But you also have to consider every investors that also own bitcoin. Unlike any other politicians way back then that really affect the flow of the market as to compare today that many investors are owning bitcoin. I don't think politicians can take bitcoin down that easily.
You are right but that applies to small countries that do not have bitcoin, if it is done in the US it is very likely to affect the bitcoin market quite crazily, after all the US is a very large country, has bitcoin ownership and also many bitcoin investors from there, especially after the emergence of the Bitcoin ETF in the US market political decisions regarding Bitcoin will greatly affect bitcoin even though it does not kill bitcoin, don't forget there are also miners if political decisions make it difficult for miners and bitcoin holders in the US the market will be shaken for a long time, and bitcoin will be accepted again afterwards.
This is a small gift to everyone bitcoin investors that still believes that if a supposed cruel presidential candidate gets to the throne of the US president it will be the end for Bitcoin, I have too many people screaming this in my ear and I am sick of it.
Well, probably those people better sell their bitcoins, clearly 1) they don't understand how bitcoin works 2) they can't manage the stress, if we can call it this way. Of course if Harris is elected won't help bitcoin but there is nothing she can really do to stop it. Let's take a look what happened with their friend at the SEC, Gary Gensler: they delated the ETFs as much as they could but they couldn't go against the big funds. Do I like Harris? Absolutely not. Am I worries about her? Absolutely not.
The fact is that people from the Democrats have always suppressed this industry, in the Biden era they were also quite sensitive, but some policies were passed such as the bitcoin ETF being traded, I think if Harris is elected it might have the same fate, they will impose harsh policies, but on the other hand they also support in their own way.