Trump vs. Biden is almost like Bitcoin vs Fiat

[temple]

On the other hand, Trump is a businessman. So he can understand the potential of cryptocurrency. That's why he is talking to the enterprises and company leaders to understand the impact of cryptocurrency from the business perspective.

He is not exactly a businessman, he is more of a showman with a good advertising team who know what the hot topics are and can create good speeches for him to attract the public (or better said the sheeple). The same people who have forgotten that in the final months of his term, Trump was pulling off a Reichstag Moment and it would have succeeded if it weren't for his own Chairman of the Joint Chief of Staff (the highest-ranking and most senior military officer in the United States Armed Forces, general Mark A. Milley).

So does his fake promises regarding crypto really matter when his own cabinet described his actions as the same actions by Hitler and the Nazi regime before solidifying their power?

The Reichstag Moment was insane and guess what he is doing now that he has been found guilty on 34 charges. In one of his most recent interviews he said this:

“I don’t know that the public would stand it, you know? I don’t — I’m not sure the public would stand for it,” Trump said in an interview on Fox News’s “Fox & Friends Weekend,” when asked about the possibility of house arrest or jail time.

“I think it’d be tough for the public to take. You know, at a certain point, there’s a breaking point,” Trump added.

In other words, he has once again been intentionally playing rhetorically with the possibility for another riot should he get sent to jail. The way he does it knowing what happened back then shows how reckless he can be when it comes to civil peace.

[marlo1001]

I think that every pro crypto person should vote for Trump, he at least trying to be a crypto guy

[pooya87]

The Reichstag Moment was insane and guess what he is doing now that he has been found guilty on 34 charges.

The US constitution is in serious need of some addendums.
A convicted felon is not allowed to vote in USA but at the same time convicted felons (even from behind bars) can run for presidency and even become president!

In other words, he has once again been intentionally playing rhetorically with the possibility for another riot should he get sent to jail. The way he does it knowing what happened back then shows how reckless he can be when it comes to civil peace.

Well, when they didn't put it behind bars for crimes including incitement of insurrection, of course he is going to do it again.

You know what's the most absurd part of it is? Some of his crimes are categorized as Federal Crimes (like the 32 felony counts in violation of the Espionage Act) and if he manages to win the election he could pardon himself on day one... 🤦‍♂️

[coolcoinz]

Put it this way, if there is an overall business context that has done really well for you, and somebody comes along and promises to drastically change that context, the smart move is to resist the change.

1. Biden was doing a lot of things to slow down the growth of Bitcoin. We don't know how it would do if Trump won that last election. Maybe it would do better?

2. Under trump bitcoin was growing too. May I remind you that trump was nominated in January 2017, so during his presidency there was one of the biggest bull markets in history, taking bitcoin to 20x of its last ATH. Have you seen such price appreciation during Biden's presidency? All I've seen was a mere 3.5x in 2021 and 3 years later we're still at that level.

Trump is the one who fell asleep during his trial a few week ago.
Biden has never done anything of the kind. You are getting your US news mixed up .

That trial was so boring that you'd fall asleep too and Trump said he just closed his eyes a few times and was never asleep. I wouldn't be surprised if the media wanted to make a bigger thing out of this than it really was.

And regulations like the ones Elizabeth Warren advocates, to protect average consumers, helps increase the price of Bitcoin.

That's complete and utter lie. Do you feel protected by Elizabeth Warren? How is she protecting anything by screaming that bitcoin is bad for the environment, or trying to tax bitcoin miners to force them out of the country? I feel like you're trolling here, trying to get emotional response out of us.

Just take a look at what the FTX scandal did to the price of Bitcoin.

That happened under the nose of the SEC. Gensler was meeting with SBF in person. This shows they don't care about any consumer porotection, but money. They cared that SBF donated money to their campaigns and paid a shitload in taxes.

Now imagine what would happen if, instead of being thrown in prison for that, SBF was given the presidential medal of honor because he made a massive contribution to Trump.

Didn't he donate more to the Democrats? If anybody should give him the medal it's Biden.
SBF was caught because he was too greedy and went bankrupt, not because of Biden, Warren or Gensler.

[legiteum]

That trial was so boring that you'd fall asleep too and Trump said he just closed his eyes a few times and was never asleep. I wouldn't be surprised if the media wanted to make a bigger thing out of this than it really was.

So:

1. There's no evidence that Biden has ever fallen asleep in any sort of meeting, but you are going to believe that anyhow.

2. There's evidence on video of Trump falling asleep in his criminal trial, but you choose not to believe that.

You aren't following the evidence, buddy . You are following your heart. You can love Trump all you want, but you don't get to choose your own facts .

That's complete and utter lie. Do you feel protected by Elizabeth Warren? How is she protecting anything by screaming that bitcoin is bad for the environment, or trying to tax bitcoin miners to force them out of the country? I feel like you're trolling here, trying to get emotional response out of us.

Not everybody here is a hard-core Republican who watches Fox News all day. There exists other viewpoints in the world, believe it or not .

When I get my wireless bill and it no longer has hidden BS fees, I "feel protected by Elizabeth Warren" because she helped create the laws in Congress that took those things out of there.

And Bitcoin went up 500% in the last three years so there's simply no evidence that all of this evil you allege Warren or whatever Democrats is having any negative effect on Bitcoin. It's clearly thriving, so my guess is that you are simply in favor of Trump and the Republicans winning for reasons not related to Bitcoin--which is totally fine.

Just take a look at what the FTX scandal did to the price of Bitcoin.

That happened under the nose of the SEC. Gensler was meeting with SBF in person. This shows they don't care about any consumer porotection, but money. They cared that SBF donated money to their campaigns and paid a shitload in taxes.

The authorities in the Biden administration put SBF in prison and rescued the Bitcoin market from almost certain ruin. Again, if you are interested in Bitcoin, and the price of Bitcoin staying stable or going up, then there's no argument to be made against Biden and the Democrats.

Now imagine what would happen if, instead of being thrown in prison for that, SBF was given the presidential medal of honor because he made a massive contribution to Trump.

Didn't he donate more to the Democrats? If anybody should give him the medal it's Biden.
SBF was caught because he was too greedy and went bankrupt, not because of Biden, Warren or Gensler.

He sure did. But because Democrats are (sadly) unique in their dedication to law and order among our major political parties today, SBF's donations to the Democrats did not help him at all. He was imprisoned regardless. Democrats prioritized law and order.

Only Trump takes donations in exchange for pardoning criminal acts.

[Mate2237]

Things or promises of politicians in the US or any other advance countries are different from the African counterparts. It not those promises of Trump we won't take it serious because our leaders are opposite to their promises.  But in the in the developed countries leaders do what they promised so if Trump promise to support bitcoin then there is no doubt and that means mean Mixers will come back again.

And once US support bitcoin then the price will increase very well again. So we waiting for the good days ahead. The election is holding in the month of 5 November 2024 and after that date we will o ow that next fate of bitcoin.

[Abiky]

Although the politicians can change their words easily from time to time and Trump was previously against Bitcoin, but with many cases that happens during Biden's presidency, I think people will not choose Biden anymore. Human aren't perfect, so people will choose the least evil one instead the best.

People aren't happy to see Biden proposed to tax mining and tightening the regulations, not to mention about many war that still not end yet. Trump high likely will win, even he can't keep his words, at least people can learn to not vote him in the next election.

Of course they wouldn't choose Biden. Especially with his administration's stance against the crypto/Blockchain industry. Regulations have been much stricter under President Biden than any of his predecessors (mainly Donald Trump). Smart voters know which candidate to choose as the next POTUS. It's likely crypto supporters will side with Trump in Election Day. Even Trump himself has publicly stated his support for crypto in his campaign. RFK Jr. also did the same, but the number of people following him are quite small. We can't expect much from an independent (no political party affiliation) Presidential candidate.

If Trump wins, Bitcoin will emerge victorious. But if he loses, it'll be game over for BTC in America. At least, that's the way I see it. Hopefully, Americans decide what's the best path forward for crypto in the country before it's too late. 

[OgNasty]

If Trump wins, Bitcoin will emerge victorious. But if he loses, it'll be game over for BTC in America.

I went ahead and fixed that for you. Crypto be damned, America can’t survive another 4 years like these last 4. They’re already shilling the bird flu in an attempt to get more lockdowns. Soon you’ll see more fires starting at poultry farms and government mandated slaughtering of cows. Conspiracy theories aren’t even as evil as the truth with this administration…

[MinoRaiola]

Trump has recognized the opportunity to get more donations like Biden when it comes to cryptocurrencies. So I see that as one of the biggest differences and so far it might even work out quite well. If its true, then this is his wallet: https://platform.arkhamintelligence.com/explorer/entity/donald-trump and there are currently around $19,500,000 there. Some of it is from the beginning of this year, but maybe he will get more in crypto. So Biden maybe a bit annoyed because he didnt come up with the idea, Traump is the better businessman.

[coolcoinz]

1. There's no evidence that Biden has ever fallen asleep in any sort of meeting, but you are going to believe that anyhow.

Really? What about the Memorial Day video? I'd say he's napping, but yes, there's no proof that he is. You'd have to be sitting net to him to hear his breath and know that he's out.

And Bitcoin went up 500% in the last three years so there's simply no evidence that all of this evil you allege Warren or whatever Democrats is having any negative effect on Bitcoin. It's clearly thriving, so my guess is that you are simply in favor of Trump and the Republicans winning for reasons not related to Bitcoin--which is totally fine.

500% in 3 years? Since mid 2021? Where did you get these numbers? In Spring and Summer 2021 the price was between $30 and 60k and this year it's in the 50-70k range. Count that again because it doesn't add up to 500%

Also, how are you going to prove that what bitcoin did in the last 3 years wouldn't be 3x that if there was no Democrats to mess with it?

The authorities in the Biden administration put SBF in prison and rescued the Bitcoin market from almost certain ruin.

They also allowed him to run his scam for years before it blew up.

Democrats are (sadly) unique in their dedication to law and order among our major political parties today,

 
That's some funny shit.

[legiteum]

1. There's no evidence that Biden has ever fallen asleep in any sort of meeting, but you are going to believe that anyhow.

Really? What about the Memorial Day video? I'd say he's napping, but yes, there's no proof that he is. You'd have to be sitting net to him to hear his breath and know that he's out.

Again, you believe what you want to believe because of your political beliefs. Trump is "young" and Biden is "old" even though they are in a statistical dead-heat in terms of age .

And Bitcoin went up 500% in the last three years so there's simply no evidence that all of this evil you allege Warren or whatever Democrats is having any negative effect on Bitcoin. It's clearly thriving, so my guess is that you are simply in favor of Trump and the Republicans winning for reasons not related to Bitcoin--which is totally fine.

500% in 3 years? Since mid 2021? Where did you get these numbers? In Spring and Summer 2021 the price was between $30 and 60k and this year it's in the 50-70k range. Count that again because it doesn't add up to 500%

Also, how are you going to prove that what bitcoin did in the last 3 years wouldn't be 3x that if there was no Democrats to mess with it?

Sorry, I mean during Biden's presidency. I forget that we're already in June...

The authorities in the Biden administration put SBF in prison and rescued the Bitcoin market from almost certain ruin.

They also allowed him to run his scam for years before it blew up.

Um, Trump was president before Biden was. You know that, right?

SBF started under Trump and then under Biden, he was put in prison.

Trump is the president who pardoned convicted criminals who donated to his campaign, not Biden.

https://www.politico.com/news/2021/01/20/donald-trump-pardons-460932

[BuyingBitcoin]

Lol fair comparison. Biden just prints money and never once supported Bitcoin. Trump has supported Bitcoin and is Republican which is more capitalist than Democrats. Republicans are also against printing money.

[Wakate]

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?

We are still not certain what will happens If Trump actually becomes the president, that's if he is elected as the president. The two candidates has been saying a lot of things trying to attract the mind of voters so that they can win the election. We all want to see huge adoption of cryptocurrency that is why many could be in support of Trump but what about those people that do not understand what cryptocurrency could be? They might starts thinking it something contradicting entirely but we still going to see what the election would look like. Crypto adoption will continue with time no matter the policy the government introduce.

[legiteum]

Lol fair comparison. Biden just prints money and never once supported Bitcoin. Trump has supported Bitcoin and is Republican which is more capitalist than Democrats. Republicans are also against printing money.

Trump used to hate Bitcoin before three weeks ago.

And today Republicans are not "capitalist" anymore--you need to update yourself on US politics.

And Republicans are not against "printing money" by which I assume you mean running fiscal deficits. Trump ran the biggest deficits in the history of the USA and said that if he were elected we would have run bigger ones.

You seem to have a 1990s view of the Republican party. I like that one a lot better too. But that isn't what exists anymore. Today the Republican party is the crazy one, and Democrats are the rational and stable ones.

[tread93]

Lol fair comparison. Biden just prints money and never once supported Bitcoin. Trump has supported Bitcoin and is Republican which is more capitalist than Democrats. Republicans are also against printing money.

Trump used to hate Bitcoin before three weeks ago.

And today Republicans are not "capitalist" anymore--you need to update yourself on US politics.

And Republicans are not against "printing money" by which I assume you mean running fiscal deficits. Trump ran the biggest deficits in the history of the USA and said that if he were elected we would have run bigger ones.

You seem to have a 1990s view of the Republican party. I like that one a lot better too. But that isn't what exists anymore. Today the Republican party is the crazy one, and Democrats are the rational and stable ones.

I don't think Trump really ever hated bitcoin, do you have a source of this? He only stated that bitcoin was a threat to the US dollar https://www.bbc.com/news/business-57392734, which it is, especially to the US government & their interests in holding the world reserve currency. But since you can't beat em join em! The SEC was forced to embrace bitcoin in the form of ETFs so next stop is regulations & that is one thing that the Biden Administration is really cracking down on but I do not believe they have the average joe bitcoin holders best interest's at heart they just want to tax this shit out of any capital gains and I would argue that dems would try to put into law lots of policy that would not be helpful to crypto holders.

Trump started toying with the NFTs a few years back and was monumentally successful with his "Trump Cards" & I think that is one area that he began to change his mind. Along the way he realized that Bitcoin was catching on, and you can argue all you want that Biden was great for bitcoin and crypto with policies and how he handled the whole SBF thing in 2022 & all that but I would argue to say that Bitcoin is doing so great, partly, because Biden is such an awful president. This definitely had to play a role in the publics decision making to embrace it, simply seeing the US being pushed to a fork in the road due to terrible leadership bringing forth much fear and uncertainty as well as creating a lack of faith in the US dollar with unhealthy printing of currency & the current government's ability or lack there of to do right by the American people.

Its clear that Biden doesn't give a fuck about Americans he would rather see his own suffer with crazy inflation and down play that there even is inflation to help fund a bullshit war and do everything he can to fast track America into being a shit hole aka not securing the boarder aka forcing people to take a bs vax & penalizing Americans on their own turf & passing along a few $1200 checks to make them feel special, meanwhile he's writing checks for billions and billions of dollars to other countries & won't even hardly put a dime towards helping his own country by comparison. I think this has only caused Bitcoin to be adopted much more frankly because Biden sucks ass. That is one theory, & I bet you that I'm partially right here lmao.

[passwordnow]

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 might be redeeming himself to have more votes from crypto people. It's known that The Internet don't forget, many times Donald Trump says bad about Bitcoin but because the election is coming, he's becoming a good boy and becoming one of us.

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.

He has to get as much support as he can because of it. That's why he's going to the wrong guy. Elon was the same as him but then, known to be a memecoin shiller - Doge. But if he wants to talk about crypto policies, he should to the people that are known to this or talk with the exchange owners.

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's apples and oranges comparison and I don't think this topic should be on the bitcoin discussion because this is appropriate on the: Politics & Society.

[Z-tight]

I think that every pro crypto person should vote for Trump, he at least trying to be a crypto guy

I don't think so, let us separate crypto from politics, nobody should vote for either candidate on the basis of being a 'crypto guy', i would not even call any of them that, they have said bad things about BTC in the past and saying a few good things now to score points before the election does not count in my opinion.

Can we please end this discussion about politicians and BTC, i want our network to be as far away from politics and politicians too.

[EFS]

I don't see anything like Bitcoin vs. Fiat as you said. Various promises are made during the election period. I don't think there will be a change in the status of Bitcoin no matter who is elected. Besides that, If you are naive enough to trust what Trump says, you will be cheated a lot in this life.

[NotATether]

Trump does not care about Bitcoin.

Why are you guys so gullible?

Even if he wins, there is no guarantee that his administration won't crack down on crypto themselves.

And frankly, if you can't understand this, I don't know how you manage to protect your coins from malware and phishing links.

[legiteum]

I don't think Trump really ever hated bitcoin, do you have a source of this? He only stated that bitcoin was a threat to the US dollar

In the context in which he said that, it was clearly not a compliment.

Its clear that Biden doesn't give a fuck about Americans he would rather see his own suffer with crazy inflation

The inflation we're now seeing is the obviously the result of the and started under Trump, not Biden. Trump insisted on stimulus checks that were bigger than what Biden suggested and ultimately passed.

I suspect you want Trump to win for reasons other than economic or for Bitcoin, e.g. abortion laws or something.