Lol. Trump "makes" his first bitcoin transaction.

thecodebear

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Quote from: Poker Player on September 18, 2024, 10:41:43 PM

Trump’s Bitcoin Transaction Makes History at NYC Crypto Bar – Will This Sway Voters?

I put it in quotation marks because he doesn't make it, it has to be made for him. Although it may have significant symbolism, a former US president and presidential candidate using bitcoin to buy some hamburgers, which he then handed out.

He is clearly trying to win the vote of bitcoiners but he could learn a bit more about it by now.

Yeah the entire Trump and Bitcoin thing is a joke. Only extremist clowns who already support the traitorous criminal fall for this BS.

He's just buying votes by saying whatever lies he thinks will help him get elected (god forbid!). He's "pro-bitcoin" and "pro-crypto" but doesn't know the first thing about it, has never touched bitcoin or crypto himself since the only cryptocurrencies he "owns" are campaign donations from gullible suckers giving this grifter their hard earned money, and he can't even use an app to scan a QR code and instead needs other people to make the bitcoin purchase for him.

The whole thing is one big obvious publicity stunt to get more gullible uneducated people to vote a traitor into the white house so he can avoid going to prison the rest of his rotten life.

Vote Harris, keep America safe and strong and ensure we don't get a wrecked economy and corrupted nation under Trump that would harm Bitcoin!

Iranus

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Quote from: Catenaccio on September 26, 2024, 06:42:25 AM

Quote from: Iranus on September 26, 2024, 06:14:35 AM

Instead of thinking that when we vote for someone it means we trust them, why not think that we and politicians are exchanging benefits for each other? I think even Americans don't care about voting if they don't get any benefits. What Americans care about is what they will get in return and what their quality of life will be like if someone is elected and that is why they go to the polls.

Sometimes you will choose the best between two good nominees but sometimes you will pick the better between to bad nominees. I read that some people say they will vote for Trump even they don't like him but they have to big reasons for doing this.

They like policies promised to be executed by Trump as a President.
They don't like to give the White House to Kamala Harris and Democrat Party for another four years.

As I said, this is a trade-off between us and the politicians, no one likes or idolizes anyone here. I believe that everyone, even 3-year-old children, understands the nature of politicians. No one is stupid enough to spend time and money to support someone without expecting any benefits in return.

Quote from: Catenaccio on September 26, 2024, 06:42:25 AM

Quote

Likewise, whether Trump or Harris wins will have different impacts on bitcoin, which is why people support who they think will be good for bitcoin. Because the future of bitcoin is also their future, people care about bitcoin, not idolizing any politician.

I really don't think so. Bitcoin will continue its blockchain operations and its adoption growth and one President in the USA with a term of 4 years, won't be able to boost bitcoin too much or to kill it. It's impossible for one US President to do this in only four years.

If you think 4 years is too short a time and the president can't change anything for our economy or crypto industry, then you voted for the wrong person and he is a failed president.

Dr.Osh

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Quote from: Davidvictorson on September 19, 2024, 01:02:12 AM

Trump didn't make any transaction with Bitcoin from the video I watched on FOX news. In fact he didn't look interested in it. He looked more interested in speaking to the "people at the other side" like he said after the dude in a face cap triumphantly announced that Trump was the first presidential candidate to make such transaction thereby making history. For the record I am indifferent to whoever wins. I'll leave that for the Americans to decide. Right now smart electorates will look at the policies of the presidential aspirants and make cast their votes on whichever one they feel appeals more to them.

I think the guy is representing Donald Trump to make the transaction, and it is quite obvious that he is really interested in bitcoin. Anyway, this might be a good move to attract crypto users to support him. Well, at least it is a progress that people like him using bitcoin might influence other big people.

Catenaccio

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Quote from: Iranus on September 26, 2024, 06:14:35 AM

Instead of thinking that when we vote for someone it means we trust them, why not think that we and politicians are exchanging benefits for each other? I think even Americans don't care about voting if they don't get any benefits. What Americans care about is what they will get in return and what their quality of life will be like if someone is elected and that is why they go to the polls.

Sometimes you will choose the best between two good nominees but sometimes you will pick the better between to bad nominees. I read that some people say they will vote for Trump even they don't like him but they have to big reasons for doing this.

They like policies promised to be executed by Trump as a President.
They don't like to give the White House to Kamala Harris and Democrat Party for another four years.

Quote

Likewise, whether Trump or Harris wins will have different impacts on bitcoin, which is why people support who they think will be good for bitcoin. Because the future of bitcoin is also their future, people care about bitcoin, not idolizing any politician.

I really don't think so. Bitcoin will continue its blockchain operations and its adoption growth and one President in the USA with a term of 4 years, won't be able to boost bitcoin too much or to kill it. It's impossible for one US President to do this in only four years.

Iranus

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Quote from: knowngunman on September 26, 2024, 04:47:34 AM

Likewise, I'm not from America and I'm not interested in their politics but this is just a cheap attempt to solicit for votes using bitcoin as a bait. Trusting any action of a politician during campaign is as good as trusting an enemy with a gun behind you who promises not to sh**t you.

Instead of thinking that when we vote for someone it means we trust them, why not think that we and politicians are exchanging benefits for each other? I think even Americans don't care about voting if they don't get any benefits. What Americans care about is what they will get in return and what their quality of life will be like if someone is elected and that is why they go to the polls.

Likewise, whether Trump or Harris wins will have different impacts on bitcoin, which is why people support who they think will be good for bitcoin. Because the future of bitcoin is also their future, people care about bitcoin, not idolizing any politician.

PrivacyG

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Look! I can be President, I can even fly a plane thanks to this pilot I hired!

I think this is 50 - 50 bad and good. It is a bad look that his assistant did the Transaction for Trump. It will now sound dubious every time Trump praises Bitcoin as if he knows any thing about it. He may know a thing or two, but if he does not know the basics then how is he supposed to bring the best Regulations out there.

On the other side it it an amazing moment for Bitcoin if I am being honest. From the first Pizza bought through Bitcoin, we are now at the point where we have the first public Transaction initiated by the (assistant of the) President of the United States. No matter how bad it looks that it is not Trump doing it, it is impossible to not see this as an achievement for Bitcoin. Even if it was the worst President of all time, this is still insane for Bitcoin itself.

But maybe we are too harsh on the situation. Trump is a Billionaire after all. He likely has assistants hired to do all sorts of things just because he can. I guess there are people who carry his stuff too or do things Trump can as well, it does not mean he is incompetent but rather too comfortable with his Money and financial situation.

knowngunman

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Quote from: _act_ on September 19, 2024, 04:59:35 AM

Trump actually paid for the hamburger with bitcoin. But what I noticed in the video is that he did not really know how to make the transaction but get help to make the transaction.

This is the videos: https://youtube.com/shorts/KgVmMrUvOYA?si=Jm9SYOPG6taDXa0S

Also I do not care about who wins, American vote will decide who wins.

The video you shared is still the same with the one contain in Op post and nothing changed. I expected to see a transaction hash thou.

Likewise, I'm not from America and I'm not interested in their politics but this is just a cheap attempt to solicit for votes using bitcoin as a bait. Trusting any action of a politician during campaign is as good as trusting an enemy with a gun behind you who promises not to sh**t you.

TravelMug

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Quote from: dificanovi on September 24, 2024, 02:25:27 PM

With this we can see that Trump seems to support Bitcoin. I believe this is one of the tricks to gain sympathy from Bitcoin users or Altcoin holders to elect him as president. Hopefully Trump will legalize Bitcoin in the US after he has officially become president.

How can you be sure of that? It's election time and for sure even if you are not in the US, you should know by now that Trump and his political party are using Bitcoin to their advantage, they even add it up to their agenda.

I do not think that he will legalized Bitcoin in the US, we really even don't know if he will true to his words that he will make American great again with Bitcoin. So just stop and see how it goes if he become the next President. And before we forget, Bitcoin is designed to be free from any government control, so regardless of who is going to win, Bitcoin ecosystem with thrived.

dificanovi

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With this we can see that Trump seems to support Bitcoin. I believe this is one of the tricks to gain sympathy from Bitcoin users or Altcoin holders to elect him as president. Hopefully Trump will legalize Bitcoin in the US after he has officially become president.

felaij

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It feels more like a PR move than a genuine dive into crypto. But if he continues he has my support.

virasog

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Quote from: Akbarkoe on September 22, 2024, 05:26:01 PM

It seems that Trump has no other land to increase the strength of his voice, he continues to provoke and show that he supports bitcoin, with this style of campaign I think it's not good to hear, even though it's a good thing because it becomes a topic of conversation and bitcoin is increasingly recognized, but I will be upset if Bitcoin is only used by Trump for his political interests, it's disgusting. Angry

I don't mind it unless he has and keeps the exact same point of view about Bitcoin and cryptocurrencies after he wins the election. Yeah if he wins Lips sealed

How many times we have seen political leaders change their point of view once they are in the power Sad

Rest it is quite understandable that a political leader leveraging a technology like Bitcoin primarily for personal gain or political purposes. Since the majority of the people are enthusiastic about the bitcoin, they will love each and every word of bitcoin from the mouth of the presidential candidate and do not think otherwise.

However, do you think the crypto community could better respond to this?

Akbarkoe

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It seems that Trump has no other land to increase the strength of his voice, he continues to provoke and show that he supports bitcoin, with this style of campaign I think it's not good to hear, even though it's a good thing because it becomes a topic of conversation and bitcoin is increasingly recognized, but I will be upset if Bitcoin is only used by Trump for his political interests, it's disgusting. Angry

Huppercase

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Quote from: Kelward on September 22, 2024, 03:03:20 AM

If Trump, wins the US presidential election, he won't deny that he didn't identify with Bitcoin, even if he chooses not to be Bitcoin friendly. He understands that Bitcoin is a strong force to reckon with if he wants to get votes of bitcoiners so it's not surprising that he'll make a public show of spending it. It's sad that we can't trust politicians, their promises and body language before the election is to get more votes and win. I'm not worried about the future of Bitcoin because despite the skepticism and lack of support from some notable individuals and presidents it's adoption is still increasing.

There is nothing to be sad about. Politicians are politicians and they all have everything in common, understand how to lie and deceit followers and this trait is the same all over the world. You see what Trump is doing right now, he just happened to be popular about it, any other candidates could even do worse but you know he is a lousy candidates that first got the crypto community that's why he is so controversial and that's how he planned it from the beginning.

Seems many of us forgot quickly how Trump said he was going to make CBDC disappear from the surface of the earth, how he was going g to sack the present SEC chairman if elected and that's because he think dollar is not given the appropriate attention. As someone who is ready to serve and get offended to defend the dollar is a red flag for supporting Bitcoin because he didn't understand what Bitcoin is about in the first place, he is just trying all ways to get his office and that's obvious to everyone.

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Quote from: BlackHatCoiner on September 22, 2024, 12:26:39 PM

Quote from: NeuroticFish on September 22, 2024, 10:52:19 AM

But my logic is missing something: who could receive the resumés and "hire" the best ones? wouldn't that get easily corrupted, especially since it's a single failure point?

It most certainly would.

I was of the opinion that democracy is the least worst regime, or the best we have for now, as you say, but I recently figured out that it might not be. There's a case to be made that maybe monarchy mixed with constitution would be better. My rationale is that, if there's a king, then he'll most certainly steal from the people, just as in ancient civilizations. However, king's royal family will remain in power for decades, if not for hundreds of years. This means that, his stealing will be moderated. For example, he won't completely rip off all the citizens, because the future and prosperity of his people will directly influence the future of his family. On the other hand, when a politician knows that he might not be elected in four years, he'll steal as much as possible for as long as he's in power.

This is an important difference in time preference of the nation. In a modern democracy, politicians often make decisions which impact the lives of not-even-yet born people, like by borrowing money. They are incentivized to be more reckless with the future generation. In contrast, a king is likely to consider the long-term consequences more carefully, as his family's future and the throne itself could be at risk.

Just food for thought.

It's more complicated than that.

A king would steal for his family and for his extended family, and, depending on the king, not on how long the dynasty was ruling, will matter in how much he will steal (some are greedier than others).
On the same way some politicians steal more, some steal less.

Some kings were smart and thoughtful and helped society advance, some not (royal blood doesn't necessarily means one is inclined to learn and meant to rule).
Same goes for politicians: some try to even do good, some others are there only for stealing.

Some politicians get to stay longer, some are changed faster.
Some kings and dynasties lasted longer, some not. Keep in mind that kings got killed a lot only for succession. Keep in mind that royal families can end up with no children or only girls, shifting the dynasty into a different family's hands.

And keep in mind that modern royalty is only a façade and in many cases it's a democratic government actually governing, getting us back to our "beloved" democracy.

This being said, imho you are only partly right and a king is not necessarily better than a democracy, especially as a king doesn't accept other institution say "nope, you cannot do that, tough luck" (and this earns one point to the democracy).

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Politicians will do anything to get votes, but there is always a limit. In Trump's case, he wants to win over those people who want less government intervention in their lives. So he is looking at Bitcoin as a good example of how people can live with less government intervention. But he will need to win the elections first and then face the senators to approve some good law about Bitcoin. But he is avoiding debates, he has been pro-Putin and has sometimes gotten involved in controversies. Before, it was certain that he would win, but now there is uncertainty. I don't see him lying about supporting Bitcoin. When I looked at this thread, I remembered that I saw on CNN in Portuguese criticism about the cryptocurrency business he is doing, I looked for the CNN article in English

https://edition.cnn.com/2024/09/16/politics/trump-cryptocurrency-business/index.html

Trump is a very good guy in business and he is making money in this cryptocurrency market from what I can understand. I don't know to what extent the article is correct or not.

BlackHatCoiner

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Quote from: NeuroticFish on September 22, 2024, 10:52:19 AM

But my logic is missing something: who could receive the resumés and "hire" the best ones? wouldn't that get easily corrupted, especially since it's a single failure point?

It most certainly would.

I was of the opinion that democracy is the least worst regime, or the best we have for now, as you say, but I recently figured out that it might not be. There's a case to be made that maybe monarchy mixed with constitution would be better. My rationale is that, if there's a king, then he'll most certainly steal from the people, just as in ancient civilizations. However, king's royal family will remain in power for decades, if not for hundreds of years. This means that, his stealing will be moderated. For example, he won't completely rip off all the citizens, because the future and prosperity of his people will directly influence the future of his family. On the other hand, when a politician knows that he might not be elected in four years, he'll steal as much as possible for as long as he's in power.

This is an important difference in time preference of the nation. In a modern democracy, politicians often make decisions which impact the lives of not-even-yet born people, like by borrowing money. They are incentivized to be more reckless with the future generation. In contrast, a king is likely to consider the long-term consequences more carefully, as his family's future and the throne itself could be at risk.

Just food for thought.

NeuroticFish

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Quote from: BlackHatCoiner on September 22, 2024, 01:59:22 AM

Quote from: NeuroticFish on September 22, 2024, 01:18:42 AM

It's not dictatorship. It's, sadly, one of the major flaws of democracy.

For ancient Greece which is where democracy was set in stone, isonomia was a prerequisite. There cannot be a democracy in today's crony capitalism, because first of all, politicians have asylums to protect themselves from when breaking the law, and a few businesses have advantages with the corrupt government, which means, there is no isonomy.

Many things have changed since democracy was considered to be the best political regime. I can't say the same thing today. Democracy needs to hardfork.

I completely agree. Democracy seems to be the best we have for now, but with so many smart people around I would like to see them involved into building something better.

Some hardfork is a possibility indeed. I was thinking to something like politicians should get the job by competences, not by spreading lies and getting elected by the overly optimistic plebs and the ones getting direct benefits. But my logic is missing something: who could receive the resumés and "hire" the best ones? wouldn't that get easily corrupted, especially since it's a single failure point?

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Quote from: Rockstarguy on September 20, 2024, 11:34:59 AM

Quote from: ethereumhunter on September 19, 2024, 03:46:27 AM

Quote from: Die_empty on September 19, 2024, 12:02:12 AM

Politicians are movie actors. They take any acting role to get the support they need. Trump was criticised for not owning or using the currency he is promoting. Maybe this was why he had to do a public display of his first use of Bitcoin.

This is what I also think. They can do anything they want to get sympathy and support from the audience. Even they will do something that they deny before just to get benefit from what they do. The audience should be smart to act and can know what they should choose. If Trump want to get support, he needs to do a lot because making a first transaction in Bitcoin doesn't mean audience will really know what Trump did. Maybe that can affect to the market but we don't know for sure. But thanks to Trump because he know the "name" of Bitcoin because of that Grin

For me I like what trump is doing whether his intentions towards bitcoin is pure or not. If truly he is not a fan of bitcoin but claiming to be right now, even if he wins the presidential sit I don't think he will go against cryptocurrency, maybe to come up with bad policies that may affect the regulation of bitcoin. No matter what Donald trump may have about bitcoin, but the truth of the matter is that history has it there was a time when trump was a fan of bitcoin and I don't care if it is genuine or not. With what he is doing to with bitcoin trying to gain support from the crypto community I doubt if he will go against bitcoin in the future if he becomes president again.

If Trump, wins the US presidential election, he won't deny that he didn't identify with Bitcoin, even if he chooses not to be Bitcoin friendly. He understands that Bitcoin is a strong force to reckon with if he wants to get votes of bitcoiners so it's not surprising that he'll make a public show of spending it. It's sad that we can't trust politicians, their promises and body language before the election is to get more votes and win. I'm not worried about the future of Bitcoin because despite the skepticism and lack of support from some notable individuals and presidents it's adoption is still increasing.

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Quote from: Hamza2424 on September 21, 2024, 12:04:50 PM

Quote from: sizzling on September 20, 2024, 09:15:17 PM

Just like actors, they'll act to get the attention of people. He literally targeting people who's into crypto Cheesy

Haha, and who cares bro? Do you really think that the crypto community is waiting for Trump to save the Bull run haha, honestly some crypto noobs really think that this election is the only support for the market to move into a huge bull run. Everyone is running for their own.

It would be great if someone supported Bitcoins directly by imposing regulatory policies, it can be a great help to boost the adoption rate, but without that still, we are in a growing state today or tomorrow they need to accept it.

Everyone is definitely running for their own benefits just to be sincere and Trump has done his background work enough so that he is showing people both with support and patronage, that he is pro-bitcoin. We all know how this school of thought can immediately change, once he attains the presidential seat.

While there is also the news of his sons about to launch their own cryptocurrency and of course Trump is in support, it is of no consequence to state that Trump has crypto holdings that may include Bitcoin, Etherum, NFTs and other tokens that are trendy today.
Here's the receipt of the purchase that Trump made during his campaign and tell me if it ain't a campaign strategy that is efficient:

Let's hope we all get to benefit from whatever policy Trump makes if he becomes president of the U.S, else we may witness a strong battle between Fiat and crypto currency policies that may be worst than what is acceptable, already.

BlackHatCoiner

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Quote from: NeuroticFish on September 22, 2024, 01:18:42 AM

It's not dictatorship. It's, sadly, one of the major flaws of democracy.

For ancient Greece which is where democracy was set in stone, isonomia was a prerequisite. There cannot be a democracy in today's crony capitalism, because first of all, politicians have asylums to protect themselves from when breaking the law, and a few businesses have advantages with the corrupt government, which means, there is no isonomy.

Many things have changed since democracy was considered to be the best political regime. I can't say the same thing today. Democracy needs to hardfork.

Topic: Lol. Trump "makes" his first bitcoin transaction. (Read 1014 times)