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Topic: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 - page 2. (Read 42609 times)

sr. member
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Yes, Poland has surprisingly advanced a lot in terms of the number of Bitcoin ATM. They have not yet legalized Bitcoin but the popularity of Bitcoin in their country is constantly increasing. You mentioned that they are in the fourth position it is partially wrong because they are already in the fifth position. They added the most ATM machines in January, that is, this month they have added a total of ten ATM machines. According to the Bitcoin ATM radar, it is clear that they have added the largest number ATMs On the 27th of this month. El Salvador was once ranked third in terms of the number of Bitcoin ATM machines. That will probably be in 2022.
And various schools have taught students and everyone from young to old about Bitcoin, . For the longest time, Salvador was ahead of the Polish team in all aspects of Bitcoin ATM Radar Machine Counting and Bitcoin Transactions, Poland surpassed El Salvador only by this Bitcoin ATM Radar Machine, but Poland is behind El Salvador in all aspects.
El Salvador tried to teach their students about Bitcoin, even they did another important thing, which was to try to run a Bitcoin node in every home. As a result their students have already become more experienced about Bitcoin and have been able to learn a lot about his Bitcoin.
Quote
the popularity of Bitcoin in El Salvador is the highest than in Poland
Of course, Bitcoin is currently much more popular in El Salvador than in Poland, as Bitcoin has been legalized in El Salvador but Bitcoin has not yet been legalized in Poland. Moreover, El Salvador is much further ahead in terms of Bitcoin than Poland, and this country is also far ahead of the Bitcoin Holding. El Salvador recently announced plans to reform Bitcoin.

El Salvador’s Legislature has passed reforms to the 2021 Bitcoin Law
https://x.com/BitcoinNewsCom/status/1884811436343668945?t=gU4PqNrtXTGy8NuhaHADlQ&s=19

legendary
Activity: 2702
Merit: 1465
El Salvador is hosting the Bitcoin Circular Economy Summit, an event that brings together representatives from 15 countries, including 10 countries with a Bitcoin circular economy. This event is part of the Plan B forum, one of the most important events in the world dedicated to Bitcoin. This forum will take place tomorrow and the day after, January 29, 30, 31 and will be held in Bitcoin Beach, in El Zonte, (La Libertad province, El Salvador). Incidentally, this territory can be considered the first closed-loop economy in the country and it was this experiment that inspired President Naib Bukele to take on the development of the Bitcoin Law and then implement it 3.5 years ago. In this place, people use Bitcoin daily in transactions of all kinds.

In general, Bitcoin circular economy refers to those areas and territories where people decide to use digital currency as one of the main means of exchange.  Thus, traders receive payment for their services and products, and then use this same asset to purchase raw materials and maintain their homes.

Here   and here are more details about this forum.
sr. member
Activity: 798
Merit: 377
Poland has surpassed El Salvador to become the fourth-best country in terms of global Bitcoin ATM deployment. The total number of BTC ATMs in El Salvador was 215, which is 0.6% of the global contribution. Poland, which is in fifth place with 209 Bitcoin ATMs, installed 10 more Bitcoin ATMs on January 27, 2025, bringing the total number of Bitcoin ATMs to 219, which is 4 more than the total number of BTC ATMs in El Salvador. information



Yes, Poland has surprisingly advanced a lot in terms of the number of Bitcoin ATM. They have not yet legalized Bitcoin but the popularity of Bitcoin in their country is constantly increasing. You mentioned that they are in the fourth position it is partially wrong because they are already in the fifth position. They added the most ATM machines in January, that is, this month they have added a total of ten ATM machines. According to the Bitcoin ATM radar, it is clear that they have added the largest number ATMs On the 27th of this month. El Salvador was once ranked third in terms of the number of Bitcoin ATM machines. That will probably be in 2022.



El Salvador initially accepted Bitcoin and operated a small number of Bitcoin ATM machines, but gradually increased the number of ATM machines. However, it is currently 215 Bitcoin ATM machines in operation in El Salvador, and these ATM machines have accumulated a large number of Bitcoin transactions. So of course, more Bitcoin ATM machines need to be increased, because at present, a large number of Bitcoin transactions are taking place because Bitcoin is used as currency in El Salvador.
And various schools have taught students and everyone from young to old about Bitcoin, the popularity of Bitcoin in El Salvador is the highest than in Poland. For the longest time, Salvador was ahead of the Polish team in all aspects of Bitcoin ATM Radar Machine Counting and Bitcoin Transactions, Poland surpassed El Salvador only by this Bitcoin ATM Radar Machine, but Poland is behind El Salvador in all aspects.
sr. member
Activity: 504
Merit: 369
Poland has surpassed El Salvador to become the fourth-best country in terms of global Bitcoin ATM deployment. The total number of BTC ATMs in El Salvador was 215, which is 0.6% of the global contribution. Poland, which is in fifth place with 209 Bitcoin ATMs, installed 10 more Bitcoin ATMs on January 27, 2025, bringing the total number of Bitcoin ATMs to 219, which is 4 more than the total number of BTC ATMs in El Salvador. information



Yes, Poland has surprisingly advanced a lot in terms of the number of Bitcoin ATM. They have not yet legalized Bitcoin but the popularity of Bitcoin in their country is constantly increasing. You mentioned that they are in the fourth position it is partially wrong because they are already in the fifth position. They added the most ATM machines in January, that is, this month they have added a total of ten ATM machines. According to the Bitcoin ATM radar, it is clear that they have added the largest number ATMs On the 27th of this month. El Salvador was once ranked third in terms of the number of Bitcoin ATM machines. That will probably be in 2022.

sr. member
Activity: 546
Merit: 268
Poland has surpassed El Salvador to become the fourth-best country in terms of global Bitcoin ATM deployment. The total number of BTC ATMs in El Salvador was 215, which is 0.6% of the global contribution. Poland, which is in fifth place with 209 Bitcoin ATMs, installed 10 more Bitcoin ATMs on January 27, 2025, bringing the total number of Bitcoin ATMs to 219, which is 4 more than the total number of BTC ATMs in El Salvador. information


sr. member
Activity: 2632
Merit: 259
El Salvador’s National Palace celebrates the latest PlanB and Cubo+ winter program graduates



El Salvador is committed to providing Bitcoin education to its people. They are committed to Bitcoin education and its development. Their PlanB and ‍Cubo+ winter programs are training graduates to work on the Bitcoin ‍and Lightning Network, which is essential for the Bitcoin ecosystem.
This is such a good thing for the country as well as their citizens. They are not only spreading the bitcoin agenda but they are also giving their people opportunities. I wish my country did something like this too. A lot of people in my country, young and old alike, often are at a standstill not knowing what to do with their lives but giving people something to study about may give them a new purpose. You can tell that El Salvador is not only in bitcoin for quick profit but they really hope to make bitcoin be part of their future and they really want to prepare their citizens for it.
full member
Activity: 181
Merit: 111
El Salvador’s National Palace celebrates the latest PlanB and Cubo+ winter program graduates



El Salvador is committed to providing Bitcoin education to its people. They are committed to Bitcoin education and its development. Their PlanB and ‍Cubo+ winter programs are training graduates to work on the Bitcoin ‍and Lightning Network, which is essential for the Bitcoin ecosystem.

Graduates who participate in these programs will gain extensive skills in using Bitcoin technology. This will help them gain a more consistent knowledge of the legal tender in El Salvador. The country has also continued various efforts to increase the knowledge of Bitcoin among the general public. Their efforts on how to gain more skills with Bitcoin are ongoing.
sr. member
Activity: 504
Merit: 369
Latam Insights Encore: El Salvador Is Becoming Latam’s Crypto Hub.
https://news.bitcoin.com/author/sergio/

El Salvador a little nation in Latin America within five years, is about to be a pioneer in the crypto industry, leading it's economy to a positive change, and it's gradually becoming the capital of crypto in Latin America .
Few days ago,two crypto and tech-linked companies announced coming into the country .

So far, El Salvador's President Naiyb Bukele has never discussed Shitcoins/Crypto, they have no interest in these. Their only focus was on Bitcoin, which is why they legalized it long ago. You check their investment portfolio and see that they are the only ones who have purchased Bitcoin. You need a clear idea about it. Check out their portfolio here. https://nayibtracker.com/



Why do you feel a need to proclaim El Salvador as a "Crypto hub" rather than  recognizing that El Salvador is and has been bitcoin focused first?  
Yes El Salvador first focused on Bitcoin and they are still moving in that direction. They have taken various initiatives to popularize Bitcoin more seriously and thoroughly. We saw that they had previously tried to teach Bitcoin to students in their country, and now they have already succeeded in that effort. Because those students in their country are already graduating about Bitcoin, they are becoming more experienced. Maybe their important work will inspire students in many countries to learn about Bitcoin.

hero member
Activity: 1260
Merit: 765
Top Crypto Casino
Latam Insights Encore: El Salvador Is Becoming Latam’s Crypto Hub.
https://news.bitcoin.com/author/sergio/

El Salvador a little nation in Latin America within five years, is about to be a pioneer in the crypto industry, leading it's economy to a positive change, and it's gradually becoming the capital of crypto in Latin America .
Few days ago,two crypto and tech-linked companies announced coming into the country .

Why do you feel a need to proclaim El Salvador as a "Crypto hub" rather than  recognizing that El Salvador is and has been bitcoin focused first? 

Sure the author who you cited, Sergio Goschenko seems to have the same distraction, yet should we be parroting such distractions and convoluting Bitcoin ideas merely because others are falling into such vague and misleading language?

Tether was the first to announce moving it's headquarters to El Salvador, which now made USDT company to be overwhelmed by the conditions offered by El Salvador's regulatory framework to crypto companies, that it will make them produce innovative products, Tether CEO, latter confirmed that the movement would include construction of skyscraper in the country which the location has not being disclosed and because of all these achievements and El Salvador's quest for more Bitcoin will be boosting it's tourism industry.

At least you were able to use the word bitcoin one time in your post, so you have not completely forgotten about the word "bitcoin,"  even though I still would question if you either know what bitcoin is or that you are able to talk about it without convoluting your talking points with vague shitcoin language.. . .. Hopefully you can figure out that if you are merely parroting vague and misleading talking points, you are not really helping to show that you actually understand bitcoin's involvement in the topic that you are discussing, and perhaps you are helping to propagate an attack on bitcoin, wittingly or unwittingly.
JayJuanGee I think at some point in time I feel the need to educate some set of people who tend to create or support the stereotype and miss guide wrong usage of words such as crypto when referring to bitcoin, this mistaken notion has been on a while and I feel the need to at this point set the record straight and trying to educate and enlighten those forks who overly use that term when engaging in bitcoin-related discussions, a statement like,. ( El Salvador becomes the largest crypto hub) such a statement is wrong and such a person needs to be educated to stop that false crusade, bitcoin is being mentioned specifically in every phase of discussion as regards El Salvador since El Salvador is mainly focused on Bitcoin and no any other shit coins that are categorised under crypto.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Latam Insights Encore: El Salvador Is Becoming Latam’s Crypto Hub.
https://news.bitcoin.com/author/sergio/

El Salvador a little nation in Latin America within five years, is about to be a pioneer in the crypto industry, leading it's economy to a positive change, and it's gradually becoming the capital of crypto in Latin America .
Few days ago,two crypto and tech-linked companies announced coming into the country .

Why do you feel a need to proclaim El Salvador as a "Crypto hub" rather than  recognizing that El Salvador is and has been bitcoin focused first? 

Sure the author who you cited, Sergio Goschenko seems to have the same distraction, yet should we be parroting such distractions and convoluting Bitcoin ideas merely because others are falling into such vague and misleading language?

Tether was the first to announce moving it's headquarters to El Salvador, which now made USDT company to be overwhelmed by the conditions offered by El Salvador's regulatory framework to crypto companies, that it will make them produce innovative products, Tether CEO, latter confirmed that the movement would include construction of skyscraper in the country which the location has not being disclosed and because of all these achievements and El Salvador's quest for more Bitcoin will be boosting it's tourism industry.

At least you were able to use the word bitcoin one time in your post, so you have not completely forgotten about the word "bitcoin,"  even though I still would question if you either know what bitcoin is or that you are able to talk about it without convoluting your talking points with vague shitcoin language.. . .. Hopefully you can figure out that if you are merely parroting vague and misleading talking points, you are not really helping to show that you actually understand bitcoin's involvement in the topic that you are discussing, and perhaps you are helping to propagate an attack on bitcoin, wittingly or unwittingly.
member
Activity: 207
Merit: 34
Latam Insights Encore: El Salvador Is Becoming Latam’s Crypto Hub.
https://news.bitcoin.com/author/sergio/

El Salvador a little nation in Latin America within five years, is about to be a pioneer in the crypto industry, leading it's economy to a positive change, and it's gradually becoming the capital of crypto in Latin America .
Few days ago,two crypto and tech-linked companies announced coming into the country .
Tether was the first to announce moving it's headquarters to El Salvador, which now made USDT company to be overwhelmed by the conditions offered by El Salvador's regulatory framework to crypto companies, that it will make them produce innovative products, Tether CEO, latter confirmed that the movement would include construction of skyscraper in the country which the location has not being disclosed and because of all these achievements and El Salvador's quest for more Bitcoin will be boosting it's tourism industry.
sr. member
Activity: 798
Merit: 377
El Salvador is the second fastest growing tourist destination ... in the world!

➡️Safest country in the Western Hemisphere
➡️Hardest money on earth
➡️Finest volcano coffee grown anywhere
➡️Best surf waves known to man
➡️And the most popular leader in the universe

Visit El Salvador and verify for yourself that all I claim is true!
https://x.com/stacyherbert/status/1882911253166768454?t=9CHmC-LRCYkwIbEfHjMFdw&s=19




You see, El Salvador was not like this in the past, before 2021, El Salvador was a country of decay, terrorism, and various bad deeds. But after 2021, Nayib Bukele made his country a transparent one by adopting Bitcoin as a legal tender, and his popularity is now all over the world. Currently, El Salvador is under the control of tourists, which is ranked second, and a more developed and peaceful environment has been created than we thought.
There is no place in El Salvador that will cause difficulties for tourists, because the entire city, the entire country is completely under the control of Nayib Bukele, so currently the largest number of tourists has arrived in his country. Because by using Bitcoin currency, all tourists are now able to express their right opinions conveniently, due to which tourists are now crowded in El Salvador.



hero member
Activity: 1526
Merit: 597
Now Trump could turn off Bitcoin's price like a light switch because so much is riding on his personal whims.

Sure.  He could try, and maybe he would be successful, depending on whatever policy that he announces or action that he takes.  But so what?


It's just a crazy state of the world, that's all. Bitcoin started off as a means of thwarting government control over transactions, and now it's a football in US politics that will live and die by whatever political winds are blowing here.

Maybe saying that it is irrelevant what the USA think and do about bitcoin would be too absolute terms, but he doesn't have much influence over it. Bitcoin will live and die without Trump, if for some other reason it is to die. But not because of Trump lol. This is the next China propaganda from 2014 when they want to ban it and they failed. Biggest country in the world in regards to population with one of the strictest governments in the world was not able to ban bitcoin in their country in the slightest. It was a huge fail.


I don't know if Trump still wants the strategic bitcoin reserve, but that they used the inauguration moment and the publicity to launch memecoins for him and his wife is ridiculous.


I don't find this ridiculous at all--in fact I started a whole thread here before the election predicting this exact thing would happen.

Repeat after me:

Bitcoin going up in price does not help Donald Trump.
Bitcoin going up in price does not help Donald Trump.
Bitcoin going up in price does not help Donald Trump.

Therefore, Donald Trump is not going care if Bitcoin goes down, and if his people figure out a way to make him billions and it screws over Bitcoin, then that's what will happen.

No the stupid thing about the memecoin he launched is that you could see this coin was put together in like a few hours and resembles that biggest scam coins in all regards. His followership will lose while his family and friends will win. This is how these meme coins are designed. Nobody can prove anything about wallet addresses, who bought what and when and so on and so forth. He has the disclaimer in his "white paper" that everyone can lose everything. There is literally zero programming, could have easily been done with an online tool and that's it and it trades at billions in market cap. It isn't Trump to decide whether bitcoin is important for the USA, it is bitcoin to decide.
legendary
Activity: 3962
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Self-Custody is a right. Say no to"Non-custodial"
[...] proclaiming that Trump does not have bitcoin and then at the same time proclaiming that he is manipulating the price of bitcoin.
I said there is no evidence that I knew of that Trump has purchased Bitcoin. You have never provided any evidence, but kept saying I was saying something wrong, which is just... strange. Its almost like you don't want to have a discussion about Bitcoin but rather want to vent your anger on something.

I answered your question you dumb ass fuck.  I said that evidence can be direct, indirect or inferred, so stop being such a retard in regards to my having had already addressed the matter of your lame assertion of purportedly no evidence in regards to Trump's ownership of BTC..

I have never said nor implied Trump is trying to manipulate the price of Bitcoin.

We can agree to disagree, and it has largely already been addressed, and also not even very relevant in the whole scheme of things, except to show that you were talking out of both sides of your mouth and wiffle waffling to say one thing and the other and to ongoingly contradict yourself in terms of trying to argue both sides of an issue at the same time, as I already mentioned.
 
Great. This news came out about four hours ago, and now, indeed, there is evidence that Trump has bought Bitcoin. And indeed, this is a bullish sign for Bitcoin.

Look, you clearly have anger issues, so if you want to fill the forum with some more expletives about your feelings about some poster name that nobody cares about, go ahead. But as for me, I really feel like I'd doing something harmful to somebody if I continued this conversation.

Yeah.. you are a lame and disingenuine twat, as I already mentioned several times, and using various other descriptors to outline the various ways you have been far from even attempting to address any issues to the extent that the invented issues that you have been arguing about are even relevant to this thread.
member
Activity: 182
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[...] proclaiming that Trump does not have bitcoin and then at the same time proclaiming that he is manipulating the price of bitcoin.


I said there is no evidence that I knew of that Trump has purchased Bitcoin. You have never provided any evidence, but kept saying I was saying something wrong, which is just... strange. Its almost like you don't want to have a discussion about Bitcoin but rather want to vent your anger on something.

I have never said nor implied Trump is trying to manipulate the price of Bitcoin.


Great. This news came out about four hours ago, and now, indeed, there is evidence that Trump has bought Bitcoin. And indeed, this is a bullish sign for Bitcoin.

Look, you clearly have anger issues, so if you want to fill the forum with some more expletives about your feelings about some poster name that nobody cares about, go ahead. But as for me, I really feel like I'd doing something harmful to somebody if I continued this conversation.


legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Huh?  If Trump bought a bunch of BTC, and then the price of BTC goes up, then why wouldn't that help him?
There's no evidence he did, but why on earth would he buy Bitcoin
If you were to understand how evidence works, there is direct evidence, indirect evidence and reasonable inference about evidence.
Really? Can you give us a link showing us the evidence that Trump has purchased Bitcoin? I could be wrong, but afaik, I don't think he has.

Maybe you need to work on your reading comprehension a wee bit?  What did I say? Am I claiming that there is direct evidence?  Am I trying to argue anything except to say that you are a dumb and presumptuous twat to be proclaiming that Trump does not have bitcoin and then at the same time proclaiming that he is manipulating the price of bitcoin.

You seem to be fantasizing if you believe that Trump has not bought bitcoin...
You asserted this, not me.

It hardly matters either way, except for you are the diptwat arguing that Trump does not have any bitcoin while also arguing various scenarios that seem to imply the opposite.  Largely you are have been showing yourself to be an inconsistent and quasi-incoherent dweeb, who wants to argue about various irrelevancies and keep making lame proclamations.

You claim that Trump is manipulating bitcoin,
Never asserted any such thing...

I guess I am just imagining things, then.  You seem to not even understand what you are saying?

and you admit that Trump is a greedy and untrustworthy twat, yet at the same time, you want to proclaim that there is no evidence that Trump bought any bitcoin?  Do you even believe your own crap?
There is no evidence that Trump has bought Bitcoin. Feel free to prove me wrong.

I am not going to, and you are repeating the same thing, which is largely irrelevant anyhow, except you have been making various claims in which you tend to be lacking in evidence to support the various nonsense that you have been asserting..

Edited: Here you go, you annoying and mostly worthless little twat.  I just saw this.

The 47th President of the United States bought $47 million worth of Bitcoin when it was worth $100k+. He set an example that you don't have to wait for the price to drop to buy Bitcoin. If you have a long-term plan, you can buy it even during a bull market

member
Activity: 182
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So much optimism, yet so much so disappointment. Donald trump's is starting to look like some kind of black sheep because of what or should I say the influence of what his meme coin is doing to the market. I guess the mass crowd of people opting that the whole support for Bitcoin during his campaign was just a mirage were actually right caused I mean with this little deed his done, it's definitely clear the fellow doesn't give a damn to the interest of Bitcoin in the united states.
Okay, I got a little un-lazy here for a second so I could do a I-told-you-so post here:

Trump to buy Bakkt, a crypto exchange
Article on future US president competing with Bitcoin & crypto
Trump will compete directly with Bitcoin

Your attempts to argue don't even seem topical to this thread,


Then why reply? Sure seems like a sign the issue is topical if there's a reply.

And I agree threads shouldn't go off topic for very long (say arguing about what is and is not off-topic on a thread for instance [recursion alert... stack overflow imminent]). But sometimes an aside is necessary for the conversation.


Huh?  If Trump bought a bunch of BTC, and then the price of BTC goes up, then why wouldn't that help him?
There's no evidence he did, but why on earth would he buy Bitcoin

If you were to understand how evidence works, there is direct evidence, indirect evidence and reasonable inference about evidence.


Really? Can you give us a link showing us the evidence that Trump has purchased Bitcoin? I could be wrong, but afaik, I don't think he has.

Quote
You seem to be fantasizing if you believe that Trump has not bought bitcoin...

You asserted this, not me.

Quote
You claim that Trump is manipulating bitcoin,

Never asserted any such thing...

Quote
and you admit that Trump is a greedy and untrustworthy twat, yet at the same time, you want to proclaim that there is no evidence that Trump bought any bitcoin?  Do you even believe your own crap?


There is no evidence that Trump has bought Bitcoin. Feel free to prove me wrong.


legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
So much optimism, yet so much so disappointment. Donald trump's is starting to look like some kind of black sheep because of what or should I say the influence of what his meme coin is doing to the market. I guess the mass crowd of people opting that the whole support for Bitcoin during his campaign was just a mirage were actually right caused I mean with this little deed his done, it's definitely clear the fellow doesn't give a damn to the interest of Bitcoin in the united states.
Okay, I got a little un-lazy here for a second so I could do a I-told-you-so post here:

Trump to buy Bakkt, a crypto exchange
Article on future US president competing with Bitcoin & crypto
Trump will compete directly with Bitcoin

Your attempts to argue don't even seem topical to this thread, and so I suppose part of your purpose is to get views so you are posting off-topic in an already existing thread, since if you were to make your own thread, it is quite likely that no one would view it.  Aren't there any Trump threads?  since you currently seem to be Trump-obsessed in your desire to bash on bitcoin.

Even the WO thread would be better than posting your ongoing off-topicness in this thread.

It's just a crazy state of the world, that's all. Bitcoin started off as a means of thwarting government control over transactions, and now it's a football in US politics that will live and die by whatever political winds are blowing here.
Yeah, sure, of course, there is a bit of a crazy state of the world, yet your conclusion that bitcoin lives/dies based on US politics is fucking retarded and not even close to being any kind of accurate assessment of some kind of a realistic scenario that might end up playing out, [...]
Always a sign I won the argument when I reduce the responder to spitting out a mindless hysterical rant laced with expletives Smiley.

Congrats, you delusional twat, and I believe that I sufficiently responded to all of your substantive points that you might have had made..and probably even gave you various benefits of the doubt on some of your repetitive, delusional and intentional bitcoin bashing nonsense.. yet you keep repeating pie in the sky illogical assertions as if they were realistic scenarios, and not even seeming to be trying to set forth any kinds of reasonable facts, arguments and/or logical conclusions.

You proclaim that you know bitcoin because you were purportedly able to predict some variation of Trump's nutjob short-term behaviors?
No, I predict Trump's behavior the same way anybody would predict anybody's behavior: by looking at their past behavior. And I know Bitcoin because I am an engineer who has written systems far more complex than Bitcoin in my decades of experience, not because of what I know about Trump (which.... makes no sense... Huh).

You also make no sense, and the fact that you might know technical matters has not seemed to help you in terms of understanding bitcoin and/or even bitcoin's investment thesis... including other dumb assertions that you have made, whether related to politics and/or various other ways of attempting to outline reasonable probabilities and/or how individuals might want to invest and/or hedge in such circumstances. You have probably said dumb things that fit into other categories too, but I suppose I have listed enough for now... perhaps even including that you might have an o.k. sense of humor, if you would admit that you were largely just outlining your various life-fantasies.

Huh?  If Trump bought a bunch of BTC, and then the price of BTC goes up, then why wouldn't that help him?
There's no evidence he did, but why on earth would he buy Bitcoin

If you were to understand how evidence works, there is direct evidence, indirect evidence and reasonable inference about evidence. You likely know about these different categories, even though you tend to present selective spins about how certain facts might lead to your frequently nonsensical conclusions.

You seem to be fantasizing if you believe that Trump has not bought bitcoin... You claim that Trump is manipulating bitcoin, and you admit that Trump is a greedy and untrustworthy twat, yet at the same time, you want to proclaim that there is no evidence that Trump bought any bitcoin?  Do you even believe your own crap?

when he can make far more money simply making up his own coin for free and then using the power of the US presidency to pump his own coin at the expense of Bitcoin?

I can concede that Trump is a dweeb and even concede that he does not seem to be very smart, yet he seems to be smart enough to do more than one thing at the same time, whether it is him or people helping him out.

In other words, there is a world of possibilities that Trump could be fucking around with various shitcoins (including creating variations of his own and variation of family coins and variations of his products or NFTs to sell) and he can buy some bitcoin at the same time. 

Trump can buy and sell bitcoin at the same time, too...  or he can have others helping him with whatever trading maneuvers to do whether they are attempts to directly manipulate or to benefit from manipulate or to merely hedge.

You are retarded if you conclude that bitcoin buying would be excluded from this kind of circumstances..and not that we even need to know either way.. since it may not matter too much, except for your dumbass theory that Trump is both going to try to play bitcoin like his little toy-thing, and also that he is going to be able to be successful in negatively manipulating bitcoin while all the bitcoin maxis cry to their impending (yet unknown) bankruptcies. 

You are a nutjob with lame pie in the sky, self-selective, fantasy-landia nutjob theories.  hahahahahaha... and I probably could think of a few more non-complementary labels.  By the way, I will conclude that you do seem like a human, since even a bot could not consistently come up with such high levels of ongoing dumb..

Trump would never be able to buy very much of Bitcoin whereas he would own almost all of his own coin.

You speculate that Trump does not know how to use agents and/or debt? or other ways of moving around capital in order to accumulate bitcoin, whether in self-storage or through some custodian?  Whether through his own name or through some agent(s)?  You are ongoingly just making shit up that does not even make logical sense and is even inconsistent with facts that are already known about Trump.

American First! And, unfortunately, Bitcoin is an evil woke "globalist" thing, whereas Trump's coin is "MADE IN THE USA"!

Sure it is fine that Trump might assert and value "made in the USA," yet I doubt that his actions are necessarily consistent with various slogans that he had made from time to time... You had even admitted Trump is a liar, and then now, all of a sudden, you want to proclaim that he is guided (and perhaps limited) by some kind of creed?  Get real, or at least more real than you have been being up until now.. or maybe I should suggest that you grow the fuck up, with your seemingly out of touch childish assertions.

I don't pretend to know what Trump is going to do, but this seems like the easiest possible way he could make himself the richest man in the world, e.g. by minting his own coin and tweaking the laws/regulations to make sure his replaces Bitcoin in terms of market share (he could do this merely by making a few statements, then leaning on the SEC/etc. to threaten new regs for Bitcoin [and not for Trump's coin]).

You might want to get on his advisor's team just in case he needs some help in these matters.  You seem to have a lot of this figured out.. and I suppose you give investment advice, too?

We're getting off the subject of El Salvador here,

You think?

but there are a lot of parallels here in that in both cases it's the Bitcoin price level depending on the whims of political leaders supporting it's price.

I am glad that you were able to stay focused and to bring us back to your recognition of such supposed connection between governmental actions of the USA and El Salvador... which is also probably a pretty lame connection, even though surely political leaders can influence policy directions in a variety of ways, whether we are referring to bitcoin and/or shitcoins and/other related policies that might be related to economics and/or technology.
member
Activity: 182
Merit: 47
So much optimism, yet so much so disappointment. Donald trump's is starting to look like some kind of black sheep because of what or should I say the influence of what his meme coin is doing to the market. I guess the mass crowd of people opting that the whole support for Bitcoin during his campaign was just a mirage were actually right caused I mean with this little deed his done, it's definitely clear the fellow doesn't give a damn to the interest of Bitcoin in the united states.

Okay, I got a little un-lazy here for a second so I could do a I-told-you-so post here:

Trump to buy Bakkt, a crypto exchange

Article on future US president competing with Bitcoin & crypto

Trump will compete directly with Bitcoin



It's just a crazy state of the world, that's all. Bitcoin started off as a means of thwarting government control over transactions, and now it's a football in US politics that will live and die by whatever political winds are blowing here.

Yeah, sure, of course, there is a bit of a crazy state of the world, yet your conclusion that bitcoin lives/dies based on US politics is fucking retarded and not even close to being any kind of accurate assessment of some kind of a realistic scenario that might end up playing out, [...]


Always a sign I won the argument when I reduce the responder to spitting out a mindless hysterical rant laced with expletives Smiley.

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You proclaim that you know bitcoin because you were purportedly able to predict some variation of Trump's nutjob short-term behaviors?

No, I predict Trump's behavior the same way anybody would predict anybody's behavior: by looking at their past behavior. And I know Bitcoin because I am an engineer who has written systems far more complex than Bitcoin in my decades of experience, not because of what I know about Trump (which.... makes no sense... Huh).

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Huh?  If Trump bought a bunch of BTC, and then the price of BTC goes up, then why wouldn't that help him?

There's no evidence he did, but why on earth would he buy Bitcoin when he can make far more money simply making up his own coin for free and then using the power of the US presidency to pump his own coin at the expense of Bitcoin? Trump would never be able to buy very much of Bitcoin whereas he would own almost all of his own coin.

American First! And, unfortunately, Bitcoin is an evil woke "globalist" thing, whereas Trump's coin is "MADE IN THE USA"! I don't pretend to know what Trump is going to do, but this seems like the easiest possible way he could make himself the richest man in the world, e.g. by minting his own coin and tweaking the laws/regulations to make sure his replaces Bitcoin in terms of market share (he could do this merely by making a few statements, then leaning on the SEC/etc. to threaten new regs for Bitcoin [and not for Trump's coin]).

We're getting off the subject of El Salvador here, but there are a lot of parallels here in that in both cases it's the Bitcoin price level depending on the whims of political leaders supporting it's price.





legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Now Trump could turn off Bitcoin's price like a light switch because so much is riding on his personal whims.
Sure.  He could try, and maybe he would be successful, depending on whatever policy that he announces or action that he takes.  But so what?
It's just a crazy state of the world, that's all. Bitcoin started off as a means of thwarting government control over transactions, and now it's a football in US politics that will live and die by whatever political winds are blowing here.

Yeah, sure, of course, there is a bit of a crazy state of the world, yet your conclusion that bitcoin lives/dies based on US politics is fucking retarded and not even close to being any kind of accurate assessment of some kind of a realistic scenario that might end up playing out, merely because we agree that we are in a bit of a "crazy state of our world."  You cannot resist saying dumb ass shit?  Why? What is your purpose to come to such stupid conclusions?  You have no clue about what bitcoin is, or what?

I don't know if Trump still wants the strategic bitcoin reserve, but that they used the inauguration moment and the publicity to launch memecoins for him and his wife is ridiculous.
I don't find this ridiculous at all--in fact I started a whole thread here before the election predicting this exact thing would happen.

You proclaim that you know bitcoin because you were purportedly able to predict some variation of Trump's nutjob short-term behaviors?

Repeat after me:
Bitcoin going up in price does not help Donald Trump.
Bitcoin going up in price does not help Donald Trump.
Bitcoin going up in price does not help Donald Trump.

Huh?  If Trump bought a bunch of BTC, and then the price of BTC goes up, then why wouldn't that help him?

He also proclaimed some credit for what many folks are calling "the Trump pump."

So you want us to repeat something that is not necessarily true.  Why?  What is the purpose of your proclaiming that there is some kind of value in repeating a statement that is either untrue or ambiguous in regards to whether it is true or not?  Even if you personally might believe that the mantra is true.. but then again, you have already shown, on repeated occasions that you seem to live in a bit of a fantasy land, to the extent that you actually believe any of the bullshit that you continue to propagate.

Therefore, Donald Trump is not going care if Bitcoin goes down, and if his people figure out a way to make him billions and it screws over Bitcoin, then that's what will happen.

Ok.. .you start out from a likely wrong premise, yet you might have a somewhat correct conclusion that Trump would like to make a lot of money, yet it seems that he also might perceive bitcoin as a way to make him a lot of money, whether he is pumping it or if he gets on the other side of the trade and tries to dump it.. He might also figure out some ways to try to bet both price directions at the same time, yet in the end, as an individual, I doubt that the scumminess or even bad motives of Trump should largely affect the choices of most bitcoiners who already have bitcoin, and even the low coiners and no coiners may well also want to get a stake in bitcoin or to continue to build their stake in bitcoin in spite of various bad motives that Trump may or may not have (or even if they presume Trump has bad motives, I doubt that his presumed bad motives makes a whole hell of a lot of difference in regards to the current strength of bitcoin's investment thesis).

So much optimism, yet so much so disappointment. Donald trump's is starting to look like some kind of black sheep because of what or should I say the influence of what his meme coin is doing to the market. I guess the mass crowd of people opting that the whole support for Bitcoin during his campaign was just a mirage were actually right caused I mean with this little deed his done, it's definitely clear the fellow doesn't give a damn to the interest of Bitcoin in the united states.

Trump might not give a damned about bitcoin in ways that bitcoiners want him to give a damn, yet Trump still has not abandoned various measures that may well end up being supportive and/or not hostile to bitcoin, so I doubt that his self-serving scumminess communicates that he has abandoned various measures that might either be pro bitcoin or anti-anti-bitcoin...

In other words, you (DaNNy001) seem to be jumping to overly presumptuous conclusions if you consider that the recent scamming behaviors of Trump negates anything positive (or anti-negative) that he might do in relation to bitcoin.
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