Topic: Donald Trump speech at the Bitcoin 2024 Conference held in Nashville. - page 2. (Read 621 times)

And... another bunch of positive sentences with regards to Bitcoin coming from a POLITICIAN that's a "PRO-BITCOIN".
The question is, will his stance the same when he became a president "YET AGAIN".

I mean he can say positive things about Bitcoin, and can be a sweet talker now, but can change himself when he is elected. I'm not against Trump because he's the obvious winner in this year election (unfortunately), but I just don't like the fact that he's using Bitcoin to gain popularity. USA will be the reason when the price of Bitcoin skyrockets? As if that only American people are the only ones investing into cryptocurrency.

Call me pessimistic, but I will wait for him to do what he's saying with regards to Bitcoin. He said many things already about it, and I just hope that he will do it when he gets elected.

Yeah, it's a waiting game for crypto enthusiast, if ever he will win this year's Presidential election. He is such a controversial figure that there are people who either love or hate him. And not after speaking in the conference, it pushes the price to $70k for a brief moment, so good job for him and then there are people who took advantage of it and sell.

So we will see if he is going to be true to his words, or just like the rest of the politicians that after being re-elected, they totally forgot their promises, on what they said during the campaign. But majority would agree that Gensler should really be fire from his office, 

He is standing for the sake of his own success with this upcoming presidential election, certainly not for bitcoin and its community. I think not only you but majority of us here are still doubtful about Trump. Until we don’t see him supporting bitcoin and its community if ever he wins, my hesitation towards him will certainly remains.

If you actually lived in the USA and knew something about the politics here, you would not support Trump--even as a foreigner.

Trump's political support comes mainly from two things:

1. He promises to criminalize abortion in the USA, and attack women who have already had them by exposing their personal information.

2. He promises to deport 5% of the US workforce immediately, leading the massive economic disruption.

Both of these things will be very bad for Bitcoin, even if he doesn't move to takeover Bitcoin or replace it with his own currency, which is also very possible under Trump.

But with so many in the Bitcoin community now begging for government intervention into the Bitcoin market--because they think it will temporarily prop up the price--I think Bitcoin's days as an independent entity are numbered.

Inviting the government into Bitcoin's business is like inviting the Mafia into the business: they are nice at first, and then they will want their cut, and they they will take control.

Here's how it will all go down:

1. Trump will order the US to buy a huge chunk of Bitcoin, giving the US government effective control of the price of Bitcoin since the US has the power to buy and sell so much at once.

2. With control of Bitcoin's price, Trump can then extort any imaginable concession from the community he wants.

3. With control of Bitcoin secured, Bitcoin will then be controlled by US politics, and things like abortion drives US politics, not the net worths of people like Elon Musk.

4. Voters who want to fight the new "War On Abortion" will want to control anything that allows payments to be made for illegal abortions, e.g. Bitcoin and other cryptos.

5. Hence, Bitcoin holders will be given a choice between accepting a defacto US takeover of the Bitcoin network or it being replaced by something that Trump himself profits from (or both).

I keep saying this, and it's pretty obvious what is going to happen (maybe not exactly like that, but generally), but it would seem that the Bitcoin community is controlled by a few Bitcoin whales who care about absolutely nothing in the world except the price of Bitcoin in the next 72 hours.

What Satoshi actually invented was the easiest market to manipulate by governments in the history of mankind.

If you look at how Trump was able to achieve his current success, it cannot be separated from his method of diplomacy, politics and controversy. What he said at yesterday's conference were just the words of a politician, nothing more or less, and it was very different compared to his statements several years ago about Bitcoin. However, as long as he is still on the side of Bitcoin, I don't feel that it is completely wrong, but just don't have too much hope for what he says, because if he can change his words about Bitcoin in just a few moments, then he might be able to change his policy on Bitcoin later.

I really liked Trump's speech, he drew the world's attention to the benefits of bitcoin, now we have to know if he is saying this to capture more votes or if he is saying this because he feels it is the right thing to do... Yeah The support of the American Senate is also necessary for everything to be put into practice... the part I liked most was Gary Genler's dismissal.

All of us who support Trump hopes that he will keep his promises if elected, but we should also be realistic that there is no guarantee that he will keep his promises because politicians are unpredictable. So don't be too subjective and expect too much otherwise we will feel extremely disappointed if it doesn't turn out as we expected.

Not to mention , there is no guarantee that Trump will be elected because according to some recent surveys, Ms. Kalama also has great support and is not inferior to Trump. It can be said that the election is taking place quite excitingly and nothing can be said in advance .

Trump did well and as a politician he knows how to capture the mind of his audience and for this particular Season where bitcoin community are increasingly progressing in both knowledge and awareness of the true nature of bitcoin is very important for a strong political gladiator like Trump to quickly take a stance on bitcoin and the entire cryptocurrency industry this is because with such support for the cryptocurrency industry, he will at the same time have the love and support of the voter's in the coming elections.


Although we can't expect too much because at the end of the day, regardless who win the election, the fact is government is government and at most there will be regulations before adoption so centralisation will become the order of the day going forward.

I watched the live stream and watched the Bitcoin charts at the same time. I also took advantage of this to take a little profit from the speech that was given. Honestly, Trump speech was very fiery about the future of crypto, especially Bitcoin in the US. He also accepted a donation of 1 Bitcoin from the CEO of Bitcoin Magazine to make Trump a Bitcoin holder. Trump said he would not sell his bitcoin. Exciting news, and also optimistic if Trump is indeed elected, it will determine a bright future for the Bitcoin industry in the US. He has said many times that Bitcoin will reach the moon.

Regardless of his current political interests, what Trump said will be a promise that he must fulfill if elected. I think the US will slowly become the crypto capital of the world as he said. And Senator Lummis is planning to propose to buy 1M worth of bitcoin over 5 years.

No doubt about it, the US is currently the capital of cryptocurrencies. The country accommodates the majority of the sectors that make up the crypto industry. This is why economic and political policies in the US will always affect the market. Certainly, a sincere crypto-friendly president in the US will contribute to the growth of the currency globally.

Words are cheap. Politicians can say or do anything to get power. Once they are enthroned, you can't hold them responsible for mere promises. I like the message of Edward Snowden, one of the speakers at the conference.

They over expected on Trump and if they are realistic, they would have realized that Trump is like Bitcoin outsider, not Bitcoin insider, not Bitcoiner. Expect Trump to deliver his speech with good stance and practice on Bitcoin is unrealistic and too much expectation.

Trump and his pre-President-Election rally helps Bitcoin Spot ETF applications were approved, then Ethereum Spot ETF applications to be approved. Because the SEC. under current President and his party's leadership, smelt risk of losing the President position in White house and domination in the Congress, so they were forced to changed recent months and made approvals on Spot ETFs of Bitcoin and Ethereum.

It's successful and considerable contribution from Trump but I don't expect more than that.

It is imagination and we don't know will it happen and when, if it will actually happen.

I support and vote for him because I hope we will have a better future than what the current administration is doing. But I need to admit to you that it is too early to completely believe what he said, politicians are not as simple as we think. What they promise before the election and after they are elected are two completely different things because most politicians will turn their backs after receiving our votes and being elected.

If we vote for him, the only thing we can do is hope he is as serious about bitcoin as he says he is. That's the only thing we can do, don't be too subjective and put too much expectation on politicians.

People seem to be upset about his comment that people can continue playing with Bitcoin. I don’t think he meant it like that though. Pretty much everything else he said was extremely bullish. It’s hard to believe to be honest. If the United States government starts trying to stack a million + BTC, things will be too crazy for me to imagine.

The Bitcoin Conference has grown interesting over time. The first one had around 70 participants. Today, speakers alone are already in the hundreds. The earliest conference was only a day. This time, it's 3 days. It's probably a lot cheaper, if not free, to attend the Bitcoin Conference when it started. Today, it's a hell lot more expensive.

And although the earliest conference was already ironic in that it was bannered by centralized services, they were probably honest innovations, technological development done by believers of decentralization. Today, however, the conference is headlined by politicians who have no qualms lying through their teeth just to court voters. Even minor speakers aren't anymore led by technological innovators. They're led by congressmen, senators, wall street people, and the like.

I'm not sure who influenced who, which infiltrated which, but if you say that this "shows Trump great interest in bitcoin" and that "he is also standing for bitcoin community", then I doubt it very much. If a man is convinced into Bitcoin by a politician as dirty as Trump, it may be that his belief in Bitcoin is built on sand.

The speech will probably not be enough to move the needle for people who were on the fence about supporting Trump. It was the kind of sales pitch you would expect from a politician. The point was always to raise a lot of money from the crypto bros in town for the conference, and I’m sure he will accomplish this goal. The big news was that he would create a national strategic stockpile, pledging to maintain the current BTC acquired from criminal seizures. I’m sure Bitfinex will not be too pleased with that, since nearly half of the BTC held by the U.S. government was seized from the Bitfinex hackers.

Attending the conference is a great move and a good one for the Bitcoin community. Even though he might have other intentions and agendas,  it becomes easy to hold him by his words which for now seem positive for Bitcoin. However, I have learnt not to swallow the words of politicians hook and sinkers,  rather I will take it with a pinch of salt as only time will reveal what the true intentions are. While we wait for the elections, it is wise to enjoy the gains that the market will make following these developments.

First of all the dumbest thing to do in this is to trust any word of a politician during election campaign period because they will definitely get the crowd growing with what they know the crowd wishes to hear. This days the issue of bitcoin and cryptocurrency is easily up in the news simply because Politicians have found out that the most masses prefer this new technology and if they realign their policies towards the technology many will believe in them and that’s exactly what’s happen in US.

I don’t even found the fact the Trump was actually an anti bitcoin before in the past because he wouldn’t be the first person to have a change of heart people like even one of the biggest investor, Michael Saylor was also first against it before the turn, but turning back into it during campaign period is what I don’t think is ok, but should his intention comes out clean after election it will be a huge bullish sentiment for the market

Politicians always tell us the things we really want to hear, that’s exactly what is Trump is currently doing at the moment. Still, I’m not convinced that his heart is now on bitcoin and supporting it all the way. This is just very unlikely of him most especially if we have come to witness how he handled bitcoin negatively in the past years. But if he is really serious about this, that’s good but politicians will always be politicians, they are the great liars of all time.

to be honest it sounded like he had ulterior motives(which he most probably has). the guy hated Bitcoin a few years ago and even called it a scam. I don't know what changed his stance but I am certain he is not standing for the Bitcoin community.

Trump is a top level politician and a great businessmen and he's also the master of manipulation and that's why we can't really say anything right now that either he will stand with Bitcoin and crypto community after getting elected or not.

His past and current thoughts about crypto and Bitcoin are quite eye-catching but I still have to see what he'll do if he gets elected as US president once again this time. I hope he won't take a U-Turn as most politicians take after getting elected.