Post
Topic
Board Bitcoin Discussion
Re: Will the new US administration be friendly to bitcoin?
by
jakoshi
on 10/11/2020, 12:29:39 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.

His presidency will allow hyperinflation precursors to emplaced. I agree that we will have more stimulus checks and one can assume, for the sake of efficiency, it could happen in an airdrop like manner through a USD stablecoin. Bitcoin obviously indirectly benefits. I doubt Biden ever openly talks about Bitcoin though. Hopefully, I am wrong about that. Although I do think he will be considerate enough to focus on highlighting the downstream effect of Bitcoin -- Distributed/decentralized science through dual-incentive collaborations.

Oldies as president actually is not bad like commonly assumed... They are incentivized the most to work fast on behalf of longevity science if ya catch the gist of what I am getting at +0