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Topic: Donald Trump's stance on Bitcoin is changing - page 9. (Read 4474 times)

Smack That Ace

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Quote from: bbc.reporter on June 12, 2024, 12:27:41 AM

News update on Trump.

He shared this in his own social media platfrom Truth Social. I want to be very clear that I am also very skeptical on Trump's procrypto agenda because there is an election on November. Why did he not do this under his administration?

However, we can certainly speculate that he has good advisers on bitcoin in his team or are these advisers the executives of bitcoin mining companies?

It is very doubtful and we have nothing to celebrate with this news but it is clear that Mr. Trump spends a lot of time on crypto and wants to get votes from the crypto community. That shows us that cryptocurrency is growing stronger and its impact on the world is not small. Even if he is not elected or does not keep his promises after being elected, I believe that stopping the development of cryptocurrency seems impossible. Whether they like it or not, they cannot stop it, opposing it will only make them increasingly backward. Just like Mr. Biden is trying to against cryptocurrencies and bitcoin, it has unintentionally pushed crypto lovers into Trump supporters.

https://x.com/BitcoinMagazine/status/1800682561376764195

Psalms23

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#SWGT PRE-SALE IS LIVE

The involvement of high-profile figures like Larry Fink and potentially Donald Trump in the cryptocurrency space highlights the increasing mainstream acceptance of Bitcoin.

Larry Fink’s shift in perspective, seen in BlackRock’s interest in launching a Bitcoin ETF, aims to capture growing institutional and retail interest. Trump’s potential support for Bitcoin could be a strategic move to win over cryptocurrency enthusiasts and promote economic innovation.

However, Bitcoin's volatility and the evolving regulatory landscape pose significant risks. For your investment strategy, taking altcoin profits at the peak of the bull run and buying Bitcoin during the bear market could maximize your holdings, aligning with a long-term view until 2030.

Nonetheless, staying informed about market and regulatory developments is crucial in this dynamic environment.

Cryptmuster

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Glory To Ukraine! Glory to the heroes!

Quote from: khiholangkang on June 02, 2024, 12:23:01 PM

Maybe it could be wrong, but I feel that he is much more stupid than the Arkham team who discovered it, for the problem of investing memecoin in his wallet, it doesn't mean he bought it, it could be that the developer of memecoin gave it to him after knowing that Trump had his own crypto wallet, and didn't Trump open Donations from bitcoin traffic for his political expenses? it can be confirmed.

Indeed that's how politics is, they can talk sweet today not necessarily when they get their seats, I really feel doubtful about the possibility, but if this is true it will have an impact on broader developments if Trump really supports the community after winning the election.

It's simple, Trump is ready to say anything just to win the election, now he calls himself the crypto president, but as soon as he achieves his goal, everything will immediately change. Look at Miley, what is he doing after winning the elections? Yes, that’s right, all politicians are the same, they are only interested in power, and after a difficult election period, they only think about the fact that they should rest, and that they will have several years to remain in their post as president.

OgNasty

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I was a bit surprised to see that Trump is becoming more and more likely to be our next President. I’ve been adding to my betting position for Trump to win the next election but when I started I was getting 2:1 odds and now I’m only getting 1.6:1 odds. Mainstream media might be saying Biden has a chance, but the casinos don’t seem to be telling that story.

legiteum

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Quote from: bbc.reporter on June 12, 2024, 12:27:41 AM

It's actually sorta terrifying that Trump has crypto on his radar. Trump could make billions of dollars for himself as president by banning Bitcoin and forcing everybody to use his wholly-owned crypto instead. They already have a pretense to ban Bitcoin because of the coming crackdowns on abortion.

Most of Trump's "advisors" form his last administration either ended up in prison or only avoided prison because he pardoned them. They are in it for themselves, not Bitcoin holders.

bbc.reporter

legendary

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legiteum

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Quote from: bbc.reporter on June 05, 2024, 07:53:41 PM

@legiteum. You are also implying that if there is a big dump occurrence on markets before the presidential elections on November, this will cause voters from the cryptospace might remove their support for Joe Biden? This implies that it is safe to speculate that the Biden administration will very much do everything to stop a market dump under his administration. However, how good is the economy and can they do this until November? Pump the campaign, sell the election hehehehee.

If Biden wins, the Bitcoin market will continue to do what it has been doing. It will be no change--which is good, since Bitcoin has been going up.

I don't think the Biden administration would do anything one way or another about the market for Bitcoin before the election--or after. Us free-marketers like the government to... leave the markets alone

bbc.reporter

legendary

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@BALIK. I thank you for the update.

@legiteum. You are also implying that if there is a big dump occurrence on markets before the presidential elections on November, this will cause voters from the cryptospace might remove their support for Joe Biden? This implies that it is safe to speculate that the Biden administration will very much do everything to stop a market dump under his administration. However, how good is the economy and can they do this until November? Pump the campaign, sell the election hehehehee.

legiteum

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Quote from: BALIK on June 05, 2024, 03:48:01 AM

If Trump is really elected, he should fulfill his promise to the crypto community because it is clear that the crypto community is supporting and siding with him rather than Biden.

Bitcoin went up 500% under president Biden.

Most of the individual voters in the "crypto community" will most likely support whatever candidate they were going to support anyhow, but clearly the safe bet for those who exclusively care about their Bitcoin price and nothing else will support President Biden.

BALIK

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Quote from: bbc.reporter on June 04, 2024, 10:30:34 PM

Elon Musk and Donald Trump are discussing cryptocurrency policy as the former president increasingly highlights Bitcoin and other digital assets on the campaign trail as a way to reach new voters, according to a person familiar with the talks.

Source https://www.bloomberg.com/news/articles/2024-05-30/musk-counsels-trump-on-crypto-in-sign-of-billionaire-s-influence

No, there were no discussions about cryptocurrency between Elon and Trump, and Elon himself confirmed this. He denied the news but he also did not forget to emphasize that he supports cryptocurrencies. Maybe you missed this news.

https://twitter.com/elonmusk/status/1796211398088810731

Quote from: khiholangkang on June 02, 2024, 12:23:01 PM

Quote from: BALIK on June 01, 2024, 10:24:51 PM

Quote from: khiholangkang on June 01, 2024, 08:48:02 AM

I like Trump's statement that supports Bitcoin for bitcoiners in the US in his campaign he is very supportive of our community, but from what has been said so far at that time and from the real evidence he supports is still very questionable.

Not long before the Arkham uploaded a wallet that allegedly belonged to Trump on twitter, but I didn't see Bitcoin ownership in the wallet, there were only a few of his memecoins and WETH and ETH, of course for me personally it was just a sweetener when campaigning to get public support who liked bitcoin, He should have at least a little bitcoin as a form of real support.

It would be too naive if we hastily believe that this is Mr. Trump's wallet when there is no real evidence. Furthermore, even if this is his wallet, it does not mean he has purchased and is investing in those memecoins. It's possible that the developer, his supporters, transferred those tokens to his wallet, but I'm pretty sure it's not Trump's wallet.

I also like when he makes a pro-crypto statement, as long as anything is beneficial for crypto I will support it. But you're right, it's still too early to believe that he's truly pro-crypto or he's just trying to use every trick to achieve his political goals. Let's wait and see what happens next as the race for the White House is getting closer.

I know that he has publicly accepted cryptocurrency donations for his election campaign and what I want is that we need more evidence to confirm, I'm not to say that the information is completely fake. I'm also tracking that wallet and it's now up to $30 million and that's an incredible amount of money in just a short amount of time.

If Trump is really elected, he should fulfill his promise to the crypto community because it is clear that the crypto community is supporting and siding with him rather than Biden.

https://platform.arkhamintelligence.com/explorer/entity/donald-trump

bbc.reporter

legendary

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According to mainstream financial news media, Trump and Elon are discussing about policies on the cryptospace very much similar to Bitcoin Magazine's CEO David Bailey who is also discussing cryptospace policies with Trump.

We cannot be quite certain if this will change them to become procrypto, however, I will argue again that I will always be a skeptic unless an administration will do these 4 changes.

1. They will stop their cases against Uniswap and Coinbase.
2. The SEC will create clear guidelines in what is an illegal security and what is a commodity.
3. They create new KYC rules because their old rules have been difficult for the people in the cryptospace.
4. They stop treating the Tornado Cash founders and other developers of privacy software very much like criminals.

Elon Musk and Donald Trump are discussing cryptocurrency policy as the former president increasingly highlights Bitcoin and other digital assets on the campaign trail as a way to reach new voters, according to a person familiar with the talks.

Source https://www.bloomberg.com/news/articles/2024-05-30/musk-counsels-trump-on-crypto-in-sign-of-billionaire-s-influence

khiholangkang

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Quote from: BALIK on June 01, 2024, 10:24:51 PM

Quote from: khiholangkang on June 01, 2024, 08:48:02 AM

legiteum

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Quote from: pooya87 on June 02, 2024, 05:03:37 AM

Quote from: legiteum on June 01, 2024, 10:08:20 PM

But what country is that you live in?

That's irrelevant.

It sure is strange though. You really hate the USA with all of your heart. I think this would make anybody wonder what the USA has done to you in order to make you feel this way.

Quote from: legiteum on June 01, 2024, 10:08:20 PM

how do you suppose one would go about "preventing" Xi and Putin from... doing whatever they feel like doing, e.g. invading one country after another? Mean words, perhaps?

As someone who accuses others of hate you seem to have deep rooted hate towards the rest of the world. Maybe your own hatred of others is the reason why you imagine others hate your country as well.

What are you talking about? That doesn't make any sense. You aren't deflecting, are you?

Quote from: legiteum on June 01, 2024, 10:08:20 PM

Let me guess, you'd also call defeating the Germans in WWII a "slaughter of a million men" too, right? How about our defeat of the British in 1780? Was that a "slaughter" too?

And why do I imagine you are somehow going to call the thing going on in Ukraine some kind of fully-justifies police action? Or maybe the Hamas attack on Israel, "self-defense"?

I don't even know how to respond to this. You're all over the place. I don't even know how you took the leap from illegitimate invasion of Iraq based on a lie to all these irrelevant cases! Cheesy

All you have to do is tell me that you don't actually feel that way. But you don't seem to want to. Very strange.

Quote from: legiteum on June 01, 2024, 10:08:20 PM

and you have absolutely no defense against them.

I don't know any case where US has defended any country against a foreign invasion specially after the mess in Vietnam! It has always been the Nixon Doctrine ("we just sell you weapons; you fight for us and die in our stead to fulfill our interests").

For somebody who clearly does not live in the USA and wishes it ill, you sure know a lot about our history. Very strange. Who taught you all of this? Obviously some very anti-US biased source.

arwin100

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Quote from: blckhawk on June 02, 2024, 12:27:21 AM

To everyone, don't get your hopes up though, I'm pretty sure that Trump's just any other politician out there, he will try to appeal to everyone's desires since he needs something from us right now which is the votes and the support during the election campaign. It's the same thing with all of this people, you will never get an honesty out of a politician until it's their life on the line. Careful about the hype that this situation will generate because it might be a short-lived kind of hype and hopefully if you are going to ride this hype, may you have the luck to get into the hype and make a big profit otherwise, tread lightly.

Yes, that's it I don't really believe that he's a change man and support bitcoin at that case. He just need the vote of people to win and that's it. For sure once he successfully get the Presidency again then provably he's stance toward bitcoin might change again. So people on US should think about and properly do their own diligence if he's really supporting bitcoin now. Since if he just say that just to get the sympathy of people and doesn't showing anything that can help the industry of bitcoin in their country then for sure nothing will change. But then again let see what will happen on who among those politician will win and lets hope they will be open to support bitcoin also let people use it without getting any issue to them.

pooya87

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Quote from: legiteum on June 01, 2024, 10:08:20 PM

But what country is that you live in?

That's irrelevant.

Quote from: legiteum on June 01, 2024, 10:08:20 PM

how do you suppose one would go about "preventing" Xi and Putin from... doing whatever they feel like doing, e.g. invading one country after another? Mean words, perhaps?

Quote from: legiteum on June 01, 2024, 10:08:20 PM

I don't even know how to respond to this. You're all over the place. I don't even know how you took the leap from illegitimate invasion of Iraq based on a lie to all these irrelevant cases! Cheesy

Quote from: legiteum on June 01, 2024, 10:08:20 PM

after you've successfully disabled the US,

Who are we to "disable" US. You guys are doing it yourselves by choosing idiots after idiots to rule over you. I think we already established the only difference between Biden and Trump is the speed at which they ruin America!
It's not going to change either, as long as your choices are between dumb and dumber.

Quote from: legiteum on June 01, 2024, 10:08:20 PM

and you have absolutely no defense against them.

blckhawk

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BALIK

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Quote from: khiholangkang on June 01, 2024, 08:48:02 AM

legiteum

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Quote from: pooya87 on June 01, 2024, 09:45:41 PM

Quote from: legiteum on June 01, 2024, 01:53:41 PM

Wow, you really really REALLY hate America.

Why would I hate another country? I'm just stating facts [...]

No, you are just repeating Kremlin propaganda about a country you clearly despise with all of your being.

Again, what country are you from that you hate America so much? I'm curious. I agree that the US has indeed been highly disadvantageous to many peoples in the world, which is unfortunate. I can imagine that if you live in one of those countries, it's possible to harbor a hatred for us. But what country is that you live in?

Again, just curious.

Quote from: legiteum on June 01, 2024, 01:53:41 PM

Seriously though, the US was obviously the predominant military power that defeated Iraq, and was easily 90% the military power projected there, if not more.

Of course ~70% of that coalition was US military but as I said Iraq was an already disarmed and defeated country that the coalition overcame not an armed and powerful adversary.

I also can't believe your proud tone for such an illegitimate invasion of another sovereign nation and slaughter of about a million people there!

Quote

No. US regime should be punished for supporting genocide and terrorism in Palestine, while Xi and Putin must be prevented from doing what the US regime has been doing in the future.

Without the USA and it's army and nuclear deterrent, how do you suppose one would go about "preventing" Xi and Putin from... doing whatever they feel like doing, e.g. invading one country after another? Mean words, perhaps?

Quote

Democracy is a local thing not a global thing.

Nope, since strategic weapons were invented in the latter half of the 20th century, all democracy--indeed, all government--is very much global now. There is literally no location on the planet that could escape a Russian or Chinese nuclear-tipped ballistic missile, or a Russian/Chinese bomber-launched smart bomb, or a submarine-launched chemical weapon attack. You can live in Poland, or Portugal, or Peru. It doesn't matter.

The war-making tech invented in the last 70 years means you can't hide anywhere. Piss off Xi or Putin after you've successfully disabled the US, and you have absolutely no defense against them.

Let me know the country you live in, and I can give you a very specific example of how either of those armies could utterly decimate whatever brave response your military could muster (unless your answer is China or Russia of course, either of which would actually make perfect sense to me).

pooya87

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Quote from: legiteum on June 01, 2024, 01:53:41 PM

Wow, you really really REALLY hate America.

Why would I hate another country? I'm just stating facts about a regime controlling the country that has been at war 230 years out of its short 240 year history! All of those wars in recent history has been invading other countries and murdering innocent people of those countries.

The real question is why are you supporting this murderous regime? You can't be that naïve thinking all these slaughters is benefiting you because it is not. It's only filling the pockets of the minority arms dealer billionaires. That's why your country is in such a massive debt with such a massive gap between economy classes, they print money to give that 1% who stay behind the scene and pull the strings.

Quote from: legiteum on June 01, 2024, 01:53:41 PM

Seriously though, the US was obviously the predominant military power that defeated Iraq, and was easily 90% the military power projected there, if not more.

Quote from: legiteum on June 01, 2024, 01:53:41 PM

Ah, okay. Maybe I am starting to understand you. So you think the US should be punished for our support of Israel, and you don't care if the world is taken over by Xi and Putin because of that punishment?

No. US regime should be punished for supporting genocide and terrorism in Palestine, while Xi and Putin must be prevented from doing what the US regime has been doing in the future.

You see in my eyes there is no difference between Russia invading Ukraine, China maybe invading Taiwan and US invasion of Iraq, Syria, Libya, Afghanistan, Vietnam, ... or supporting terrorists in West Asia, the terrorist attacks against civilians in Cuba (Operation Mongoose in the 60's), and a lot more.
At some point all this bloodshed and US regime sponsored terrorism has to end, don't you think?

Quote from: legiteum on June 01, 2024, 01:53:41 PM

In other words, do you think the world would be better off being ruled (without any sort of democracy) by Xi and Putin instead of the "evil" United States?

Democracy is a local thing not a global thing. Otherwise when majority of the world condemned the Zionist terrorism and genocide in Palestine, it would be stopped by intervention as opposed to it being easily vetoed by the US regime in US controlled international organizations such as UN.

FYI the New World Order that is being established is not going to be US dictatorship or Chinese/Russian dictatorship ruling the world. There will be "power blocs" and multiple poles interacting, competing and even fighting with each other. Basically the world is resetting to factory settings Wink

legiteum

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Quote from: Belarge on June 01, 2024, 05:14:00 PM

Quote from: snerd on June 01, 2024, 03:31:59 PM

Biden did indeed just veto the bill Congress brought to his desk, relaxing many obstacles towards integration within the populace.

Biden vetoed it! He is NO friend to crypto!

Bitcoin is not going anywhere. Donald Trump is business tycoon and knows the basis to comprehend in the space, he's always up and doing whenever the market comes to him. He's one of the top influential men in the world and he basically understands how to run everything. United state president, Joe Biden ensure he's straight when it involves the dealings of cryptocurrency. He's no fan of crypto although he make everything smooth for those top whales in the United States.

Donald Trump is not a "business tycoon", he's a spoiled rich kid who lost half of his inheritance even though his father did everything he could to guarantee his success.

Donald Trump pardoned a couple of people who ripped off his own supporters. He doesn't care about you, about me, or about Bitcoin: he cares about making money for himself.

Trump will probably make Bitcoin illegal so he can replace it with a coin he owns himself personally.