USA elections

in #leofinance2 days ago

Hello!

I'm not american, so I'm not going to vote in the USA elections. However I know that this election is important for the future of Bitcoin. It's known that Gary Gensler and Elisabeth Warren would continue the war on crypto if Kamala Harris won. It's the worse outcome for crypto enthusiasts.

I particularly don't like any of the candidates, even if they change the candidates I would not feel sympathy for any of the parties. Politics and the system are flawed, it doesn't matter who is in charge. Nothing will change if we don't make governments smaller than they are now.

The principal issue most of the countries have is debt. USA has almost 36 trillion of debt, things will keep getting worse as the deficits and their interest keeps going. The only way out is to cut government spending (they will not do that) or print money to pay the debt. The second option will cause high inflation. They will fake the numbers of inflation but the medium and low class families will suffer the most.

If you don't have assets you will be paying the inflation. That's why it should be a number 1 priority for everybody to buy assets as soon as possible.

I hope you had a great day!

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