Biden administration will kill Bitcoin! Says Ron DeSantis.

[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.

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[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.