Trump vs. Biden is almost like Bitcoin vs Fiat

[Abiky]

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.

He didn't regulate crypto with a "heavy hand" during his first term as President. Did he? At the time, the SEC chairman was Jay Clayton and under his leadership, the agency treated crypto lightly. There were no claims of "unregistered securities" nor prosecution of crypto exchanges. The current administration has done more harm than good to the entire crypto/Blockchain industry. Several companies/exchanges/firms left the US due to harsh regulations. Even the Tornado.Cash mixer was sanctioned by the US under Biden's leadership. Not to mention, the government went after Samourai wallet due to concerns of money laundering (especially when it made use of a non-custodial mixing technique).

Actions speak more than words. And Biden has shown Americans that he dislikes crypto. Voters know which candidate to choose during Election Day. Maybe Trump's promises will take him back to the White House? Only time will tell. Hopefully, crypto remains legal in America forever.  

[ChiBitCTy]

I see it more like Bitconnect versus OneCoin lulz.  You know my disdain for Donny Trumpers of course, but I have a high disdain for Biden as well.  I do see what you mean with the comparison..but I wouldn't give Donny boy that much credit.  He is going pro-bitcoin , saying he wont make a USD coin etc.  He's just using it as a voting tactic, but..I do respect that and agree.  Not to mention how hypocritical of him it would be if he ended up being anit-crypto being that he made all those ridiculous NFTs.

[legiteum]

Actions speak more than words. And Biden has shown Americans that he dislikes crypto. Voters know which candidate to choose during Election Day. Maybe Trump's promises will take him back to the White House? Only time will tell. Hopefully, crypto remains legal in America forever.  

Yep, actions speak alright: Bitcoin went up 500% under president Biden.

Biden has never shown he "dislikes crypto" any more than he "dislikes the Apple Watch" or he "dislikes Burger King". He doesn't care. It's just another product out there among millions.

The only reason Bitcoin would be made illegal would be because the Trump administration needs to ban it because it can be used to pay for abortions, which they plan to make illegal across the country. Stopping millions of women (and men) from doing what they need to do is going to require a massive new police state, and Bitcoin very well may be eliminated when that happens.

The safe bet here is to stay with the president that presided under a massive appreciation of Bitcoin, not take chances on radical change that could screw up absolutely everything.

[Easteregg69]

Is this the right place to complain about Twitter X? If so.

I don't like being rate limited. Cheers.

Like you have to save on database space. Cheap bastards.

[JusticeSolus]

Not necessarily,

Kennedy was a democratic candidate and wanted to put the entire U.S. money system on a blockchain.

Wondering why we chose Biden over Kennedy 

[philipma1957]

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.

He didn't regulate crypto with a "heavy hand" during his first term as President. Did he? At the time, the SEC chairman was Jay Clayton and under his leadership, the agency treated crypto lightly. There were no claims of "unregistered securities" nor prosecution of crypto exchanges. The current administration has done more harm than good to the entire crypto/Blockchain industry. Several companies/exchanges/firms left the US due to harsh regulations. Even the Tornado.Cash mixer was sanctioned by the US under Biden's leadership. Not to mention, the government went after Samourai wallet due to concerns of money laundering (especially when it made use of a non-custodial mixing technique).

Actions speak more than words. And Biden has shown Americans that he dislikes crypto. Voters know which candidate to choose during Election Day. Maybe Trump's promises will take him back to the White House? Only time will tell. Hopefully, crypto remains legal in America forever.  

he crushed crytpo in dec 2017 crypto was whaling he passed the no like kind trade law. and fucked every usa crypto trader as of jan 1 2018.

and crypto crashed and burned in 2018 with the like kind no reporting no tax consequence trading ending.


I was I had full asscess to this thread of lies saying trump is good for btc.


he was not good back in 2017.

[Easteregg69]

Not necessarily,

Kennedy was a democratic candidate and wanted to put the entire U.S. money system on a blockchain.

Wondering why we chose Biden over Kennedy  

"Computer please open the hatch!". How did you like that one?

I am big in MAGA right now. For not siphoning funds. I get my allowances.

[Cookdata]

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?

I wish the two of them can just step back and chill and allow a fresh candidate to rule US so we can see a new direction with all the policy they are trying to put in one. Biden is just old man who is fighting for power and the age is affecting him, it's all obvious and most of his decisions are been fuel by people who want to see him in power while Trump is just another psychopath who is hungry for power to complete his lunatic system.

I read about Robert Kennedy Jr in one of the thread I created and I was surprised that what Trump is pushing was actually not his idea, it was first started by Robert but I guess he doesn't have a strong hold in the US like Trump and Biden. It's better politicians don't weaponized crypto, they have always called it all sort of name, this is not the right time to solicit the support of the community, two clowns and entertainers.

[pooya87]

He didn't regulate crypto with a "heavy hand" during his first term as President.
The current administration has done more harm than good to the entire crypto/Blockchain industry.

You should compare each administration with its predecessor not the next one.
It's a trend that is happening all around the world and not just in USA. Biden is worse than Trump, Trump was worse than Obama (Bitcoin didn't exist during Bush admin.). The regulations for the crypto world is getting tighter and tighter. Next administration will get tighter regulations as well.

I dare say that even if Satoshi Nakamoto were to become US president this year, the regulations, KYC enforcements, the banning of anything remotely privacy related such as mixers, etc. will continue at a faster pace.

Governments want control and despise losing it. They will not stand idly by watching people reach financial sovereignty and they will not accept not-being able to for example shut down all their bank accounts and seize all their money any time they wanted to. So they'll start hitting back...

[shield132]

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?

Trump does everything that he can do to get votes and beat Biden. His approach is very shady to my mind and if I were a Trump voter, I would seriously consider the level of his hypocrisy. No one should trust Trump about the promises that he gives away to get votes because if he gets the power, then that power will be abused and he will do whatever he thinks is right to crypto.

Anyway.  I do not get this.  Even if Trump versus Biden was like Bitcoin versus Fiat, what does this help any of us with?

The USA is the number one country, if they make Bitcoin legal and help its adoption, this will be a message for other countries to do the same and billions of dollars inflow will skyrocket Bitcoin prices and the availability of stores/services that will accept Bitcoin payments.

[Abiky]

You should compare each administration with its predecessor not the next one.
It's a trend that is happening all around the world and not just in USA. Biden is worse than Trump, Trump was worse than Obama (Bitcoin didn't exist during Bush admin.). The regulations for the crypto world is getting tighter and tighter. Next administration will get tighter regulations as well.

I dare say that even if Satoshi Nakamoto were to become US president this year, the regulations, KYC enforcements, the banning of anything remotely privacy related such as mixers, etc. will continue at a faster pace.

Governments want control and despise losing it. They will not stand idly by watching people reach financial sovereignty and they will not accept not-being able to for example shut down all their bank accounts and seize all their money any time they wanted to. So they'll start hitting back...

Politicians are politicians. They usually lie just to get what they want. Would you imagine Trump not keeping his promises after being elected? Just like Javier Milei once he rose all the way to power. He forgot about abolishing the central bank and replacing the Argentine Peso with the USD or BTC. The same could happen with Donald Trump.

It seems that crypto is a subject of debate in politics. It could drastically change the outcome of elections this year. Between Trump, Biden, and RFK Jr., it seems to me that Trump is the most pro-crypto presidential candidate. For that reason alone, many crypto supporters will vote for him. We'll only know if he'll keep up with his promises after being re-elected. The future is widely unpredictable, so we can only hope for the best.

[Die_empty]

He didn't regulate crypto with a "heavy hand" during his first term as President.
The current administration has done more harm than good to the entire crypto/Blockchain industry.

You should compare each administration with its predecessor not the next one.
It's a trend that is happening all around the world and not just in USA. Biden is worse than Trump, Trump was worse than Obama (Bitcoin didn't exist during Bush admin.). The regulations for the crypto world is getting tighter and tighter. Next administration will get tighter regulations as well.

I dare say that even if Satoshi Nakamoto were to become US president this year, the regulations, KYC enforcements, the banning of anything remotely privacy related such as mixers, etc. will continue at a faster pace.

Governments want control and despise losing it. They will not stand idly by watching people reach financial sovereignty and they will not accept not-being able to for example shut down all their bank accounts and seize all their money any time they wanted to. So they'll start hitting back...

We shouldn't think that a president can automatically change the operations of a country automatically. Some strong anti-bitcoin forces in the US Congress will do everything possible to sponsor bills aimed at regulating the Bitcoin ecosystem. Some regulatory agencies are independent and the President has no power over them, so it will be difficult to push them to make Bitcoin-friendly laws.

Although Trump is asking for donations from the crypto community, there is no way he can get more donations from the sector than what he would get from centralized financial institutions. Big banks and other institutional investors will give him the biggest donations and he would have to make policies that will promote their business. These laws will be anti-decentralization which will also give them the chance to control the system.

[OgNasty]

I’m just glad I got my bets for President in early because Biden’s odds of winning are sinking like a stone as he continues to embarrass himself and spout lies around the country. Anything can happen when known cheaters are involved, but I think it’s likely that Joe Biden is going to lose the Presidency by the most votes in American history, and I’d make that bet.

[irhact]

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?

I don't believe anything that politician says during their campaign period as they can change their words later and we can't do anything about that. He might be pro Bitcoin now as he needs votes from anywhere he can get them but when he enters the seats of the president, he'll forget all the promises he gave to the Bitcoin supporters. I think they both are fiats and I don't believe anything any of them are saying. Bitcoin doesn't need any of them for it to keep succeeding.

Any of them that wins won't matter as they can't stop Bitcoin. My thought on this matter is that Donald trump needs to do more than seeking the support of the Bitcoin supporters as he needs more votes from fiats believers than he does from Bitcoin believers to win the seat of the white house therefore he should focus his marketing elsewhere and leave us out of their politics before we become victims when the campaigns are over.

[Taskford]

I’m just glad I got my bets for President in early because Biden’s odds of winning are sinking like a stone as he continues to embarrass himself and spout lies around the country. Anything can happen when known cheaters are involved, but I think it’s likely that Joe Biden is going to lose the Presidency by the most votes in American history, and I’d make that bet.

He's attack on crypto industries and other bad decisions made are the reason why he's popularity also chance to retake his seat sinks. That's why Trump see's that opportunity to use for his campaign and portray to public that he's bitcoin and crypto friendly to show something that he's innovative guy then open for some great changes on US markets. But I still don't believe what that guy said since we are now on campaign period, those politicians will use whatever they can to make their names standout among their fellow candidates. Since what's important for them is to win nothing else more.

But we all know that Trump is hot nowadays and it seems like he have a good chance to take the presidency again. So lets just hope for better and he will follow what he said on campaign period backed bitcoin then US will became better place for crypto users.

[BlackBoss_]

He's attack on crypto industries and other bad decisions made are the reason why he's popularity also chance to retake his seat sinks. That's why Trump see's that opportunity to use for his campaign and portray to public that he's bitcoin and crypto friendly to show something that he's innovative guy then open for some great changes on US markets. But I still don't believe what that guy said since we are now on campaign period, those politicians will use whatever they can to make their names standout among their fellow candidates. Since what's important for them is to win nothing else more.

But we all know that Trump is hot nowadays and it seems like he have a good chance to take the presidency again. So lets just hope for better and he will follow what he said on campaign period backed bitcoin then US will became better place for crypto users.

We can not trust Trump but his change in strategic approach for his campaign before the President Election actually forced Biden and his team to change. SEC approved ETH Spot ETF applications because they didn't want to lose many support and votes to Trump by being anti Bitcoin and cryptocurrency industry some months before the Election.

It's not easy to know will Biden team keep up their promise and approach to be more friendly with blockchain industry and cryptocurrency market if they successfully defend their positions in the White House after this year election. Think positively, the campaigns before President Election in November helped us to have Bitcoin Spot ETFs and Ethereum Spot ETFs in 2024. It's good if we ignore other things that can be negatively or vague now.

[temple]

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... 🤦‍♂️

This is what I was just recently asked and I wasn't sure whether he could pardon himself. Can he literally do that or would he need some kind of majority vote from anyone, the congress I guess? Can he just take pen and paper and free himself of any convictions and sentences? It's absurd.

What's your guess, will he win it? Or is this rather a 50/50 unpredictable thing? I have this feeling that this guy has some aces of all sorts up his sleeves.

[Blitzboy]

This crypto thing is at a crossroads, folks, and its really obvious where we need to go. Watch Trump; he understands. Talking to the major players, the global Elon Musks, is he. He's all about letting people control their own money, their own digital assets. That is enormous! That is how, not some other nation, America becomes the leader in this.

President Biden? He is, perhaps, being a touch too cautious. That veto of his, though. Innovators wont exactly get a lot of praise for this. He's dragging us down with his one foot in the old finance world. That cant happen.

Let me tell you, this isnt just about bitcoin or ethereum or whatever new coin comes out tomorrow. Its about freedom. Giving each person an opportunity to become financially independent is the goal. It also concerns maintaining America's top position. Let us therefore choose wisely.

[avp2306]

We can not trust Trump but his change in strategic approach for his campaign before the President Election actually forced Biden and his team to change. SEC approved ETH Spot ETF applications because they didn't want to lose many support and votes to Trump by being anti Bitcoin and cryptocurrency industry some months before the Election.

It's not easy to know will Biden team keep up their promise and approach to be more friendly with blockchain industry and cryptocurrency market if they successfully defend their positions in the White House after this year election. Think positively, the campaigns before President Election in November helped us to have Bitcoin Spot ETFs and Ethereum Spot ETFs in 2024. It's good if we ignore other things that can be negatively or vague now.

Trump have good political PR since they know how to tackle certain situation that they can use for their campaign and give good impression to people especially if the old leader is doing something outrageous decision on his term. They see that getting to much into trouble regarding on their crypto policies is giving Biden a bad image and that is what Trumps camp taking advantage on. That's why we can't really trust him regarding on his statement since we know campaign period is ongoing so as being said they would use all their cards to get some votes that's why people need to take precuation on politicians promises since all of them are liars.

I think its to late for Biden to release some good statement that they would became a crypto friendly if they retain their set since people already know them and what interest they are pushing. If Trump will win then let see if he will hold into his promises since if he ignore what he say when campaign period is on then I guess people have power to eliminate him on the set and find better person who can lead their country into real progress.

[bettercrypto]

I support Mr. Trump's election, but not because he spoke out in favor of bitcoin and cryptocurrency. Everything he says about crypto is more political than he actually cares about it. We all know politicians can do anything to achieve their goals, especially American politics is notoriously messy and there is no trick they don't dare to do.

I disagree when you call Trump is bitcoin and Biden is fiat, because whoever becomes president will represent and have the task of making the USD stronger. Therefore, Trump's support for bitcoin during his campaign does not mean he is representing bitcoin.

We can see who of the two supports cryptocurrency or Bitcoin more, and that is none other than Trump, not Biden. Biden only supported Bitcoin because there would be an election and his term would end.

So if it's just for me, even if I'm not a resident of the US, I'll vote for Trump because I saw how he supported the field of bitcoin and cryptocurrency, to be honest., and I hope he wins this time without fraud happening.