{"id":32590,"date":"2024-11-08T11:32:46","date_gmt":"2024-11-08T11:32:46","guid":{"rendered":"http:\/\/ci02ec0b13600027e9"},"modified":"2025-02-19T10:47:48","modified_gmt":"2025-02-19T15:47:48","slug":"bitcoins-time-has-come-with-the-us-election-results","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/takes\/bitcoins-time-has-come-with-the-us-election-results","title":{"rendered":"Bitcoin\u2019s Time Has Come With The US Election Results"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><figure><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/01\/takws.webp\" title=\"\"><\/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\" target=\"_blank\" rel=\"noopener\">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","protected":false},"excerpt":{"rendered":"<p>Trump&#8217;s win puts the world on notice to embrace Bitcoin or get left behind! <\/p>\n","protected":false},"author":2513,"featured_media":771,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[76,61,59,397],"class_list":{"0":"post-32590","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-takes","8":"tag-bitcoin","9":"tag-donald-trump","10":"tag-opinion","11":"tag-usa"},"author_data":{"id":2513,"name":"Vivek Sen","nicename":"vivek-sen-bitcoin","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/03\/cropped-vivek-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/MjA3ODY1OTQzMzExNzg3MzI4.webp","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/32590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2513"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=32590"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/32590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/771"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=32590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=32590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=32590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}