Post
Topic
Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
Lucius
on 01/09/2025, 10:46:04 UTC
His tenure performance will play a role on how the successor would pan out
If betting on Bitcoin being a strategic reserve plays out well and is implemented
Then there's likelihood the successor Would take same mantle.
Hence why I say this few years are important in building how Bitcoin would be.
This just shows that Bitcoin success is now being closely attributed to the government.


Isn't it already implemented in a way that these strategic reserves will be filled with Bitcoin (and altcoins) that will be the result of seizures? I don't see any positive effect on the price, quite the opposite, given that the authorities can at any time say that what was yours is now theirs under any pretext.



~snip~
Also there's good chance that JD Vance will be Trump successor since he's early favorite to assume the office after Trumps administration ends https://thehill.com/homenews/campaign/5477141-republican-candidates-2028-election/ So if it happens that JD Vance will win there's huge chance that Bitcoin will still be in good situation.


That man gives me the creeps, because there is something extremely evil about him and I think he would just be an even more extreme version of the person who is president today. However, if he continues current policy, he will be supported by all those who think that he is good for business, regardless of all the other negativity that can (and very likely will) result from his possible victory in the next elections.

However, I think we are quite lost if we rely on the fact that the fate of BTC depends on policies and politicians from whom nothing good has ever come.