Post
Topic
Board Altcoin Discussion
Re: How will crypto behave during a Biden presidency?
by
TimeTeller
on 10/11/2020, 21:35:13 UTC
Your input will be greatly appreciated. Thanks Smiley

I think that the "color" of the administration will have little to no effect on Bitcoin and crypto.
Politicians may remember now and then about crypto and make some more regulations or find out some ways to tax it. But I really don't expect more than that from them.

But the world start to be more and more interested of crypto. And public opinion matters to politicians. That may help.

And if they will read that PayPal is the latest one to adopt cryptocurrency in their system, which is an American company.
I believe they will change their mindset towards crypto. But I think, this will not be his priority in his first year in office.
There's a lot more issues to resolve and the first one, is the containment of covid. And assist his citizens to recover from this crisis.
They have their own staffs to take care about these things, but for now I am not expecting any statement related to crypto.