You should also factor in the possibility of the Biden regime getting really draconian towards bitcoiners. Lots of bitcoin donations are flowing into the Trump campaign and I think that makes us more of a target.
Maybe but I think they have lightened their stance on "crypto" because they know it is a losing issue. No one is a single issue anti-crypto voter but there are a lot of single issue crypto voters. I don't think it is as large a pool as the coinbases of the world like to purport but they obviously got spooked or the eth etf wouldn't never have gotten approved. Odds were at 15% and then suddenly Trump is coming out saying I will protect your bitcoin and crypto and a couple days later the etf is approved.
reply
Maybe so, but they started backing off before Trump started drawing lots of political donations in bitcoin.
I wouldn't underestimate how vindictive they can be. We would not be a difficult group to demonize, if they set their minds to it.
reply