Post
Topic
Board Bitcoin Discussion
Re: Will the new US administration be friendly to bitcoin?
by
masterrex
on 09/11/2020, 12:39:16 UTC
The election is over, Trump had negative attitude towards bitcoin but what Biden's administration will bring to crypto. The fact that the Fed will continue printing $$ and new stimulus is coming is definitely good for bitcoin.
Never heard that president-elect Biden or someone from his camp made any public statement about bitcoin or crypto-technology, hopefully no tough regulations will be made.

I think it's too early to speculate about it, for now, let us wait until President-elect Joe Biden assumes office, for now, let us enjoy the Bitcoin bullish market trend, and when the right time will come and Biden will say about his stance on cryptocurrency whether its pro or against, I believe it wouldn't create much impact to the market, The real problem will be the SEC for sure the crackdown and tougher regulation will continue even in the new administration.