The article discusses the potential impact of a Harris administration on the cryptocurrency market. It argues that while a regulatory crackdown on cryptocurrencies may have caused short-term market volatility, the fundamental resilience of cryptocurrencies would not have been significantly altered. The example of Monero is used to demonstrate how a cryptocurrency can thrive despite being delisted from major exchanges and facing severe restrictions. The article emphasizes that the decentralized architecture of cryptocurrencies makes them difficult to censor or shut down, regardless of the regulatory environment. It also highlights Bitcoin's ability to survive numerous challenges and suggests that political leadership has limited power to prevent cryptocurrency adoption entirely. While a Harris administration may have influenced the path to mainstream adoption, the underlying resilience of cryptocurrency networks ensures their survival.
Content Editor ( forbes.com )
- 2025-01-19
Would Bitcoin Be Trading At $50k If Kamala Harris Was President?
