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Author Topic: Donald Trump speech at the Bitcoin 2024 Conference held in Nashville.  (Read 619 times)
Dave1
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July 30, 2024, 01:26:12 AM
 #21

If you look at how Trump was able to achieve his current success, it cannot be separated from his method of diplomacy, politics and controversy. What he said at yesterday's conference were just the words of a politician, nothing more or less, and it was very different compared to his statements several years ago about Bitcoin. However, as long as he is still on the side of Bitcoin, I don't feel that it is completely wrong, but just don't have too much hope for what he says, because if he can change his words about Bitcoin in just a few moments, then he might be able to change his policy on Bitcoin later.

Yeah, it's a waiting game for crypto enthusiast, if ever he will win this year's Presidential election. He is such a controversial figure that there are people who either love or hate him. And not after speaking in the conference, it pushes the price to $70k for a brief moment, so good job for him and then there are people who took advantage of it and sell.

So we will see if he is going to be true to his words, or just like the rest of the politicians that after being re-elected, they totally forgot their promises, on what they said during the campaign. But majority would agree that Gensler should really be fire from his office,  Cheesy

 
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July 30, 2024, 03:17:21 AM
 #22

~
Trump also stated that if in future bitcoin price skyrocket that let it be that America was the cause to make such happen.

This shows Trump great interest in bitcoin and he is also standing for bitcoin community. What are your thoughts on this.

You can read from the link for more details. https://cointelegraph.com/news/trump-implement-bitcoin-strategic-reserve-elected-president
And... another bunch of positive sentences with regards to Bitcoin coming from a POLITICIAN that's a "PRO-BITCOIN".
The question is, will his stance the same when he became a president "YET AGAIN".

I mean he can say positive things about Bitcoin, and can be a sweet talker now, but can change himself when he is elected. I'm not against Trump because he's the obvious winner in this year election (unfortunately), but I just don't like the fact that he's using Bitcoin to gain popularity. USA will be the reason when the price of Bitcoin skyrockets? As if that only American people are the only ones investing into cryptocurrency. Cheesy

Call me pessimistic, but I will wait for him to do what he's saying with regards to Bitcoin. He said many things already about it, and I just hope that he will do it when he gets elected.

 
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July 30, 2024, 09:50:25 AM
 #23



So we will see if he is going to be true to his words, or just like the rest of the politicians that after being re-elected, they totally forgot their promises, on what they said during the campaign. But majority would agree that Gensler should really be fire from his office,  Cheesy
Even if he breaks his promise after being elected, it is not too surprising because that is the nature of politicians. The only thing we can do is either not care about this, or two, not set too many expectations so as not to be disappointed if he breaks his promise.

But if I had to choose, I would choose and vote for Trump because at least we still have a chance when we bet on him and if he keeps his promise. Meanwhile, if we vote for Harris, we have only one outcome: continued SEC repression or worse, more draconian regulations.

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July 30, 2024, 10:26:44 AM
 #24

I believe that Trump's using cryptocurrency to attract more votes and may not fully understand what Bitcoin's about. Regardless, this is a mutually beneficial situation. So I'm happy that he made a speech and said many positive things about Bitcoin.
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July 30, 2024, 11:12:36 AM
 #25

But if I had to choose, I would choose and vote for Trump because at least we still have a chance when we bet on him and if he keeps his promise. Meanwhile, if we vote for Harris, we have only one outcome: continued SEC repression or worse, more draconian regulations.
I am not a U.S citizen, but there is more to life than BTC and people would not just make a decision of who to vote based on who is the supposed 'crypto guy', i am sure there are other aspects people would be looking at before they make up their mind on who to vote for. Unexpectedly, BTC and crypto is playing a huge part in this year's election, i only hope it turns out good for our network in the end.

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July 30, 2024, 01:00:12 PM
 #26

Politicians will always be politicians who take advantage of every possible opportunity to market themselves to the larger community. No doubt Trump is a smart leader and knows where to take advantage of to gain more points for himself. Although he is a business mogul that fits his aspirations as a politician to soar high when looking at the economic aspect. I believe he would do much better when it comes to cryptocurrency. So far, he has made his intentions publicly known and from the looks, he means what he is talking about  Bitcoin, if he does as he has said, there will be a massive adoption of cryptocurrency globally.

I think this would usher in a new all-time high and the price speculation of $100,000 would be in the pipeline waiting to overflow. This might look like a joke but I think it is a step or action on course. Let us watch how it goes.


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July 31, 2024, 03:04:24 AM
 #27

But if I had to choose, I would choose and vote for Trump because at least we still have a chance when we bet on him and if he keeps his promise. Meanwhile, if we vote for Harris, we have only one outcome: continued SEC repression or worse, more draconian regulations.
I am not a U.S citizen, but there is more to life than BTC and people would not just make a decision of who to vote based on who is the supposed 'crypto guy', i am sure there are other aspects people would be looking at before they make up their mind on who to vote for. Unexpectedly, BTC and crypto is playing a huge part in this year's election, i only hope it turns out good for our network in the end.

Of course, bitcoin is not the only thing we need to care about in this life. There are many more important things, and who to vote for will depend on each person because each person has a different problem in life. Not to mention, bitcoin and cryptocurrency are not a big topic or key factor in this election, the issues of inflation, abortion, military, immigration are much more important.

But since we are only discussing what has to do with bitcoin and cryptocurrency, I say there is no reason for us to vote for an anti-bitcoin candidate. Regarding voting for Trump or Harris, Americans need to evaluate many other factors and what they want most, not just bitcoin.

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August 01, 2024, 06:35:22 PM
 #28

But if I had to choose, I would choose and vote for Trump because at least we still have a chance when we bet on him and if he keeps his promise.
But, what if he doesn't keep his promise? This is a common scenario in the Election field. Anyways, I heard that his main foe Biden, is also into crypto/Bitcoin and I can trust this guy better than Trump because I think the guy had mostly done good things than in Trump. I'm sorry for saying this but that is only what I think about and observed. On main topic, I think this was when Trump got shot by a random dude. Lucky for him that the shot was not fatal and he still continues to show up in the conference. A lot of people are then bullish about it and I think that leads for the price to rise. Up until now, the bullish sentiment is still there. This is great and I hope we can now hit or reach a new height this time.

I am not a U.S citizen, but there is more to life than BTC and people would not just make a decision of who to vote based on who is the supposed 'crypto guy', i am sure there are other aspects people would be looking at before they make up their mind on who to vote for. Unexpectedly, BTC and crypto is playing a huge part in this year's election, i only hope it turns out good for our network in the end.
Same here. We may not be a U.S citizen but we are here involved in crypto and in Bitcoin, and yeah that there is still a big world out there and they have a different view in regards to this matter.

Quote
Unexpectedly, BTC and crypto is playing a huge part in this year's election, i only hope it turns out good for our network in the end.
It was ' interesting ' rather, that this year/round of Election had some crypto involvement. It was like it is an added twist to the traditional Election that we are always seeing, though I won't say that it is surprising since cryptos are not a new thing anymore and a few of these candidates are now mentioning cryptos even before. Both candidates has positive sentiments towards cryptos, so don't worry and I'm sure the outcome will only be good.

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August 02, 2024, 04:36:35 PM
 #29

Yesterday, Trump attended a conference for black journalists and declared his support for their rights and freedom of the press in general. Isn't this contradictory to all his previous racist ideas that called for the expulsion of foreigners and the glorification of whites (the white race as racists like to call it)? During the conference, he attacked his competitor Harris and all the beliefs of the Democrats.

This is an example of how many conferences will gain exaggerated momentum because they coincided with the election campaigns of the candidates and the candidates were allowed to attend them, and even exploited them as part of the election campaign. This is exactly what happened with the Bitcoin conference, which Trump (the most prominent figure) exploited to try to gain an additional voter base from outside the Republican Party supporters.

Trump stated that he would facilitate the release of the founder of Silk Road, which does not seem logical at all because this is a judicial matter that has nothing to do with the presidency. He also stated that he would not sell the government’s Bitcoin stock, which is outside his administration’s jurisdiction, and we are not even sure whether the Bitcoin is owned by the authorities or is being held in ongoing cases. In short, he is merely making election promises to gain supporters and this has nothing to do with any current or future US policies that have yet to be considered. It is exaggerated to think that America could become a global crypto hub, at least given the current tensions.

 
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August 06, 2024, 02:26:20 AM
 #30

Yesterday, Trump attended a conference for black journalists and declared his support for their rights and freedom of the press in general. Isn't this contradictory to all his previous racist ideas that called for the expulsion of foreigners and the glorification of whites (the white race as racists like to call it)? During the conference, he attacked his competitor Harris and all the beliefs of the Democrats.

This is an example of how many conferences will gain exaggerated momentum because they coincided with the election campaigns of the candidates and the candidates were allowed to attend them, and even exploited them as part of the election campaign. This is exactly what happened with the Bitcoin conference, which Trump (the most prominent figure) exploited to try to gain an additional voter base from outside the Republican Party supporters.

Trump stated that he would facilitate the release of the founder of Silk Road, which does not seem logical at all because this is a judicial matter that has nothing to do with the presidency. He also stated that he would not sell the government’s Bitcoin stock, which is outside his administration’s jurisdiction, and we are not even sure whether the Bitcoin is owned by the authorities or is being held in ongoing cases. In short, he is merely making election promises to gain supporters and this has nothing to do with any current or future US policies that have yet to be considered. It is exaggerated to think that America could become a global crypto hub, at least given the current tensions.

Trump might have exaggerated a bit, but he's the only choice crypto has to thrive in America. RFK Jr. won't even get enough votes to win the election. After all, he's not affiliated to a political party (independent). The big voters are either sided with the Democrats or Republicans. Harris' absence from the 2024 Bitcoin conference has a lot to say about her. If the current Biden administration is anti-crypto, what makes you think a Harris administration would be any better? Under Trump's presidency, the crypto industry was flourishing. Agencies like the SEC and CFTC treated crypto lightly. Even former SEC chairman Jay Clayton was pro-crypto.

Now we have Gary Gensler scaring crypto exchanges and companies away from the country. If Trump wins again and fires him (with a Republican majority in the Senate), the crypto market will turn extremely-bullish. And if he keeps his promise of freeing Ross Ulbricht, the crypto industry will vote Republican again by 2028. Hopefully, the right candidate wins this November. Cheesy

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August 07, 2024, 03:13:21 AM
 #31

But if I had to choose, I would choose and vote for Trump because at least we still have a chance when we bet on him and if he keeps his promise.
But, what if he doesn't keep his promise? This is a common scenario in the Election field. Anyways, I heard that his main foe Biden, is also into crypto/Bitcoin and I can trust this guy better than Trump because I think the guy had mostly done good things than in Trump. I'm sorry for saying this but that is only what I think about and observed. On main topic, I think this was when Trump got shot by a random dude. Lucky for him that the shot was not fatal and he still continues to show up in the conference. A lot of people are then bullish about it and I think that leads for the price to rise. Up until now, the bullish sentiment is still there. This is great and I hope we can now hit or reach a new height this time.

So far, the newest candidate of the democratic party has never stated that they will support cryptocurrencies, they have remained silent, which means they will continue their policy of suppressing cryptocurrencies like the current administration is doing. If we vote for them it means we accept their oppression and are satisfied with what they are doing to us.

Meanwhile, voting for Trump is like betting, we can win or lose, there are no guarantees but as I said, it's better to have few chances than no chances at all. If Trump breaks his promise and continues to introduce draconian policies towards cryptocurrencies like Biden is doing, it means our bet has failed.

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August 07, 2024, 05:50:15 AM
 #32


This shows Trump great interest in bitcoin and he is also standing for bitcoin community. What are your thoughts on this.

You can read from the link for more details. https://cointelegraph.com/news/trump-implement-bitcoin-strategic-reserve-elected-president
It shows nothing buddy, he's a politician and their promises are forgotten ass they enter office. Judging from his history with Bitcoin support, we shouldn't believe him, but let's keep our fingers crossed and hopeful he's not exploiting the Bitcoin community.

Personally, I'll start believing him when he eventually wins, but as for now, he's only being strategic with his campaign activities. He may be sincere actually, but as long as he's a politician bidding for an office term, I take his statements and promises with a pinch of salt.











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August 08, 2024, 01:56:30 AM
 #33

So far, the newest candidate of the democratic party has never stated that they will support cryptocurrencies, they have remained silent, which means they will continue their policy of suppressing cryptocurrencies like the current administration is doing. If we vote for them it means we accept their oppression and are satisfied with what they are doing to us.

Meanwhile, voting for Trump is like betting, we can win or lose, there are no guarantees but as I said, it's better to have few chances than no chances at all. If Trump breaks his promise and continues to introduce draconian policies towards cryptocurrencies like Biden is doing, it means our bet has failed.

Exactly. Crypto has been a silent topic within the Democratic Party. They're avoiding it as much as possible. Especially when Donald Trump has been a staunch supporter of the crypto industry. Kamala Harris wants to be seen as the "opposite" of Donald Trump. And what better way to do this than going against everything "The Man" has proposed so far?

Most recently, Kamala chose Tim Walz as her VP running mate. I'm not aware of his support for this nascent industry. It's all been talks about abortion, gun restrictions, and whatnot. No mention of crypto whatsoever. If crypto users in America are smart, they'll vote for a pro-crypto candidate such as Donald Trump or RFK Jr. The former has better chances of winning the White House as crypto industry giants announce their overwhelming support. Only can only hope the US turns into a crypto hub in the future. Otherwise, it will be left behind in the dust. Smiley

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August 08, 2024, 03:38:13 AM
 #34

So far, the newest candidate of the democratic party has never stated that they will support cryptocurrencies, they have remained silent, which means they will continue their policy of suppressing cryptocurrencies like the current administration is doing. If we vote for them it means we accept their oppression and are satisfied with what they are doing to us.

Meanwhile, voting for Trump is like betting, we can win or lose, there are no guarantees but as I said, it's better to have few chances than no chances at all. If Trump breaks his promise and continues to introduce draconian policies towards cryptocurrencies like Biden is doing, it means our bet has failed.

Exactly. Crypto has been a silent topic within the Democratic Party. They're avoiding it as much as possible. Especially when Donald Trump has been a staunch supporter of the crypto industry. Kamala Harris wants to be seen as the "opposite" of Donald Trump. And what better way to do this than going against everything "The Man" has proposed so far?

Most recently, Kamala chose Tim Walz as her VP running mate. I'm not aware of his support for this nascent industry. It's all been talks about abortion, gun restrictions, and whatnot. No mention of crypto whatsoever. If crypto users in America are smart, they'll vote for a pro-crypto candidate such as Donald Trump or RFK Jr. The former has better chances of winning the White House as crypto industry giants announce their overwhelming support. Only can only hope the US turns into a crypto hub in the future. Otherwise, it will be left behind in the dust. Smiley

Not all Democrats dislike bitcoin or cryptocurrency, but the Biden administration's unfriendly attitude toward bitcoin is real, and it is possible that Vice President Harris will also have the same opinion as President Biden when their election campaign does not mention cryptocurrency at all.

But it has been reported that some Democrats have formed a group called @Crypto4Harris to support Ms. Harris because they do not want Trump to dominate the cryptocurrency industry. According to the announcement, they will host an online conference in the near future and will have Billionaire Mark Cuban participating along with other industry members.
If this news is true, it means there is disagreement among Democrats regarding cryptocurrency. And if Harris does not publicly declare his support for cryptocurrency, I also think this group's efforts will also be in vain.

https://x.com/EleanorTerrett/status/1820960450705584509


https://www.foxbusiness.com/politics/democrats-launch-crypto-harris-campaign-counter-trumps-industry-appeal

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August 08, 2024, 04:05:35 AM
 #35


If this news is true, it means there is disagreement among Democrats regarding cryptocurrency.


I suspect 99% of Democrats agree that if making empty promises about crypto like Trump has been doing will yield them more campaign money, then that is what they will do.


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August 08, 2024, 05:00:26 PM
 #36

Yesterday, Trump attended a conference for black journalists and declared his support for their rights and freedom of the press in general. Isn't this contradictory to all his previous racist ideas that called for the expulsion of foreigners and the glorification of whites (the white race as racists like to call it)? During the conference, he attacked his competitor Harris and all the beliefs of the Democrats.

This is an example of how many conferences will gain exaggerated momentum because they coincided with the election campaigns of the candidates and the candidates were allowed to attend them, and even exploited them as part of the election campaign. This is exactly what happened with the Bitcoin conference, which Trump (the most prominent figure) exploited to try to gain an additional voter base from outside the Republican Party supporters.

Trump stated that he would facilitate the release of the founder of Silk Road, which does not seem logical at all because this is a judicial matter that has nothing to do with the presidency. He also stated that he would not sell the government’s Bitcoin stock, which is outside his administration’s jurisdiction, and we are not even sure whether the Bitcoin is owned by the authorities or is being held in ongoing cases. In short, he is merely making election promises to gain supporters and this has nothing to do with any current or future US policies that have yet to be considered. It is exaggerated to think that America could become a global crypto hub, at least given the current tensions.

Trump might have exaggerated a bit, but he's the only choice crypto has to thrive in America. RFK Jr. won't even get enough votes to win the election. After all, he's not affiliated to a political party (independent). The big voters are either sided with the Democrats or Republicans. Harris' absence from the 2024 Bitcoin conference has a lot to say about her. If the current Biden administration is anti-crypto, what makes you think a Harris administration would be any better? Under Trump's presidency, the crypto industry was flourishing. Agencies like the SEC and CFTC treated crypto lightly. Even former SEC chairman Jay Clayton was pro-crypto.

Now we have Gary Gensler scaring crypto exchanges and companies away from the country. If Trump wins again and fires him (with a Republican majority in the Senate), the crypto market will turn extremely-bullish. And if he keeps his promise of freeing Ross Ulbricht, the crypto industry will vote Republican again by 2028. Hopefully, the right candidate wins this November. Cheesy

I didn’t say that Democrats are good about crypto. They are very clear about their hostility to crypto and I’m not surprised that Kamala Harris refrained from attending the conference because it represents a niche that is not in the Democrats’ considerations at all. But at the same time, I can’t trust Trump’s promises too much, especially if they come within the framework of an election campaign in the race for the presidency. Everything that Trump is currently promising could have been achieved in whole or in part during his previous term, especially since the Republicans were making a big difference in Congress. I also partially agree with you that the crypto sector may have been a little more prosperous under Trump, but this does not mean that there are no restrictions at all, and Trump himself was hesitant between support and opposition, so he only consolidated the situation, or one might say that he postponed it.

 
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August 10, 2024, 02:21:12 AM
 #37

Not all Democrats dislike bitcoin or cryptocurrency, but the Biden administration's unfriendly attitude toward bitcoin is real, and it is possible that Vice President Harris will also have the same opinion as President Biden when their election campaign does not mention cryptocurrency at all.

But it has been reported that some Democrats have formed a group called @Crypto4Harris to support Ms. Harris because they do not want Trump to dominate the cryptocurrency industry. According to the announcement, they will host an online conference in the near future and will have Billionaire Mark Cuban participating along with other industry members.
If this news is true, it means there is disagreement among Democrats regarding cryptocurrency. And if Harris does not publicly declare his support for cryptocurrency, I also think this group's efforts will also be in vain.

Well, Democrats are divided on many issues. That is a fact. There are some who support Hamas, while others are against it. Same goes with crypto and other topics. I believe the vast majority are against crypto out of skepticism or pure hate. If the Biden administration has been the worse for crypto, why would a Harris administration be any better? Trump knows how the increasing regulatory crackdown on crypto has scared prominent companies away from the country. He wants to take this opportunity by showing his support for the industry (even if he doesn't end up fulfilling his promises in the end).

Crypto industry players are already sided with Trump, especially with the huge donations his campaign has received so far. The 2024 Bitcoin Conference has been very profitable for Mr. Trump. It would be stupid to take a step back after re-election. So odds are Trump will take the crypto/Blockchain industry seriously if we wins back the White House. Polls are showing both Harris and Trump "neck-and-neck" in some battleground states, so anything's possible. Wishing the best of luck for the crypto industry in America.

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August 10, 2024, 02:56:08 AM
 #38


Well, Democrats are divided on many issues. That is a fact. There are some who support Hamas,


There are no Democrats who support Hamas.

It is blood-libel to say that.

Meanwhile, 75% of Israelis want Netanyahu to resign, based on polling there.

Trump is going into the crypto business himself and will use the presidency to pump his own business at the expense of all of the others. If you are in the crypto business in the US, if Trump wins you will be competing directly with the President of the United States.






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August 11, 2024, 01:25:13 AM
 #39

~snip~

Well, Democrats are divided on many issues. That is a fact. There are some who support Hamas, while others are against it. Same goes with crypto and other topics. I believe the vast majority are against crypto out of skepticism or pure hate. If the Biden administration has been the worse for crypto, why would a Harris administration be any better? Trump knows how the increasing regulatory crackdown on crypto has scared prominent companies away from the country. He wants to take this opportunity by showing his support for the industry (even if he doesn't end up fulfilling his promises in the end).

I won't discuss other issues because we can't really know what's going on inside the democratic party, but some members of the group took it upon themselves to form the @Crypto4Harris without the participation of Harris. It's clear that they have deep disagreements about cryptocurrency. What does it mean to vote for Harris when she is not part of the Democratic Party's pro-crypto campaign?


Crypto industry players are already sided with Trump, especially with the huge donations his campaign has received so far. The 2024 Bitcoin Conference has been very profitable for Mr. Trump. It would be stupid to take a step back after re-election. So odds are Trump will take the crypto/Blockchain industry seriously if we wins back the White House. Polls are showing both Harris and Trump "neck-and-neck" in some battleground states, so anything's possible. Wishing the best of luck for the crypto industry in America.
It cannot be said that the entire market but the majority of crypto investors are on Trump's side because he is bringing hope to the industry, unlike the Biden administration which is creating despair for the industry.
Personally, I don't expect Trump to keep every promise, but I think at least he won't be as harsh on us as the current administration.

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August 11, 2024, 01:52:29 AM
 #40

Politicians are a group of people who are very good at stringing words together to convince the audience to believe what they have just said in their speech, they will try to pull out that trick when they need other people to achieve their desires. That's my view of what Trump did in front of the Bitcoin community. Everything Trump said was just a promise in his campaign to attract more supporters to support him to become president, but it is not yet certain whether he will actually keep his promise or not. Inadvertently, Trump has changed the views of people who were previously against Bitcoin, but if he really fulfills his promises after being elected president, Bitcoin will become famous and sought after by investors.

 
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