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

[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.