Topic: Donald Trump Says Crypto Is 'Very Dangerous' ... but ... - page 3. (Read 687 times)

Trump's response on the former first lady’s non-fungible token (NFT) been his wife's NFT shows a clear picture of how uncomfortable most influential investors are with crypto currency they can't regulate. Trump's fear for Bitcoin is that it's getting more adoption as the day goes by and as more investors are trooping in no government agency is standing in as a middle man or regulator making it even difficult to state who owns what amount of coin

This dribbling bore knows little except to screw over anyone for his own success and benefit. He is clueless about so many topics but likes to act like a know-it-all, just think back to when he was talking about injecting bleach and UV rays directly into the body - he's an absolute clown and it amazes me that millions continued to vote for him. I doubt he knows anything about NFT's that his wife is working on, as it'll just be a little hobby that her distracted while he bangs any prostitute he can and that's good enough for him. Not to disparage the older generations, but this guy is in his 80's and hardly going to be bothered by pioneering new tech unless it can keep him alive longer.

I don't know why I keep believing that the body language of Donald Trump towards cryptos is different from what he does in his privacy, just like other wealthy businessmen who also bad mouth Bitcoin in public. For whatever reason(s) he's critical about crypto in public is best known to himself but it won't deceive someone like me into believing that he doesn't own any crypto at all.

If his wife (Melanie) owned up in public that she had an NFT and he's in her support, it then shows us his real mindset that he silently hodls some.

Don't think so, you would be supportive of crypto if you own it or if you're planning to buy when the prices are really low then there's a possibility that you're going to changing sides much more frequently because you secretly own crypto, I don't think that Trump needs to get into crypto, it's not like he already has billions of dollars.

I am not sure you fully understand what he says there. To me, what that really means is "She is going to do great at making dollars."

NFT's do operate on a blockchain but you do not need to hold lots of coins to benefit from bitcoin or other coins. You can sell apps using ETH and convert the coins into the dollar immediately.

He was the president of the US, it would be weird if said the opposite of what he said because that could be treason. Let's see what Biden says or will say about crypto. I can imagine it is not going to be pretty.

Donald Trump is a very intelligent person and was trained under the old school, he is a person who was widely attached to the Stock Market and is a strong investor and believer in the traditional economy, this makes him think that way about BTC, because BTC For him it does not represent a safe or supported asset, and according to his financial education does not allow or does not want to think beyond what he has, something very different from what happens with Robert Kiyosaki who is a financial analyst and of the same training as Donald Trump but with liberal thinking about the economy and accepting the changes that life gives.

There is surely no chance for this clown to become president again. But what he said about bitcoin is stance of US govt on bitcoin and I am very sure same stance will be taken by current president or the next after current. What Melania Trump is doing is totally in her personal capacity, as deep down in there heart everyone knows how beneficial crypto is.

I'm interested in what you have to say. Trump could have had some bitcoins. And that's an assumption that could be true, because we don't know what Trump is doing.
And if that's true, what is Trump really thinking?
Dangerous cryptocurrencies, if you don't own them? Is that so 😁

Trump has been used to using dollars and he's grown up with it. I believe he has experienced the great things that come with using dollars, hence, he has a big trust on it and continues to uplift it despite all of the inflation that has been happening. Maybe because he thinks that inflation is normal and shouldn't really be afraid from as long as the leaders know how to manage well. However, you see it isn't always the case. In which the reason why there is high inflation that is beyond normal from the usual rate which makes the value of dollar depreciate over time. I guess this is one of the sensitive topics he just can't fathom to tackle about because he is so fixated about the power of dollar.

Trump saying bad things about bitcoin or crypto in general is actually not news. It has been reported several times already about how he disgusts the idea of cryptocurrency stating that it is a dangerous thing to do, as if other things done related to money don't possess risks at all. It's just ironic to hear though now that he is supporting his wife's NFT which is clearly anchored also in cryptocurrency. I don't know if he don't really know that NFTs belong to crypto world or he agrees and supports it suddenly because it will benefit him and his wife. Who knows right? Maybe he already has a portfolio in crypto and just don't let the public know because of his previous stance. Either way, they are the only ones to know. I'll just hope he'll just keep his mouth shut if there would be no educational or sensible things he would say about the community.

Donald Trump's wife i guess creates better thinking than his husband because seeing she's involved in NFTs, then she must know already what the world is up to the present. And sooner, she'll be investing in bitcoin as  its the most profitable investment at the present.

However, Donald Trump will always give his trust to dollar or fiat as he doesn't know anything about crypto and its potentials to create huge profits in the future.

Here's the truth and if anyone ever tells you any different they're wrong or lying... DONALD TRUMP HAS NO CLUE HOW BITCOIN OR CRYPTOCURRENCY WORKS!.  The guy is not the sharpest tool in the shed to begin with, let alone does he have an educated opinion on bitcoin.  He say's he doesn't like it because he doesn't understand it, just like Warren Buffet.  This is the epitome of ignorance, making statements about something you don't understand.



I miss him saying stupid shit a little bit, since it's entertaining to watch this moron make a fool of himself 

Success isnt guaranteed for his wife even if he do deal with NFT because it all matters with the demand and if that one lacks of that then for sure his wife wont really making significant progress or improvement.

They do have their own decisions but we know that Wife's decision would always prevail or would be followed and as husbands then we cant do anything about it but to agree on what they've been dealing with.

Trump is never been positive with crypto or Bitcoin itself which we should not really put up any attention.

Donald Trump has always been negative to bitcoin and crypto since he can't control it even when he was still in his power. And he never sees its worth and very high value because his focus was on accumulating huge amount of dollars, when in fact bitcoin has definitely a higher value than fiat.

However, with his wife's stand on NFT, if she will not be influenced with her own husband, then she will definitely succeed in the future. I just hope Donald Trump will be aware soon that NFT is part of blockchain.

But who still hear from this mad guy !?
For a greedy capitalist, decentralized technologies can be considered as a threat to his powers and authorities. And as the world is moving forward to adopt the technology, Mr Trump is still using popularism to evade the image again, now in the form of a stupid futurist.
At least, he announced his opinion for public, while govs and legislators work behind the scenes to reduce the damage brought by blockchain technology (cryptocurrencies in particular) over their businesses.

I don't think so 
Melanie lunched a centralized project for the simple reason to generate some extra profits.

Didn't do much, but sure talked shit well.

Talking about Donald Trump or any other old rich man who got his money using the old and fiat financial system, they all believe the asset like bitcoin is worthless and got no value because it's not something that got its own value like gold, in short words they do not understand the technology and they should not they even like something like bitcoin when they got rich using the fiat money, so that's completely normal, however, some of them are spreading bad speaks against bitcoin but they are investing on it for themselves. On the other hand, Melania is his wife but she git her own personality and it's not surprising to see she got a different opinion regarding bitcoin and cryptocurrencies.

I kinda miss the clown's tweets too. And I'm sure a lot of others are missing those too specially since he used to spill secret and top secret documents in his tweets damaging national security

What trump was referring is about decentralized bitcoin while his wife has launched something on centralized system, we need to understand that difference first. As a crypto enthusiastic I am fully aware of the fact that governments all around the world are in no favor of crypto and this trump statement is not something new.

Donald Trump I believe secretly own some bitcoin, you are anti-crypto, but your wife wants to make money from NFT and you say "it will be great" . We understand the direction of the pendulum already. I personally respect and love Trump but the master is wrong his postion about cyptocurrency.

Trumps hold no power and it's unclear if he'll even have a chance of becoming the president again, so for now it's completely irrelevant what he things, since he is incompetent in everything, including economics and monetary policy.

Trump was either lobbied by someone to take a stance against crypto, or he just saw it as some image of an enemy that could be used to rally more people for him.