Quote from: fuguebtc on September 16, 2024, 02:04:59 PM

Quote from: Sayeds56 on September 16, 2024, 11:47:47 AM

I personally believe, Harris will also support adoption of Bitcoin if she is elected president, as financial institutions in USA have made significant investment in Bitcoin.

The United States surpassed China in 2021 to become the world's largest bitcoin mining hub, but did you know that Biden has proposed a 30% tax on miners? While that could cause miners to move to other countries, he doesn't seem concerned about that. Therefore, it is not convincing to assume that just because many domestic financial institutions are investing in bitcoin, it means that the Harris administration will support bitcoin adoption or introduce bills to promote its development. What they want is more and more taxes, not necessarily any intention of promoting market development.

I don't trust Harris when it comes to crypto because of what the Biden administration has done although she could still change that stance after she is elected. When it comes to cryptocurrencies, Trump is more trustworthy.

There is no doubt Donald Trump is having more trust than Biden and Harris in case of cryptocurrency adoption or bringing soft policies about these as well but main problem as mentioned is still they want more taxes which are surely essential just because of these things are not working as they needed to be done here in the USA which is currently the biggest economy and this could be surely hub for the miners as well if we are having solid policies from these corrupt peoples.

I am not sure about Harris to have anything positive about cryptocurrency because Biden and republicans have surely never been intended to do for this they are looking for more taxes which will surely increase their revenue but surely hurt too much this community just because of this mostly peoples are having better view about Donald Trump as they feel he can do something better than current peoples.