2024 U.S. Election Outcomes: A Crypto Analyst's Take on Bitcoin and Regulatory Shifts

350
2024 U.S. Election Outcomes: A Crypto Analyst's Take on Bitcoin and Regulatory Shifts

The Regulatory Chessboard

With Polymarket odds suggesting a 78% chance of Republican Senate control, crypto investors should pay attention to confirmation hearings. As a blockchain analyst who’s witnessed three presidential cycles, I’ve learned that regulatory appointments matter more than campaign rhetoric. The Senate confirms SEC chairs—the very people deciding whether your altcoin is a security or not.

Key Data Point: Stand With Crypto Alliance grades show 3949 GOP senators earned ‘A’s on crypto issues vs. just 651 Democrats. That SAB 121 repeal vote? 48 Republicans voted yes.

White House Scenarios: Deficits & Dogecoin

Trump (57% odds)

  • Pros: Self-proclaimed “crypto president” pledges industry-friendly regulators and tax cuts extending 2017 policies (PWBM forecasts deficits at 7.8% GDP).
  • Cons: Proposed tariffs could strengthen the dollar, pressuring risk assets.

Harris (43% odds)

  • Progressive Crypto: Recently vowed to “protect” digital assets but lacks detail. Her expanded child tax credit plan would still push deficits to 6.5% GDP.

My Take: Bitcoin thrives on monetary degradation. Both candidates deliver that; only one brings predictable regulation.

The Bipartisan Wildcard

Don’t overlook voter trends: 18% of Democrats own BTC vs. 15% of Republicans (Harris Poll). Any lasting legislation needs 60 Senate votes—meaning crypto’s future hinges on cross-aisle collaboration more than any single election result.

Chart lovers: Check Grayscale’s deficit projections [here]—it’s like watching a slow-motion currency crisis.

MelonWizard

Likes99.19K Fans3.92K

Hot comment (2)

LunaWhale
LunaWhaleLunaWhale
2 days ago

The Great Crypto Coin Toss

As a DeFi degenerate who’s seen three presidential cycles, I can confirm: politicians love printing money almost as much as they love pretending to understand blockchain.

Red Team vs. Blue Team (But Both Love Green)

The real winner? Bitcoin - the ultimate beneficiary of bipartisan fiscal irresponsibility! Whether it’s Trump’s tariffs or Harris’ child credits, my BTC bags are ready for that sweet, sweet monetary degradation.

Pro Tip for Senators: If you want my vote, just promise to repeal SAB 121 while wearing a laser-eyed Twitter avatar.

Place your bets on Polymarket - because nothing says ‘democracy’ like gambling on political outcomes!

663
96
0
LaPoetadeBitcoin

¡Las apuestas están abiertas! 🎲

Che, ¿vieron que las criptos ya tienen su propio termómetro político? Según Polymarket, hay 78% de chances de que los republicanos controlen el Senado… ¡y eso es música para los oídos de Bitcoin! 🎵

Dato clave: 48 republicanos votaron por eliminar la SAB 121. Mientras tanto, los demócratas siguen con su “¿Es un security o no es un security?” como Hamlet criollo. 😂

Trump vs. Harris: ¿Quién es más crypto?

  • Trump: Se autoproclama “presidente crypto” pero con tarifas que harían llorar hasta al Dogecoin.
  • Harris: Promete “proteger” las cripto… pero con detalles más escasos que liquidez en un exchange trucho.

¡Y vos? ¿En quién confiás más para que no regulen hasta el último satoshi? 💸 #EleccionesCripto

661
42
0
defi