{"id":264110,"date":"2024-11-08T11:56:02","date_gmt":"2024-11-08T11:56:02","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/11\/08\/bitcoins-time-has-come-with-the-us-election-results\/"},"modified":"2025-06-25T17:10:34","modified_gmt":"2025-06-25T17:10:34","slug":"bitcoins-time-has-come-with-the-us-election-results","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/11\/08\/bitcoins-time-has-come-with-the-us-election-results\/","title":{"rendered":"Bitcoin\u2019s Time Has Come With The US Election Results"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<figure>\n<p>                        <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEwNTU1NTM1NTg0NDA1MzI5\/takws.jpg\" height=\"91\" width=\"1200\"><\/p>\n<\/figure>\n<figure>\n<p>                        <img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjA5NjU2NTE0MzcyMTgzMjAw\/screenshot-2024-09-30-at-101601am.png\" height=\"800\" width=\"827\"><\/p>\n<\/figure>\n<p>It finally happened. <a href=\"https:\/\/bitcoinmagazine.com\/tags\/donald-trump\">Trump<\/a> won the 2024 election and became the 47th President of the United States of America. <\/p>\n<p>Simply put, this presidential victory changes everything for Bitcoin.<\/p>\n<p>As a non-U.S. bitcoiner, I usually don&#8217;t care much about the US election and what happens in the U.S. But this time, it was different. I watched it closely. I was rooting for Donald Trump to win. Due to Trump&#8217;s pro-Bitcoin pledges, I saw this election as a referendum on the old monetary system.<\/p>\n<p>Let&#8217;s be real, when the U.S. sneezes, the world catches a cold. Almost every country looks to American regulations as the blueprint for new technologies.<\/p>\n<p>Now, with Trump pledging to make Bitcoin a reserve asset and pro-Bitcoin senators like Cynthia Lummis <a href=\"https:\/\/www.lummis.senate.gov\/wp-content\/uploads\/BITCOIN-Act-FINAL.pdf\">pushing for a bill <\/a>for the US to buy Bitcoin and adopt it as a strategic reserve asset, every other nation has been put on notice. They must embrace Bitcoin or get left behind.<\/p>\n<p>Regulators worldwide face a massive FOMO moment. We should expect a wave of Bitcoin and crypto-friendly policies as countries scramble to accumulate Bitcoin reserves. No one wants to miss the boat.<\/p>\n<p>This is the point of no return for Bitcoin&#8217;s legitimacy. Regulators can no longer dismiss it as some criminal tool. Now, it will be a reserve asset shining bright on the world&#8217;s center stage.<\/p>\n<p>I foresee trillions flowing into Bitcoin from sovereign wealth funds, pensions, endowments, and more. The institutional FOMO will be unreal.<\/p>\n<p>What will the world be like when banks and governments are racing to accumulate? I don\u2019t exactly know. But as someone who&#8217;s been in Bitcoin for 8 years, this moment feels surreal. I never imagined we&#8217;d be here so soon. <\/p>\n<p>Bitcoin&#8217;s time has come, and the next four years will propel it into the stratosphere as we move one step closer to hyperbitcoinization.<\/p>\n<p><em>This article is a <\/em><a href=\"https:\/\/bitcoinmagazine.com\/takes\/bitcoin-magazine-introduces-opinion-takes\"><em>Take<\/em><\/a><em>. Opinions expressed are entirely the author&#8217;s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.<\/em><\/p>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/takes\/bitcoins-time-has-come-with-the-us-election-results-\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] It finally happened. Trump won the 2024 election and became the 47th President of the United States of America. Simply put, this presidential victory<\/p>\n","protected":false},"author":1,"featured_media":264111,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/264110"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=264110"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/264110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/264111"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=264110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=264110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=264110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}