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

[LUCKMCFLY]

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

Donald Trump is a very intelligent person and was trained under the old school, he is a person who was widely attached to the Stock Market and is a strong investor and believer in the traditional economy, this makes him think that way about BTC, because BTC For him it does not represent a safe or supported asset, and according to his financial education does not allow or does not want to think beyond what he has, something very different from what happens with Robert Kiyosaki who is a financial analyst and of the same training as Donald Trump but with liberal thinking about the economy and accepting the changes that life gives.

[mindrust]

Trump said: “She’s going to do great …"

I am not sure you fully understand what he says there. To me, what that really means is "She is going to do great at making dollars."

NFT's do operate on a blockchain but you do not need to hold lots of coins to benefit from bitcoin or other coins. You can sell apps using ETH and convert the coins into the dollar immediately.

He was the president of the US, it would be weird if said the opposite of what he said because that could be treason. Let's see what Biden says or will say about crypto. I can imagine it is not going to be pretty.

[Obito]

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.

Don't think so, you would be supportive of crypto if you own it or if you're planning to buy when the prices are really low then there's a possibility that you're going to changing sides much more frequently because you secretly own crypto, I don't think that Trump needs to get into crypto, it's not like he already has billions of dollars.

[Mpamaegbu]

Trump has never been a fan of crypto.

I don't know why I keep believing that the body language of Donald Trump towards cryptos is different from what he does in his privacy, just like other wealthy businessmen who also bad mouth Bitcoin in public. For whatever reason(s) he's critical about crypto in public is best known to himself but it won't deceive someone like me into believing that he doesn't own any crypto at all.

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 …"

If his wife (Melanie) owned up in public that she had an NFT and he's in her support, it then shows us his real mindset that he silently hodls some.

[Fortify]

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.

This dribbling bore knows little except to screw over anyone for his own success and benefit. He is clueless about so many topics but likes to act like a know-it-all, just think back to when he was talking about injecting bleach and UV rays directly into the body - he's an absolute clown and it amazes me that millions continued to vote for him. I doubt he knows anything about NFT's that his wife is working on, as it'll just be a little hobby that her distracted while he bangs any prostitute he can and that's good enough for him. Not to disparage the older generations, but this guy is in his 80's and hardly going to be bothered by pioneering new tech unless it can keep him alive longer.

[Zilon]

Trump's response on the former first lady’s non-fungible token (NFT) been his wife's NFT shows a clear picture of how uncomfortable most influential investors are with crypto currency they can't regulate. Trump's fear for Bitcoin is that it's getting more adoption as the day goes by and as more investors are trooping in no government agency is standing in as a middle man or regulator making it even difficult to state who owns what amount of coin

[marilynmanson21]

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

it's true, he doesn't want his wife's efforts to be broken, because the idea of making NFT is not very easy if you want value.
I'm sure if his wife's NFT sells in the market, Trump will definitely start to accept the existence of bitcoin and the benefits of existence if he associates his business with bitcoin.

[Luzin]

it's true, he doesn't want his wife's efforts to be broken, because the idea of making NFT is not very easy if you want value.
I'm sure if his wife's NFT sells in the market, Trump will definitely start to accept the existence of bitcoin and the benefits of existence if he associates his business with bitcoin.

That seems foolish for a former leader of the country. It looks like he is very supportive of his family even though he doesn't like Crypto. Trum seemed to swallow his own saliva even though it seemed like he had to. I believe this proves Trump also has the nature of Nepotism. But at least this news can have a positive impact on the development of crypto in the world.

[tygeade]

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.”

That Donald Trump doesn’t like cryptocurrency doesn’t mean that his wife is not going to be a fan of it, or any other member of his family. Everyone has a different opinion and they are entitled to their own opinion. So, he can be someone who doesn’t like cryptocurrency, and his wife will still be someone who is interested and also making use of it, and that doesn’t mean that he will be able to stop his wife because he doesn’t like it.

So, the answer he gave is not quite wrong in terms of what he thinks about his wife’s NFT, he’s still going to give that same answer that he gave whether in support or not. So you wouldn’t expect him to say that what his wife is doing is not going to be a success.

[SmokerFace]

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.

I don't expect much from trump anyways.
He's very easy to manipulate and somehow this bank hype of bitcoin is bad entered his brain through some external source.

I think he'll change his mind when the majority are accepting crypto and he has to witness that.

[CryptoSable]

Dont' take Trump's words seriously. History has taught us he's not trustworthy. Words come out of his mouth for a reason.
Considering he is a businessman, I guess he has bitcoin in his portfolio already. Maybe soon we'll see him talking highly of crypto, who knows.

[StarKay]

Donald Trump has a right to his opinion about cryptocurrency and so do I, we have different backgrounds and that will give us different perspective.
His wife is now into NFT and he thinks she is doing great, so I don't think DT perspective should bother anyone especially now that he is out of power.

[Imran232]

********************************

This is not the first time, nor is he the first man on the planet, nor is he the first influential person to make a negative statement about bitcoin.Their opinion of us is like they don't know what it is and how powerful it is. And I believe there are lots of people who say bitcoin and crypto are dangerous in front of people, but in secret they are holding large amounts of crypto. It is possible that I directly don't blame them. It is just a thought of mine, just a speculation. So I don't think their negative opinions will have enough effect on this community, and the crypto community doesn't care about any opinion because they know about its power and positive impact too. That's my opinion about any negative opinion. Others' opinions might be different. Thank you.
 

[AakZaki]

Trump began to manipulate, give FUD and buy bitcoins in large quantities, then give a breath of fresh air by saying Bitcoin is gold, Bitcoin is a valuable asset. Trump is a skilled whale. His new venture to make NFT will certainly get a lot of benefits. a market strategy that will benefit Trump and his family.

[wxa7115]

... 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.

I know that some people may think this as being contradictory but it is not, those people do not move by ideals they move by money and if for this they need to apparently contradict themselves so be it, so while Trump has maintained a stance against bitcoin and cryptocurrencies in general he is not above using them in the case he could find a way to profit from them.

So most likely he knows what NFTs are and how they roughly work and yet he does not care as long as himself or one of his family members can obtain some profits with it.

[Kasabus]

Donald Trump has a right to his opinion about cryptocurrency and so do I, we have different backgrounds and that will give us different perspective.
His wife is now into NFT and he thinks she is doing great, so I don't think DT perspective should bother anyone especially now that he is out of power.

Well, everyone has different stand on bitcoin and cryptocurrency and we should not expect for them to be positive on bitcoin as people have their own preference in life. I think as long as dollar is existing, Trump will focus more on it for now but maybe in the near future, he will learn to discover the worth of bitcoin and starts to embrace it. While his wife is already in NFT, and is probably making profits by now. I'm just glad that whatever Trump's stand in life, he still supports his wife engaging in crypto and wish the best for it.

[milewilda]

Donald Trump has a right to his opinion about cryptocurrency and so do I, we have different backgrounds and that will give us different perspective.
His wife is now into NFT and he thinks she is doing great, so I don't think DT perspective should bother anyone especially now that he is out of power.

Well, everyone has different stand on bitcoin and cryptocurrency and we should not expect for them to be positive on bitcoin as people have their own preference in life. I think as long as dollar is existing, Trump will focus more on it for now but maybe in the near future, he will learn to discover the worth of bitcoin and starts to embrace it. While his wife is already in NFT, and is probably making profits by now. I'm just glad that whatever Trump's stand in life, he still supports his wife engaging in crypto and wish the best for it.

As a husband then its likely we would really be supporting our wives when it comes to things that they would deal on.Can you imagine or do able to know on what would happen if ever you would oppose
the interest of your wifes? This doesnt talk about being the most powerful leader in the world but rather talks about being on a typical husband.You could really make out bashes globally towards crypto
but you do know on what position you are when in talks about your wifes interest on things. Do you have the rights to argue on what she do likes? I dont think so. hahaha

[OgNasty]

This situation is one of the more bizarre things going on in crypto right now.  Melania seems to be very obviously making a cash grab, and I doubt she'd do it without Donald's blessing.  I'm sure he was pitched the idea of launching his own NFTs and decided that it was something he didn't want connected to himself, so he had Melania do it.  Maybe if her NFT is a success and nobody complains about it being a scam, Donald will take a look at doing one himself.  It wouldn't surprise me if he uses NFTs to help raise funds for his 2024 election run, which I think would be a pretty good thing for NFT visibility. 

[suzanne5223]

Only naive people will still trust or believe every negative thing the government says or said about cryptocurrency when we have millions of people who quit their job last year and now doing good through cryptocurrency.

Donald Trump has a right to his opinion about cryptocurrency and so do I, we have different backgrounds and that will give us different perspective.
His wife is now into NFT and he thinks she is doing great, so I don't think DT perspective should bother anyone especially now that he is out of power.

Thats one thing about politicians, they are always after something that will benefit them when they are in power and tbh I don't expect anything good from him when it comes to cryptocurrency affairs.
Meanwhile, I don't know his wife is into NFT until now but any reason why he doesn't stop her from participating in NFT?

[Darker45]

Call it hypocrisy or whatever but it seems to me a sly tactic or a veteran move that will somehow assure them that whichever way things go they are benefitting from it one way or another. If there is a battle against fiat and whatever crypto hype there is right now, they better have a stake in both. Although they are heavily staked in USD and may not like crypto, since NFT is already reaching tens of billions of trades, they better get themselves involved in it as well.