What Will Bitcoin Do Under Harris vs Trump?

Season 2 Episode 20

Hi SatsCrew,

We are just a few weeks out from the election and now more than ever, it is important to get out and vote to save this country. In this podcast, I will talk about the following:

Things are getting extremely divisive in this country right now
It is known Harris administration has been relentlessly going after Bitcoin/Crypto with chokepoints 1 & 2.0
Trump is known he is taking a more favorable approach to Bitcoin
- Launching his own $h%$*#Coin
- Surrounding himself with players in this industry
- Speaking at Bitcoin Conference
What will happen under a Harris vs Trump admin with Bitcoin
For Harris
- Many people working on bitcoin projects will face heightened scrutiny
- Unrealized taxes as well as capital gains will likely be implemented against Bitcoin/crypto
- A CBDC will likely be targeted for a rollout
- A lot of money printing will happen, and the price of Bitcoin will rise significantly
For Trump
- Many altcoins will start to pump, and I think he will appoint a new head of the SEC
- The crypto industry will likely enter a whole new bull run with many people making millions all over again
- He will be friendly to both Bitcoin and crypto alike
- He will continue launching NFTS and altcoins which will help enrich his family
- I think it will be more of a free market
- There is signaling he will hold Bitcoin on the U.S. government balance sheet which is pretty bullish for the price (And Maybe even start a strategic buying fund)
- Of course there will be more money-printing
Both situations are money printing, one just leans more socialist and this is why we need to get out and vote
In the end, there is red there is blue, there is the state and there is you
It is critical to speak up for the Orange party as it is the most based on its principles, and right now that is Trump

I hope you all enjoyed this one!

Best Regards,

SatsMate

Referral to Stacker News: Circular economy with bitcoin discussions involved! https://stacker.news/r/SatsMate

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Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an in

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Published on 1 year, 2 months ago

Podcast Episode Details

What Will Bitcoin Do Under Harris vs Trump?