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Bitcoin => Bitcoin Discussion => Topic started by: tread93 on June 02, 2024, 09:10:03 PM



Title: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: tread93 on June 02, 2024, 09:10:03 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: letteredhub on June 02, 2024, 09:37:59 PM
All of these socio-political battle between Trump and Bidin will eventually can me to an end immediately the US election is done with. All the rising tensions are just geared to the election and nothing more. Which makes the fiat vs bitcoin comparison to Biden vs Trump not really in place. Pardon me to say that Trump is sort of clamouring for cryptocurrency because he see that as a strong to gather support from all crypto enthusiasts in his ambition, am sure if he was to be in Biden's shoe he would have done same and Biden would have also done the reverse.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: thecodebear on June 02, 2024, 11:10:34 PM
More like normal person vs corrupt lying traitorous convinced felon


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Assface16678 on June 02, 2024, 11:26:44 PM
Well, it's given to Biden to be anti-crypto currency, but still, even though Trump is into crypto currency, it's hard not to be suspicious of Trump's intentions. Of course, it will be beneficial for us holders if he can make his promises, but what if it is just for the votes? Or just to make people know him and most likely vote for him? I mean, crypto currency has quite a population, and for sure, if Trump can get the trust of many crypto holders, then it will be a huge advantage to him in terms of votes. Anyway if trump can really make its promises about crypto currency then it would be beneficial to us, its a win win situation, we can make him win and at the same time we could have an assurance that we have a strong person or politician that could back us up and protect as crypto currency holders.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: BlackBoss_ on June 03, 2024, 01:37:00 AM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
They are politicians and can change their political approaches when they see a change will help them to gain benefit for their political career.

Trump and Biden are the same, their mindset on Bitcoin and cryptocurrency can change with time.

Trump changed so did Biden.

Trump changed a lot recent months than what he thought in 2019.
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....

“I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry,” he claimed before taking aim at the current president, Joe Biden, whom he is up against in the 2024 presidential race. The U.S. election day is scheduled for Nov. 5.

About Biden, we all knew that how he was forced to change because of recent support of Trump for Bitcoin and cryptocurrency market.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Darker45 on June 03, 2024, 02:50:36 AM
Not necessarily. Words are cheap, especially during election season. 

As far as the veto is concerned, I think any private institution that wants to custody Bitcoin should go through the eye of a needle for approval. Banks and other financial custodians have been amiss in their responsibilities. People should rather take effort to learn how to self-custody than let incompetent third-parties keep their money for them.

Anyway, as has been my observation, Trump commits before he thinks through it. He says one thing today, takes it back the following day. It's no biggie for him. In which case, his words don't mean much.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Don Pedro Dinero on June 03, 2024, 04:36:38 AM
They are politicians and can change their political approaches when they see a change will help them to gain benefit for their political career.

Trump and Biden are the same, their mindset on Bitcoin and cryptocurrency can change with time.

Trump changed so did Biden.

Trump changed a lot recent months than what he thought in 2019. <...>

You are right that we should not rely too much on these opinions, which are for political convenience and may change in the future if they believe that what suits them is something else. Anyway regarding bitcoin Trump would not be the first one who did not like bitcoin and happens to like it, plus I think he has seen a niche of votes from people concerned about privacy, which would be more generally Republican people, who do not trust so much the state and its CBDCs.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: wxa7115 on June 03, 2024, 05:41:25 AM
Well, it's given to Biden to be anti-crypto currency, but still, even though Trump is into crypto currency, it's hard not to be suspicious of Trump's intentions. Of course, it will be beneficial for us holders if he can make his promises, but what if it is just for the votes? Or just to make people know him and most likely vote for him? I mean, crypto currency has quite a population, and for sure, if Trump can get the trust of many crypto holders, then it will be a huge advantage to him in terms of votes. Anyway if trump can really make its promises about crypto currency then it would be beneficial to us, its a win win situation, we can make him win and at the same time we could have an assurance that we have a strong person or politician that could back us up and protect as crypto currency holders.
Is it really any doubt that anything that Trump is doing at the moment has the intention of gaining votes? Not saying that is wrong, since that is what any candidate has to do in order to gain the votes he needs, but we must take anything being said by Trump or Biden with a healthy dose of skepticism.

After all, the most recent polls still puts them at a very close position relative to each other, so any votes that may be won by either candidate, may be the difference between winning or losing the upcoming election.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Apocollapse on June 03, 2024, 06:32:50 AM
Although the politicians can change their words easily from time to time and Trump was previously against Bitcoin, but with many cases that happens during Biden's presidency, I think people will not choose Biden anymore. Human aren't perfect, so people will choose the least evil one instead the best.

People aren't happy to see Biden proposed to tax mining and tightening the regulations, not to mention about many war that still not end yet. Trump high likely will win, even he can't keep his words, at least people can learn to not vote him in the next election.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: yudi09 on June 03, 2024, 06:58:39 AM
-snip- Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
The two may not be different in terms of goals. They are politicians who want to get the most votes so they can become leaders in their country.
Trump here is trying to restore his trust in the public because previously when he was in office there might have been mistakes after mistakes that were considered failures.

For me both are the same. Don't want to judge them badly, but when it comes to Bitcoin I don't trust either of them. Actually, my thoughts are quite simple on this matter, namely that they are politicians who are trying to secure their business.
As long as the American people accept one of them then he is worthy.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Frankolala on June 03, 2024, 07:08:48 AM
Both of them are only after power and nothing else, they are using what they know that the citizens wants as a promise in order for them to win their votes. This is why we are seeing the sudden change in their speech towards bitcoin and cryptocurrency.

I believe that if any of them win the election, all what they said about crypto will be put aside and they might even go against cryptocurrency and come up with charges on cryptocurrency that will make US citizens see their actions as if they have the interest of the citizens in heart. Don't trust politicians with their empty promises.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: retreat on June 03, 2024, 07:29:12 AM
I don't think it's like Bitcoin vs Fiat, because they are both politicians, and their current promises are the result of what they see now and it could change whenever they want - depending on what their needs are. Both of them use Bitcoin and the crypto world for their campaign purposes. They only intend to gain sympathy from pro-crypto voters, and once their goal is achieved I doubt that they will stick to their promise to provide the best for the development of crypto in the US. Because whether Biden or Trump, when they are elected, they will continue to regulate Bitcoin and Altcoins, and perhaps more strictly. And I suspect that of their many promises to crypto, at most they will only realize 1-2 promises, and the rest they will just leave it at that.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: btc78 on June 03, 2024, 08:04:58 AM
Pardon me to say that Trump is sort of clamouring for cryptocurrency because he see that as a strong to gather support from all crypto enthusiasts in his ambition, am sure if he was to be in Biden's shoe he would have done same and Biden would have also done the reverse.
I agree and it doesn’t seem fair to compare it to fiat vs cryptocurrency either. I don’t like both parties and they do not effectively represent fiat or crypto. This topic has been talked about multiple times in the forum and we have multiple times also said that this whole thing is nothing but for election.

I wish crypto enthusiasts don’t hope too much on Trump after the election. Being a president encompasses a lot of things not only crypto so do also consider how he is as a president all things considered.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Marvell1 on June 03, 2024, 09:10:42 AM
I support Mr. Trump's election, but not because he spoke out in favor of bitcoin and cryptocurrency. Everything he says about crypto is more political than he actually cares about it. We all know politicians can do anything to achieve their goals, especially American politics is notoriously messy and there is no trick they don't dare to do.

I disagree when you call Trump is bitcoin and Biden is fiat, because whoever becomes president will represent and have the task of making the USD stronger. Therefore, Trump's support for bitcoin during his campaign does not mean he is representing bitcoin.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Jon_Hodl on June 03, 2024, 09:31:01 AM
As much I might like to believe what Trump says, he is just saying what people want to hear. Every word he uttered in his speech last week was him reading directly off of a teleprompter.

Bitcoin exists to make politicians obsolete but if Trump is serious, there's nothing bad that will come from bitcoin getting more exposure with GenX and boomers (Trump's largest demographic).

Only time will tell. 


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: peter0425 on June 03, 2024, 09:45:27 AM
Bitcoin exists to make politicians obsolete but if Trump is serious, there's nothing bad that will come from bitcoin getting more exposure with GenX and boomers (Trump's largest demographic).
It will be such a waste of vote if someone votes for Trump just because of his stance on crypto just for him to not actually do anything in support of crypto. But people have already grown a dislike to Biden for what he has implemented concerning cryptocurrencies. They might not trust him anymore no matter what he says now.

They have seen his performance as president so they’ll probably try for Trump who has not yet shown what he can and will do with cryptocurrencies if given the chance.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: MeGold666 on June 03, 2024, 10:30:02 AM
I've heard Trump said he will commute Ross Ulbricht in the first day of his presidency, if elected.

I am not from the USA and I'm not interested in politics even in my own country, it seems like a hostage situation but I think it's worth a try to get this poor man out of this hell hole by voting to the old fart instead of the other old fart.

Just saying - I have no political views.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: ultrloa on June 03, 2024, 10:41:22 AM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
Don't easily get fooled by a politician which is been skeptical on bitcoin before so don't expect a lot on Trump since we don't know if he's true to his words and will fully support Bitcoin. But if the case that They are facing each other with Biden which is totally an anti bitcoin then maybe its worth to try what Trump could do if he could able to fulfill his promises or this might be just another trap for people just to get a vote on upcoming election.

So hopefully we can see a open minded leader could take the seat which could able to support bitcoin and other thing that can benefit their people also can eliminate something that protect the institutions or oligarch interest. I know this is long battle for bitcoins acceptance or in US but lets hope that there's something good will happen in future.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: TravelMug on June 03, 2024, 11:23:30 AM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?

Nah, we really don't know if Trump is really crypto friend President as we have seen when he was in the office, we haven't heard anything from him or his administration although it was reported that he surrounded himself with pro-crypto individuals.

As for Biden, yeah, it seems that his whole administration and his political affiliations are against-crypto. Not sure where it steamed though, perhaps they consider Bitcoin or crypto as a threat to them or look at it as something like an enemy of the state.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: PrivacyG on June 03, 2024, 01:16:38 PM
I would not make it political.  We all know how things go every four years.  You vote for the lesser Evil, every body whines no matter who wins and then you wait four years again so 'things get better'.

Anyway.  I do not get this.  Even if Trump versus Biden was like Bitcoin versus Fiat, what does this help any of us with?


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Moreno233 on June 03, 2024, 01:35:07 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
They are politicians and can change their political approaches when they see a change will help them to gain benefit for their political career.

Trump and Biden are the same, their mindset on Bitcoin and cryptocurrency can change with time.

Trump changed so did Biden.

Trump changed a lot recent months than what he thought in 2019.
I am not an American neither do I support either of Biden or Trump but we have to rely on what we have seen them say and do and from what I have seen, Trump does what he says he will do. I remember when he said he will build a wall in the Mexican borders, then people thought it was a bad political statement but when he became president, he started it before Biden came and annul that project. Another case was to start the defunding of various international organizations, pulling out of Iran nuclear deal, pulling out from climate change and others. Indeed, some of the things he said he will do when elected as president made people to mock him yet he did them exactly as he said. Some might not be the best line of actions but as long as he said them during his campaigns, he did them. Going by this antecedents, if he say anything about cryptocurrency now, I believe he will do just that. So Trump will be better for Bitcoin than Biden.



Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Reatim on June 03, 2024, 01:52:50 PM
Going by this antecedents, if he say anything about cryptocurrency now, I believe he will do just that. So Trump will be better for Bitcoin than Biden.
We can’t deny the fact that most likely he is just saying it to gain voters. He knows that Biden pissed off a lot of crypto users so he is drilling more to it by promising good things about bitcoin. Well whether it’s all for politics or not, hopefully if ever he wins, Trump actually does the things he is promising about bitcoin.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: legendbtc on June 03, 2024, 01:53:09 PM
Until Mr. Trump actually becomes president and introduces fairer regulations for cryptocurrencies as well as eliminates bills that block cryptocurrencies, I will believe that Mr. Trump has truly changed his mind with crypto. Right now, it's still too early to believe what he says. But that's more to be expected than the Biden administration's treatment of cryptocurrency, and worse things will happen if Biden is re-elected president.
I am not from America and I have no right to decide who will be president. So in this case, I just hope that no matter who gets elected, as long as they bring more fairness and openness to the crypto industry then I support them.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Casdinyard on June 03, 2024, 02:36:28 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
One's senile, the other one's a felon, at this point I don't even know which one's a better pick, although the latter stretch of Sleepy Joe's term really ruined his image for me, and while I can't even vote for a US president given the fact that I don't even have a US citizenship, if I were to be given the chance I gotta side with the crypto apologist with this one. Joe's banking on the people who hate bitcoin and crypto, failing to realize that there are more people who are growing in knowledge and interest about cryptocurrency in general, while the amount of people who hate it decreases.

Although I couldn't see the parallel between Joe and Trump against bitcoin and fiat, cause if I'm not mistaken the polarity is with bitcoin and the banks, cause fiat as far as everything is concerned works fine and great with the current setting of bitcoin and cryptocurrencies in general.

In any case, I guess this just goes to show how fucked the elections are going to be for the average American, realizing that they had to choose between someone who brainfarts every 3 milliseconds and a convicted felon.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Lucius on June 03, 2024, 02:53:05 PM
~snip~
Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?


I don't think it's funny at all if we take into account that on one side we have a narcissistic bully, and on the other side a man with evident dementia who is lost in space and time. When such a person attacks someone who is unable to defend himself, then this is verbal violence resulting from the struggle for power and political position. If this were happening somewhere else in the world, various politicians and their servants from the US would probably be lecturing us every day - but apparently this kind of circus in their own backyard doesn't bother them in the least.

As far as cryptocurrencies are concerned, there is really no difference between the current president and the former - all those who think that Trump is crypto friendly have a very short-term memory of what Trump had planned when he was president.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: tread93 on June 03, 2024, 05:10:09 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
They are politicians and can change their political approaches when they see a change will help them to gain benefit for their political career.

Trump and Biden are the same, their mindset on Bitcoin and cryptocurrency can change with time.

Trump changed so did Biden.

Trump changed a lot recent months than what he thought in 2019.
I am not an American neither do I support either of Biden or Trump but we have to rely on what we have seen them say and do and from what I have seen, Trump does what he says he will do. I remember when he said he will build a wall in the Mexican borders, then people thought it was a bad political statement but when he became president, he started it before Biden came and annul that project. Another case was to start the defunding of various international organizations, pulling out of Iran nuclear deal, pulling out from climate change and others. Indeed, some of the things he said he will do when elected as president made people to mock him yet he did them exactly as he said. Some might not be the best line of actions but as long as he said them during his campaigns, he did them. Going by this antecedents, if he say anything about cryptocurrency now, I believe he will do just that. So Trump will be better for Bitcoin than Biden.



Great points, President Trump is indeed a man of his word and the only potential leader who seems to have the capability to bring actual positive change despite any negative sentiments that people get from their sheer hatred of the man alone. The aforementioned people are mostly completely delusional & are brainwashed if they still support Biden. It’s idiotic. Trump at least has a track record with Ethereum and NFT projects and I think that has opened up his eyes and ears towards crypto. He has seen over the past 4 years all of the adoption taking place. I for one hope that he succeeds and clinches the election which is honestly a sure thing in a fair fight.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: pooya87 on June 03, 2024, 05:14:28 PM
These two are only like dumb and dumber (https://www.imdb.com/title/tt0109686/) and Trump giving promises that makes some crypto guys happy is only proving those people have very short memory because they've forgotten he used to be the president 4 years ago and he did none of these things at the time and there is no reason to do any of them if he takes the office :D

Besides, certain things like US regime's attitude toward Bitcoin is not up to the president... ;)


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: bitbunnny on June 03, 2024, 05:31:38 PM
These two are only like dumb and dumber (https://www.imdb.com/title/tt0109686/) and Trump giving promises that makes some crypto guys happy is only proving those people have very short memory because they've forgotten he used to be the president 4 years ago and he did none of these things at the time and there is no reason to do any of them if he takes the office :D

Besides, certain things like US regime's attitude toward Bitcoin is not up to the president... ;)

So true. Politicians only say what people want to hear and after elections they do completely different things lead by their own interests.
And yes, people have very short memory and that is the same all over the world. Nothing ever changes and we don't learn a thing.
Nor Biden or Trump will do anything good for crypto community but to my opinion world will be slightly better place if Trump won't win elections.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: PrivacyG on June 03, 2024, 06:50:00 PM
Besides, certain things like US regime's attitude toward Bitcoin is not up to the president... ;)
But in order to see and realize this, you need to have particularly wide open eyes first.  Which many people still lack of.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: darewaller on June 03, 2024, 07:45:23 PM
Biden was the one that ETF passed when he was president? How come we do not see that as something good, plus we are talking about regulations here, and saying Biden doesn't let companies be their own custodians is a security and safety regulations. Plus thinking that Biden personally seeks over this issue is naive, there are other politicians that takes care of these things.

Next thing you know, when SEC jails a person for crypto fraud, you are going to blame Biden for doing something like that. Hell, Trump is just promoting lawlessness, and while you may want that for your crypto venture, you may dislike it when someone steals your money and judge just lets him off. That's what Trump promises, whoever scams you ,will go free, and Biden says no he won't. I am not American so I won't vote, but if I did, Biden would have gotten my vote.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: uneng on June 03, 2024, 08:04:33 PM
Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
That is what the political propaganda wants you to believe. In fact, reality is different than that. There aren't good politicians supporting Bitcoin and going against the evil fiat system. They are all part of the system and will act against independent, autonomous and free individuals as soon as they reach power positions. So, why to waste time supporting one politician or another? It's precious time you have to develop yourself in your personal private life, so use this time at your favour, instead of building stairs for politicians to climb up over you after all.

The truth is that it's Trump and Biden vs. Bitcoin. Trump and Biden want to use you at their favour, while you can choose being used by them or to use Bitcoin in your own favour. What do you prefer?


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: GbitG on June 03, 2024, 09:37:57 PM
These politicians are just like chameleons. Where these people see benefits for themselves, they become chameleons, that is, ready to adopt any color to get prey. We saw D.Trup's previous statement that he used to look down on Bitcoin and call it an undesirable thing, but now he sees that 60℅ people in America have adopted Bitcoin, so now he knows it as an opportunity to adopt the color of Bitcoin. it's mean started talking in favor of Bitcoin to become prominent in the eyes of people and they will make me president by voting for me.
 
So I claim that these people are like chameleons, they change color quickly. If D. Trump becomes president, there is no guarantee that he will fulfill his promise because now his only intention is to become president and not a fan of Bitcoin. So I think he may change his mind tomorrow.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Hamza2424 on June 03, 2024, 09:59:27 PM
Hmm, First of all, this is just my post to make a joyful/enjoyable moment for everyone as we are tired of reading stuff that needs some spice as well.

Trump: hey Biden stay out of it, the crypto industry is mine (Bitcoin especially).
Baiedn: Stop this nonsense, then how I'm gonna get sympathy votes?
Stoshi (Wild card entry  8)): Shut your ass kids, it's mine.

Ahhhh cant put flavor on it, need some time to prepare a good funny debate anyway I can add something from Ai let's see what Ai thinks on this topic maybe it can be funny its much lighter compared to mine. AI the sigma troller haha...

Quote
Trump: "Joe, you're flip-flopping on Bitcoin again? I've been backing Bitcoin for years. It's the future, like my presidency was supposed to be!"

Biden: "Oh, come on, Don. Bitcoin might be solid, but I’m not sure if it's ready for prime time. Besides, it’s not like you need more volatile assets. Your hair’s already unpredictable enough!"
Trump: "Bitcoin is strong, Joe, just like my supporters. Unlike your policies, it’s not going to fall apart in a year. I’m telling you, we should have a Bitcoin campaign fund!"
Biden: "Bitcoin campaign fund? Let’s be real, Don. You just want to dodge campaign finance rules. Plus, I’d rather my donors not have to decipher crypto wallets – some still write checks!"
Trump: "Typical, Joe. Stuck in the past. Bitcoin is the way forward. It’s decentralized, just like how I prefer my government!"
Biden: "Decentralized? Sounds like your administration. No structure, just chaos. I prefer stability. Besides, Bitcoin's energy consumption is through the roof. Are you planning to power it with your hot air?"
Trump: "Energy consumption? Fake news! It’s called innovation. And unlike your policies, Bitcoin's growth isn’t going to slow down. Join the revolution, Joe, before it’s too late!"
Biden: "Alright, alright, Don. Maybe I’ll consider it. But only if we can use it to build back better. And promise me no Trump NFTs, okay?"
Trump: "No promises, Joe. But trust me, Bitcoin will make our campaigns great again. Just like I did with the economy!"
source=(AI genrated)

https://talkimg.com/images/2024/06/03/cdk3j.jpeg (https://images.app.goo.gl/CJ8bkUW71UmmkzNY6)

Edit: I'm not sure if this kind of post is allowed or not but I've mentioned the references and Source, so I think there won't be any issue let's wait, for the moderator's action.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: electronicash on June 03, 2024, 10:02:42 PM
These politicians are just like chameleons. Where these people see benefits for themselves, they become chameleons, that is, ready to adopt any color to get prey. We saw D.Trup's previous statement that he used to look down on Bitcoin and call it an undesirable thing, but now he sees that 60℅ people in America have adopted Bitcoin, so now he knows it as an opportunity to adopt the color of Bitcoin. it's mean started talking in favor of Bitcoin to become prominent in the eyes of people and they will make me president by voting for me.
 
So I claim that these people are like chameleons, they change color quickly. If D. Trump becomes president, there is no guarantee that he will fulfill his promise because now his only intention is to become president and not a fan of Bitcoin. So I think he may change his mind tomorrow.

people believe it after all noting will happen if they don't believe his promises and he is making the shit show funnier. i still hope to see a debate while he is in jail.

Trump can gather a lot of people every time in his rally campaign though so the support for him is huge but i doubt the admin will really allow him to win. Biden is doing everything to crush Trump even on Twitter they are all up for Trump because of him being crypto president.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: d5000 on June 03, 2024, 10:52:05 PM
In general I applaud that at least both candidates at least are now taking into account Bitcoin users and trying to get advantage of them. As already 5-10% of the population, not only in the US but in many other countries too, are crypto users, I believe this demographic could be decisive in elections in the next years (see also this thread (https://bitcointalk.org/index.php?topic=5497872.0)).

I however don't believe that neither Trump (due to his campaign speeches) nor Biden (due to the ETF approvals) are really pro-crypto. So no, I don't agree that much with this thread OP.

Biden was the one that ETF passed when he was president? How come we do not see that as something good, [...]
I think Biden is closer to the TradFi space, and TradFi is the main entity benefitting from the ETFs, not so much Bitcoin itself. Bitcoin hodlers may have got a phenomenal bull market, but IMO bull market would have come anyway, just a little bit slower.

The big problem with the Biden administration is however their (assumed due to several high profile cases against mixers, from Blender/Sinbad to Tornado Cash) very restrictive stance about privacy in crypto, undermining censorship resistance and fungibility, and parts of the Democrats are even worse (Warren). Trump on the other hand is more authoritarian when it comes to accepting the division of powers, and thus, if Trump eventually became anti-crypto or anti-privacy, many things could become worse also in the crypto space. I think thus, Americans have to elect between a rock and a hard place.

By the way, from those saying only Biden is senile: from what I've read Trump is at least similar or even worse in this regard, confusing even US presidents ("Ah, Obama isn't (https://www.theguardian.com/us-news/2024/mar/03/trump-confuses-obama-biden-virginia-rally) in charge anymore (https://youtu.be/-eWGh8RfuTs?t=37)?" ;) ).


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: philipma1957 on June 03, 2024, 10:59:18 PM
Here is BTC scoreboard.

Ath April 2021 Biden
Ath Nov 2021 Biden
Ath Mar 2024 Biden
EFT for BTC   Biden



Trump passed the bill that banned all like kind crypto trades from tax reporting.


Op should lock thread as Biden is fine for crypto Trump is not.

BTW my position is they are both older than my age of 67 which is too old to be president.

Every nite before I sleep. I ask for a dailydouble of death.

Biden + Trump should die tonight in their sleep of natural nonviolent causes.



pretty sure asking for this is legal in the USA and on this website.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: bettercrypto on June 03, 2024, 11:09:58 PM
That's not really surprising anymore; we know that when there is an election, they always say the words that will attract the voters so that the communities think that they really support what they know the voters benefit from.

And most of the sweet words that are thrown when they win do not happen or come true when they are sitting in the position they are running. We also know who really has an interest in Bitcoin or cryptocurrency. We are living between two competitors; surely only one of them is pretending to support Bitcoin over fiat.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: pinggoki on June 04, 2024, 12:40:55 AM
Bitcoin doesn't go back on its words though, maybe all of this "support" that Trump has for bitcoin is just a matter of making sure that he's got the vote of the bitcoin investors in the upcoming election and then when he's in position, he'll never care about us again, pretty sure that it's going to happen. I don't really believe in any politicians promising anything, I've been here in this world for a really long time, I haven't seen yet any politicians doing what they've promised to do after they're seated in a position of power.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: BlackBoss_ on June 04, 2024, 12:59:45 AM
You are right that we should not rely too much on these opinions, which are for political convenience and may change in the future if they believe that what suits them is something else.
Believing in politicians is one of most dumbest things to do because they are liars, more or less only.

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Anyway regarding bitcoin Trump would not be the first one who did not like bitcoin and happens to like it, plus I think he has seen a niche of votes from people concerned about privacy, which would be more generally Republican people, who do not trust so much the state and its CBDCs.
Politicians can change their mindset and strategy if they need to change it to benefit their political career. Entrepreneurs or businessmen can change theirs too but if their benefit is bonded with one thing like Peter Schiff with gold, he has been against Bitcoin for many years even he knew about it too early.

Like politicians, I can not trust Peter Schiff and his words and I have conspiracy theory that he can accumulate bitcoin silently.

These two are only like dumb and dumber (https://www.imdb.com/title/tt0109686/)
I agree and I am very surprised that in the big country with many talented people, how did they let two very old men to represent two biggest parties again in the coming President Election. Nobody can replace Trump and Biden for their parties in the Election, that's strange.

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Besides, certain things like US regime's attitude toward Bitcoin is not up to the president... ;)
President is a job that is usually expired after 4 years or can be expanded 4 more years and a President can have that job up to 8 years maximum. After 4 or 8 years, they done their jobs and can think of other things.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: legiteum on June 04, 2024, 01:49:07 AM
Bitcoin went up 500% under President Biden.

Trump vs. Biden is like a roulette wheel versus a sure thing. The safe bet for the next presidency is to stick with the winner, which is Biden.

Trump is promising massive change. He says he will immediately deport 5% of the American workforce, which, besides the lost productivity, will cost our country hundreds of billions just for the police force to do it.

Trump is promising to make abortion illegal in all 50 US states, which will require a massive new police state like we've never seen before, and police states tend to crack down on things like digital currency since you could use it to pay for those illegal abortions, or pay for transporting somebody out of the country in order to have one without the police finding out.

Trump is a convicted criminal who has shown that he is loyal only to himself. If, god forbid, he or his family figure out that money can be made with cryptocurrency speculation, Trump will promptly make Bitcoin illegal so he can instead promote his own private currency. Remember that Trump pardoned criminals who ripped off his own supporters in a phony "build the wall" scam. Trump doesn't care about you, about me, or even his own supporters. He's running to stay out of prison and to rip off as much money as he possibly can.

The safe bet is sticking with the president under which Bitcoin went up 500%.







Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Altryist on June 04, 2024, 02:26:56 PM
Hmm, First of all, this is just my post to make a joyful/enjoyable moment for everyone as we are tired of reading stuff that needs some spice as well.

Trump: hey Biden stay out of it, the crypto industry is mine (Bitcoin especially).
Baiedn: Stop this nonsense, then how I'm gonna get sympathy votes?
Stoshi (Wild card entry  8)): Shut your ass kids, it's mine.

Ahhhh cant put flavor on it, need some time to prepare a good funny debate anyway I can add something from Ai let's see what Ai thinks on this topic maybe it can be funny its much lighter compared to mine. AI the sigma troller haha...
This is just a pre-election bustle, everyone is trying to show how loyal they are to Bitcoin, but how much will everything change after the election, will Trump be just as loyal, or will he have a lot of other things to do, after? It seems to me that everything happens the same way every time, all they need is just votes, they are ready to say anything to make you believe that one of them is better than the other. But despite this, Bitcoin survived all times and continued to grow, so Bitcoin is not interested in politics.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: naira on June 04, 2024, 02:40:05 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
I'm not someone who lives in the US, so I prefer to watch it from a distance. Political battles can always steal attention when they are able to use arguments to support one community. Bitcoin and crypto in the US will be determined by these two man. But haven't we gone through various leadership elections with promises of this and that, but in reality there is no evidence that the program is successful. Every public is used to getting lots of tempting offers with each candidate's program. The public has begun to be critical and can no longer be toyed with regarding policies. Trump has recently become increasingly pro towards Bitcoin, he even promised to release the hero of the Bitcoin world, namely Ross Ulbricht. Currently, Trump's credibility is quite high compared to Biden, who is actually more opposed to crypto.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: God bless u on June 04, 2024, 02:43:20 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
Hahah  nice way to explain the concept but that's not true because Biden is almost out of the game now because of the political pressures he is gaining from all over the world and especially Europe over the Palestine issue.

Both Biden and Neytanyahu are in deep trouble and if we compare Bitcoins and fiat with them then it'll be really bad for the images of these both entities.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Odohu on June 04, 2024, 04:27:40 PM
Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
That is what the political propaganda wants you to believe. In fact, reality is different than that. There aren't good politicians supporting Bitcoin and going against the evil fiat system. They are all part of the system and will act against independent, autonomous and free individuals as soon as they reach power positions. So, why to waste time supporting one politician or another? It's precious time you have to develop yourself in your personal private life, so use this time at your favour, instead of building stairs for politicians to climb up over you after all.

The truth is that it's Trump and Biden vs. Bitcoin. Trump and Biden want to use you at their favour, while you can choose being used by them or to use Bitcoin in your own favour. What do you prefer?
I completely agree with you that no politician will be willing to give up on the power they wade through the fiat system, not Biden, not Trump... maybe they just want to appeal to the fantasy of the younger generation who constitute a sizeable percentage of the voting block.

We we had a change of government last year, the new president came and lifted all the ban on cryptocurrency by his predecessor and we cheered him to high heavens. Little did we know that it was all a charade as he used that to buy the minds of the youth, most of whom survives through cryptocurrency.  As of today, the same government has banned all cryptocurrency exchanges and any individual caught dealing in cryptocurrency will have his account frozen.  This was the worst crackdown on cryptocurrency ever witnessed in my country.

Seems like when politicians realises the freedom cryptocurrency offers, they have no option than to turn against it so I don't see any difference in what to expect from Biden and Trump.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: PrivacyG on June 04, 2024, 05:45:26 PM
Bitcoin went up 500% under President Biden.
The safe bet is sticking with the president under which Bitcoin went up 500%.
This is very misleading.  Bitcoin went up by 500 percent under the Presidency of Biden not because of Biden but because this is how Bitcoin simply goes.  You are saying it as if the 500 percent is the work of Biden.  Before him, the previous All Time High was during the Presidency of Trump.  I think the All Time High during the Presidency of Trump was an even larger percentage than 500.  Before Trump, during other Presidencies Bitcoin had even higher percentage rides. It does not mean Trump, Biden or the other Presidents made Bitcoin explode.  It had its ups and downs during particular more or less fortunate events and other than that, it just followed the classic way of Bitcoin roller coaster rides.

In fact.  Choosing a President based strictly on who is supporting Bitcoin as a facade is extremely stupid in my opinion.  You should take into account MUCH more important things than the support for or against Bitcoin.  Your entire life can change within the Term of a President.  Not just the value of your Bitcoin Wallet.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: avikz on June 04, 2024, 06:34:53 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?

Biden is an orthodox person. Considering his age he probably is unable to understand how cryptocurrency works! I mean it's a similar problem we have seen in Warren Buffet. Old people who are not technically strong, will always keep their distance from cryptocurrency. That's exactly why Biden is not a supporter of cryptocurrency in general.

On the other hand, Trump is a businessman. So he can understand the potential of cryptocurrency. That's why he is talking to the enterprises and company leaders to understand the impact of cryptocurrency from the business perspective.

Hopefully we will see a favourable crypto policy in America if Trump wins the presidential election.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: m2017 on June 04, 2024, 06:35:17 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
Trump only skillfully manipulates the crypto community trying to win them over to his side in the election race. Trump gives his voters what they want to hear and receive. One should not think that heads of government will actually be loyal to cryptocurrencies, which, in essence, allow NOT to play by the rules of governments.

Initially, grandpa Biden’s administration turned out to be a little less savvy in terms of using cryptocurrencies and bitcoiners in its election campaign, but in order not to be outdone, Biden joins the race for the votes of bitcoiners. This confirms the adoption of bill FIT21 (https://cointelegraph.com/news/fit21-bill-crypto-congress-cftc-sec-us) in the US Congress.

I am sure that we will still hear from Biden signs of his “loyalty” to cryptocurrencies. So, there is no struggle between bitcoin and fiat, but only purely political gestures.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: legiteum on June 04, 2024, 06:42:11 PM
Bitcoin went up 500% under President Biden.
The safe bet is sticking with the president under which Bitcoin went up 500%.
This is very misleading.  Bitcoin went up by 500 percent under the Presidency of Biden not because of Biden but because this is how Bitcoin simply goes.  You are saying it as if the 500 percent is the work of Biden.


I don't mean to imply that Biden was solely or even partially responsible for making Bitcoin go up in price, but he gets credit for not screwing it up e.g. making massive changes to our society like the ones Trump is promising that will drastically change the market.

On the whole, Biden has left Bitcoin alone, and the few regulations that have been added were designed to prevent more disasters like FTX, which, recall, destroyed the price of Bitcoin.

If you want one new FTX scandal a month, then vote for Trump :).

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In fact.  Choosing a President based strictly on who is supporting Bitcoin as a facade is extremely stupid in my opinion.  You should take into account MUCH more important things than the support for or against Bitcoin.  Your entire life can change within the Term of a President.  Not just the value of your Bitcoin Wallet.

Absolutely agree. But sadly many people vote nothing but their (perception of) their immediate wallet. But in this case, Biden wins that as well.



Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: BlackHatCoiner on June 04, 2024, 06:56:30 PM
I don't mean to imply that Biden was solely or even partially responsible for making Bitcoin go up in price, but he gets credit for not screwing it up
Why isn't Trump getting the credit for "not screwing it up" during his previous presidency?

e.g. making massive changes to our society like the ones Trump is promising that will drastically change the market.
What massively different will it be comparably to his previous presidency? You're giving me the impression that he'll now turn 180º and start attacking the market. What's the argument that supports this claim?

If you want one new FTX scandal a month, then vote for Trump :).
FTX was literally a money laundering business for Biden and a contributor to the Ukrainian war.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: snerd on June 04, 2024, 07:01:16 PM
I don't mean to imply that Biden was solely or even partially responsible for making Bitcoin go up in price, but he gets credit for not screwing it up
Why isn't Trump getting the credit for "not screwing it up" during his previous presidency?

e.g. making massive changes to our society like the ones Trump is promising that will drastically change the market.
What massively different will it be comparably to his previous presidency? You're giving me the impression that he'll now turn 180º and start attacking the market. What's the argument that supports this claim?

If you want one new FTX scandal a month, then vote for Trump :).
FTX was literally a money laundering business for Biden and a contributor to the Ukrainian war.

His TDS runs very deep. It calls for pity, not concern lol



Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: legiteum on June 04, 2024, 07:23:18 PM
I don't mean to imply that Biden was solely or even partially responsible for making Bitcoin go up in price, but he gets credit for not screwing it up
Why isn't Trump getting the credit for "not screwing it up" during his previous presidency?


Because Bitcoin went up 500% under president Biden.

Hence it was 500% less when Trump left office.

And of course all of this was before Trump learned he could break the law and his voters wouldn't care...

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Quote from: legiteum link=topic=5498656.msg64170533#msg64170533 date=1717526531
e.g. making massive changes to our society like the ones Trump is promising that will drastically change the market.
What massively different will it be comparably to his previous presidency? You're giving me the impression that he'll now turn 180º and start attacking the market. What's the argument that supports this claim?


I wrote the items above, but what the heck, I'll just write them again:

1. Trump plans to deport about %5 of America's workforce, which will massively disrupt the US economy.

2. Trump's written platform makes it clear his administration will consider abortion to be "murder", and they outline a massive new police force that will be necessary to eliminate abortions in the USA. Based on the numbers involved, this will be an effort much larger in scale than say the Prohibition police forces that where generated, for instance. Police forces like this very pointedly come after anything that can be used to evade the police.

3. Trump is overtly criminal (and now convicted), and its clear that his voters simply don't care. He'd have to be an utter idiot (and the people around him would) to not take advantage of this incredible power. If he ever turned to cryptocurrency, the most logical thing for him to do would be to make Bitcoin illegal and offer the currency he wholly owns in its place (and maybe he'll call his currency "abortion proof" or something just for fun).

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If you want one new FTX scandal a month, then vote for Trump :).
FTX was literally a money laundering business for Biden and a contributor to the Ukrainian war.

Uh.... sure. I guess if you get your news from the Kremlin, that's what you'd think, right? :)




Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: kentrolla on June 04, 2024, 07:24:12 PM
Man there is nothing like Bitcoin vs Fiat as both of them as against Bitcoin and we have seen how Trump was against Bitcoin initially and when he realised he will get some support in the upcoming election by portraying himself as pro Bitcoin he has turned towards Bitcoin. Both are greedy old men who can do anything for power hence let's not get fooled easily.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: BlackHatCoiner on June 04, 2024, 07:33:56 PM
Because Bitcoin went up 500% under president Biden.

Hence it was 500% less when Trump left office.
Um, let me remind you: Bitcoin went from $1000 to $36,000 during Trump's presidency. That's 3500% up. If you want to resort to this soundbite, at least make sure it doesn't work in the other way around.

Trump's written platform makes it clear his administration will consider abortion to be "murder", and they outline a massive new police force that will be necessary to eliminate abortions in the USA.
I'm trying to see the connection with Bitcoin here.

Uh.... sure. I guess if you get your news from the Kremlin, that's what you'd think, right?
Alright, then, what's the source of the truth, according to the Democrats you?  ::)

That's the article I remember reading: https://www.reuters.com/legal/bankman-fried-used-customer-funds-100-mln-us-political-donations-prosecutors-say-2023-08-14/. I agree that it might be fake news, but where can I verify it?


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Z-tight on June 04, 2024, 07:47:34 PM
Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
They are both trying to score cheap points for the forthcoming election, do not take what they say seriously and don't sound like BTC's survival depends on any of them; if you want to trust politicians, you do that at the risk of being disappointed. I would like us to take BTC as far away from politics and politicians as possible, it is decentralized, censorship resistance and free from control from any central authority.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: coolcoinz on June 04, 2024, 07:49:11 PM
I don't mean to imply that Biden was solely or even partially responsible for making Bitcoin go up in price, but he gets credit for not screwing it up

Like most other politicians all around the world? Are we going to thank Angela Merkel for not screwing it up in Germany since 2009?

If Biden wasn't, in your own words, even partially responsible, why are we even using this argument in the discussion?

The way I see it, both Biden and Trump are bad people and would make bad presidents. People like Kennedy Jr would be much better, but that's my personal opinion. If I had to choose between these two I'd pick Trump because at least he's not in bed with that witch Elizabeth Warren and won't fall asleep during meetings.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: legiteum on June 04, 2024, 08:55:33 PM
Because Bitcoin went up 500% under president Biden.

Hence it was 500% less when Trump left office.
Um, let me remind you: Bitcoin went from $1000 to $36,000 during Trump's presidency. That's 3500% up. If you want to resort to this soundbite, at least make sure it doesn't work in the other way around.

Trump's written platform makes it clear his administration will consider abortion to be "murder", and they outline a massive new police force that will be necessary to eliminate abortions in the USA.
I'm trying to see the connection with Bitcoin here.


There are millions of abortions that occur in the USA every year by millions of women. To stop all of these people from doing what they want, Trump's administration will have to create a massive new police presence. They are already creating this in various states, some of which are actually starting to control their own borders in order to keep women from leaving to have an abortion.

The point is, the US tried something like this before 100 years ago in the Prohibition. That invented a gigantic new police presence, and lead to hundreds of new laws cracking down on people's privacy. Trump's party is going to need to build something even bigger in order to stop all of those people from, well, having sex :).

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Uh.... sure. I guess if you get your news from the  Kremlin, that's what you'd think, right?


Alright, then, what's the source of the truth, according to the Democrats you?  ::)


I'm no Democrat, I just like to vote for the party that will be the best for my investments and business.

But regardless, I sure do not get my news from... the Kremlin. :)

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That's the article I remember reading: https://www.reuters.com/legal/bankman-fried-used-customer-funds-100-mln-us-political-donations-prosecutors-say-2023-08-14/. I agree that it might be fake news, but where can I verify it?



That article says that SBF donated to the Democrats, which he did. It does not say that he laundered money for Biden and/or that said laundering contributed to Putin's decision to invade Ukraine (which is bizarre).

SBF has been put in prison under Biden's presidency.

And we all know that Trump would have pardoned him had the situation been reversed (which would have absolutely buried the price of Bitcoin forever since nobody could trust any broker if its effectively legal to rip off Bitcoin investors, which is what Trump would have done).




I don't mean to imply that Biden was solely or even partially responsible for making Bitcoin go up in price, but he gets credit for not screwing it up

Like most other politicians all around the world? Are we going to thank Angela Merkel for not screwing it up in Germany since 2009?

If Biden wasn't, in your own words, even partially responsible, why are we even using this argument in the discussion?


Well, I guess... indirectly responsible?

Put it this way, if there is an overall business context that has done really well for you, and somebody comes along and promises to drastically change that context, the smart move is to resist the change.


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The way I see it, both Biden and Trump are bad people and would make bad presidents. People like Kennedy Jr would be much better, but that's my personal opinion. If I had to choose between these two I'd pick Trump because at least he's not in bed with that witch Elizabeth Warren and won't fall asleep during meetings.

Trump is the one who fell asleep during his trial a few week ago. Biden has never done anything of the kind. You are getting your US news mixed up :).

And regulations like the ones Elizabeth Warren advocates, to protect average consumers, helps increase the price of Bitcoin.

Just take a look at what the FTX scandal did to the price of Bitcoin. Now imagine what would happen if, instead of being thrown in prison for that, SBF was given the presidential medal of honor because he made a massive contribution to Trump. Every average consumer would know they could be ripped off if they invested in Bitcoin and would bail out. More often than not, regulations help the market, not hurt it.





Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: temple on June 04, 2024, 10:37:15 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?

I don't know, I think the issue remains that there is a difference between talk and action. Of course Trump is now trying to mobilize all sorts of minority groups to make sure he won't lose the election with a few thousand votes or so, but whether or not he sticks to his word and will become the crypto guy he proclaims now? That's a difficult question as he is quite erratic, too. Once he might get elected as president, nothing will be set in stone by then. I guess he would still be more pro crypto than Biden, but whether he will become as pro crypto as he says remains to be seen then.

The issue is that it is not Biden alone who has an anti-stance and who is talking crap about some of the technological aspects, if he ever gets to it. The SEC is also talking bullshit and has some very strange opinions. I have no idea whether Trump becoming president would also mean that he can immediately replace relevant people at the SEC. I don't know how exactly the election of SEC people works and whether he can revoke decisions from the predecessor administration. But to really give BTC a boost it would need some significant changes at the SEC, too.

But overall I think the last word hasn't been spoken yet. However, Biden is such an old guy that I doubt he would ever fundamentally change his mind about cryptocurrencies. It would rather come down to his advisors.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: cryptosize on June 04, 2024, 11:30:07 PM
The FTX fiasco was unfortunate for many people who lost their money, but I don't believe state (over)regulation is going to save retail investors.

The crypto community invented a new protocol called Proof of Reserves to verify if a CEX holds 1:1 reserves and thus prevent any future Ponzi attempts.

The FTX fiasco also gave the opportunity to smart people to go all-in at 15k USD. Maybe the last opportunity to become a wholecoiner for the middle class.

Too bad we'll never see 15k ever again...

Regarding presidents, many Bitcoiners (let alone no-coiners) aren't savvy enough to understand that presidents are Deep State puppets (https://i0.kym-cdn.com/photos/images/newsfeed/000/956/597/f57.jpg).

Neither Trump, nor Biden is going stop stuff like CBDC (FedNow) and Real ID:

https://x.com/RealPatrickWebb/status/1797404225703477542

If you really think Powell is the true boss of the FED (we can all agree that the US president cannot influence/control FED), then that's not much different compared to believing in Santa Claus! :D


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: legiteum on June 05, 2024, 12:38:59 AM
The FTX fiasco was unfortunate for many people who lost their money, but I don't believe state (over)regulation is going to save retail investors.


If they didn't put SBF in prison, then Bitcoin would still be in the toilet that it was in before they cleaned that up.

Surely overregulation can be destructive, but obviously we need some regulation.

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The crypto community invented a new protocol called Proof of Reserves to verify if a CEX holds 1:1 reserves and thus prevent any future Ponzi attempts.


Um, does the "crypto community" have subpoena power? Can they bring charges and convict felons? I don't think so. Criminals like SBF surely wouldn't have been slowed down by any sort of "community". You need real laws to actually change behavior and protect consumers.




Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: pooya87 on June 05, 2024, 04:35:59 AM
On the other hand, Trump is a businessman. So he can understand the potential of cryptocurrency. That's why he is talking to the enterprises and company leaders to understand the impact of cryptocurrency from the business perspective.
He is not exactly a businessman, he is more of a showman with a good advertising team who know what the hot topics are and can create good speeches for him to attract the public (or better said the sheeple). The same people who have forgotten that in the final months of his term, Trump was pulling off a Reichstag Moment and it would have succeeded if it weren't for his own Chairman of the Joint Chief of Staff (the highest-ranking and most senior military officer in the United States Armed Forces, general Mark A. Milley).

So does his fake promises regarding crypto really matter when his own cabinet described his actions as the same actions by Hitler and the Nazi regime before solidifying their power?


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: temple on June 05, 2024, 08:55:05 AM
On the other hand, Trump is a businessman. So he can understand the potential of cryptocurrency. That's why he is talking to the enterprises and company leaders to understand the impact of cryptocurrency from the business perspective.
He is not exactly a businessman, he is more of a showman with a good advertising team who know what the hot topics are and can create good speeches for him to attract the public (or better said the sheeple). The same people who have forgotten that in the final months of his term, Trump was pulling off a Reichstag Moment and it would have succeeded if it weren't for his own Chairman of the Joint Chief of Staff (the highest-ranking and most senior military officer in the United States Armed Forces, general Mark A. Milley).

So does his fake promises regarding crypto really matter when his own cabinet described his actions as the same actions by Hitler and the Nazi regime before solidifying their power?

The Reichstag Moment was insane and guess what he is doing now that he has been found guilty on 34 charges. In one of his most recent interviews he said this (https://thehill.com/regulation/court-battles/4699868-trump-warns-public-breaking-point-if-jailed/):

Quote
“I don’t know that the public would stand it, you know? I don’t — I’m not sure the public would stand for it,” Trump said in an interview on Fox News’s “Fox & Friends Weekend,” when asked about the possibility of house arrest or jail time.

“I think it’d be tough for the public to take. You know, at a certain point, there’s a breaking point,” Trump added.

In other words, he has once again been intentionally playing rhetorically with the possibility for another riot should he get sent to jail. The way he does it knowing what happened back then shows how reckless he can be when it comes to civil peace.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: marlo1001 on June 05, 2024, 09:06:31 AM
I think that every pro crypto person should vote for Trump, he at least trying to be a crypto guy


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: pooya87 on June 05, 2024, 12:57:38 PM
The Reichstag Moment was insane and guess what he is doing now that he has been found guilty on 34 charges.
The US constitution is in serious need of some addendums.
A convicted felon is not allowed to vote in USA but at the same time convicted felons (even from behind bars) can run for presidency and even become president!

In other words, he has once again been intentionally playing rhetorically with the possibility for another riot should he get sent to jail. The way he does it knowing what happened back then shows how reckless he can be when it comes to civil peace.
Well, when they didn't put it behind bars for crimes including incitement of insurrection, of course he is going to do it again.

You know what's the most absurd part of it is? Some of his crimes are categorized as Federal Crimes (like the 32 felony counts in violation of the Espionage Act) and if he manages to win the election he could pardon himself on day one... 🤦‍♂️


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: coolcoinz on June 06, 2024, 06:58:47 PM
Put it this way, if there is an overall business context that has done really well for you, and somebody comes along and promises to drastically change that context, the smart move is to resist the change.

1. Biden was doing a lot of things to slow down the growth of Bitcoin. We don't know how it would do if Trump won that last election. Maybe it would do better?

2. Under trump bitcoin was growing too. May I remind you that trump was nominated in January 2017, so during his presidency there was one of the biggest bull markets in history, taking bitcoin to 20x of its last ATH. Have you seen such price appreciation during Biden's presidency? All I've seen was a mere 3.5x in 2021 and 3 years later we're still at that level.


Quote
Trump is the one who fell asleep during his trial a few week ago.
Biden has never done anything of the kind. You are getting your US news mixed up :).

That trial was so boring that you'd fall asleep too and Trump said he just closed his eyes a few times and was never asleep. I wouldn't be surprised if the media wanted to make a bigger thing out of this than it really was.

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And regulations like the ones Elizabeth Warren advocates, to protect average consumers, helps increase the price of Bitcoin.

That's complete and utter lie. Do you feel protected by Elizabeth Warren? How is she protecting anything by screaming that bitcoin is bad for the environment, or trying to tax bitcoin miners to force them out of the country? I feel like you're trolling here, trying to get emotional response out of us.

Quote
Just take a look at what the FTX scandal did to the price of Bitcoin.

That happened under the nose of the SEC. Gensler was meeting with SBF in person. This shows they don't care about any consumer porotection, but money. They cared that SBF donated money to their campaigns and paid a shitload in taxes.

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Now imagine what would happen if, instead of being thrown in prison for that, SBF was given the presidential medal of honor because he made a massive contribution to Trump.

Didn't he donate more to the Democrats? If anybody should give him the medal it's Biden.
SBF was caught because he was too greedy and went bankrupt, not because of Biden, Warren or Gensler.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: legiteum on June 06, 2024, 07:21:09 PM

That trial was so boring that you'd fall asleep too and Trump said he just closed his eyes a few times and was never asleep. I wouldn't be surprised if the media wanted to make a bigger thing out of this than it really was.


So:

1. There's no evidence that Biden has ever fallen asleep in any sort of meeting, but you are going to believe that anyhow.

2. There's evidence on video of Trump falling asleep in his criminal trial, but you choose not to believe that.

You aren't following the evidence, buddy :). You are following your heart. You can love Trump all you want, but you don't get to choose your own facts :).


Quote
That's complete and utter lie. Do you feel protected by Elizabeth Warren? How is she protecting anything by screaming that bitcoin is bad for the environment, or trying to tax bitcoin miners to force them out of the country? I feel like you're trolling here, trying to get emotional response out of us.


Not everybody here is a hard-core Republican who watches Fox News all day. There exists other viewpoints in the world, believe it or not :).

When I get my wireless bill and it no longer has hidden BS fees, I "feel protected by Elizabeth Warren" because she helped create the laws in Congress that took those things out of there.

And Bitcoin went up 500% in the last three years so there's simply no evidence that all of this evil you allege Warren or whatever Democrats is having any negative effect on Bitcoin. It's clearly thriving, so my guess is that you are simply in favor of Trump and the Republicans winning for reasons not related to Bitcoin--which is totally fine.

Quote
Quote
Just take a look at what the FTX scandal did to the price of Bitcoin.

That happened under the nose of the SEC. Gensler was meeting with SBF in person. This shows they don't care about any consumer porotection, but money. They cared that SBF donated money to their campaigns and paid a shitload in taxes.


The authorities in the Biden administration put SBF in prison and rescued the Bitcoin market from almost certain ruin. Again, if you are interested in Bitcoin, and the price of Bitcoin staying stable or going up, then there's no argument to be made against Biden and the Democrats.

Quote
Quote
Now imagine what would happen if, instead of being thrown in prison for that, SBF was given the presidential medal of honor because he made a massive contribution to Trump.

Didn't he donate more to the Democrats? If anybody should give him the medal it's Biden.
SBF was caught because he was too greedy and went bankrupt, not because of Biden, Warren or Gensler.

He sure did. But because Democrats are (sadly) unique in their dedication to law and order among our major political parties today, SBF's donations to the Democrats did not help him at all. He was imprisoned regardless. Democrats prioritized law and order.

Only Trump takes donations in exchange for pardoning criminal acts.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Mate2237 on June 06, 2024, 07:29:39 PM
Things or promises of politicians in the US or any other advance countries are different from the African counterparts. It not those promises of Trump we won't take it serious because our leaders are opposite to their promises.  But in the in the developed countries leaders do what they promised so if Trump promise to support bitcoin then there is no doubt and that means mean Mixers will come back again.

And once US support bitcoin then the price will increase very well again. So we waiting for the good days ahead. The election is holding in the month of 5 November 2024 and after that date we will o ow that next fate of bitcoin.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Abiky on June 07, 2024, 05:41:33 PM
Although the politicians can change their words easily from time to time and Trump was previously against Bitcoin, but with many cases that happens during Biden's presidency, I think people will not choose Biden anymore. Human aren't perfect, so people will choose the least evil one instead the best.

People aren't happy to see Biden proposed to tax mining and tightening the regulations, not to mention about many war that still not end yet. Trump high likely will win, even he can't keep his words, at least people can learn to not vote him in the next election.

Of course they wouldn't choose Biden. Especially with his administration's stance against the crypto/Blockchain industry. Regulations have been much stricter under President Biden than any of his predecessors (mainly Donald Trump). Smart voters know which candidate to choose as the next POTUS. It's likely crypto supporters will side with Trump in Election Day. Even Trump himself has publicly stated his support for crypto in his campaign. RFK Jr. also did the same, but the number of people following him are quite small. We can't expect much from an independent (no political party affiliation) Presidential candidate.

If Trump wins, Bitcoin will emerge victorious. But if he loses, it'll be game over for BTC in America. At least, that's the way I see it. Hopefully, Americans decide what's the best path forward for crypto in the country before it's too late.  :-\


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: OgNasty on June 07, 2024, 06:53:04 PM
If Trump wins, Bitcoin will emerge victorious. But if he loses, it'll be game over for BTC in America.

I went ahead and fixed that for you. Crypto be damned, America can’t survive another 4 years like these last 4. They’re already shilling the bird flu in an attempt to get more lockdowns. Soon you’ll see more fires starting at poultry farms and government mandated slaughtering of cows. Conspiracy theories aren’t even as evil as the truth with this administration…


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: MinoRaiola on June 07, 2024, 07:00:46 PM
Trump has recognized the opportunity to get more donations like Biden when it comes to cryptocurrencies. So I see that as one of the biggest differences and so far it might even work out quite well. If its true, then this is his wallet: https://platform.arkhamintelligence.com/explorer/entity/donald-trump and there are currently around $19,500,000 there. Some of it is from the beginning of this year, but maybe he will get more in crypto. So Biden maybe a bit annoyed because he didnt come up with the idea, Traump is the better businessman.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: coolcoinz on June 07, 2024, 07:12:40 PM
1. There's no evidence that Biden has ever fallen asleep in any sort of meeting, but you are going to believe that anyhow.

Really? What about the Memorial Day video? I'd say he's napping, but yes, there's no proof that he is. You'd have to be sitting net to him to hear his breath and know that he's out.

Quote
And Bitcoin went up 500% in the last three years so there's simply no evidence that all of this evil you allege Warren or whatever Democrats is having any negative effect on Bitcoin. It's clearly thriving, so my guess is that you are simply in favor of Trump and the Republicans winning for reasons not related to Bitcoin--which is totally fine.

500% in 3 years? Since mid 2021? Where did you get these numbers? In Spring and Summer 2021 the price was between $30 and 60k and this year it's in the 50-70k range. Count that again because it doesn't add up to 500%

Also, how are you going to prove that what bitcoin did in the last 3 years wouldn't be 3x that if there was no Democrats to mess with it?

Quote
The authorities in the Biden administration put SBF in prison and rescued the Bitcoin market from almost certain ruin.

They also allowed him to run his scam for years before it blew up.

Quote
Democrats are (sadly) unique in their dedication to law and order among our major political parties today,

 :D
That's some funny shit.



Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: legiteum on June 07, 2024, 08:29:02 PM
1. There's no evidence that Biden has ever fallen asleep in any sort of meeting, but you are going to believe that anyhow.

Really? What about the Memorial Day video? I'd say he's napping, but yes, there's no proof that he is. You'd have to be sitting net to him to hear his breath and know that he's out.


Again, you believe what you want to believe because of your political beliefs. Trump is "young" and Biden is "old" even though they are in a statistical dead-heat in terms of age :).


Quote
Quote
And Bitcoin went up 500% in the last three years so there's simply no evidence that all of this evil you allege Warren or whatever Democrats is having any negative effect on Bitcoin. It's clearly thriving, so my guess is that you are simply in favor of Trump and the Republicans winning for reasons not related to Bitcoin--which is totally fine.

500% in 3 years? Since mid 2021? Where did you get these numbers? In Spring and Summer 2021 the price was between $30 and 60k and this year it's in the 50-70k range. Count that again because it doesn't add up to 500%

Also, how are you going to prove that what bitcoin did in the last 3 years wouldn't be 3x that if there was no Democrats to mess with it?

Sorry, I mean during Biden's presidency. I forget that we're already in June...


Quote
Quote
The authorities in the Biden administration put SBF in prison and rescued the Bitcoin market from almost certain ruin.

They also allowed him to run his scam for years before it blew up.


Um, Trump was president before Biden was. You know that, right? :)

SBF started under Trump and then under Biden, he was put in prison.

Trump is the president who pardoned convicted criminals who donated to his campaign, not Biden.

https://www.politico.com/news/2021/01/20/donald-trump-pardons-460932 (https://www.politico.com/news/2021/01/20/donald-trump-pardons-460932)






Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: BuyingBitcoin on June 07, 2024, 09:14:52 PM
Lol fair comparison. Biden just prints money and never once supported Bitcoin. Trump has supported Bitcoin and is Republican which is more capitalist than Democrats. Republicans are also against printing money.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Wakate on June 07, 2024, 09:45:56 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
We are still not certain what will happens If Trump actually becomes the president, that's if he is elected as the president. The two candidates has been saying a lot of things trying to attract the mind of voters so that they can win the election. We all want to see huge adoption of cryptocurrency that is why many could be in support of Trump but what about those people that do not understand what cryptocurrency could be? They might starts thinking it something contradicting entirely but we still going to see what the election would look like. Crypto adoption will continue with time no matter the policy the government introduce.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: legiteum on June 08, 2024, 02:14:08 AM
Lol fair comparison. Biden just prints money and never once supported Bitcoin. Trump has supported Bitcoin and is Republican which is more capitalist than Democrats. Republicans are also against printing money.

Trump used to hate Bitcoin before three weeks ago.

And today Republicans are not "capitalist" anymore--you need to update yourself on US politics.

And Republicans are not against "printing money" by which I assume you mean running fiscal deficits. Trump ran the biggest deficits in the history of the USA and said that if he were elected we would have run bigger ones.

You seem to have a 1990s view of the Republican party. I like that one a lot better too. But that isn't what exists anymore. Today the Republican party is the crazy one, and Democrats are the rational and stable ones.



Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: tread93 on June 09, 2024, 08:00:08 PM
Quote
Lol fair comparison. Biden just prints money and never once supported Bitcoin. Trump has supported Bitcoin and is Republican which is more capitalist than Democrats. Republicans are also against printing money.

Trump used to hate Bitcoin before three weeks ago.

And today Republicans are not "capitalist" anymore--you need to update yourself on US politics.

And Republicans are not against "printing money" by which I assume you mean running fiscal deficits. Trump ran the biggest deficits in the history of the USA and said that if he were elected we would have run bigger ones.

You seem to have a 1990s view of the Republican party. I like that one a lot better too. But that isn't what exists anymore. Today the Republican party is the crazy one, and Democrats are the rational and stable ones.



I don't think Trump really ever hated bitcoin, do you have a source of this? He only stated that bitcoin was a threat to the US dollar https://www.bbc.com/news/business-57392734, which it is, especially to the US government & their interests in holding the world reserve currency. But since you can't beat em join em! The SEC was forced to embrace bitcoin in the form of ETFs so next stop is regulations & that is one thing that the Biden Administration is really cracking down on but I do not believe they have the average joe bitcoin holders best interest's at heart they just want to tax this shit out of any capital gains and I would argue that dems would try to put into law lots of policy that would not be helpful to crypto holders.

Trump started toying with the NFTs a few years back and was monumentally successful with his "Trump Cards" & I think that is one area that he began to change his mind. Along the way he realized that Bitcoin was catching on, and you can argue all you want that Biden was great for bitcoin and crypto with policies and how he handled the whole SBF thing in 2022 & all that but I would argue to say that Bitcoin is doing so great, partly, because Biden is such an awful president. This definitely had to play a role in the publics decision making to embrace it, simply seeing the US being pushed to a fork in the road due to terrible leadership bringing forth much fear and uncertainty as well as creating a lack of faith in the US dollar with unhealthy printing of currency & the current government's ability or lack there of to do right by the American people.

Its clear that Biden doesn't give a fuck about Americans he would rather see his own suffer with crazy inflation and down play that there even is inflation to help fund a bullshit war and do everything he can to fast track America into being a shit hole aka not securing the boarder aka forcing people to take a bs vax & penalizing Americans on their own turf & passing along a few $1200 checks to make them feel special, meanwhile he's writing checks for billions and billions of dollars to other countries & won't even hardly put a dime towards helping his own country by comparison. I think this has only caused Bitcoin to be adopted much more frankly because Biden sucks ass. That is one theory, & I bet you that I'm partially right here lmao.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: passwordnow on June 09, 2024, 09:11:34 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody.
Trump might be redeeming himself to have more votes from crypto people. It's known that The Internet don't forget, many times Donald Trump says bad about Bitcoin (https://bitcointalk.org/index.php?topic=5499329.0) but because the election is coming, he's becoming a good boy and becoming one of us.

Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild.
He has to get as much support as he can because of it. That's why he's going to the wrong guy. Elon was the same as him but then, known to be a memecoin shiller - Doge. But if he wants to talk about crypto policies, he should to the people that are known to this or talk with the exchange owners.

Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
That's apples and oranges comparison and I don't think this topic should be on the bitcoin discussion because this is appropriate on the: Politics & Society. (https://bitcointalk.org/index.php?board=34.0)


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Z-tight on June 09, 2024, 09:22:40 PM
I think that every pro crypto person should vote for Trump, he at least trying to be a crypto guy
I don't think so, let us separate crypto from politics, nobody should vote for either candidate on the basis of being a 'crypto guy', i would not even call any of them that, they have said bad things about BTC in the past and saying a few good things now to score points before the election does not count in my opinion.

Can we please end this discussion about politicians and BTC, i want our network to be as far away from politics and politicians too.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: EFS on June 09, 2024, 09:45:23 PM
I don't see anything like Bitcoin vs. Fiat as you said. Various promises are made during the election period. I don't think there will be a change in the status of Bitcoin no matter who is elected. Besides that, If you are naive enough to trust what Trump says, you will be cheated a lot in this life. :)


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: NotATether on June 10, 2024, 03:48:11 AM
Trump does not care about Bitcoin.

Why are you guys so gullible?

Even if he wins, there is no guarantee that his administration won't crack down on crypto themselves.

And frankly, if you can't understand this, I don't know how you manage to protect your coins from malware and phishing links.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: legiteum on June 10, 2024, 05:20:44 AM

I don't think Trump really ever hated bitcoin, do you have a source of this? He only stated that bitcoin was a threat to the US dollar


In the context in which he said that, it was clearly not a compliment.

Quote
Its clear that Biden doesn't give a fuck about Americans he would rather see his own suffer with crazy inflation


The inflation we're now seeing is the obviously the result of the and started under Trump, not Biden. Trump insisted on stimulus checks that were bigger than what Biden suggested and ultimately passed.

I suspect you want Trump to win for reasons other than economic or for Bitcoin, e.g. abortion laws or something.



Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Abiky on June 11, 2024, 04:14:16 PM
Trump does not care about Bitcoin.

Why are you guys so gullible?

Even if he wins, there is no guarantee that his administration won't crack down on crypto themselves.

And frankly, if you can't understand this, I don't know how you manage to protect your coins from malware and phishing links.

He didn't regulate crypto with a "heavy hand" during his first term as President. Did he? At the time, the SEC chairman was Jay Clayton and under his leadership, the agency treated crypto lightly. There were no claims of "unregistered securities" nor prosecution of crypto exchanges. The current administration has done more harm than good to the entire crypto/Blockchain industry. Several companies/exchanges/firms left the US due to harsh regulations. Even the Tornado.Cash mixer was sanctioned by the US under Biden's leadership. Not to mention, the government went after Samourai wallet due to concerns of money laundering (especially when it made use of a non-custodial mixing technique).

Actions speak more than words. And Biden has shown Americans that he dislikes crypto. Voters know which candidate to choose during Election Day. Maybe Trump's promises will take him back to the White House? Only time will tell. Hopefully, crypto remains legal in America forever.  


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: ChiBitCTy on June 11, 2024, 04:19:19 PM
I see it more like Bitconnect versus OneCoin lulz.  You know my disdain for Donny Trumpers of course, but I have a high disdain for Biden as well.  I do see what you mean with the comparison..but I wouldn't give Donny boy that much credit.  He is going pro-bitcoin , saying he wont make a USD coin etc.  He's just using it as a voting tactic, but..I do respect that and agree.  Not to mention how hypocritical of him it would be if he ended up being anit-crypto being that he made all those ridiculous NFTs.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: legiteum on June 11, 2024, 06:08:01 PM

Actions speak more than words. And Biden has shown Americans that he dislikes crypto. Voters know which candidate to choose during Election Day. Maybe Trump's promises will take him back to the White House? Only time will tell. Hopefully, crypto remains legal in America forever.  


Yep, actions speak alright: Bitcoin went up 500% under president Biden.

Biden has never shown he "dislikes crypto" any more than he "dislikes the Apple Watch" or he "dislikes Burger King". He doesn't care. It's just another product out there among millions.

The only reason Bitcoin would be made illegal would be because the Trump administration needs to ban it because it can be used to pay for abortions, which they plan to make illegal across the country. Stopping millions of women (and men) from doing what they need to do is going to require a massive new police state, and Bitcoin very well may be eliminated when that happens.

The safe bet here is to stay with the president that presided under a massive appreciation of Bitcoin, not take chances on radical change that could screw up absolutely everything.



Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Easteregg69 on June 11, 2024, 06:11:50 PM
Is this the right place to complain about Twitter X? If so.

I don't like being rate limited. Cheers.

Like you have to save on database space. Cheap bastards.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: JusticeSolus on June 11, 2024, 06:21:59 PM
Not necessarily,

Kennedy was a democratic candidate and wanted to put the entire U.S. money system on a blockchain.

Wondering why we chose Biden over Kennedy  ::)


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: philipma1957 on June 11, 2024, 06:46:56 PM
Trump does not care about Bitcoin.

Why are you guys so gullible?

Even if he wins, there is no guarantee that his administration won't crack down on crypto themselves.

And frankly, if you can't understand this, I don't know how you manage to protect your coins from malware and phishing links.

He didn't regulate crypto with a "heavy hand" during his first term as President. Did he? At the time, the SEC chairman was Jay Clayton and under his leadership, the agency treated crypto lightly. There were no claims of "unregistered securities" nor prosecution of crypto exchanges. The current administration has done more harm than good to the entire crypto/Blockchain industry. Several companies/exchanges/firms left the US due to harsh regulations. Even the Tornado.Cash mixer was sanctioned by the US under Biden's leadership. Not to mention, the government went after Samourai wallet due to concerns of money laundering (especially when it made use of a non-custodial mixing technique).

Actions speak more than words. And Biden has shown Americans that he dislikes crypto. Voters know which candidate to choose during Election Day. Maybe Trump's promises will take him back to the White House? Only time will tell. Hopefully, crypto remains legal in America forever.  

he crushed crytpo in dec 2017 crypto was whaling he passed the no like kind trade law. and fucked every usa crypto trader as of jan 1 2018.

and crypto crashed and burned in 2018 with the like kind no reporting no tax consequence trading ending.


I was I had full asscess to this thread of lies saying trump is good for btc.


he was not good back in 2017.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Easteregg69 on June 11, 2024, 06:47:22 PM
Not necessarily,

Kennedy was a democratic candidate and wanted to put the entire U.S. money system on a blockchain.

Wondering why we chose Biden over Kennedy  ::)

"Computer please open the hatch!". How did you like that one?

I am big in MAGA right now. For not siphoning funds. I get my allowances.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Cookdata on June 11, 2024, 09:01:00 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?

I wish the two of them can just step back and chill and allow a fresh candidate to rule US so we can see a new direction with all the policy they are trying to put in one. Biden is just old man who is fighting for power and the age is affecting him, it's all obvious and most of his decisions are been fuel by people who want to see him in power while Trump is just another psychopath who is hungry for power to complete his lunatic system.

I read about Robert Kennedy Jr in one of the thread I created and I was surprised that what Trump is pushing was actually not his idea, it was first started by Robert but I guess he doesn't have a strong hold in the US like Trump and Biden. It's better politicians don't weaponized crypto, they have always called it all sort of name, this is not the right time to solicit the support of the community, two clowns and entertainers.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: pooya87 on June 12, 2024, 04:03:32 AM
He didn't regulate crypto with a "heavy hand" during his first term as President.
The current administration has done more harm than good to the entire crypto/Blockchain industry.
You should compare each administration with its predecessor not the next one.
It's a trend that is happening all around the world and not just in USA. Biden is worse than Trump, Trump was worse than Obama (Bitcoin didn't exist during Bush admin.). The regulations for the crypto world is getting tighter and tighter. Next administration will get tighter regulations as well.

I dare say that even if Satoshi Nakamoto were to become US president this year, the regulations, KYC enforcements, the banning of anything remotely privacy related such as mixers, etc. will continue at a faster pace.

Governments want control and despise losing it. They will not stand idly by watching people reach financial sovereignty and they will not accept not-being able to for example shut down all their bank accounts and seize all their money any time they wanted to. So they'll start hitting back...


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: shield132 on June 12, 2024, 09:23:57 AM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
Trump does everything that he can do to get votes and beat Biden. His approach is very shady to my mind and if I were a Trump voter, I would seriously consider the level of his hypocrisy. No one should trust Trump about the promises that he gives away to get votes because if he gets the power, then that power will be abused and he will do whatever he thinks is right to crypto.

Anyway.  I do not get this.  Even if Trump versus Biden was like Bitcoin versus Fiat, what does this help any of us with?
The USA is the number one country, if they make Bitcoin legal and help its adoption, this will be a message for other countries to do the same and billions of dollars inflow will skyrocket Bitcoin prices and the availability of stores/services that will accept Bitcoin payments.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Abiky on June 12, 2024, 01:52:52 PM
You should compare each administration with its predecessor not the next one.
It's a trend that is happening all around the world and not just in USA. Biden is worse than Trump, Trump was worse than Obama (Bitcoin didn't exist during Bush admin.). The regulations for the crypto world is getting tighter and tighter. Next administration will get tighter regulations as well.

I dare say that even if Satoshi Nakamoto were to become US president this year, the regulations, KYC enforcements, the banning of anything remotely privacy related such as mixers, etc. will continue at a faster pace.

Governments want control and despise losing it. They will not stand idly by watching people reach financial sovereignty and they will not accept not-being able to for example shut down all their bank accounts and seize all their money any time they wanted to. So they'll start hitting back...

Politicians are politicians. They usually lie just to get what they want. Would you imagine Trump not keeping his promises after being elected? Just like Javier Milei once he rose all the way to power. He forgot about abolishing the central bank and replacing the Argentine Peso with the USD or BTC. The same could happen with Donald Trump.

It seems that crypto is a subject of debate in politics. It could drastically change the outcome of elections this year. Between Trump, Biden, and RFK Jr., it seems to me that Trump is the most pro-crypto presidential candidate. For that reason alone, many crypto supporters will vote for him. We'll only know if he'll keep up with his promises after being re-elected. The future is widely unpredictable, so we can only hope for the best. :D


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Die_empty on June 12, 2024, 06:59:11 PM
He didn't regulate crypto with a "heavy hand" during his first term as President.
The current administration has done more harm than good to the entire crypto/Blockchain industry.
You should compare each administration with its predecessor not the next one.
It's a trend that is happening all around the world and not just in USA. Biden is worse than Trump, Trump was worse than Obama (Bitcoin didn't exist during Bush admin.). The regulations for the crypto world is getting tighter and tighter. Next administration will get tighter regulations as well.

I dare say that even if Satoshi Nakamoto were to become US president this year, the regulations, KYC enforcements, the banning of anything remotely privacy related such as mixers, etc. will continue at a faster pace.

Governments want control and despise losing it. They will not stand idly by watching people reach financial sovereignty and they will not accept not-being able to for example shut down all their bank accounts and seize all their money any time they wanted to. So they'll start hitting back...
We shouldn't think that a president can automatically change the operations of a country automatically. Some strong anti-bitcoin forces in the US Congress will do everything possible to sponsor bills aimed at regulating the Bitcoin ecosystem. Some regulatory agencies are independent and the President has no power over them, so it will be difficult to push them to make Bitcoin-friendly laws.

Although Trump is asking for donations from the crypto community, there is no way he can get more donations from the sector than what he would get from centralized financial institutions. Big banks and other institutional investors will give him the biggest donations and he would have to make policies that will promote their business. These laws will be anti-decentralization which will also give them the chance to control the system.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: OgNasty on June 12, 2024, 07:13:08 PM
I’m just glad I got my bets for President in early because Biden’s odds of winning are sinking like a stone as he continues to embarrass himself and spout lies around the country. Anything can happen when known cheaters are involved, but I think it’s likely that Joe Biden is going to lose the Presidency by the most votes in American history, and I’d make that bet.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: irhact on June 12, 2024, 10:56:29 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?

I don't believe anything that politician says during their campaign period as they can change their words later and we can't do anything about that. He might be pro Bitcoin now as he needs votes from anywhere he can get them but when he enters the seats of the president, he'll forget all the promises he gave to the Bitcoin supporters. I think they both are fiats and I don't believe anything any of them are saying. Bitcoin doesn't need any of them for it to keep succeeding.

Any of them that wins won't matter as they can't stop Bitcoin. My thought on this matter is that Donald trump needs to do more than seeking the support of the Bitcoin supporters as he needs more votes from fiats believers than he does from Bitcoin believers to win the seat of the white house therefore he should focus his marketing elsewhere and leave us out of their politics before we become victims when the campaigns are over.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Taskford on June 12, 2024, 11:07:57 PM
I’m just glad I got my bets for President in early because Biden’s odds of winning are sinking like a stone as he continues to embarrass himself and spout lies around the country. Anything can happen when known cheaters are involved, but I think it’s likely that Joe Biden is going to lose the Presidency by the most votes in American history, and I’d make that bet.

He's attack on crypto industries and other bad decisions made are the reason why he's popularity also chance to retake his seat sinks. That's why Trump see's that opportunity to use for his campaign and portray to public that he's bitcoin and crypto friendly to show something that he's innovative guy then open for some great changes on US markets. But I still don't believe what that guy said since we are now on campaign period, those politicians will use whatever they can to make their names standout among their fellow candidates. Since what's important for them is to win nothing else more.

But we all know that Trump is hot nowadays and it seems like he have a good chance to take the presidency again. So lets just hope for better and he will follow what he said on campaign period backed bitcoin then US will became better place for crypto users.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: BlackBoss_ on June 13, 2024, 01:48:20 AM
He's attack on crypto industries and other bad decisions made are the reason why he's popularity also chance to retake his seat sinks. That's why Trump see's that opportunity to use for his campaign and portray to public that he's bitcoin and crypto friendly to show something that he's innovative guy then open for some great changes on US markets. But I still don't believe what that guy said since we are now on campaign period, those politicians will use whatever they can to make their names standout among their fellow candidates. Since what's important for them is to win nothing else more.

But we all know that Trump is hot nowadays and it seems like he have a good chance to take the presidency again. So lets just hope for better and he will follow what he said on campaign period backed bitcoin then US will became better place for crypto users.
We can not trust Trump but his change in strategic approach for his campaign before the President Election actually forced Biden and his team to change. SEC approved ETH Spot ETF applications because they didn't want to lose many support and votes to Trump by being anti Bitcoin and cryptocurrency industry some months before the Election.

It's not easy to know will Biden team keep up their promise and approach to be more friendly with blockchain industry and cryptocurrency market if they successfully defend their positions in the White House after this year election. Think positively, the campaigns before President Election in November helped us to have Bitcoin Spot ETFs and Ethereum Spot ETFs in 2024. It's good if we ignore other things that can be negatively or vague now.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: temple on June 13, 2024, 12:30:46 PM
The Reichstag Moment was insane and guess what he is doing now that he has been found guilty on 34 charges.
The US constitution is in serious need of some addendums.
A convicted felon is not allowed to vote in USA but at the same time convicted felons (even from behind bars) can run for presidency and even become president!

In other words, he has once again been intentionally playing rhetorically with the possibility for another riot should he get sent to jail. The way he does it knowing what happened back then shows how reckless he can be when it comes to civil peace.
Well, when they didn't put it behind bars for crimes including incitement of insurrection, of course he is going to do it again.

You know what's the most absurd part of it is? Some of his crimes are categorized as Federal Crimes (like the 32 felony counts in violation of the Espionage Act) and if he manages to win the election he could pardon himself on day one... 🤦‍♂️

This is what I was just recently asked and I wasn't sure whether he could pardon himself. Can he literally do that or would he need some kind of majority vote from anyone, the congress I guess? Can he just take pen and paper and free himself of any convictions and sentences? It's absurd.

What's your guess, will he win it? Or is this rather a 50/50 unpredictable thing? I have this feeling that this guy has some aces of all sorts up his sleeves.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Blitzboy on June 13, 2024, 12:54:33 PM
This crypto thing is at a crossroads, folks, and its really obvious where we need to go. Watch Trump; he understands. Talking to the major players, the global Elon Musks, is he. He's all about letting people control their own money, their own digital assets. That is enormous! That is how, not some other nation, America becomes the leader in this.

President Biden? He is, perhaps, being a touch too cautious. That veto of his, though. Innovators wont exactly get a lot of praise for this. He's dragging us down with his one foot in the old finance world. That cant happen.

Let me tell you, this isnt just about bitcoin or ethereum or whatever new coin comes out tomorrow. Its about freedom. Giving each person an opportunity to become financially independent is the goal. It also concerns maintaining America's top position. Let us therefore choose wisely.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: avp2306 on June 13, 2024, 12:58:14 PM
We can not trust Trump but his change in strategic approach for his campaign before the President Election actually forced Biden and his team to change. SEC approved ETH Spot ETF applications because they didn't want to lose many support and votes to Trump by being anti Bitcoin and cryptocurrency industry some months before the Election.

It's not easy to know will Biden team keep up their promise and approach to be more friendly with blockchain industry and cryptocurrency market if they successfully defend their positions in the White House after this year election. Think positively, the campaigns before President Election in November helped us to have Bitcoin Spot ETFs and Ethereum Spot ETFs in 2024. It's good if we ignore other things that can be negatively or vague now.

Trump have good political PR since they know how to tackle certain situation that they can use for their campaign and give good impression to people especially if the old leader is doing something outrageous decision on his term. They see that getting to much into trouble regarding on their crypto policies is giving Biden a bad image and that is what Trumps camp taking advantage on. That's why we can't really trust him regarding on his statement since we know campaign period is ongoing so as being said they would use all their cards to get some votes that's why people need to take precuation on politicians promises since all of them are liars.

I think its to late for Biden to release some good statement that they would became a crypto friendly if they retain their set since people already know them and what interest they are pushing. If Trump will win then let see if he will hold into his promises since if he ignore what he say when campaign period is on then I guess people have power to eliminate him on the set and find better person who can lead their country into real progress.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: bettercrypto on June 13, 2024, 03:09:57 PM
I support Mr. Trump's election, but not because he spoke out in favor of bitcoin and cryptocurrency. Everything he says about crypto is more political than he actually cares about it. We all know politicians can do anything to achieve their goals, especially American politics is notoriously messy and there is no trick they don't dare to do.

I disagree when you call Trump is bitcoin and Biden is fiat, because whoever becomes president will represent and have the task of making the USD stronger. Therefore, Trump's support for bitcoin during his campaign does not mean he is representing bitcoin.

We can see who of the two supports cryptocurrency or Bitcoin more, and that is none other than Trump, not Biden. Biden only supported Bitcoin because there would be an election and his term would end.

So if it's just for me, even if I'm not a resident of the US, I'll vote for Trump because I saw how he supported the field of bitcoin and cryptocurrency, to be honest., and I hope he wins this time without fraud happening.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: tread93 on June 14, 2024, 01:40:22 AM
I’m just glad I got my bets for President in early because Biden’s odds of winning are sinking like a stone as he continues to embarrass himself and spout lies around the country. Anything can happen when known cheaters are involved, but I think it’s likely that Joe Biden is going to lose the Presidency by the most votes in American history, and I’d make that bet.

I couldn't agree with you more m8! Where exactly did you place this bet btw? I need to make a hefty bet on Trump. At this point if Biden wins its pretty evident that the democrats cheated their socks off and their pants are on fire. America has never been more disgraced & embarrassed since Biden became president. When Trump was the President democrats said the same thing about him but at least Trump has a sharp mind and is business smart. Biden is a completely incompetent old man who bold face lies about everything. He can't make it up the stairs on his own without tripping or even form complete sentences half of the time. The man clearly has Alzheimer's & he is completely protected by our bought out media that fails to report on any of his hiccups, his own son's crimes, but more importantly his own crimes against our country. He has committed treason while at the same time trying to jail his own opponent when he is the very one who should be placed behind bars for selling out America for his families own personal gain. Its a disgrace, its an outrage & a scandal! If this continues on for much longer I wouldn't be surprised to see America at the end of its rope & in shambles or seeing the largest uprising since the revolutionary war. That sounds like a lot and maybe a little overwhelming or even a bit exaggerated but there is a lot on the line here. So much is at stake & I think American's are starting to lose their patience with this administration all while we are the laughing stock of the world.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: pooya87 on June 14, 2024, 03:33:03 AM
Politicians are politicians. They usually lie just to get what they want. Would you imagine Trump not keeping his promises after being elected? Just like Javier Milei once he rose all the way to power. He forgot about abolishing the central bank and replacing the Argentine Peso with the USD or BTC. The same could happen with Donald Trump.
Exactly. And that's the flaw with democracy. Majority of the population are easily fooled by pretty words and vote for the one saying them. Then they forget those promises very easily as well! Today nobody really remembers what promises Trump gave in 2016 and how many of them he had broken by 2021.
This is also why people in Argentina are experiencing 270% inflation.

This is what I was just recently asked and I wasn't sure whether he could pardon himself. Can he literally do that or would he need some kind of majority vote from anyone, the congress I guess? Can he just take pen and paper and free himself of any convictions and sentences? It's absurd.
Technically Federal Crimes can be pardoned by the president without needing anyone else. For example Biden as the president in office can pardon Ulbricht who is someone convicted of Federal Crimes.
However, it is unprecedented for a US president in office to be convicted of such crimes himself to be needing a pardon from himself! So it's like a special case that the legal experts have to discuss when the time comes! AFAICT the law allows it.

What's your guess, will he win it? Or is this rather a 50/50 unpredictable thing? I have this feeling that this guy has some aces of all sorts up his sleeves.
It's unpredictable.
On paper neither of them should even run for presidency because neither are suitable. Both of them are extremely old and incompetent.

So when the choice is between bad and worse you gotta see who is worse, and Biden as the president in office has been messing things up a lot and Trump as someone who hasn't been in office (in past 4 years) can criticize it easily saying he'll do better while people don't even remember the mess he left America with 4 years ago when he left office :D
 
For example one major thing is the two large conflicts (in Ukraine and Palestine) that has also affected US economy. Biden has been performing terribly there which is what Trump is using very well in his own favor. He simply lies to people that if he wins he'll end them quickly. Obviously the weary people who see Biden's failure, begin preferring that lie!!
It's unpredictable because although some are speculating that things could end in summer but for now the conflict is expanding (eg. Zionists are planning to attack Lebanon, and Russia just placed its nukes close to US mainland in Cuba).


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Marvell1 on June 14, 2024, 08:09:46 AM
I support Mr. Trump's election, but not because he spoke out in favor of bitcoin and cryptocurrency. Everything he says about crypto is more political than he actually cares about it. We all know politicians can do anything to achieve their goals, especially American politics is notoriously messy and there is no trick they don't dare to do.

I disagree when you call Trump is bitcoin and Biden is fiat, because whoever becomes president will represent and have the task of making the USD stronger. Therefore, Trump's support for bitcoin during his campaign does not mean he is representing bitcoin.

We can see who of the two supports cryptocurrency or Bitcoin more, and that is none other than Trump, not Biden. Biden only supported Bitcoin because there would be an election and his term would end.

So if it's just for me, even if I'm not a resident of the US, I'll vote for Trump because I saw how he supported the field of bitcoin and cryptocurrency, to be honest., and I hope he wins this time without fraud happening.

As I said, I do not support Trump just because he promised to support cryptocurrencies if elected, the words of politicians have nothing for us to trust. Don't forget that when he was president in the 2016-2020 term, he also declared no interest in cryptocurrencies, although many years have passed and his views may have changed. But the election is approaching and both are just trying to achieve their goals, so what they say is not trustworthy.

If you want to support Trump just because he said he would support cryptocurrencies, it's too early for you to make a final decision. As a news report I just read, Biden's re-election team is discussing accepting cryptocurrency donations. That means they will also be making crypto-related promises in the near future.
https://www.theblock.co/post/299851/biden-campaign-in-talks-to-accept-crypto-donations-through-coinbase-commerce-sources
https://i.ibb.co/tcCX9r6/Screenshot-2024-06-14-150723.png


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Abiky on June 17, 2024, 12:27:20 PM
I don't believe anything that politician says during their campaign period as they can change their words later and we can't do anything about that. He might be pro Bitcoin now as he needs votes from anywhere he can get them but when he enters the seats of the president, he'll forget all the promises he gave to the Bitcoin supporters. I think they both are fiats and I don't believe anything any of them are saying. Bitcoin doesn't need any of them for it to keep succeeding.

Any of them that wins won't matter as they can't stop Bitcoin. My thought on this matter is that Donald trump needs to do more than seeking the support of the Bitcoin supporters as he needs more votes from fiats believers than he does from Bitcoin believers to win the seat of the white house therefore he should focus his marketing elsewhere and leave us out of their politics before we become victims when the campaigns are over.

We all know Donald Trump likes the USD more than BTC. His past comments tells us that. The main reason why he changed his views about BTC (and crypto) was to gather the favor of crypto supporters. He wants to present himself as the opposite of sitting President Joe Biden. If Trump was against Bitcoin, he would be no different than "Sleepy Joe". Would he?

For all I know, Bitcoin doesn't need the approval of politicians to survive. It will carry on as usual with or without Trump's support. We can thank Bitcoin's decentralized design for this. If one country rejects BTC, another country will embrace it with open arms. The clock is ticking fast, so the US better gets its act straight before it's left behind in the dust. ;D


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: temple on June 27, 2024, 02:40:47 PM
This is what I was just recently asked and I wasn't sure whether he could pardon himself. Can he literally do that or would he need some kind of majority vote from anyone, the congress I guess? Can he just take pen and paper and free himself of any convictions and sentences? It's absurd.
Technically Federal Crimes can be pardoned by the president without needing anyone else. For example Biden as the president in office can pardon Ulbricht who is someone convicted of Federal Crimes.
However, it is unprecedented for a US president in office to be convicted of such crimes himself to be needing a pardon from himself! So it's like a special case that the legal experts have to discuss when the time comes! AFAICT the law allows it.

Despite a rotten compromise, at least the Biden administration moved their asses to finally let Assange go. Damn that guy looks wrecked like hell. As if any prison sentence would have made the slightest sense after the martyrdom he has been through. Insane story.

I think Biden ignored the Ulbricht topic so far, but Trump made a move as he is essentially blackmailing people into voting for him He says he wants to pardon Ulbricht (https://www.businessinsider.com/trump-is-spotlighting-ross-ulbricht-silk-road-appeal-to-libertarians-2024) and do the libertarians a favor if they vote for him. That's essentially what he implicitly says. I have followed the case and it is brutal, since the allegations that he was said to have tried to hire a contracting killer couldn't be proven and the trial was scrapped in 2018 I think.


What's your guess, will he win it? Or is this rather a 50/50 unpredictable thing? I have this feeling that this guy has some aces of all sorts up his sleeves.
It's unpredictable.
On paper neither of them should even run for presidency because neither are suitable. Both of them are extremely old and incompetent.

So when the choice is between bad and worse you gotta see who is worse, and Biden as the president in office has been messing things up a lot and Trump as someone who hasn't been in office (in past 4 years) can criticize it easily saying he'll do better while people don't even remember the mess he left America with 4 years ago when he left office :D
 
For example one major thing is the two large conflicts (in Ukraine and Palestine) that has also affected US economy. Biden has been performing terribly there which is what Trump is using very well in his own favor. He simply lies to people that if he wins he'll end them quickly. Obviously the weary people who see Biden's failure, begin preferring that lie!!
It's unpredictable because although some are speculating that things could end in summer but for now the conflict is expanding (eg. Zionists are planning to attack Lebanon, and Russia just placed its nukes close to US mainland in Cuba).

Yes both are indeed not suitable. Apart from the incompetency, age is insane and even Trump has had memory issues recently. It's gonna be some "exciting" few months until the end of the year.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: re-start on June 29, 2024, 07:22:14 AM
I think all this is just for votes and Trump is saying these things so that he can be stronger than Biden in the campaign. In any case, if Trump is really interested in digital currencies and wins this election, many US policies will change and this will be beneficial for the digital currency community.


Title: Re: Trump vs. Biden is almost like Bitcoin vs Fiat
Post by: Sandra_hakeem on June 29, 2024, 09:52:38 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
Unless otherwise please, for the safety of feeling neglected after expecting too much, DON'T TRUST POLITICIANS. it's better to follow their propagandas and see the outcome of it than trusting their words.

Trump already condemned and made everything obvious that he was not in support, then he suddenly changed his mind when he knew alot of investors were off their couch to evict him off the position. Whatever it is, I believe Bitcoin deserves a good return at the end.
As a news report I just read, Biden's re-election team is discussing accepting cryptocurrency donations. That means they will also be making crypto-related promises in the near future.
This is it... "They'll always swirl to positions where the wind is stronger "