#bitcoin and #politics are getting conjoined at the hip. The article below says Harris is trying for a Democrat reset. Two things: (1) as far as why? It's clearly money and votes that Trump's gaining and she's losing. Hard money is not a Democrat/Keynesian position. (2) Democrats/liberals must kowtow to green ecologists first and the bitcoin-kills-the-planet that's narrative that's been implanted will be hard to sway otherwise.
Kamala Harris seeks to ‘reset’ crypto relations: What’s behind the move?
Kamala Harris and DNC are under pressure to get a pro-crypto VP nominee and SEC chair.
To bitcoiners, Trump's speech https://www.youtube.com/live/EiEIfBatnH8?si=GxYagadnY2q0Oi_s may have seemed like more of a campaign stump speech and a bit underwhelming bitcoinwise. At least that's how I perceived it as he was speaking. Whereas other speakers were in Nashville to talk bitcoin, Trump was there to campaign and bitcoin was a topic in the campaign. Also, Robert Kennedy Jr. may have set the bar pretty high by laying out his plan with ambitious bitcoin reserve purchases. I like high goals, however, I'm not sure if his goals are even possible: buy 550 daily until 4 million. Umm, only 450 are minted per day. Who's selling? Zooming out... - RFK Jr. is much more free to say things. He has zero chance to win. He will not be president and his plans are moot (moot other than maybe in that they can serve to something of a "first offer" bargaining chip for Trump to react to). - Trump stands a good chance to win, at least 50/50. Thus, he needs to be more cautious in what he says. For instance, if he'd said, "I promise to replace the US dollar with bitcoin!", the crowd likely would have erupted in applause. However, burning down the house statements like that would be political suicide. You must win office to make changes in office. From a broad perspective, the speech was huge. We're taking steps here and this was a very big one. This post logged Trump's promises well:
Stacker News
Trump Promises - Bitcoin Nashville 2024 \ stacker news ~bitcoin
I think I got um all. We will see.... Build many power plants to support bitcoin mining, AI, and EV chargers End the war on Crypto led by Senator W...
 but here are my thoughts: - A former president and maybe next president spoke at the biggest (at least in US) bitcoin conference. That's de facto official recognition. That alone is a huge change from ignoring bitcoin, combating or criticizing bitcoin. - A bitcoin reserve or "stockpile" was promised. This is a step in the right direction. - The notion of keeping bitcoin in the US was big. It's rather general at this point, but hopefully that means protecting those who code, miners who mine, hodlers who hodl, etc. This is maybe bigger than the reserve, actually. - Personally, I really liked the advisory council proposal. That puts bitcoin "in the White House". That puts people who get it speaking into the president's ear, instead of the media's spin or hell-bent politicians trying to drum up public attention. A good advisory council could help keep the president on point. - Also personally, I thought the 1 BTC coin gift was pretty cool. Would love to see that sitting on the Resolute Desk. Overall, considering how far bitcoin has come, I think this will be seen in the future as a watershed moment. RFK Jr source:
Bitcoin 2024: RFK Jr. takes swings at Trump over bitcoin policy
 Trump bitcoin promises source:
Stacker News
Trump Promises - Bitcoin Nashville 2024 \ stacker news ~bitcoin
I think I got um all. We will see.... Build many power plants to support bitcoin mining, AI, and EV chargers End the war on Crypto led by Senator W...
In the US, Democrats often try to out-left each other with a "I'm more 'progressive than you" stance. And, Republicans try to out-right each other with a "I'm more conservative than you" stance. If we can get the parties to try and out-pro-crypto one another with a "we're more pro-bitcoin than you" stance, then we'll really be in business. #bitcoin
Democrats feeling left out and trying to shift the party narrative. If both parties start clambering to be "pro-crypto", that's very bullish for #bitcoin
Finbold
Bullish letter: Democrat politicians urge the party to embrace a pro-crypto stance
In another surprising shift, Democrat politicians wrote a letter to the Democratic National Committee (DNC) urging a pro-crypto stance.
If the "central criticism" of #bitcoin is that there's a "lack of practical, real-world use", then we're doing alright. Pretty sure hedging your wealth against inflation is a practical, real-world use case. And then there's actually buying stuff. A shirt on your back or food on your table is rather practical and real-world too. image Source: https://www.cnn.com/2024/07/27/politics/donald-trump-bitcoin-cryptocurrency/index.html
Coding (or rather, TRYing to code) might be the most humbling thing I've ever done. #coding #stayhumble
There's an orange #cat across the street who goes hunting each day. In a month, he's gotten a woodpecker, mouse, and toad. And that's just what I've seen without even trying to watch. Cat got skills.
Don't think it would pass at the moment, but I'd love to see a vote forced on this to better see where each Congressperson stands. Overall, bullish.
Coinspeaker
Wyoming Senator Cynthia Lummis Working on Legislation to Make Bitcoin Strategic Reserve - Coinspeaker
Three executives familiar with the matter said that Lummis is working on a draft bill to announce at the annual Bitcoin Conference.
 #bitcoin