Post
Topic
Board Economics
Re: Did Trump - Harris debate really affect Bitcoin's price?
by
bitgolden
on 23/09/2024, 12:05:03 UTC
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.
While it is true that generally people don't trust Harris when it comes to Bitcoin and other cryptocurrencies, but we should remember that spot ETFs of Bitcoin and Ethereum have been approved during the administration of Joe Biden and Kamala Harris. I believe there is no single person in United States who makes policy decision, there are multiple powers centers including Saint, Congress and financial institutions like BlackRock who play crucial role in shaping up policies. Therefore, we should wait and see who gets elected as president, and how he/she views Bitcoin and other cryptocurrencies.
I am definitely positive about the fact that we are going to end up with a positive future for bitcoin no matter what happens and because of that I think we shouldn't be worried about any of this. Just because there are elections doesn't mean that president decides over everything in a nation, USA is not a dictatorship like that, they do whatever the government does and no person decides on anything at all. At the same time, we need to remember that it is going to be fine for a long time and that is why we need to remember that we are going to end up with a good result either way.

Of course that's going to be something that decided by president if they end up "saying" bad things but that doesn't mean that it can be something that will be big deal, this is why it is going to be something that will not be easy at all. So, focus on getting no bad stuff said by any of them and neither of them would be getting anything bigger so just keep focusing on that.