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Author Topic: Trump Left 2024 Bitcoin Conference $21 Million Richer  (Read 300 times)
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July 31, 2024, 02:31:17 PM
 #1

Could be Trump season; 21 million bitcoins and now $21 million for Trump/ A coincidence?

Quote
Former President Donald J. Trump, who became the first major candidate to address a cryptocurrency conference on Saturday, reportedly raised $21 million during the Bitcoin 2024 event.
The funds reportedly came primarily from a private event, where a photo cost at least $60,000.
The campaign had previously raised $4 million in crypto since beginning to accept digital asset donations in May before the start of the conference.


https://www.theblock.co/post/308407/trump-campaign-raises-21m-during-bitcoin-2024-conference

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July 31, 2024, 05:29:34 PM
 #2

Could be Trump season; 21 million bitcoins and now $21 million for Trump/ A coincidence?

Quote
Former President Donald J. Trump, who became the first major candidate to address a cryptocurrency conference on Saturday, reportedly raised $21 million during the Bitcoin 2024 event.
The funds reportedly came primarily from a private event, where a photo cost at least $60,000.
The campaign had previously raised $4 million in crypto since beginning to accept digital asset donations in May before the start of the conference.


https://www.theblock.co/post/308407/trump-campaign-raises-21m-during-bitcoin-2024-conference

There is nothing significant about the coincidence. A politician went to a Bitcoin event to raise money and also gain support. People who think that a handshake or photograph with him is worth $60,000 had they privilege to donate and get it. The total amount he realized from donation is $21 Million, and the figure is also the maximum supply of 21 million bitcoins. There is nothing to discuss other than Donald Trump just raised some funds and made promises that he might not be able to fulfill just because he wants to return to the White House.

However, so many news outlets reported that he raised $25 Million and not $21Million.

Donald Trump raises $25M during Bitcoin 2024 conference

Trump Raises $25M At Bitcoin Conference In Nashville, Second Highest Fundraiser Across Campaigns

Trump Reportedly Raised $25 Million At the Bitcoin Conference Fundraiser

Donald Trump Raises $25M From Bitcoin Conference 2024

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July 31, 2024, 05:55:14 PM
Merited by vapourminer (1)
 #3

Could be Trump season; 21 million bitcoins and now $21 million for Trump/ A coincidence?

Quote
Former President Donald J. Trump, who became the first major candidate to address a cryptocurrency conference on Saturday, reportedly raised $21 million during the Bitcoin 2024 event.
The funds reportedly came primarily from a private event, where a photo cost at least $60,000.
The campaign had previously raised $4 million in crypto since beginning to accept digital asset donations in May before the start of the conference.


https://www.theblock.co/post/308407/trump-campaign-raises-21m-during-bitcoin-2024-conference

There's no coincidence here because this number is not official. So let's wait for the official number. The article author is just trying to gain some additional visitors.

The main point here is the amount of money. A single conference raising 21 millions is astounding. It shows high confidence of the Bitcoin community on Donald Trump.

Let's hope that he is able to fulfill the demands of the crypto community after election.

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July 31, 2024, 06:22:35 PM
 #4

There is so many threads about Trump and his bitcoin/cryptocurrency speech and events as campaign promises, this is really making the head ways, but then there is need to mentain some sanity in here, we are happy that bitcoin and cryptocurrency is taken the central stage in the news lately, but then we have to know the rules of the forum doesn't permit multiple same/similar threads, so we should continue all discussions related to Trump his bitcoin approach and campaigns in one thread, so I suggest you lock this thread and continue the discussion in the other threads.

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July 31, 2024, 07:34:29 PM
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Well I do know that he was gifted a PF70 NGC graded Casascius coin as seen below.  This really sickens me as I am entirely confident that ole Donny boy has absolutely NO CLUE what bitcoin really is and I bet if you sat him down in a room and gave him one hour to explain what either bitcoin or the blockchain were, he would not be able to complete that task.  I mean do any of you actually believe he understand the underlying technologies that make bitcoin so great??


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July 31, 2024, 08:00:02 PM
 #6

Could be Trump season; 21 million bitcoins and now $21 million for Trump/ A coincidence?

Quote
Former President Donald J. Trump, who became the first major candidate to address a cryptocurrency conference on Saturday, reportedly raised $21 million during the Bitcoin 2024 event.
The funds reportedly came primarily from a private event, where a photo cost at least $60,000.
The campaign had previously raised $4 million in crypto since beginning to accept digital asset donations in May before the start of the conference.


https://www.theblock.co/post/308407/trump-campaign-raises-21m-during-bitcoin-2024-conference

Everything could be a coincidence and that is if there is no much of the political hands over it, lately now, it is more obvious that Trump is now becoming the center of discussion with his take over bitcoin, this only clearly shows that with bitcoin support, one can even make his dream come through, his appearance at the bitcoin conference and the money raised could all be towards the continuity of both the campaign and his ambition towards bitcoin adoption as a legal tender if he emerge the winner, sooner, thing will suddenly change for go.

Regarding the numbers of threads, we are having lately concerning this same discussion over Trump, it could have been better if there is a unique thread to constitute all discussions.

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July 31, 2024, 09:06:20 PM
Last edit: July 31, 2024, 10:03:52 PM by franky1
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 #7

what people need to realise is, unless trump makes a truly defined promise such as repealing certain bitcoin limiting laws, his appearance is just about waving his hands around faking his adoration of a community to win votes

in short telling idiots he loves them so they throw money at him(like a stripper)

there have been many topics about trumps attendance but no one posting in those topics have shown a transcript of any defined pledges he made that will actually cause meaningful benefit to bitcoiners apart from the standard empty slogan of "make X better again"

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July 31, 2024, 09:23:28 PM
 #8


Everything could be a coincidence and that is if there is no much of the political hands over it, lately now, it is more obvious that Trump is now becoming the center of discussion with his take over bitcoin, this only clearly shows that with bitcoin support, one can even make his dream come through, his appearance at the bitcoin conference and the money raised could all be towards the continuity of both the campaign and his ambition towards bitcoin adoption as a legal tender if he emerge the winner, sooner, thing will suddenly change for go.

Regarding the numbers of threads, we are having lately concerning this same discussion over Trump, it could have been better if there is a unique thread to constitute all discussions.
Based on what I read, It seems that what you have explained is what I think the reason why trump became the center lf discussion because he wants to go back to WH and also become more richer than before. If not, then what's the reason for trump going to the cryptocurrency event if it is only getting more richer by the day. As many people would say, it could be a coincidence and it may not be a coincidence at all.

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July 31, 2024, 09:42:15 PM
 #9

Now that he is so deep in the Bitcoin stuff, it will be very hard on him if he wins the Elections and he does not show the same support for Bitcoin or, worse, he turns against it.  Though I would not be surprised if all of a sudden 'something happens' and 'the best choice' is to try and push Bitcoin back.

I would definitely be very disappointed as a Republican voter particularly if his sudden adoration for Bitcoin is what made me lean toward his vote.  The thing is.  Even if he shows hatred all of a sudden, it is still only the voters who lose.  He does not.  No matter the case, if he wins the Election he is still a winner.  Not liking Bitcoin all of a sudden is not significant enough to provoke significant anger and consequences from the public, so it is all in his favor.

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July 31, 2024, 11:47:07 PM
 #10


Quote from: franky1
what people need to realise is, unless trump makes a truly defined promise such as repealing certain bitcoin limiting laws, his appearance is just about waving his hands around faking his adoration of a community to win votes

trump already had a chance to make bitcoiners lives easier but he let the IRS force them into paying taxes even though they didn't convert to fiat! that just shows you how he doesn't really care and he has no intention of changing that either. so i don't think he's as big of a friend to people as they think on this forum.
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August 01, 2024, 12:11:09 AM
 #11

Well I do know that he was gifted a PF70 NGC graded Casascius coin as seen below.  This really sickens me as I am entirely confident that ole Donny boy has absolutely NO CLUE what bitcoin really is and I bet if you sat him down in a room and gave him one hour to explain what either bitcoin or the blockchain were, he would not be able to complete that task.  I mean do any of you actually believe he understand the underlying technologies that make bitcoin so great??

https://i.ibb.co/5FBvzLt/50093788content-Photo1.jpg

Trump can Make Bitcoin Great Again!  </joking>

You are correct, there is little chance he knows much about Bitcoin code and the underlying technologies. Knowing what a poor choice the Americans have, perhaps Trump is a bit less horrible than Harris. Having a former President and top candidate going to a BTC conference never happened before, so this is really big news.
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August 01, 2024, 02:50:05 AM
 #12

I think connection between $21 million raised and 21 million Bitcoins is not a big deal. Donald Trump event was just way to collect money from rich people who wanted to meet him and take picture. He raised $21 million which shows he can get a lot of money from donors. He made promises to get this money but we do not know if he will keep them. Event was just a way to help him become President again. People are focusing too much on the Bitcoin part and not enough on Trump fundraising and political goals.

 
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August 01, 2024, 05:39:21 AM
 #13

Now that he is so deep in the Bitcoin stuff, it will be very hard on him if he wins the Elections and he does not show the same support for Bitcoin or, worse, he turns against it.  Though I would not be surprised if all of a sudden 'something happens' and 'the best choice' is to try and push Bitcoin back.
I have thought of this too, because politicians can be so conny and truckish by using a strategy to get what they want expecially during election, because during first tenure of Trump he didn't talk so much about bitcoin as compeard to now, or does he suddenly developed a feeling of likeness for bitcoin after he was out of seat? But as the case may be I wish him well this time if his passion for bitcoin is genuine or not he has always been a good man because I haven't heard so bad about him. I believe he will do better but promoting bitcoin when his elected in will be more better for the bitcoiners.

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Marvell1
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August 01, 2024, 09:08:17 AM
 #14

Now that he is so deep in the Bitcoin stuff, it will be very hard on him if he wins the Elections and he does not show the same support for Bitcoin or, worse, he turns against it.  Though I would not be surprised if all of a sudden 'something happens' and 'the best choice' is to try and push Bitcoin back.
I have thought of this too, because politicians can be so conny and truckish by using a strategy to get what they want expecially during election, because during first tenure of Trump he didn't talk so much about bitcoin as compeard to now, or does he suddenly developed a feeling of likeness for bitcoin after he was out of seat? But as the case may be I wish him well this time if his passion for bitcoin is genuine or not he has always been a good man because I haven't heard so bad about him. I believe he will do better but promoting bitcoin when his elected in will be more better for the bitcoiners.

We should stop looking at his past to judge him in the present, just like Blackrock's CEO recently admitted his mistake of ignoring bitcoin years ago. I'm not saying that Trump is really friendly to bitcoin but everyone can change their opinion on bitcoin, we don't need to be too harsh on them.

As for the promises of politicians, we should not put all our hope in them because the nature of politics is evil and it is no longer strange to us. We can vote for them because voting for them is also giving ourselves a chance, but we should never naively put all our trust in them, politicians who break promises are part of their lives.

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August 01, 2024, 10:01:59 AM
 #15

Could be Trump season; 21 million bitcoins and now $21 million for Trump/ A coincidence?

Quote
Former President Donald J. Trump, who became the first major candidate to address a cryptocurrency conference on Saturday, reportedly raised $21 million during the Bitcoin 2024 event.
The funds reportedly came primarily from a private event, where a photo cost at least $60,000.
The campaign had previously raised $4 million in crypto since beginning to accept digital asset donations in May before the start of the conference.


https://www.theblock.co/post/308407/trump-campaign-raises-21m-during-bitcoin-2024-conference

Maybe that's the reason why he love bitcoin for now since he see that there's lot of things he can take advantage on. Then to many money flow on cryptocurrency, so instead of hating it much better for them to adapt since maybe this could bring something huge boost to their economy especially if they can regulate well the transactions happening on bitcoin or cryptocurrency scene and make sure to cut some taxes for people who use it.

But then again lets not put all our trust on whatever has been said by politician since as people know they are professional liars. So don't hope for further development and focus on something realistic things to happen. if they deliver then its good but if not then there's nothing to lose, but for sure people will be in raged and he might now win again if he do the things he promise in election period.

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August 01, 2024, 11:29:23 AM
 #16

~snip~
Quote
a photo cost at least $60,000.

And people thought that NFTs were a scam  Grin

In all seriousness though, reading articles like this reminds me of how easy it is to make money if you think outside the box.

Basically working for an income seems almost like an insult these days, where you spend all your waking hours renting your body and brain to someone and the pay is usually not that great.

Even if you are on the, say, highest 10% of the income earners, you still cannot afford a great house in most of the western world. It's getting out of control.

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August 01, 2024, 11:30:30 AM
 #17

Could be Trump season; 21 million bitcoins and now $21 million for Trump/ A coincidence?

Quote
Former President Donald J. Trump, who became the first major candidate to address a cryptocurrency conference on Saturday, reportedly raised $21 million during the Bitcoin 2024 event.
The funds reportedly came primarily from a private event, where a photo cost at least $60,000.
The campaign had previously raised $4 million in crypto since beginning to accept digital asset donations in May before the start of the conference.


https://www.theblock.co/post/308407/trump-campaign-raises-21m-during-bitcoin-2024-conference

Maybe that's the reason why he love bitcoin for now since he see that there's lot of things he can take advantage on. Then to many money flow on cryptocurrency, so instead of hating it much better for them to adapt since maybe this could bring something huge boost to their economy especially if they can regulate well the transactions happening on bitcoin or cryptocurrency scene and make sure to cut some taxes for people who use it.

But then again lets not put all our trust on whatever has been said by politician since as people know they are professional liars. So don't hope for further development and focus on something realistic things to happen. if they deliver then its good but if not then there's nothing to lose, but for sure people will be in raged and he might now win again if he do the things he promise in election period.

Your thoughts are likely correct because all politicians are just only looking for every opportunity that would favour them in the poll so that they would use it as a good point to gain the heart of the masses. So taking advantage of the Bitcoin community is a good strategy which I think he would really benefit from.

I really do not think about him turning around against Bitcoin enthusiast after being elected by that same pro Bitcoin supporters. You know one thing, change is dynamic and not static. President Trump must have taken his time to study about Crypto and Bitcoin and that has possibly enlightened his thoughts and perspective towards crypto and Bitcoin hence his support for Bitcoin and Crypto currency in the USA.

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August 01, 2024, 11:32:25 AM
 #18

You would be ridiculous to think that this all went to his personal wealth.*

He's running a presidential campaign, so he needs to use all of that for money for advertising. He cannot take the voter base for guaranteed anymore, especially now that Joe Biden is no longer running and he's running against Kamala Harris.

*That being said, it would not surprise me if he ends up using it for money laundering or court settlements instead, although that would be a very stupid move from him.
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August 01, 2024, 11:44:22 AM
 #19

It's always funny to watch a billionaire ask for money from people who don't even know how many zeros are in a billion Cheesy

*That being said, it would not surprise me if he ends up using it for money laundering or court settlements instead, although that would be a very stupid move from him.
Didn't the Saudi dictator and the murderer of Washington Post journalist already pay his legal expenses?

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August 01, 2024, 11:50:06 AM
 #20

*That being said, it would not surprise me if he ends up using it for money laundering or court settlements instead, although that would be a very stupid move from him.
Didn't the Saudi dictator and the murderer of Washington Post journalist already pay his legal expenses?

I think he only paid up to his 2021 expenses, someone needs to fax him the new invoice in 6 months Wink
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