Donald Trump Says Crypto Is 'Very Dangerous' ... but ... - page 4.

bekti3

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Quote from: Saint-loup on December 26, 2021, 03:37:55 PM

Quote from: bekti3 on December 26, 2021, 03:22:20 PM

He is indeed still very vocal when he talks about bitcoin and the reason is still the same as at the beginning because he still thinks that bitcoin will make the dollar weaken.
On the other hand, talking about NFT, I think he already knows because it's impossible that he doesn't know but there is a reason because it's impossible for him to drop a product created by his family even though he doesn't like it but that doesn't mean he has the right to ban others.
and he already understands business more than others I think Cheesy

That's a little bit surprising to see all those republicans afraid of Bitcoin just because it could harm their national currency, the US Dollar. If they are true liberals why are they afraid about an innovation? Bitcoin will only weaken USD if it is stronger than it. That's it.

the reason is very simple, namely crypto, especially bitcoin, still cannot be regulated by the government in this case means the US financial system. he was very vocal in saying that the world's currency should be dollar-oriented and indeed bitcoin is one that cannot be regulated that's why he hates it so much.
i like his patriotic style who stays cool with his stance but on the other hand he will only be considered a passing wind when talking about crypto

Hypnosis00

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Quote from: molsewid on December 27, 2021, 09:02:37 AM

Quote from: virasog on December 27, 2021, 07:35:10 AM

People like Donald Trump or others who are in official positions roles, often say these statements for a purpose. Every one of them completely understands crypto and may also invest in it, but publicly they deny the importance of bitcoin and always say negative statements about bitcoin and cryptocurrencies.

A businessman and politician like Donald Trump is just one of the people who I think will be the one who knows bitcoin or cryptocurrency in the early stages, I would not going to believe on the thought that he might not know about it, since his wife has an NFT project. I also think he just saying crypto is very dangerous is a kind of intentional statement and would like to gain public attention for his political career. However, I think his statement may not matter right now unlike Elon Musk who's his tweets has an impact on the crypto market.

He just tried to warn people that crypto is a dangerous investment and it seems right. But I don't believe that he even ignore and not going to invest in Bitcoin. Coz if that he really insist, on being a businessman and a politician that is ridiculous. Even his wife knows about NFT and even going to create her own, which surely receives support from his husband and he knows for sure that it involves blockchain and crypto.

MinoRaiola

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Trump says so many things and also likes to change his mind. We know better: in bitcoin we trust.

Now he comes with the Supreme Court. He doesn't want to share the documents related to the attack on the Capitol on 06 january. The lawsuit has already failed and now it goes to the Supreme Court. Many no longer take him seriously. I know there are many Trump fans, for them it looks different. They think he does everything right.

molsewid

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Quote from: virasog on December 27, 2021, 07:35:10 AM

People like Donald Trump or others who are in official positions roles, often say these statements for a purpose. Every one of them completely understands crypto and may also invest in it, but publicly they deny the importance of bitcoin and always say negative statements about bitcoin and cryptocurrencies.

A businessman and politician like Donald Trump is just one of the people who I think will be the one who knows bitcoin or cryptocurrency in the early stages, I would not going to believe on the thought that he might not know about it, since his wife has an NFT project. I also think he just saying crypto is very dangerous is a kind of intentional statement and would like to gain public attention for his political career. However, I think his statement may not matter right now unlike Elon Musk who's his tweets has an impact on the crypto market.

LangePara

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Trump is/was funny. I miss twitter dude.

virasog

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Quote from: qwertyup23 on December 26, 2021, 05:01:58 PM

Quote from: BIT-BENDER on December 26, 2021, 01:34:23 PM

If I could get a dollar for every comments, tweet and so one made my Donald trump that k didn't agree to I would have probably been a billionaire by now, Donald trump has never supported or agreed with crypto-currency or liked it in any way so I don't even take any of his comment concerning crypto-currency seriously, I believe he is learned and also has learned people surrounding him but it's clear he has made is a priority not to support crypto-currency or like it in any way.

To be completely honest, I do not think that Trump actually knows anything- like he reads and talks with his mouth rather than his mind. This lead to a series of contradicting claims in which his previous messages do not reflect his current actions. That is also the reason on why most Americans despise him as a President and as an individual also.

Again like you mentioned, I would not trust any of his statements given all the previous records he held. Even with his statement where he considered cryptocurrency as "dangerous", again, I doubt that he has an idea of what he is talking about.

People like Donald Trump or others who are in official positions roles, often say these statements for a purpose. Every one of them completely understands crypto and may also invest in it, but publicly they deny the importance of bitcoin and always say negative statements about bitcoin and cryptocurrencies.

pushups44

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Donald Trump is a product of his generation and times, but as soon as he sees a potential profit from blockchain and NFTs, he will jump right in. Actually, given that he may be strapped for cash, I wouldn't be shocked if he soon releases his own collection.

NotATether

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Quote from: mynonce on December 26, 2021, 01:21:27 PM

I hope that he knows, that NFTs are on crypto blockchains.

He knows, but he's just playing the double-game with reporters. Nothing new here.

Wind_FURY

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Quote from: mynonce on December 26, 2021, 01:21:27 PM

Trump has never been a fan of crypto. In August, he predicted that cryptocurrencies are “a disaster waiting to happen.” In June, he called bitcoin a scam that needs heavy regulation.

He is right, cryptocurrencies ARE a disaster waiting to happen. Satoshi opened a Pandora’s Box, but it’s disaster to the legacy financial system, to the government, and to all those of intend to surpress freedom-loving people like us the plebs. What do we do? Buy the DIP, and? Cool

Lucius

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I’ve checked the date a few times to make sure this isn’t some old thread, because Donald is as relevant at the moment as the snow that fell last year and melted a long time ago. His reign was from my perspective very satirical and at times comical, and we know that it ended bloodily with unseen scenes of his supporters.

Therefore, his opinion on Bitcoin or cryptocurrencies is completely meaningless, because he is just a businessman trying to make the most of everything - and I don't believe he didn't dip his fingers into crypto, as his wife does. Politicians are great hypocrites, and even greater are those exes who can't regret that they are no longer what they used to be.

We should be more worried about what Biden thinks about everything, but fortunately, he has some much more important problems than dealing with Bitcoin - although I don't believe that his opinion is too different from his predecessor.

buwaytress

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Quote from: qwertyup23 on December 26, 2021, 05:01:58 PM

To be completely honest, I do not think that Trump actually knows anything- like he reads and talks with his mouth rather than his mind. This lead to a series of contradicting claims in which his previous messages do not reflect his current actions. That is also the reason on why most Americans despise him as a President and as an individual also.

Again like you mentioned, I would not trust any of his statements given all the previous records he held. Even with his statement where he considered cryptocurrency as "dangerous", again, I doubt that he has an idea of what he is talking about.

He's not less knowledgeable than most politicians mouthing off though. I'd at least say with him, you know what you get (what you hear is what you get). Well, not precisely, but his heart is on his lips, so to speak.

But why anyone would think what he or any American says is really going to affect the way we use Bitcoin, I never really get.

P.S. I do think using crypto is dangerous for most people, though probably not in the way this thread discusses.

nullama

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"crypto" is very dangerous because it's full of scams.

Bitcoin is a different thing though.

avikz

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I am sure Trump doesn't know a lot of cryptos and its underlying technology. Otherwise he would have said the same for her wife's NFT platform. I mean it's ok not to like cryptos and be vocal about it. Warren Buffet did it, Jemie Dimon did it and Trump did it as well. Crypto market has now become immune from their comments and we are doing just fine without them.

Trump couldn't stop crypto during his time of presidential privileges and what else he would do now?

davis196

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Trump also wasn't a very big supporter of the COVID vaccination,but now he is vaccinated and he supports COVID vaccination. Grin

Trump was hating on China and the "Chinese flu",but he was(and probably still is) doing business in China. Grin

What Trump says and what he is doing are two completely different things(sometimes it can be quite the opposite).
I wouldn't be surprised,if he secretly owns cryptocurrencies.
By the way,aren't Trump and Melania separated? Grin

Poker Player

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To me this is yet another example of the saying "if you can't beat 'em, join 'em". We have seen a few examples already in this cycle, of bankers and people from the world of finance who a few years ago were saying that Bitcoin had no future, if not outright saying a scam, and today have turned into Bitcoin believers even giving predictions for the price of Bitcoin at the end of this year much higher than the price we are at now.

And many more that we will continue to see.

pooya87

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I'm not sure what the significant of this clown is. He is now just a stain in history and has no significance other than being a "celebrity" with some brainless supporters. The fact that they are trying to scam lots of people through the main scam method in cryptocurrency world known as "token creation" shows the depth of shitiness of NFTs and the fact that the only one term president in history cares more about his pockets than anything else. Cheesy

michellee

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Out of that, I remember my dad saying to me that if you do not know about something, that can be dangerous for you. But if you want to learn and try to understand that "thing," maybe not be too dangerous for you, which can benefit you someday. Do not see just from the cover but try to see what is inside of that thing so you will know how you can use it for yourself and hopefully, you will get goodness for yourself.

I do not care with others say about crypto because I just thought that they do not know yet about crypto so they said like that. But if they can see the benefit of crypto, I am sure they will try to use it and get the benefit for themselves.

rodskee

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Sad that it needed for Him to lose the election first before realizing the true Value of cryptocurrencies .

and now that His Wife is getting inside then what can we expect in the following statement of the former president of America?

but this is a good sign of adjusting from a Not so Fan to releasing such good comment now.

Thank you former president .

Mahanton

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Quote from: Tumanggor on December 26, 2021, 06:35:12 PM

Quote from: mynonce on December 26, 2021, 01:21:27 PM

~

when I first heard about his wife issuing NFT, I was thinking hard whether their relationship is safe, whether her husband doesn't know that NFT is a crypto ecosystem too LOL

these two people are very funny, especially trump who is never funny, hopefully in the future his wife sells NFT which is in the form of a trump duck

Sudden u-turn could be possible and we know that people do really changed on what they had told in the past might turn out to be positive in near future but dont anticipate but there would be some probabilities.
Trump says crypto is dangerous but his wife engaged on NFT which is indeed part of crypto ecosystem. For sure they would be talking about it on their bedroom on why the heck
his wife been dealing with that.

TelolettOm

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The world is changing, people are changing, condition maybe also changing.
It is about money and chance.
I personally believe that rich people will not let or miss every condition to earn profits, moreover jigh profits.
We now that Trump may have certain goals when saying bla bla bla..
And now, he will also have certain goals when his wife is going to create NFT.
And, he may change his opinion, maybe
We know, everyone needs money.
He may not use crypto as a currency because he loves dollar. But we don't know if he loves crypto as investment that can also be turned into dollars again after taking profits. Grin

Topic: Donald Trump Says Crypto Is 'Very Dangerous' ... but ... - page 4. (Read 687 times)