11min chapter

The Bitcoin Frontier cover image

Bitcoin in the 2024 US presidential election with Dennis Porter

The Bitcoin Frontier

CHAPTER

Understanding Bitcoin Reserves and Political Advocacy

This chapter emphasizes the need for Bitcoin service providers to establish proof of reserves policies to enhance consumer protection and investor confidence. It highlights the potential impacts of grassroots movements advocating for Bitcoin-friendly policies at the state level, as well as the implications of voter demographics on electoral outcomes regarding Bitcoin. The discussion includes skepticism towards prediction markets in the upcoming 2024 US presidential election, shedding light on how a mobilized group of pro-Bitcoin voters can influence political landscapes.

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