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Author Topic: Harris Vs Trump - Bitcoin betting on the 2024 US Presidential Election  (Read 11087 times)
KTChampions
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September 20, 2024, 09:40:47 PM
 #1501

Don't trust polls because they are just tools to manipulate the crowd psychology of both parties, not of any party in particular. Also, don't blame any fraud if Trump or Harris loses because that's the nature of politics. To me, a loss is a loss and a win is a win, because there is no guarantee that the Republicans are not cheating. Both sides will cheat and use all kinds of tricks throughout the campaign and during the official election period, but the side with the more sophisticated tricks will win.

I support Trump but I will not defend him if the Republicans do not find a way to deal with his opponent's tricks.

I see you are a fatalist. If you take this approach: let the most cunning of the crooks win, then the winner will always be a crook and never an honest person. This is a very big problem with this approach, don't you think?
As for the polls, yes they are distorted intentionally, but there is also a factor (which played a huge role when Trump won the first time) that people (even answering anonymously) do not say their opinion if it is "socially reprehensible". Trump is demonized all the time, so he still has a few "hidden" percentage points in reserve.

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September 20, 2024, 09:55:33 PM
 #1502


Seems the opponent party don't even want to give up on Trump any time soon, seeing that the only way that they could do to stop Trump is, if they take his life. Today I heard of a rumour about an explosive was discovered somewhere targeted at Trump rally ground, but I really don't know how true this is.
I had a source who predicted that there was gonna be a second assassination attempt on Donald Trump, after that very first one failed, Now the same source said they may target and try to blow up his plane and tag it a technical glitch.

This is no longer funny, how people would become so desperate about power and go extent to try to assassinate their opponent, bad.

It will never be pleasant for someone's life to be attempted , much less for political reasons. I think that if these rumors are real and they really want to kill Trump, then Trump's opponents are real cowards who cannot beat him on his own turf but rather have to resort to the lowest dirty strategies such as eliminating someone, that is very undignified , and I don't think he is making all that up, I don't think he has that need, so it's difficult. I only know that as time goes by at some point the truth of things will be known, and that's all I can say, in the meantime I think everything is very murky.


I see it as the hatred of the people trying to do this and their helplessness to legally confront the candidate, if they were capable of it they would be asking uncomfortable questions at conferences. No, these people instead of adequate ways choose this kind of thing and even risk their lives, it's weird, I wouldn't call this kind of thing patriotism

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September 20, 2024, 09:55:58 PM
 #1503

...

I see you are a fatalist. If you take this approach: let the most cunning of the crooks win, then the winner will always be a crook and never an honest person. This is a very big problem with this approach, don't you think?
As for the polls, yes they are distorted intentionally, but there is also a factor (which played a huge role when Trump won the first time) that people (even answering anonymously) do not say their opinion if it is "socially reprehensible". Trump is demonized all the time, so he still has a few "hidden" percentage points in reserve.

This is quite a complex topic about socially desirable responding because I think you are right that during the first election process, a lot of voices pro Trump kept silent. I think this number of people keeping silent because of possible social reprehension decreased significantly. Trump polarizes and this means people usually a strong opinion either for or against him and they voice that opinion. Again, there were certainly hidden percentage points during his first election, but that number now is significantly smaller than it used to be as people don't as if it is a necessity to keep silent about being pro Trump.

Anyone had a spicy house cat with boiled potatoes for dinner?

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September 20, 2024, 10:43:30 PM
 #1504

We will see that once the election is done. There are priorities that they have to attend first before Bitcoin. But with some other news, Trump is aware of Bitcoin. And with the news[1] that I've seen, he even bought fans burgers with the use of Bitcoin as payment at Bitcoin bar.

[1] Trump Buys Burgers With Bitcoin at NYC Crypto Hangout PubKey
He finally show that he use Bitcoin to buy that to gets more attention from his fan. He show that he can be more friendly with Bitcoin but we don't know what is his agenda IF he elected as the new president.



At the recent Bitcoin conference in Nashville, Trump's intervention was not significant, although the conference itself gained increased attention due to Trump's invitation to it. Many are still convinced that Trump is seeking to gain an electoral base that supports him as a presidential candidate, and I do not think that the crypto community really trusts his promises, no matter how easy they seem to achieve.

From a personal point of view, I believe that the opinion on cryptocurrencies will remain mixed, as some see them as the future of money, while others see them as a bubble or a speculative tool. In the United States in particular, it is unfortunate that the crypto space has turned from an emerging market that promises further development opportunities, into an electoral tool used by politicians according to their narrow interests. I also believe that the position of the Democrats is more transparent and consistent with the party’s policies, which do not trust cryptocurrencies and originally avoid engaging in them, even though this may help them in the electoral campaign to win the presidency.

 
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September 20, 2024, 11:00:08 PM
 #1505

We will see that once the election is done. There are priorities that they have to attend first before Bitcoin. But with some other news, Trump is aware of Bitcoin. And with the news[1] that I've seen, he even bought fans burgers with the use of Bitcoin as payment at Bitcoin bar.

[1] Trump Buys Burgers With Bitcoin at NYC Crypto Hangout PubKey
He finally show that he use Bitcoin to buy that to gets more attention from his fan. He show that he can be more friendly with Bitcoin but we don't know what is his agenda IF he elected as the new president.



At the recent Bitcoin conference in Nashville, Trump's intervention was not significant, although the conference itself gained increased attention due to Trump's invitation to it. Many are still convinced that Trump is seeking to gain an electoral base that supports him as a presidential candidate, and I do not think that the crypto community really trusts his promises, no matter how easy they seem to achieve.

From a personal point of view, I believe that the opinion on cryptocurrencies will remain mixed, as some see them as the future of money, while others see them as a bubble or a speculative tool. In the United States in particular, it is unfortunate that the crypto space has turned from an emerging market that promises further development opportunities, into an electoral tool used by politicians according to their narrow interests. I also believe that the position of the Democrats is more transparent and consistent with the party’s policies, which do not trust cryptocurrencies and originally avoid engaging in them, even though this may help them in the electoral campaign to win the presidency.


I don't buy what any politician says prior to an election.  It's politics 101 just say whatever you think will get ypu the most votes.  I can show you any politician and how they flipped on theor pre election position.  I mean it's nice to hear pro cryptocurremcy from someone in office but take it with a grain of salt.  I think they finally see crypto is not an "if" anymore it's really just a "when" in terms of being part of everyday life.
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September 20, 2024, 11:22:45 PM
 #1506

Trump is using the cryptocurrency trump card very well. He is living up to his name... :) One day he pays with cryptocurrencies, one day he makes positive statements about cryptocurrencies and one day his son announces that he is launching a cryptocurrency project in his name. The information obtained from big data must have told them that this area will increase their votes... Kamala Harris is more cautious on this issue. If I had a negative opinion about cryptocurrencies, I would prefer Kamala Harris' tactic...

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September 21, 2024, 01:25:09 AM
 #1507

Trump is using the cryptocurrency trump card very well. He is living up to his name... Smiley One day he pays with cryptocurrencies, one day he makes positive statements about cryptocurrencies and one day his son announces that he is launching a cryptocurrency project in his name. The information obtained from big data must have told them that this area will increase their votes... Kamala Harris is more cautious on this issue. If I had a negative opinion about cryptocurrencies, I would prefer Kamala Harris' tactic...

He sure is taking advantage of it and playing the NFT field. He raked in so much ETH, smart man. I just found out that a buddy of mine who runs BTMs was in butler at the time of the first assassination attempt and his story was wild & now this weekend Trump is holding a very special dinner for some of the Trump card holders and they can bring one guest. I am hoping that his friend can't make it so I can go in his place XD

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September 21, 2024, 02:50:47 AM
 #1508

As we know, during the election race, politicians use all possible means to achieve their goals of attracting voters. Therefore, we cannot know for sure how the future US president will treat cryptocurrencies after the inauguration, whoever is elected to the post. I certainly have more sympathy for Trump as he, unlike Harris, has been involved with the crypto industry even before this election. The fact that he paid for his burgers in bitcoins is like a cheap trick, but it's better than keeping quiet about cryptocurrencies.
Yes, that is right because they need to gets many votes from people so they will do many things to convince the people. That still a mystery for us to know how the future US president will treats crypto.
Maybe he will make a new policies to crypto but we hopes that the policies can supports crypto so people will not have a problem when they use it. At least, he know what happen to the current situation and he wants to do something to attract more attention.
But we will see how big votes he will receive in the election later so he really need to do many things. I guess he will not stop what he did because he wants to convince people that he will give a change to them.

Trump have been showing this intrest since when he wanted to go for second time and if he should win and the is any meaningful comment made by trump will affect bitcoin price and it will reassure people about trump and even me personally will support trump because of what Biden and Harris were doing she is definitely aware of most of all the things that are currently happening and now that the business is getting real that a lot of exposure is happening, and I have more assurance that trump is going to win this election and am also betting on trump because winning this bet will bring me money this one thing am sure of Harris will not win trump have people attention and couples with the fact with all this assaination attempts that is just what I am failing to understand because it does not happen in my own country so why US.

That is one disadvantage I see about bitcoin that that everything about it is always affected by news or any famous person making negative comments about bitcoin, they it will start affecting the price of bitcoin to depent on news, this is something that have been happening for years and a lot of them have been using this for their advantage, and do will really think bitcoin will be able to break away from this.  But I love the bold step that trump is about to take.
At least, Trump show that he can use Bitcoin regard if he serious to use Bitcoin or not. People will see what Trump do so they will think more to choose who they will give the vote.
I am not place my bet yet because I want to see more things from Trump and Harris. Besides that, I am not have too interest with the election bet because that will have more intrigues that we don't know.
We only know that they are politicians that will to do many things to convince people so people will gives their votes to them. Even they will use something that people doesn't understand clear about that.

At the recent Bitcoin conference in Nashville, Trump's intervention was not significant, although the conference itself gained increased attention due to Trump's invitation to it. Many are still convinced that Trump is seeking to gain an electoral base that supports him as a presidential candidate, and I do not think that the crypto community really trusts his promises, no matter how easy they seem to achieve.

From a personal point of view, I believe that the opinion on cryptocurrencies will remain mixed, as some see them as the future of money, while others see them as a bubble or a speculative tool. In the United States in particular, it is unfortunate that the crypto space has turned from an emerging market that promises further development opportunities, into an electoral tool used by politicians according to their narrow interests. I also believe that the position of the Democrats is more transparent and consistent with the party’s policies, which do not trust cryptocurrencies and originally avoid engaging in them, even though this may help them in the electoral campaign to win the presidency.
We know that politicians can forgets their promises after they elected. That is happen to many politicians and will not be a secret anymore.
We don't know what the new president will do related to crypto. But we sure that crypto will still gain popularity and will be something in the future.
As a crypto user, we should be smart to gives our vote in the election so we can see a change happen into better.

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September 21, 2024, 01:28:20 PM
 #1509

Obviously this isn't a pro-crypto vs anti-crypto, even though Trump fans wants you to believe that it's like that, it is not and Kamala isn't against it and never was and Biden has been quite positive on bitcoin. Look at what he has done so far, it's clear that we are seeing the price going up and it was up during his time too, and that is why I think we are seeing this current situation, it's clear that Kamala and Biden are fine about it.

I think, we are seeing both sides are quite pro-crypto, and while I agree that Biden term also seen a lot of companies got fines, that was usually following the rules and that means they just made companies follow the rules and nothing more that's it. This should be something that would be a fine situation without a big deal at all. In the end we need to focus on just positives and see that both sides are doing fine and that is why I think it's going to be a great situation for the long term and not make any deals.
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September 21, 2024, 03:06:19 PM
 #1510

I see you are a fatalist. If you take this approach: let the most cunning of the crooks win, then the winner will always be a crook and never an honest person. This is a very big problem with this approach, don't you think?
As for the polls, yes they are distorted intentionally, but there is also a factor (which played a huge role when Trump won the first time) that people (even answering anonymously) do not say their opinion if it is "socially reprehensible". Trump is demonized all the time, so he still has a few "hidden" percentage points in reserve.

This is quite a complex topic about socially desirable responding because I think you are right that during the first election process, a lot of voices pro Trump kept silent. I think this number of people keeping silent because of possible social reprehension decreased significantly. Trump polarizes and this means people usually a strong opinion either for or against him and they voice that opinion. Again, there were certainly hidden percentage points during his first election, but that number now is significantly smaller than it used to be as people don't as if it is a necessity to keep silent about being pro Trump.

Anyone had a spicy house cat with boiled potatoes for dinner?

The problem with conducting surveys is not in those who are polarized and openly declare their position, but in the "silent ones" who do not reveal their position. It seems to me that the more polarized the society, the more silent ones - no one wants unnecessary disputes and nitpicking of their opinion. A separate question is which ones are more silent in a polarized society - for Harris or for Trump? I can assume for Trump because Harris represents the ruling party (she is in power herself, in fact) and the majority of people are conformist.

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September 21, 2024, 04:34:40 PM
 #1511

The trick about polls is that if it shows your candidate leading it could lead you to be hyped and more happy to go out to vote because you think that you could win but also it could mean that you see that your candidate is winning so you may feel like you do not even have to vote.

So, it both works and also doesn't work at the same time and not a benefit to anyone who is seen ahead. The one thing about the losing side is that we could see your candidate losing and want to go out to vote because you would want to have your candidate maybe have a chance and you feel like you have to vote, or you could feel like you are already losing and no need to vote since it won't matter too.

So, either way it doesn't matter at all and it is not really something that is good for any candidate. It doesn't have any impact on the election at all if you ask me and that is why we should ignore them. Only thing that matters is the elections itself and everything beforehand is just hype.

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September 21, 2024, 08:31:07 PM
 #1512

...

The problem with conducting surveys is not in those who are polarized and openly declare their position, but in the "silent ones" who do not reveal their position. It seems to me that the more polarized the society, the more silent ones - no one wants unnecessary disputes and nitpicking of their opinion. A separate question is which ones are more silent in a polarized society - for Harris or for Trump? I can assume for Trump because Harris represents the ruling party (she is in power herself, in fact) and the majority of people are conformist.

I get your point, but interestingly I disagree. When a society is strongly polarized, it means that the grey area or the number of people being rather undecided or silent about their opinion decreases, not increases. The stronger the polarization, the clearer the position of the two )or three, four, whatever) camps. The stronger the position of the camps, the louder the voices.

That was my train of thought but maybe you disagree Smiley

You can see in countries all over the world that being right wing was a delicate issue, but now people are saying it loud on camera because they don't care anymore. As more and more people are saying things loudly, others feel encouraged to express their opinions too. I don't know, I don't have any research to back this up, but this how I perceive it.

The issue with Trump is that more and more people start to seriously questioning him despite being a Trump supporter, at least in regards to some issues. But when he is talking about eating cats or dogs, I suspect that some of his supporters prefer to either stay silent or distance themselves from the nonsense he is talking.

.
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September 21, 2024, 11:26:45 PM
 #1513

The trick about polls is that if it shows your candidate leading it could lead you to be hyped and more happy to go out to vote because you think that you could win but also it could mean that you see that your candidate is winning so you may feel like you do not even have to vote.
...
Some people would call it psychological/political warfare, in an election which is going to be very close. That is why I have seen many political commentators on YouTube  (specially on the political left) to their audience, that they all should go outside and vote for Kamala Harris, not matter how she is doing on the polls.
If you have been paying attention to the lastest developments in American politics you should have already realized polls are not an actual representation on how people are going to vote in election day, otherwise we would have seen a red wave in the midterm election, which did not happen and yet, that is what all polls where pointing to.
We as bettors are supposed to take all polls with a grain of salt and only beware of the development of the betting markets, as those have more prediction value than the average poll, in which anyone can say anything without putting their money where their mouth is...

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September 22, 2024, 12:06:22 AM
 #1514


I agree with that bold part. Bitcoin will continue to work on itself and more people will comes to Bitcoin especially if they see the increasing of Bitcoin price.
They will not thinks too long to join with other people because they don't want to miss the chance to make money from Bitcoin. But maybe the new president of the United States can gives a fresh air for Bitcoin and crypto so he/she will support the existence of crypto especially Bitcoin.
The election seems can moves the price to go somewhere but we better to prepare for anything that can happen.

Undoubtedly the part that makes the elections happen is important, of course Bitcoin will continue to be very alive and with many expectations , only that it is an asset that has an impact on the market , either because of its emotions or the degrees of money institutions that impose and that influences a lot , I could say that it is important but not decisive , if the price goes down then it will recover and it is a fact that it will be like that , and if it goes up then congratulations, Bitcoin will always be great despite the government that exists or the world events , it will always be there.

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September 22, 2024, 05:19:31 AM
 #1515


I agree with that bold part. Bitcoin will continue to work on itself and more people will comes to Bitcoin especially if they see the increasing of Bitcoin price.
They will not thinks too long to join with other people because they don't want to miss the chance to make money from Bitcoin. But maybe the new president of the United States can gives a fresh air for Bitcoin and crypto so he/she will support the existence of crypto especially Bitcoin.
The election seems can moves the price to go somewhere but we better to prepare for anything that can happen.
Undoubtedly the part that makes the elections happen is important, of course Bitcoin will continue to be very alive and with many expectations , only that it is an asset that has an impact on the market , either because of its emotions or the degrees of money institutions that impose and that influences a lot , I could say that it is important but not decisive , if the price goes down then it will recover and it is a fact that it will be like that , and if it goes up then congratulations, Bitcoin will always be great despite the government that exists or the world events , it will always be there.
That will not be a problem if Bitcoin has an impact from the events and I think that is normal because right now, people trade by watching what happen to the world especially world economy. If they think that a new regulations is not good for the economy, they will act fast without think about anything and that can makes the market drop for a while.
We can hope that the new president will still gives a support to Bitcoin and make a relevant regulation for Bitcoin so people will not have a problem anymore. No matter who is the president, as long as he can support Bitcoin and crypto, that will be good for the growing of Bitcoin and adoption will still continue.
We just need to focuses with our plan and not thinks much about the events because that can makes us confuse to decides.

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September 22, 2024, 01:27:14 PM
 #1516

The problem with conducting surveys is not in those who are polarized and openly declare their position, but in the "silent ones" who do not reveal their position. It seems to me that the more polarized the society, the more silent ones - no one wants unnecessary disputes and nitpicking of their opinion. A separate question is which ones are more silent in a polarized society - for Harris or for Trump? I can assume for Trump because Harris represents the ruling party (she is in power herself, in fact) and the majority of people are conformist.

I get your point, but interestingly I disagree. When a society is strongly polarized, it means that the grey area or the number of people being rather undecided or silent about their opinion decreases, not increases. The stronger the polarization, the clearer the position of the two )or three, four, whatever) camps. The stronger the position of the camps, the louder the voices.

That was my train of thought but maybe you disagree Smiley

You can see in countries all over the world that being right wing was a delicate issue, but now people are saying it loud on camera because they don't care anymore. As more and more people are saying things loudly, others feel encouraged to express their opinions too. I don't know, I don't have any research to back this up, but this how I perceive it.
~

Let's say 80% of voters have become radicalized (for society, this is already an extremely high level of radicalization), but there are still as many as 20 percent of potential silent ones. Why do you think that this does not create a bias in the relevance of polls, you yourself say that being right was a delicate issue and only recently did they increase their voice.
Even 10% of the remaining 20% ​​is a whole 2% and we have already seen that this is enough to tip the scales one way or the other.

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September 22, 2024, 01:51:31 PM
 #1517

I believe that lying on campaign is not something about just trump or kamala, it's about every politician, both in congress and in senate and every other position and in states and even in history and all over the world in all history.

However, it is not about what they promise, never cared about what a politician offers honestly, it doesn't matter to me what they promise, you may care, but I don't, because a terrible human promising a great thing would mean nothing whereas a good person promising something small is more realistic and something to be happy about. I believe that we are going to see Kamala and Trump battle to come down to that, which one people like, not what their platform is, they are only caring about which one people like the most and that will be deciding factor.
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September 22, 2024, 02:11:34 PM
 #1518

Before I draw a conclusion between Harris vs Trump, of course I have to quote several points about both of them, about the value and future development of Bitcoin.

Quote
Former President Donald Trump told the audience at a cryptocurrency conference in Nashville, Tennessee, over the weekend that he wants to turn the U.S. into the “crypto capital of the planet.”

Quote
It remains difficult to discern exactly where Harris stands on crypto, experts told ABC News.

The Biden administration has been widely perceived as tough on crypto, they noted, citing the federal prosecution of FTX founder Sam Bankman-Fried and cryptocurrency regulations enforced by Gensler. However, experts told ABC News, it isn't clear how closely Harris intends to align herself with Biden on the issue.

Two points above Trump has good value for Bitcoin going forward, Harris is not convinced.

Several sources and the debate between the two candidates between Harris Vs Trump, focused on the economy, Trump reduced taxes while Harris advocated taxes on the rich, This is actually very sensitive for crypto traders in general from some of the debates I saw for both candidates Trump who talked more about crypto.

To answer this question.
what might it be worth in four years time when the election is called?
If the general election in the US had been held and won by Trump I am sure Bitcoin would have fantastic value in the next four years and if Harris wins there is no guarantee for the value of Bitcoin, maybe bitcoin will run itself as the market wills, not potentially better.

R


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September 23, 2024, 04:12:53 AM
 #1519

Trump's only chance to get the lead again on the polls and the surveys will be an economic recession that will cause more than 50% of the voting population to choose the republican than continue with the economic policies of an ally of Biden.
An economic recession within the next few weeks doesn't seem possible to me, but who knows. Time will tell.
Agreed, because the democrats will use everything in their machinery and all of their tactics, maneuverings to manipulate the monetary policy to cause the recession to occur after the election. <...>

Well, for starters, the Fed is going to cut interest rates at next week's meeting and two more rate cuts are expected in the remainder of the year, making an economic crisis more unlikely. Not that this will make it completely impossible for the economy to cool, but it will most likely stimulate the economy.

On these cutting of interest rates. The economic crisis will not occur only on the short term time horizon, however, on the longer term time horizon, this is a certainty and nothing will escape the big dump. It will not be bitcoin, real estate, commodities or stocks. Everything will dump and everyone will begin speculating if their investments will go to zero hehehe. The only asset that we should be holding during the big dump is headshaking. It will be the American dollar heheheeh.

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September 23, 2024, 04:28:55 PM
 #1520

Quote
Former President Donald Trump told the audience at a cryptocurrency conference in Nashville, Tennessee, over the weekend that he wants to turn the U.S. into the “crypto capital of the planet.”

Quote
-cut-
Harris is not convinced.
She has said:
Quote from: Harris
"We will encourage innovative technologies like AI and digital assets, while protecting investors and consumers."
Which already speaks volumes compared to trump's quote, which is so vague that i can't believe how some people are eating that up. What does that even mean? Because to me it sounds like he is pushing his new token. Or more like concept of a token and their dex.

But he has a change to explain how he makes that crypto capital, or just explain cryptos even in eli5 level. But i will bet my everything that he won't. He will just say that he has a perfect plan, and that we wouldn't believe how perfect it is because he is such a normal genius. But no, obviously there's no plan because he doesn't comprehend the concept.

Could be that he is just using this movement to push their upcoming new cash grab token, (or more like concept of a token), which is going to be an obvious scam. Voting polls seem to agree with me, that not the majority or cryptocurrency enthusiasts aren't buying this.

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