Donald Trump's stance on Bitcoin is changing, the Trump pump is beginning

[uneng]

Nothing new to see here. Trump was a Bitcoin enthusiast in 2016, then he became president and changed his stance to be against Bitcoin (in order to justify a maximalist defensive position of dollar currency). Now that he is looking for the presidency spot once again he adopts the previous stance of endorsing Bitcoin more or less?

Sorry, but if you get fascinated and excited for this kind of news you must be really naive. Trump wants the public to see him as the freedom anti-system warrior, and Bitcoin fits the role he is trying to interpret (for now). It's all about marketing, propaganda and manipulation.

Empty words are a big thing in this modern world, as it seems there aren't negative consequences for those who pronounce them... It's quite the opposite: liars and manipulators get more and more fans each new day.

[MusaMohamed]

Nothing new to see here. Trump was a Bitcoin enthusiast in 2016, then he became president and changed his stance to be against Bitcoin (in order to justify a maximalist defensive position of dollar currency). Now that he is looking for the presidency spot once again he adopts the previous stance of endorsing Bitcoin more or less?

Presidency is only four years in the USA. and its maximum 8 years if a politician is elected twice. Politicians who want to be the President like Trump can say anything that is helpful for his propaganda to gain trust and get votes from citizens.

When their Presidency is finished, they are done and impacts from their regulations during 4 years or 8 years can last a little bit longer than their Presidency time. Usually we will see the opposite party, the next President from an opposite party, will try to revoke some of policies from precedent President but generally they will again try to do things that are helpful for their political career and their party.

I see even it is temporary changes like 4 years or 8 years, it is still better than countries with absolute dictatorship politics like Russia, North Korea, Cuba.

[kro55]

Nothing new to see here. Trump was a Bitcoin enthusiast in 2016, then he became president and changed his stance to be against Bitcoin (in order to justify a maximalist defensive position of dollar currency). Now that he is looking for the presidency spot once again he adopts the previous stance of endorsing Bitcoin more or less?

Presidency is only four years in the USA. and its maximum 8 years if a politician is elected twice. Politicians who want to be the President like Trump can say anything that is helpful for his propaganda to gain trust and get votes from citizens.

When their Presidency is finished, they are done and impacts from their regulations during 4 years or 8 years can last a little bit longer than their Presidency time. Usually we will see the opposite party, the next President from an opposite party, will try to revoke some of policies from precedent President but generally they will again try to do things that are helpful for their political career and their party.

I see even it is temporary changes like 4 years or 8 years, it is still better than countries with absolute dictatorship politics like Russia, North Korea, Cuba.

It doesn't stop there, assuming Mr. Trump is elected and keeps his promise to support and support the development of the cryptocurrency industry. During those 4 years, everyone will have full access and a proper view of bitcoin and cryptocurrency. And in those 4 years, the popularity of bitcoin could grow to such a peak that even if the democratic party comes to power, it will be difficult to change anything once bitcoin is already a part of the people.
The new president can only change policies that are not very effective and do not create as many benefits for the people as previous presidents claimed. They cannot arbitrarily change policies that are effective or recognized by the people.

[Wind_FURY]

I believe 10 years ago NO ONE would say that there will be a Bitcoin ETF or that a U.S. presidential candidate would mention it publicly during a speech.

I remember at least in the past 2 US elections (that's almost ten years) there have been candidates who commented on bitcoin. This time Kennedy was commenting on bitcoin a lot too.

We intend to raise a $100m

That sounds like they are just paying him for some "stuff" behind curtains
Like the oil giants that are paying him a cool billion to advertise, win and then change the regulations in their favor so that they can f**k the environment and start extracting more oil from restricted areas to make hundreds of billions themselves.

The real question is what's in it for these guys who are paying bribing him a cool hundred mil...

That doesn't change the fact that Bitcoin is in its defining moment in history now. Because if people actually envisioned that this moment would actually happen, then many of the people who have sold their Bitcoin 10 years ago would never have sold their coins, no?

[legiteum]

For the past month we have been working with the Trump campaign to develop their bitcoin and crypto policy agenda. We proposed a comprehensive executive order for President Trump to sign on day 1. I will be sharing those details soon. This week Trump took the first step, but there is much work to do. We intend to raise a $100m war chest for the campaign to insure the next President of the United States is pro Bitcoin. If you can help, please reach out.

https://x.com/davidfbailey/status/1789141605544538467

LOL, they are going to get their $100M ripped off from Trump whether he wins or loses.

If Trump wins, he will be accountable to nobody--just like Putin and Xi are accountable to nobody in their countries. The only reason Trump would help Bitcoin would be if it made himself richer, but he would make far more money trashing Bitcoin in favor of his own personal crypto (or some similar scheme) rather than pumping Bitcoin, most of which he would not own.

[Cookdata]

Nothing new to see here. Trump was a Bitcoin enthusiast in 2016, then he became president and changed his stance to be against Bitcoin (in order to justify a maximalist defensive position of dollar currency). Now that he is looking for the presidency spot once again he adopts the previous stance of endorsing Bitcoin more or less?

Like you know the drill. When Joe Biden was package for the US and the rest of the world, they said the same thing only to triple their hunt on cryptocurrency, they have literally shutdown any mixers from US and ethereum mixers is a living testimony for their tenure.
When Trump was campaigning in 2015, man was so humble and cool not until he assumed office and start talking to anyone mannerlessly with rude, that's when they came against him and now they want to repackage him again, indeed human being are seek and are always moved easily by political choices.

Sorry, but if you get fascinated and excited for this kind of news you must be really naive. Trump wants the public to see him as the freedom anti-system warrior, and Bitcoin fits the role he is trying to interpret (for now). It's all about marketing, propaganda and manipulation.

Empty words are a big thing in this modern world, as it seems there aren't negative consequences for those who pronounce them... It's quite the opposite: liars and manipulators get more and more fans each new day.

These are empty words for the ticket, trust them at nothing. If I'm from US, my vote will never go to that two political system that has destroyed US more than they couldn't, one is lying that he is going to reduce tax while one is trying to kill investors with taxes. A new candidate is not bad but I don't know why US seems to be interested from Republicans and Democrat.

[ChiBitCTy]

"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 mean this is kind of funny coming from someone who's sold a bunch of NFTs, so he's obviously aware of the blockchain.  Not that I think he understands any of it, I just think it's kind of funny when he says "I can live with it".

I'm not sure his "pro" bitcoin stance will really make much of a difference in it's price.

[Sandra_hakeem]

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.

You wanna vouch for a political aspirant that barely has a choice of word? that defamed Bitcoin few years ago - not because he didn't have enough conviction - but because the legislative sector in the US government has a greater influence on his decisions as the president and he fell for it? I wouldn't blame him too much though but it looks to me like he's just out to have some votes from some random bitcoiners.

I just think it's kind of funny when he says "I can live with it".

he's obviously trying to convince people to not worry much about the severe intrusions by the current government, that that's not gonna be the care in his?

I'm not sure his "pro" bitcoin stance will really make much of a difference in it's price.

Nobody controls decentralization.

Nothing new to see here. Trump was a Bitcoin enthusiast in 2016, then he became president and changed his stance to be against Bitcoin (in order to justify a maximalist defensive position of dollar currency). Now that he is looking for the presidency spot once again he adopts the previous stance of endorsing Bitcoin more or less?

Sorry, but if you get fascinated and excited for this kind of news you must be really naive. Trump wants the public to see him as the freedom anti-system warrior, and Bitcoin fits the role he is trying to interpret (for now). It's all about marketing, propaganda and manipulation.

Do y'all believe it now? ^{[I just read through and I stumbled on this]}. Bitcoin is slowly becoming a political factor!

[Wind_FURY]

"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 mean this is kind of funny coming from someone who's sold a bunch of NFTs, so he's obviously aware of the blockchain.  Not that I think he understands any of it, I just think it's kind of funny when he says "I can live with it".

I'm not sure his "pro" bitcoin stance will really make much of a difference in it's price.

Although a surge in price would be very good for our investments, but ser, I believe there will be more important connections than merely price. It's currently recognized as something he can use to win the election, and if he does win, it will be another defining moment for Bitcoin. Legacy OTC desks and trading floors will also use it to make their markets more attractive. Mere marketing or not, they have no choice but to use Bitcoin for their advantage. Because if not, someone else will use it. It's the Bitcoin Invasion.

[DooMAD]

if he does win, it will be another defining moment for Bitcoin.

Maybe don't inter-twine their fates too much, though, yeah?  I don't want peoples' perception of Bitcoin to rely on that skeezy, orange shit-gibbon furthering his own sordid agendas.  He's clearly just being an opportunist.  He doesn't actually care about Bitcoin in the slightest and is merely "riding the coattails".  It's about getting gullible idiots to like the guy.  Don't fall for it.

[legiteum]

[...] and if he does win, it will be another defining moment for Bitcoin.

It's much more likely Trump will panic the markets since he is erratic, corrupt, and it proposing extremely radical change to every aspect of American life based on his written policy statements.

While there's always chance Bitcoin will go up slightly, Trump introduces the risk that it could drop by 90% or more because he and/or his administration figure out how to manipulate the markets in order to make themselves more money, e.g. making Bitcoin illegal and instead pumping a coin that Trump himself owns.

Also note that stopping the millions of abortions in the USA will require a new kind of police state that will dwarf the old "war on drugs", and in that environment they will surely go after things like Bitcoin since it can be used to pay for things the government doesn't want.

Bitcoin went up 500% under Biden. The safe bet here is to stay the course.

[Wind_FURY]

if he does win, it will be another defining moment for Bitcoin.

Maybe don't inter-twine their fates too much, though, yeah?  I don't want peoples' perception of Bitcoin to rely on that skeezy, orange shit-gibbon furthering his own sordid agendas.  He's clearly just being an opportunist.  He doesn't actually care about Bitcoin in the slightest and is merely "riding the coattails".  It's about getting gullible idiots to like the guy.  Don't fall for it.

Yeah, I was merely making a point. It's already a defining moment that a presidential candidate, loved or hated - no matter who he/she is, has thought or said that "he could live with that", or that "he hears the people's calls". It's an absolutely good development. Bitcoin today is entering uncharted paths, and making its most important journey towards real and actual adoption as an asset class.

[humanvelocity]

Trump surely won't have any problem with it at the moment, As he's trying to avoid offending anyone to secure every possible vote that he can get which fair enough does makes sense. He could genuinely be support mainstream adoption of Bitcoin but it's hard to figure out his true feelings during an election period.

[nutildah]

Yeah, I was merely making a point. It's already a defining moment that a presidential candidate, loved or hated - no matter who he/she is, has thought or said that "he could live with that", or that "he hears the people's calls". It's an absolutely good development. Bitcoin today is entering uncharted paths, and making its most important journey towards real and actual adoption as an asset class.

I suppose, theoretically, its good that Orange Man's handlers have convinced him to say things that could be interpreted as "pro bitcoin," but he's hardly the first presidential candidate to do so. A dark horse independent candidate (who has no chance of winning but could swing the outcome in one direction or another, depending on which party he takes more votes from) named Robert F. Kennedy has made it clear he is pro-bitcoin since he entered the race last year.

https://www.axios.com/2024/03/04/rfk-jr-bitcoin-crypto-currency-freedom

"Transactional freedom is as important as freedom of expression," Kennedy said during a press conference before his event appearance.
...
"I don't think there's anybody using a podium or a bully pulpit to explain to the American public how inconsistent central bank digital currencies are with our values and how threatening they are to our constitutional rights."

Other (former) candidates that revealed their pro-bitcoin-ness before Trump include Vivek Ramaswamy, Ron Desantis and Tulsi Gabbard. Yes its true that Orange Man is more popular than all of them put together.

[btc78]

Nothing new to see here. Trump was a Bitcoin enthusiast in 2016, then he became president and changed his stance to be against Bitcoin (in order to justify a maximalist defensive position of dollar currency). Now that he is looking for the presidency spot once again he adopts the previous stance of endorsing Bitcoin more or less?

To be honest at this point we should just never get excited or hopeful when a politician especially a candidate that is running for a position starts talking about bitcoin. In fact we should just never believe any word that comes out of any politician’s mouth.

They will say anything to have you on their side. If bitcoin is no longer serving him, he will drop it as soon as he can.

[Wind_FURY]

Yeah, I was merely making a point. It's already a defining moment that a presidential candidate, loved or hated - no matter who he/she is, has thought or said that "he could live with that", or that "he hears the people's calls". It's an absolutely good development. Bitcoin today is entering uncharted paths, and making its most important journey towards real and actual adoption as an asset class.

I suppose, theoretically, its good that Orange Man's handlers have convinced him to say things that could be interpreted as "pro bitcoin," but he's hardly the first presidential candidate to do so. A dark horse independent candidate (who has no chance of winning but could swing the outcome in one direction or another, depending on which party he takes more votes from) named Robert F. Kennedy has made it clear he is pro-bitcoin since he entered the race last year.

https://www.axios.com/2024/03/04/rfk-jr-bitcoin-crypto-currency-freedom

"Transactional freedom is as important as freedom of expression," Kennedy said during a press conference before his event appearance.
...
"I don't think there's anybody using a podium or a bully pulpit to explain to the American public how inconsistent central bank digital currencies are with our values and how threatening they are to our constitutional rights."

Other (former) candidates that revealed their pro-bitcoin-ness before Trump include Vivek Ramaswamy, Ron Desantis and Tulsi Gabbard. Yes its true that Orange Man is more popular than all of them put together.

"Orange Man" made me laugh. - An Orange Coin for an Orange Man.

OK, it's not the Orange Man who's the first, although he's the most popular. But you do get the context, no? I don't care if it's the Orange Man, the Old Man, the Iron Man, or the Green Man. I'm merely making a point that after the ETF and solidifying its place as an asset class, it's also having its defining moment in the socio-political sphere.

[aoluain]

Yeah, I was merely making a point. It's already a defining moment that a presidential candidate, loved or hated - no matter who he/she is, has thought or said that "he could live with that", or that "he hears the people's calls". It's an absolutely good development. Bitcoin today is entering uncharted paths, and making its most important journey towards real and actual adoption as an asset class.

I suppose, theoretically, its good that Orange Man's handlers have convinced him to say things that could be interpreted as "pro bitcoin," but he's hardly the first presidential candidate to do so. A dark horse independent candidate (who has no chance of winning but could swing the outcome in one direction or another, depending on which party he takes more votes from) named Robert F. Kennedy has made it clear he is pro-bitcoin since he entered the race last year.

https://www.axios.com/2024/03/04/rfk-jr-bitcoin-crypto-currency-freedom

"Transactional freedom is as important as freedom of expression," Kennedy said during a press conference before his event appearance.
...
"I don't think there's anybody using a podium or a bully pulpit to explain to the American public how inconsistent central bank digital currencies are with our values and how threatening they are to our constitutional rights."

Other (former) candidates that revealed their pro-bitcoin-ness before Trump include Vivek Ramaswamy, Ron Desantis and Tulsi Gabbard. Yes its true that Orange Man is more popular than all of them put together.

"Orange Man" made me laugh. - An Orange Coin for an Orange Man.

OK, it's not the Orange Man who's the first, although he's the most popular. But you do get the context, no? I don't care if it's the Orange Man, the Old Man, the Iron Man, or the Green Man. I'm merely making a point that after the ETF and solidifying its place as an asset class, it's also having its defining moment in the socio-political sphere.

LOL an Orange coin for an Orange man!

It is definitely headline news for us Bitcoiners ^{I totally missed it from back in February}
I wouldnt put any weight behind the claims by Trump, anything he syas or promises can easily
be rescinded, actually the same goes for any politician when they are on the campaign trail looking
to get elected, they can easily promise the Earth, Moon and Stars but dont necessarily have to
deliver those. So yea we can take "the claims with a pinch of salt"

[Abiky]

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?

So Trump finally came down to his senses. Good, because we need as much crypto-friendly politicians in the US as possible. With how fierce the Biden administration has been against the crypto/Blockchain industry, it's likely crypto enthusiasts/supporters will vote for Trump. We're yet to see if this will help him win the White House. The problem would be dealing with SEC chairman Gary Gensler. Especially when his term ends on June 2026. A Republican majority in the Senate will mark the end of Mr. Gensler's career before the aforementioned date.

For what I know, all cards are on the table. Hopefully, America embraces the revolution before it's too late. Who knows what surprises we'll find by Election Day?

[legiteum]

With how fierce the Biden administration has been against the crypto/Blockchain industry, [...]

What are you talking about? Bitcoin went up 500% under president Biden.

Trump promises radical change to our country and to our economy. His plan to deport 5% of the residents of the USA alone will wreak havoc on our economy. Bitcoin can be used to pay for illegal abortions, so his administration will probably want to shut it down the minute the election is over.

The safe bet here is to stick with Biden and the Democrats.

[DooMAD]

So Trump finally came down to his senses. Good, because we need as much crypto-friendly politicians in the US as possible. With how fierce the Biden administration has been against the crypto/Blockchain industry, it's likely crypto enthusiasts/supporters will vote for Trump.

If there's any sense in the world, Trump will be in jail.  I get that this is a Bitcoin forum, but don't let your passion for BTC blind you to the reality that the man is a criminal and should absolutely be incarcerated.