All eyes On Trump As Kamal Harris Gives Up On Bitcoin Conference Attendance

[FinneysTrueVision]

It was obvious she was not going to accept a last minute invitation. Vice Presidents don’t have much power to affect policy, so it’s a huge stretch to say she “actively” imprisoned developers. I’m not saying she’d be better than Biden but there are plenty of things to criticize her for during her time as California attorney general and US senator that it is not necessary to resort to political spin and propaganda.

Aside from being an Ordinal shitcoin scammer David Bailey is also a Trump bootlicker and will say whatever to promote Trump. If Trump wins, it will likely result in favorable business deals for his companies. Bailey’s concern isn’t with who Kamala might have imprisoned. If he could benefit financially from her presidency he would be the first to endorse her and any inconvenient details would be overlooked, just like how the Trump administration's persecution of Julian Assange has quickly been forgotten.

[mindrust]

Makes sense. Kamala is anti-bitcoin and Trump is pro-bitcoin.

Why would Kama attend to the conference? People wouldn’t listen to her anti-bitcoin shilling. Lots of “Boooo”s and “Hooo”s would happen. In the end she would have to leave the conference with her tail between her legs.

It wouldn’t be a good look for her campaign.

[Kemarit]

Makes sense. Kamala is anti-bitcoin and Trump is pro-bitcoin.

Why would Kama attend to the conference? People wouldn’t listen to her anti-bitcoin shilling. Lots of “Boooo”s and “Hooo”s would happen. In the end she would have to leave the conference with her tail between her legs.

It wouldn’t be a good look for her campaign.

Exactly, it will damage her and here political affiliations if suddenly he speaks on that conference. They are anti-bitcoin and imposing like taxes for the miners and even try to put pressure on SEC in the beginning to not approved a Bitcoin ETF.

In any case, the Bitcoin conference has started it's effect on the price, as we have a pump already from $65,000->$67,000.

Trump will be speaking on the last day, so we should be expecting that perhaps the price could go to $70,000, I reckon.

[DeathAngel]

Be really interesting to see what he says tomorrow. I believe Saylor & Cathy Wood speak at the conference foday but everybody wants to see what the potential new President says. Bitcoin price has clawed back to $67000 so starting from a good point. Can we get a Trump pump tomorrow I wonder.

[South Park]

Makes sense. Kamala is anti-bitcoin and Trump is pro-bitcoin.

Why would Kama attend to the conference? People wouldn’t listen to her anti-bitcoin shilling. Lots of “Boooo”s and “Hooo”s would happen. In the end she would have to leave the conference with her tail between her legs.

It wouldn’t be a good look for her campaign.

Exactly, it will damage her and here political affiliations if suddenly he speaks on that conference. They are anti-bitcoin and imposing like taxes for the miners and even try to put pressure on SEC in the beginning to not approved a Bitcoin ETF.

In any case, the Bitcoin conference has started it's effect on the price, as we have a pump already from $65,000->$67,000.

Trump will be speaking on the last day, so we should be expecting that perhaps the price could go to $70,000, I reckon.

Not attending will still damage her, it is just that this is the lesser out of two evils, as you can make sure the Trump campaign will make sure to let people know that Trump is now in favor of bitcoin, or at least that is what he claims right now, and I have no doubts that this can have an effect on the independent voters, since more than anything what people care about right now is their own finances, and many of them have obtained great profits thanks to bitcoin and a strict regulation will damage their interests.

[Abiky]

BREAKING: The #Bitcoin Conference is unable to lock down Vice President Kamal Harris - Attacks her positions on BTC - claims it would been “a disaster” for her.

Dennis Porter

Trump seems to be the one most Bitcoiners support.

This is not surprising. Especially when Harris is part of the anti-crypto Biden administration. Crypto supporters will view Trump favorably over Harris in this year's elections. He has shown huge interest in the emerging industry. A Trump win would be bullish for the crypto market. At least, that's what I think. The upcoming 2024 Bitcoin Conference is going to be huge. I wonder if other presidential candidates will attend future conferences? I can only imagine.

[Marvell1]

The topic of Trump may become boring but clearly supporting him can create new opportunities for us beyond what the current administration is creating.

The way I see it now, it is Trump who needs Bitcoin more. It fits into the attempt to sell himself as a progressive candidate. Bitcoin will be fine for 4 years whoever is the president during that period.

I agree, Trump needs bitcoin more because he is taking advantage of its popularity to attract voters for himself, while bitcoin has existed since 2009 and has passed through many presidents. Although the Biden administration has had anti-bitcoin policies during his years in office, we can see that bitcoin is not affected too much. So whoever becomes president won't be able to stop bitcoin's potential, but by betting on Trump, we have a chance to move things forward faster and stronger.

I don't believe Trump can make bitcoin a US national reserve, but if that happens, it would obviously be a huge step forward for bitcoin, which is why I support him instead Kamal Harris or Biden.

[The Sceptical Chymist]

The 4 years of Trump was better than the last 4 years but was also not exactly pro-bitcoin. Leaving nothing to suggest that he will push the network forward if he wins.

Did we have a president for the past 4 years?  All I remember was some waxy old puppet with lord-knows-whose-hand up his back end, controlling things.

And not for nothing, but I was stridently anti-Trump well into his term and prior to his election I thought he'd end up starting WWIII....but all we really got was a lot of verbal bashing of the media and his obsession with building that friggin' wall on the Mexican border.  What the hell ever happened to that, anyway?

But hey, bitcoin is as resilient as the most evolved cockroach (an analogy I hate to use, but it's the first thing that comes to mind).  Don't matter who wins this race, miners will keep mining and the rest of us will go about doing our bitcoin business as usual.  Hopefully.

[Abiky]

I agree, Trump needs bitcoin more because he is taking advantage of its popularity to attract voters for himself, while bitcoin has existed since 2009 and has passed through many presidents. Although the Biden administration has had anti-bitcoin policies during his years in office, we can see that bitcoin is not affected too much. So whoever becomes president won't be able to stop bitcoin's potential, but by betting on Trump, we have a chance to move things forward faster and stronger.

I don't believe Trump can make bitcoin a US national reserve, but if that happens, it would obviously be a huge step forward for bitcoin, which is why I support him instead Kamal Harris or Biden.

Yes. It would be great if the US has its own Bitcoin reserves. Just like it had its own Gold reserves in the past. But first things first. Trump and his team would need to focus on cutting down domestic and foreign spending to put a halt on the rising national debt. Then we can talk about "reds and roses" with Bitcoin. Without a solution to the US' inherent economic problems, adopting BTC at its fullest won't make any difference.

The crypto industry already sided with Trump, anyways. Fingers crossed he wins the presidential race. Otherwise, crypto will move a step backwards under Kamala Harris' leadership. If the economy was in shambles during Biden's presidency, what makes you think Harris will be any better? Americans must choose wisely for the good of their country (and the rest of the world). The future is unpredictable, so lets hope for the best.

[legiteum]

The crypto industry already sided with Trump, anyways. Fingers crossed he wins the presidential race. Otherwise, crypto will move a step backwards under Kamala Harris' leadership. If the economy was in shambles during Biden's presidency, what makes you think Harris will be any better? Americans must choose wisely for the good of their country (and the rest of the world). The future is unpredictable, so lets hope for the best.

Bitcoin went up 500% under president Biden.

The US economy is doing great, with low unemployment, low inflation, and with the stock market doing extremely well.

And no, "the crypto industry" is not a couple of billionaire Bitcoin whales who want abortion to be illegal in the USA so they support Trump with millions of dollars and use crypto as an excuse.

Real crypto businesses want things to continue as they are, not introduce a new president who wants to make radical changes to the US economy and... is getting into their business himself as Trump is.

No real business wants their main rival business to be the one own by the US president, which is what will happen to crypto businesses if Trump is elected.

[mindrust]

China is the main problem. Under Biden/Kamala the US has been way too soft on the Chinese manufacturers. Trump should bring trade-wars back and that's probably the only way to stop the Chinese from invading the Europe&USA with their cheap shitty electric vehicles. They are manufacturing cars for the price of a high end PC. Their production costs are nearly free. No country can compete with a beast like that on equal terms.

If Trump doesn't stop it, everybody that's not a China-man will end up being a slave for China.

[Marvell1]

The US economy is doing great, with low unemployment, low inflation, and with the stock market doing extremely well.

Under Biden, inflation in the US rose to a 40-year high, many banks failed, and we saw the collapse of major banks in 2022 as the crisis peaked. Although things are gradually stabilizing with inflation falling to 2.9%, that does not mean they are safe because their economies are at risk of entering a recession if the Fed has policies that are not suitable for the current economy. 
It can be said that under Biden, they have created countless problems from economic to military when they failed to prevent the wars between Russia and Ukraine, Israel and Gaza...causing a series of instability in the world.

As for cryptocurrencies, they pulled strings for the SEC to suppress the cryptocurrency market and create a series of lawsuits that affected the development of the market...


https://www.crfb.org/blogs/2022-inflation-hit-41-year-record

[Woodie]

Trying to get POTUS on the Bitcoin side is seemingly turning to a cat and mouse chase.

And one thing we forgetting is Trump was against Bitcoin when he was in the driving seat, and suddenly he U-turns and wants to be the darling of BTC when we all know he is doing it for the numbers and financial support that comes with it  Otherwise if we are saying Kamal Harris and camp are anti-bitcoin then it's good they aren't playing to the gallery to become some hypocrites... atleast they have a strand of integrity probably a reason why this camp didn't show up!

[Abiky]

China is the main problem. Under Biden/Kamala the US has been way too soft on the Chinese manufacturers. Trump should bring trade-wars back and that's probably the only way to stop the Chinese from invading the Europe&USA with their cheap shitty electric vehicles. They are manufacturing cars for the price of a high end PC. Their production costs are nearly free. No country can compete with a beast like that on equal terms.

If Trump doesn't stop it, everybody that's not a China-man will end up being a slave for China.

Of course. The US has given too much power to China. And it's probably too late to do something about it. Taking action now would risk a global economic collapse. Especially when China is the second-largest economy in the world. Maybe moving production from China to the US will do the trick? Made in USA sounds a lot better than Made in China, imo. Japan is also an option (remember Made in Japan?).

As for crypto regulation, I think Trump will have a softer stance towards the industry than Harris. Trump's first term as president left crypto virtually "untouched", compared to the current administration. Ms. Harris is part of such administration, making her no different than her predecessor (Joe Biden). We'll see what happens. No matter who wins the race, nothing will be able to disrupt the crypto industry. That's assuming everything stays decentralized and censorship-resistant. 2025 here we come!

[Catenaccio]

And one thing we forgetting is Trump was against Bitcoin when he was in the driving seat, and suddenly he U-turns and wants to be the darling of BTC when we all know he is doing it for the numbers and financial support that comes with it

He can do it because he actually recognized good things of Bitcoin and blockchain technology or he did such supportive words because of the coming election only. We will know if he gets elected as a next President of the United States and what he will actually do in next four years.

Speculating that he will do this, will not do that is all pure speculation that can be correct or inaccurate.

Under Biden, inflation in the US rose to a 40-year high, many banks failed, and we saw the collapse of major banks in 2022 as the crisis peaked. Although things are gradually stabilizing with inflation falling to 2.9%, that does not mean they are safe because their economies are at risk of entering a recession if the Fed has policies that are not suitable for the current economy. 


https://www.crfb.org/blogs/2022-inflation-hit-41-year-record

They over printed money since Covid-19 and years later, the national economy and citizens are suffering consequences of massive QEs in previous years. The National Debt of the USA skyrockets too.

World Debt Clock by nations and the national debt clock of the USA.

As for cryptocurrencies, they pulled strings for the SEC to suppress the cryptocurrency market and create a series of lawsuits that affected the development of the market...

That's true and SEC. only changed their stance and activities recent months because of pressure from Trump, Republic Party and the coming President Election.

[Iranus]

And one thing we forgetting is Trump was against Bitcoin when he was in the driving seat, and suddenly he U-turns and wants to be the darling of BTC when we all know he is doing it for the numbers and financial support that comes with it

I can't confirm that Trump is really interested in bitcoin and cryptocurrency, maybe he is just trying to convince us to vote for him.

But it's unfair for us to look back at the past and judge their present. Let's not forget Larry Fink was also a person who despised bitcoin in the past and he also admitted that he missed the opportunity to buy cheap bitcoin but now his organization is a fund that buys large amounts of bitcoin every day. Not only him, there were also many people who hated bitcoin before but they changed their opinion about it, why don't we attack them, why do we only target trump? Meanwhile we have no evidence that he is lying or that he has actually changed his mind.

Also, do you think the current administration is as good to us as we expected?

[FanEagle]

I mean it's clear that Kamala Harris is not after the "may change their vote based on crypto stance" folk, because it's too niche and not really worth the time. Don't get me wrong, it's VERY important to us, but we are not that big and most of us are not even American like me. So that means, if she wants more votes, she needs to work on swing states city by city, to get the votes needed there and make a hype there.

Otherwise, we are only talking about a person who goes to some place where she can MAYBE get 100 votes, that's it, that's maximum she can hope, why work for that when she can instead spend her time trying to get thousands? That is why this was a good election move by her, terrible for us but definitely a win for her without a doubt.

[legiteum]

I mean it's clear that Kamala Harris is not after the "may change their vote based on crypto stance" folk,

She isn't, and neither is Trump--because there is virtually zero votes for such a thing. Very few Americans even care about their Bitcoin holdings to the point that they would think about it politically at all, and even the ones who do aren't going to trade away their rights to a their own body (Trump's promised abortion laws) just to make their Bitcoin go up a little.

What both are going after is crypto donations from billionaire Bitcoin whales.

The US economy is doing great, with low unemployment, low inflation, and with the stock market doing extremely well.

Under Biden, inflation in the US rose to a 40-year high,

That inflation started under Trump and it was caused by the worldwide pandemic disrupting the world economy.

In response to this, Biden and the Democrats passed the Inflation Reduction Act, and now US inflation is at 2.9% and falling, which is basically normal levels.

many banks failed, and we saw the collapse of major banks in 2022 as the crisis peaked.

What are you talking about? What banks failed?

Although things are gradually stabilizing with inflation falling to 2.9%, that does not mean they are safe because their economies are at risk of entering a recession if the Fed has policies that are not suitable for the current economy.  

Yes, "if the Fed has policies that are not suitable for the current economy" then our economy will fall into recession. That is true now, before, and will be in the future no matter who is president.

There is no evidence we are headed toward a recession, and this week we have seen the very opposite indicators.

It can be said that under Biden, they have created countless problems from economic to military when they failed to prevent the wars between Russia and Ukraine, Israel and Gaza...causing a series of instability in the world.

Biden did not attack Israel, Hamas did.

Biden did not attack Ukraine, Putin did.

No US president could have prevented these things.

As for cryptocurrencies, they pulled strings for the SEC to suppress the cryptocurrency market and create a series of lawsuits that affected the development of the market...

Under Biden, ETFs for Bitcoin and Ether were approved, and Bitcoin went up 500% under president Biden.

The crypto market here in the US is bigger than ever, we have the largest share of hashrate here, and there are more companies in the crypto space than ever.

If you want abortion to be illegal in the USA, then vote for Trump.

If you want to deport 5% of the US workforce from the USA and disrupt the American economy, then vote for Trump.

If you want to enact massive tariffs on our trade with China, severely disrupting the US economy, then vote for Trump.

If you want to compete with the President of the United States and the US government in your crypto business, then... vote for Trump.

If you want the same environment where things have thrived in for the last four years, vote for Harris.

[kryptqnick]

While Trump had a good opportunity to redefine himself, Harris needs to focus on a clear and positive representation, one that would gain her more votes. As there is an internal debate among Democrats on how cryptos should be treated, her taking a clear side might be divisive. Moreover, as Trump did that first, she'd be ridiculed for copycating his approach, not being her own person. So it's a tricky situation in which it might be better for her to remain vague. But perhaps it would be good to push her running mate Walz to say something welcoming about cryptos.

[Marvell1]

many banks failed, and we saw the collapse of major banks in 2022 as the crisis peaked.

What are you talking about? What banks failed?

Republic First Bank, Silicon Valley Bank, Silvergate Bank and Signature Bank...these are just a few typical large banks and if you accept the truth and take the time to learn, you will see that many other banks have declared bankruptcy under the Biden administration.

It can be said that under Biden, they have created countless problems from economic to military when they failed to prevent the wars between Russia and Ukraine, Israel and Gaza...causing a series of instability in the world.

Biden did not attack Israel, Hamas did.

Biden did not attack Ukraine, Putin did.

No US president could have prevented these things.

We all know that America has a say in these wars and they can end the war any time they want. Both Israel and Ukraine are serving the United States and are completely dependent on them.
Just because you can't do it doesn't mean others can't do it either, let Trump be elected and we will see the difference immediately.

Under Biden, ETFs for Bitcoin and Ether were approved, and Bitcoin went up 500% under president Biden.

The crypto market here in the US is bigger than ever, we have the largest share of hashrate here, and there are more companies in the crypto space than ever.

If you want abortion to be illegal in the USA, then vote for Trump.

If you want to deport 5% of the US workforce from the USA and disrupt the American economy, then vote for Trump.

If you want to enact massive tariffs on our trade with China, severely disrupting the US economy, then vote for Trump.

If you want to compete with the President of the United States and the US government in your crypto business, then... vote for Trump.

If you want the same environment where things have thrived in for the last four years, vote for Harris.

No matter who becomes the president of the United States, the cryptocurrency market will still grow because no one can stop its growth.
But if Trump is elected, we will definitely see the market explode further thanks to his pro-crypto policies. Also, if he gets elected, we will definitely see Gary Gensler step down and I believe all crypto investors want this to happen because everyone knows that he is a major barrier of the cryptocurrency industry. Gary himself admitted in an interview that if Trump is elected, he will resign.
I believe you have also seen what the SEC has done to the crypto industry over the years but you don't want to admit it because it is happening under Biden.