Bitcoin & Presidents & Chokepoint 2.0 (Patreon)
Content
The chart shows how Bitcoin's value has grown during different presidents' terms. It starts fresh at the beginning of each term to make it easier to compare.
The main point is this: In the past, the government didn't interfere much with Bitcoin. But the last administration created many problems. These included unclear rules from the SEC, delays in approving Bitcoin ETFs, and making it harder for crypto companies to use banks.
Now, with Trump's team in charge, things are changing. They're not just removing these obstacles, but also bringing in new rules and people to help Bitcoin grow. For example, SEC Chair Gary Gensler has quit, along with some FDIC staff who were causing problems. New people like Paul Atkins, who support Bitcoin, are being appointed.
While Bitcoin might not grow as fast as it did in the early days (because that's normal for early growth investments), two things could help it do better than last time:
There are fewer Bitcoins available to trade because people are holding onto them as I say harder than ever.
The new government supports Bitcoin's growth.
This means Bitcoin could perform better in this cycle than it did in the last one.
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