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

[legiteum]

My gawd! TDS runs rampant in these forums!! Some folks seriously need to chill and see a doctor or something. Left or right is for me a neither/nor proposition. You nuts on the extreme ends of both parties are getting tiresome. Any sane political commentators on here?!

This entire thread started as TDS. Some people will snatch at any reason to glorify Trump. Probably a Russian troll farm or something.

[bbc.reporter]

Honestly, I don't know if Trump really cares about bitcoin and cryptocurrency or if he's just lying to achieve his goals. But I will also support Mr. Trump over Biden or any Democratic Party candidate because if the Democratic Party continues to dominate the White House, the Biden administration's draconian policies on cryptocurrency will not disappear anytime soon. We don't seem to have too many choices here, so I think it's better to choose Mr. Trump than support Biden when he is trying to oppose and prevent the development of the cryptocurrency industry.

Like you, I partly believe that Trump will make cryptocurrency grow stronger and more popular, because he is a businessman and he will not give up any opportunity if it can bring US economic interests.

I reckon these are the occurrences where I will certainly begin to trust that the Trump administration is being serious on their procrypto agenda.

1. They will stop their cases against Uniswap and Coinbase.
2. The SEC will create clear guidelines in what is an illegal security and what is a commodity.
3. They create new KYC rules because their old rules have been difficult for the people in the cryptospace.
4. They stop treating the Tornado Cash founders and other developers of privacy software very much like criminals.

Is this what the Trump administration has promised us in recent statements?

Trump promised only 3 things. Free Ross Ulbricht on day 1 of his presidency, protect the right of self custody and reject the creation of CBDC. However, these things do not signal a real friendly administration to the cryptospace. I am also very skeptical if he will free Ross Ulbricht on day 1 heheheheheh. The list in my reply is what I reckon would certainly signal a real friendly administration towards the cryptospace. If they do not do this, I would be quite certain that they are not procrypto.

I don't know if he promised these 3 things if elected president, the only thing I know is that he promised to release Ross Ulbricht but I think this will not be as easy as he said, I agreed.
We should not expect too much that when Trump is elected, the government will become more friendly to cryptocurrencies, but at least I believe that he will bring more fairness to us and there will be no more unreasonable repression like what is going on.

What's even more funny is that after Trump declared his support for bitcoin and cryptocurrency, according to some sources, the Biden administration is also changing its stance on the cryptocurrency industry to prepare for re-election. I hope these will have a positive impact on our upcoming super bull season  .

He also mentioned the rejection of CBDC and the protection of the people's right to custody of their cryptocoins in the same speech in a libertarian convention.

In any case, I agree on everyone's skepticism and I already mentioned that I would only trust that an administration is procrypto if they do these 4 things. I will repeat here if no one saw this or if this is being ignored because this is more important than the promise of Trump on Ross Ulbricht.

1. They will stop their cases against Uniswap and Coinbase.
2. The SEC will create clear guidelines in what is an illegal security and what is a commodity.
3. They create new KYC rules because their old rules have been difficult for the people in the cryptospace.
4. They stop treating the Tornado Cash founders and other developers of privacy software very much like criminals.

[pooya87]

I think the anarchist bitcoiners are hoping Trump becomes president because in their opinion if America falls that means Bitcoin will rise as the replacement for the US dollar. And Trump is the best chance to topple America since the Cold War, and Trump is probably 100x more likely to topple America than the Soviets ever had a shot at.

So in their mind you bring in Trump, he ends America's role as the dominant country in the world, the dollar loses its special place in the world as America collapses, and then Bitcoin ascends. Of course they don't realize that it is way too early in Bitcoin's adoption for that to work, so if America crumbles under another Trump presidency all it would do is crash the price of Bitcoin as the American economy fails.

It's not a matter of "if", it is only a matter of when and how. America has been on a downward spiral for decades and if it happens overnight it might affect bitcoin price negatively but such a rapid catastrophic demise is unlikely at this stage. The more likely scenario is the continued downward spiral but at a faster pace. A radical like Trump would hasten that demise while a senile old man like Biden would ensure it.

This is good news for both bitcoin and the world economy because that slow demise gives the world enough time to "decouple" from America and that has been happening over the past 10+ years, speeding up over the past 2...
This is exactly why for example China is slowly dumping the US dollar and US treasury bonds, or why capital is migrating elsewhere such as to India, or why BRICS was formed, etc...

[legiteum]

This is good news for both bitcoin and the world economy because that slow demise gives the world enough time to "decouple" from America and that has been happening over the past 10+ years, speeding up over the past 2...
This is exactly why for example China is slowly dumping the US dollar and US treasury bonds, or why capital is migrating elsewhere such as to India, or why BRICS was formed, etc...

Without the USA,  the world would be at the mercy of the two remaining nuclear super powers, e.g. the dictatorships of Russia and China. Be careful what you wish for. And Bitcoin isn't going to help you if you live in a dictatorship.

[legendbtc]

This is good news for both bitcoin and the world economy because that slow demise gives the world enough time to "decouple" from America and that has been happening over the past 10+ years, speeding up over the past 2...
This is exactly why for example China is slowly dumping the US dollar and US treasury bonds, or why capital is migrating elsewhere such as to India, or why BRICS was formed, etc...

Without the USA,  the world would be at the mercy of the two remaining nuclear super powers, e.g. the dictatorships of Russia and China. Be careful what you wish for. And Bitcoin isn't going to help you if you live in a dictatorship.

To be fair, I do not believe that America will completely disappear from the world map and that the American economy will completely collapse. But their long-term domination of the world and creation of dictatorships is harming the world and the world needs to change. Why don't you think more positively that when America weakens, the world will become more multipolar and fair? Just like bitcoin is special because it belongs to the community and not to any individual or organization. And the world becoming multipolar will help bitcoin grow stronger now when we have to always depend and rely on the decisions of a single country.

[thecodebear]

I think the anarchist bitcoiners are hoping Trump becomes president because in their opinion if America falls that means Bitcoin will rise as the replacement for the US dollar. And Trump is the best chance to topple America since the Cold War, and Trump is probably 100x more likely to topple America than the Soviets ever had a shot at.

So in their mind you bring in Trump, he ends America's role as the dominant country in the world, the dollar loses its special place in the world as America collapses, and then Bitcoin ascends. Of course they don't realize that it is way too early in Bitcoin's adoption for that to work, so if America crumbles under another Trump presidency all it would do is crash the price of Bitcoin as the American economy fails.

It's not a matter of "if", it is only a matter of when and how. America has been on a downward spiral for decades and if it happens overnight it might affect bitcoin price negatively but such a rapid catastrophic demise is unlikely at this stage. The more likely scenario is the continued downward spiral but at a faster pace. A radical like Trump would hasten that demise while a senile old man like Biden would ensure it.

This is good news for both bitcoin and the world economy because that slow demise gives the world enough time to "decouple" from America and that has been happening over the past 10+ years, speeding up over the past 2...
This is exactly why for example China is slowly dumping the US dollar and US treasury bonds, or why capital is migrating elsewhere such as to India, or why BRICS was formed, etc...

America collapsing would not be good for bitcoin or the world.

Yes America has obviously been starting its fall the past couple decades. America was quickly hemorrhaging under Trump's four years, Biden coming in restored political credibility and stability for America, but he can't do anything to stop the monetary/debt problems and he can't do anything to stop the culture problems driven by republicans/conservatives.

Trump on the other hand greatly speeds up the fall. In Trump's four disastrous years as president I'd say America probably moved a generation closer to the fall. A second term would likely be even more disastrous for America than the first term was. The moment Trump won the 2016 election it became crystal clear there would be no turnaround for America, and by the time he left office in disgrace America's path on this fall had advanced significantly. Since Biden came in we've been back to a stable decline, rather than the rapid descent we got form 2017 through 2020.

A rapid catastrophic demise is unlikely....unless we give another four years to someone like Trump. He happily bankrupts the nation in every way imaginable if he thinks it will enrich himself. I'm not saying the nation would completely collapse during another Trump term, but it would again bring us A LOT closer to collapse. It's like putting a s**tcoiner in total control of bitcoin. Trump wants to hard fork America into a third world despotic country, and all his cult members are eager for that too.

As you said, a slowwww decline will allow the world to decouple from the US. But Trump ensures the decline will not be slow. It was a slow decline until Trump spent four years drastically speeding it up. Even without him being president the negative cultural impact of turning millions of Americans into cult members whose only goal is to make sure one political party has zero accountability for anything and specifically rejoices in corruption, while they want the other party to be destroyed so America turns into a single party state like Russia or North Korea, where political oppression is the norm, this lasting cultural impact by itself, even with a stable Democrat-led govt, continues to speed up America's decline.

[khiholangkang]

I like Trump's statement that supports Bitcoin for bitcoiners in the US in his campaign he is very supportive of our community, but from what has been said so far at that time and from the real evidence he supports is still very questionable.

Not long before the Arkham uploaded a wallet that allegedly belonged to Trump on twitter, but I didn't see Bitcoin ownership in the wallet, there were only a few of his memecoins and WETH and ETH, of course for me personally it was just a sweetener when campaigning to get public support who liked bitcoin, He should have at least a little bitcoin as a form of real support.

Source

[pooya87]

Without the USA,  the world would be at the mercy of the two remaining nuclear super powers, e.g. the dictatorships of Russia and China. Be careful what you wish for. And Bitcoin isn't going to help you if you live in a dictatorship.

After the Cold War the world has been at the mercy of a single dictatorship that murdered over 30 million people across the world because it was the only "pole". The current multipolar world we are establishing once again is a much better and balanced world in comparison.

but he can't do anything to stop the monetary/debt problems

It is actually very easy to solve majority of those problems. The solution is stop overseas adventures and go back home! That is where the taxpayers money is being wasted.

For example one of the biggest cases of hemorrhaging money is what G.W. Bush started more than two decades ago and it only gets worse with every passing day. That alone is more than $12 trillion and counting.
That is only going to increase exponentially because the day war criminal Bush was feeling like a "big guy" declaring war on 7 countries, little did he know it would be turned into a war of attrition to wear down US military and US economy both.
To put that in numbers, eg. these days US Navy alone is wasting billions of dollars just to survive and stay afloat in the Red Sea and its neighborhood without accomplishing any of its goals! That's while the attacks they're deflecting aren't even serious yet.

All that can stop and trillions of dollars could stop being wasted and instead be spent domestically to fix the local economy and the aging infrastructure... only if they give up such adventures and go back home becoming a normal regime...
They're not gonna do that though, neither Trump nor Biden... This is why USA needs a regime change not a president change. A new regime which is not controlled by a minority of ultra wealthy people like arms dealers who got rich of that $12 trillion of taxpayers money I mentioned above.

Other than that I agree with your points about Trump.

[o48o]

I like Trump's statement that supports Bitcoin for bitcoiners in the US in his campaign he is very supportive of our community, but from what has been said so far at that time and from the real evidence he supports is still very questionable.

Not long before the Arkham uploaded a wallet that allegedly belonged to Trump on twitter, but I didn't see Bitcoin ownership in the wallet, there were only a few of his memecoins and WETH and ETH, of course for me personally it was just a sweetener when campaigning to get public support who liked bitcoin, He should have at least a little bitcoin as a form of real support.

Source

I don't get why they think that wallet would belong to Donald. Because of Trump Cards activity?

This is from the site that sold the cards:



Those guys (obviously guys) just issued the cards with stolen and modified images, and got go-ahead from trump, with some kind of monetary deal. And i am sincerely wondering when trump is suing them because of a bad deal he made again.

And sure, every wallet that is suspected by being donald's wallet will be probably flooded with incoming memetokens to "trump" for hodl, as creators of them want name for themselves and people are watching what that wallet is holding. You know, like they flooded Vitalik's wallets

[legiteum]

After the Cold War the world has been at the mercy of a single dictatorship that murdered over 30 million people across the world because it was the only "pole". The current multipolar world we are establishing once again is a much better and balanced world in comparison.

The only "poles" in the world that matter are the decisive strategic nuclear arsenals, of which there are currently three that matter: the US, China, and Russia.

Take the USA out of that, and you are left with two "poles", e.g. Xi and Putin.

Of course many people pine for the world before the post-WWII era we've been in for the last 70 years: the one where tens of millions of people died in wars every year. Yeah, that was so much fun, wasn't it?

I don't see where you garner this faith that Xi and Putin will be "nice" and keep the world in order, but there's no evidence of that and tons of evidence to the contrary.

Begging for the end of the USA is the same as begging for continuous wars across the world. It's not fun like Red Dawn, it's really awful like The Last of Us.

[pooya87]

The only "poles" in the world that matter are the decisive strategic nuclear arsenals, of which there are currently three that matter: the US, China, and Russia.

Nukes are only used for mutual destruction between equally weak militaries (ie. the ones you named), otherwise they are not of any use on the global scene. If they were, US military wouldn't have lost to cavemen in Afghanistan and Russia wouldn't have been stuck in the flat fields of Ukraine that has little to no natural defenses and China wouldn't have been attacking ships with a water gun...

Not to mention in the Modern Warfare era a small operation to take out the satellites would turn all 3 militaries and their nukes you mentioned into unarmed militias at best; specially United State's since almost all US weapons depend on satellites.

Begging for the end of the USA is the same as begging for continuous wars across the world. It's not fun like Red Dawn, it's really awful like The Last of Us.

Why end? When USSR fell apart, Russia didn't end. When US falls apart, America won't end either. America will still be a big country (maybe a couple of States declare independence) but a normal country not a rogue one.

As for "continuous wars", you seem to have forgotten a couple of facts.
First is that wars have always been part and parcel of our world and there is no escaping them. For thousands of years people have fought each other for a lot of reasons! and they are not about to stop, with or without USA.
Second is that after WW2 the more power US gained the more wars the US regime started across the world. Mainly wars in Africa and all over Asia. Normalizing the US regime will end all of them not start more.

[legiteum]

The only "poles" in the world that matter are the decisive strategic nuclear arsenals, of which there are currently three that matter: the US, China, and Russia.

Nukes are only used for mutual destruction between equally weak militaries (ie. the ones you named), otherwise they are not of any use on the global scene. If they were, US military wouldn't have lost to cavemen in Afghanistan and Russia wouldn't have been stuck in the flat fields of Ukraine that has little to no natural defenses and China wouldn't have been attacking ships with a water gun...

Not to mention in the Modern Warfare era a small operation to take out the satellites would turn all 3 militaries and their nukes you mentioned into unarmed militias at best; specially United State's since almost all US weapons depend on satellites.

Well, if the USA was eliminated, as you seem to be pining for, then the destruction would no longer be mutual, would it? The reason nukes haven't been used thus far is that there's a strategic balance between the US and the dictatorships of the world. If the USA is taken off the table, then nukes can and would be used because there would be no downside in doing so.

The US didn't "lose" to the fighters in Afghanistan, approximately 1% of our military capabilities lost to the fighters in Afghanistan. Had we bumped that up to even 2%, we would have annihilated that fighting force in the same way we annihilated the original Iraqi army. The US lost there because of political will (which, to be clear, I personally share), not because we don't have the technical capabilities to do so.

Begging for the end of the USA is the same as begging for continuous wars across the world. It's not fun like Red Dawn, it's really awful like The Last of Us.

Why end? When USSR fell apart, Russia didn't end. When US falls apart, America won't end either. America will still be a big country (maybe a couple of States declare independence) but a normal country not a rogue one.

The millisecond the US is no longer a unified military system--and thus can no longer provide a strategic counter-threat to Russia and China--the world will be at the mercy of these nuclear powers since they will have no deterrent in using the full force of their respective militaries.

As for "continuous wars", you seem to have forgotten a couple of facts.
First is that wars have always been part and parcel of our world and there is no escaping them. For thousands of years people have fought each other for a lot of reasons! and they are not about to stop, with or without USA.

Yes, for thousands of years that is true. For the last 70, even with the wars we've had, this has been the most peaceful in all of human history.

Again, you should really watch that streaming series, "The Last of Us" so see what you are asking for. The collapse of civilization is not fun. (And there sure as heck won't be anything resembling Bitcoin in that world! ).

[pooya87]

The US didn't "lose" to the fighters in Afghanistan, approximately 1% of our military capabilities lost to the fighters in Afghanistan. Had we bumped that up to even 2%, we would have annihilated that fighting force

Losing or winning wars is not defined by how many people you kill. It is defined by how many goals are reached. Take the genocidal Zionists in occupied Palestine. They have murdered more people per day than US, Russia and Hitler murdered combined! Have they won the war? Not even close. Why? Because they have not reached any of their goals and they can not reach any of them.

It's the same with US war in Afghanistan (and elsewhere). Before invasion the cavemen called Taliban ruled Afghanistan, after the great escape in 2021 (where the US military left about $100 billion worth of weapons behind) Taliban still rules Afghanistan. Their "government" hasn't even changed, it's the same cavemen

BTW it wasn't 1% of US military capability it was much much more. They even dropped the largest non-nuclear bomb ever created in Afghanistan and even that didn't change the outcome.
Most advanced USAF assets were also used there including the highly classified multi-billion dollar project called "Beast", which is a CIA spy stealth drone.

in the same way we annihilated the original Iraqi army.

Iraq was already defeated when the actual invasion began.
It took roughly 10 years too. It was a combination of brutal sanctions that even led to widespread famine in the country, the stupidity of the dictator of Iraq who willingly disarmed his own military, multiple attacks on Iraqi military (specifically targeting air-force and air defenses) to weaken it further and a lot more that softened the country for defeat.
THEN after that ~10 year period, a massive coalition was formed to attack an already defeated country.

IIRC the situation was so bad that surveys said that about 70% of Iraqi military forces would put down arms the moment invasion begins. In fact I remember an article a couple of years before the invasion about a ridiculous story of a couple of border petrol guys throwing down their arms and surrendering to a single Humvee thinking that was the invasion

So yea, US military superpower dudes "annihilated" this... and didn't even do it alone. It was a coalition of 36 countries.

this has been the most peaceful in all of human history.

It seems like the term "peaceful" is only a matter of perspective to you. Otherwise to the rest of the world like people walking the the streets of Iraq, Syria, Afghanistan, Lybia, Yemen, Sudan, Lebanon, Palestine, ... where US bombs fell for years things aren't peaceful at all.

Again, you should really watch that streaming series, "The Last of Us" so see what you are asking for. The collapse of civilization is not fun.

There is no need to watch some imaginary thing, what the US regime has been doing to the world is very real:



And more recently the US based genocide in Palestine:

[Franctoshi]

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.

And even if Trump did not get elected finally but the fact that him being the former President of the United States and currently the Republican Party flag bearer in this coming US presidential election said such things about Bitcoin, it indeed a green light for Bitcoin and the crypto space, and already it has made Bitcoin become talk of the day even for people who don't initially regard it; this might become a new trend in the voting system where voters would be interested to try to vote in a president who are Bitcoin-friendly in the coming future and a presidential aspirant who doesn't involve Bitcoin in his campaign promises might find it difficult to win election in the United States  and possibly is some other countries election too.

[Kalchef]

After the Cold War the world has been at the mercy of a single dictatorship that murdered over 30 million people across the world because it was the only "pole". The current multipolar world we are establishing once again is a much better and balanced world in comparison.

The only "poles" in the world that matter are the decisive strategic nuclear arsenals, of which there are currently three that matter: the US, China, and Russia.

Take the USA out of that, and you are left with two "poles", e.g. Xi and Putin.

Of course many people pine for the world before the post-WWII era we've been in for the last 70 years: the one where tens of millions of people died in wars every year. Yeah, that was so much fun, wasn't it?

I don't see where you garner this faith that Xi and Putin will be "nice" and keep the world in order, but there's no evidence of that and tons of evidence to the contrary.

Begging for the end of the USA is the same as begging for continuous wars across the world. It's not fun like Red Dawn, it's really awful like The Last of Us.

And now that atomics are all on standby ? It will literally be the end of the world, the US has a special satellite that warn against any launched nukes from other countries or any locations in seconds, and the US president have to make his decision very fast, that's why the black box follows him everywhere, let's not even dream about this, everyone will be gone in a blink of an eye.

The atomic bombs of today are like 5 times powerful than the Atomic bomb that hit Hiroshima Japan years ago, let no one dream of this, it will be bloodier.

[legiteum]

So yea, US military superpower dudes "annihilated" this... and didn't even do it alone. It was a coalition of 36 countries.

Wow, you really really REALLY hate America. Just out of curiosity, what country do you live in now?

Seriously though, the US was obviously the predominant military power that defeated Iraq, and was easily 90% the military power projected there, if not more.

this has been the most peaceful in all of human history.

It seems like the term "peaceful" is only a matter of perspective to you.

My perspective is actual numbers of dead, injured and displaced peoples. You know, hard data and math.

Maybe the 1700s "seemed" more peaceful to you, but numerically that was not the case.

(If you are one of those "peace is war, freedom is slavery" folks, then suffice it to say I don't imagine our conversation will go anywhere here ).

Again, you should really watch that streaming series, "The Last of Us" so see what you are asking for. The collapse of civilization is not fun.

There is no need to watch some imaginary thing, what the US regime has been doing to the world is very real:

Ah, okay. Maybe I am starting to understand you. So you think the US should be punished for our support of Israel, and you don't care if the world is taken over by Xi and Putin because of that punishment?

In other words, do you think the world would be better off being ruled (without any sort of democracy) by Xi and Putin instead of the "evil" United States? If that's what you think, then I guess you are entitled to your opinion, but I do wonder if you really thought about what you are asking for here you would really want the world you are begging for here.

[snerd]

Biden did indeed just veto the bill Congress brought to his desk, relaxing many obstacles towards integration within the populace.

Biden vetoed it! He is NO friend to crypto!

U.S. President Biden Vetoes Resolution Overturning SEC Guidance

U.S President Joe Biden signed a veto of a House Joint Resolution that would have repealed the Securities and Exchange Commission's (SEC) Staff Accounting Bulletin 121, he announced Friday afternoon.

SAB 121 is a controversial piece of SEC accounting guidance that directs financial institutions holding crypto for customers to keep the assets on their own balance sheets. Critics of the guidance say it makes it too difficult for financial institutions to work with crypto companies.
In his statement announcing the veto, Biden said he would not support any "measures that jeopardize the well-being of consumers and investors."

"By virtue of invoking the Congressional Review Act, this Republican-led resolution would inappropriately constrain the SEC’s ability to set forth appropriate guardrails and address future issues," his statement said. "This reversal of the considered judgment of SEC staff in this way risks undercutting the SEC’s broader authorities regarding accounting practices."

Biden's statement echoed his previous comments on wanting to work with Congress on legislation addressing the digital asset market, saying "appropriate guardrails that protect consumers and investors are necessary."

The veto came hours after banking groups and members of Congress sent a pair of letters to Biden's desk, asking him to sign the resolution to overturn SAB 121…………

https://www.coindesk.com/policy/2024/05/31/us-president-biden-vetoes-resolution-overturning-sec-guidance/

[legiteum]

Biden did indeed just veto the bill Congress brought to his desk, relaxing many obstacles towards integration within the populace.

Biden vetoed it! He is NO friend to crypto!

Having oversight into the crypto business will prevent more FTX fiascos in the future, which will prevent more of the massive crashes in prices we saw in the wake of that fiasco.

If Trump comes along and says in effect, "crypto businesses are allowed to rip you off and they will get away with it", then the price of Bitcoin will crash. Be careful what you wish for. Mainstream investors like regulated markets, not anarchy.

[Belarge]

Biden did indeed just veto the bill Congress brought to his desk, relaxing many obstacles towards integration within the populace.

Biden vetoed it! He is NO friend to crypto!

Bitcoin is not going anywhere. Donald Trump is business tycoon and knows the basis to comprehend in the space, he's always up and doing whenever the market comes to him. He's one of the top influential men in the world and he basically understands how to run everything. United state president, Joe Biden ensure he's straight when it involves the dealings of cryptocurrency. He's no fan of crypto although he make everything smooth for those top whales in the United States.

[legiteum]

Biden did indeed just veto the bill Congress brought to his desk, relaxing many obstacles towards integration within the populace.

Biden vetoed it! He is NO friend to crypto!

Bitcoin is not going anywhere. Donald Trump is business tycoon and knows the basis to comprehend in the space, he's always up and doing whenever the market comes to him. He's one of the top influential men in the world and he basically understands how to run everything. United state president, Joe Biden ensure he's straight when it involves the dealings of cryptocurrency. He's no fan of crypto although he make everything smooth for those top whales in the United States.

Donald Trump is not a "business tycoon", he's a spoiled rich kid who lost half of his inheritance even though his father did everything he could to guarantee his success.

Donald Trump pardoned a couple of people who ripped off his own supporters. He doesn't care about you, about me, or about Bitcoin: he cares about making money for himself.

Trump will probably make Bitcoin illegal so he can replace it with a coin he owns himself personally.