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Author Topic: Trump accepts Lightning Network for donation of his campaign in Bitcoin  (Read 697 times)
CryptoBuds
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June 25, 2024, 09:03:26 AM
 #61

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? Cheesy

Michael J. Saylor also had a negative view on bitcoin in the past but now he is the most bullish person we have and many other famous people also have a negative view on bitcoin but they are slowly changing their views about it. But it's funny that no one criticized or said bad things about Michael J. Saylor or Larry Fink, nor did I see anyone say bad things about Gary Gensler when he approved bitcoin ETFs  Cheesy Cheesy Cheesy.

All politicians are equally cunning and cruel, they will be willing to do anything to achieve their goals, even murder. Honestly, we won't know what will happen to crypto if Trump is elected but at least for now he is a public supporter of crypto, while the Biden administration is finding ways to hinder the development of cryptocurrency. So there is no reason for us to hate and not support him, at least Trump is giving us a chance, not no chance at all.

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June 25, 2024, 09:22:49 AM
 #62

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? Cheesy

Michael J. Saylor also had a negative view on bitcoin in the past but now he is the most bullish person we have and many other famous people also have a negative view on bitcoin but they are slowly changing their views about it. But it's funny that no one criticized or said bad things about Michael J. Saylor or Larry Fink, nor did I see anyone say bad things about Gary Gensler when he approved bitcoin ETFs  Cheesy Cheesy Cheesy.

All politicians are equally cunning and cruel, they will be willing to do anything to achieve their goals, even murder. Honestly, we won't know what will happen to crypto if Trump is elected but at least for now he is a public supporter of crypto, while the Biden administration is finding ways to hinder the development of cryptocurrency. So there is no reason for us to hate and not support him, at least Trump is giving us a chance, not no chance at all.

Its just like they are taking advantage on what they think what can give them benefits and look what happen to Trump now after calling bitcoin as scam before now its crazy that he show up saying some nice words about bitcoin. People would really doubt on his intention since lots of people don't forget about what he say that Bitcoin is a scam and affecting the value of Dollar.

Now here he is asking for donation in forms of bitcoin then try to catch the attention of people that he is pro bitcoin and willing to support it. Many people doubt on his intention and I understand that since he just say it on election period. These politician always goes or ride with famous issue then try to catch the support of people. So hopefully if he won he would do what he say and totally support bitcoin usage in their country.

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TravelMug
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June 27, 2024, 07:02:47 AM
 #63

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.

Election, election, election, Trump's camp knows how to attract attention again, and so they endorsed Bitcoin and accept as a form of donation. And it could have raise eyebrows for sure, but I would say that it is a smart move by Trump.

On the other hand, Biden's government is turning to be anti-crypto and yea for sure it might be hurting him in the long run. There could be voters that don't have a choice, specially Bitcoin enthusiast as who will they vote between the two. And being pro-crypto could be the decider for some young and old voters.

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June 27, 2024, 11:37:53 AM
 #64

Michael J. Saylor also had a negative view on bitcoin in the past but now he is the most bullish person we have and many other famous people also have a negative view on bitcoin but they are slowly changing their views about it. But it's funny that no one criticized or said bad things about Michael J. Saylor or Larry Fink, nor did I see anyone say bad things about Gary Gensler when he approved bitcoin ETFs  Cheesy Cheesy Cheesy.

All politicians are equally cunning and cruel, they will be willing to do anything to achieve their goals, even murder. Honestly, we won't know what will happen to crypto if Trump is elected but at least for now he is a public supporter of crypto, while the Biden administration is finding ways to hinder the development of cryptocurrency. So there is no reason for us to hate and not support him, at least Trump is giving us a chance, not no chance at all.

Yes. I remember when Saylor used to be against Bitcoin. But all of a sudden, he changed his views about it. Now he's a true Bitcoin maximalist. You can see that's the case when he constantly bashes Ethereum and other alts. I guess the wealthy are now realizing Bitcoin's true potential.

With Trump, Saylor, and Fink by our side, it makes me wonder if people like Warren Buffet and Elizabeth Warren will join the craze? Only time will tell. The Winklevoss twins (from Gemini exchange) donated $2m in BTC to Donald Trump a while ago. Maybe this will help him win the White House? Cheesy

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June 27, 2024, 04:58:49 PM
 #65

Yes. I remember when Saylor used to be against Bitcoin. But all of a sudden, he changed his views about it. Now he's a true Bitcoin maximalist.

I wouldn't throw the term around too loosely.  Perhaps a small minority are genuine converts, but I suspect the vast majority of business people and career politicians are still fiat maximalists and only like Bitcoin while it suits their goals.  Often "fairweather supporters" at best.

And with "friends" like Trump, who needs enemies?  The man is a sociopath.
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June 27, 2024, 05:27:10 PM
 #66

Yes. I remember when Saylor used to be against Bitcoin. But all of a sudden, he changed his views about it. Now he's a true Bitcoin maximalist.
Saylor simply saw true power (or profit, directly from bitcoin or indirectly, becoming a supporter / or just by voicing it of bitcoin). Smiley

How quickly all public figures become maximalists when this becomes a popular trend.[/i].


I wouldn't throw the term around too loosely.  Perhaps a small minority are genuine converts, but I suspect the vast majority of business people and career politicians are still fiat maximalists and only like Bitcoin while it suits their goals.  Often "fairweather supporters" at best.
I would say that the vast majority of these people still do not understand this technology and its principles at all, but at the same time they call themselves BTC-maximalists. These are just not identified bitcoin-hypocrites. One should not blindly believe all those who overnight became BTC-maximalists, having been opponents of this in the past.

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June 28, 2024, 04:56:36 PM
 #67

Saylor simply saw true power (or profit, directly from bitcoin or indirectly, becoming a supporter / or just by voicing it of bitcoin). Smiley

How quickly all public figures become maximalists when this becomes a popular trend.[/i].

I wonder if these wealthy people will still support Bitcoin during a major market crash. I mean BTC losing around 50%+ of its value. Since they're only focused on the profits, it's likely such an event will force them to get out of the Bitcoin bandwagon. Saylor's been buying BTC during the dips, though. Just like El Salvador's Nayib Bukele.

I sure hope Trump is serious enough about Bitcoin after a second term in office. IF he gets re-elected. Receiving BTC donations through the Lightning Network is a smart move, imo. Maybe this will encourage other politicians to do the same in the future? Let's pray that the American crypto industry grows in the long run.

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