The 2024 U.S. Election: A Week (or More) of Uncertainty

If you think the U.S. presidential election results will be clear by midnight on November 5th, you’re in for a surprise. Thanks to varying state policies on mail-in ballots and counting procedures, we might not know the winner for days—or even weeks. Here’s what you need to know:

Key Dates in the Election Process

1. Election Day (November 5): Voters cast ballots, but results? Not so fast.
2. Electoral College Vote (December): The 538 electors formally vote. Yes, the U.S. still uses this archaic system.
3. Congress Certification (January 6): If you thought January 6 was just a date for history books… think again.
4. Inauguration Day (January 20): The winner finally takes office—assuming no legal battles delay things further.

States That Love to Keep Us Waiting

• Pennsylvania: Mail-in ballots aren’t processed until Election Day. Expect delays.
• Michigan & Wisconsin: Another pair of swing states where counting takes its sweet time.
• Nevada & North Carolina: Mail-in ballots arriving days later? Totally normal here.

Why the House Matters Almost as Much as the President

A president without congressional support is like a trader without leverage—limited in power. The House controls spending bills, meaning fiscal policy (and crypto regulation) hinges on who holds the majority.

Market Implications: A Tale of Two Policies

• Harris Win: Big government spending, higher inflation, and a potential boost for altcoins (think 2021 vibes).
• Trump Win: Tariffs, lower taxes, and a Bitcoin bull run fueled by his sudden love for “American-mined BTC.”

Either way, volatility is coming. Buckle up.