Opinion: Crypto Fans, It's Time to Say "No" to Joe Biden
Crypto fans (and everyday Americans) are counting down the days to November 2024. Why? Because that’s the month they can finally vote Joe Biden out of office for good.
Biden Has Done Nothing for America or Crypto Traders
Biden has arguably been the most destructive leader America’s ever witnessed. In just the last two years, the economy has fallen into disarray, inflation is at an all-time high, food and gas prices have soared, crime and homelessness have increased, and the American border is thinner than ever before. Each month, millions of undocumented migrants are making their way into the U.S., and Biden’s own party members are beginning to criticize his actions in this regard.
Putting all this aside, crypto fans and digital currency traders have a lot to be angry about. Biden’s weak economic policies and his constant signing of trillion-dollar spending bills have helped nobody. All they’ve done is cause prices to go up left and right. They’ve also caused the Federal Reserve to consistently hike interest rates, thus shutting several citizens out of the American dream. Many individuals can no longer afford cars or homes given that they’re unable to pay the interest that comes with taking out loans for such items.
These rate hikes have led the crypto space to a near-full collapse. Bitcoin, which reached a new all-time high of about $68,000 per unit in November of 2021, lost more than 70 percent of its value in less than 12 months and ended the 2022 year at less than $17,000. Pathetic… All that time and all those earnings gone because of one man’s incredible (and growing) incompetency. It’s too much for everyday traders to handle, and it needs to end.
In addition, Biden has regularly sought to penalize crypto traders while ultimately profiting from virtual assets. He has initiated an infrastructure bill secretly designed to scrutinize traders beginning in 2024. He has sought to hire 87,000 new IRS agents who will undoubtedly keep close eyes on all crypto investors and their activities, and he’s now using an Obama-era plan to allegedly shut the crypto space out of the financial spectrum fully.
Get Rid of Him!
Biden gives the impression that he’s not a crypto fan, yet while doing all this, he collected money from criminals like Sam Bankman-Fried and likely used stolen crypto funds to boost his 2020 campaign. It’s hypocrisy at its finest.
Crypto fans, the time has come to ask yourselves what Biden has really done for you… The answer is nothing. November 2024 is still a way off, but it’s never a bad idea to prepare early, and unless you want the bearish trends of the last year to continue, it’s time to stand up for yourselves and say “no” as loud as you can when 20 months from now, Biden asks for a second term in the White House.
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