Seventeen months can seem like a fair piece down the path, especially with so much going on in the here and now, but with a virtual ton of candidates already jumping into the Presidential fray and the literal circus that has befallen our once respected country, the 2020 elections are front and center for many of us.
Of course with so many hot-button topics making their way to the top of town hall discussions, Twitter feeds, opinion pieces, and so on, they are giving reporters and copywriters plenty of material.
With the crypto winter finally appearing in our rearview mirrors and Bitcoin and many of the altcoins experiencing a nice bull run of late while the stock market continues to suffer under the current administration’s trade war, it’s inevitable that the candidates will eventually start chiming in on cryptocurrency.
But we’re not quite there yet.
Bernie Sanders is the Vermont junior United States Senator who had an unsuccessful run for Democratic nomination for President in 2016. While he hasn’t publicly come out on either side of crypto, some of his ideals and “socialist” policies could have a positive and lasting effect on the industry if he does happen to become President.
With his senior economic advisor, Stephanie Kelton, tweeting last month that “the USA can’t run out of dollars,” the immediate reaction from the peanut gallery was one of slight disbelief. Opting to simply print more money in order to ensure that we don’t “run out” would only lead to hyperinflation. This of course could open the floodgates to crypto investing as it has done in countries suffering from this fate like Venezuela.
Joe Biden, the former Vice President and apparent Democratic frontrunner, especially if you watch Trump’s and Giuliani’s Twitter tirades, has a lot to say about a lot of topics lately, but crypto hasn’t been one of them. Apparently there was a group back in 2016 that was pushing Bitcoin donations for a possible Biden Presidential run, his current campaign site doesn’t appear to be accepting any sort of cryptocurrency donations, opting for cold hard USD cash instead.
The last candidate I took a look at for this article was Kamala Harris (no relation), but once again there is nary a word regarding cryptocurrency. While she has plenty on her plate at the moment, once again thanks mostly to the current administration’s goofball moves, idiotic comments, and unconstitutional stalling tactics, if she stays in the race then we’ll likely start getting some sort of inclination on where she stands on the subject.
If cryptocurrencies stay on this bull run and the stock market continues to flub its way through life, we may even start seeing Trump weigh in on the subject. However, with the way things are looking right now and the almost daily headlines painting the entire administration in a bad light (looking at you White House aides and the U.S.S. John S. McCain fiasco… not to mention Mueller’s address to the nation that Trump, Sarah Sanders, and every Trump follower want to pretend didn’t mean anything)… the man who would be King may have a lot more important things on his mind over the next 17 months…. or 20 years or so.
– This article was originally posted at CryptoTraderNews
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