Trump vs. Biden is almost like Bitcoin vs Fiat

[Moreno233]

With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?

They are politicians and can change their political approaches when they see a change will help them to gain benefit for their political career.

Trump and Biden are the same, their mindset on Bitcoin and cryptocurrency can change with time.

Trump changed so did Biden.

Trump changed a lot recent months than what he thought in 2019.

I am not an American neither do I support either of Biden or Trump but we have to rely on what we have seen them say and do and from what I have seen, Trump does what he says he will do. I remember when he said he will build a wall in the Mexican borders, then people thought it was a bad political statement but when he became president, he started it before Biden came and annul that project. Another case was to start the defunding of various international organizations, pulling out of Iran nuclear deal, pulling out from climate change and others. Indeed, some of the things he said he will do when elected as president made people to mock him yet he did them exactly as he said. Some might not be the best line of actions but as long as he said them during his campaigns, he did them. Going by this antecedents, if he say anything about cryptocurrency now, I believe he will do just that. So Trump will be better for Bitcoin than Biden.

[Reatim]

Going by this antecedents, if he say anything about cryptocurrency now, I believe he will do just that. So Trump will be better for Bitcoin than Biden.

We can’t deny the fact that most likely he is just saying it to gain voters. He knows that Biden pissed off a lot of crypto users so he is drilling more to it by promising good things about bitcoin. Well whether it’s all for politics or not, hopefully if ever he wins, Trump actually does the things he is promising about bitcoin.

[legendbtc]

Until Mr. Trump actually becomes president and introduces fairer regulations for cryptocurrencies as well as eliminates bills that block cryptocurrencies, I will believe that Mr. Trump has truly changed his mind with crypto. Right now, it's still too early to believe what he says. But that's more to be expected than the Biden administration's treatment of cryptocurrency, and worse things will happen if Biden is re-elected president.
I am not from America and I have no right to decide who will be president. So in this case, I just hope that no matter who gets elected, as long as they bring more fairness and openness to the crypto industry then I support them.

[Casdinyard]

With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?

One's senile, the other one's a felon, at this point I don't even know which one's a better pick, although the latter stretch of Sleepy Joe's term really ruined his image for me, and while I can't even vote for a US president given the fact that I don't even have a US citizenship, if I were to be given the chance I gotta side with the crypto apologist with this one. Joe's banking on the people who hate bitcoin and crypto, failing to realize that there are more people who are growing in knowledge and interest about cryptocurrency in general, while the amount of people who hate it decreases.

Although I couldn't see the parallel between Joe and Trump against bitcoin and fiat, cause if I'm not mistaken the polarity is with bitcoin and the banks, cause fiat as far as everything is concerned works fine and great with the current setting of bitcoin and cryptocurrencies in general.

In any case, I guess this just goes to show how fucked the elections are going to be for the average American, realizing that they had to choose between someone who brainfarts every 3 milliseconds and a convicted felon.

[Lucius]

~snip~
Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?

I don't think it's funny at all if we take into account that on one side we have a narcissistic bully, and on the other side a man with evident dementia who is lost in space and time. When such a person attacks someone who is unable to defend himself, then this is verbal violence resulting from the struggle for power and political position. If this were happening somewhere else in the world, various politicians and their servants from the US would probably be lecturing us every day - but apparently this kind of circus in their own backyard doesn't bother them in the least.

As far as cryptocurrencies are concerned, there is really no difference between the current president and the former - all those who think that Trump is crypto friendly have a very short-term memory of what Trump had planned when he was president.

[tread93]

With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?

They are politicians and can change their political approaches when they see a change will help them to gain benefit for their political career.

Trump and Biden are the same, their mindset on Bitcoin and cryptocurrency can change with time.

Trump changed so did Biden.

Trump changed a lot recent months than what he thought in 2019.

I am not an American neither do I support either of Biden or Trump but we have to rely on what we have seen them say and do and from what I have seen, Trump does what he says he will do. I remember when he said he will build a wall in the Mexican borders, then people thought it was a bad political statement but when he became president, he started it before Biden came and annul that project. Another case was to start the defunding of various international organizations, pulling out of Iran nuclear deal, pulling out from climate change and others. Indeed, some of the things he said he will do when elected as president made people to mock him yet he did them exactly as he said. Some might not be the best line of actions but as long as he said them during his campaigns, he did them. Going by this antecedents, if he say anything about cryptocurrency now, I believe he will do just that. So Trump will be better for Bitcoin than Biden.

Great points, President Trump is indeed a man of his word and the only potential leader who seems to have the capability to bring actual positive change despite any negative sentiments that people get from their sheer hatred of the man alone. The aforementioned people are mostly completely delusional & are brainwashed if they still support Biden. It’s idiotic. Trump at least has a track record with Ethereum and NFT projects and I think that has opened up his eyes and ears towards crypto. He has seen over the past 4 years all of the adoption taking place. I for one hope that he succeeds and clinches the election which is honestly a sure thing in a fair fight.

[pooya87]

These two are only like dumb and dumber and Trump giving promises that makes some crypto guys happy is only proving those people have very short memory because they've forgotten he used to be the president 4 years ago and he did none of these things at the time and there is no reason to do any of them if he takes the office

Besides, certain things like US regime's attitude toward Bitcoin is not up to the president...

[bitbunnny]

These two are only like dumb and dumber and Trump giving promises that makes some crypto guys happy is only proving those people have very short memory because they've forgotten he used to be the president 4 years ago and he did none of these things at the time and there is no reason to do any of them if he takes the office

Besides, certain things like US regime's attitude toward Bitcoin is not up to the president...

So true. Politicians only say what people want to hear and after elections they do completely different things lead by their own interests.
And yes, people have very short memory and that is the same all over the world. Nothing ever changes and we don't learn a thing.
Nor Biden or Trump will do anything good for crypto community but to my opinion world will be slightly better place if Trump won't win elections.

[PrivacyG]

Besides, certain things like US regime's attitude toward Bitcoin is not up to the president...

But in order to see and realize this, you need to have particularly wide open eyes first.  Which many people still lack of.

[darewaller]

Biden was the one that ETF passed when he was president? How come we do not see that as something good, plus we are talking about regulations here, and saying Biden doesn't let companies be their own custodians is a security and safety regulations. Plus thinking that Biden personally seeks over this issue is naive, there are other politicians that takes care of these things.

Next thing you know, when SEC jails a person for crypto fraud, you are going to blame Biden for doing something like that. Hell, Trump is just promoting lawlessness, and while you may want that for your crypto venture, you may dislike it when someone steals your money and judge just lets him off. That's what Trump promises, whoever scams you ,will go free, and Biden says no he won't. I am not American so I won't vote, but if I did, Biden would have gotten my vote.

[uneng]

Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?

That is what the political propaganda wants you to believe. In fact, reality is different than that. There aren't good politicians supporting Bitcoin and going against the evil fiat system. They are all part of the system and will act against independent, autonomous and free individuals as soon as they reach power positions. So, why to waste time supporting one politician or another? It's precious time you have to develop yourself in your personal private life, so use this time at your favour, instead of building stairs for politicians to climb up over you after all.

The truth is that it's Trump and Biden vs. Bitcoin. Trump and Biden want to use you at their favour, while you can choose being used by them or to use Bitcoin in your own favour. What do you prefer?

[GbitG]

These politicians are just like chameleons. Where these people see benefits for themselves, they become chameleons, that is, ready to adopt any color to get prey. We saw D.Trup's previous statement that he used to look down on Bitcoin and call it an undesirable thing, but now he sees that 60℅ people in America have adopted Bitcoin, so now he knows it as an opportunity to adopt the color of Bitcoin. it's mean started talking in favor of Bitcoin to become prominent in the eyes of people and they will make me president by voting for me.
 
So I claim that these people are like chameleons, they change color quickly. If D. Trump becomes president, there is no guarantee that he will fulfill his promise because now his only intention is to become president and not a fan of Bitcoin. So I think he may change his mind tomorrow.

[Hamza2424]

Hmm, First of all, this is just my post to make a joyful/enjoyable moment for everyone as we are tired of reading stuff that needs some spice as well.

Trump: hey Biden stay out of it, the crypto industry is mine (Bitcoin especially).
Baiedn: Stop this nonsense, then how I'm gonna get sympathy votes?
Stoshi (Wild card entry  ): Shut your ass kids, it's mine.

Ahhhh cant put flavor on it, need some time to prepare a good funny debate anyway I can add something from Ai let's see what Ai thinks on this topic maybe it can be funny its much lighter compared to mine. AI the sigma troller haha...

Trump: "Joe, you're flip-flopping on Bitcoin again? I've been backing Bitcoin for years. It's the future, like my presidency was supposed to be!"

Biden: "Oh, come on, Don. Bitcoin might be solid, but I’m not sure if it's ready for prime time. Besides, it’s not like you need more volatile assets. Your hair’s already unpredictable enough!"
Trump: "Bitcoin is strong, Joe, just like my supporters. Unlike your policies, it’s not going to fall apart in a year. I’m telling you, we should have a Bitcoin campaign fund!"
Biden: "Bitcoin campaign fund? Let’s be real, Don. You just want to dodge campaign finance rules. Plus, I’d rather my donors not have to decipher crypto wallets – some still write checks!"
Trump: "Typical, Joe. Stuck in the past. Bitcoin is the way forward. It’s decentralized, just like how I prefer my government!"
Biden: "Decentralized? Sounds like your administration. No structure, just chaos. I prefer stability. Besides, Bitcoin's energy consumption is through the roof. Are you planning to power it with your hot air?"
Trump: "Energy consumption? Fake news! It’s called innovation. And unlike your policies, Bitcoin's growth isn’t going to slow down. Join the revolution, Joe, before it’s too late!"
Biden: "Alright, alright, Don. Maybe I’ll consider it. But only if we can use it to build back better. And promise me no Trump NFTs, okay?"
Trump: "No promises, Joe. But trust me, Bitcoin will make our campaigns great again. Just like I did with the economy!"

source=(AI genrated)

Edit: I'm not sure if this kind of post is allowed or not but I've mentioned the references and Source, so I think there won't be any issue let's wait, for the moderator's action.

[electronicash]

These politicians are just like chameleons. Where these people see benefits for themselves, they become chameleons, that is, ready to adopt any color to get prey. We saw D.Trup's previous statement that he used to look down on Bitcoin and call it an undesirable thing, but now he sees that 60℅ people in America have adopted Bitcoin, so now he knows it as an opportunity to adopt the color of Bitcoin. it's mean started talking in favor of Bitcoin to become prominent in the eyes of people and they will make me president by voting for me.
 
So I claim that these people are like chameleons, they change color quickly. If D. Trump becomes president, there is no guarantee that he will fulfill his promise because now his only intention is to become president and not a fan of Bitcoin. So I think he may change his mind tomorrow.

people believe it after all noting will happen if they don't believe his promises and he is making the shit show funnier. i still hope to see a debate while he is in jail.

Trump can gather a lot of people every time in his rally campaign though so the support for him is huge but i doubt the admin will really allow him to win. Biden is doing everything to crush Trump even on Twitter they are all up for Trump because of him being crypto president.

[d5000]

In general I applaud that at least both candidates at least are now taking into account Bitcoin users and trying to get advantage of them. As already 5-10% of the population, not only in the US but in many other countries too, are crypto users, I believe this demographic could be decisive in elections in the next years (see also this thread).

I however don't believe that neither Trump (due to his campaign speeches) nor Biden (due to the ETF approvals) are really pro-crypto. So no, I don't agree that much with this thread OP.

Biden was the one that ETF passed when he was president? How come we do not see that as something good, [...]

I think Biden is closer to the TradFi space, and TradFi is the main entity benefitting from the ETFs, not so much Bitcoin itself. Bitcoin hodlers may have got a phenomenal bull market, but IMO bull market would have come anyway, just a little bit slower.

The big problem with the Biden administration is however their (assumed due to several high profile cases against mixers, from Blender/Sinbad to Tornado Cash) very restrictive stance about privacy in crypto, undermining censorship resistance and fungibility, and parts of the Democrats are even worse (Warren). Trump on the other hand is more authoritarian when it comes to accepting the division of powers, and thus, if Trump eventually became anti-crypto or anti-privacy, many things could become worse also in the crypto space. I think thus, Americans have to elect between a rock and a hard place.

By the way, from those saying only Biden is senile: from what I've read Trump is at least similar or even worse in this regard, confusing even US presidents ("Ah, Obama isn't in charge anymore?" ).

[philipma1957]

Here is BTC scoreboard.

Ath April 2021 Biden
Ath Nov 2021 Biden
Ath Mar 2024 Biden
EFT for BTC   Biden



Trump passed the bill that banned all like kind crypto trades from tax reporting.


Op should lock thread as Biden is fine for crypto Trump is not.

BTW my position is they are both older than my age of 67 which is too old to be president.

Every nite before I sleep. I ask for a dailydouble of death.

Biden + Trump should die tonight in their sleep of natural nonviolent causes.



pretty sure asking for this is legal in the USA and on this website.

[bettercrypto]

That's not really surprising anymore; we know that when there is an election, they always say the words that will attract the voters so that the communities think that they really support what they know the voters benefit from.

And most of the sweet words that are thrown when they win do not happen or come true when they are sitting in the position they are running. We also know who really has an interest in Bitcoin or cryptocurrency. We are living between two competitors; surely only one of them is pretending to support Bitcoin over fiat.

[pinggoki]

Bitcoin doesn't go back on its words though, maybe all of this "support" that Trump has for bitcoin is just a matter of making sure that he's got the vote of the bitcoin investors in the upcoming election and then when he's in position, he'll never care about us again, pretty sure that it's going to happen. I don't really believe in any politicians promising anything, I've been here in this world for a really long time, I haven't seen yet any politicians doing what they've promised to do after they're seated in a position of power.

[BlackBoss_]

You are right that we should not rely too much on these opinions, which are for political convenience and may change in the future if they believe that what suits them is something else.

Believing in politicians is one of most dumbest things to do because they are liars, more or less only.

Anyway regarding bitcoin Trump would not be the first one who did not like bitcoin and happens to like it, plus I think he has seen a niche of votes from people concerned about privacy, which would be more generally Republican people, who do not trust so much the state and its CBDCs.

Politicians can change their mindset and strategy if they need to change it to benefit their political career. Entrepreneurs or businessmen can change theirs too but if their benefit is bonded with one thing like Peter Schiff with gold, he has been against Bitcoin for many years even he knew about it too early.

Like politicians, I can not trust Peter Schiff and his words and I have conspiracy theory that he can accumulate bitcoin silently.

These two are only like dumb and dumber

I agree and I am very surprised that in the big country with many talented people, how did they let two very old men to represent two biggest parties again in the coming President Election. Nobody can replace Trump and Biden for their parties in the Election, that's strange.

Besides, certain things like US regime's attitude toward Bitcoin is not up to the president...

President is a job that is usually expired after 4 years or can be expanded 4 more years and a President can have that job up to 8 years maximum. After 4 or 8 years, they done their jobs and can think of other things.

[legiteum]

Bitcoin went up 500% under President Biden.

Trump vs. Biden is like a roulette wheel versus a sure thing. The safe bet for the next presidency is to stick with the winner, which is Biden.

Trump is promising massive change. He says he will immediately deport 5% of the American workforce, which, besides the lost productivity, will cost our country hundreds of billions just for the police force to do it.

Trump is promising to make abortion illegal in all 50 US states, which will require a massive new police state like we've never seen before, and police states tend to crack down on things like digital currency since you could use it to pay for those illegal abortions, or pay for transporting somebody out of the country in order to have one without the police finding out.

Trump is a convicted criminal who has shown that he is loyal only to himself. If, god forbid, he or his family figure out that money can be made with cryptocurrency speculation, Trump will promptly make Bitcoin illegal so he can instead promote his own private currency. Remember that Trump pardoned criminals who ripped off his own supporters in a phony "build the wall" scam. Trump doesn't care about you, about me, or even his own supporters. He's running to stay out of prison and to rip off as much money as he possibly can.

The safe bet is sticking with the president under which Bitcoin went up 500%.