With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
Trump only skillfully manipulates the crypto community trying to win them over to his side in the election race. Trump gives his voters what they want to hear and receive. One should not think that heads of government will actually be loyal to cryptocurrencies, which, in essence, allow NOT to play by the rules of governments.
Initially, grandpa Biden’s administration turned out to be a little less savvy in terms of using cryptocurrencies and bitcoiners in its election campaign, but in order not to be outdone, Biden joins the race for the votes of bitcoiners. This confirms the adoption of
bill FIT21 in the US Congress.
I am sure that we will still hear from Biden signs of his “loyalty” to cryptocurrencies. So, there is no struggle between bitcoin and fiat, but only purely political gestures.