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

[virasog]

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.

People like Donald Trump or others who are in official positions roles, often say these statements for a purpose. Every one of them completely understands crypto and may also invest in it, but publicly they deny the importance of bitcoin and always say negative statements about bitcoin and cryptocurrencies.

[1715064477]

1715064477

[1715064477]

1715064477

[1715064477]

1715064477

[LangePara]

Trump is/was funny. I miss twitter dude.

[molsewid]

People like Donald Trump or others who are in official positions roles, often say these statements for a purpose. Every one of them completely understands crypto and may also invest in it, but publicly they deny the importance of bitcoin and always say negative statements about bitcoin and cryptocurrencies.

A businessman and politician like Donald Trump is just one of the people who I think will be the one who knows bitcoin or cryptocurrency in the early stages, I would not going to believe on the thought that he might not know about it, since his wife has an NFT project. I also think he just saying crypto is very dangerous is a kind of intentional statement and would like to gain public attention for his political career. However, I think his statement may not matter right now unlike Elon Musk who's his tweets has an impact on the crypto market. 

[MinoRaiola]

Trump says so many things and also likes to change his mind. We know better: in bitcoin we trust.

Now he comes with the Supreme Court. He doesn't want to share the documents related to the attack on the Capitol on 06 january. The lawsuit has already failed and now it goes to the Supreme Court. Many no longer take him seriously. I know there are many Trump fans, for them it looks different. They think he does everything right.

[Hypnosis00]

People like Donald Trump or others who are in official positions roles, often say these statements for a purpose. Every one of them completely understands crypto and may also invest in it, but publicly they deny the importance of bitcoin and always say negative statements about bitcoin and cryptocurrencies.

A businessman and politician like Donald Trump is just one of the people who I think will be the one who knows bitcoin or cryptocurrency in the early stages, I would not going to believe on the thought that he might not know about it, since his wife has an NFT project. I also think he just saying crypto is very dangerous is a kind of intentional statement and would like to gain public attention for his political career. However, I think his statement may not matter right now unlike Elon Musk who's his tweets has an impact on the crypto market. 

He just tried to warn people that crypto is a dangerous investment and it seems right. But I don't believe that he even ignore and not going to invest in Bitcoin. Coz if that he really insist, on being a businessman and a politician that is ridiculous. Even his wife knows about NFT and even going to create her own, which surely receives support from his husband and he knows for sure that it involves blockchain and crypto.

[bekti3]

He is indeed still very vocal when he talks about bitcoin and the reason is still the same as at the beginning because he still thinks that bitcoin will make the dollar weaken.
On the other hand, talking about NFT, I think he already knows because it's impossible that he doesn't know but there is a reason because it's impossible for him to drop a product created by his family even though he doesn't like it but that doesn't mean he has the right to ban others.
and he already understands business more than others I think

That's a little bit surprising to see all those republicans afraid of Bitcoin just because it could harm their national currency, the US Dollar. If they are true liberals why are they afraid about an innovation? Bitcoin will only weaken USD if it is stronger than it. That's it.

the reason is very simple, namely crypto, especially bitcoin, still cannot be regulated by the government in this case means the US financial system. he was very vocal in saying that the world's currency should be dollar-oriented and indeed bitcoin is one that cannot be regulated that's why he hates it so much.
i like his patriotic style who stays cool with his stance but on the other hand he will only be considered a passing wind when talking about crypto

[hatshepsut93]

Trumps hold no power and it's unclear if he'll even have a chance of becoming the president again, so for now it's completely irrelevant what he things, since he is incompetent in everything, including economics and monetary policy.

Trump was either lobbied by someone to take a stance against crypto, or he just saw it as some image of an enemy that could be used to rally more people for him.

[Lizzylove1]

Donald Trump I believe secretly own some bitcoin, you are anti-crypto, but your wife wants to make money from NFT and you say "it will be great" . We understand the direction of the pendulum already. I personally respect and love Trump but the master is wrong his postion about cyptocurrency.

[mm2543363580]

Donald Trump I believe secretly own some bitcoin, you are anti-crypto, but your wife wants to make money from NFT and you say "it will be great" . We understand the direction of the pendulum already. I personally respect and love Trump but the master is wrong his postion about cyptocurrency.

What trump was referring is about decentralized bitcoin while his wife has launched something on centralized system, we need to understand that difference first. As a crypto enthusiastic I am fully aware of the fact that governments all around the world are in no favor of crypto and this trump statement is not something new.

[pooya87]

Trump is/was funny. I miss twitter dude.

I kinda miss the clown's tweets too. And I'm sure a lot of others are missing those too specially since he used to spill secret and top secret documents in his tweets damaging national security

[Leviathan.007]

Talking about Donald Trump or any other old rich man who got his money using the old and fiat financial system, they all believe the asset like bitcoin is worthless and got no value because it's not something that got its own value like gold, in short words they do not understand the technology and they should not they even like something like bitcoin when they got rich using the fiat money, so that's completely normal, however, some of them are spreading bad speaks against bitcoin but they are investing on it for themselves. On the other hand, Melania is his wife but she git her own personality and it's not surprising to see she got a different opinion regarding bitcoin and cryptocurrencies.

[FORMO5]

Trump is/was funny. I miss twitter dude.

I kinda miss the clown's tweets too. And I'm sure a lot of others are missing those too specially since he used to spill secret and top secret documents in his tweets damaging national security

Didn't do much, but sure talked shit well.

[coupable]

But who still hear from this mad guy !?
For a greedy capitalist, decentralized technologies can be considered as a threat to his powers and authorities. And as the world is moving forward to adopt the technology, Mr Trump is still using popularism to evade the image again, now in the form of a stupid futurist.
At least, he announced his opinion for public, while govs and legislators work behind the scenes to reduce the damage brought by blockchain technology (cryptocurrencies in particular) over their businesses.

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

I don't think so 
Melanie lunched a centralized project for the simple reason to generate some extra profits.

[Botnake]

Talking about Donald Trump or any other old rich man who got his money using the old and fiat financial system, they all believe the asset like bitcoin is worthless and got no value because it's not something that got its own value like gold, in short words they do not understand the technology and they should not they even like something like bitcoin when they got rich using the fiat money, so that's completely normal, however, some of them are spreading bad speaks against bitcoin but they are investing on it for themselves. On the other hand, Melania is his wife but she git her own personality and it's not surprising to see she got a different opinion regarding bitcoin and cryptocurrencies.

Donald Trump has always been negative to bitcoin and crypto since he can't control it even when he was still in his power. And he never sees its worth and very high value because his focus was on accumulating huge amount of dollars, when in fact bitcoin has definitely a higher value than fiat.

However, with his wife's stand on NFT, if she will not be influenced with her own husband, then she will definitely succeed in the future. I just hope Donald Trump will be aware soon that NFT is part of blockchain.

[carlfebz2]

Talking about Donald Trump or any other old rich man who got his money using the old and fiat financial system, they all believe the asset like bitcoin is worthless and got no value because it's not something that got its own value like gold, in short words they do not understand the technology and they should not they even like something like bitcoin when they got rich using the fiat money, so that's completely normal, however, some of them are spreading bad speaks against bitcoin but they are investing on it for themselves. On the other hand, Melania is his wife but she git her own personality and it's not surprising to see she got a different opinion regarding bitcoin and cryptocurrencies.

Donald Trump has always been negative to bitcoin and crypto since he can't control it even when he was still in his power. And he never sees its worth and very high value because his focus was on accumulating huge amount of dollars, when in fact bitcoin has definitely a higher value than fiat.

However, with his wife's stand on NFT, if she will not be influenced with her own husband, then she will definitely succeed in the future. I just hope Donald Trump will be aware soon that NFT is part of blockchain.

Success isnt guaranteed for his wife even if he do deal with NFT because it all matters with the demand and if that one lacks of that then for sure his wife wont really making significant progress or improvement.

They do have their own decisions but we know that Wife's decision would always prevail or would be followed and as husbands then we cant do anything about it but to agree on what they've been dealing with.

Trump is never been positive with crypto or Bitcoin itself which we should not really put up any attention.

[ChiBitCTy]

Here's the truth and if anyone ever tells you any different they're wrong or lying... DONALD TRUMP HAS NO CLUE HOW BITCOIN OR CRYPTOCURRENCY WORKS!.  The guy is not the sharpest tool in the shed to begin with, let alone does he have an educated opinion on bitcoin.  He say's he doesn't like it because he doesn't understand it, just like Warren Buffet.  This is the epitome of ignorance, making statements about something you don't understand.

Trump is/was funny. I miss twitter dude.

I kinda miss the clown's tweets too. And I'm sure a lot of others are missing those too specially since he used to spill secret and top secret documents in his tweets damaging national security

I miss him saying stupid shit a little bit, since it's entertaining to watch this moron make a fool of himself 

[Vaculin]

But who still hear from this mad guy !?
For a greedy capitalist, decentralized technologies can be considered as a threat to his powers and authorities. And as the world is moving forward to adopt the technology, Mr Trump is still using popularism to evade the image again, now in the form of a stupid futurist.
At least, he announced his opinion for public, while govs and legislators work behind the scenes to reduce the damage brought by blockchain technology (cryptocurrencies in particular) over their businesses.

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

I don't think so 
Melanie lunched a centralized project for the simple reason to generate some extra profits.

Donald Trump's wife i guess creates better thinking than his husband because seeing she's involved in NFTs, then she must know already what the world is up to the present. And sooner, she'll be investing in bitcoin as  its the most profitable investment at the present.

However, Donald Trump will always give his trust to dollar or fiat as he doesn't know anything about crypto and its potentials to create huge profits in the future.

[AicecreaME]

A week ago: https://news.bitcoin.com/donald-trump-crypto-very-dangerous-warns-of-explosion/

Donald Trump commented on cryptocurrency ... in an interview with Maria Bartiromo over the [last] weekend:
“What do you think about crypto?” Trump was asked. Bartiromo noted that “New York and Miami are really getting cryptocurrency into their financial systems.” The former U.S. president reiterated his anti-crypto stance: “Well, I never loved it because I like to have the dollar. I think the currency should be the dollar so I was never a big fan. But it’s spilling up bigger and bigger, and nobody is doing anything about it.”

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.


... but ...


Melania Trump announced the launch of her own NFT platform as well as her first NFT “Melania’s Vision”. The platform is based on Solana ...   source
https://melaniatrump.com/nft

And Trump was also asked about the former first lady’s non-fungible token (NFT) endeavor: Commenting on his wife’s NFT plans, Trump said: “She’s going to do great …"

 

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

Trump has been used to using dollars and he's grown up with it. I believe he has experienced the great things that come with using dollars, hence, he has a big trust on it and continues to uplift it despite all of the inflation that has been happening. Maybe because he thinks that inflation is normal and shouldn't really be afraid from as long as the leaders know how to manage well. However, you see it isn't always the case. In which the reason why there is high inflation that is beyond normal from the usual rate which makes the value of dollar depreciate over time. I guess this is one of the sensitive topics he just can't fathom to tackle about because he is so fixated about the power of dollar.

Trump saying bad things about bitcoin or crypto in general is actually not news. It has been reported several times already about how he disgusts the idea of cryptocurrency stating that it is a dangerous thing to do, as if other things done related to money don't possess risks at all. It's just ironic to hear though now that he is supporting his wife's NFT which is clearly anchored also in cryptocurrency. I don't know if he don't really know that NFTs belong to crypto world or he agrees and supports it suddenly because it will benefit him and his wife. Who knows right? Maybe he already has a portfolio in crypto and just don't let the public know because of his previous stance. Either way, they are the only ones to know. I'll just hope he'll just keep his mouth shut if there would be no educational or sensible things he would say about the community.

[Juse14]

Donald Trump I believe secretly own some bitcoin, you are anti-crypto, but your wife wants to make money from NFT and you say "it will be great" . We understand the direction of the pendulum already. I personally respect and love Trump but the master is wrong his postion about cyptocurrency.

I'm interested in what you have to say. Trump could have had some bitcoins. And that's an assumption that could be true, because we don't know what Trump is doing.
And if that's true, what is Trump really thinking?
Dangerous cryptocurrencies, if you don't own them? Is that so 😁

[coinism]

Trumps hold no power and it's unclear if he'll even have a chance of becoming the president again, so for now it's completely irrelevant what he things, since he is incompetent in everything, including economics and monetary policy.

Trump was either lobbied by someone to take a stance against crypto, or he just saw it as some image of an enemy that could be used to rally more people for him.

There is surely no chance for this clown to become president again. But what he said about bitcoin is stance of US govt on bitcoin and I am very sure same stance will be taken by current president or the next after current. What Melania Trump is doing is totally in her personal capacity, as deep down in there heart everyone knows how beneficial crypto is.