Trump accepts Lightning Network for donation of his campaign in Bitcoin

[cryptomaniac_xxx]

Just don't forget about this tweet though,



https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

[kryptqnick]

It's great that Bitcoin is becoming a more prominent part of US politics, and that a major presidential candidate accepts donations in Bitcoin. But I hope that a small nice gesture, and a gesture that benefits Trump directly (it's money for his campaign, and it's potential votes for him in the elections), won't be enough to sway people to vote for him. Right now, Trump just needs support, so he seems more pro-Bitcoin. But in 2021, for instance, he viewed Bitcoin as a scam and was against it because it's competing against the USD.

[Kakmakr]

They say a rat will eat his own kids and I believe any politician will do the same. During that past elections many of the politicians made huge promises when they got near to the election and some of them were supporting Trump, but when he was elected... they faded away into the shadows and Trump made all the calls. 

These people will use any technology to get their hands on "money"... so do not expect them to support it, once they get into positions of power. They will use this technology and spit it out, once they reached their goals.... and it does not matter to them, where it came from. 

[God bless u]

It is the first time ever a President nominee in the USA accepts Bitcoin donation for his campaign by Bitcoin Lightning Network.

Trump Becomes First President To Accept Bitcoin Lightning Payments For Campaign Donations.

The team of Trump's campaign accept it by partnering with Opennode. I don't judge anything about Trump and his team but I see he is actually a creative man and proved it through his life and business career as well as political career recent years. He doesn't refuse to accept anything, even it is very new, if it can potentially helps him to get benefit.

https://txstats.com/d/000000012/lightning-network?orgId=1&from=now-7y&to=now
Number of opened channels drop but Sum of channel value recovers and increases since September 2023.

It's very obvious that when one is not in power he will do anything just to get the power again it's because power is also like a drug that has no exit to its addiction. It will make you do things that you never have thought of doing in your life.

So it's not a surprise that Trump is doing that officially to take power be will get any kind of donations that will come to its way.

[fuguebtc]

Just don't forget about this tweet though,



https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

It is true that the election is approaching and he is using every means to get people's votes, and whether he really supports cryptocurrency or not is still a question mark. But what's wrong with someone changing their opinion after a while, after taking the time to learn about it? Even many investors on this forum, who are bitcoin maximalists were skeptical and distrustful of bitcoin in the early days of hearing about it. I myself was the one who refused to invest in bitcoin when I first heard about it, simply because at that time we had not learned about it and did not know what it was, so it was normal for us not to be interested. Or even the CEO of blackrock or Michael J. Saylor used to despise bitcoin but now they are the investors holding the majority of bitcoin.

If yesterday he claimed to hate bitcoin and cryptocurrencies, but today he suddenly said he was very interested in them, it would be a blatant lie. But it's been 5 years, and that time is not short.


https://www.cnbc.com/2017/10/13/blackrock-ceo-larry-fink-calls-bitcoin-an-index-of-money-laundering.html
https://www.coindesk.com/business/2023/07/07/blackrock-ceo-larry-finks-turnabout-on-bitcoin-elicits-cheers-skepticism-from-crypto-insiders/

[DooMAD]

Just don't forget about this tweet though,



https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

That's the problem, populism causes people to stop thinking altogether.  Politics has become 'personalities over policies'.  Trump could stand on a stage tomorrow and announce that he's going to shoot a baby in the face and plenty of dumbfucks would still vote for him.  Hopefully he ends up in jail and the Republicans will be forced to select a new candidate.

[Abiky]

I don't see how this helps bitcoin in anyway. In fact the involvement of any politician with Bitcoin shouldn't be news and shouldn't be reported at all. We know their intentions. Once they clench power, they'll resume their direct and sponsored attack on Bitcoin. For those who have the technical knowledge and expertise of Bitcoin, please I encourage you to keep creating decentralized and privacy software tools that would shield us from these politicians so that they cannot reach us once they win and reveal their true colors.

It helps give mainstream exposure to Bitcoin. Especially with a high profile politician as Donald Trump. I know the Lightning Network is flawed, but it's at least a good way to drive the masses into BTC. With due time, the LN should be able to improve until it becomes a "force to reckon with". We need as many pro-crypto politicians in Bitcoin as possible.

Of course. Some of them publicly claim their support for BTC just to gather votes. Once they're in power, they totally forget about it. Just like how Argentina's Javier Milei forgot about Bitcoin. Was he able to abolish the Argentine Central Bank? No. Was he able to replace the Argentine Peso with either the USD or BTC? No. The same thing could happen with Donald Trump after he's re-elected for President of the United States. Who knows?

[Ludmilla_rose1995]

It's great that Bitcoin is becoming a more prominent part of US politics, and that a major presidential candidate accepts donations in Bitcoin. But I hope that a small nice gesture, and a gesture that benefits Trump directly (it's money for his campaign, and it's potential votes for him in the elections), won't be enough to sway people to vote for him. Right now, Trump just needs support, so he seems more pro-Bitcoin. But in 2021, for instance, he viewed Bitcoin as a scam and was against it because it's competing against the USD.

Basic politicians, the words they say keep changing, the article below also explains that Trump is quite skeptical about Bitcoin and crypto

Donald Trump's Historical Stance on Bitcoin
Donald Trump's views on Bitcoin and cryptocurrencies have been a subject of significant interest and analysis. His comments on the matter, though not frequent, have been clear and pointed, reflecting skepticism towards the digital currency.

➥ https://www.cryptodispensers.com/blog/trump-and-bitcoin-unraveling-the-impact-on-cryptos-course

but I'm sure that currently he is following the trend, especially since the bitcoin ETF already exists, so he sees the unstoppable potential of bitcoin

[justdimin]

Just don't forget about this tweet though,



https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

Because someone said crypto people like him, that's it. What people do not understand is that Trump has exactly ONE thing in his mind, being loved and he is in the wrong business for that, but you get to see how many people love him, and that's what he wants.

He is aware that republicans do, and he disliked crypto as his honest opinion, but because of what happened with Gensler and SEC, the "opposition" to him ended up getting crypto people disgruntled, so he is taking this time to make crypto something he always liked, which is a lie as we can obviously see, but we are going to see him promote his crypto stuff constantly, so that he could get some more love. It is not votes he wants, it is admiration and worship that he desires more than anything.

[bettercrypto]

Maybe when Trump wins the US presidency again, it will probably become a reality that every single bitcoin will be 150k to 200k until next year. Because Biden is actually just riding the trend that bitcoin has in these times because there will be an election, that's why Biden is doing all the flattery and stupidity to make the voters believe in their country.

Most people also know that Biden is not really a supporter of Bitcoin or cryptocurrency; that's the truth. Also, supporting people via bitcoin's lightning network is another good way to be honest.

[God bless u]

Just don't forget about this tweet though,



https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

Because someone said crypto people like him, that's it. What people do not understand is that Trump has exactly ONE thing in his mind, being loved and he is in the wrong business for that, but you get to see how many people love him, and that's what he wants.

He is aware that republicans do, and he disliked crypto as his honest opinion, but because of what happened with Gensler and SEC, the "opposition" to him ended up getting crypto people disgruntled, so he is taking this time to make crypto something he always liked, which is a lie as we can obviously see, but we are going to see him promote his crypto stuff constantly, so that he could get some more love. It is not votes he wants, it is admiration and worship that he desires more than anything.

Actually it's a part of politics that you have to agree on everything that will ultimately make their political image more strong and adorable. It's not only the case with Trump but in every country there are politicians and almost all of them use the same techniques to make their political image better.

Once Trump was against the crypto currency market and now he see youth being so much involved so he changed his perspective.

[3kpk3]

Maybe when Trump wins the US presidency again, it will probably become a reality that every single bitcoin will be 150k to 200k until next year. Because Biden is actually just riding the trend that bitcoin has in these times because there will be an election, that's why Biden is doing all the flattery and stupidity to make the voters believe in their country.

Most people also know that Biden is not really a supporter of Bitcoin or cryptocurrency; that's the truth. Also, supporting people via bitcoin's lightning network is another good way to be honest.

How delusional are you? You are easily one of the most gullible people that I have ever noticed period. Trump is clearly just taking advantage of the ETF wave which anyone with a brain can see.

@cryptomaniac_xxx even shared a tweet of his where he expressed his opinion clearly about crypto above. Do your research.

[legendbtc]

Just don't forget about this tweet though,



https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

Because someone said crypto people like him, that's it. What people do not understand is that Trump has exactly ONE thing in his mind, being loved and he is in the wrong business for that, but you get to see how many people love him, and that's what he wants.

He is aware that republicans do, and he disliked crypto as his honest opinion, but because of what happened with Gensler and SEC, the "opposition" to him ended up getting crypto people disgruntled, so he is taking this time to make crypto something he always liked, which is a lie as we can obviously see, but we are going to see him promote his crypto stuff constantly, so that he could get some more love. It is not votes he wants, it is admiration and worship that he desires more than anything.

Actually it's a part of politics that you have to agree on everything that will ultimately make their political image more strong and adorable. It's not only the case with Trump but in every country there are politicians and almost all of them use the same techniques to make their political image better.

Once Trump was against the crypto currency market and now he see youth being so much involved so he changed his perspective.

That's right, not just Mr. Trump, any politician will use any trick if they see its potential to help them achieve their goals. But the more important thing that people are ignoring is that we only have two options: Trump and Biden. We still don't know how Trump will treat bitcoin and cryptocurrency after being elected, whether he is really as friendly to it as he says. But with what Biden is doing, he proposes to increase taxes on miners, he supports the SEC to confront cryptocurrencies by vetoing the SAB 21 bill. The world economy is still mired in inflation and shows no signs of cooling under President Biden.

https://cointelegraph.com/news/united-states-president-joe-biden-veto-sab-121-crypto-accounting-rule
https://www.ifcreview.com/news/2024/april/us-bidens-44-crypto-tax-plan-faces-fierce-opposition/#:~:text=The%20Biden%20administration's%20crypto%20tax,impact%20on%20innovation%20and%20investment.

[Cryptomultiplier]

I don't see how this helps bitcoin in anyway. In fact the involvement of any politician with Bitcoin shouldn't be news and shouldn't be reported at all. We know their intentions. Once they clench power, they'll resume their direct and sponsored attack on Bitcoin. For those who have the technical knowledge and expertise of Bitcoin, please I encourage you to keep creating decentralized and privacy software tools that would shield us from these politicians so that they cannot reach us once they win and reveal their true colors.

This should be the primary focus for now, not believing politicians and their antics, because all they want is the support to get to the position and once they attain the power, it becomes a struggle for the voters and supporters to survive the stringent policies they would enact to cocoon themselves from any comment or questions as to why they haven't fulfilled their campaign pledges.
Trump as a person and a candidate just faced a trial that found him guilty on several charges and we can't simply ignore the issues that befell him while he left office after having lost to Joe who still enjoys the position of president till date.

He and his campaign managers can decide to accept lightning network for all we care , but what am mostly concerned with is the congestion that may follow suit and slow down the network during the period of his campaign.

[kentrolla]

This man is so cunning and he can use all the resources to win elections and to raise funds I don't understand how foolish people can be they are donating for campaign of someone who is already an elite and billionaire. Is it so easy to fool people? He is just using Bitcoin for his personal goals and don't forget once he was against it. Doesn't make any sense to me.

[slaman29]

Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

I really don't like either presidential candidate. One has mouth diarrhea and another poops his pants. But both are allowed to change their minds, too. In fact, Bitcoiners like it the most when people who were previously anti-Bitcoin changed their mind.

Isn't this how many of us got into Bitcoin? From doubters and suspicious thoughts to full buy in?

That's the best type of believer

That aside, this is politics.

[Pidgeon]

Trump would accept even bitconnect if that would have any value at all, give the idiot some testnet coins as I doubt in his new found love fro bitcoin he has spent one second researching what Bitcoin is and why it matters.
Show me one person on this planet who will say no to people donating him money!

I accept LN donations, does that make me Jesus 3.14?

[Dave1]

Just don't forget about this tweet though,



https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

Trump knows how to play with his voters, and so he is thinking that becoming a pro-Bitcoin might favored him that's why he did change his stance for now. It's just the question on when he is elected, will he continue to support Bitcoin?

Lol, there's only two candidates here, and so it's not hard for them to choose who they can tolerant in the next four years.

[Abiky]

This man is so cunning and he can use all the resources to win elections and to raise funds I don't understand how foolish people can be they are donating for campaign of someone who is already an elite and billionaire. Is it so easy to fool people? He is just using Bitcoin for his personal goals and don't forget once he was against it. Doesn't make any sense to me.

BlackRock CEO Larry Fink also used to be against Bitcoin only to change his stance a few months ago. Same goes with other wealthy and prominent figures in the mainstream world. They're realizing the true benefits Bitcoin provides. It would be dumb to reject something that's becoming increasingly-popular each day.

At least, Trump is smart by accepting BTC donations. Has Biden done the same? He doesn't even understand what crypto/Blockchain tech is. Since the current administration has regulated the crypto industry with a "heavy hand", crypto voters will seek other candidates who'll put their interests first. Both Donald Trump and RFK Jr. are the ticket for widespread adoption of crypto in America. We need pro-crypto politicians in the USA to help stimulate the growth of this nascent industry. Not the other way around. We'll see how successful Trump's venture will be. Who knows what will happen after Election Day?

[snerd]

Trump has now endorsed Bitcoin, but Biden at one time wanted a 30% tax on it! Typical democrat. But I’ve heard he’s now aware that his stance is hurting him, so I look for him to endorse it at one of the Debates or a rally.