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Author Topic: Trump's big promises  (Read 342 times)
alani123 (OP)
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May 26, 2024, 08:26:46 AM
 #1

Trump spoke at the Libertarian party national convention the other day and delivered some promises that are quite big for crypto.
1. A day one commutation of Ross Ulbricht's life imprisonment sentence.
2. Ban federal agent involvement in limitation of speech.
3. Cancel the "Green new deal".
4. Drill for even more oil.
5. Support the right to self custody of crypto.
6. Ban CBDC in the U.S.

Source: https://www.youtube.com/watch?v=RaiI3-ontAE
Potentially even more promises flying left and right.

Personally it sounds like a bit much. I'd rather be some consumer protection regulation applied to crypto so no more Celsius and FTX scams can happen out of the U.S. and also much of the rest of the population doesn't like us crypto folk that much. A presidential candidate talking so favorably about crypto might be doing more damage to his campaign in general even if he gets the whole crypto crowd on this single issue. For example miners would be very pleased by the counter-environmental measures, but not everyone is a miner and many people in the US have been affected very badly from climate change also. And also Biden already increased drilling licenses too much. At some point there should be a reduction rather than the opposite as per what most people believe for the environment at least.

What do you think of all this? Did Trump overpromise? Do you think these promises give him hope for winning the presidential race?

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May 26, 2024, 10:45:15 AM
 #2

Well. I am completely sure he is over promising. by the way, if you check the lastest campaign with in the political cycles led by Trump, then you would realize he has repeatly lied and over promise for the sake of popularity, one and once again.
he promised a wall with mexico which would stop illegal inmigration, he also said he was going to replace Obama care with something better than more effective. I did not happen.
when comes to the implementation  of the CBDC, it would be foolish to assume only the president could stop de advance of such a system which is being pushed by big technological companies and intelligence agencies to surveil the population of the country. even if Trump had actual good intentions to protect the privacy of the Average american citizen, there will be always people in the congress and the house of representatives willing to sell out the people. it is not a coincidence many pokitical donors come from those huge companies (which profit with our personal information).

anyways, I call it over promising and nothing more.
if Trump wins, there will be some tax cuts and not much more after it.

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May 26, 2024, 11:17:24 AM
 #3

It's bull crap as usual and we cannot trust these politicians they can say anything and everything to come to power and sad situation for Americans as they don't have a good candidate and even if there is an prospect who is suitable for the role of president he don't get the spotlight.

Trump is just overpromising and saying anything to win the election just like his Indian friend modi. He is an hypocrite and people should heed to these overpromises.









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May 26, 2024, 12:11:50 PM
 #4

Cryptocurrencies has been taken an influential key point for US politicians such as Donald Trumps who is being a strong hold of Bitcoin and crypto enthusiast to pegging his winning on structuring promises in the crypto industries.
Too much baselines of him being emphasized about this crypto.
My question is.... Does he really care that much that much and can he be able to fulfill all that social and media promises he is been speculating?
Well, since he is already an big dog of crypto enthusiastic, I would be left of no choice than giving him a winning support while hoping he let crypto adoptors freely enjoy the fundamental creation of crypto currencies.

But hear me all, I have this fear that if Trump fails to win the election, there could be more tension on cryptos because whoever emerges the winner may see crypto adoptors as an opposition who never wanted them to win because they supported Donald Trumps due to his promises over the crypto awarenesses.
So crypto my be termed to be doomed in the US were the crypto users might be faced with inconveniences in the crypto industry but we just hope on the best to come.

I am much concerned that if Trumps wins, let those crypto enthusiasts outside the jurisdiction of US such as Africa should also be paved way to enjoy a fair holding and trading with the crypto assets limiting the authorities from the their forces over cryptocurrencies in the regions.

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May 26, 2024, 06:14:00 PM
 #5

My question is.... Does he really care that much that much and can he be able to fulfill all that social and media promises he is been speculating?
Well, we can't access the depths of his inner-being to know with assurance how much he really cares about what he promises and defends, but if I could make I guess, I would say he doesn't care at all, since it's all about saying what he has to say to conquer what he desires to conquer. We live in the era of moral relativism, which is dominated by sophists. For these people truth doesn't matter, rather what matters is to convince people anything can be true, depending what is more interesting to them on the present moment.

Politicians act lead by this guideline. What is true for him today, might not be tomorrow anymore.

Moreover, of course he isn't going to fulfill these promises he is sharing on social medias right now, because it doesn't depend fully on one individual to become reality. There is a legislative house approving and disapproving laws and regulations. There is a judiciary system which exercises high influence over the other levels of power (legislative and executive). There is a media enforcing its agendas as well.

Lots of personal interests are involved on the process of ruling a country, and all these interests are infected by moral relativism, where each individual wants his necessities supplied, without caring at all about others who are around. Therefore you can be assured that a politican making such promises is very naive or is very elusive and manipulative. As we know Trump isn't naive in anyways, I guess he must belong to the second category then...

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May 26, 2024, 07:08:36 PM
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 #6

Trump spoke at the Libertarian party national convention the other day and delivered some promises that are quite big for crypto.
1. A day one commutation of Ross Ulbricht's life imprisonment sentence.
2. Ban federal agent involvement in limitation of speech.
-cut-
What do you think of all this? Did Trump overpromise? Do you think these promises give him hope for winning the presidential race?
Confirmed con artist wouldn't lie, now wouldn't he?

Rememebr how he didn't pardon Assange or Snowden either, but Ulbricht, for some reason he would, even though Trump wouldn't pardon him in his last term? This time is different why? BEcause he wants to pander his voters and lie to them in order to get their votes?

And key to this would be freeing Ulbricht? You know, that same Ulbricht, that tried to have 5-6 people murdered, that run the infamous site for drug dealing?
Trump, who has openly urged death penalty for drug dealers would gave a shit about this guy? Right. It must be true then. Jesus people who believe him are gullible.

So i guess nr 1 and 2 goes to same category as effort to get people murdered goes under freedom of speech in his mind.

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May 26, 2024, 08:39:16 PM
 #7

A presidential candidate talking so favorably about crypto might be doing more damage to his campaign in general even if he gets the whole crypto crowd on this single issue.
Trump is a politician and he has to convince once again the people of the US to push him back to the White House and that includes the people that are in crypto. Maybe he's doing it wrong or right at this time, I remember the last election when Andrew Yang did the same promises but his popularity wasn't just enough to attract votes so he had conceded IIRC. But if he's going to ban CBDCs and that's for real, we will never know the implications of it.

I remember last election, Biden has also told something the same about cryptos that he's going to do this and that but what happened? more wars instead of more crypto regulations and stuff.

What do you think of all this? Did Trump overpromise? Do you think these promises give him hope for winning the presidential race?
I'm not sure with what's the sentiment of the Americans and even I am not from there, I guess that there's still just equal thought about retaining Biden and wanting Trump back. At the end of the day, he's still a politician and as such, they do most talks to convince people to like him.

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May 26, 2024, 11:04:34 PM
 #8

Trump was said to have offered a conditional pardon to Assange if he revealed the source of the hack... And Assange did not budge. This was a very distasteful move by Trump and any freedom of speech advocate would have a hard time believing him the second time around.

As for a Snowden pardon, Trump had kept calling him a traitor. So indeed these promises seem too big. He doesn't seem one bit sorry for the harm he might have caused in the past to these innocent men with not pardoning them before... Hard to believe him now. But probably a better chance than Joe Biden in terms of anything of that magnitude.

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May 27, 2024, 12:06:47 AM
 #9

Trump was said to have offered a conditional pardon to Assange if he revealed the source of the hack... And Assange did not budge. This was a very distasteful move by Trump and any freedom of speech advocate would have a hard time believing him the second time around.

As for a Snowden pardon, Trump had kept calling him a traitor. So indeed these promises seem too big. He doesn't seem one bit sorry for the harm he might have caused in the past to these innocent men with not pardoning them before... Hard to believe him now. But probably a better chance than Joe Biden in terms of anything of that magnitude.

Are you surprised Trump would continue to call Assange a traitor? Trump will likely continue to believe he is one as long as Trump is alive. Trump stands with the big guy, for the big brother, taking care of the I formation about each one of the citizens in the country for the sake of alledged protection against terrorists.
look at this this way: people like Trump who are the wealthy and powerful are not afraid if surveillance, because traditionally they are the ones surveiling the their of the people, it would be either because political reasons or industrial espionage. you name it.
If your cared in the slightest about freedom of information and freedom of speech, then Assange would be within the United States since a long time ago, that is not the case.

That is also why we should not buy the story of Trump being pro Bitcoin and Cryptocurrency, he does not stand for the values of Satoshi or Assange, he only wants to have new options to grift more money from people who happen to be Bitcoin holders, that is all.

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May 27, 2024, 03:11:38 PM
 #10

5. Support the right to self-custody of crypto.
6. Ban CBDC in the U.S.

What do you think of all this? Did Trump overpromise? Do you think these promises give him hope for winning the presidential race?

Donald Trump's promises will not increase scams because he only promised to promote self-custody. This means people will be allowed to keep their coins in non-custodian wallets without restrictions. Celsius and FTX  bankruptcy was not as a result of self custody but centralized custodian services offered by these firms. So if Trump wants people to have the right to keep their coins, that's a good move towards decentralization.

Just checked unverified data from a website and discovered that close to 40% of Americans own crypto. This information might not be accurate, but a high number of US citizens support crypto. So Trump is targeting to gain the support of this crypto-friendly population.

The news that Bitcoin mining massively affects the environment negativity is mere propaganda to discredit the sector. Other activities have a massive effect on the environment than mining. I am sure that many US citizens are now aware that all the data on Bitcoin mining power consumption are overblown.

Politicians want to gather support from all the sectors of the country. Only the votes of the crypto community will not make him win elections. But it can add to the number of his votes which can make him elections.

R


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May 27, 2024, 03:17:32 PM
 #11

5. Support the right to self-custody of crypto.
6. Ban CBDC in the U.S.

What do you think of all this? Did Trump overpromise? Do you think these promises give him hope for winning the presidential race?

Donald Trump's promises will not increase scams because he only promised to promote self-custody. This means people will be allowed to keep their coins in non-custodian wallets without restrictions. Celsius and FTX  bankruptcy was not as a result of self custody but centralized custodian services offered by these firms. So if Trump wants people to have the right to keep their coins, that's a good move towards decentralization.
I am not gonna pretend that this is a democrat or republican issue because FTX and Celsius might have started under Trump but the Biden Admin had a lot of time to investigate them while they were in power and instead they just let them blow up on everyone's faces. So it's obvious that neither party is that serious about consumer protection in crypto. But at least under Biden the sec moved to enact some legislation.

I think if Trump goes into this sector with the mindset to cancel the already lackluster legislation then many people are going to have lots of trouble. Regulation is good to some extent. And for the most part already the legislation for financial institutions is very relaxed. In crypto it's not even applied for the most part.

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May 27, 2024, 04:06:43 PM
 #12

I guess Trump will make all those promises reality, if the opportunity be given to him to become U.S president because some of the things he promised are things that will make the U.S country to eliminate inflation that is disturbing people and businesses in the country, and if all those things come to reality, it will solve a lot of problems in the U.S country.

With this crypto promise, Trump made, do you think crypto users will not going to vote for him, they will vote for him because they know that Biden will not going to make such promises in his second tenure.

I believe Trump will win this election, because he have many things to use to campaign to win the hearts of the people and I have changed my mind to support trump base on the crypto donation promise he made during his campaign.

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May 30, 2024, 06:45:19 PM
 #13

But at least under Biden the sec moved to enact some legislation.
Old candidates, new elections.

Anyone considering to vote for Biden should read the lyrics of her song WEX and consider if you want to vote for someone who is associating with someone like Cardi B.

“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative“ Bitcoin HODL!
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May 30, 2024, 08:20:25 PM
 #14

Yes, judging by Trump’s words, one can come to the conclusion that Biden is not doing his job at all, because there is so much good that can be done for the people of America. But who knows what will happen when Trump comes to power, what if this was just his election program?

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May 31, 2024, 05:42:51 AM
 #15

Did you also get that part where he said he will be accepting donations for his campaign in cryptocurrency? Grin coming from a man who was never in support of cryptocurrency while he was president, what changed now?

Donald Trump is a very smart politician, he knows the cryptocurrency community has grown, hence the need to buy their support by telling them what they need to hear. His promises are so good to be true. Even though I sense hypocrisy, it will be a welcome development for the US government and the world at large if all these promises are kept. Politicians can be funny and difficult to be trusted, we just  drum support for the one that gives the best speech Grin

 

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June 01, 2024, 05:58:44 AM
Merited by vapourminer (1), suchmoon (1)
 #16

Trump spoke at the Libertarian party national convention the other day and delivered some promises that are quite big for crypto.
1. A day one commutation of Ross Ulbricht's life imprisonment sentence.
2. Ban federal agent involvement in limitation of speech.
3. Cancel the "Green new deal".
4. Drill for even more oil.
5. Support the right to self custody of crypto.
6. Ban CBDC in the U.S.

Source: https://www.youtube.com/watch?v=RaiI3-ontAE
Potentially even more promises flying left and right.

Personally it sounds like a bit much. I'd rather be some consumer protection regulation applied to crypto so no more Celsius and FTX scams can happen out of the U.S. and also much of the rest of the population doesn't like us crypto folk that much. A presidential candidate talking so favorably about crypto might be doing more damage to his campaign in general even if he gets the whole crypto crowd on this single issue. For example miners would be very pleased by the counter-environmental measures, but not everyone is a miner and many people in the US have been affected very badly from climate change also. And also Biden already increased drilling licenses too much. At some point there should be a reduction rather than the opposite as per what most people believe for the environment at least.

What do you think of all this? Did Trump overpromise? Do you think these promises give him hope for winning the presidential race?

Anytime Trump says something honest, it's just a coincidence.

He's promising to free Ross when he's in front of a bunch of libertarians because he figures that's his best shot at getting their vote.

When he was in NH where they're having serious opioid problems he said he would make drug dealers and king pins with federal convictions eligible for the death penalty.

He'll do whatever is best for him, and the second the polls close the Libertarians will have 0 value to him.  Maybe someone with leverage will figure out how to get him to free Ross.  Or maybe he'll have Ross shipped to some place that's even worse than where he is now as revenge for the libertarians booing him off the stage.  (Or maybe he won't win the elections and Ross will get to meet him in person)

Only thing we know for sure is he won't cancel the green new deal because it was never adopted and he has no clue wtf a CBDC is.

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June 01, 2024, 09:07:36 AM
 #17

For now Donald Trump is my favorite assistant and I want him to win because so many things has been going wrong in the United States.
This man need to be the president so that do many things need to be fixed and the Americans lives can matter again.
I am very certain that if Trump becomes the next president of the United States for the second term, he would become a good president and help to remove the current problems and the war between the Ukraine and Russia.









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June 04, 2024, 08:04:19 AM
 #18

I guess Trump will make all those promises reality, if the opportunity be given to him to become U.S president because some of the things he promised are things that will make the U.S country to eliminate inflation that is disturbing people and businesses in the country, and if all those things come to reality, it will solve a lot of problems in the U.S country.

With this crypto promise, Trump made, do you think crypto users will not going to vote for him, they will vote for him because they know that Biden will not going to make such promises in his second tenure.

I believe Trump will win this election, because he have many things to use to campaign to win the hearts of the people and I have changed my mind to support trump base on the crypto donation promise he made during his campaign.

On a sincere note, it's not an assurance that Trump could do all that being promised but a convince able side of it is that he'd do better than other candidates if he emerges victory with the way he has been emphasizing on the global economy system in projecting bitcoin and the rest crytop currencies as the tool to hedge the challenges.
If Biden couldn't be so upright to prioritize his electorial campaign on cryptocurrencies then if he resumes office it might be some conditional effects for crypto holders with series of inconveniences policies.

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June 04, 2024, 12:07:49 PM
 #19


The reality is that Trump is winning regardless of all the big promises he says that we know he can't guarantee to keep. People like him so even if he just does one among the hundreds he promised for crypto, all Trump will say is sorry.

There isn't even an assurance that he could stop the war, just one of the things he promised. Trump is the most popular in the world, I think whatever he says people will believe in him.
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June 04, 2024, 03:01:56 PM
 #20

6. Ban CBDC in the U.S.

i don't think he will ban cbdc since it is a product of many central banks globally. because eventually, most central banks globally will launch their own version of cbdc and all of this will be integrated into one network and make transactions easier both nationally and internationally. and as far as i know, the president also has limited authority in this matter, because the fed is independent and the president cannot control the institution directly. but if trump wants to influence the fed's decision, he might be able to do so, but it will be risky for his image, and i doubt that he would want to do that.

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