Now that US elections are apparently over and the convicted felon became the next US president I'd like to raise some rhetorical questions since during this campaign and because of heightened emotions in the heavily polarized society of America, many people forgot that governments and generally speaking "centralization" is not a friend of "decentralization". In fact they are the exact opposite in a way that we can even call them enemies!
So here are some questions for all of us to have in mind and maybe gain some experience from all this...
- Will Ulbricht be released (as in be a free man not just have his sentence commuted) on January 20 or 21, 2025 (ie. the first day in office)?
- Will US government stop attacking Bitcoin?
- Will the US government stop forcing American miners to censor transactions which is a clear violation of one of the main principles of Bitcoin?
- Will the US government stop attacking anything remotely privacy related? For instance will shutting down mixing services including CoinJoin tools stop? Will arresting of such devs (like Samourai Wallet dev) stop?
- Will the US government tone down its surveillance and attempt to control everything and everyone specifically those who own cryptocurrencies?
- Will the unfair rules they keep enforcing on centralized services like exchanges stop? Rules like invasive and strict KYC and the nonsense with "taint" censorship?
- Will the OFAC stop its sanctions on Bitcoin?
- Will the tax laws become friendlier when it comes to cryptocurrencies or will they get worse as the budget deficit and government debt grow larger?
Feel free to add your own rhetorical questions below. Things you know are
unlikely to change just because some politician gave some promises while he needed votes...
As he made promise that he will release Ulbricht so I think he will be released, or maybe at least his sentence will be reduced.
I think if Trump will stop the CBDC project which he promised then that can be counted as they won't be attacking Bitcoin.
You are right about the third question, but I think it's for the best of the crypto community. I did not know before that the US has been asking their miners to not process or filter out some addresses that OFAC has mentioned. But yeah, I agree it's against the principle of Bitcoin.
I think they did not hate privacy tools but those who try to launder money via these platforms. I also like the idea of privacy and anonymity, but doing illegal work is not a good idea, so if these authorities are working and catching these MLs, then that's okay, but if the founders of the platform are being sentenced for just creating the platform, that's not okay.
They won't leave their efforts to control everything instead Trump will try to control everything.
No, they won't stop going after CEXs because that's how they will be making money.
Maybe yeah OFAC might but I don't have any logical reason to say that.
I think at first he will reduce the taxes to make things more friendly, and at the end of his presidency he will still reduce the taxes.