Bitcoin Forum

It appears that after having Larry Fink as the new mayor of bitcoin we might have a president of America that will be supporting bitcoin if Trump gets the victory on November hehehe. This is certainly shocking and very unexpected. I did not know bitcoin and the cryptospace would bring him much votes because why is he doing this if this is not a trick for bitcoiners to vote him?

https://i.ibb.co/jRKgWry/E0-EB87-E5-F574-4068-A0-E3-A644-D3-F0-C1-DC.jpg

Former United States President Donald Trump and the leading Republican candidate for November’s election appears to be warming toward Bitcoin  BTC +1.25% , having been critical of cryptocurrencies in the past.

In January, Trump said he'll “never allow” central bank digital currency issuance in the U.S. if elected. “Such a currency would give the federal government, our federal government, absolute control over your money… They could take your money and you wouldn’t even know it was gone,” he warned at the time.

In a recent town hall on Fox News, alongside South Carolina Senator Tim Scott, Trump was asked if the next logical step was for him to embrace Bitcoin, given that it’s decentralized, the government can't get its hands on it and all the young people who are particularly interested in it, host Laura Ingraham suggested.

“I always liked one currency. I call it a currency. I like the dollar, but a lot of people are doing it [Bitcoin] and frankly, it's taken on a life of its own,” Trump replied. “You probably have to do some regulation, as you know, but many people are embracing it. And more and more, I'm seeing people wanting to pay Bitcoin, and you're seeing something that's interesting, so I can live with it one way or the other.”

Read in full https://www.theblock.co/post/278786/donald-trump-bitcoin-embracing

Did you think that Trump will not win the primaries flawlessly? He would have won becuase he is very influential and he was the former United States president. The only obstacle he has in the presidential election is his rival Biden which is the present US president.

The crypto community also commented that he may be looking for vote from crypto community. But be it that, I like that the adoption of bitcoin has proven itself with masses which are now bitcoin holders and the approval of bitcoin ETF in the United States.

politician have mastered the art of manipulating peoples minds whenever they are at the pole and this  might just be a tricky tactics to get the attention of the voting population in the crypto space and i sure know he is achieving the needed  attention. bitcoin adoption has spread across the globe and bitcoin users are mostly youth which are his primary target that will give him the needed vote or help spread his popularity to  other youth that  will help him at the pol so its not something that should be taken seriously.

but its also a two sided win because as long as he has made theses series of statements that suggest that he supports bitcoin adoption, its a plus for the bitcoin community and will surely make other top leaders have a rethink on their stand regarding the adoption of bitcoin in their country

I don't think this is a tactic to help Trump get more clearance votes expressing his positive views in favor of bitcoin. Remember that those in power will do what they feel is in the best interest of the country first, and if things do not get a positive economic balance then it will be a good idea to turn your back on things. It's not surprising that he declared it

But it's really nice that he is expressing a positive opinion on bitcoin, I remember he also expressed before that bitcoin is really harmful to the US economy :) when he was still in office President, maybe that information is wrong but I don't pay too much attention. Because really, with bitcoin, it exists without too much influence on someone's judgment, support/opposition, bitcoin will still exist and develop.

Politicians are really hard to understand they can change everything for their own benefit. Donald Trump may be thinking of a new strategy as Bitcoin continues to spread around the world. Seeing crypto flourish so much may have Donald Trump changing his stance on crypto, selling NFTs and planning more crypto-friendly policies if re-elected. Trump is now personally investing in digital assets and exploring their political power. His latest embrace comes as Republicans make a broad overture to the crypto community, drawing libertarian donors while portraying Democrats as heavy-handed regulators as his chance to win anew.

We need to understand one thing that we should never trust any politician they don't do things without their own benefit. As per the statement I don't think is any sort of acceptance but rather a pure manipulative statement and I think we shouldn't be quick in judging or trusting any politicians as it's all the vote politics and they can do anything for votes.

Majority of government and politicians don't like Bitcoin and crypto, you can understand that from the atrocious regulations laid by Indan government.

Politicians are very cunny and manipulative,he is just trying to seek attention and favour from cryptonians.Maybe he could be thinking that if he tries to support bitcoin and its activities,he's going to get more fame and promote uncountable votes to himself.Politicians can never get tired of enacting false manifestos.
 Even if its for once,his position cannot determine the adoption of bitcoin,with or without his consent bitcoin progresses.

Is being bitcoin/crypto aligned actually a positive factor for these candidates? If anything, at this point being an anti-crypto candidate is still a bigger pull than being pro-crypto.


He doesn't even sound like a pro-bitcoin person with the above quote; more like a bitcoin-neutral person than a pro one.

Trump and everyone else has to accept Bitcoin and understand that how useful it is as compare to traditional currencies. Trump has to admit that Bitcoin is as useful as fiat currencies, in fact it's more useful than fiat. He knows that in order to get more attention from the crowd he should change his stance regarding Bitcoin.

A politician knows well that how and when to say something, so I guess Trump can change his mindset as well his words regarding Bitcoin in future. Although, Trump as we all know is kind of advocate of USD but he'll have to embrace Bitcoin in the end. His accepting of Bitcoin and openly saying some good things about it would help him to secure more votes from all supporters of Bitcoin.

I think it's a calculated political move. He was anti-Bitcoin because he's old and because he was playing on "America First" idea, believing that it presupposes the Dollar First as well. But then, for the upcoming elections, one of his major contestants for the Republican nomination was DeSantis who made Bitcoin a major part of his campaign, linking it to the idea of freedom as minimal state intervention into processes, which is appealing to many Republicans. Now that DeSantis is out of the race, Trump needs to gather his former supporters around him, and making a milder statement about Bitcoin is a way to do it.

@bbc.reporter, I don't believe that his attitude has really changed, but that he is just trying to win as many votes as possible from those voters who have something to do with Bitcoin. I remember that he was very negative when it came to Bitcoin, and that towards the end of his term he tried to push through some crazy measures that were then suspended by the Biden administration.

I honestly consider him a man with dangerous intentions in every respect, and I think that if he becomes president again, it will be bad for most people in the world. The man who called Bitcoin a scam a few years ago still thinks the same, and everything he is talking about now is cheap pre-election propaganda.

Exactly. I'm pretty sure that he's just saying that to get votes. But it also may bring some people into crypto I think. The ones who are not into it now, but believes Trump.

This is true because in Politics, whoever has more people, they always supported by the politicians. the same happens to our countries where they always have some connections in some groups and they always scratch each other's back. Of course, this statement of Trump will have a huge impact on the crypto community in the US and they won't gonna just let this one go since it gives them hope for the better changes of the crypto holders out there. They may be hoping for insight into some regulations that make it easier for miners to operate in that country.  

It only makes sense for him to be a Dollar supporter since he wants to be the president of the United States. What was he gonna do? Badmouth the dollar and support bitcoin? Wouldn't that be treason? I mean the USD is the national currency of the US and he is the ex president. I find his last speech very positive for bitcoin. He is not exactly hating USD and he is not hating BTC too. You can't expect anything better than him. He will never say for example: "Alright, we are going to leave USD and use BTC as our national currency starting from tomorrow." That's not going to happen. It doesn't matter who the president is, Trump or Biden or anybody else. As long as they are not banning crypto, they are supporting it. (Biden or Trump or whoever) That's the only support we need from them. We didn't even need an ETF... Honestly, we were better without an ETF.

I will think and comment the same knowing he will run in the next election. But what Trump said about bitcoin is true ^{("it's taken on a life of its own")}. I bet others (candidates) will say the same sentiments knowing that there is already an ETF approved in the US. Bitcoin will likely be adopted whoever is in the position as long as the country itself doesn't banned it.

For politicians, no matter how small their vote share is, if it has the potential to increase the electability of elections then this will be considered the right object. Even though Trump shows partiality or is open this does not mean that Bitcoin will easily be opened in the US if elected. The policy requires the approval of many parties and the process is very gradual to legalize additional currency where this additional currency cannot be controlled automatically which is very difficult. Because the state needs full control in order to have stability in state treasury revenues. All politicians make Bitcoiner voices their main attraction and embracing all groups needs to be done during the campaign.

However based on my observations Trump could be better than Biden leadership, for some reason Trump figure has charisma and authority in the eyes of other countries.

I am not surprised really because I have always expected it, that the opinions of some top people in government and other powerful individuals will change with time. I am more concerned about their followers, the people who consider them as mentors and the model they look up to, I am concerned for the ones who have followed so blindly the opinions of these people on bitcoins before, and because of that did not invest in bitcoins and lost the opportunity of investing early.

As an educated individual, it should be a personal responsibility to not be misled by even people you consider your mentors, always very any information you get before you accept it.

LOL. Whatever those political leaders say is just to get some attention and possible votes and support from the Bitcoin community. I do not think they speak anything genuinely like Nayib Bukele. I call this as dirty lies. We all know that politicians lie to get votes and it's happened all over the world, Not only in the US. I heard the Trump has a negative point of view about Bitcoin but do you want me to believe that it's changed already? Or it's just another try to get some attention and some support from the Bitcoiners? Maybe yes, maybe not. I am not a USA citizen and I don't know about them well. So, better to just watch peacefully.

Manipulating is the art and skill have for all politician by giving large dreaming when becoming the president, I don't really sure with bitcoin speculation under the era of Donald Trump will get regulation or space in United State. He was former of United State president last edition before losing election campaign from Joe Biden but five years become United State president, Donald Trump never giving announcement or his interested to make bitcoin get more space in United State.

Don't easily believe the promises of politicians, it's just an art or trick they create to get sympathy from the public and it's difficult for anyone in the future who wins and becomes president of their union to make bitcoin as legal currency transaction in the future. Who ever the winner or United State election in several months later I don't sure they have compete to make bitcoin become legal currency transaction.

Having previously called Bitcoin a scam, I was really surprised to hear Donald Trump put out some good words about Bitcoin. My question is what really changed? First, he publicly condemned CBDC and labelled it a surveillance tool and now he's saying he can accept Bitcoin. To be honest, I find hard to believe that his comments are genuine. He's a politician and will always talk like one, he's saying all this to garner support for the forth coming election.

He is a politician and everything that he says is for his benefit. Considering his new statement on Bitcoin does not make him a Bitcoin enthusiast and someone interested in Bitcoin as he is a real estate guy. I think he saying it because of Vivek Ramaswamy as he was one of the big advocates of Bitcoin. I was able to find his vision about Bitcoin and other cryptocurrencies in this article (https://www.coindesk.com/policy/2023/11/16/ramaswamy-shares-crypto-plan-making-him-the-only-gop-candidate-who-has-one/#:~:text=10%20Years%20of%20Decentralizing%20the%20Future&text=Presidential%20hopeful%20Vivek%20Ramaswamy%20has,developers%20and%20unhosted%20digital%20wallets.). We all know why he withdrew from the contest and it is his influence that has prompted Trump to talk about Bitcoin and his vision if he gets elected as a President of the US.

You have to read between the lines when politicians say anything, because it always has some kind of agenda.

His team obviously noticed that a lot more people are now interrested in Bitcoin and that it is a untapped opportunity to get more voters, if they start to support it.  

In the end, whatever they  say now... will change a lot by the time when they win the election.

After PayPal, Stripe etc cut off some Trump related entities from them back in Jan 2021, e.g. unbanked them he should be embracing it.  A censorship resistant form of money helps everyone avoid the fascist authoritarian tendencies of many of the left who want to cut people they disagree with off from the financial system.  

If those types of entities are willing to cut off the President of the United States and a billionaire at that, no one else is safe.

When Trump really wins to be the President of the US, for sure, the US will be relaxed about blockchain technology and other digital currencies like Bitcoin, cryptocurrency, and NFTs. I even remember that Trump bought an NFT that was worth millions of dollars.

It's just that he should get over what Biden did to him again, because in the last election, I don't seem to understand if Trump was cheated by Biden, because when it comes to campaigns, there are always only a few people who show up for Biden, and while Trump was in a rush and then Biden won in a blink of an eye, I hope that doesn't happen again.

ewwwwww. Trump is the most corrupt awful incompetent politician America has ever had. Nobody with any sense of reason or morality supports that terrorist. Him maybe starting to kind of like Bitcoin does absolutely nothing to change absolutely everything else about him. OP, if you don't know anything about Trump please don't post on here like it might be good if he became president again just because he may end up liking bitcoin a little bit.

Anyway, there's a very good chance he'll be spending the rest of his life in prison soon with all the trials going on right now, rather than terrorizing America from the white house. As an American, Trump serving the rest of his life in prison for his many awful crimes against America is the only outcome that would help America regain its standing in the world. Bitcoin will be fine.

I personally wouldn't trust a politician. Looking at the current situation of the primaries, Biden doesn't look like a strong contender against Donald Trump. As of now, Donald is leading with 107 delegates against 91 for Biden. So the chance is very high.

But when it comes to Bitcoin and what Donald trump thinks about it, I wouldn't trust him. It is very well possible for him to manipulate the crowd by showing support towards cryptocurrency. Could be a way to gather the vote from crypto community who are under constant attack from the regulatory agencies in US. Don't jump into conclusion yet. Let's wait and watch.

Like most people on this topic, I don't think I can completely trust what politicians have to say. Because, in my opinion, they frequently change their statements to reflect the opinions of the voters at the time. From his previous remarks, I find it hard to believe that Trump has been showing an interest in bitcoin lately. After all, as a politician, he is constantly changing his statements to fit the narrative and win over support from voters as the election approaches. I believe that one strategy used by politicians worldwide is to influence public opinion through their words and uncertain promises.

In politics, we can hear all kinds of unconventional remarks. There may be politicians who adopt unexpected ideas or not. All of this is vote potential and no one can ignore this vote potential.

Bitcoin has already been embraced and we can see this with the approval of ETFs. Bitcoin is no longer an unknown topic for America. That's why we often hear positive things about Bitcoin from politicians.

When listening to a politician, it is important to understand what he actually wants to say. Sometimes it is hard to see the message, but it is still important to be careful when listening to politicians and analyze their words in detail.

I seriously doubt he even knows what Bitcoin is. His advisers probably told him that it is a buzzword that could potentially get him some votes. Otherwise politicians' stance on Bitcoin, specially in US, is not going to change much. They hate it but they don't want to show it...

Don't get such a hard on for Trump guys, remember that he's a politician and a businessman, he's got a way with his words, you see how he didn't directly addressed bitcoin but mentioned it as a subtopic, a classic politician's tactic of getting out of the question without completely dismissing it. We all need to remember that no matter who we vote, the government is never the friend of bitcoin in the first place, ever in the span of bitcoin, the government will always find ways to antagonize bitcoin if not the people that are using it. Vote wisely and make sure that you're putting the right people in office to run your country.

Everyone loves Bitcoin in his personal views but once he take over a public office his views are according to that office. May be Trump has knowledge of Bitcoin but once he take over the seat of President of USA his views will be according to US government policy. There is little chance that stance of USA government will change about Bitcoin whether president is Trump, Biden or any other person.  

Frankly, I'm not surprised by this news. More and more Bitcoin naysayers are admitting Bitcoin is here to stay (except Jamie Dimon haha). Trump is not stupid, he can see the positive aspects of Bitcoin.

"Election is coming, election is coming and election is coming, how do I win this vote to send out Joe Biden? We need to get every community that we don't like, embrace them with open arms and after we win, we can run after them". This is the concept of politicians and we failed to realize how they used and dump people when they are done.

Trump is one the no zero tolerance with any concept that is after his government and we know bitcoin is all about not giving into th government or any form of centrality. Trump was there 4 years in office and never liked Bitcoin despite when the last bull run was before he left office yet didn't recognize Bitcoin, it's now he think it's perfect time to sweet talk about Bitcoin, let him go and do his campaign fake promises else somewhere where they do the usually lie to convince people to get into office, I wonder if this guys have a shame left before they speak.

Mmm in general I don't like politicians, I don't think that the majority of them have their own country and people as first priority otherwise many things wouldn't be happening. And I'm not American but I'm not sure Trump cares too much about his own country, his legal position is very complicate so becoming president again would hugely help him to get rid of many of his personal problems. And to be honest I don't even understand how he's allowed to run for president due to his current situation and processes.

well if he makes some decent btc laws once he is elected good.

we should know by nov if he wins.

since liz warren is super anti btc maybe he will do it just to fuck with her.

People begin to create news patterns, where there is nothing, that is, They want to direct that news to their north of thoughts.

Then, there is nothing here beyond what the news literally is.

Ah! please!! stop mentioning LF as mayor of bitcoin, he only Seeing a percentage of profit in bitcoin. So, we are only interested in him managing the entries and exits of your ETF well.

Cryptocurrencies in general attract the attention of grifters so it would not be surprising that Trump is beginning to speak more positively about Bitcoin after making millions from his NFT collections. Trump is only pro-Bitcoin as long as it’s possible to make money from shitcoins. It’s no different from Brian Armstrong saying he supports Bitcoin despite Coinbase taking actions that are hostile towards Bitcoin. Armstrong and Trump may not care about Bitcoin but they need it to continue existing and being seen as legitimate by regulators because it enables them to continue promoting their own shitcoinery without much obstruction.

His stance changed about a year ago when he started to pump his Trump Card NFTs. Sure it was on the Ethereum network and not bitcoin but you can’t love one and not the other.

I think his PR probably decided it’s better to be pro bitcoin to get more votes. There are millions of voters which hold crypto and one of their key decisions will be how the next president treats crypto. We don’t want some president that will be anti crypto and try to ban it.

Trump is on a crusade to win back the presidency of the United States, anything he says has as a purpose to gain voters, and even if for some reason this was not true, this is the only way we can interpret his actions as he is in the middle of a campaign.

Trump’s team probably realized there is a set of voters which may like a more liberal stance of the federal government towards bitcoin, and speaking to them in this way may gain him some valuable votes, but do I think Trump has really changed his stance and we may expect some positive news in the case he won? Absolutely not, and if he did I will be surprised it happened.

Trump might not be an honest or sincere person, but he is definitely not dumb, he needs people's vote, and at the very least he wouldn't let the US economic and financial sector to get left behind, because the US is where he can get money and get richer. I am not a US citizen, but if I were, I wouldn't be too excited about this news, it is a good news but even if his policy are more supporting for Bitcoin he and his allies will be the one who get the most benefit.

Do you think that if he is incompetent and greedy, how can he become president of the United States? Do you think Americans are more stupid than you for choosing a greedy, incompetent person as president? Also, have you achieved any more achievements or successes than him that qualify you to judge him? Are you a billionaire, a politician or does no one know about you?

We're just talking about a former president, a presidential candidate changing his mind about bitcoin. Someone who once hated bitcoin is gradually becoming more bitcoin-friendly. That shows that bitcoin is gradually conquering people around the world. As for whether they are good or bad people, there is a law to judge or if we are better than them, otherwise don't rush to judge someone when we are no one.

He is like a fox, he doesn't like Bitcoin but he knows that he needs votes and does everything to attract as many people as possible to win the election. I hope that no one will believe any of his promises because politicians always lie, they tell lots of lies before the election and once they win, they forget what they were telling. He is a crazy man that tasted the power of being president of the United States and now he does everything to gain that power back.

If he is indeed ready to convince us more better then he should be able to share us his investment portfolio in bitcoin, by this then we will know he is been serious about bitcoin, we cannot say something to others to use when we are not practicing the same, he have to first live by example before we can believe in him, secondly, being a former president and that he lost his chance for re-election back into office alone shows he is a failure and don't think he has something to offer new than how he has been used to.

Isn't it curious when he says that he always liked one currency and that's USD but at the same time he wants to win the heart of Bitcoin supporters? I mean, it's contrary, isn't it? He has been constantly saying that Bitcoin is a scam, he didn't like it because it was competing against his favorite USD, it's a shame how he forgets what he said just a few months and years ago and comes up with a different opinion, pretends to have changed mind like it's nothing. I believe that Bitcoin holders are smart enough to understand that this man lies for the sake of winning elections and doesn't care about your privacy and would integrate CBDC tomorrow if he could.

I don't doubt that he knows this very well, because regardless of his character and acting as a classic American cowboy, the fact is that he has a nose for business, otherwise he wouldn't have built such a business empire. In addition, such a character does not tolerate others whispering too much in his ear, so what he recently said about Bitcoin is only the result of someone asking him about it, and not some kind of planned strategy.

I completely agree with the latter, because in the US there is a saying "in God the dollar we believe" and during his first mandate we heard countless times that the US will defend its currency by all means. They (politicians and bankers) don't like Bitcoin, but they don't mind the profit they make with it.

I hope that this will bring even more newbies to our industry

Right. Basically, these leaders make decisions based on what the public wants and what benefits them personally or their party. Trump's stance on Bitcoin might be influenced by a desire for votes and economic gains. So it's worth keeping an eye on how his policies could play out for both the general public and his own interests. Its not wrong to be skeptical

I find the idea of Trump as a Bitcoin 'ally' weird and intriguing. He went from skeptic to begrudging accepter, a remarkable evolution. I never thought he'd lean toward crypto, but here we are, talking how his backing could swing Bitcoin votes.

Peel back the layers. Trump's "one currency" strategy is conventional, but his acknowledgement of Bitcoin's momentum is telling. This shows the adaptability needed in today's fast-changing economy. Is this change genuine or a ploy to win over the crypto community?

Additionally, Trump's regulatory mention resonates. Decentralization is Bitcoin's strength, but Trump's regulatory frameworks may be the way forward.

Trump, despite his age, is a modern man and finds the idea of bitcoin as the modern and future of money. He realises that it is foolish to deny what has already spread around the world. It is better to embrace it and be one of the first than to share a piece of the pie in the future.

Just because he said he would probably accept bitcoin doesn't mean he would accept it as a currency, and he's not the only one with a change of heart on bitcoin. If I remember correctly, Michael Saylor was also the one who called bitcoin a scam before, but now he is the one who holds a lot of bitcoin.

As for whether he lied for his own political purposes or whether it was his sincere words, no one knows. But it is not strange if he has calculation and purpose when making such friendly comments about bitcoin. Like us, does anyone work without receiving a salary, does anyone invest without receiving interest...? Everyone has their own purpose. If bitcoin doesn't bring you profit, doesn't bring you benefits, will you still support it?

In an election year, politicians are very open to most ideas that a presented to them, it doesn't really matter if they don't like it, so far as there's a large number of voters that subscribe to it, they'll just play along until they enter office and completely ignore whatever it is. I'm sure that Donald Trump, has an idea of how he wants to run his government, if he wins, and if Bitcoin is not in it, then he'll just be answering questions related to it politically.

What I know for sure is that Bitcoin has come to stay and it's adoption is increasing everyday, so no matter the personal opinions of world leaders and influencial individuals that doesn't support it, they'll be forced to accept it's popular adoption by the masses. Inasmuch as Bitcoin adoption is driving by the younger generation, it'll eventually get the respect it deserves as a decentralized digital asset.

I thought people generally didn't want to play up any connection between criminal activity and Bitcoin?   ::)

But seriously, he is a criminal.  If you still think of this man as some kind of role model, there's something seriously wrong with you.  Personally I'd rather he stayed the hell away from Bitcoin.  Last thing I'd want is more of his gormless cultists turning up here and dragging the average forum IQ down even further.  Imagine a forum full of BADeckers.

*shudders*

Where's the 'puke smiley' when you need it?  



There's no denying that a lot of people in this world are incredibly dumb.  I'm not saying it's only true of the US.  I live in a nation where people have historically voted against their own interests because they believed the lies they were told.  I'm sure it happens all over.  It's just that Trump supporters are a rather special kind of stupid.  It's ridiculous how they don't see it. 

It's like someone walks up to you in a full clown costume, honks their nose, introduces themselves as "Mr Clown", slaps a pie in your face and yet you still somehow don't recognise they're a clown.   

This is political game, not going to really make any changes or make things better but just to gain attention that he needs for the political campaign. Also Trump is a successful business man so he knows how to make use of some thing that is going but I really appreciate the point about CBDC which no leader have thought about and it's worse than current Fiat system cause once everything is digital and they have a button to reverse any transaction they want without the user's consent then it's really dangerous even to imagine.

it's politics so whichever the benefit politicians can go to that extent to get votes. the quote was cut.  i do think he is aware of what is going on with currencies, CBDC, and crypto since he's been an investor all his life.  in the end, Trump still likes the USD. this is his last conclusion to the question of Laura Ingraham

this is a soft stance to BTC though and Trump already benefited from the NFTs he sold in the past and he even sold his ETH too early from this bull run.

I can understand the skepticsm and I reckon it is correct for the community that we should be skeptical. However, what do you speculate on what might happen after if Trump is elected president? Will he become traitor and join the grandma Elizabeth Warren on her anticrypto campaign or will he do what he has said and he will live with it one way or another?

Politicians are liars and they almost don't keep their promise after they were elected.

Notice that if Donald Trump will be elected as a next President, this will be his last four years as the USA. President. What he is saying can be his words to attract US. citizens and gain support for the next election. He is smart to know that cryptocurrency market is growing and the US. citizens love it so if he shows his stance to against this market, this industry, he will lose a lot of vote.

Elizabeth Warren shown her fear that her position is challenging by John Deaton who is the lawyer helped Ripple won the lawsuit against SEC.

I honestly think that his election as president of the US would be bad for Bitcoin, but also for stablecoins, in which the governments of the world see perhaps even a greater threat to national currencies. Considering how US politicians defend their national currency (which is of course understandable), there should be no doubt what will be the first thing in line when (if) there are problems with the dollar (of course bigger than they are now).

I'm actually more concerned about the impact that Trump will have on some other much more serious things globally, because let's remember that he declared that he would end the war in Ukraine in 24 hours if he becomes president. There are not many options available to him in this matter, and whichever one he chooses can have catastrophic consequences for the whole world.

So here's the thing.. I will admit upfront that I despise this man with every fiber of my being.  Him and Joe Biden are dinosaurs whom shouldn't even be allowed to run for office.  Both are unfit, but that's another story.

We are in campaign season right now, and candidates will say just about anything to get certain sub-population of the nation to be on board with him.  I've heard Trump make all sorts of progressive statement, only to walk them back once in office.  Also, there is bitcoin regulation, not that he would have any sort of clue.  He says one thing now, but will it hold up? History show us, likely not. Also lets be frank, he doesn't understand it one damn bit..just like Warren Buffet, he's old an boomers tend to dislike change on this type of level. 
 

What's way more likely is that his people noticed that his voters tend to view Bitcoin positively, so they told him to start praising Bitcoin. I doubt that he himself understands anything about Bitcoin, since he's pretty old and also, let's be honest, not very bright, especially in the recent years.

Everyone even loves Bitcoin including politicians and Donald Trump, it's just about the profits that can be made, the taxes that will continue to be paid from crypto users. Trump will support what can make him have the most advantages. As for how in the past Trump said that Bitcoin would be a scam, that might change now with the growing development of Bitcoin making him pro towards Bitcoin. He also hopes for support from crypto users to vote for him and that is another goal behind positive words about Bitcoin.

Do you imply that everything he has said on living with it one way or another is only a lie and his administration will continue the crackdown on bitcoin and the cryptospace?

I ask because he also mentioned that he will never allow a CBDC. I reckon if he is lying about his change of stance on bitcoin then he might also be lying about his stance on CBDC. Would you speculate that this implies that he is in reality in support of CBDC?



Donald Trump, currently seeking the Republican presidential nomination, pledged that he would “never allow” a central bank digital currency (CBDC).

Read in full https://www.theblock.co/post/273273/donald-trump-says-hell-never-allow-cbdc-issuance-if-elected

I don't like several things about Trump's personality but overall I prefer his policies to the mummy's. In this particular case too: I prefer a president who says he will not allow CBDCs and expresses a positive attitude to Bitcoin. In general I don't trust politicians and their promises, but if he says this he will surely act better than the one who is already implementing CBDCs.

Trump wants to win the support of the Bitcoin/crypto enthusiasts. He would never say "I plan to ban Bitcoin/crypto" while he is in a campaign.
Several years ago, Trump said that Bitcoin/crypto is made out of thin air and it doesn't have any real value. Should we even trust this guy?
I know that his last presidential mandate(2017-2021) was a great time for Bitcoin, but Trump and the republicans didn't have any role in the growth of Bitcoin. It would be nice, if Trump and the republicans stay neutral towards BTC/crypto, after Trump becomes the new US president.

Politicians will always be politicians and that's the reality, but I like the fact that within the time of him being elected, his massive campaign must have contributed to making more people all over the world know what Bitcoin is and would also cause many to throve in to acquire some for themselves.
Am sure the price of Bitcoin as at then must have almost gotten to the $100k mark or would be in a speculative state and of course more regulatory frame works will be set in place to facilitate more use and adoption by both corporations and businesses of large or small magnitude.

(Donald Trump Back in 2019, when he was president, Trump tweeted that he was "not a fan" of cryptocurrencies, saying they were "not money." And, he reiterated Tuesday: "I always liked one currency ... I like the dollar." Trump has called central bank digital currencies (CBDCs) dangerous and vowed not to allow them if elected.)

This is his statement back in 2019 and what has changed his mind all of a sudden, or a change of heart for sure this is just for his campaign because he now knew that there are many people supporting Cryptocurrency and right now there are many of the positive statement he has for Bitcoin but last time he is objecting the used of it and just because he noticed that the Bitcoin now has a life of its own he is making amends to most people using Bitcoin and other Cryptocurrency, for me and for sure this is just political.


Well there might be something about the change of heart for Trump and I think it is more on the political view side, but there could certainly be a side where he can surely learn about it and many are considering a new Currency, and we all know that Bitcoin back then was called the Currency of the masses, as the transaction doesn't require tax but a certain fee for the miners,  and as you have said he will support it if he will gain certain advantageous things regarding Cryptocurrency.

If you ask me for my personal opinion, then the answer is that he and his administration will be very harsh on Bitcoin, or at least try to be. However, unlike when he was the president for the first time, now in the game with BTC we have very powerful companies like BlackRock and Fidelity, and a very strong crypto mining sector that will lobby together so that there are no strict regulations or maybe even bans.

As for the CBDC, the matter is very clear, if he become the president, he will do everything to prevent this from happening, but he will have the same attitude towards everything he considers to be a threat to the US dollar.

I (and certainly many people) would like to see some third option for president, because Biden is simply too old and senile, and Trump is a man against whom various court proceedings are being conducted and as such he should not have a chance to run at all.

Bitcoin has matured and come to a point that it is a political issue. Accept it, prohibit it will create advantage or disadvantage of a politician's propaganda or a party's propaganda.

Trump just has to accept this fact, join the trend and do something oppositely with Biden administration to gain support from US. citizens especially citizens who love Bitcoin, cryptocurrencies and are investors in this industry.

It is not actually threat for US. dollar but for privacy of US. citizens. Only my thinking, I guess Trump worries about CBDC's power to trace his money flow too. He possibly will care more about himself, before the US. citizens.

I am outside of USA, not their citizen but I feel a little bit that a big nation like them can not have better candidates for an upcoming President Election. Both Biden and Trump are too old already and they need to find other people but fact is this Election will be between two old men.

There are still many speculators circulating and this is still not clear, Trump is also quite obsessed with crypto, if it provides benefits maybe he will support it but if he follows grandmothers Elizabeth and Warren in the anti-crypto campaign, this will be a disaster for crypto in the US. There will be many rules that will apply and it may be completely prohibited. can only see new scenarios coming to pass.

I cannot tell for now if he’s actually true to himself about embracing bitcoin. Politicians may be deceiving with their promises, and they will do everything just to make them real for us. But if what he says about bitcoin is true, surely that will make him the bitcoin community’s favorite. With the unstoppable progress and growth of bitcoin, I guess any president will find it hard to stop his people from embracing bitcoin, and probably that’s his realization as of this moment.

The previous American president might just be acting as a politician and doing what politicians always do with the aim of swaying voters over to their side with promises, but I’d also like to see Mr Donald as a business mogul even as president he made so many industrial revitalizative decisions which helped boost the American economy.
As a business owner he must have noticed the increase in adoption and usage of Btc by the customers of his various businesses that could have prompted such statements from him.

I am not convinced one bit that Trump is actually interested in Bitcoin. We are used to seeing similar tricks from politicians who say lots of interesting stuffs the people want to hear just to impress them and gather votes from them,  it is quite difficult to predict Politicians. Trump knows that the people are obsessed with Bitcoin and he is using that to his advantage.  We are only hoping that he is telling us the truth this time around.  But if he goes back to his old self, I am not perturbed because I know  Bitcoin will still remain unaffected.

Political leaders like control and Trump isn't an exception. One major way of putting the activities of the citizens under check is by controlling their finances. I doubt the possibility of Trump giving the people this freedom of carrying out their financial transactions without third parties interference. I still see this his act of righteousness as a campaign strategy to win more people to his side.

The Governments have no objection on things that are under there control i.e. centralised one. For somehow I don't consider these ETF's as part of decentralised cryptocurrency ecosystem since they provide the governments visibility into what's happening inside.

The real battle of government is with decentralised bitcoin that they can't control or manipulate. That opposition won't be over no matter who hold the office of U.S president.   

News update.

I am skeptical, however, we can be very much quite certain that if you are an American, the cryptospace will less strict regulations under the Trump administration than under the Biden administration. This Biden administration, with democrats grandma Warren, grandma Yellen and uncle Gary, have certainly showed that they do not want the cryptospace on American jurisdiction and they will always be anticrypto.

Trump's speech will be the beginning for the Trump pump.

https://i.ibb.co/ww0X1nd/1-F9-CFAB7-7756-44-A4-8-FEC-EF0-A5-B91-F089.jpg

Donald Trump just cemented crypto as an election issue.

The former US president embraced the industry on Wednesday during at a dinner at his Mar-a-Lago resort for holders of his different NFT collections.

“I’m fine with it,” Trump said in a clip widely shared on X. “I want to make sure it’s good and solid, but I’m good with it. If you like crypto in any form — it comes in a lot of different forms — if you’re in favour of crypto you’d better vote for Trump.”

“If we’re going to embrace it we have to let them be here,” he said in response to a question about crypto firms leaving the US.

Trump said US crypto firms are leaving because of what he called “hostility” from Democrats and Securities and Exchange Commission Chair Gary Gensler.

Source https://www.dlnews.com/articles/people-culture/trump-backs-crypto-in-strongest-terms-yet-im-good-with-it/



This is the speech of Trump where he mentioned that his administration will support the cryptospace.

https://twitter.com/watcherguru/status/1788373884418294072?s=12&t=fx2RmsbaS0qNJTJTdpNu2w

Bitcoin went up 500% under Biden.

Trump promises more chaos, rattled markets, and corruption at the highest levels, including the president having a vested financial interest in various markets to the detriment of others (e.g. Trump blocks Bitcoin so TrumpCoin can explode in price).

The safe bet here is to vote for Biden and the Democrats so Bitcoin can go up another 500%.

That would be very good for Bitcoin though, specially if they start targeting mining and hashrate that has been increasing in USA. If they manage to force out at least some part of that hashrate, it would greatly help decentralization of mining.
It would also reduce the attacks on Bitcoin Principles such as Censorship Resistance (eg. US based MARA pool censoring transactions).

One thing you have to realize about countries with two political parties only is that they always contradict each other because they always want to polarize the society and get part the votes that their competitor doesn't get.

For example if the "blue team" says Bitcoin is bad the "red team" is automatically going to say say Bitcoin is good. They may both think bitcoin is good or think bitcoin is bad but they go against each other just for election purposes.

That's just a trick to lull people into thinking they have a choice and the "system" itself works and there is no need for a regime change. People have to continue believing that the problem is the party currently in office and there is only one alternative and it is the other party and other party alone. And four years is a long time for them to forget why they chose this other party and why in the next election they went back to the first party that they didn't want 4 years ago :)

Yes, that is just a trick of politicians, they are ready to do anything just to get our votes.

Regardless of the purpose, former President Trump's statements will bring extremely good impacts to the market. We all expected a bull season to emerge after the halving and with this news, we have another catalyst to expect a super cycle to emerge soon.

ETF, halving, US election, Fed will soon lower interest rates, the world economy enters a recovery cycle...all of this will create a super cycle for bitcoin.

By the way, I don't live in America and I don't care much about politics there, but honestly, I hope Mr. Trump will be elected. At least under Mr. Trump's term, the world economy will be better than what Biden is creating.

There are two Donald Trumps, and 75% of the time they don't like Bitcoin.

The first Donald is the off-the-cuff Trump where he just speaks his mind w/o consulting anybody. That one doesn't like Bitcoin.

The second Donald is the calculated, do-what-your-handlers-say Trump, which told him to tweet he didn't like Bitcoin at first, but they see a new voter demographic by being pro-Bitcoin, so now they tell him to say he likes it.

He also had those stupid Polygon and now Ordinals NFTs (https://collecttrumpcards.com/). So maybe after getting a cut of those proceeds (or paid for his likeness), he appreciates crypto all the more.

Who knows. He can kind of just say anything at any time, and if you already like him, it won't matter if what he's saying now is a contradiction. For many of his fans, he can do no wrong.


Usually I'm for pumps in any form, but how long before the Trump dump?

You still believe what a politician is saying? There's no way that Trump would ever go for that when he wins in this next election, I'm pretty sure that this is just a standard politician tactic to try and gain more support from people with niche interests, if you have undecided voters, supporting or saying something about their niche interest is probably for the best because that means that you can sway those undecided voters to your side.

It's probably a coincidence, there's other stuff that have been a factor to the growth of bitcoin, if this was true then that means that Xi Jinping also helped in growing the price of bitcoin, which you would probably not agree, you're biased about Biden. Try to stay neutral and look at things in a bigger perspective, you'd see how you might be wrong.

That's all the deluded little narcissist cares about.  His NFTs.  He's getting poorer with every court case and is desperate to claw back some money.  That, and it appeals to his bloated ego that it's all about him and he's the centre of attention.

It's laughable that any of you could believe this sociopath cares about anything other than himself.  He will screw you over the second it suits his interests.  He doesn't like crypto, he's merely obsessed with himself.

Trump has openly kicked against CBDC and about the hostility of the current administration towards cryptocurrency, it looks like he's all in for crypto or a way to garner votes from the crypto community. Whichever, I'd still choose him over Biden because of his personality.

I don't know by what percent Bitcoin went up since Biden took over but it has nothing to do with him being in power. If you're skeptical, wait until it's bear season, then you'd know that Bitcoin surge is seasonal.

Trumpcoin has no affiliation with Donald Trump, it's a memecoin that could have been created by anyone.

It was just an example. Trump will probably invent a new coin, or buy into one that already exists, and use the power of the presidency to pump it while crashing Bitcoin. This is perfectly consistent with how Trump worked the first time he was president.

Trump doesn't care about Bitcoin. He doesn't care about your portfolio. He doesn't care about anything but making himself money.


The safe bet here is to stick with Biden and the Democrats.

I don't see any indication that interest rates are going to be lowered in US or pretty much in most other countries specially in the West. The recent FED announcement was also indicating no plans to lower the rates since the inflation is "sticky".
That means we will continue experiencing deepening recession and that affects bitcoin price negatively.

With the way Biden is screwing up these days, Trump will probably win and there will be a funny days ahead. Specially when he wants to travel abroad as POTUS since he is wanted for an act of terror and he will either be eliminated or "taken" ;)

In any case I agree that the world economy will be better with him though because there is a good chance he will "ostracize" United States more than his previous term and this time speed up the ongoing global dedollarisation which helps the economy of any country that does it in the long run.

This is true but it also holds true for most politicians. They have to be willing to say or do anything to win some votes. They will say "Bitcoin is bad" to some curmugeony union representatives, ensuring that their treasury bonds are secure thanks to the strength of the US dollar, then turn around and say "Bitcoin rocks" to a group of high school students.

At the end of the day, whoever is elected will fall in line with what the Federal Reserve tells them, which will of course be to support the dollar and shit on bitcoin whenever possible.

I want to summarize the opinions about the changes that big businessman Donald Trump has made to the digital currency we care about (Bitcoi) the changes that big businessman Donald Trump has made to the digital currency we care about, The former President has expressed a skeptical view of Bitcoin, calling Bitcoin an "unstable asset." However, I am aware that there may be a rule change behind this establishment. The President wants to explore a new path about Bitcoin. His rumours and statements on social media have raised doubts about his interest in the world of digital money.

According to my research, initially the market expected there would be at least 3 interest rate cuts this year, but with the recent not-so-positive developments in the economy, expectations for interest rate cuts have been reduced to 2. Although the Fed has not given any signal about reducing interest rates, I think this year is an election year so the Fed must at least lower interest rates at least once to stimulate the economy before the election takes place.


I'm also interested in de-dollarization and hope it happens faster because letting one country dominate the world is unpleasant and unfair, a multipolar world would be better for many other countries and the whole world. But what I'm more care about is that the economy will soon recover and trigger a bull season, a super cycle for bitcoin. That's why I support Trump over Biden  ;D ;D.

Why is everyone being bearish merely because a presidential candidate mentioned Bitcoin/crypto? Are you over-thinking this NOW? We have the ETF, and now a presidential candidate is talking about it? It has truly become mainstream now, who cares what kind of person mentioned it. It's a defining moment if you ask me, and the ETF has legitimized Bitcoin as an asset class. VERY BULLISH.

Buy the DIP, and HODL. The critics missed the point.

Right now no one cares, the blacks in the united states are all complaining about Biden, many vowed to never vote for Biden the second time anymore, Trump or anyone else can get there but definitely not Biden.

Who will you vote for anyways? Even when we all know that Trump is trying to make use of this advantage to win the election? I think no way cares, they just want Biden gone and as a matter of fact I want every obstacle in the crypto space gone, so I am against Biden.

Trump saying he will get donations in Cryptocurrency is lit🔥 I don't know why many people don't see this as a big deal, he always talked about nfts, that is dope as f***.

So, this Trump coin is also from Donald Trump himself? Or you only use that as an example? Because, I think it's only just a meme coin and even if not, I still doubt if such personality will create their own crypto. There are CBDC's but I think they are only created by the banks as their name implies (Central Bank Digital Currencies).

I have heard negative things about Trump in the past but I didn't know that it only wasn't limited to that. This makes people to fully decide to not vote Trump but vote someone else instead like Joe Biden and its allied party because not only they have no or only have less issues but they are also friendly to BTC, resulting for us to see a massive increase on its value. 

Just an example. With the power of the presidency, Trump would hardly have to do anything all to drop Bitcoin's price by 90% or more.

Trump wouldn't bother with a CBDC because the US government would own it, not him. In fact, he'd probably be against it because a CBDC would compete with a "Trump Coin" too, conceivably.

I really don't see any political support for a CBDC in the USA from any side, frankly.

I have to say this is still the most absurd thing I've seen that over 300 million Americans are forced to choose between two of the worst presidential candidates that anybody can think of!
If you threw a stone in a crowd you're bound to hit a much better option than these two ;D

There were and still are a lot of speculation about the rate cuts but almost all of them forget two important factors when they speculate: geopolitics and energy prices.

If they reduce rates, the inflation goes up. Although that's good for us because it also helps bitcoin price rise ;)

Another reason is we don't want 2008 events to be repeated where US economy crumbles down and because of that high interconnection and dependence on US economy, the rest of the world is also affected negatively.
The more "decoupled" the world economy gets from US economy the less they'll be affected, when 2008 catastrophe repeats.

The market is bearish because majority of the world's economy has been in recession for the past 2-3 years.
Not to mention the scam market known a "bonds" is sucking all the money from other markets due to its high "interest rates"...

You are right. The way trump works is quite unique but you can definitely tell the agenda behind it. He wants money and power. He would pretend to care about bitcoin and cryptocurrency but only because he wants to earn off of it.
He doesn’t care about bitcoin because he can’t have it. He wants a coin he can control and no matter what he does, he won’t be able to have every bitcoin and control them all.
The US political system is something I find worrisome. There are only two options and it’s not like both of them are your ideal candidates. Whatever the result may be, I want to say goodluck to american citizens already.

Hey, if this man is insane to many, I don't mind. His living in a country where I don't live so I'm not that worried whoever wins that election, one thing that I'm really happy about is the price of bitcoin or just the US government supporting it or staying neutral from it, that's the only thing that matters to me. For now, I feel like that Trump is just trying to led on the people that are into bitcoin as most of them are probably uncertain yet on who they're going to vote, you got to cover your bases after all. One thing that would totally consolidate or increase of support for Trump would probably if he starts buying bitcoins for himself, that's the only way for now, maybe legislations that would benefit or protect the economy but other than that, still on the fence with this man.

Biden still wants to implement a 30% tax bill on bitcoin mining companies, and he recently announced he will not sign and pass the SAB 121 deregulation bill (crypto asset discrimination by SEC and forcing banks to stay away from storing cryptocurrencies). Which mean he is supporting the SEC's crackdown on cryptocurrencies. Do you think the Biden administration is being friendly to bitcoin and helping it grow?
And unrelated to the market, do you see that inflation still shows no signs of decreasing, and wars around the world continue to break out...so many troubles under Biden. What good things is Biden bringing to the world?

I wasn't merely talking about the "market", I was talking about the reactions of the posters in the topic. They absolutely missed the point of what the "support" means. It doesn't matter if it's real, or not. What matters is, Bitcoin has become an unstoppable force. I believe 10 years ago NO ONE would say that there will be a Bitcoin ETF or that a U.S. presidential candidate would mention it publicly during a speech.

If you ask me, it is bullish for the future of Bitcoin whether there's real support or not.

Plus there might be real support?


This is an X post by the CEO of Bitcoin Magazine.

I'm a bit surprised by this, as Trump didn't have a very good opinion on Bitcoin in the past, but everyone can change, look at Saylor. However, it is one thing for him to change his mind, but it is another for him to consider it important enough to take action on day 1. I have heard Trump say what he is going to do on day 1 if he wins and I have not heard him talk about Bitcoin.

He will win this time around, because of miners in the US, they need any form of rescue to keep mining without the weight of 30% tax on their rewards, that is unfair for miners and the solution is voting biden out, also the crack down on crypto itself is too harsh for the people of United states, the numbers of investors from US is huge, this is why Trump decide to take the advantage, to me it is a good one.



Same here, it is a shame that some companies are leaving the US just to survive, and Biden gives no f about them, who does that? I know Trump is a freak in his own style, but if he is standing on the right side of crypto so am I, he is getting my vote.

I don't know if Trump is just using Bitcoin to increase his popularity, or he really changed his stance with regards to Bitcoin knowing that many miners are having a hard time making profit because of that 30% tax.

Second chance? I guess so. I mean we've seen JPMorgan who has been an anti-Bitcoin for a very long time has been involved into a Spot Bitcoin ETF. We've seen some famous businessmen changing their statements with regards to Bitcoin. Well, I guess Trump will surely win on this one. I don't know, but I think there's a huge number of people in the US that are involved with crypto as well so if Trump manage to get those votes, that will be a big one for him, and with how Biden is making his people suffer, they really need a new president.

I just don't like the fact that he's saying anything about NFTs still. Well, just for the sake of votes, he will do everything. :D

Whether it's merely a ruse to get more voters from the community or not, that doesn't matter if you ask me. It's the mere fact that Bitcoin is getting this kind of attention that's making me bullish. This year is a defining moment of legitimizing Bitcoin as an asset class - because of the ETF, because we have a presidential candidate that's considering its importance. It's definitely GOOD, and it would be laughable if people believe it's not.

I remember at least in the past 2 US elections (that's almost ten years) there have been candidates who commented on bitcoin. This time Kennedy was commenting on bitcoin a lot too.

That sounds like they are just paying him for some "stuff" behind curtains ;)
Like the oil giants that are paying him a cool billion to advertise, win and then change the regulations in their favor so that they can f**k the environment and start extracting more oil from restricted areas to make hundreds of billions themselves.

The real question is what's in it for these guys who are paying bribing him a cool hundred mil...

Politicians will use Bitcoin in their propaganda more regularly in future because they see potential of Bitcoin to boost their propaganda to get votes from many citizens who initially are not their fans, supporters.

Politicians are good to say lies and they can just temporarily use Bitcoin to beneficial their political propaganda and we must wait their activities after they get elected.

Kenedy will have no chance to become a next USA. President but votes for him in a next President Election will impact on a race between Biden and Trump for a next President. Because Kenedy does not belong to two big parties so a vote for him means a loss for both Biden and Trump.

Now there is an article to summarize about politicians in USA. who support or anti Bitcoin.
The Bizarre (Sort of) Bipartisanship of the Crypto Congress (https://www.coindesk.com/consensus-magazine/2023/01/25/crypto-policy-regulation-us-congress/)

Nothing new to see here. Trump was a Bitcoin enthusiast in 2016, then he became president and changed his stance to be against Bitcoin (in order to justify a maximalist defensive position of dollar currency). Now that he is looking for the presidency spot once again he adopts the previous stance of endorsing Bitcoin more or less?

Sorry, but if you get fascinated and excited for this kind of news you must be really naive. Trump wants the public to see him as the freedom anti-system warrior, and Bitcoin fits the role he is trying to interpret (for now). It's all about marketing, propaganda and manipulation.

Empty words are a big thing in this modern world, as it seems there aren't negative consequences for those who pronounce them... It's quite the opposite: liars and manipulators get more and more fans each new day.

Presidency is only four years in the USA. and its maximum 8 years if a politician is elected twice. Politicians who want to be the President like Trump can say anything that is helpful for his propaganda to gain trust and get votes from citizens.

When their Presidency is finished, they are done and impacts from their regulations during 4 years or 8 years can last a little bit longer than their Presidency time. Usually we will see the opposite party, the next President from an opposite party, will try to revoke some of policies from precedent President but generally they will again try to do things that are helpful for their political career and their party.

I see even it is temporary changes like 4 years or 8 years, it is still better than countries with absolute dictatorship politics like Russia, North Korea, Cuba.

It doesn't stop there, assuming Mr. Trump is elected and keeps his promise to support and support the development of the cryptocurrency industry. During those 4 years, everyone will have full access and a proper view of bitcoin and cryptocurrency. And in those 4 years, the popularity of bitcoin could grow to such a peak that even if the democratic party comes to power, it will be difficult to change anything once bitcoin is already a part of the people.
The new president can only change policies that are not very effective and do not create as many benefits for the people as previous presidents claimed. They cannot arbitrarily change policies that are effective or recognized by the people.

That doesn't change the fact that Bitcoin is in its defining moment in history now. Because if people actually envisioned that this moment would actually happen, then many of the people who have sold their Bitcoin 10 years ago would never have sold their coins, no?

LOL, they are going to get their $100M ripped off from Trump whether he wins or loses.

If Trump wins, he will be accountable to nobody--just like Putin and Xi are accountable to nobody in their countries. The only reason Trump would help Bitcoin would be if it made himself richer, but he would make far more money trashing Bitcoin in favor of his own personal crypto (or some similar scheme) rather than pumping Bitcoin, most of which he would not own.

Like you know the drill. When Joe Biden was package for the US and the rest of the world, they said the same thing only to triple their hunt on cryptocurrency, they have literally shutdown any mixers from US and ethereum mixers is a living testimony for their tenure.
When Trump was campaigning in 2015, man was so humble and cool not until he assumed office and start talking to anyone mannerlessly with rude, that's when they came against him and now they want to repackage him again, indeed human being are seek and are always moved easily by political choices.


These are empty words for the ticket, trust them at nothing. If I'm from US, my vote will never go to that two political system that has destroyed US more than they couldn't, one is lying that he is going to reduce tax while one is trying to kill investors with taxes. A new candidate is not bad but I don't know why US seems to be interested from Republicans and Democrat.

"more and more, I'm seeing people wanting to pay Bitcoin, and you're seeing something that's interesting, so I can live with it one way or the other".  I mean this is kind of funny coming from someone who's sold a bunch of NFTs, so he's obviously aware of the blockchain.  Not that I think he understands any of it, I just think it's kind of funny when he says "I can live with it".

I'm not sure his "pro" bitcoin stance will really make much of a difference in it's price.

You wanna vouch for a political aspirant that barely has a choice of word? that defamed Bitcoin few years ago - not because he didn't have enough conviction - but because the legislative sector in the US government has a greater influence on his decisions as the president and he fell for it? I wouldn't blame him too much though but it looks to me like he's just out to have some votes from some random bitcoiners.

he's obviously trying to convince people to not worry much about the severe intrusions by the current government, that that's not gonna be the care in his?
Nobody controls decentralization.
Do y'all believe it now? ^{[I just read through and I stumbled on this]}. Bitcoin is slowly becoming a political factor!

Although a surge in price would be very good for our investments, but ser, I believe there will be more important connections than merely price. It's currently recognized as something he can use to win the election, and if he does win, it will be another defining moment for Bitcoin. Legacy OTC desks and trading floors will also use it to make their markets more attractive. Mere marketing or not, they have no choice but to use Bitcoin for their advantage. Because if not, someone else will use it. It's the Bitcoin Invasion. 8)

Maybe don't inter-twine their fates too much, though, yeah?  I don't want peoples' perception of Bitcoin to rely on that skeezy, orange shit-gibbon furthering his own sordid agendas.  He's clearly just being an opportunist.  He doesn't actually care about Bitcoin in the slightest and is merely "riding the coattails".  It's about getting gullible idiots to like the guy.  Don't fall for it.

It's much more likely Trump will panic the markets since he is erratic, corrupt, and it proposing extremely radical change to every aspect of American life based on his written policy statements.

While there's always chance Bitcoin will go up slightly, Trump introduces the risk that it could drop by 90% or more because he and/or his administration figure out how to manipulate the markets in order to make themselves more money, e.g. making Bitcoin illegal and instead pumping a coin that Trump himself owns.

Also note that stopping the millions of abortions in the USA will require a new kind of police state that will dwarf the old "war on drugs", and in that environment they will surely go after things like Bitcoin since it can be used to pay for things the government doesn't want.

Bitcoin went up 500% under Biden. The safe bet here is to stay the course.

Yeah, I was merely making a point. It's already a defining moment that a presidential candidate, loved or hated - no matter who he/she is, has thought or said that "he could live with that", or that "he hears the people's calls". It's an absolutely good development. Bitcoin today is entering uncharted paths, and making its most important journey towards real and actual adoption as an asset class.

Trump surely won't have any problem with it at the moment, As he's trying to avoid offending anyone to secure every possible vote that he can get which fair enough does makes sense. He could genuinely be support mainstream adoption of Bitcoin but it's hard to figure out his true feelings during an election period.

I suppose, theoretically, its good that Orange Man's handlers have convinced him to say things that could be interpreted as "pro bitcoin," but he's hardly the first presidential candidate to do so. A dark horse independent candidate (who has no chance of winning but could swing the outcome in one direction or another, depending on which party he takes more votes from) named Robert F. Kennedy has made it clear he is pro-bitcoin since he entered the race last year.

https://www.axios.com/2024/03/04/rfk-jr-bitcoin-crypto-currency-freedom

Other (former) candidates that revealed their pro-bitcoin-ness before Trump include Vivek Ramaswamy, Ron Desantis and Tulsi Gabbard. Yes its true that Orange Man is more popular than all of them put together.

To be honest at this point we should just never get excited or hopeful when a politician especially a candidate that is running for a position starts talking about bitcoin. In fact we should just never believe any word that comes out of any politician’s mouth.

They will say anything to have you on their side. If bitcoin is no longer serving him, he will drop it as soon as he can.

"Orange Man" made me laugh. - An Orange Coin for an Orange Man. https://cdn.imgchest.com/files/6yxkca3aae7.jpeg

OK, it's not the Orange Man who's the first, although he's the most popular. But you do get the context, no? I don't care if it's the Orange Man, the Old Man, the Iron Man, or the Green Man. I'm merely making a point that after the ETF and solidifying its place as an asset class, it's also having its defining moment in the socio-political sphere.

LOL an Orange coin for an Orange man!

It is definitely headline news for us Bitcoiners ^{I totally missed it from back in February}
I wouldnt put any weight behind the claims by Trump, anything he syas or promises can easily
be rescinded, actually the same goes for any politician when they are on the campaign trail looking
to get elected, they can easily promise the Earth, Moon and Stars but dont necessarily have to
deliver those. So yea we can take "the claims with a pinch of salt"

So Trump finally came down to his senses. Good, because we need as much crypto-friendly politicians in the US as possible. With how fierce the Biden administration has been against the crypto/Blockchain industry, it's likely crypto enthusiasts/supporters will vote for Trump. We're yet to see if this will help him win the White House. The problem would be dealing with SEC chairman Gary Gensler. Especially when his term ends on June 2026. A Republican majority in the Senate will mark the end of Mr. Gensler's career before the aforementioned date.

For what I know, all cards are on the table. Hopefully, America embraces the revolution before it's too late. Who knows what surprises we'll find by Election Day?

What are you talking about? Bitcoin went up 500% under president Biden.

Trump promises radical change to our country and to our economy. His plan to deport 5% of the residents of the USA alone will wreak havoc on our economy. Bitcoin can be used to pay for illegal abortions, so his administration will probably want to shut it down the minute the election is over.

The safe bet here is to stick with Biden and the Democrats.

If there's any sense in the world, Trump will be in jail.  I get that this is a Bitcoin forum, but don't let your passion for BTC blind you to the reality that the man is a criminal and should absolutely be incarcerated.

I understand you suffer from huge Orange Man phobia, but why the hell would someone spend their precious Bitcoin to fund illegal abortions? ???

Why not use cash or XMR?

I've heard tons of stupid arguments from no-coiners, but this probably tops it all!

"No-coiners"? Is that yet another slur you use for somebody who doesn't want Trump for president? And here I thought I heard them all. What does it even mean?

To answer your question, stopping the millions of abortions that occur in the USA every year is going to require a new kind of police state that will dwarf that of the old "war on drugs". They are already talking about stopping people at state borders in order to make sure people aren't trying to get an abortion on the other side of the border.

So anything that the Republicans think people might use to get abortions will be banned. This will certainly include cryptocurrencies.

I have no problem with Biden if not for his strictness with crypto adopters in the United States

I am into mining myself and I know how important is every tinny hashrate you can add up, Biden forcing Bitcoin miners to pay up to 30% tax is not a good calling IMO, I care about Bitcoin miners and this man is trying to make things harder for them.

Upon the profit ratio of mining Bitcoin today, it is almost so unprofitable to mine even with cheap electricity.

Also Biden doesn't seem to have a good mind for crypto, they want to kill it, imagine saying that Bitcoin mining is a threat to the national security of the country? I believe he doesn't know what Bitcoin is, he just wanted it gone, the same agenda that Warren wanted.

I know that Trump is not so pure, but every politicians are dirty, even in my own country, the president right now was once a drug lord and he was never trial or anything, no one is clean to be honest.

But other people should also not lose the actual context of the message. It doesn't matter if Trump wins, loses, will go in jail, or not. Who cares. Joe Biden could say he's anti-Bitcoin and it would be within context to say that Bitcoin is legitimately in its defining moment. It's not about Trump, it's about Bitcoin. Orange Coin doesn't need Orange Man, but Orange Man NEEDS Orange Coin.

Over the past 50 years, the (American) economy has tended to fare better under Democratic presidential leadership. That's just the way it is, no matter which candidate says what, I don't make the rules.

One thing to remember is that bitcoin has only ever existed during a bull market. We could have gone into a mean recession during the covid meltdown of March 2020, but the Federal Reserve just printed money like there was no tomorrow, so a larger recession was avoided.

How bitcoin fares during a bear market remains to be seen.


For bitcoiners, potentially yes. For everyone else, I dunno. I gotta say, as Real 'Merican, its embarrassing that these two old fogies are the best we have to offer for the most powerful position on earth.

Was it because of Biden, or because of the FED's policies and the SEC's approval of spot ETFs? These last two don't have anything to do with President Biden (if I'm not wrong). BTC went to the moon in 2017, and Trump was the sitting president. By that time, former SEC chairman Jay Clayton was in-charge. And he had a much friendlier stance towards crypto/Blockchain tech than current chairman Gary Gensler. Even Elizabeth Warren (a Democrat) is a staunch critic of Bitcoin.

You can see Democrats are more against Bitcoin than Republicans. Under President Biden, regulations towards the crypto industry have become stricter than ever before. Gary Gensler was nominated by Biden himself. And under his command, the SEC has been aggressive against crypto by targeting several crypto exchanges. Even such that some exchanges have closed their doors to US citizens (like Bittrex and Binance). With these facts, I think crypto supporters will feel more inclined to vote for Trump. RFK Jr. is also an alternative, but his chances of winning the election are slim. Only time will tell us the fate of the crypto industry in the USA. :D

Both the chairman of the Fed and the chairman of the SEC were appointed by... President Biden.

Gary Gensler's SEC approved the ETF. He is not anti-Bitcoin. He recently pointed the very true fact that most holders of Bitcoin do so through a financial institution. His interest in making Bitcoin safe to trade for consumers which will ultimately raise the price of Bitcoin because it will reduce the risk of holding it.

Elizabeth Warren proposed taxes on the power taken up by mining. That is a politician looking for a way to raise taxes (from rich people no less), not somebody who is out to get Bitcoin.

Bitcoin went up 500% under president Biden.

Only a fool would vote to radically change the situation under which that happened. Bitcoin holders are going to cut through the politics and go with the safe bet, which is staying the course.

I agree with you that Trump does not love bitcoin, his declaration of support for bitcoin or cryptocurrency is just one of his tricks to win people's hearts and the main purpose is still to get people's votes. But look at what's going on, we only have two options: Biden and Trump. As we have seen, the Biden administration is introducing many policies that are not beneficial to bitcoin and cryptocurrency, they are not very friendly to bitcoin. Meanwhile, Trump is a businessman and if he truly supports and has a more friendly view of bitcoin, if he is elected president, it will clearly benefit bitcoin and cryptocurrency.

We are facing the choice of Biden and Trump, we have no other choice. I know that no politician can be trusted, but we should at least choose someone who benefits us rather than someone who is trying to oppose and prevent the development of bitcoin.

So many gullible members in this thread. That fat idiot must be laughing his ass off thinking how he successfully manipulated so many fools into thinking that he actually gives a damn about the crypto community.

Grow up people! Almost all politicians don't support crypto and the rare few that do support BTC etc have a tough time. Think!

Gary Gensler had no choice but to approve the spot ETFs. He was "cornered" in a wall after Grayscale's victory in court. After the SEC approved Bitcoin spot ETFs, Gary quickly went to advise investors about the risks of investing in such an asset. I'd say he's more skeptical of Bitcoin (and crypto as a whole) than anything else. And Elizabeth Warren has always been a staunch critic of crypto. Everybody knows that. Didn't she imply that bad actors where using the tech to avoid sanctions? She even drafted a bill meant to increase oversight on crypto assets. Talk about a Democrat.

Republicans are much softer towards crypto. You didn't see increased regulatory action against the crypto industry during the past administration (under Trump's leadership). Crypto supporters know who'll they be voting for (either RFK Jr. or Trump). We'll see what will happen after Election Day. :D

Increasing oversight will help the market for Bitcoin because it will make the investment safer. Millions of people have lost $billions on scam crypto projects and crypto brokers, and so forth. Because of that, right now investors must be wary of these investments: because they know it's still the "wild west" when it comes to regulations, meaning people can rip you off and get away with it. This decreases the price of Bitcoin.


You haven't seen anything under Democrats, either. That's why Bitcoin went up 500% under president Biden.

Nobody is "out to get" Bitcoin. I definitely get that some people need that illusion in order to feel "good" about investing in Bitcoin etc., but it's really not true. Bitcoin is perfectly legal in the USA and almost every country in the world. The government isn't trying to kill it. They actually don't care one way or another, except when consumers start getting ripped off from scams.

On the Democrats and the cryptospace, there are people on social media that are beginning to speculate that the Democrats are retreating on their anticrypto agenda. It also appears that this might begin on the approval of the ETF for Ethereum. The decision on approval or rejection will be on May 23.

On uncle Gary's decision, I have predicted that it will be another postponement or a rejection. However, the pump on the market might be telling be that I might be wrong hehehe.

Governments usually don't give a damn about people being scammed. Look at all the regulations they put forth, none of them is to protect users. It is always either to KYC them or to take taxes. In other words governments care about their own pockets and care about their control.

Well, speaking of the Democrat the Republicans hate the most, Elizabeth Warren co-authored a very famous bill in Congress to create the Consumer Financial Protection Bureau (CFPB), which is an entire agency that is dedicated to protecting consumers from fraud. This agency has saved Americans billions of dollars in junk fees, and other things. In the US today, if you get some mysterious fee on your bank statement, you can report it to the CFPB and they will investigate, and potentially fine the bank (and make them stop it).

So maybe governments "usually" don't, but sometimes... they do.

No, stop! Take that back! I have not finished stacking enough sats for the next bull run. Get Jim Cramer to praise BTC right now  ;D

(Seriously though, a "trump pump" would take the bitcoin price to astronomical new levels. Hopefully everyone else has already filled up their bags, because this kind of thing is going to make everyone forget about the FBI warning people about using cryptocurrencies. This thing is waiting for no one.)

Even 3 months later it's still a big deal.

That's a simple manipulation to he favor of crypto lovers ahead of the November Elections. Politicians are psychological experts,  they know practical strategies and wordings to trigger support from the masses, here he is taking advantage of the level of bitcoin adoption in the society.

Looking from another angle, government fights anything which  challenging their authority and as we all know, bitcoin challenged their power over peoples funds, so he is  probably now well convinced that bitcoin is the future of money, so he's now cooperating and accommodating it so him and his government can benefit from it.

@legiteum. It appears that bitcoin and the whole of the cryptospace might pump more than 500% under the Biden administration if he signs the bill that will repeal SAB121. This SAB121 that was imposed by uncle Gary is an accounting rule that would force centralized custodians to include the cryptocoins under their custody as liabilities in their balance sheets. I am not quote certain how difficult this will be on the custodians, however, it appears that they are against this.

The bill to repeal this will be on Biden's desk to be signed and created into law or he might veto this. I reckon this might be a signal if Joe Biden has changed to procrypto or if he continues to be anticrypto. The deadline for this is on May 28.

Today Trump officially announced accepting cryptocurrency donations for his presidential campaign. And some rumors say that the Biden administration is panicking because some Democrats are voting against the SEC and that's why the SEC did a 180-degree turn in approving the ETH ETF. I don't know how Biden will handle this bill, but it seems like they won't continue to fight cryptocurrency if they don't want to be surpassed by their opponents in the upcoming presidential election.

Regardless of who will win the upcoming election, I am pretty sure that cryptocurrencies will be a big part of this presidential race and this will be great for the crypto market.