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Author Topic: The Internet don't forget, many times Donald Trump says bad about Bitcoin  (Read 555 times)
kryptqnick
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June 10, 2024, 11:34:05 AM
Merited by nutildah (1)
 #41

Op, Trump was president till 2021, not 2022, but other than that, I agree with that post. Trump is not pro-Bitcoin, and he demonstrated it multiple times in the past. He is using Bitcoin to get a wider appeal at the upcoming elections, that's all. He can easily get back to his old rhetoric about Bitcoin being risky and the USD being the best once he's elected (if that happens). I believe that some politicians can be genuinely pro-Bitcoin (if they are libertarian, for example), but Trump is not one of those.

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June 10, 2024, 01:24:50 PM
 #42

100% agree with your post. People are saying "Trump is good for Bitcoin", however he is really just using it as a ploy to get more votes. Twitter since being bought by Elon Musk is becoming a cryptocurrency haven, and he wants to get on that bandwagon and get as many votes as possible, especially now that he is back on that platform, and it is heading more conservative.
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June 10, 2024, 01:50:26 PM
 #43

...
Don't give out your Bitcoin, HODL!!!
You are very correct with the analysis you have made concerning politicians and their disguised agenda because it is just the way they get into power.
I would like to make a reference to the Nigerian elections of which the sitting president made such campaign promises and as we speak we are aware how much the government is doing to crackdown on crypto currency holders and users, most especially the exchanges being hassled for taxes, incentives, being forced to stop trading NGN and the ultimate which is regulation is the next move to control BTC and cryptocurrencies users in the country.

Quote
In his campaign manifesto, Nigerian President Tinubu pledged to legalize crypto and blockchain technology for use in the country’s banking and finance sector.

https://nairametrics.com/2024/05/05/president-tinubu-must-keep-his-campaign-promise-on-nigerian-crypto-industry/

I don't believe in Trump's cryptocurrency promises because it's just him being a politician and seeking votes from whatever sources he can find.

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June 10, 2024, 02:05:12 PM
 #44

absolutely right, as i said in some of my posts, these candidates are not really on the side of bitcoin and altcoin because they love it and really want to fight for it, but more for their own interests. they use it to gain public sympathy and make it seem like they love bitcoin. when in fact they don't really like it and only use it during the campaign, they are politicians and nothing more than boomers fighting for power.

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June 10, 2024, 03:22:40 PM
 #45

I hope one day, Americans will be free from the shackles of Democrats and Republicans, it's been so many years battle between these two but I know it wouldn't continue forever.
I don't think they will. It's the best recipe to divide and conquer. Have the Democrat voters fight the Republican voters and see enemies in them. Make the left fight the right, and so on. In recent times, we have new divisions of vaccinated versus nonvaccinated. Or my favorite division is when they call you a radical ultra-wing nationalist if you are against Genocide Joe and everything he represents.

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June 10, 2024, 03:35:45 PM
 #46

Politicians will always play the game of politics according to how it suits them and change goal posts when things go sour ! But seeing that Bitcoin and crypto currencies were given the green light to be traded on much bigger platforms I really don't see Trump fighting this especially that he is not POTUS any more when he had the influence...going against BTC now would dent his popularity especially that more and more people are falling in love with this and will be wise to go with the wind to win voters sympathy votes  Cool

R


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June 10, 2024, 03:45:31 PM
 #47

He is not the only candidate guilty of this part, all the other candidates contesting are now accepting crypto donations from people. However, the moment they reach the office, they act like it was never them that was campaigning and asking for help from poor holders. They don't care about you and this is why you should never donate your Bitcoin to anyone because your Bitcoin will be sold on the market and will continue with their games.

Don't give out your Bitcoin, HODL!!!

The internet indeed never forgets, I can’t even remember him saying all this bad things about bitcoin in the past, this is clearly just a way for him to get himself to the office he’s seeking for and will use the influence of the large crypto community to win his goal. I am so disappointed seeing this because I never thought he once said bad about bitcoin not until now. If he were someone else, I may have some believe that he has changed his stance about bitcoin or how he feels about this currency, but since he’s a politician, he is definitely using it to play political games that will get him back into that seat. Politicians will always be politicians and will do anything to achieve what they’ve set their minds towards.

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June 10, 2024, 03:47:29 PM
 #48

It is not a good image for Bitcoin that a convicted felon is receiving bitcoin payments and some people use terms such as "crypto president" to describe this criminal. Do bitcoiners really want that image? Criminals receiving bitcoin payments?!!
Apparently, some "Bitcoiners" will praise for anyone who will pump their bags. Be it Trump for donations, Elon Musk for Tesla, or Larry Fink for an ETF.

Might be controversial nowadays, but criminals receiving Bitcoin payments is absolutely normal and expected, because Bitcoin is for everyone, including criminals. So, the short answer is yes. We do want Bitcoin to have the image of being used by criminals, if that's what it takes for it to be accessible to everyone.

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June 10, 2024, 04:16:57 PM
 #49

Op, Trump was president till 2021, not 2022, but other than that, I agree with that post. Trump is not pro-Bitcoin, and he demonstrated it multiple times in the past. He is using Bitcoin to get a wider appeal at the upcoming elections, that's all. He can easily get back to his old rhetoric about Bitcoin being risky and the USD being the best once he's elected (if that happens). I believe that some politicians can be genuinely pro-Bitcoin (if they are libertarian, for example), but Trump is not one of those.
Trump was never a pro-bitcoin in reality. If he’s admitting right now that he has come to favored bitcoin and want to promote it, surely he’s currently wearing a mask for the sake of his future political plans. Not only Trump but I believe majority of the politicians are still silently against bitcoin, but with the coming election, pretending to favor and promote bitcoin is just a play in order to win the hearts of bitcoin community.

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June 10, 2024, 04:35:26 PM
 #50

This is not about candidate choice or who you support but I want to inform you that all Politicians don't care about Bitcoin or anything concerning crypto, it has always been their political career and how they can get to the office and make their goals and nothing more. This is why you shouldn't give them your Bitcoin, you will suffer later if their policy doesn't favour Bitcoin.

Last week and this week, there has been a discussion about Donald Trump being referred to as "Crypto president" and I see that as a big fat lie, he is nothing but just one of the candidates like others who is soliciting support from different communities and Bitcoin is just one of them.

Fact check me, Donald Trump was the president of the United States between 2017-2022, and guess what, Bitcoin had one of the most crucial and worst moments in these years, the Covid-19 market breakdown and fear among Bitcoin investors when Bitcoin did as low as -45 % in one day but when this guy was asked about Bitcoin, he said all sort of bad things about Bitcoin, this was before and after Bitcoin has recovered from all these losses. Now walk with me with the things he has said;

1.
 

Source: https://x.com/realDonaldTrump/status/1149472282584072192

Here is one of his posts in 2019 when he think Bitcoin is not real money and too volatile, used for unlawful behaviours such as drug trade and other illegal things.

2.


Source: https://x.com/TylerLaroche_/status/1401903725728387082

Here is another video in 2021, he admits he will never invest in Bitcoin because he thinks Bitcoin competes with the dollar and Bitcoin bleed much that day.



The big guy now accepts Bitcoin and other crypto forms for donations to support his campaigns and the coming election.



Source: https://www.donaldjtrump.com/crypto

He is not the only candidate guilty of this part, all the other candidates contesting are now accepting crypto donations from people. However, the moment they reach the office, they act like it was never them that was campaigning and asking for help from poor holders. They don't care about you and this is why you should never donate your Bitcoin to anyone because your Bitcoin will be sold on the market and will continue with their games.

Don't give out your Bitcoin, HODL!!!
Gentle reminder that none of these clowns stood by crypto until it worked well for them, not even Bernie Sanders of all people. If anything, these people are just in here to get your favors when the votes are about to be cast. And while I don't live in the US, I don't care for some convicted felon, even if they are the biggest cryptocurrency stan on the planet. Remember that the state of your country's going to be decided by who's at the seat of power for the next 6 years. Don't fuck it up and be smart when you do cast that vote.

Forget crypto, forget who's against it, it will always find a way into being a use-case despite bans and crackdowns anyway, be more inclined to think about the welfare of your kids in the near future.

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June 10, 2024, 06:52:25 PM
 #51

Politics is nothing but the game of lies, one who do it on your face but in a convincing way then they might get the chance and that's the fate of democracy if 51% people choose someone then 49% people has to go with whatever decision the government make.

He may called Bitcoin is not a real money but now he accepts donations and that's the growth of crypto and atleast by now these people who thought Bitcoin isn't real money should consider changing their opinion.









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June 10, 2024, 07:05:12 PM
 #52

This is not about candidate choice or who you support but I want to inform you that all Politicians don't care about Bitcoin or anything concerning crypto, it has always been their political career and how they can get to the office and make their goals and nothing more. This is why you shouldn't give them your Bitcoin, you will suffer later if their policy doesn't favour Bitcoin.

Last week and this week, there has been a discussion about Donald Trump being referred to as "Crypto president" and I see that as a big fat lie, he is nothing but just one of the candidates like others who is soliciting support from different communities and Bitcoin is just one of them.

Fact check me, Donald Trump was the president of the United States between 2017-2022, and guess what, Bitcoin had one of the most crucial and worst moments in these years, the Covid-19 market breakdown and fear among Bitcoin investors when Bitcoin did as low as -45 % in one day but when this guy was asked about Bitcoin, he said all sort of bad things about Bitcoin, this was before and after Bitcoin has recovered from all these losses. Now walk with me with the things he has said;

1.
 

Source: https://x.com/realDonaldTrump/status/1149472282584072192

Here is one of his posts in 2019 when he think Bitcoin is not real money and too volatile, used for unlawful behaviours such as drug trade and other illegal things.

2.


Source: https://x.com/TylerLaroche_/status/1401903725728387082

Here is another video in 2021, he admits he will never invest in Bitcoin because he thinks Bitcoin competes with the dollar and Bitcoin bleed much that day.



The big guy now accepts Bitcoin and other crypto forms for donations to support his campaigns and the coming election.



Source: https://www.donaldjtrump.com/crypto

He is not the only candidate guilty of this part, all the other candidates contesting are now accepting crypto donations from people. However, the moment they reach the office, they act like it was never them that was campaigning and asking for help from poor holders. They don't care about you and this is why you should never donate your Bitcoin to anyone because your Bitcoin will be sold on the market and will continue with their games.

Don't give out your Bitcoin, HODL!!!

I think that it was especially a strategic move here for Trump's campaign but I don't think that he is all of the sudden a crypto supporter just because of that. I think that he could see Bitcoin as more of a tool now. No matter what he has said on bitcoin in the past I think its safe to say that so many others like him that used to be opposed are now coming around and beginning to support it. We will only see once he becomes president the 2nd time if he will take action and do what he says he will do, which I have a strong feeling that he will.

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June 11, 2024, 01:06:59 AM
 #53

I think that it was especially a strategic move here for Trump's campaign but I don't think that he is all of the sudden a crypto supporter just because of that.
You would have to check when he started talking about bitcoin positively. I have only seen his comments supporting bitcoin from this year so yes it is very likely that he is banking on bitcoin's success for him to gain his own.
Quote
I think that he could see Bitcoin as more of a tool now. No matter what he has said on bitcoin in the past I think its safe to say that so many others like him that used to be opposed are now coming around and beginning to support it.
Trump has been reported to hold assets in crypto wallet but does not support bitcoin. This article is from last year. I think if he genuinely believes in bitcoin, he should have said months ago especially that it seems that he is well aware of what cryptocurrency  is.









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June 11, 2024, 01:45:41 AM
 #54

Op, Trump was president till 2021, not 2022, but other than that, I agree with that post. Trump is not pro-Bitcoin, and he demonstrated it multiple times in the past. He is using Bitcoin to get a wider appeal at the upcoming elections, that's all. He can easily get back to his old rhetoric about Bitcoin being risky and the USD being the best once he's elected (if that happens). I believe that some politicians can be genuinely pro-Bitcoin (if they are libertarian, for example), but Trump is not one of those.
Trump is not an exception among politicians who are known with many promises and failures to fulfill their promises in many years and through their long political career.

You can consider politicians as liars or else but national conditions are very complex while a single politician even as a national elected president, does not have power to do everything in their nation. They can fail to complete their promises because initially they did not want to do this and in this case they are pure liars. Otherwise, they can fail to keep up their promises because they don't have enough support from other politicians in a same party, institutional system and more conditions to execute what they promised.

I don't trust Trump and his promises but with his activities recent months, we saw that Biden and his party were under pressure to approve Bitcoin Spot ETFs then Ethereum Spot ETFs. Their party are no longer free to do attacks on cryptocurrency market when the President Election is very near and they don't want to lose support and votes from citizens.

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June 11, 2024, 03:46:30 AM
 #55

Might be controversial nowadays, but criminals receiving Bitcoin payments is absolutely normal and expected, because Bitcoin is for everyone, including criminals. So, the short answer is yes. We do want Bitcoin to have the image of being used by criminals, if that's what it takes for it to be accessible to everyone.
The only problem with that is the regular people who still don't know what Bitcoin is (which is the majority of the world) would not see it as "Bitcoin is for everyone". Instead they see it as "Bitcoin is money for criminals". Specially since this FUD already existed in the past where they were told that bitcoin is only used by criminals and now they are seeing its manifestation...

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June 11, 2024, 04:43:50 AM
 #56

He is not the only candidate guilty of this part, all the other candidates contesting are now accepting crypto donations from people.
How do all these candidates accept donations in cryptocurrencies, if cryptocurrencies are not officially recognized (have a gray status) in the USA? Just how are all these guys planning to spend these donated cryptos? After all, the use of cryptocurrencies as a means of payment is prohibited, isn’t it. And further. If candidates exchange donated crypto for traditional money, will they pay income tax on the conversion, as they require ordinary citizens to do?

Personally, for me, this is all (donations in cryptocurrencies) a PR stunt, nothing more, and the author is undeniably right in Trump’s deceit in expressing loyalty to cryptocurrencies. Politicians have never been friends with ordinary citizens and have always pursued only personal interests. What is being voiced in the election race is nothing more than a lie for the sake of getting additional votes.

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June 11, 2024, 05:31:20 AM
 #57

I think his stance changed on crypto because of 2 reasons.

First being he had that Trump Card NFTs about a year or two back. These were fairly successful and he made like a few million or so dollars out of them. I think there was also a round 2 version of his NFTs. So obviously he can't be anti-crypto if he is selling his NFTs which are directly related to crypto.

Second being he has friends from Wall street. Many of them are making crazy money if crypto succeeds and they are probably pressuring him by telling him to be lax about it and in return he will get their donations for his campaign. He is probably good friends with many of the CEOs who launched the Bitcoin ETFs like Larry Fink.


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June 11, 2024, 11:52:07 PM
 #58

Many people dream of owning bitcoin since it was introduced if you look at the history and the final price at this time.

by the way this proves that there are politicians who fud on bitcoin but it doesn't work Grin, as long as it is not regulated and does not use its authority as a form of selfishness, nor does it mix envy with the feasibility of the public interest it's fine. Politicians already have their own money Cheesy.

Let the people decide to invest and store their bitcoins or use them for transactions. I feel that with a government that is flexible towards digital physical assets such as bitcoin, it is very convenient and helpful, even if it is only limited to approving. The fears of politicians cannot be avoided with the value of a country's money that may be shrinking, but everyone has the right to improve their economy and finances, I mean there is no need to continue to lament because freely investing is the most solutive way to improve living standards and in my opinion it is everyone's right, because the needs of the people are also entirely their own individuals who are looking for money. Of course bitcoin owners also use wisely and stay away from AML mutual commitment between the authoriser and those given access to use bitcoin.


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June 12, 2024, 06:11:12 AM
 #59

Trump is a politician who has great influence in his country, so any comments that come out of his military become public discussion, so he uses this moment to destroy the market, I predict that Trump is one of the big whales, I am very sure he holds a lot of botcoins, he makes bad comments. regarding bitcoin, he will definitely make a big profit from this news. Politicians only think about profits whatever way they will face it.

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June 13, 2024, 07:19:44 AM
 #60

Instead they see it as "Bitcoin is money for criminals".
This might also be controversial, but when a critically thinking person hears that Bitcoin is money for criminals, it raises some important questions about its utility. "Why is it for criminals?" Because criminals need privacy. "Well, I want privacy too". "What other reasons?" Because criminals distrust money issued and controlled by the state. "Why is that?" The way fiat currency works has poisoned societies and corrupted free markets for decades.

I expect a reasonable person to ask themselves these kinds of questions before eventually drawing a conclusion.

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