Has Donald Trump Made Crypto Worse or Better Since In Office?

[coin-investor]

The bottomline is he is pushy crypto for long term, but this is also for his personal gain. So I can't say that he is on a good faith being publicly promoting cryptocurrency.

That's Trump's trademark: whatever he promotes, he makes sure that he also benefits; it's unacceptable for him if the whole community benefits and he only gets appreciation. He will make sure the businessman in him plays a role in this industry, and that's what happened with his meme coins and his family's other cryptocurrency projects.

Trump made a huge impact in the community, but he will get out of office with more money from his cryptocurrency venture
You really can't get the business out of a man who's done business his whole life.

[PERtua]

But, perhaps the larger idea is to distinguish Bitcoin from the broader crypto sector. While the involvement of government can add more legitimacy and institutional interest to Bitcoin.
That does not necessarily mean that all government related crypto initiatives are helpful. The Strategic Bitcoin Reserve is one such example where Bitcoin is more of an asset with a strategic value rather than just another speculative currency. The focus on Trump-related meme coins has also caused the industry's more speculative aspects to come to the fore. I don't believe that good and bad Government is a foregone conclusion. But it's perhaps more important to ask that it actually result in actual adoption and valuable infrastructure. Rather than more hype and speculation.

[shinratensei_]

What we expected when Trump taking office is lower interest rate, good regulation, overall a win for crypto community and what we're getting are WLFI, $TRUMP, and $MELANIA with lawsuit as cherry on top.
The regulation also always about allowing wall street to expand into crypto, never about the crypto community itself, nothing really improving and we're also getting higher interest rate recently which could stunt bitcoin's organic price recovery. The crypto community isn't really winning under his administration.

[Zaka1221]

Good when it comes to legalizing crypto, he's really pushing for it, bad when it comes to making money through crypto, the Trump meme coin sucked the liquidity from the market and has been making new all time low ever since.
I think he's favouring crypto in the first place because he could make billions easily and has been getting so many support from crypto on the election, but his real purpose has always been to make money off crypto and he's doing great because he has been making billions.

Now we are facing the aftermath of the $Trump meme coins, endless shitcoins being deployed including the recently deployed Hunter Biden's $LAPTOP token and expects to see more, there will be endless waves of shitcoins.

He is clever enough to understand consequences of arguing about crypto and its benefits just because of this using his influence for having good amount in his pocket with the help of meme coin and he family is also now engaged with huge investments which are doing good even he is doing mostly for his own interest but still its good for crypto and bitcoin.

Recently he has been trying to bring a few good things because he wants to benefit more his nearby community, and it's also going to be work for the crypto community; mostly people are not happy due to his shitcoins, but he is using every aspect to have a benefit. Recently I read he has doubled his assets in the last few years because he is making the right decisions for having good profit; maybe he will bring something more beneficial for crypto in the coming months.

[dwyane36]

What we expected when Trump taking office is lower interest rate, good regulation, overall a win for crypto community and what we're getting are WLFI, $TRUMP, and $MELANIA with lawsuit as cherry on top.
The regulation also always about allowing wall street to expand into crypto, never about the crypto community itself, nothing really improving and we're also getting higher interest rate recently which could stunt bitcoin's organic price recovery. The crypto community isn't really winning under his administration.

Once Trump and his inner circle began abusing their positions to maximize financial gain through meme token creation and insider trading, this eroded the crypto community's loyalty to him. That said, things were no better under the Democrats. One need only recall how Gensler abused his position as SEC chairman by exerting heavy pressure on the crypto industry.

[Abiky]

Good when it comes to legalizing crypto, he's really pushing for it, bad when it comes to making money through crypto, the Trump meme coin sucked the liquidity from the market and has been making new all time low ever since.
I think he's favouring crypto in the first place because he could make billions easily and has been getting so many support from crypto on the election, but his real purpose has always been to make money off crypto and he's doing great because he has been making billions.

Now we are facing the aftermath of the $Trump meme coins, endless shitcoins being deployed including the recently deployed Hunter Biden's $LAPTOP token and expects to see more, there will be endless waves of shitcoins.

Trump's push for legalizing crypto, will be even worse for the industry in the long run. Why? Because it will worsen centralization. It's already happening with "Wall Street", and banks' involvement in crypto. Good for market prices, but bad for decentralization.

Donald Trump has become the face of crypto (particularly Bitcoin) with his pro-crypto policies. Now that he's facing backlash for the Iran war, the unpredictable tariffs, and the bullying of US allies, things might backfire for crypto. Everyone around the world will view crypto negatively as they associate it with Trump. That's what happens when crypto gets involved with politics. I hope I'm wrong, and crypto continues to thrive way beyond the Trump presidency. Who knows what will the future bring?

[coinrifft]

Trump's push for legalizing crypto, will be even worse for the industry in the long run. Why? Because it will worsen centralization. It's already happening with "Wall Street", and banks' involvement in crypto. Good for market prices, but bad for decentralization.

Donald Trump has become the face of crypto (particularly Bitcoin) with his pro-crypto policies. Now that he's facing backlash for the Iran war, the unpredictable tariffs, and the bullying of US allies, things might backfire for crypto. Everyone around the world will view crypto negatively as they associate it with Trump. That's what happens when crypto gets involved with politics. I hope I'm wrong, and crypto continues to thrive way beyond the Trump presidency. Who knows what will the future bring?

I don't know, but I have a feeling that those who are into the market specially in the last 3-5 years are no longer into the decentralization thing. It's more of how they can make a huge money in there as the market became one of the biggest if not the biggest speculative assets we have.

Not saying that Trump is good, but he is better as compare to the last US president who goes on a massive witch hunt on crypto and wanted to stop it at any cost. But regardless of who is going to be the US president, it's obvious by now that crypto can't be stop.

[CucakRowo]

What we expected when Trump taking office is lower interest rate, good regulation, overall a win for crypto community and what we're getting are WLFI, $TRUMP, and $MELANIA with lawsuit as cherry on top.
The regulation also always about allowing wall street to expand into crypto, never about the crypto community itself, nothing really improving and we're also getting higher interest rate recently which could stunt bitcoin's organic price recovery. The crypto community isn't really winning under his administration.

Once Trump and his inner circle began abusing their positions to maximize financial gain through meme token creation and insider trading, this eroded the crypto community's loyalty to him. That said, things were no better under the Democrats. One need only recall how Gensler abused his position as SEC chairman by exerting heavy pressure on the crypto industry.

Hehe.. not exactly shocking. Politicians were never really people to put your trust in, let alone build your expectation around.

Trust me, once you stop expecting anything from them, you stop getting let down.

Market though? It was around way before Trump or Biden ever became president. Its still standing, and it will keep maturing no matter who's next in office.

At the end of the day market moves on supply, demand, and a bunch of other stuff. Not on some guy sitting in the Oval Office. So do not waste too much energy on Trump or whoever's next and what they gonna do.

[Hyphen(-)]

With the creation of Donald Trump's meme coins and all involvement into the crypto space. Has this made the space better or worse?
Did it make the reputation of the entire crypto space more positive or more negative?
As it was something many years ago that people did want governments to get involved in crypto for adoption.

Was this the wrong approach? Wrong type of government to do this?

Explain your thoughts on all this.

I can’t say that he has made any positive impact into the crypto space, he is just an individual and can have influence, but he can’t control the crypto space. So many things happen during his time, but he is not capable of changing anything from crypto, he can make some impact which creation if his meme coin was a way for him to make money as well for himself, despite him being in the office, he can’t control the market, that is why the government will make no good to the crypto in my opinion, there, their involvement will never have great impact to crypto because they will always tends to control it, and it is not possible for them.

[Localhostspeed]

I can’t say that he has made any positive impact into the crypto space, he is just an individual and can have influence, but he can’t control the crypto space. So many things happen during his time, but he is not capable of changing anything from crypto, he can make some impact which creation if his meme coin was a way for him to make money as well for himself, despite him being in the office, he can’t control the market, that is why the government will make no good to the crypto in my opinion, there, their involvement will never have great impact to crypto because they will always tends to control it, and it is not possible for them.

I think he gave more confidence to people to rugged more coins. I was hoping that Robinhood was going to be a special chain that will help some altcoins to recover because I remembered anytime a coin is announced to be listed on Robinhood, the price do numbers, like they do numbers but it's said to see that Robinhood is another solana2.0 where people launch anything they want. We are not innovative for anything again, just cheap cheap things.

If Trump didn't set example like he did, I do not think a person Like Hunter Biden will come to public, lie on everyone faces and say he want to launch the next thing in crypto only to launch Laptop meme coin. I have seen worst coin but his was the worst launch I have seen. It was expected that the price was not going to be fair but somehow people still wasted all their money on it, just wasted effort.

[Rengga Jati]

With the creation of Donald Trump's meme coins and all involvement into the crypto space. Has this made the space better or worse?

To be honest, there are both plus and minus.

On the plus side, he has introduced various regulations that make things easier for the crypto industry. In fact, some of Trump's statements have even helped the market surge rapidly. This is certainly good for cryptocurrency development, especially since US policies usually have a major global impact.

But, on the other hand, he and his family can sometimes easily manipulate the market. The market can drop instantly based on a few statements or even be deliberately driven down to serve specific interests. They seem like they want to dominate and manipulate the crypto world.

It's kinda mixed for me to be honest. I see trump as a pro crypto as he is actively speaking about it and he has support for the clarity act. But I see this as a personal gain thing as trump and his family members are affiliated with many crypto projects and crypto companies so there's actually a motive why he is so pushy about crypto.

That's it.
That is why always control ourselves whatever happen to crypto world.  Always take the positive things. But, be careful, never FOMO or greedy.

[uneng]

Better for himself, probably. I'm not into details of what he has been doing with crypto these days, but I have seen that Trump has been making big profit through Solana and that Polymarket's events are being gambled by people close to him in his office.

The only positive aspect I've noticed is that Trump's election affected Bitcoin positively on the last bull run, boosting the ATH. Anyway, I will never forget he said on the previous mandate as president that he was against Bitcoin, because it was harmful to Dollar currency and that he was all in for Dollar.

So, how can someone like that be good for Bitcoin if we think beyond the speculative aspect of it?

[Iamgoat]

What we expected when Trump taking office is lower interest rate, good regulation, overall a win for crypto community and what we're getting are WLFI, $TRUMP, and $MELANIA with lawsuit as cherry on top.
The regulation also always about allowing wall street to expand into crypto, never about the crypto community itself, nothing really improving and we're also getting higher interest rate recently which could stunt bitcoin's organic price recovery. The crypto community isn't really winning under his administration.

I know in this conversation, everyone will have their own opinion as to whether the crypto has made success under the administration of trump or not. Now if you look at it critically from your perspective, Trump coming up with those business strategies you pointed out now shows he at some point took advantage of the community and also made a lot of money from it being a businessman he is despite being a politician, he strategically used his political popularity and campaigns which lean towards favoring the crypto community to launch those projects you mentioned above making huge profits from the market. He has also shown his support for the crypto space over the time period of his campaign where he also promised to create the strategic bitcoin reserve in the united state treating bitcoin as a reserve assets and so on. If you look at all these examples plus his GENIUS act for the stablecoins or so, they look really big and interesting to the bitcoin space and also suggest more recognition from the side of the government of the USA, where you can also say he is probably the most bitcoin friendly and supporter seeing his public moves but are most of these things implemented properly and strongly as said on paper, I think a larger part of such answers should come from Americans here and why the CLARITY act also failed to advance past the senate corridors , and because many of the bitcoin community also complained about the high interest rates and others, can they really say this administration has been so impactful in practicality?

[o48o]

He has managed to stain crypto, by branding it to be synonymous with his criminality and corruption. And by doing so he has alienated huge amount of people who don't want anything to do with it ever.

I could have gotten away by saying i am into cryptos back in time, but these days it's a huge turnoff, so luckily i don't need to talk about it with anyone.

Worst part of it is that no one should have so much power, that their actions alone could stain the whole movement. The fact that people want to give the spotlight to this demented criminal and expected to see him as some sort of bitcoin savior makes me feel sad.

[Texac]

He has managed to stain crypto, by branding it to be synonymous with his criminality and corruption. And by doing so he has alienated huge amount of people who don't want anything to do with it ever.

I could have gotten away by saying i am into cryptos back in time, but these days it's a huge turnoff, so luckily i don't need to talk about it with anyone.

Worst part of it is that no one should have so much power, that their actions alone could stain the whole movement. The fact that people want to give the spotlight to this demented criminal and expected to see him as some sort of bitcoin savior makes me feel sad.

Crypto is a global industry. It doesn't depend on or revolve around any single person. So I don't think it's fair to hate on the whole space just because some famous idiot decided to attach his name to crypto.

What Trump is doing only stains his own reputation, and the US government's too. He's just using crypto for his own gain, so if anything crypto is the victim here.

Good news tho, it won't last. His term only has 2 years left. Not long now.

[o48o]

Crypto is a global industry. It doesn't depend on or revolve around any single person. So I don't think it's fair to hate on the whole space just because some famous idiot decided to attach his name to crypto.

What Trump is doing only stains his own reputation, and the US government's too. He's just using crypto for his own gain, so if anything crypto is the victim here.

Good news tho, it won't last. His term only has 2 years left. Not long now.

It should be, yeah. Yet people in crypto industry tend to lift worst people on pedestals to be talking heads for their bags. They knowingly give them spotlight in hopes for attention, no matter what kind of attention that is, as long people speaking are rich and allegedly into crypto. That's horrible PR.

This isn't new, this is just biggest one yet. People were fanboying McAfee for same reasons, just because he pumped their bags, never grew up and was famous enough. No matter if he assaulted or killed someone. That one was easier to get, as he had parallel symbolic value of being a rebel, even if he was only shilling shitcoins for money.

[jossiel]

I will give him credit for the start of this term and when he's campaigning because we've seen the reaction of the market at that time.

But that stays there, other than that I don't think that he'd done better after that. With all of these meme coins from his family, it only suck a lot of people's money.

Although it's also the fault of those investors that have fed to the hype that he and his family created.

[Kavelj22]

But, perhaps the larger idea is to distinguish Bitcoin from the broader crypto sector. While the involvement of government can add more legitimacy and institutional interest to Bitcoin.
That does not necessarily mean that all government related crypto initiatives are helpful. The Strategic Bitcoin Reserve is one such example where Bitcoin is more of an asset with a strategic value rather than just another speculative currency. The focus on Trump-related meme coins has also caused the industry's more speculative aspects to come to the fore. I don't believe that good and bad Government is a foregone conclusion. But it's perhaps more important to ask that it actually result in actual adoption and valuable infrastructure. Rather than more hype and speculation.

You have ignored two main facts in your analysis. One is that all what we saw as tries to make crypto widely adopted can also be considered as a part of electoral program of Mr the president. While in fact, nothing has moved since Nashville meeting during Trump's electoral campaign. Second, is that the partial success the crypto market has achieved was in favor of some shitcoins made by some of the president closed circle. His wife and his friends investors.

Has Donald Trump Made Crypto Worse or Better Since In Office? Actually, I don't see any better initiatives or a great move to the future be like.

[OgNasty]

You can't judge Trump's effect on crypto yet.  We've been in a bear market.  He's going to leave with a crypto boom, trust me (famous last words).

One thing I can say about him...  He's been on fire today with the soundbites.  Absolutely hilarious.  I'm going to miss him so much when this Presidency is over.  I'm almost glad they scammed Biden into the White House so that we can have Trump now.  He's the only President I've ever had that I will be sad when they leave.

[vs2014]

I think Trump’s involvement has made crypto more popular worldwide cause it brought a lot of attention especially numerous people who didn't know or weren't interested in crypto before. This may be an advantage for crypto industry although there are some disadvantages too. Actually crypto is something that people can controll independently but when it comes to political involvements for personal profit then some people may not recognize it. Although clear rules and strong security from a project can help and protect users from scams and make crypto go ahead