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Bitcoin & Politics: Why I’m BULLISH For 2021!!πŸ’‰

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0:00 Intro
2:15 Contentious Election
3:52 Senate Battle
5:11 GOP Senate & Biden
8:25 Dem Senate & Biden
11:04 Professional Crypto Cupboard?
16:05 Vaccine & Bitcoin
20:07 Closing Ideas


⛓️ πŸ”— Useful Hyperlinks & Sources πŸ”— ⛓️

β–Ί Open Secrets and techniques Biden:
β–Ί Gary Gensler Op-ed:
β–Ί Pfizer Vaccine:
β–Ί Andrew Yang Bitcoin:
β–Ί Break up Congress Markets:
β–Ί Fed Steadiness Sheet:
β–Ί Joe Biden Coverage:


βš”οΈ Contentious Election βš”οΈ

Though the end result could have been challenged, it seems as if Biden has received the presidency. it does appear as if the worst potential outcomes seem to have been prevented. Monetary markets appear to be be rallying as there’s extra certainty about an consequence than there was simply previous to it.

πŸ‡ΊπŸ‡Έ Senate Management πŸ‡ΊπŸ‡Έ

To ensure that Biden to get his coverage by, he wants management of the Senate. Which means the democrats must win the January runoff election in Georgia.

If they don’t win then there’s prone to be a break up congress which implies that Biden will not be capable of do a lot on the fiscal stimulus aspect. It will imply that the Fed must step in with extra of that cash printing coverage. This might result in inflation and therefore demand for Bitcoin.

Alternatively, if Biden does get the Senate then because of this he can push by an bold spending bundle on the fiscal aspect that may assist to bolster the financial system. Nonetheless, there will probably be much less cash printing and therefore much less demand for Bitcoin.

If he’s additionally in a position to get his tax will increase by then because of this the wealthier Bitcoin hodlers must assume twice earlier than investing in Bitcoin. That is due to the truth that you’ve elevated capital beneficial properties tax.

πŸ—„ Biden Cupboard πŸ—„

Andrew Yang was one of the professional crypto democratic presidential candidates. He actively made the case for extra regulatory readability, eschewed the advantages of blockchain tech and even took Bitcoin donations.

So, having somebody like this working with Biden is little question a plus. Oh, and it must also be famous that Yang can even be heading to Georgia to assist the Dems win the senate – little question that might put him on a stable footing in the event that they do handle to tug one thing off there.

There was a a lot stronger proponent that could possibly be a Biden apointee and that’s Gary Gensler. Gensler is a professor at MIT who has given quite a few lectures on Bitcoin and blockchain know-how.

There’s additionally additional proof that Biden could possibly be extra professional Bitcoin and that’s the indisputable fact that the FTX CEO, Sam Bankman Fried, donated $5m to the Biden marketing campaign. It additionally implies that he can have Biden’s ear which may imply extra beneficial crypto regulation.

πŸ’‰ Vaccine Incoming πŸ’‰

If there’s a Vaccine it implies that individuals will be capable of return to their regular lives and this may imply a complete host of pent up demand being met. It will imply that you’ll have much more cash that will probably be chasing restricted items and that is demand pull inflation.

If there’s hyperinflation then individuals will probably be searching for these inflation hedges. There are fairly a couple of on the market nonetheless one of the best embody Bitcoin. As extra individuals will probably be demanding Bitcoin this might lead a large rally within the value.


πŸ“œ Disclaimer πŸ“œ

The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any specific consequence.

#Bitcoin #Election #Biden #crypto #buying and selling #blockchain #trump #senate #inflation

Source: Coin Bureau

49 Responses

  1. Inflation doesnt work as easily as mentioned here. We have a systematical problem for a long time now and it got obvious after 2008. The average Income has dropped to a level where it isnt sufficient to keep inflation(consumption) going. Same will happen after Covid. A short stimulus wont change much. More likely that houses and stuff get expensive, due to investments and state support for infrastructure. It also effects prices of some raw materials needed for these massive projects. Also China keeps their economy up, by building as much as they can.
    On the long term taxation for the rich and big companies will lead to an increase of inflation. It lowers the financial imparity and as known, normal and lower incomes will use the extra money for consumption, while rich people invest a good part and take it away from the consumption circulation.

  2. When the market is about to crash; gold and bitcoin jump up. Based on everything happening and the spike in bitcoin we can see that there will be a global economic crash. When the rich leave the market and enter bitcoin; They know something you don't.

  3. Would the Biden agenda welcome crypto via Stellar network? considering one of your latest videos where you explained that the Stellar Network will hold Central banks cryptos and would have the old banking system wales coming in through it (World economic forum Stellar presence and now in the IMF)

  4. Hi Guy, I enjoyed a few of your shows today. Thanks for you shows on using Coinbase and CB Pro, which helped me. Also appreciate your ideas about Bitcoin. I like Bitcoin and some altcoins. I wonder if you would take a look at a certain company that is building a blockchain, so will send you that question via your website contact. Thanks for the professional voice on crypto. Your views are well thought out and based a lot on good experience. You aren't shallow at all. HAGD. Greg

  5. Regarding the runoff vote for those 2 senate seats, consider this: a large majority of republican voters surveyed, (both hardcore Trump supporters and other) have indicated that they've lost faith in America's electoral system following the election result. So it's entirely possible that a large chunk of Republican voters in the relevant state (it's Georgia, right?) simply won't bother voting in the runoff. If this happens, the Democrats could very well scoop up those 2 seats and gain control of the senate.

  6. Biden is terrible for money. All his people are thieves. Think about it… This is the guy whonsaid with his OWN HEAD, "I've never had a real job."

    We're in for a downward slide as thieves can only live off of others until those others kill them or die.

  7. The evil mega corporations Google, Apple and Microsoft have a monopoly on smartphone operating systems. We need competition in that arena fron non malevolent companies who are not in league with communist China in setting up the social credit score. China owns Biden. Biden would accelerate everything evil.

  8. Guy, you know your crypto. But you've demonstrated that you still have a lot to learn about banking and politics. Biden, or any administration does not tell Powell or the Fed what to do; that's just not at all how it works. The Fed is part of the International Banking Cabal and they (and their owners the big banks and blood families) dictate and tell the Central Banks what to do. They also have 99.5% of Congress and politicians bribed, brownstoned, and in their back pockets. If you are unfamiliar with the power pyramid structure and their Modus Operandi, then have a look at: https://hive.blog/cabal/@libertyacademy/the-international-banking-cabal-exposed-4-part-series

  9. 19:39
    …it kicks gold to the curb…."

    Uh, no. Nope. Negative. Never. Not in a million years. Gold is absolutely irreplaceable. There is nothing that has its properties nor it's history.

    It is indestructible.
    It has properties that cannot be replicated.
    Anything Bitcoin can do, gold can do.
    It is mined at roughly the same rate as economic growth.
    It is tangible.
    It is finite.
    It has history.
    It is money.

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