Cryptoland after Trump

[Abiky]

Trump's term will end in Jan 2029. So far, he's been the most pro-crypto President in US history. During his tenure, the administration has enacted pro-crypto policies which resulted in a positive outcome for crypto market prices. Particularly, Bitcoin. This makes me wonder how crypto will react in a post-Trump era? I mean, if Republicans lose the White House in the 2028 elections. Another administration which is completely anti-crypto (probably Democratic) might cause a severe blow to market prices. Or it could hinder the growth of the entire industry. I understand crypto is independent from politics, but certain events in the mainstream world can have a direct impact on the market.

Your input would be greatly appreciated. Thank you.

[Churchillvv]

Not sure he would loss the election because the parliament is 80% republicans now but however if eventually he losses then, for crypto world it’s just going to be the same crypto world that survived all the attacks from the past but this time with better experience and lesser reaction whatever the new government might decide since obviously crypto has become part of the mainstream in the world so they will probably work viz vice with crypto than go all against it.

[JeffBrad12]

2026 to 2029, is quite long time for a crypto don't you think? I'm sure there will be many bills passed that allow crypto to be stronger within legal system.
Outright banning crypto is already difficult thing today considering how many entity has invested into crypto directly and indirectly and there is a giant ETF from BlackRock and others.
Crypto adjacent firm are already ingrained in broad market funds. Severe blow to crypto also means severe blow to their own money and you know what that means.

[aioc]

... if Republicans lose the White House in the 2028 elections. Another administration which is completely anti-crypto (probably Democratic) might cause a severe blow to market prices. Or it could hinder the growth of the entire industry. I understand crypto is independent from politics, but certain events in the mainstream world can have a direct impact on the market.

We should not jump to the conclusion that the Republicans will lose in the next election and that the Democrats will become anti-crypto. They will check the policy, and if it's good for the majority of Americans, then they don't have to do anything, but if ever they maintain their position as anti-crypto, then the community should brace, as it will have an impact, but not a big impact that will send the market crashing.
The market has been robust and continues to attract adoption and it wil not stop because of any country's anti crypto policy.

[jossiel]

We have no control over that, and so we just let it happen whoever will be the next US president.

But I think that the foundation was already there and the work that was done during this Trump administration.

The thing from the past I think is that we've been happy to see that Trump was vocal about it. And when he's already on office, it was him that took advantage of the crypto market and benefited a lot and not the people.

[o48o]

Trump's term will end in Jan 2029. So far, he's been the most pro-crypto President in US history. During his tenure, the administration has enacted pro-crypto policies which resulted in a positive outcome for crypto market prices. Particularly, Bitcoin. This makes me wonder how crypto will react in a post-Trump era? I mean, if Republicans lose the White House in the 2028 elections. Another administration which is completely anti-crypto (probably Democratic) might cause a severe blow to market prices. Or it could hinder the growth of the entire industry. I understand crypto is independent from politics, but certain events in the mainstream world can have a direct impact on the market.

Your input would be greatly appreciated. Thank you.

Bitcoin isn't american, and it's not pumped by Trump or his silly . I find it so weird that people are waiting a government to help with the prices, when the core idea of it is that it's supposed to be resilient against governments. If it's not, why would it have value in the first place?

Also it's not like it matters, but it mooned more during the "completely anti-crypto administration" called Biden administration. Only thing Trump has done has made is that he managed to  associate cryptos even more with scam and corruption.

And what do you mean if republicans lose it? How in the name of everything holy are republicans bouncing from this mess they made?

[Marykeller]

Will it mean that Democrats will be anti Bitcoin if peradventure they win by 2029. Let's not forget that any US president who takes up power by 2029 has their own agenda and implementations. It could be that the Democratic president won't be strict on crypto.

What I am saying is that, any new implementations made are what the political leader feels like doing, not what their predecessors did that they would like to follow up on, to do the same, like the case of Bitcoin