Could Kamala Harris Be Better for Bitcoin Than Trump?
Many people think Donald Trump is the "crypto candidate" because he's shown support for Bitcoin recently.
However, some analysts from VanEck believe that Kamala Harris, the Democratic candidate, might actually benefit Bitcoin even more if she becomes president.
Why Could Harris Be Better for Bitcoin?
VanEck analysts suggest that a Harris presidency could keep the U.S. dollar weak due to ongoing economic policies, which might push more people toward Bitcoin.
As inflation continues to rise and traditional money loses value, Bitcoin could serve as a protection against these issues.
They argue that Harris would indirectly boost Bitcoin adoption by allowing current financial problems to persist.
This makes Bitcoin more attractive as an alternative to regular money.
Trumpâs Impact on CryptoÂ
Trump, however, might be better for the entire crypto ecosystem. The analysts believe he would likely introduce policies that support crypto businesses and promote innovation.
Trump has also embraced Bitcoin, using it for payments and launching his own DeFi project, World Liberty Financial.
What I think đĄ
While Trump is seen as more crypto-friendly overall, Harrisâs economic policies could make Bitcoin more valuable in the long run by highlighting the flaws in the traditional financial system. Both candidates have the potential to influence the future of crypto, but in different ways.
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