Bitcoin entering the U.S. presidential election soundly and moving votes, certainly highlights a step forward in the much-needed adoption and equally helps to talk about it as we approach the real bullrun 2025, then in future adoption.

Let's go in order:

At the beginning of 2022, President Biden seemed to want to integrate the crypto sector into federal economic strategies, only to backtrack when the events of the three arrows, Celsius, Earth, and the worst with FTX occurred. At this point, an executive order by POTUS Biden tends to regulate the crypto sector by creating a crypto central bank and unleashing the SEC to wage war against the sector. The SEC has lost every battle so far: from the Ripple case to BTC ETFs and ETH. The watchwords have always been industry stability, consumer protection, some regulation, in short CONTROL. Then, in early 2024, another change of direction with meetings with crypto industry representatives and entrepreneurs to discuss the evolution of the crypto industry and possible federal support.

May 2024: At the Libertarian Convention, Trump, in addition to the usual MAGA theory, comes out with a totally opposite vision to the one Biden had up to that point, in fact, whether for reasons of vision, expediency or simply because the little guy from Mar-a-Lago has a superior flair by orders of magnitude to his opponent, he comes up with 4 key points for the crypto industry:

Of course, for those who experienced it live, it was a jubilation, at that moment trending on X, the agencies beating news go-go, a future with clouds finally unraveling. Then, when all is said and done, as always, you're looking at a politician on the campaign trail, so we'll see. Of course, admitting that he will do some things on his "day one" can hardly make him run away for four years.

At this point, precisely because the whole world is one country and a politician has to jump on as many bandwagons as possible, Biden decides to repeal the regulation under discussion in the House (SAB 121), deeming it outdated and thus rejecting the line of Treasury Secretary Janet Yellen, a discreet octogenarian professor at Berkley and with a brilliant past at the Federal Reserve, so much so that she was an advocate of the much discussed 2% inflation target instead of the zero target that Greenspan wanted. The subsequent toying with interest rates led to the bursting of the dot-com bubble. So the Biden gerontocracy takes another step towards the crypto sector and we are in the fourth or fifth gear, just to say how much they and their advisors understand about crypto.

My personal opinion: the crypto sector in general is one thing, bitcoin is another and they should be treated separately.Perhaps ETH could fit into the inner circle defined by Bitcoin as a proponent of future DeFi.I certainly wouldn't mix it up with various dogs and frogs.

We'll see how things develop, in the meantime let's collect, add and then in the next 4 years evaluate who did what.