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Topic: Could US Bitcoin survive a Trump presidency - page 2. (Read 2041 times)

legendary
Activity: 1708
Merit: 1006
Trump is like Bush ... a puppet.
it will change nothing.

Trump is a puppet? How so? As far as I can see he is owned by no one. He can't be bought.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
Trump is riding a xenophobic wave.  Isolationism has support.

Bitcoin is an international currency (if I may use that term).

Banks value the fiat at their core.  Casinos, like insurance companies, are fiscal conservatives, essentially banks.  True one can gamble in any currency but banks have fiat at their core.

If Trump were to be elected, or any Conservative for that matter, how would it effect US Bitcoin?

soy

I doubt that Trump will pay attention to bitcoin, there are more important matters than fighting cryptocurrencies. And from what I could see Trump is rather pro bitcoin than against it.
Trump is not even a president and we see grim signs of rejection, services which accepted bitcoin before now discontinued bitcoin support. I can't be worse.
legendary
Activity: 1792
Merit: 1283
I think there is very little chance that Trump will win these elections. But if he does, it would just be very unlikely that he would ban the usage of Bitcoin.
He'd be focussing on much more popular issues, most likely..
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
I don't think that there is any president, dictator, prime minister, or leader of any sort from any country that could do anything that bitcoin would not be able to survive.
I agree with you. Despite the thousands of posts I have seen warning of a "takeover" of BTC, not a single one of them includes a plausible method of doing it. Until I see that I have no real concern.
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
Sure the internet was invented by the US Al gore saw to that with his stint in the CIA/FBI and if anybody finds out who is the creator probably would be traced back to good u s of a too.
sr. member
Activity: 423
Merit: 250
I don't think that there is any president, dictator, prime minister, or leader of any sort from any country that could do anything that bitcoin would not be able to survive.
legendary
Activity: 1512
Merit: 1012
Trump is like Bush ... a puppet.
it will change nothing.
hero member
Activity: 756
Merit: 500
IF Trump would win, which I am not sure that is possible, I think Bitcoin would survive because Trump is probably already invested.  He is creative enough that he would find a way to work with it (creative money wise...only)
legendary
Activity: 1512
Merit: 1012
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
Trump seems predictable but he's not, Bitcoin actually can go both ways, it can also be an instrument of neo-liberarism if you think about. However I don't think he has a chance to become the next US president. If Trump is somewhere close or seems to have a clear chance, millions people will go to vote against him to avoid that, it's that simple.
So you are saying if he says anything about bitcoin in his campaign people would turn away from it as a viable currency because they don't believe in his values and his endorsing it will make it go stale in the eyes of the public voters?
legendary
Activity: 4438
Merit: 3387
Bitcoin would easily survive a Trump presidency, but the U.S. probably would not.
legendary
Activity: 1568
Merit: 1000
Trump seems predictable but he's not, Bitcoin actually can go both ways, it can also be an instrument of neo-liberarism if you think about. However I don't think he has a chance to become the next US president. If Trump is somewhere close or seems to have a clear chance, millions people will go to vote against him to avoid that, it's that simple.
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
I am sure his vote count would go up if he fully was behind bitcoin and it's rise into the main stream.
It can only help his campaign but many would say it would tarnish bitcoin's reputation, so it would not be a match made in heaven.
legendary
Activity: 1120
Merit: 1004
I don't see why it could be bad for Bitcoin for any reason. Since Bitcoin isn't regulated there, he can do nothing bad for Bitcoin except tax it. However, if he do so, this mean that the U.S. officially recognise Bitcoin as an official currency, and this would be far better than all the threats that taxation can bring, at least 25% of the U.S. citizen would be aware of Bitcoin's existence.
hero member
Activity: 560
Merit: 501
Sure, USA does not decide what happens with BTC. It is within hands of people.
legendary
Activity: 1288
Merit: 1087
I'd love to see him win for the pure lulz. Who care about bitcoin in that case? Can the US itself survive?
full member
Activity: 125
Merit: 100
I think Trump will lead the US into another period of great depression and market weaknesses.

This could potentially lead those with money into other markets to hedge their money for returns.

One of these hedges could be BTC, which could hypothetically increase its adoption and useage and confidence weakens in the banking systems seen in the US.
sr. member
Activity: 322
Merit: 250
I ❤ www.LuckyB.it!
January 22, 2016, 04:43:53 AM
#9
I hope for the United States that trump will not the next president, it's not the right person to do this work
sr. member
Activity: 481
Merit: 264
BCMonster.com BTC ZEN HUSH KMD ARRR VRSC ACH RFOX
January 22, 2016, 12:39:07 AM
#8
I don't think it will effect anything.   I would think that the value of a bitcoin would be a lot more effected by what happens in China than it would in the U.S.
soy
legendary
Activity: 1428
Merit: 1013
January 22, 2016, 12:31:04 AM
#7
Conservatives are about 'We have the money and we're going to keep it.'  To conserve, leave unchanged.
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