Bitcoin Forum

I don't think the international readers here on the forum fully understand just what sort of divisive figure Trump is.

And the American billionaire Bitcoin whales giving Trump money right now... don't seem to care.

But understand this: either this election or the next, Trump will be out of power. When that happens, he will be remembered as a convicted criminal who betrayed his country and was extremely nasty to women, people of color, LGBTQ people, immigrants, the disabled, and the half of the Republican party who didn't support him. Trump wishes to criminalize abortion and deport millions of people from the US. Both of these things are extremely unpopular in the US.

Trump, in short, will go down in history as the worst president in US history. His own party, who will want to continue to have a chance of holding power, will abandon him and everything he stood for.

By tying Bitcoin to Trump, many are building a brand name for Bitcoin that will be both extremely detrimental to its long-term growth, and very hard to get rid of: Bitcoin will be known as a "Trump thing" for a very long time, if not forever. This is a disaster.

Bitcoin went up 500% under president Biden. Bitcoin doesn't need special favors from a government in order to survive and thrive. But Bitcoin absolutely can be destroyed if Bitcoin is associated with something the American people wish to consign to the ash heap of history.

The Bitcoin community should, at minimum, stay out of US politics. But insofar as members do, they should support the moderate status quo in Washington that was present when Bitcoin doubled in value over and over again--in other words, support VP Harris for president and the Democrats.

Bitcoin will never be tied to Trump, or even tagged a Donald Trump thing because bitcoin existed long before Donald Trump started showing interest and support, everyone who is informed is aware of this. Bitcoin does not need Donald Trump or even Biden or VP Harris.

Although this is not a political discussion, Biden or even VP Harris are not saints either.

Hello!
You raise significant points about the potential long-term implications of associating Bitcoin with controversial figures like Trump. As you noted, Trump’s divisive legacy and his positions on issues like abortion and immigration could taint Bitcoin’s reputation if it's perceived as being linked to his support.

Bitcoin’s value increased significantly under President Biden, suggesting that it can thrive without political favoritism. Tying Bitcoin to contentious political figures might indeed harm its reputation and future growth. The Bitcoin community, ideally, should avoid entangling itself in partisan politics and focus on supporting a stable, moderate approach that fosters growth and acceptance.

Best Regards,
Tell The Bell
 (https://www.tellthebell.com.co)

The United States is still a great power and has influence in every field and industry in the world, but that does not mean they have the right to judge the fate of everything in this world.

The existence and development of bitcoin is decided by the worldwide community, even without the US market, I still believe bitcoin will still exist and grow. You should stop over-exaggerating the US government and its power.


I don't see anyone trying to link bitcoin to Trump, what I see is you trying to link bitcoin to Biden as you keep repeating this in all your comments. It is you who are linking bitcoin to politics, not any of us.

One good reason for the Bitcoin price increase during Pres. Biden administration is that the Biden administration is timed when Bitcoin is about to be bullish.  It is just the normal market trend that made Bitcoin went up 500% and not because of  Pres. Biden.  And I think whoever won in this election has nothing to do with Bitcoin's new voyage to hit another ATH in the upcoming months before the Bitcoin market transitions to a bearish season.


Don't both the bolded parts contradict each other?  I am for neutrality so I believe we as Bitcoin community should not interfere with any national politics.  It will bring a bad taste to the Bitcoin industry if we suck up to government officials and at the end let them control the Bitcoin industry.

This is happening naturally. I do not know why people are so much concerned about what can not be stopped. Trump knows already that people are so much in crypto and he is using it to try to become elected as the next United States president. It is Trump that needs the help of bitcoin enthusiasts and not bitcoin that needs the help of Trump. If Trump won or did not win the election, bitcoin will survive. If Trump wins the election and later went to prison, bitcoin will still survive. Even the whole Chinese government were unable to crackdown how bitcoin is in their country, not to talk of a single person in United States.

I'm in UK and we definitely know how divisive Trump is.

Having battled so long against the anti-crypto regime it's just refreshing to see a Presidential candidate attend an actual Bitcoin event. His promises for crypto are worthless and will probably lead to nothing, but even if he is very "pro-bitcoin" president, it won't kill bitcoin. Money is now flowing in from institutions, pensions etc making it a protected asset.

Yes, but this is the first year that millions of dollars in campaign donations have been sent to a single US candidate in the name of Bitcoin and crypto.

Americans are now being "informed", by the millions, that Bitcoin=Trump.



I agree, but so many in the community don't, and feel the need to pump Trump, the Republicans, and the case of a few of the Bitcoin whales, send them millions of dollars.



I only point this out to highlight that roughly half of the USA hates Trump and the Republicans, so from a business standpoint, it's sorta stupid to connect your product to something like that.



Those who are campaigning for Trump here and elsewhere keep stating, over and over, that Biden was bad for Bitcoin. That he was "anti-Bitcoin". That his polices around Bitcoin were somehow terrible.

The evidence contradicts that: if he was so terrible, how did Bitcoin go up 500% under president Biden?




First of all, Bitcoin is still legal to hold and trade in China. They merely disallowed financial institutions from keeping it on their balance sheet.

Second, the US is not China. Clearly most Bitcoin is held by Americans.

Third, nobody here is talking about "ending Bitcoin" in the sense of the network no longer functioning, but rather Bitcoin becoming as popular (and thus valuable) as it was 14 years ago when only few thousand people invested in it.

The price of Bitcoin depends on American consumer sentiment. That's why the price is as high as it is. You can complain all you want about how uninformed and volatile those consumers are, but "kicking them out" means kicking out about 90% of Bitcoin's market price.

Bitcoin is a financial blockchain community with its self custodial regulatory and has never been tied on politics. The influence Donald Trumps has over bitcoin is that he's just a big Whale bitcoin user such also is people like Elon Musk's. So, their moves pertaining the relativities with the public is usually attractive so, let's abolish that thoughts of Donald Trumps being a govern of bitcoin.
The speculations of bitcoin and Trump is just the fact that he speaks about positive minds about bitcoin and the community wishes to actualization all that promises so, there's need in the need to vote Trump as the US president but yet, it shouldn't be on the view that the bitcoin communities "must" have their mandates for him. Perhaps, Trump is a politician who's not trust worthy.

I don't support Trump in any way. However, we must admit that he has a strong chance of winning the election (it will be a very close race), so it's not quite true that he's not supported by half of Republicans (because such a candidate would never win).
Trump getting into Bitcoin isn't bad either. Not yet, anyway. It's generating media attention and attention that is positive in its sentiment (because it inspires people to believe that the US might become very crypto-friendly pretty soon).
We shouldn't tie Bitcoin to anyone, Trump included. And people should make their choices to vote for the candidates they support on a wide range on policies, not just on cryptos.

You said bitcoin will survive. This is not about survival, bitcoin will thrive I'd rather say no matter whether Trump will be elected or not. I like how you put it when you said that bitcoin doesn't need Trump, but Trump needs the help of bitcoin (enthusiasts). That is very well said and hits the nail on the head. He has been known for long to be fishing for votes everywhere possible. Let him crack down on bitcoin, as you said, nothing's gonna happen as could be seen at the example of China. It is a prime example because if there is one country surveilling its citizens and trying to crack down on them whenever they can, it is China. Brutal consequences for misbehavior and yet they had to realize there is no chance stopping bitcoin from at least circulating. They could crack down on major exchanges and mining operations, but that's it.

This is what happened when China cracked down on its mining industry last time.

https://talkimg.com/images/2024/08/07/5Vxdd.png (https://www.cnbc.com/2021/12/18/chinas-underground-bitcoin-miners-.html)

Even after the crackdown it was said that in 2021/2022 despite the crackdown about 20% of the mining operations remained in China, people finding sophisticated ways to hide their setups. Economic incentive outplays restrictive policies even in China and the nature of how bitcoin is generated and how people can participate will give an advantage to miners over the government. How would a government enforce mining restrictions across all China?

If you have been following up with series of discussions on this same topic, you wouldn't have said this because bitcoin is not dependent of any political agenda or propaganda, they may try to play a seek and hide game with bitcoin to its community all because they wanted to achieve their own ambition, but we should not be fooled by all these, cast your vote and don't turn a politician, instead, remain whom you are by strongly adopted a continued use of bitcoin, because its decentralized and will always over every other political policies and agenda under their fiat economy they may implement.

lastly, remember on this

I don't think so. Bitcoin has been here for a long time now and it is know for its own intrinsic value and not because of Trump.
Although bitcoin is in the news these days due to Trump's political campaign but that's just a temporary thing and it will vanish away with time.


Bitcoin has been increasing in a cyclical period since inception. You said it yourself that bitcoin doesn't need special favors from any government but then why do you say that bitcoin went up 500% under the presidency of Biden.
You should be saying that bitcoin went up 500% since Jan 2021 but even that figure is wrong because Bitcoin was around $36k in Jan 2021.
Which means it went up by 200% - 250% since then.

But this is the first election in US history that is being called a "Bitcoin election".

In this election, Bitcoin is the biggest single industry donor (https://www.followthecrypto.org) to the election.

Hundreds of millions of dollars are being spent to tie Bitcoin to Trump and his party (and to US politics generally).

Bitcoin is about to take its place along side of other big Trump-supporting industries like cigarettes, oil, chemicals, and other polluters.

For me, this isn't about politics, it's about business. Tying your product's brand to an extremely divisive political figure is detrimental.

From my perspective, Donald Trump is a white supremacist. He has no respect for people of other races, and his criminal records make him the wrong candidate for the presidency. An individual who can invade tax and pay bribes to silence people shouldn't be trusted. His proposed policy of sending immigrants back to their country will fail because he would face stiff opposition from the lawmakers and the court.

Trump is tying his political dreams to Bitcoin and not the other way. His ambition will not hurt Bitcoin's reputation because Bitcoin is just a currency. Can the dollar be seen as a "Biden thing" or the pound's "Starmer thing"?


Do we have anything formal group called the Bitcoin community? Bitcoin is decentralized and cannot be related to a group of people sitting in a so-called Bitcoin Conference. Those people supporting or donating Bitcoin to his campaign are businessmen who will want his favor when he makes it to the White House. If you survey on this topic, you might be shocked that many people see Trump's move as politically motivated and not for the good of the Bitcoin space.

I think you are right about much of the community, but there are certainly a lot who are all-in on Trump here and elsewhere, but more importantly, lots of campaign money (https://followthecrypto.org/) is coming from the Bitcoin universe and flowing to Trump.

Politics in the US is extremely polarized, with each side alleging the other side is not just of another opinion, but positively evil. That means that any product that ties itself to one of the US "sides" in this argument will be seen as evil to the other "side" (Musk is learning this with Tesla).

And I also get that businesses try to buy favors from politicians, but this is much more dangerous than it has been in the past in the USA because of this polarization.

Bitcoin has survived being called "Ponzi & pyramid scheme", "energy wasteful", "money for criminals", "far-right", "not backed by anything", "controlled by China", "MySpace of cryptocurrencies", and God knows what else.

I'm pretty sure we can survive with media calling it a "Trump thing".

Aren't you going too far with your hate towards him? Are you trying to tell us that Trump is worse than the president who lied about Iraq threatening the US with nuclear weapons and sacrificed lives of US soldiers to get cheap oil? Or maybe he's worse than the president who sent US forces to Vietnam? He must also be worse than the guy who took US off the gold standard.

Of course... he's more nasty than the president who inserted a cigar into his secretary's vagina and ejaculated on her dress...
You Sir seem to have a very short memory, or maybe it's the fault of poor education or young age.

Yet another classic fearmongering topic... ::)

Please, take your pills. ;D

Trump has been the champion for Bitcoin lately, all his campaigns and pro-Bitcoin statements seems to have set him upon the stage more than the election polls would do for most forks.

Eventually, I don’t think his take on Bitcoin is enough to bring some of his perils into the network. Politicians would always use what schemes they’ve got to benefit their purpose but, that has got little to do with Bitcoin.


Simply meaningful and in itself helping.

For me, it's not the U.S.A. president that made Bitcoin go up 500%, there are a lot of things to consider.
I don't agree that the Bitcoin community should at minimum stay out of US Politics because at first, Bitcoin itself is decentralized, open for all, and no one can control it. So everyone can have their choice what to do especially when it comes to politics or their personal own views.

I don't understand why he keeps repeating that in each of his comments, while there are issues like the SEC attacking the cryptocurrency industry, governments increasing control and even trying to shut down mixer...All these bad things are also happening under President Biden but I don't see him mentioning it.
Even if he's right about bitcoin rising 500% under President Biden, what about bitcoin's previous price increases? Bitcoin is 15 years old and has grown by millions of percent, not just that paltry 500%, and that's a pretty modest increase.

Did you notice, he said we should stay away from US politics but then emphasized that we should vote for Vice President Harris? LOL.

There are probably 50 forum threads about Donald Trump and Bitcoin on the forum. I think that this discussion is pretty much over and there's nothing new to be said about Trump's pro-Bitcoin position.
Nobody in the crypto world is tying Trump with Bitcoin. Maybe the people, who know nothing about crypto, would link Donald Trump with BTC, but I couldn't care less about their ignorance. Trump is all about low taxes and less regulations, the left wing progressive liberals a.k.a the Democrats want higher taxes and more regulations. This is what I care for, even though I'm not a US citizen. I don't care about LGBTQ and immigrants. By the way, your post seems more like progressive liberal propaganda.

I wish that were true, but several billionaire Bitcoin whales are giving Trump millions of dollars in campaign donations because they think (wrongly) that he is "pro-bitcoin". In this election, Bitcoin is being tied to Trump. It may well take years to untie Bitcoin from Trump after this.



Sure, you love Trump. Fine, that's your opinion. But a little over half of Americans absolutely hate him. There are 10x more gay people in the USA who are mortally threatened by Trump and those who support him than there are Bitcoin holders. And people who live their lives in danger of being harassed or killed on a daily basis are 10x more motivated than people who want some investment of theirs to go up in price.

It's really stupid for people to be tying Bitcoin to Trump in this way.

And if you actually lived in the USA, you would know that Trump doesn't talk about things like taxes and regulations at all. He is running on two major policy goals: making abortion illegal and deporting about 5% of American workers. Regulations hardly changed at all in the last Trump presidency, and the only ones to get a tax break were big corporations. You might not care about US immigrants, but you should at least care about what getting rid of them all in the US will do to the economy here, which will in turn effect the whole world--and the price of Bitcoin.

Two things that will hurt the American economy.

Then people will be standing like lemming and wondering: "why is the job market crashing?"

It is quite weird, how people have taken to him like a cult.

---

But hey: there will continue to be threads about Donald Trump over here until the election is actually over and (if?) he loses and gets out of the press' media cycle.

Also it surprises me how the most public whales are all exchange owners.

The assumptions you make are not wrong, but I am sure that Bitcoin will not end like that, even though Trump is currently associated with Bitcoin. Because in essence everyone already knows that bitcoin was created by satoshi and every bitcoin holder is its owner. So in my opinion Bitcoin cannot be said to belong to Trump, even though for example the price of Bitcoin has increased due to issues related to Trump.

Bitcoin is a decentralized asset, so obviously no government or community is able to regulate the price of bitcoin absolutely. Maybe the government or community can only influence society and create a cycle that can only affect the price of bitcoin. So the point is that Biden or Trump will clearly not be able to regulate the price of bitcoin in absolute terms. Because bitcoin is currently a very large asset, it will not be easy to manipulate its price to the maximum. Apart from that, Bitcoin can indeed be destroyed, but I think it will be a little difficult. Because as I said above, Bitcoin is a global asset, so destroying it is not an easy matter.

Yes, I agree with this. However, even if this is done, the impact of US politics will definitely have a significant impact on Bitcoin. So in essence, even though the bitcoin community stays away from American politics, the impact cannot be avoided, because basically everyone who invests in bitcoin already has habits that are difficult to regulate regarding things like this. And regarding presidential choices, Harris might be better, but I haven't studied what kind of person she is, so for now I won't think too much about Trump or Harris.

Op you are also bias like those politicians for bitcoin. All the accusations and allegations against Trump, you are also campaigning for the Presidential Candidate for the Democrat Party Kalama Harris. Op the 500% increased your are saying that was caused by Biden, what about the Halving, was it also made it happened? Bitcoin has nothing to do with any political action. And it stands on it own but the world governments are fighting against Bitcoin from different angles.
The next four years, Halving will start again, will you say it is the next president will make Halving to come? Please remove politics from Bitcoin. You can support your candidate and campaign for him that or her that if this person becomes the president, he will favour the Bitcoin community. And not to accused things that are not related to Bitcoin. I see the whole of your speech as a hate speech and and your candidate is good and not another person candidate.
Whether Kalama Harris or Trump. Bitcoin is still active and nobody can tarnished bitcoin. And you are playing primordial Politics which is a killer of real democracy. I don't know if you will have a share from the Kalama Harris government which might be the Prependal Politics you are believing on. But you have to know that US government has a say in bitcoin and if US government support bitcoin, it will make bitcoin to grow well.

Steer clear bitcoin with politics. Go and cast your vote and leave the rest for God.

It is probably somewhat bad for Bitcoin in the long run if politicians start playing around with Bitcoin. Someone will get credit for stacking a ton of coins and mooning the market.  Some other person will drain the reserve and cash it in for short term benefits while potentially destroying Bitcoin.  So while it's nice to think about Bitcoin suddenly finding a buyer for a million coins, you'd have to consider that a sort of final hurrah for Bitcoin, as I doubt it would survive the sale of a million coins when times get tough. 

People who already accumulated bitcoin, will want to see the market mooning ride as hottest as possible. Because mooning ride will help them to get profit and reduce their waiting time.

Investors can wait for medium term profit or for long term profit and with different vision and investment, capital management and strategy for their own financial status and spending in life, they will have different plans for cashing out too.

Cashing out pressure from sellers can affect Bitcoin price on the market in short term if there are many sellers and  more than buyers. In long term, it's not powerful enough to constrain Bitcoin price at low prices. Cashing out pressure happens with time, more or less depends on market phase like bullish or bearish, but it won't be able to destroy Bitcoin.

Since 2009, there are many cashing out waves and pressure, but Bitcoin has been not destroyed so far.

Extremely unpopular?  The existence of millions of Trump supporters seems to suggest otherwise.  They love all that abhorrent shit.  That's why they feel like Trump represents them.  It's who they really are.  Disgusting monsters with disgusting beliefs.

Bigotry and hatred are very much prevalent in the US.  You're simply choosing not to see it.  It's certainly no paradise and you need to stop pretending it is.

I would not take anything any politician says seriously. Especially before election when he needs voters from every community. If you look into the past, Trump has not been keeping promises. So why should anything change about that?

Maybe because people don't have other choice since Trump is I think the only candidate say something nice word about bitcoin and crypto. Since other candidate especially Harris is a clear anti bitcoin candidate. Also its like choosing the less evil among them all since provably if Trump win maybe people have some sort of freedom to use bitcoin in US since this is somehow his promise to his voters.

But I get the point of people who doubt about Trump intention since we can't really deny the fact that he is once a anti bitcoin before. But lets hope for the best that there's really a change of hearts and realize that bitcoin is useful currency and technology which they can take advantage on. I also guess that there's nothing bad happen on bitcoin in Trumps term since if suddenly he announce banning for sure people will provably remember this and it will totally ruin his political career.

While we're both guessing the future here, I think you are wrong.

Why? Because while a lot of Trump's voters in fact love him for his awfulness because of his awfulness, a big chunk of Trump's appeal is fake: it's just Republicans wanting the R to win at all costs. If you want abortion to be illegal--and many do--then you are going to say you "love Trump" regardless of what Trump even is.

But all of that will change the moment Trump is no longer a ticket to a majority, which will happen the moment he loses or is termed out of office. In Germany in the 1950s, thousands of former Nazi officials all collectively said, "oops, sorry about that, we'll never do it again" and moved on into German politics. Hitler became, well, like Hitler in Germany--even though a decade before he would have won a popular vote by a landslide.

The post-Trump GOP will be like this: they will repudiate Trump and join the rest of the US in agreeing about the awful things he did while in office. Not all, of course, and he will always have a cult following (like, um, you know), but the Republican party, wanting to be a majority party again, will join the majority in repudiating him (while maybe blowing a few dog whistles here and there to try to keep at least some of Trump's cult in their tent).

While I will not speak on behalf of what kind of person Trump is and try to keep this out of politics, one thing is true that he is despised and hated by many many people. While republicans may not want to vote for Kamala, they do not specifically have a reason to "hate" her, she did not do anything that caused rage to anyone, they just find her useless or not worthy which is fine that is democracy and totally right to feel that way, but not hate.

At the same time, Trump causes hatred, he literally has so many people who hate him to their bones, so it is true to say that he is a risky figure. Which means that if we connect trump and bitcoin together, there will be a lot of people who will end up with some issues at the end, and won't be that simple.

You may lose a lot of democrats who will never take a look at bitcoin just because trump supports it, and that is why it is not always good thing for politicians to support crypto, it doesn't help us. Whoever is the one that supports it, they have the opposite side, doesn't even matter if it's Trump or not, or USA or not, in any nation if one side supports crypto then other side will have harder time accepting crypto and that is why politics should not get involved.

I don't buy the idea that political involvement with Bitcoin is not helpful, this of course won't increase the transaction speed of Bitcoin or add more utilities to Bitcoin but it will help the awareness side of Bitcoin adoption, this is more than enough.

If you think that backing a country currency with Bitcoin sound stupid then you are not smart either, love or hate trump, I don't care, but using Bitcoin as a backbone of your country's currency is a very good idea.

By the way, Bitcoin is nobody's whore. 

It will have positive and negative effects on bitcoin, the negative side is that it causes division in the bitcoin community because we do not support the same candidate and start heated arguments. But in the long run, you are right that this will have a positive impact on bitcoin's reputation and popularity.

Even though I support Trump, I still agree with the OP's perspective on this issue. I don't think using bitcoin as a USD backbone is an idea that will ever come to fruition. Bitcoin is a volatile asset, and using a highly volatile asset to back a stable currency seems absurd. Second: The US government abolished the gold standard with the purpose of helping them print money more easily and thereby helping them manipulate the world more easily. So the idea of ​​using bitcoin to replace gold as a standard will never happen.

You are speaking more out of hate for Donald Trump than your love for Bitcoin. Have you also considered some positive things that we can get from Donald Trump always speaking about Bitcoin. More people are going to hear about Bitcoin despite what the outcome of the election is going to be therefore it is a win situation for Bitcoin. More life will improve when they follow up and invest in Bitcoin. For the regulations, this might just be the start of the US putting more thinking into adopting Bitcoin in an attempt to try to control it but since they can not, it will just give Bitcoin room to become more successful. Donald Trump is not the fact public figure to associate himself with Bitcoin and we have forgotten all about the, the same thing can happen to him too while Bitcoin keep succeeding.

I still don't know why people are raising alarm and debate on this news when it is the least of our worries. Trump has no say on Bitcoin if using Bitcoin as hype or a means to win his political ambition is his priority then he should do it. But for Bitcoin enthusiasts are worried about the fear of power the US government has and what may affect Bitcoin if Trump is elected.

And they're immediately going to associate it with alt-right proto-fascists and want no part of it.  You clearly have no concept of reputation.  If people see any connection between racists, sexists, homophobes and other backwards beliefs (like the average Trump supporter embodies), they're going to link that negativity with Bitcoin.

Guilt by association.  Bitcoin gets a bad reputation because the people talking the loudest about it are disgusting bigots.  But Trump supporters are too fucking stupid to understand that.

I don't think the Bitcoin community should completely exonerate themselves from the politics of the United States of America because even though Bitcoin was created out of anonymity and as a decentralized medium of exchange and transactions without government intervention but you need to know that the decisions of the United States can one way or the other affect the activities of Bitcoin because they are the world power now so even if everything will not work the same way they are being said at pre election campaigns but we all need positivity and an atmosphere that we can thrive freely without any fear of criticism just like it was in the past when Bitcoin was still developing even though the development is still in progress but it has witnessed significant improvements so far.

Everyone has freedom of choice so you are entitled to take your own decisions as everyone cannot move in same path.

I don't think I am, but if I was that would make my point for me: my sentiments are no different than about 52% of Americans when it comes to Trump.


So you are saying "any publicity is good publicity"? So was the FTX fiasco, which millions of Americans to this day only associate with Bitcoin, a good thing for Bitcoin? The market sure didn't think so.

And in terms of a divisive figure, Trump is a thousand times more known than SBF.

In this election cycle, Bitcoin is now playing in the big leagues, as the industry's donations are bigger then Big Oil, Big Pharma, labor unions, and so on.

We're basically talking about a multi-hundred million dollar nationwide ad campaign that is saying, "Bitcoin = Trump". I am hoping that they start giving the Democrats and Harris money so they can say it's all balanced out, but if this stays the way it is then Bitcoin's reputation can be permanently trashed by this.

I think its probably both Cool Coinz hahahah.

Anyhow Legitium is the standard run of the mill liberalist who hates Trump with a fire that burns brighter than the sun! I find it hysterical he would point out everything negative about Trump and completely ignore the incompetency of the Biden Administration in these last 4 years. Trump will go down as one of the bravest, strongest, and tough as nails President the US has seen. A real patriot. But how would you know Legiteum? With your head shoved that far up your rear end you're a real Donky freak m8! Good luck with all that.  

Perfect counter-argument. Very convincing.

What amazes me is so many people being swayed and swooned by Trump in his "love" and "support" for bitcoin.  First of all, Trump has NO CLUE what bitcoin really is or how it works, or how a blockchain works..none.  Don't let his bs political talking points to get votes fool you.  His speech ast the Nashville conference was a joke, clearly just all teleprompter driven, and just total nonsense overall.  Bitcoin is all about being anti gov bs, and it just sickens me how much people want to thank him for his "support".

That’s because we all know your TDS consumes you, and expresses itself in your lies and propaganda here. Give it a rest, woke boy!

It seems you need to change the topic title, Bitcoin never colluded with Trump, Bitcoin has always been independent without any party being able to control it. Trump only took advantage of the explosion generated by Bitcoin to reach the peak of his political power.

Trump who has always approached Bitcoin in various ways, has said many times that he will support Bitcoin, but Bitcoin has grown rapidly even without his support. Everyone can judge where Trump is heading right now, Trump's steps are directed at what people are most interested in right now, he chose to approach Bitcoin because he thought Bitcoin could help him win the election, but Bitcoin does not need Trump's support at all to develop further.

No, Trump is collection hundreds of millions of dollars in donations from the crypto industry. Americans are going to get an impression of Bitcoin through campaigning and advertising. Thanks to these donors, they will now often associate Bitcoin with Trump, who is extremely divisive--meaning that Trump's followers will love Bitcoin and the rest of the US will hate it.


Yes, it did grow without Trump being on the payroll, and no Bitcoin doesn't need Trump to thrive. Indeed, the entire point of this thread is that Bitcoin would be much better off if Trump were not around.

And Trump isn't doing what he is doing to support Bitcoin holders in the US, he is doing it to support a few dozen billionaire Bitcoin whales who have given him millions. There are not enough Bitcoin supports in the USA to make even the tiniest bit of difference, in terms of numbers of voters.

 

Bitcoin is a decentralized currency that should not be planned depending on only one country or one political party. Trump's recent interest in Bitcoin is certainly good, but it would be wrong to assume that Bitcoin will fare well based solely on his power. Moreover, if Trump can not come to the power, then the future of Bitcoin will not be good? I must say that Bitcoin should not be biased. Trump has not been in power for so long that the price of Bitcoin has not increased? Whichever government comes in, Bitcoin will run at its own pace. It is foolish to discuss the positive aspects of Bitcoin depending on a specific government. If governments understand then everyone will impose a positive view on Bitcoin.

Bitcoin's success does not depend on any one political figure, but the potential risks of closely associating it with a controversial leader like Trump could outweigh any short-term gains. For the long-term health of the Bitcoin community, it would be wise to maintain political neutrality or align with broader, more moderate principles.

Because in the end, yes, the money you want to get. Currently, Bitcoin crypto is not a revolutionary technology, but they are currently a very profitable industry. I think Crypto supporters are very happy with this condition. If Trum really wins, of course the direction of Crypto policy will be better.
Even though I am not a US citizen but Trump has a positive effect on the development of crypto, I automatically support it. I think something that is self-beneficial and that is brought in politics automatically he will support the bearer of the sweet promise that is spoken. Politics can always take advantage of this condition.

You have just put several nonsense arguments within such a short post.


No? What is it then? A financial ecosystem without single point of failures that serves the entire world and gives no single party the power to shut it down. It 100% solves the double spending problem, can't be censored, is neutral to any potential user given that rules of the protocol are followed and required transaction fees are paid.

Seriously what is it if it is not revolutionary and since you say it isn't, what other financial ecosystem is there that is censorship resistant, solves the double spending problem, can't print money out of thin air?


I wish you could lend me your crystal ball. If there is one guy who is extremely erratic when it comes to his words and his actions, then it is Trump.


Rather read this post again as this summarizes it all. Trump has no idea what this thing called bitcoin is.


I think this is more of a problem than a good trait that you can be proud of. I'd suggest you thoroughly analyze who is saying what before you automatically support any agendas or causes.

Donald Trump calls Bitcoin 'a scam against the dollar' (https://www.bbc.com/news/business-57392734)

Of course anyone can change their opinion, but this guy is a weirdo. It is not as if he has ever stood up and explained why he changed his mind and what makes him think positively about the tech. He just sees the growing bitcoin community and how he could be fishing for voters, that's it.

There is a lot of excitement among people around the American election. Who will win the next election? However, many people want to see Trump in power in this election. They also want to make a correlation of Trump's victory with Bitcoin. But the main thing is whether Trump will get such positive support in the next election as much as we think? By now, many of us can guess that Harris has more support than Trump. If Trump fails to win, Bitcoin and other coins founded in his name may be fall down. Though it can not effect in bitcoin price permanently but coins directly named after him will be destroyed. That coin can't stand any more.

Bitcoin was not established to serve a party leader or specific political agenda. If someone intentionally biased Bitcoin it would cause more harm than good. It is better to let Bitcoin run freely. It's good for Bitcoin to run at its own pace, regardless of whether Trump or Harris comes to power. When Bitcoin is influenced by a government it may bring good results for a short period of time but it will definitely not bode well for the future. I agree with you that it is better not to put it into US politics.