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 orders. 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

[coin-investor]

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.

Trump has been here for only a few years. Yes, he has done a lot, but the cryptocurrency industry has advanced over the last 2 decades. Its adoption is unhampered; the cryptocurrency will not die just because Trump is out of office. If the successor is against Bitcoin, the world will continue to support Bitcoin.
The world has become comfortable with Bitcoin, so it's hard to take it down.

[d5000]

Also here ... 96% of the potential crypto users do not live in the US.

Even if we only look at high-income regions, we have around 1.2-1.3 billion people living in countries with a per capital nominal GDP of more than 20,000 USD. The US has 340 million. This means that even if we only count the high income countries, more than 70% live outside the US. If we add the so called high mid-income countries with 10,000 USD or more, where the middle class often does invest in crypto, then we already get to 3+ billion people, almost 90% outside of the US.

In the altcoin sector there is even less dominance of the US, because there are only few altcoin ETFs and they aren't that important for the coins in question.

Of course policy changes in the US can lead to pumps and dumps. But I don't believe a Democratic government will be too strict, as others have already written it was in Biden's tenure when Bitcoin and even Ethereum ETFs were allowed, and the Harris campaign in 2024 had also a pro-crypto wing.

[Kavelj22]

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.

We can't make a judgement based on assumptions only, but we can predict based on the history of democrats previous positions. Democrats have never been crypto friendly which was a pushing factor for republicans (mainly Trump) to win a large voters base during the last election. This scenario is high probably to happen again if the democrats won't change their vision towards bitcoin and cryptocurrencies in general.

In the other hand, there are no guarantees that Trump's friendly policy will continue as expected because of many possible factors. If trump is losing popularity because of his losing foreign policies, don't expect crypto community will continue supporting his party. It is a complex scene with many factors.

[Oshio-man]

Many people will going to use this regime of the trump to invest a lot on bitcoin and some new cryptocurrency in the market, some people know that trump will definitely going to use some government funds to invest in those new coins and it will be difficult for government officials to know that trump have save some funds in those coins in the market, what investors are seeing now on those cryptocurrencies, it will not move them now until the price of those coins double up after trump have leave the office before those coins will begin to cause holders and investors to earn huge income.

[Roseline492]

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.

We have been very negative about the United States Democratic Party concerning Bitcoin but however I have been thinking about what you said and it could be true because Bitcoin was never the reason why the both parties has been in competition or on a disagreement and even on there elections I don't think they have express any hateful feeling about Bitcoin, so actually it was Donald Trump that made democratic to look like a party with no love for Bitcoin especially when he was taken it personal, so actually there would be hope for Bitcoin even if democratic are in power.

[asriloni]

An anti crypto administration is obviously hindering the growth of crypto. Why? It's because US is still retain the country with the biggest marketshare for crypto. So when we get a new anti crypto in the new administration. It can be a disaster for crypto.

I remind you BTC was pumping from 60k to 120k just after Trump's election. So it's clear crypto is also tied to the political happened in US. Any decision from US will affect crypto because it's crypto biggest market share. When it happens, we will get another Gary Gansler who sued and charge crypto companies here and there non stop.

[justdimin]

Many people will going to use this regime of the trump to invest a lot on bitcoin and some new cryptocurrency in the market, some people know that trump will definitely going to use some government funds to invest in those new coins and it will be difficult for government officials to know that trump have save some funds in those coins in the market, what investors are seeing now on those cryptocurrencies, it will not move them now until the price of those coins double up after trump have leave the office before those coins will begin to cause holders and investors to earn huge income.

I don't think a change in the presidency or a change in government will have much effect on Bitcoin policy.

Remember, folks, Sam Bankman-Fried, the CEO of one of the biggest crypto exchanges before it collapsed, was one of the biggest donors to the Democratic Party and to Biden. So while many people think the Democratic Party is anti-crypto, I don't think it's that simple.

And what has Trump really done for crypto? Not much that I can recall. These things don't even matter to any party much at all; the only goal is to make money, as Trump did with his own coin and the coin in his wife's name.

[$crypto$]

Trump’s pro-crypto stance is just a way for him to line his own pockets by creating his own and his family’s “shitcoins”; beyond that, his broader crypto policies haven’t had a major impact yet it was probably just a campaign ploy to gain support.

It’s unlikely the Democratic Party will take an anti-crypto stance in the future; all policies will proceed as they currently stand perhaps a bit stricter, but to me, it’s still the same as under Trump’s current administration.

[Taskford]

Trump’s pro-crypto stance is just a way for him to line his own pockets by creating his own and his family’s “shitcoins”; beyond that, his broader crypto policies haven’t had a major impact yet it was probably just a campaign ploy to gain support.

It’s unlikely the Democratic Party will take an anti-crypto stance in the future; all policies will proceed as they currently stand perhaps a bit stricter, but to me, it’s still the same as under Trump’s current administration.

Its proven now and we have seen them milking people and just using the mask as to be a pro crypto politician. That action they made on which they create so many tokens and made a rug pull that shows a lot that they are not for supporting crypto but rather they just want to ride the hype and earn millions or even billions of profit.

They didn't even deliver any huge policy that can bring big changes on cryptocurrency scene.

Also what Trump did is like positioning his self and use crypto to gain attention and not here to made some positive changes for crypto users.

[Abiky]

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?

Of course not! But considering how Trump has frequently been labeled the "pro-crypto" President, anything he does or say can have a direct impact over crypto market prices. The current administration has pushed many favorable crypto legislation, leading us to the point where we are right now. I said "IF" Republicans lose the White House, because we all know what Trump is capable of doing. He did try to exceed his authority before, and he might do it again. There are many ways he can cling to power to prevent Democrats from winning the WH. And if Republicans pass the "SAVE AMERICA ACT", Democrats will find it hard to win the elections again.

We might think a "blue wave" is coming by the midterms, but it could be all of the contrary. The future simply can't be predicted. Rest assured, that crypto will survive with or without governments' support. If Democrats win, they might go against crypto. We'll see what happens.

[DanWalker]

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.

Currently, Republicans hold 218 seats in the House of Representatives, and Democrats hold 215. In the Senate, Republicans control 53 seats, compared with 45 held by Democrats. It is inaccurate to say that the Republican Party controls 80% of Congress.
Furthermore, Trump's approval ratings are currently low, and there is a high probability that the Democrats will regain control of the House of Representatives in the midterm election. I predict the next president will be a Democratic candidate.

However, I agree that this does not significantly affect the growth of the crypto industry. Crypto does not revolve solely around the Trump administration. Do not overestimate his influence.

[As-Soon-As]

Don't believe all this nonsense that Bitcoin prices are not being pumped and dumped because of Trump's orders. But I believe that if any government comes to power after 2029, it will not be strict on crypto, because crypto has gained a lot of popularity under the current administration. Bitcoin is one of them, so I don't believe that strict laws will be made after 2029.

[henmark]

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.

The policies might be pro-crypto, but I think Trump's overall impact on the crypto market can be argued to be net negative. There are many reasons for this, but I'll list two:

1) The Trump coin – Everyone went crazy over it, and we all know it was one of the most obvious pump-and-dump meme coins. Trump's official endorsement only made things worse. Many people lost money on it, and one could argue that it was a major negative for crypto traders.

2) The Iran war – I don't think anyone can deny that the Iran war created significant uncertainty, and cryptocurrency prices were negatively affected overall.

This makes me wonder how crypto will react in a post-Trump era?

It should remain the same. Maybe a few policies will change, but overall, the U.S. doesn't control crypto in the same way it controls other things .