Post
Topic
Board Bitcoin Discussion
Re: Kamala Harris might continue crackdowns on Bitcoin and the cryptospace
by
fuguebtc
on 22/08/2024, 08:38:56 UTC

Whoever becomes US president will not stop the growth of bitcoin, Bitcoin has been in existence since 2009 until now and that means it has gone through 4 different US presidents. But if anti-bitcoin, unfriendly crypto-people like Biden or Gary continue to hold power, our development will slow down. Meanwhile, if we get the support of people who have a more open view of bitcoin and cryptocurrency, it will help us grow a little faster. So it will depend on what people want and decide who to vote for.

Biden's policies have resulted in less investment in US-based crypto companies, and for crypto-related companies to cease operations in the US. This results in other countries getting these investment dollars, and other countries benefiting from innovation related to crypto currencies, including bitcoin.

That the Biden administration is not crypto-friendly and that they do not want it to grow is quite clear as they enacted many draconian policies as well as supported Gary's crypto crackdown. Everything is clear as day and anyone can see, but it is confusing when some people say that the cryptocurrency industry has developed very well under Biden.
Bitcoin and cryptocurrencies have grown well because as I said no one can stop them, bitcoin is almost inevitable. I believe that if it weren't for the Biden administration or them stopping Gary from treating cryptocurrencies unfairly, we would probably be much better off than we are now.

To date , Harris has not mentioned or expressed her views on cryptocurrency during her campaign, which suggests she is implicitly asserting that she will continue to pursue Biden's legacy or it will be even worse once she is elected.