcoin network continue

[AmoreJaz]

Considering what SEC is doing it might be true

True that they intend to kill Bitcoin?  Maybe, but the question is are they capable?  I don't think so.  They can be successful in thwarting Bitcoin adoption or kicking out Bitcoin in the USA but they will never kill Bitcoin because of its decentralized nature.  Even with all its alliances assisting them in killing Bitcoin operation, it will be futile.  Huge amount of money had already been invested on the Bitcoin industry, I am sure those who have the capability will join the group to keep the operation of the Bitcoin network continue

definitely not. just look at a very good example - china. they banned this currency, and yet where are we now? btc still standing. so nope. no single politician can kill this currency. they may influence the market in short-term, however, we have seen that we always bounce back.
so yes, such move will be futile. later on, they will just go with this market as they will come into their senses that they can't beat this market, educate your people and that would better than trying to kill this market.

[The Cryptovator]

In brief, it is nearly impossible to completely eliminate Bitcoin. The most effective approach that authorities like President Biden or the US government could take is to restrict or prohibit the use of cryptocurrencies within their jurisdiction. They could enforce regulations and discourage citizens from engaging in crypto-related activities. However, their influence and control are limited to their own country, and they cannot eradicate Bitcoin on a global scale.

[Blitzboy]

In brief, it is nearly impossible to completely eliminate Bitcoin. The most effective approach that authorities like President Biden or the US government could take is to restrict or prohibit the use of cryptocurrencies within their jurisdiction. They could enforce regulations and discourage citizens from engaging in crypto-related activities. However, their influence and control are limited to their own country, and they cannot eradicate Bitcoin on a global scale.

Your point regarding administrations like President Biden' wielding power over crypto regulation is robust. They can indeed set limits. But isnt Bitcoin crafted to surpass the reach of traditional finance and governmental control? Governments can dissuade, but can they completely thwart Bitcoin usage among their citizens? Cryptocurrencies, akin to a hydra, regenerate and multiply. Bitcoin' resilience, isnt it anchored in its decentralized, anonymous nature? True, a government' clout is confined within its borders, but Bitcoin' influence is worldwide. Its like curbing a river's flow with pebbles. Isnt it remarkable how tech can challenge even the mightiest institutions?

[Wend]

Considering what SEC is doing it might be true

True that they intend to kill Bitcoin?  Maybe, but the question is are they capable?  I don't think so.  They can be successful in thwarting Bitcoin adoption or kicking out Bitcoin in the USA but they will never kill Bitcoin because of its decentralized nature.  Even with all its alliances assisting them in killing Bitcoin operation, it will be futile.  Huge amount of money had already been invested on the Bitcoin industry, I am sure those who have the capability will join the group to keep the operation of the Bitcoin network continue

One America can't destroy bitcoin, but if it's an entire coalition supporting them, that's a different story. Bitcoin is decentralized, but that does not mean it will be immortal if it is met with the fierce pursuit of many governments joining forces. Don't underestimate their power because bitcoin exists because of us, what if the government attacks investors like us? I don't think being too arrogant and anti-government is a good idea.

[thecodebear]

Desantis is a typical republican - a corrupt liar. Biden ain't good for Bitcoin and clearly doesn't have a clue about Bitcoin's usefulness, but Desantis is a PoS (not proof of stake haha). Its unfortunate Biden is running again, I assumed his plan was do one term and then let a younger Dem run. Not that Biden is bad or anything, he's just freakin old. Best thing for America would be to have Biden win against whatever lunatic the Republicans put up, and have someone in the Bitcoin community get through to Biden and educate him on Bitcoin sometime in the next couple of years so during his second term he could become a Bitcoin supporter. Not that I'm expecting it, but hopefully he at least stops coming up with stupid ideas like a bitcoin mining tax. We need Biden to support Bitcoin and also kick Gensler out! That would be great for Bitcoin. But likely we'll be waiting until 2028 to potentially have a pro-Bitcoin (hopefully Democratic) president. Hopefully by 2028 general public education on Bitcoin will be much greater so it'll be much more likely that politicians will support Bitcoin by then.

[Fivestar4everMVP]

Biden or any other government in the world can't kill bitcoin, so I completely disagree, what I do believe they have the power to do is to frustrate the growth and adoption of bitcoin, they can do that through laws, imposing unwarranted taxes on bitcoin investors and crypto currency traders at large, going after exchanges with lawsuit like what we are currently seeing going on between the SEC and Binance.us, but then, it can only end there, bitcoin will continue to survive even with a stagnated growth, as long as they dont and never gain control over bitcoin, they can't kill it, it's simple..

[dwminer1]

Indeed, the actions of the Biden administration and the SEC recently point to an open war with cryptocurrencies. However, Bitcoin itself does not seem to me to be in danger. It seems to me that these actions will cause more damage to younger projects in the blockchain industry. The question is how other countries will approach this issue. If investments in the blockchain industry around the world increase and bring profits, I believe that the US will notice that they are shooting themselves in the foot with such actions.

[Franctoshi]

The decentralized nature of Bitcoin has made it difficult for any government to control Bitcoin, precisely the super world powers, the United States and China. Since Joe Biden assumed office, his administration has been anti-crypto, which is seen in his use of various agencies such as the SEC to attack crypto, because their policies have not been friendly to Bitcoin and the crypto space.

They can only cause a slow in the growth of Bitcoin in the short run but in the long run, Bitcoin will scale through, China's ban on Bitcoin pressured the market for a short while, but later the market absorbed the whole pressure.

[hZti]

Maybe you can kill bitcoin in the US for some time, but it will definitely not kill bitcoin as a whole and never ever will it kill bitcoin in the US permanently. This is the whole point of bitcoin and therefore it was so far never successfully done in any country.

Whaat most of the politicians like DeSantis do is put out an uninformed statement about a lot of things and then later realize that what they propose is not goin to work.
The only thing a bitcoin ban will do in my opinion is push bitcoin in the shadow world where it can not be controlled anymore and that is even less what the politic wants.

[Ale88]

Florida Gov. Ron DeSantis officially launched his presidential campaign on Wednesday evening, setting out his priorities during a glitch-filled Twitter Spaces event with Elon Musk. His statement included familiar red meat for the Republican base, including tirades over Disney and “woke” corporations but also an extended riff on crypto.

“You have every right to do Bitcoin. The only reason these people in Washington don’t like it is because they don’t control it…I think that the current regime, clearly they have it out for Bitcoin, and if it continues for another four years, you know, they’ll probably end up killing it,” he said, while claiming Bitcoin is a threat to the “central planners” in the Biden administration who wish to control everything.

Is Ron DeSantis right about his comments or wrong?
:https://www.google.com/url?q=https://fortune.com/crypto/2023/05/25/ron-desantis-goes-crypto-says-the-biden-administration-will-kill-bitcoin/&sa=U&ved=2ahUKEwjrvNr1spH_AhWERsAKHaxGCCAQxfQBegQIBRAC&usg=AOvVaw3bNq-oiqKE2fQqGPCC0o0U

First of all I want to say that I don't like Biden, at all, I see him as one of the most useless presidents in the US history, oftentimes I even forget he's the president... Anyway, even thought the US are one of the most important countries in the world they have no way to kill bitcoin while the rest of the world is actually starting to embrace it. It's actually even counterproductive for them, it would be a decision that doesn't make any any sense, they have everything to lose, not bitcoin.

[Hispo]

Florida Gov. Ron DeSantis officially launched his presidential campaign on Wednesday evening, setting out his priorities during a glitch-filled Twitter Spaces event with Elon Musk. His statement included familiar red meat for the Republican base, including tirades over Disney and “woke” corporations but also an extended riff on crypto.

“You have every right to do Bitcoin. The only reason these people in Washington don’t like it is because they don’t control it…I think that the current regime, clearly they have it out for Bitcoin, and if it continues for another four years, you know, they’ll probably end up killing it,” he said, while claiming Bitcoin is a threat to the “central planners” in the Biden administration who wish to control everything.

Is Ron DeSantis right about his comments or wrong?
:https://www.google.com/url?q=https://fortune.com/crypto/2023/05/25/ron-desantis-goes-crypto-says-the-biden-administration-will-kill-bitcoin/&sa=U&ved=2ahUKEwjrvNr1spH_AhWERsAKHaxGCCAQxfQBegQIBRAC&usg=AOvVaw3bNq-oiqKE2fQqGPCC0o0U

First of all I want to say that I don't like Biden, at all, I see him as one of the most useless presidents in the US history, oftentimes I even forget he's the president... Anyway, even thought the US are one of the most important countries in the world they have no way to kill bitcoin while the rest of the world is actually starting to embrace it. It's actually even counterproductive for them, it would be a decision that doesn't make any any sense, they have everything to lose, not bitcoin.

Legally, I think it would be rather a challenge for the government of the United States to get rid of Bitcoin completely, I bet they will try a different approach instead, like increasing taxes on both miners and those who trade with Bitcoin to the point of making those activities barely profitable for anyone residing in USA.

Because, we should keep in mind that the governance there is not the same of what one could find in China or Russia, with one just big party or president taking the decisions in an unilateral way, efforts to ban Bitcoin in USA can be challenged. 

[o48o]

Considering what SEC is doing it might be true

What SEC has to do with it? They haven't stated that BTC is a security, and anything else is outside of their jurisdiction.
Also this statement of DeSantis is just an example how he doesn't grasp decentralization. They can kill CEXes for sure but why would they to do when they can just tax them?
Calling something a security doesn''t kill exchanges, it just makes exchanges different.

And if he is going for the POW taking too much polluting energy point of view, they can just enforce moving from fossile fuels and coal. During an energy crisis they can prioritize the energy use.
Killing bitcoin doesn't solve enviromental issues or energy crisis so the arguments against it are coming from people who see bitcoin as pointless. And that's really just matter of opinion.