That may have been a bit of a politically correct statement. In truth, I think Biden is suffering from dementia and him being President is elder abuse. He's going to likely go down in history as one of the worst US Presidents of all time when this is all over with. That would probably even be true if he wasn't trying to start World War III. My true feelings are that Trump was the only President we've had in the last 30 years who wasn't a warmonger, but that sounds a little too crazy...
However, even an incompetent demented liar in the White House won't be able to stop Bitcoin. This is just another test and hopefully Bitcoin powers through the recession like a champ. I've been pretty vocal in the past that Bitcoin would suffer in a recession, but I didn't realize the amount of money that we'd print to fight the flu when I was saying that. In dollar terms, even in a major recession, it's hard to imagine assets getting hit too hard with the money supply growing the way it is.