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Bitcoin => Bitcoin Discussion => Topic started by: HabBear on January 14, 2017, 04:59:56 PM



Title: Bitcoin sponsors in the White House?!
Post by: HabBear on January 14, 2017, 04:59:56 PM
Bitcoin Goes to Washington – Trump May Hire More Digital Currency Leaders - Bitcoinist.net
https://apple.news/AVwHS4RTRP0m-YKp4KVFLqw (http://Bitcoin Goes to Washington – Trump May Hire More Digital Currency Leaders - Bitcoinist.net
https://apple.news/AVwHS4RTRP0m-YKp4KVFLqw)

Just read this news that a few well known Bitcoin sponsirs are bring looked at for non-bitcoin related positions in the White House. Peter Thiel and the founder of 21.co.

I wonder how this will increase discussions about the currentcy. I'd love to see it more widely acceotrd around the country (not to mention the World.)

Your thoughts?


Title: Re: Bitcoin sponsors in the White House?!
Post by: xhomerx10 on January 14, 2017, 11:25:49 PM
I wouldn't expect any discussions about Bitcoin in the Whitehouse.  Donald Trump has recently said: “I think that computers have complicated lives very greatly. The whole age of computer has made it where nobody knows exactly what’s going on.”
That being the case, I would imagine any discussion with him about Bitcoin would be unlikely or at best, fruitless.



Title: Re: Bitcoin sponsors in the White House?!
Post by: unamis76 on January 14, 2017, 11:46:46 PM
Bitcoin sponsors and White House in the same sentence don't go well with each other. People related to Bitcoin working with governments has only one objective, helping with possible regulations, so there's no "sponsorship".

My thoughts are that it might get discussed in congress or something similar and the newly elected president won't really care about it.


Title: Re: Bitcoin sponsors in the White House?!
Post by: cpfreeplz on January 14, 2017, 11:53:41 PM
Lol ya I think people just want to believe he's a huge supporter but I doubt he is.

Source: https://www.cryptocoinsnews.com/donald-trump-charles-schumer-bitcoin/ (https://www.cryptocoinsnews.com/donald-trump-charles-schumer-bitcoin/)
Here's a snippet:

Quote
Senator Schumer has called Bitcoin “untraceable.”

And I called senator Schumer mentally incompetent. I'm pretty sure a currency where literally anyone in the world can watch your transactions is traceable hahaha! Duuuhhh.


Title: Re: Bitcoin sponsors in the White House?!
Post by: Yakamoto on January 15, 2017, 01:03:33 AM
It means we're going to have some good words within the White House for right now, but there is nothing yet to prove that they're going to actually do anything during their time there.

The good news is that we can expect nothing bad to happen during Trump's time in the White House, best case we do get some pro-Bitcoin legislation, if at all necessary.


Title: Re: Bitcoin sponsors in the White House?!
Post by: rajasumi3 on January 15, 2017, 05:52:02 AM
yes there may be discussion about bitcoins developing as currency but adopting it fully in the country, i do not think it s gonna happen under the leadership of that government .it might happen in the later years like 20 -30 years later .not near soon.


Title: Re: Bitcoin sponsors in the White House?!
Post by: HabBear on January 15, 2017, 06:02:58 AM
For the record, I don't think the US or any developed country will adopt a currency that they don't have full control over.

Bitcoin isn't going to be adopted in lieu of the Dollar. Nor do I think there's any discussion even close to that idea. I'm more intrigued with the idea that people that are such open and reputable supporters of Bitcoin are being brought into the White House as advisors for one or a number of other reasons. It opens the opportunity for bitcoin viability and use and longevity (outside and alongside fiat) of the currency.

yes there may be discussion about bitcoins developing as currency but adopting it fully in the country, i do not think it s gonna happen under the leadership of that government .it might happen in the later years like 20 -30 years later .not near soon.


Title: Re: Bitcoin sponsors in the White House?!
Post by: Xester on January 15, 2017, 06:30:36 AM
We do not know what will be its effects on bitcoin. We still dont know if those advisers will bring more advantages to bitcoin or if Trump will accept their proposals for bitcoin. But one thing for sure Trump coins has increased in value from 7k satoshi to 30k satoshi. Though I dont know what is the actual relation of PResident Trump to trumpcoin but after Trump won the election the coins has increased in value and during his entrance to the white house another price increase happens.


Title: Re: Bitcoin sponsors in the White House?!
Post by: Juggy777 on January 15, 2017, 07:11:22 AM
Too early to be excited about it, this is just a media hype so I would not buy to much into it. I would rather avoid it, cause this is trump we are talking about. He's very mysterious and confusing, look at all his policies and statements, he will say one thing then speak on another, he keeps every thing a mystery and I don't see the btc price being affected by it in any way, until he comes and say btc umm nasty coin that will rise and just rise tull then just avoid being excited.


Title: Re: Bitcoin sponsors in the White House?!
Post by: veleten on January 15, 2017, 09:47:39 AM
We do not know what will be its effects on bitcoin. We still dont know if those advisers will bring more advantages to bitcoin or if Trump will accept their proposals for bitcoin. But one thing for sure Trump coins has increased in value from 7k satoshi to 30k satoshi. Though I dont know what is the actual relation of PResident Trump to trumpcoin but after Trump won the election the coins has increased in value and during his entrance to the white house another price increase happens.

Trump coin is in no way connected to either Donald Trump or bitcoin in general
we can only speculate on how his presidency would affect bitcoins and cryptocurrency in general
but  IMHO he as an enterpreneur and a billionaire should know how to not interfere with  financial instruments,especially when there is no direct
competition with his own businesses
I doubt he knows much about bitcoins but I surely hope that there will be no rush decisions by him or his team regarding it


Title: Re: Bitcoin sponsors in the White House?!
Post by: Kprawn on January 15, 2017, 02:14:08 PM
I am always a optimist, when I look at things like this. I would much rather have someone with Bitcoin knowledge and history there, than

someone without. People tend to be over cautious when they have to deal with something unknown to them. These guys can give him good

advice and this might speed up regulation in this regard.  ;)


Title: Re: Bitcoin sponsors in the White House?!
Post by: Victorycoin on January 15, 2017, 02:46:01 PM
It means we're going to have some good words within the White House for right now, but there is nothing yet to prove that they're going to actually do anything during their time there.

The good news is that we can expect nothing bad to happen during Trump's time in the White House, best case we do get some pro-Bitcoin legislation, if at all necessary.
I agree with you, even if no significant move is made in White House to consolidate bitcoin, the presence of people in White House in support of bitcoin no doubt would not fold their hands or close their eyes when a wrong impression or damage is meant for bitcoin,


Title: Re: Bitcoin sponsors in the White House?!
Post by: iqlimasyadiqa on January 15, 2017, 03:17:23 PM
yes there may be discussion about bitcoins developing as currency but adopting it fully in the country, i do not think it s gonna happen under the leadership of that government .it might happen in the later years like 20 -30 years later .not near soon.
I even found probably about 10 years bitcoin be accepted fully. we can see that the current bitcoin so real and exist in each of our lives.


Title: Re: Bitcoin sponsors in the White House?!
Post by: BoXXoB on January 15, 2017, 03:23:16 PM
yes there may be discussion about bitcoins developing as currency but adopting it fully in the country, i do not think it s gonna happen under the leadership of that government .it might happen in the later years like 20 -30 years later .not near soon.

The only case I would see a cryptocurrency or something similar being adopted in a country would be if they came up with something of their own. Bitcoin won't be the one to do that as there's no control over it (like someone already mentioned earlier).

Now back to the topic. I honestly doubt that bitcoin enthusiasts working in the White House would have as big effects as some might think. Takes a lot of people to have any kind of an effect and frankly there just isn't any incentive for most politicians to support bitcoin.


Title: Re: Bitcoin sponsors in the White House?!
Post by: digaran on January 15, 2017, 03:29:08 PM
BS, totally, we all are bitcoins sponsors and no one can be the figure head or representative of bitcoin except satoshi, and he already has shown his intentions by developing blockchain so everyone could agree on his instances about bitcoin. every body knows presidents are just poppets and real power of making decisions in major policies come from some where else. bitcoin only has one father and everything else is just people using it.


Title: Re: Bitcoin sponsors in the White House?!
Post by: carlerha on January 15, 2017, 07:22:41 PM
I wouldn't expect any discussions about Bitcoin in the Whitehouse.  Donald Trump has recently said: “I think that computers have complicated lives very greatly. The whole age of computer has made it where nobody knows exactly what’s going on.”
That being the case, I would imagine any discussion with him about Bitcoin would be unlikely or at best, fruitless.
yes i also  think so. i think they may not be still giving any preference to bitcoin but i think in future we can expect that when the users of bitcoin will increase too much. and they will put pressure on US government to give legal status to bitcoin.


Title: Re: Bitcoin sponsors in the White House?!
Post by: twodrive01 on January 15, 2017, 07:34:34 PM
Trump has more things to worry about than BTC. He would discuss blockchian over BTC which still isnt bad.


Title: Re: Bitcoin sponsors in the White House?!
Post by: royalfestus on January 16, 2017, 09:39:58 AM
What is on the media about an elected president in US doesnt hold water now. Most of his policies are not being welcomed by his associate and I think bitcoin will be the least of his worries. Let's give him time, he learn by the things he goes through.


Title: Re: Bitcoin sponsors in the White House?!
Post by: Tanic on January 16, 2017, 09:44:50 AM
Bitcoin sponsors and White House in the same sentence don't go well with each other. People related to Bitcoin working with governments has only one objective, helping with possible regulations, so there's no "sponsorship".

My thoughts are that it might get discussed in congress or something similar and the newly elected president won't really care about it.

I am pretty sure that it's all just a game that Trump organized. They play on speculation of bitcoin by giving such negative prognoses and plans. All made to make US people sell their bitcoins, I think Trump is the biggest hidden investor in bitcoin of the USA.


Title: Re: Bitcoin sponsors in the White House?!
Post by: BingoDog on January 16, 2017, 09:57:47 AM
I'm sure that Trump is not interested in bitcoin at all. Maybe this people are bitcoin sponsors but probably have some other functions and roles and the conversation would be about something else. I don't beleive that Trump has will to help bitcoin in any way at all.


Title: Re: Bitcoin sponsors in the White House?!
Post by: nara1892 on January 16, 2017, 11:39:54 PM
Bitcoin sponsors and White House in the same sentence don't go well with each other. People related to Bitcoin working with governments has only one objective, helping with possible regulations, so there's no "sponsorship".

My thoughts are that it might get discussed in congress or something similar and the newly elected president won't really care about it.

who knows? why are you so sure? I think there are a lots of possibilities about bitcoin sponsors and white house. probably there will be an agreement of using bitcoin as one of legal currency of America, or anything.


Title: Re: Bitcoin sponsors in the White House?!
Post by: topesis on January 17, 2017, 05:05:18 AM
I don't really think it will do much for Bitcoin, it all depends on how the main man (Mr. Trump) view Bitcoin, if it is neutral then they may influence things but knowing that it is being dominated but the Chinese market, I don't think Mr. Trump will go for BTC


Title: Re: Bitcoin sponsors in the White House?!
Post by: stadus on January 17, 2017, 07:03:05 AM
I wouldn't expect any discussions about Bitcoin in the Whitehouse.  Donald Trump has recently said: “I think that computers have complicated lives very greatly. The whole age of computer has made it where nobody knows exactly what’s going on.”
That being the case, I would imagine any discussion with him about Bitcoin would be unlikely or at best, fruitless.


His statement does not mean that it is his belief until the end of his term or the end of his life. The fact that they honor the discussion in the white house, there is always a chance that the President might be convince and will eventually change his mind. Let's be positive, it's all for us.


Title: Re: Bitcoin sponsors in the White House?!
Post by: sportis on January 18, 2017, 05:44:30 PM
I really believe that Trump will be positive about bitcoin. Previous president had not call to White House any bitcoin supporter had he? Trump before officially takes over the presidency has already met with two of them. Moreover there is another one the budget chief Mulvaney who is an enthusiast bitcoin proponent. Therefore I conclude that Trump is not only the president of USA but is an entrepreneur too and he understands the potentiality of bitcoin and is matter he cannot ignore.



Title: Re: Bitcoin sponsors in the White House?!
Post by: eternalgloom on January 18, 2017, 09:26:51 PM
I don't really think it will do much for Bitcoin, it all depends on how the main man (Mr. Trump) view Bitcoin, if it is neutral then they may influence things but knowing that it is being dominated but the Chinese market, I don't think Mr. Trump will go for BTC
Maybe that's exactly the reason why Trump would be in favour of Bitcoin, to get miners back to the US and keep it 'out of Chinese hands'.
Pure speculation of course, I actually doubt that Trump would even acknowledge Bitcoin..


Title: Re: Bitcoin sponsors in the White House?!
Post by: Cryptopher on January 19, 2017, 01:21:48 AM
I wouldn't be at all surprised if there were a few bagholders in the top-end of the US Government, hodling their way to greater riches.


Title: Re: Bitcoin sponsors in the White House?!
Post by: bosian on January 19, 2017, 02:46:50 AM
Don't think Trump interested in bitcoin at all, he has enough things to worry about, bitcoin is not one of them.


Title: Re: Bitcoin sponsors in the White House?!
Post by: chicken65 on January 20, 2017, 09:17:01 AM

Trump has no issues with Bitcoin whatsoever. Doesn't even come on his radar. When and if it does he will be fine with it. He's an entrepreneur, he understands.
However, Clinton was definitely going to do something about it. Few in the Crypto world know this but you can bet that communist wouldn't have liked the
idea of such self empowerment.

Peter Thiel is the one to watch. he's on Trumps team. When I say watch, I'm sure he will be pro BTC in the sense he certainly wont try and legislate it