Donald Trump's stance on Bitcoin is changing

[fuguebtc]

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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[shield132]

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.

[Doan9269]

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.

[Synchronice]

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.

[Lucius]

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.

[Deddyhoku]

I hope that this will bring even more newbies to our industry

[Natsuu]

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

[Blitzboy]

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.

[fzkto]

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.

[Smack That Ace]

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?

[Kelward]

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.

[DooMAD]

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

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.   

[jrrsparkles]

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.

[electronicash]

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.

[bbc.reporter]

@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?

[hd49728]

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.

[Lucius]

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.

[ChiBitCTy]

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. 
 

[hatshepsut93]

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.

[AakZaki]

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.