Don't get it twisted - page 2. | Bitcointalksearch.org

moneystery

full member

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Merit: 202

Quote from: Crypt0Gore on May 15, 2024, 03:21:17 AM

So don't get it twisted, if Trump gets elected as the new president it won't erase regulations in the crypto space,

it's true that he uses crypto only for campaign purposes, he doesn't really support it because he likes it. because he is a capitalist and it is natural for him to act in accordance with his interests, he will not care what people will think when he is elected and instead he tightens regulations on crypto. so don't believe too much in what he said today because they are just campaign promises, he will not fulfill all his promises if he is elected president.

Felicity_Tide

full member

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cout << "Bitcoin";

If you are conversant with Trump and his behavior, then you should have a reason to doubt is proposed support for crypto. I am not from the US, neither am I participating in their forthcoming ......., But you should understand that series of promises can be made so as to capture the attention of the crypto community and others.

Currently, we've seen how the SEC has been operating with full force making it looks as if they've got the backing of Biden. Not sure if trump would be able to weaken their authority inorder to favour the crypto community. We literally don't want a situation where the next administration would be much tougher for the Crypto community in general. We just need to be cautious of these promises.

Oshosondy

legendary

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Gamble responsibly

Some regulations can also be very strict in a way it can discourage mining in the country. Biden did not ban bitcoin or any other coins but his crypto regulations are strict with miners. What makes you think that Trump will also not do the same or become stricter? There is one thing about people, you do not know what they have in mind for you until they fulfil the thing.

Crypt0Gore

sr. member

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My friends and I were having discussions about the upcoming US election and one of them said that if Trump is elected there will be many more scams in crypto space, and I can't help but think about how many people will be thinking the same, especially those who are new to crypto.

Just because Trump said he is supporting crypto doesn't mean there will be no further crackdown on crypto or there will be no regulations, Trump never said that everyone is free to do what they like because he will be the new president.

Regulating crypto is one thing and making crypto space a living hell for crypto adopters is another, this is what Biden wants to do, and that is why I will advise people to vote for another instead of Biden, Bitcoin miners can't even breathe in the US right now.

So don't get it twisted, if Trump gets elected as the new president it won't erase regulations in the crypto space,

Topic: Don't get it twisted - page 2. (Read 193 times)