Bitcoin sponsors in the White House?!

[HabBear]

Bitcoin Goes to Washington – Trump May Hire More Digital Currency Leaders - Bitcoinist.net
https://apple.news/AVwHS4RTRP0m-YKp4KVFLqw

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

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

Your thoughts?

[xhomerx10]

I wouldn't expect any discussions about Bitcoin in the Whitehouse.  Donald Trump has recently said: “I think that computers have complicated lives very greatly. The whole age of computer has made it where nobody knows exactly what’s going on.”
That being the case, I would imagine any discussion with him about Bitcoin would be unlikely or at best, fruitless.

[unamis76]

Bitcoin sponsors and White House in the same sentence don't go well with each other. People related to Bitcoin working with governments has only one objective, helping with possible regulations, so there's no "sponsorship".

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

[cpfreeplz]

Lol ya I think people just want to believe he's a huge supporter but I doubt he is.

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

Senator Schumer has called Bitcoin “untraceable.”

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

[Yakamoto]

It means we're going to have some good words within the White House for right now, but there is nothing yet to prove that they're going to actually do anything during their time there.

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

[rajasumi3]

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

[HabBear]

For the record, I don't think the US or any developed country will adopt a currency that they don't have full control over.

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

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

[Xester]

We do not know what will be its effects on bitcoin. We still dont know if those advisers will bring more advantages to bitcoin or if Trump will accept their proposals for bitcoin. But one thing for sure Trump coins has increased in value from 7k satoshi to 30k satoshi. Though I dont know what is the actual relation of PResident Trump to trumpcoin but after Trump won the election the coins has increased in value and during his entrance to the white house another price increase happens.

[Juggy777]

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

[veleten]

We do not know what will be its effects on bitcoin. We still dont know if those advisers will bring more advantages to bitcoin or if Trump will accept their proposals for bitcoin. But one thing for sure Trump coins has increased in value from 7k satoshi to 30k satoshi. Though I dont know what is the actual relation of PResident Trump to trumpcoin but after Trump won the election the coins has increased in value and during his entrance to the white house another price increase happens.

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

[Kprawn]

I am always a optimist, when I look at things like this. I would much rather have someone with Bitcoin knowledge and history there, than

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

advice and this might speed up regulation in this regard. 

[Victorycoin]

It means we're going to have some good words within the White House for right now, but there is nothing yet to prove that they're going to actually do anything during their time there.

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

I agree with you, even if no significant move is made in White House to consolidate bitcoin, the presence of people in White House in support of bitcoin no doubt would not fold their hands or close their eyes when a wrong impression or damage is meant for bitcoin,

[iqlimasyadiqa]

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

I even found probably about 10 years bitcoin be accepted fully. we can see that the current bitcoin so real and exist in each of our lives.

[BoXXoB]

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

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

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

[digaran]

BS, totally, we all are bitcoins sponsors and no one can be the figure head or representative of bitcoin except satoshi, and he already has shown his intentions by developing blockchain so everyone could agree on his instances about bitcoin. every body knows presidents are just poppets and real power of making decisions in major policies come from some where else. bitcoin only has one father and everything else is just people using it.

[carlerha]

I wouldn't expect any discussions about Bitcoin in the Whitehouse.  Donald Trump has recently said: “I think that computers have complicated lives very greatly. The whole age of computer has made it where nobody knows exactly what’s going on.”
That being the case, I would imagine any discussion with him about Bitcoin would be unlikely or at best, fruitless.

yes i also  think so. i think they may not be still giving any preference to bitcoin but i think in future we can expect that when the users of bitcoin will increase too much. and they will put pressure on US government to give legal status to bitcoin.

[twodrive01]

Trump has more things to worry about than BTC. He would discuss blockchian over BTC which still isnt bad.

[royalfestus]

What is on the media about an elected president in US doesnt hold water now. Most of his policies are not being welcomed by his associate and I think bitcoin will be the least of his worries. Let's give him time, he learn by the things he goes through.

[Tanic]

Bitcoin sponsors and White House in the same sentence don't go well with each other. People related to Bitcoin working with governments has only one objective, helping with possible regulations, so there's no "sponsorship".

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

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

[BingoDog]

I'm sure that Trump is not interested in bitcoin at all. Maybe this people are bitcoin sponsors but probably have some other functions and roles and the conversation would be about something else. I don't beleive that Trump has will to help bitcoin in any way at all.