3 ms·
Bitcoin breaks above its all-time high of $73,777
- innocentdang 2y ago[flagged]
- bloomingkales 2y agohttps://www.barrons.com/amp/articles/bitcoin-election-trump-harris-fd3d3ebf https://www.barrons.com/amp/articles/bitcoin-election-trump-... Generally, it’s believed that Trump would give the most support to Bitcoin. Trump attended a major Bitcoin conference over the summer, where he promised to make the U.S. “the crypto capital of the world” and to hold Bitcoin for strategic purposes. He’s also promised to oust Securities and Exchange Commission Chair Gary Gensler in favor of a more crypto-friendly regulator.
- paulpauper 2y agoI would put the probability as very low of Trump delivering on any of those things
- bloomingkales 2y agoSame. Speculative currencies are gonna speculate, and politicians are gonna politician.
- gsky 2y agoWe live in a BS world. Its all about bullshitting to the moon. no body cares about the trut anymore
- npoc 2y agoBitcoin is truth in a mad world. Bitcoin doesn't need Trump. Trump needs bitcoin.
- plaidfuji 2y agoBitcoin is partially an index of political instability. Anything that has potential to significantly accelerate global divestment from the dollar is a positive for crypto. Trump winning the White House would do that. Even a protracted vote tally resulting in a Harris win would bode well for crypto, if it came along with court battles and violence that further exacerbate America’s political instability.
- npoc 2y agoIt's simply protection against theft that is money supply inflation. Did you know that the number of dollars doubles every decade on average? And the effect that has on the value of each dollar (it halves it).
- srivmo 2y ago> Did you know that the number of dollars doubles every decade on average? And the effect that has on the value of each dollar (it halves it). But so do pretty much all developed world currencies isn't it? And relatively speaking dollar has pretty much increased or remained stable against other currencies including EUR, GBP over the last decade or so.
- herbst 2y agoDepends on where you are looking from. EUR & USD perform kinda badly the last years compared to CHF So either swiss is doing super well or everyone else isn't.
- npoc 2y agoYes, that's the point. Bitcoin offers a global escape from the enormous stealth theft that most people aren't aware is even happening to them.
- JSDevOps 2y agoChange the record. People are getting sick of hearing this.
- paulpauper 2y agohere we go again. more likely it will fall back down than keep going up, if recent history is any guide.