Donald Trump Says Crypto Is 'Very Dangerous' ... but ...

[qwertyup23]

If I could get a dollar for every comments, tweet and so one made my Donald trump that k didn't agree to I would have probably been a billionaire by now, Donald trump has never supported or agreed with crypto-currency or liked it in any way so I don't even take any of his comment concerning crypto-currency seriously, I believe he is learned and also has learned people surrounding him but it's clear he has made is a priority not to support crypto-currency or like it in any way.

To be completely honest, I do not think that Trump actually knows anything- like he reads and talks with his mouth rather than his mind. This lead to a series of contradicting claims in which his previous messages do not reflect his current actions. That is also the reason on why most Americans despise him as a President and as an individual also.

Again like you mentioned, I would not trust any of his statements given all the previous records he held. Even with his statement where he considered cryptocurrency as "dangerous", again, I doubt that he has an idea of what he is talking about.

[TheNineClub]

Oh he knows what NFTs are and he knows what crypto is, he may be an irritating fool, but he's not a dumbo fool. He's taking something on the side by lobbying for the usual monetary suspects but also dipping his toes into crypto. But the pressing issue here is not if he knows what crypto is, but rather why are we still asking him his opinion on matters? Do we really care what he thinks?

[Victorik]

Donald Trump is a very controversial figure. So, as a precaution, I wouldn't take what he says very seriously because he has no fact to back up his claims. That you don't feel good about something doesn't necessarily mean that that thing is bad, it may be that your thinking is faulty and based on ignorance. So, I am not bothered about how he feels about crypto, because it is really inconsequential.

[D-law]

Hope y'all follow your hunches and inner thoughts.
Look deep in yourself for guidance about it, if you're too confused to ask a pro.
Every one has got his/her opinion.
Do well to keep abreast with the current trends, technology and techniques, I think cryptocurrency is one of this then.

[Tumanggor]

~

when I first heard about his wife issuing NFT, I was thinking hard whether their relationship is safe, whether her husband doesn't know that NFT is a crypto ecosystem too LOL

these two people are very funny, especially trump who is never funny, hopefully in the future his wife sells NFT which is in the form of a trump duck

[TimeTeller]

Donald Trump is a very controversial figure. So, as a precaution, I wouldn't take what he says very seriously because he has no fact to back up his claims. That you don't feel good about something doesn't necessarily mean that that thing is bad, it may be that your thinking is faulty and based on ignorance. So, I am not bothered about how he feels about crypto, because it is really inconsequential.

In short, he is not the right person to inquire about crypto or be the resource person on this matter.
Maybe, later on, he will realize that NFT-collectibles are using blockchain tech and he may change his mind on this market if Melania's NFT will do great.
Crypto is very dangerous for people who are getting on board without doing any study or research.
If they don't know what they are getting into, for sure, this market can screw up their funds badly.

[TelolettOm]

The world is changing, people are changing, condition maybe also changing.
It is about money and chance.
I personally believe that rich people will not let or miss every condition to earn profits, moreover jigh profits.
We now that Trump may have certain goals when saying bla bla bla..
And now, he will also have certain goals when his wife is going to  create NFT.
And, he may change his opinion, maybe
We know, everyone needs money.
He may not use crypto as a currency because he loves dollar. But we don't know if he loves crypto as investment that can also be turned into dollars again after taking profits. 

[Mahanton]

~

when I first heard about his wife issuing NFT, I was thinking hard whether their relationship is safe, whether her husband doesn't know that NFT is a crypto ecosystem too LOL

these two people are very funny, especially trump who is never funny, hopefully in the future his wife sells NFT which is in the form of a trump duck

Sudden u-turn could be possible and we know that people do really changed on what they had told in the past might turn out to be positive in near future but dont anticipate but there would be some probabilities.
Trump says crypto is dangerous but his wife engaged on NFT which is indeed part of crypto ecosystem. For sure they would be talking about it on their bedroom on why the heck
his wife been dealing with that.

[rodskee]

Sad that it needed for Him to lose the election first before realizing the true Value of cryptocurrencies .

and now that His Wife is getting inside then what can we expect in the following statement of the former president of America?

but this is a good sign of adjusting from a Not so Fan to releasing such good comment now.

Thank you former president .

[michellee]

Out of that, I remember my dad saying to me that if you do not know about something, that can be dangerous for you. But if you want to learn and try to understand that "thing," maybe not be too dangerous for you, which can benefit you someday. Do not see just from the cover but try to see what is inside of that thing so you will know how you can use it for yourself and hopefully, you will get goodness for yourself.

I do not care with others say about crypto because I just thought that they do not know yet about crypto so they said like that. But if they can see the benefit of crypto, I am sure they will try to use it and get the benefit for themselves.

[pooya87]

I'm not sure what the significant of this clown is. He is now just a stain in history and has no significance other than being a "celebrity" with some brainless supporters. The fact that they are trying to scam lots of people through the main scam method in cryptocurrency world known as "token creation" shows the depth of shitiness of NFTs and the fact that the only one term president in history cares more about his pockets than anything else.

[Poker Player]

To me this is yet another example of the saying "if you can't beat 'em, join 'em". We have seen a few examples already in this cycle, of bankers and people from the world of finance who a few years ago were saying that Bitcoin had no future, if not outright saying a scam, and today have turned into Bitcoin believers even giving predictions for the price of Bitcoin at the end of this year much higher than the price we are at now.

And many more that we will continue to see.

[davis196]

Trump also wasn't a very big supporter of the COVID vaccination,but now he is vaccinated and he supports COVID vaccination.
Trump was hating on China and the "Chinese flu",but he was(and probably still is) doing business in China.
What Trump says and what he is doing are two completely different things(sometimes it can be quite the opposite).
I wouldn't be surprised,if he secretly owns cryptocurrencies.
By the way,aren't Trump and Melania separated?

[avikz]

I am sure Trump doesn't know a lot of cryptos and its underlying technology. Otherwise he would have said the same for her wife's NFT platform. I mean it's ok not to like cryptos and be vocal about it. Warren Buffet did it, Jemie Dimon did it and Trump did it as well. Crypto market has now become immune from their comments and we are doing just fine without them.

Trump couldn't stop crypto during his time of presidential privileges and what else he would do now?

[nullama]

"crypto" is very dangerous because it's full of scams.

Bitcoin is a different thing though.

[buwaytress]

To be completely honest, I do not think that Trump actually knows anything- like he reads and talks with his mouth rather than his mind. This lead to a series of contradicting claims in which his previous messages do not reflect his current actions. That is also the reason on why most Americans despise him as a President and as an individual also.

Again like you mentioned, I would not trust any of his statements given all the previous records he held. Even with his statement where he considered cryptocurrency as "dangerous", again, I doubt that he has an idea of what he is talking about.

He's not less knowledgeable than most politicians mouthing off though. I'd at least say with him, you know what you get (what you hear is what you get). Well, not precisely, but his heart is on his lips, so to speak.

But why anyone would think what he or any American says is really going to affect the way we use Bitcoin, I never really get.

P.S. I do think using crypto is dangerous for most people, though probably not in the way this thread discusses.

[Lucius]

I’ve checked the date a few times to make sure this isn’t some old thread, because Donald is as relevant at the moment as the snow that fell last year and melted a long time ago. His reign was from my perspective very satirical and at times comical, and we know that it ended bloodily with unseen scenes of his supporters.

Therefore, his opinion on Bitcoin or cryptocurrencies is completely meaningless, because he is just a businessman trying to make the most of everything - and I don't believe he didn't dip his fingers into crypto, as his wife does. Politicians are great hypocrites, and even greater are those exes who can't regret that they are no longer what they used to be.

We should be more worried about what Biden thinks about everything, but fortunately, he has some much more important problems than dealing with Bitcoin - although I don't believe that his opinion is too different from his predecessor.

[Wind_FURY]

Trump has never been a fan of crypto. In August, he predicted that cryptocurrencies are “a disaster waiting to happen.” In June, he called bitcoin a scam that needs heavy regulation.

He is right, cryptocurrencies ARE a disaster waiting to happen. Satoshi opened a Pandora’s Box, but it’s disaster to the legacy financial system, to the government, and to all those of intend to surpress freedom-loving people like us the plebs. What do we do? Buy the DIP, and?

[NotATether]

I hope that he knows, that NFTs are on crypto blockchains.

He knows, but he's just playing the double-game with reporters. Nothing new here.

[pushups44]

Donald Trump is a product of his generation and times, but as soon as he sees a potential profit from blockchain and NFTs, he will jump right in. Actually, given that he may be strapped for cash, I wouldn't be shocked if he soon releases his own collection.