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Author Topic: Donald Trump's stance on Bitcoin is changing  (Read 649 times)
bbc.reporter (OP)
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February 25, 2024, 09:30:56 AM
 #1

It appears that after having Larry Fink as the new mayor of bitcoin we might have a president of America that will be supporting bitcoin if Trump gets the victory on November hehehe. This is certainly shocking and very unexpected. I did not know bitcoin and the cryptospace would bring him much votes because why is he doing this if this is not a trick for bitcoiners to vote him?



Former United States President Donald Trump and the leading Republican candidate for November’s election appears to be warming toward Bitcoin  BTC +1.25% , having been critical of cryptocurrencies in the past.

In January, Trump said he'll “never allow” central bank digital currency issuance in the U.S. if elected. “Such a currency would give the federal government, our federal government, absolute control over your money… They could take your money and you wouldn’t even know it was gone,” he warned at the time.

In a recent town hall on Fox News, alongside South Carolina Senator Tim Scott, Trump was asked if the next logical step was for him to embrace Bitcoin, given that it’s decentralized, the government can't get its hands on it and all the young people who are particularly interested in it, host Laura Ingraham suggested.

“I always liked one currency. I call it a currency. I like the dollar, but a lot of people are doing it [Bitcoin] and frankly, it's taken on a life of its own,” Trump replied. “You probably have to do some regulation, as you know, but many people are embracing it. And more and more, I'm seeing people wanting to pay Bitcoin, and you're seeing something that's interesting, so I can live with it one way or the other.”


Read in full https://www.theblock.co/post/278786/donald-trump-bitcoin-embracing

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February 25, 2024, 09:37:50 AM
 #2

Did you think that Trump will not win the primaries flawlessly? He would have won becuase he is very influential and he was the former United States president. The only obstacle he has in the presidential election is his rival Biden which is the present US president.

The crypto community also commented that he may be looking for vote from crypto community. But be it that, I like that the adoption of bitcoin has proven itself with masses which are now bitcoin holders and the approval of bitcoin ETF in the United States.

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February 25, 2024, 09:57:54 AM
 #3

politician have mastered the art of manipulating peoples minds whenever they are at the pole and this  might just be a tricky tactics to get the attention of the voting population in the crypto space and i sure know he is achieving the needed  attention. bitcoin adoption has spread across the globe and bitcoin users are mostly youth which are his primary target that will give him the needed vote or help spread his popularity to  other youth that  will help him at the pol so its not something that should be taken seriously.

but its also a two sided win because as long as he has made theses series of statements that suggest that he supports bitcoin adoption, its a plus for the bitcoin community and will surely make other top leaders have a rethink on their stand regarding the adoption of bitcoin in their country

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February 25, 2024, 10:25:56 AM
 #4

It appears that after having Larry Fink as the new mayor of bitcoin we might have a president of America that will be supporting bitcoin if Trump gets the victory on November hehehe. This is certainly shocking and very unexpected. I did not know bitcoin and the cryptospace would bring him much votes because why is he doing this if this is not a trick for bitcoiners to vote him?

I don't think this is a tactic to help Trump get more clearance votes expressing his positive views in favor of bitcoin. Remember that those in power will do what they feel is in the best interest of the country first, and if things do not get a positive economic balance then it will be a good idea to turn your back on things. It's not surprising that he declared it

But it's really nice that he is expressing a positive opinion on bitcoin, I remember he also expressed before that bitcoin is really harmful to the US economy Smiley when he was still in office President, maybe that information is wrong but I don't pay too much attention. Because really, with bitcoin, it exists without too much influence on someone's judgment, support/opposition, bitcoin will still exist and develop.









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February 25, 2024, 10:28:32 AM
Merited by AirtelBuzz (3), philipma1957 (2)
 #5

Politicians are really hard to understand they can change everything for their own benefit. Donald Trump may be thinking of a new strategy as Bitcoin continues to spread around the world. Seeing crypto flourish so much may have Donald Trump changing his stance on crypto, selling NFTs and planning more crypto-friendly policies if re-elected. Trump is now personally investing in digital assets and exploring their political power. His latest embrace comes as Republicans make a broad overture to the crypto community, drawing libertarian donors while portraying Democrats as heavy-handed regulators as his chance to win anew.

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February 25, 2024, 10:33:16 AM
 #6

We need to understand one thing that we should never trust any politician they don't do things without their own benefit. As per the statement I don't think is any sort of acceptance but rather a pure manipulative statement and I think we shouldn't be quick in judging or trusting any politicians as it's all the vote politics and they can do anything for votes.

Majority of government and politicians don't like Bitcoin and crypto, you can understand that from the atrocious regulations laid by Indan government.









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February 25, 2024, 11:01:51 AM
 #7

Politicians are really hard to understand they can change everything for their own benefit. Donald Trump may be thinking of a new strategy as Bitcoin continues to spread around the world. Seeing crypto flourish so much may have Donald Trump changing his stance on crypto, selling NFTs and planning more crypto-friendly policies if re-elected. Trump is now personally investing in digital assets and exploring their political power. His latest embrace comes as Republicans make a broad overture to the crypto community, drawing libertarian donors while portraying Democrats as heavy-handed regulators as his chance to win anew.
Politicians are very cunny and manipulative,he is just trying to seek attention and favour from cryptonians.Maybe he could be thinking that if he tries to support bitcoin and its activities,he's going to get more fame and promote uncountable votes to himself.Politicians can never get tired of enacting false manifestos.
 Even if its for once,his position cannot determine the adoption of bitcoin,with or without his consent bitcoin progresses.

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February 25, 2024, 11:13:35 AM
 #8

politician have mastered the art of manipulating peoples minds whenever they are at the pole and this  might just be a tricky tactics to get the attention of the voting population in the crypto space and i sure know he is achieving the needed  attention. bitcoin adoption has spread across the globe and bitcoin users are mostly youth which are his primary target that will give him the needed vote or help spread his popularity to  other youth that  will help him at the pol so its not something that should be taken seriously.
Is being bitcoin/crypto aligned actually a positive factor for these candidates? If anything, at this point being an anti-crypto candidate is still a bigger pull than being pro-crypto.


but its also a two sided win because as long as he has made theses series of statements that suggest that he supports bitcoin adoption, its a plus for the bitcoin community and will surely make other top leaders have a rethink on their stand regarding the adoption of bitcoin in their country
He doesn't even sound like a pro-bitcoin person with the above quote; more like a bitcoin-neutral person than a pro one.

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February 25, 2024, 11:20:39 AM
 #9

Trump and everyone else has to accept Bitcoin and understand that how useful it is as compare to traditional currencies. Trump has to admit that Bitcoin is as useful as fiat currencies, in fact it's more useful than fiat. He knows that in order to get more attention from the crowd he should change his stance regarding Bitcoin.

A politician knows well that how and when to say something, so I guess Trump can change his mindset as well his words regarding Bitcoin in future. Although, Trump as we all know is kind of advocate of USD but he'll have to embrace Bitcoin in the end. His accepting of Bitcoin and openly saying some good things about it would help him to secure more votes from all supporters of Bitcoin.

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February 25, 2024, 11:24:18 AM
Merited by philipma1957 (2)
 #10

I think it's a calculated political move. He was anti-Bitcoin because he's old and because he was playing on "America First" idea, believing that it presupposes the Dollar First as well. But then, for the upcoming elections, one of his major contestants for the Republican nomination was DeSantis who made Bitcoin a major part of his campaign, linking it to the idea of freedom as minimal state intervention into processes, which is appealing to many Republicans. Now that DeSantis is out of the race, Trump needs to gather his former supporters around him, and making a milder statement about Bitcoin is a way to do it.

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February 25, 2024, 11:26:02 AM
 #11

@bbc.reporter, I don't believe that his attitude has really changed, but that he is just trying to win as many votes as possible from those voters who have something to do with Bitcoin. I remember that he was very negative when it came to Bitcoin, and that towards the end of his term he tried to push through some crazy measures that were then suspended by the Biden administration.

I honestly consider him a man with dangerous intentions in every respect, and I think that if he becomes president again, it will be bad for most people in the world. The man who called Bitcoin a scam a few years ago still thinks the same, and everything he is talking about now is cheap pre-election propaganda.

The former US president told Fox Business' Stuart Varney: "Bitcoin, it just seems like a scam. I was surprised — you know, with us, it was at $6,000 and, much lower. I don't like it because it's another currency competing against the dollar, essentially it's a currency competing against the dollar." Trump also said that the currency of the world should be the US dollar and called for regulations on bitcoin. "I don't think we should have all of the bitcoins in the world out there. I think they should regulate them very very high, but the currency should be the dollar," he said.

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February 25, 2024, 11:26:59 AM
 #12

We need to understand one thing that we should never trust any politician they don't do things without their own benefit. As per the statement I don't think is any sort of acceptance but rather a pure manipulative statement and I think we shouldn't be quick in judging or trusting any politicians as it's all the vote politics and they can do anything for votes.

Majority of government and politicians don't like Bitcoin and crypto, you can understand that from the atrocious regulations laid by Indan government.

Exactly. I'm pretty sure that he's just saying that to get votes. But it also may bring some people into crypto I think. The ones who are not into it now, but believes Trump.
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February 25, 2024, 11:33:48 AM
 #13

We need to understand one thing that we should never trust any politician they don't do things without their own benefit. As per the statement I don't think is any sort of acceptance but rather a pure manipulative statement and I think we shouldn't be quick in judging or trusting any politicians as it's all the vote politics and they can do anything for votes.

Majority of government and politicians don't like Bitcoin and crypto, you can understand that from the atrocious regulations laid by Indan government.

This is true because in Politics, whoever has more people, they always supported by the politicians. the same happens to our countries where they always have some connections in some groups and they always scratch each other's back. Of course, this statement of Trump will have a huge impact on the crypto community in the US and they won't gonna just let this one go since it gives them hope for the better changes of the crypto holders out there. They may be hoping for insight into some regulations that make it easier for miners to operate in that country.  

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February 25, 2024, 11:34:54 AM
 #14

It only makes sense for him to be a Dollar supporter since he wants to be the president of the United States. What was he gonna do? Badmouth the dollar and support bitcoin? Wouldn't that be treason? I mean the USD is the national currency of the US and he is the ex president. I find his last speech very positive for bitcoin. He is not exactly hating USD and he is not hating BTC too. You can't expect anything better than him. He will never say for example: "Alright, we are going to leave USD and use BTC as our national currency starting from tomorrow." That's not going to happen. It doesn't matter who the president is, Trump or Biden or anybody else. As long as they are not banning crypto, they are supporting it. (Biden or Trump or whoever) That's the only support we need from them. We didn't even need an ETF... Honestly, we were better without an ETF.

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February 25, 2024, 11:49:01 AM
 #15

The crypto community also commented that he may be looking for vote from crypto community. But be it that, I like that the adoption of bitcoin has proven itself with masses which are now bitcoin holders and the approval of bitcoin ETF in the United States.
I will think and comment the same knowing he will run in the next election. But what Trump said about bitcoin is true ("it's taken on a life of its own"). I bet others (candidates) will say the same sentiments knowing that there is already an ETF approved in the US. Bitcoin will likely be adopted whoever is in the position as long as the country itself doesn't banned it.

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February 25, 2024, 11:57:58 AM
 #16

Did you think that Trump will not win the primaries flawlessly? He would have won becuase he is very influential and he was the former United States president. The only obstacle he has in the presidential election is his rival Biden which is the present US president.

The crypto community also commented that he may be looking for vote from crypto community. But be it that, I like that the adoption of bitcoin has proven itself with masses which are now bitcoin holders and the approval of bitcoin ETF in the United States.
For politicians, no matter how small their vote share is, if it has the potential to increase the electability of elections then this will be considered the right object. Even though Trump shows partiality or is open this does not mean that Bitcoin will easily be opened in the US if elected. The policy requires the approval of many parties and the process is very gradual to legalize additional currency where this additional currency cannot be controlled automatically which is very difficult. Because the state needs full control in order to have stability in state treasury revenues. All politicians make Bitcoiner voices their main attraction and embracing all groups needs to be done during the campaign.

However based on my observations Trump could be better than Biden leadership, for some reason Trump figure has charisma and authority in the eyes of other countries.

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February 25, 2024, 12:00:53 PM
 #17

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I am not surprised really because I have always expected it, that the opinions of some top people in government and other powerful individuals will change with time. I am more concerned about their followers, the people who consider them as mentors and the model they look up to, I am concerned for the ones who have followed so blindly the opinions of these people on bitcoins before, and because of that did not invest in bitcoins and lost the opportunity of investing early.

As an educated individual, it should be a personal responsibility to not be misled by even people you consider your mentors, always very any information you get before you accept it.

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February 25, 2024, 12:05:25 PM
 #18

LOL. Whatever those political leaders say is just to get some attention and possible votes and support from the Bitcoin community. I do not think they speak anything genuinely like Nayib Bukele. I call this as dirty lies. We all know that politicians lie to get votes and it's happened all over the world, Not only in the US. I heard the Trump has a negative point of view about Bitcoin but do you want me to believe that it's changed already? Or it's just another try to get some attention and some support from the Bitcoiners? Maybe yes, maybe not. I am not a USA citizen and I don't know about them well. So, better to just watch peacefully.
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February 25, 2024, 12:08:31 PM
 #19

politician have mastered the art of manipulating peoples minds whenever they are at the pole and this  might just be a tricky tactics to get the attention of the voting population in the crypto space and i sure know he is achieving the needed  attention. bitcoin adoption has spread across the globe and bitcoin users are mostly youth which are his primary target that will give him the needed vote or help spread his popularity to  other youth that  will help him at the pol so its not something that should be taken seriously.

but its also a two sided win because as long as he has made theses series of statements that suggest that he supports bitcoin adoption, its a plus for the bitcoin community and will surely make other top leaders have a rethink on their stand regarding the adoption of bitcoin in their country
Manipulating is the art and skill have for all politician by giving large dreaming when becoming the president, I don't really sure with bitcoin speculation under the era of Donald Trump will get regulation or space in United State. He was former of United State president last edition before losing election campaign from Joe Biden but five years become United State president, Donald Trump never giving announcement or his interested to make bitcoin get more space in United State.

Don't easily believe the promises of politicians, it's just an art or trick they create to get sympathy from the public and it's difficult for anyone in the future who wins and becomes president of their union to make bitcoin as legal currency transaction in the future. Who ever the winner or United State election in several months later I don't sure they have compete to make bitcoin become legal currency transaction.

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February 25, 2024, 12:10:34 PM
 #20

Having previously called Bitcoin a scam, I was really surprised to hear Donald Trump put out some good words about Bitcoin. My question is what really changed? First, he publicly condemned CBDC and labelled it a surveillance tool and now he's saying he can accept Bitcoin. To be honest, I find hard to believe that his comments are genuine. He's a politician and will always talk like one, he's saying all this to garner support for the forth coming election.

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February 25, 2024, 12:31:16 PM
 #21

He is a politician and everything that he says is for his benefit. Considering his new statement on Bitcoin does not make him a Bitcoin enthusiast and someone interested in Bitcoin as he is a real estate guy. I think he saying it because of Vivek Ramaswamy as he was one of the big advocates of Bitcoin. I was able to find his vision about Bitcoin and other cryptocurrencies in this article. We all know why he withdrew from the contest and it is his influence that has prompted Trump to talk about Bitcoin and his vision if he gets elected as a President of the US.

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February 25, 2024, 01:08:40 PM
 #22

You have to read between the lines when politicians say anything, because it always has some kind of agenda.

His team obviously noticed that a lot more people are now interrested in Bitcoin and that it is a untapped opportunity to get more voters, if they start to support it.  

In the end, whatever they  say now... will change a lot by the time when they win the election.

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February 25, 2024, 01:15:12 PM
 #23

After PayPal, Stripe etc cut off some Trump related entities from them back in Jan 2021, e.g. unbanked them he should be embracing it.  A censorship resistant form of money helps everyone avoid the fascist authoritarian tendencies of many of the left who want to cut people they disagree with off from the financial system.  

If those types of entities are willing to cut off the President of the United States and a billionaire at that, no one else is safe.
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February 25, 2024, 01:46:15 PM
 #24

Did you think that Trump will not win the primaries flawlessly? He would have won becuase he is very influential and he was the former United States president. The only obstacle he has in the presidential election is his rival Biden which is the present US president.

The crypto community also commented that he may be looking for vote from crypto community. But be it that, I like that the adoption of bitcoin has proven itself with masses which are now bitcoin holders and the approval of bitcoin ETF in the United States.

When Trump really wins to be the President of the US, for sure, the US will be relaxed about blockchain technology and other digital currencies like Bitcoin, cryptocurrency, and NFTs. I even remember that Trump bought an NFT that was worth millions of dollars.

It's just that he should get over what Biden did to him again, because in the last election, I don't seem to understand if Trump was cheated by Biden, because when it comes to campaigns, there are always only a few people who show up for Biden, and while Trump was in a rush and then Biden won in a blink of an eye, I hope that doesn't happen again.



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February 25, 2024, 02:15:09 PM
 #25

ewwwwww. Trump is the most corrupt awful incompetent politician America has ever had. Nobody with any sense of reason or morality supports that terrorist. Him maybe starting to kind of like Bitcoin does absolutely nothing to change absolutely everything else about him. OP, if you don't know anything about Trump please don't post on here like it might be good if he became president again just because he may end up liking bitcoin a little bit.

Anyway, there's a very good chance he'll be spending the rest of his life in prison soon with all the trials going on right now, rather than terrorizing America from the white house. As an American, Trump serving the rest of his life in prison for his many awful crimes against America is the only outcome that would help America regain its standing in the world. Bitcoin will be fine.
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February 25, 2024, 02:18:28 PM
 #26

I personally wouldn't trust a politician. Looking at the current situation of the primaries, Biden doesn't look like a strong contender against Donald Trump. As of now, Donald is leading with 107 delegates against 91 for Biden. So the chance is very high.

But when it comes to Bitcoin and what Donald trump thinks about it, I wouldn't trust him. It is very well possible for him to manipulate the crowd by showing support towards cryptocurrency. Could be a way to gather the vote from crypto community who are under constant attack from the regulatory agencies in US. Don't jump into conclusion yet. Let's wait and watch.

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February 25, 2024, 02:53:33 PM
 #27

Like most people on this topic, I don't think I can completely trust what politicians have to say. Because, in my opinion, they frequently change their statements to reflect the opinions of the voters at the time. From his previous remarks, I find it hard to believe that Trump has been showing an interest in bitcoin lately. After all, as a politician, he is constantly changing his statements to fit the narrative and win over support from voters as the election approaches. I believe that one strategy used by politicians worldwide is to influence public opinion through their words and uncertain promises.

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February 25, 2024, 03:38:56 PM
 #28

It appears that after having Larry Fink as the new mayor of bitcoin we might have a president of America that will be supporting bitcoin if Trump gets the victory on November hehehe. This is certainly shocking and very unexpected. I did not know bitcoin and the cryptospace would bring him much votes because why is he doing this if this is not a trick for bitcoiners to vote him?

In politics, we can hear all kinds of unconventional remarks. There may be politicians who adopt unexpected ideas or not. All of this is vote potential and no one can ignore this vote potential.

Bitcoin has already been embraced and we can see this with the approval of ETFs. Bitcoin is no longer an unknown topic for America. That's why we often hear positive things about Bitcoin from politicians.

When listening to a politician, it is important to understand what he actually wants to say. Sometimes it is hard to see the message, but it is still important to be careful when listening to politicians and analyze their words in detail.

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February 25, 2024, 03:57:51 PM
 #29

I seriously doubt he even knows what Bitcoin is. His advisers probably told him that it is a buzzword that could potentially get him some votes. Otherwise politicians' stance on Bitcoin, specially in US, is not going to change much. They hate it but they don't want to show it...

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February 25, 2024, 04:07:14 PM
 #30

Don't get such a hard on for Trump guys, remember that he's a politician and a businessman, he's got a way with his words, you see how he didn't directly addressed bitcoin but mentioned it as a subtopic, a classic politician's tactic of getting out of the question without completely dismissing it. We all need to remember that no matter who we vote, the government is never the friend of bitcoin in the first place, ever in the span of bitcoin, the government will always find ways to antagonize bitcoin if not the people that are using it. Vote wisely and make sure that you're putting the right people in office to run your country.

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February 25, 2024, 04:07:25 PM
Merited by pooya87 (2)
 #31

I seriously doubt he even knows what Bitcoin is. His advisers probably told him that it is a buzzword that could potentially get him some votes. Otherwise politicians' stance on Bitcoin, specially in US, is not going to change much. They hate it but they don't want to show it...

Everyone loves Bitcoin in his personal views but once he take over a public office his views are according to that office. May be Trump has knowledge of Bitcoin but once he take over the seat of President of USA his views will be according to US government policy. There is little chance that stance of USA government will change about Bitcoin whether president is Trump, Biden or any other person.  
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February 25, 2024, 04:47:31 PM
 #32

It appears that after having Larry Fink as the new mayor of bitcoin we might have a president of America that will be supporting bitcoin if Trump gets the victory on November hehehe. This is certainly shocking and very unexpected. I did not know bitcoin and the cryptospace would bring him much votes because why is he doing this if this is not a trick for bitcoiners to vote him?



Former United States President Donald Trump and the leading Republican candidate for November’s election appears to be warming toward Bitcoin  BTC +1.25% , having been critical of cryptocurrencies in the past.

In January, Trump said he'll “never allow” central bank digital currency issuance in the U.S. if elected. “Such a currency would give the federal government, our federal government, absolute control over your money… They could take your money and you wouldn’t even know it was gone,” he warned at the time.

In a recent town hall on Fox News, alongside South Carolina Senator Tim Scott, Trump was asked if the next logical step was for him to embrace Bitcoin, given that it’s decentralized, the government can't get its hands on it and all the young people who are particularly interested in it, host Laura Ingraham suggested.

“I always liked one currency. I call it a currency. I like the dollar, but a lot of people are doing it [Bitcoin] and frankly, it's taken on a life of its own,” Trump replied. “You probably have to do some regulation, as you know, but many people are embracing it. And more and more, I'm seeing people wanting to pay Bitcoin, and you're seeing something that's interesting, so I can live with it one way or the other.”


Read in full https://www.theblock.co/post/278786/donald-trump-bitcoin-embracing

Frankly, I'm not surprised by this news. More and more Bitcoin naysayers are admitting Bitcoin is here to stay (except Jamie Dimon haha). Trump is not stupid, he can see the positive aspects of Bitcoin.
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February 25, 2024, 06:12:27 PM
 #33


“I always liked one currency. I call it a currency. I like the dollar, but a lot of people are doing it [Bitcoin] and frankly, it's taken on a life of its own,” Trump replied. “You probably have to do some regulation, as you know, but many people are embracing it. And more and more, I'm seeing people wanting to pay Bitcoin, and you're seeing something that's interesting, so I can live with it one way or the other.”[/i]

Read in full https://www.theblock.co/post/278786/donald-trump-bitcoin-embracing

"Election is coming, election is coming and election is coming, how do I win this vote to send out Joe Biden? We need to get every community that we don't like, embrace them with open arms and after we win, we can run after them". This is the concept of politicians and we failed to realize how they used and dump people when they are done.

Trump is one the no zero tolerance with any concept that is after his government and we know bitcoin is all about not giving into th government or any form of centrality. Trump was there 4 years in office and never liked Bitcoin despite when the last bull run was before he left office yet didn't recognize Bitcoin, it's now he think it's perfect time to sweet talk about Bitcoin, let him go and do his campaign fake promises else somewhere where they do the usually lie to convince people to get into office, I wonder if this guys have a shame left before they speak.

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February 25, 2024, 08:41:45 PM
 #34

It appears that after having Larry Fink as the new mayor of bitcoin we might have a president of America that will be supporting bitcoin if Trump gets the victory on November hehehe. This is certainly shocking and very unexpected. I did not know bitcoin and the cryptospace would bring him much votes because why is he doing this if this is not a trick for bitcoiners to vote him?
I don't think this is a tactic to help Trump get more clearance votes expressing his positive views in favor of bitcoin. Remember that those in power will do what they feel is in the best interest of the country first, and if things do not get a positive economic balance then it will be a good idea to turn your back on things. It's not surprising that he declared it
Mmm in general I don't like politicians, I don't think that the majority of them have their own country and people as first priority otherwise many things wouldn't be happening. And I'm not American but I'm not sure Trump cares too much about his own country, his legal position is very complicate so becoming president again would hugely help him to get rid of many of his personal problems. And to be honest I don't even understand how he's allowed to run for president due to his current situation and processes.

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February 25, 2024, 09:04:32 PM
 #35

I think it's a calculated political move. He was anti-Bitcoin because he's old and because he was playing on "America First" idea, believing that it presupposes the Dollar First as well. But then, for the upcoming elections, one of his major contestants for the Republican nomination was DeSantis who made Bitcoin a major part of his campaign, linking it to the idea of freedom as minimal state intervention into processes, which is appealing to many Republicans. Now that DeSantis is out of the race, Trump needs to gather his former supporters around him, and making a milder statement about Bitcoin is a way to do it.

well if he makes some decent btc laws once he is elected good.

we should know by nov if he wins.

since liz warren is super anti btc maybe he will do it just to fuck with her.

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February 25, 2024, 10:01:33 PM
 #36

People begin to create news patterns, where there is nothing, that is, They want to direct that news to their north of thoughts.

Then, there is nothing here beyond what the news literally is.

Ah! please!! stop mentioning LF as mayor of bitcoin, he only Seeing a percentage of profit in bitcoin. So, we are only interested in him managing the entries and exits of your ETF well.

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February 26, 2024, 04:17:20 AM
 #37

Cryptocurrencies in general attract the attention of grifters so it would not be surprising that Trump is beginning to speak more positively about Bitcoin after making millions from his NFT collections. Trump is only pro-Bitcoin as long as it’s possible to make money from shitcoins. It’s no different from Brian Armstrong saying he supports Bitcoin despite Coinbase taking actions that are hostile towards Bitcoin. Armstrong and Trump may not care about Bitcoin but they need it to continue existing and being seen as legitimate by regulators because it enables them to continue promoting their own shitcoinery without much obstruction.

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February 26, 2024, 05:03:34 AM
 #38

His stance changed about a year ago when he started to pump his Trump Card NFTs. Sure it was on the Ethereum network and not bitcoin but you can’t love one and not the other.

I think his PR probably decided it’s better to be pro bitcoin to get more votes. There are millions of voters which hold crypto and one of their key decisions will be how the next president treats crypto. We don’t want some president that will be anti crypto and try to ban it.

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February 26, 2024, 07:39:39 AM
 #39

I don't think this is a tactic to help Trump get more clearance votes expressing his positive views in favor of bitcoin. Remember that those in power will do what they feel is in the best interest of the country first, and if things do not get a positive economic balance then it will be a good idea to turn your back on things. It's not surprising that he declared it

But it's really nice that he is expressing a positive opinion on bitcoin, I remember he also expressed before that bitcoin is really harmful to the US economy Smiley when he was still in office President, maybe that information is wrong but I don't pay too much attention. Because really, with bitcoin, it exists without too much influence on someone's judgment, support/opposition, bitcoin will still exist and develop.
Trump is on a crusade to win back the presidency of the United States, anything he says has as a purpose to gain voters, and even if for some reason this was not true, this is the only way we can interpret his actions as he is in the middle of a campaign.

Trump’s team probably realized there is a set of voters which may like a more liberal stance of the federal government towards bitcoin, and speaking to them in this way may gain him some valuable votes, but do I think Trump has really changed his stance and we may expect some positive news in the case he won? Absolutely not, and if he did I will be surprised it happened.

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February 26, 2024, 08:02:50 AM
 #40

Trump might not be an honest or sincere person, but he is definitely not dumb, he needs people's vote, and at the very least he wouldn't let the US economic and financial sector to get left behind, because the US is where he can get money and get richer. I am not a US citizen, but if I were, I wouldn't be too excited about this news, it is a good news but even if his policy are more supporting for Bitcoin he and his allies will be the one who get the most benefit.

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February 26, 2024, 08:12:33 AM
 #41

ewwwwww. Trump is the most corrupt awful incompetent politician America has ever had. Nobody with any sense of reason or morality supports that terrorist. Him maybe starting to kind of like Bitcoin does absolutely nothing to change absolutely everything else about him. OP, if you don't know anything about Trump please don't post on here like it might be good if he became president again just because he may end up liking bitcoin a little bit.

Anyway, there's a very good chance he'll be spending the rest of his life in prison soon with all the trials going on right now, rather than terrorizing America from the white house. As an American, Trump serving the rest of his life in prison for his many awful crimes against America is the only outcome that would help America regain its standing in the world. Bitcoin will be fine.

Do you think that if he is incompetent and greedy, how can he become president of the United States? Do you think Americans are more stupid than you for choosing a greedy, incompetent person as president? Also, have you achieved any more achievements or successes than him that qualify you to judge him? Are you a billionaire, a politician or does no one know about you?

We're just talking about a former president, a presidential candidate changing his mind about bitcoin. Someone who once hated bitcoin is gradually becoming more bitcoin-friendly. That shows that bitcoin is gradually conquering people around the world. As for whether they are good or bad people, there is a law to judge or if we are better than them, otherwise don't rush to judge someone when we are no one.

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February 26, 2024, 09:03:13 AM
 #42

Having previously called Bitcoin a scam, I was really surprised to hear Donald Trump put out some good words about Bitcoin. My question is what really changed? First, he publicly condemned CBDC and labelled it a surveillance tool and now he's saying he can accept Bitcoin. To be honest, I find hard to believe that his comments are genuine. He's a politician and will always talk like one, he's saying all this to garner support for the forth coming election.
He is like a fox, he doesn't like Bitcoin but he knows that he needs votes and does everything to attract as many people as possible to win the election. I hope that no one will believe any of his promises because politicians always lie, they tell lots of lies before the election and once they win, they forget what they were telling. He is a crazy man that tasted the power of being president of the United States and now he does everything to gain that power back.

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February 26, 2024, 10:54:48 AM
 #43

Having previously called Bitcoin a scam, I was really surprised to hear Donald Trump put out some good words about Bitcoin. My question is what really changed? First, he publicly condemned CBDC and labelled it a surveillance tool and now he's saying he can accept Bitcoin. To be honest, I find hard to believe that his comments are genuine. He's a politician and will always talk like one, he's saying all this to garner support for the forth coming election.
He is like a fox, he doesn't like Bitcoin but he knows that he needs votes and does everything to attract as many people as possible to win the election. I hope that no one will believe any of his promises because politicians always lie, they tell lots of lies before the election and once they win, they forget what they were telling. He is a crazy man that tasted the power of being president of the United States and now he does everything to gain that power back.

If he is indeed ready to convince us more better then he should be able to share us his investment portfolio in bitcoin, by this then we will know he is been serious about bitcoin, we cannot say something to others to use when we are not practicing the same, he have to first live by example before we can believe in him, secondly, being a former president and that he lost his chance for re-election back into office alone shows he is a failure and don't think he has something to offer new than how he has been used to.
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February 26, 2024, 11:07:51 AM
 #44

Isn't it curious when he says that he always liked one currency and that's USD but at the same time he wants to win the heart of Bitcoin supporters? I mean, it's contrary, isn't it? He has been constantly saying that Bitcoin is a scam, he didn't like it because it was competing against his favorite USD, it's a shame how he forgets what he said just a few months and years ago and comes up with a different opinion, pretends to have changed mind like it's nothing. I believe that Bitcoin holders are smart enough to understand that this man lies for the sake of winning elections and doesn't care about your privacy and would integrate CBDC tomorrow if he could.

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February 26, 2024, 11:47:48 AM
 #45

I seriously doubt he even knows what Bitcoin is. His advisers probably told him that it is a buzzword that could potentially get him some votes. Otherwise politicians' stance on Bitcoin, specially in US, is not going to change much. They hate it but they don't want to show it...

I don't doubt that he knows this very well, because regardless of his character and acting as a classic American cowboy, the fact is that he has a nose for business, otherwise he wouldn't have built such a business empire. In addition, such a character does not tolerate others whispering too much in his ear, so what he recently said about Bitcoin is only the result of someone asking him about it, and not some kind of planned strategy.

I completely agree with the latter, because in the US there is a saying "in God the dollar we believe" and during his first mandate we heard countless times that the US will defend its currency by all means. They (politicians and bankers) don't like Bitcoin, but they don't mind the profit they make with it.

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February 26, 2024, 11:54:07 AM
 #46

I hope that this will bring even more newbies to our industry
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February 26, 2024, 11:58:29 AM
 #47

Trump might not be an honest or sincere person, but he is definitely not dumb, he needs people's vote, and at the very least he wouldn't let the US economic and financial sector to get left behind, because the US is where he can get money and get richer. I am not a US citizen, but if I were, I wouldn't be too excited about this news, it is a good news but even if his policy are more supporting for Bitcoin he and his allies will be the one who get the most benefit.

Right. Basically, these leaders make decisions based on what the public wants and what benefits them personally or their party. Trump's stance on Bitcoin might be influenced by a desire for votes and economic gains. So it's worth keeping an eye on how his policies could play out for both the general public and his own interests. Its not wrong to be skeptical

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February 26, 2024, 12:01:13 PM
 #48

I find the idea of Trump as a Bitcoin 'ally' weird and intriguing. He went from skeptic to begrudging accepter, a remarkable evolution. I never thought he'd lean toward crypto, but here we are, talking how his backing could swing Bitcoin votes.

Peel back the layers. Trump's "one currency" strategy is conventional, but his acknowledgement of Bitcoin's momentum is telling. This shows the adaptability needed in today's fast-changing economy. Is this change genuine or a ploy to win over the crypto community?

Additionally, Trump's regulatory mention resonates. Decentralization is Bitcoin's strength, but Trump's regulatory frameworks may be the way forward.

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February 26, 2024, 12:24:13 PM
 #49

I find the idea of Trump as a Bitcoin 'ally' weird and intriguing. He went from skeptic to begrudging accepter, a remarkable evolution. I never thought he'd lean toward crypto, but here we are, talking how his backing could swing Bitcoin votes.

Peel back the layers. Trump's "one currency" strategy is conventional, but his acknowledgement of Bitcoin's momentum is telling. This shows the adaptability needed in today's fast-changing economy. Is this change genuine or a ploy to win over the crypto community?

Additionally, Trump's regulatory mention resonates. Decentralization is Bitcoin's strength, but Trump's regulatory frameworks may be the way forward.
Trump, despite his age, is a modern man and finds the idea of bitcoin as the modern and future of money. He realises that it is foolish to deny what has already spread around the world. It is better to embrace it and be one of the first than to share a piece of the pie in the future.

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February 26, 2024, 12:45:12 PM
 #50

Having previously called Bitcoin a scam, I was really surprised to hear Donald Trump put out some good words about Bitcoin. My question is what really changed? First, he publicly condemned CBDC and labelled it a surveillance tool and now he's saying he can accept Bitcoin. To be honest, I find hard to believe that his comments are genuine. He's a politician and will always talk like one, he's saying all this to garner support for the forth coming election.

Just because he said he would probably accept bitcoin doesn't mean he would accept it as a currency, and he's not the only one with a change of heart on bitcoin. If I remember correctly, Michael Saylor was also the one who called bitcoin a scam before, but now he is the one who holds a lot of bitcoin.

As for whether he lied for his own political purposes or whether it was his sincere words, no one knows. But it is not strange if he has calculation and purpose when making such friendly comments about bitcoin. Like us, does anyone work without receiving a salary, does anyone invest without receiving interest...? Everyone has their own purpose. If bitcoin doesn't bring you profit, doesn't bring you benefits, will you still support it?

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February 26, 2024, 01:23:18 PM
 #51

We need to understand one thing that we should never trust any politician they don't do things without their own benefit. As per the statement I don't think is any sort of acceptance but rather a pure manipulative statement and I think we shouldn't be quick in judging or trusting any politicians as it's all the vote politics and they can do anything for votes.

Majority of government and politicians don't like Bitcoin and crypto, you can understand that from the atrocious regulations laid by Indan government.

In an election year, politicians are very open to most ideas that a presented to them, it doesn't really matter if they don't like it, so far as there's a large number of voters that subscribe to it, they'll just play along until they enter office and completely ignore whatever it is. I'm sure that Donald Trump, has an idea of how he wants to run his government, if he wins, and if Bitcoin is not in it, then he'll just be answering questions related to it politically.

What I know for sure is that Bitcoin has come to stay and it's adoption is increasing everyday, so no matter the personal opinions of world leaders and influencial individuals that doesn't support it, they'll be forced to accept it's popular adoption by the masses. Inasmuch as Bitcoin adoption is driving by the younger generation, it'll eventually get the respect it deserves as a decentralized digital asset.

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February 26, 2024, 01:37:28 PM
Last edit: February 26, 2024, 01:50:32 PM by DooMAD
 #52

I thought people generally didn't want to play up any connection between criminal activity and Bitcoin?   Roll Eyes

But seriously, he is a criminal.  If you still think of this man as some kind of role model, there's something seriously wrong with you.  Personally I'd rather he stayed the hell away from Bitcoin.  Last thing I'd want is more of his gormless cultists turning up here and dragging the average forum IQ down even further.  Imagine a forum full of BADeckers.

*shudders*

Where's the 'puke smiley' when you need it?  


Do you think that if he is incompetent and greedy, how can he become president of the United States? Do you think Americans are more stupid than you for choosing a greedy, incompetent person as president?

There's no denying that a lot of people in this world are incredibly dumb.  I'm not saying it's only true of the US.  I live in a nation where people have historically voted against their own interests because they believed the lies they were told.  I'm sure it happens all over.  It's just that Trump supporters are a rather special kind of stupid.  It's ridiculous how they don't see it. 

It's like someone walks up to you in a full clown costume, honks their nose, introduces themselves as "Mr Clown", slaps a pie in your face and yet you still somehow don't recognise they're a clown.   


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February 26, 2024, 06:21:46 PM
 #53

This is political game, not going to really make any changes or make things better but just to gain attention that he needs for the political campaign. Also Trump is a successful business man so he knows how to make use of some thing that is going but I really appreciate the point about CBDC which no leader have thought about and it's worse than current Fiat system cause once everything is digital and they have a button to reverse any transaction they want without the user's consent then it's really dangerous even to imagine.









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February 26, 2024, 06:34:31 PM
 #54


it's politics so whichever the benefit politicians can go to that extent to get votes. the quote was cut.  i do think he is aware of what is going on with currencies, CBDC, and crypto since he's been an investor all his life.  in the end, Trump still likes the USD. this is his last conclusion to the question of Laura Ingraham

this is a soft stance to BTC though and Trump already benefited from the NFTs he sold in the past and he even sold his ETH too early from this bull run.









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February 27, 2024, 02:02:59 AM
 #55

@bbc.reporter, I don't believe that his attitude has really changed, but that he is just trying to win as many votes as possible from those voters who have something to do with Bitcoin. I remember that he was very negative when it came to Bitcoin, and that towards the end of his term he tried to push through some crazy measures that were then suspended by the Biden administration.

I honestly consider him a man with dangerous intentions in every respect, and I think that if he becomes president again, it will be bad for most people in the world. The man who called Bitcoin a scam a few years ago still thinks the same, and everything he is talking about now is cheap pre-election propaganda.

The former US president told Fox Business' Stuart Varney: "Bitcoin, it just seems like a scam. I was surprised — you know, with us, it was at $6,000 and, much lower. I don't like it because it's another currency competing against the dollar, essentially it's a currency competing against the dollar." Trump also said that the currency of the world should be the US dollar and called for regulations on bitcoin. "I don't think we should have all of the bitcoins in the world out there. I think they should regulate them very very high, but the currency should be the dollar," he said.

I can understand the skepticsm and I reckon it is correct for the community that we should be skeptical. However, what do you speculate on what might happen after if Trump is elected president? Will he become traitor and join the grandma Elizabeth Warren on her anticrypto campaign or will he do what he has said and he will live with it one way or another?

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February 27, 2024, 10:57:51 AM
 #56

I can understand the skepticsm and I reckon it is correct for the community that we should be skeptical. However, what do you speculate on what might happen after if Trump is elected president? Will he become traitor and join the grandma Elizabeth Warren on her anticrypto campaign or will he do what he has said and he will live with it one way or another?
Politicians are liars and they almost don't keep their promise after they were elected.

Notice that if Donald Trump will be elected as a next President, this will be his last four years as the USA. President. What he is saying can be his words to attract US. citizens and gain support for the next election. He is smart to know that cryptocurrency market is growing and the US. citizens love it so if he shows his stance to against this market, this industry, he will lose a lot of vote.

Elizabeth Warren shown her fear that her position is challenging by John Deaton who is the lawyer helped Ripple won the lawsuit against SEC.

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February 27, 2024, 11:34:13 AM
Merited by bbc.reporter (1)
 #57

I can understand the skepticsm and I reckon it is correct for the community that we should be skeptical. However, what do you speculate on what might happen after if Trump is elected president? Will he become traitor and join the grandma Elizabeth Warren on her anticrypto campaign or will he do what he has said and he will live with it one way or another?

I honestly think that his election as president of the US would be bad for Bitcoin, but also for stablecoins, in which the governments of the world see perhaps even a greater threat to national currencies. Considering how US politicians defend their national currency (which is of course understandable), there should be no doubt what will be the first thing in line when (if) there are problems with the dollar (of course bigger than they are now).

I'm actually more concerned about the impact that Trump will have on some other much more serious things globally, because let's remember that he declared that he would end the war in Ukraine in 24 hours if he becomes president. There are not many options available to him in this matter, and whichever one he chooses can have catastrophic consequences for the whole world.

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February 27, 2024, 05:07:32 PM
 #58

So here's the thing.. I will admit upfront that I despise this man with every fiber of my being.  Him and Joe Biden are dinosaurs whom shouldn't even be allowed to run for office.  Both are unfit, but that's another story.

We are in campaign season right now, and candidates will say just about anything to get certain sub-population of the nation to be on board with him.  I've heard Trump make all sorts of progressive statement, only to walk them back once in office.  Also, there is bitcoin regulation, not that he would have any sort of clue.  He says one thing now, but will it hold up? History show us, likely not. Also lets be frank, he doesn't understand it one damn bit..just like Warren Buffet, he's old an boomers tend to dislike change on this type of level. 
 

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February 27, 2024, 05:33:17 PM
 #59

Donald Trump may be thinking of a new strategy as Bitcoin continues to spread around the world. Seeing crypto flourish so much may have Donald Trump changing his stance on crypto, selling NFTs and planning more crypto-friendly policies if re-elected.

What's way more likely is that his people noticed that his voters tend to view Bitcoin positively, so they told him to start praising Bitcoin. I doubt that he himself understands anything about Bitcoin, since he's pretty old and also, let's be honest, not very bright, especially in the recent years.

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February 27, 2024, 06:37:00 PM
 #60

Everyone even loves Bitcoin including politicians and Donald Trump, it's just about the profits that can be made, the taxes that will continue to be paid from crypto users. Trump will support what can make him have the most advantages. As for how in the past Trump said that Bitcoin would be a scam, that might change now with the growing development of Bitcoin making him pro towards Bitcoin. He also hopes for support from crypto users to vote for him and that is another goal behind positive words about Bitcoin.
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February 28, 2024, 05:13:04 AM
 #61

I can understand the skepticsm and I reckon it is correct for the community that we should be skeptical. However, what do you speculate on what might happen after if Trump is elected president? Will he become traitor and join the grandma Elizabeth Warren on her anticrypto campaign or will he do what he has said and he will live with it one way or another?

I honestly think that his election as president of the US would be bad for Bitcoin, but also for stablecoins, in which the governments of the world see perhaps even a greater threat to national currencies. Considering how US politicians defend their national currency (which is of course understandable), there should be no doubt what will be the first thing in line when (if) there are problems with the dollar (of course bigger than they are now).

Do you imply that everything he has said on living with it one way or another is only a lie and his administration will continue the crackdown on bitcoin and the cryptospace?

I ask because he also mentioned that he will never allow a CBDC. I reckon if he is lying about his change of stance on bitcoin then he might also be lying about his stance on CBDC. Would you speculate that this implies that he is in reality in support of CBDC?



Donald Trump, currently seeking the Republican presidential nomination, pledged that he would “never allow” a central bank digital currency (CBDC).

Read in full https://www.theblock.co/post/273273/donald-trump-says-hell-never-allow-cbdc-issuance-if-elected

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February 28, 2024, 05:17:33 AM
 #62

I ask because he also mentioned that he will never allow a CBDC. I reckon if he is lying about his change of stance on bitcoin he might also be lying about his stance on CBDC. It might imply that he is in support of CBDC.



Donald Trump, currently seeking the Republican presidential nomination, pledged that he would “never allow” a central bank digital currency (CBDC).

Read in full https://www.theblock.co/post/273273/donald-trump-says-hell-never-allow-cbdc-issuance-if-elected

I don't like several things about Trump's personality but overall I prefer his policies to the mummy's. In this particular case too: I prefer a president who says he will not allow CBDCs and expresses a positive attitude to Bitcoin. In general I don't trust politicians and their promises, but if he says this he will surely act better than the one who is already implementing CBDCs.

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February 28, 2024, 06:47:46 AM
 #63

Trump wants to win the support of the Bitcoin/crypto enthusiasts. He would never say "I plan to ban Bitcoin/crypto" while he is in a campaign.
Several years ago, Trump said that Bitcoin/crypto is made out of thin air and it doesn't have any real value. Should we even trust this guy?
I know that his last presidential mandate(2017-2021) was a great time for Bitcoin, but Trump and the republicans didn't have any role in the growth of Bitcoin. It would be nice, if Trump and the republicans stay neutral towards BTC/crypto, after Trump becomes the new US president.

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February 28, 2024, 08:40:56 AM
 #64


“I always liked one currency. I call it a currency. I like the dollar, but a lot of people are doing it [Bitcoin] and frankly, it's taken on a life of its own,” Trump replied. “You probably have to do some regulation, as you know, but many people are embracing it. And more and more, I'm seeing people wanting to pay Bitcoin, and you're seeing something that's interesting, so I can live with it one way or the other.”[/i]

Read in full https://www.theblock.co/post/278786/donald-trump-bitcoin-embracing

"Election is coming, election is coming and election is coming, how do I win this vote to send out Joe Biden? We need to get every community that we don't like, embrace them with open arms and after we win, we can run after them". This is the concept of politicians and we failed to realize how they used and dump people when they are done.

Trump is one the no zero tolerance with any concept that is after his government and we know bitcoin is all about not giving into th government or any form of centrality. Trump was there 4 years in office and never liked Bitcoin despite when the last bull run was before he left office yet didn't recognize Bitcoin, it's now he think it's perfect time to sweet talk about Bitcoin, let him go and do his campaign fake promises else somewhere where they do the usually lie to convince people to get into office, I wonder if this guys have a shame left before they speak.
Politicians will always be politicians and that's the reality, but I like the fact that within the time of him being elected, his massive campaign must have contributed to making more people all over the world know what Bitcoin is and would also cause many to throve in to acquire some for themselves.
Am sure the price of Bitcoin as at then must have almost gotten to the $100k mark or would be in a speculative state and of course more regulatory frame works will be set in place to facilitate more use and adoption by both corporations and businesses of large or small magnitude.

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February 28, 2024, 09:59:30 AM
 #65

(Donald Trump Back in 2019, when he was president, Trump tweeted that he was "not a fan" of cryptocurrencies, saying they were "not money." And, he reiterated Tuesday: "I always liked one currency ... I like the dollar." Trump has called central bank digital currencies (CBDCs) dangerous and vowed not to allow them if elected.)

This is his statement back in 2019 and what has changed his mind all of a sudden, or a change of heart for sure this is just for his campaign because he now knew that there are many people supporting Cryptocurrency and right now there are many of the positive statement he has for Bitcoin but last time he is objecting the used of it and just because he noticed that the Bitcoin now has a life of its own he is making amends to most people using Bitcoin and other Cryptocurrency, for me and for sure this is just political.

Everyone even loves Bitcoin including politicians and Donald Trump, it's just about the profits that can be made, the taxes that will continue to be paid from crypto users. Trump will support what can make him have the most advantages. As for how in the past Trump said that Bitcoin would be a scam, that might change now with the growing development of Bitcoin making him pro towards Bitcoin. He also hopes for support from crypto users to vote for him and that is another goal behind positive words about Bitcoin.

Well there might be something about the change of heart for Trump and I think it is more on the political view side, but there could certainly be a side where he can surely learn about it and many are considering a new Currency, and we all know that Bitcoin back then was called the Currency of the masses, as the transaction doesn't require tax but a certain fee for the miners,  and as you have said he will support it if he will gain certain advantageous things regarding Cryptocurrency.

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February 28, 2024, 10:44:53 AM
 #66

Do you imply that everything he has said on living with it one way or another is only a lie and his administration will continue the crackdown on bitcoin and the cryptospace?
I ask because he also mentioned that he will never allow a CBDC. I reckon if he is lying about his change of stance on bitcoin then he might also be lying about his stance on CBDC. Would you speculate that this implies that he is in reality in support of CBDC?


If you ask me for my personal opinion, then the answer is that he and his administration will be very harsh on Bitcoin, or at least try to be. However, unlike when he was the president for the first time, now in the game with BTC we have very powerful companies like BlackRock and Fidelity, and a very strong crypto mining sector that will lobby together so that there are no strict regulations or maybe even bans.

As for the CBDC, the matter is very clear, if he become the president, he will do everything to prevent this from happening, but he will have the same attitude towards everything he considers to be a threat to the US dollar.

I (and certainly many people) would like to see some third option for president, because Biden is simply too old and senile, and Trump is a man against whom various court proceedings are being conducted and as such he should not have a chance to run at all.

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February 28, 2024, 01:43:10 PM
 #67

If you ask me for my personal opinion, then the answer is that he and his administration will be very harsh on Bitcoin, or at least try to be. However, unlike when he was the president for the first time, now in the game with BTC we have very powerful companies like BlackRock and Fidelity, and a very strong crypto mining sector that will lobby together so that there are no strict regulations or maybe even bans.
Bitcoin has matured and come to a point that it is a political issue. Accept it, prohibit it will create advantage or disadvantage of a politician's propaganda or a party's propaganda.

Trump just has to accept this fact, join the trend and do something oppositely with Biden administration to gain support from US. citizens especially citizens who love Bitcoin, cryptocurrencies and are investors in this industry.

Quote
As for the CBDC, the matter is very clear, if he become the president, he will do everything to prevent this from happening, but he will have the same attitude towards everything he considers to be a threat to the US dollar.
It is not actually threat for US. dollar but for privacy of US. citizens. Only my thinking, I guess Trump worries about CBDC's power to trace his money flow too. He possibly will care more about himself, before the US. citizens.

Quote
I (and certainly many people) would like to see some third option for president, because Biden is simply too old and senile, and Trump is a man against whom various court proceedings are being conducted and as such he should not have a chance to run at all.
I am outside of USA, not their citizen but I feel a little bit that a big nation like them can not have better candidates for an upcoming President Election. Both Biden and Trump are too old already and they need to find other people but fact is this Election will be between two old men.

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February 28, 2024, 02:59:58 PM
 #68

I can understand the skepticsm and I reckon it is correct for the community that we should be skeptical. However, what do you speculate on what might happen after if Trump is elected president? Will he become traitor and join the grandma Elizabeth Warren on her anticrypto campaign or will he do what he has said and he will live with it one way or another?
There are still many speculators circulating and this is still not clear, Trump is also quite obsessed with crypto, if it provides benefits maybe he will support it but if he follows grandmothers Elizabeth and Warren in the anti-crypto campaign, this will be a disaster for crypto in the US. There will be many rules that will apply and it may be completely prohibited. can only see new scenarios coming to pass.
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February 28, 2024, 10:26:34 PM
 #69

I ask because he also mentioned that he will never allow a CBDC. I reckon if he is lying about his change of stance on bitcoin he might also be lying about his stance on CBDC. It might imply that he is in support of CBDC.



Donald Trump, currently seeking the Republican presidential nomination, pledged that he would “never allow” a central bank digital currency (CBDC).

Read in full https://www.theblock.co/post/273273/donald-trump-says-hell-never-allow-cbdc-issuance-if-elected

I don't like several things about Trump's personality but overall I prefer his policies to the mummy's. In this particular case too: I prefer a president who says he will not allow CBDCs and expresses a positive attitude to Bitcoin. In general I don't trust politicians and their promises, but if he says this he will surely act better than the one who is already implementing CBDCs.
I cannot tell for now if he’s actually true to himself about embracing bitcoin. Politicians may be deceiving with their promises, and they will do everything just to make them real for us. But if what he says about bitcoin is true, surely that will make him the bitcoin community’s favorite. With the unstoppable progress and growth of bitcoin, I guess any president will find it hard to stop his people from embracing bitcoin, and probably that’s his realization as of this moment.
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February 29, 2024, 05:07:57 PM
 #70

The previous American president might just be acting as a politician and doing what politicians always do with the aim of swaying voters over to their side with promises, but I’d also like to see Mr Donald as a business mogul even as president he made so many industrial revitalizative decisions which helped boost the American economy.
As a business owner he must have noticed the increase in adoption and usage of Btc by the customers of his various businesses that could have prompted such statements from him.
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February 29, 2024, 05:41:02 PM
 #71

I can understand the skepticsm and I reckon it is correct for the community that we should be skeptical. However, what do you speculate on what might happen after if Trump is elected president? Will he become traitor and join the grandma Elizabeth Warren on her anticrypto campaign or will he do what he has said and he will live with it one way or another?
There are still many speculators circulating and this is still not clear, Trump is also quite obsessed with crypto, if it provides benefits maybe he will support it but if he follows grandmothers Elizabeth and Warren in the anti-crypto campaign, this will be a disaster for crypto in the US. There will be many rules that will apply and it may be completely prohibited. can only see new scenarios coming to pass.

I am not convinced one bit that Trump is actually interested in Bitcoin. We are used to seeing similar tricks from politicians who say lots of interesting stuffs the people want to hear just to impress them and gather votes from them,  it is quite difficult to predict Politicians. Trump knows that the people are obsessed with Bitcoin and he is using that to his advantage.  We are only hoping that he is telling us the truth this time around.  But if he goes back to his old self, I am not perturbed because I know  Bitcoin will still remain unaffected.

Political leaders like control and Trump isn't an exception. One major way of putting the activities of the citizens under check is by controlling their finances. I doubt the possibility of Trump giving the people this freedom of carrying out their financial transactions without third parties interference. I still see this his act of righteousness as a campaign strategy to win more people to his side.

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February 29, 2024, 07:07:42 PM
 #72

If you ask me for my personal opinion, then the answer is that he and his administration will be very harsh on Bitcoin, or at least try to be. However, unlike when he was the president for the first time, now in the game with BTC we have very powerful companies like BlackRock and Fidelity, and a very strong crypto mining sector that will lobby together so that there are no strict regulations or maybe even bans.

As for the CBDC, the matter is very clear, if he become the president, he will do everything to prevent this from happening, but he will have the same attitude towards everything he considers to be a threat to the US dollar.

I (and certainly many people) would like to see some third option for president, because Biden is simply too old and senile, and Trump is a man against whom various court proceedings are being conducted and as such he should not have a chance to run at all.


The Governments have no objection on things that are under there control i.e. centralised one. For somehow I don't consider these ETF's as part of decentralised cryptocurrency ecosystem since they provide the governments visibility into what's happening inside.

The real battle of government is with decentralised bitcoin that they can't control or manipulate. That opposition won't be over no matter who hold the office of U.S president.   
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