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Topic: The Internet don't forget, many times Donald Trump says bad about Bitcoin (Read 611 times)

legendary
Activity: 3276
Merit: 2442
People change their opinions on stuff all the time. Maybe Trump realized that crypto is awesome? Remember Michael Saylor used to be a crypto hater too and now he is one the most hardcore bitcoin fan who buys lots of lots of bitcoins whenever he can. When you think about it many crypto people we read today used to be crypto haters in the past. So I don't find anything weird about Trump's situation and he was the president of the US. What was he gonna do? Tell people that his country's national currency sucks? No we can't expect anything like that from him. His latest support on crypto caught me unguarded too. I wasn't even expecting anything like that from him.
jr. member
Activity: 137
Merit: 2
We can't force everyone to be afan of crypto. That's his own opinion, because it doesn't work for him. But don't forget people can change. I have seen some well known figures who made negative comments about Bitcoin have a change of mind down the road.
full member
Activity: 266
Merit: 120
From my own observation, these politicians have seen the growth of Bitcoin because initially they didn't believe Bitcoin will become this popular and more people developing interest to invest in it. The internet and other media are discussing about bitcoin every day and it's just obvious that these politicians have no other options than to disguise as though they are also in support of Bitcoin now but we all know that the government will continue to kick against Bitcoin because of it decentralized nature since they know they can't interfere in people's transactions and that is why they have not been upfront about Bitcoin.
Politicians will remain politicians because they are not stable with their utterances, today they say something, tomorrow they say a different thing. It has always been in their nature not to be straightforward and being deceitful so I'm not surprised that politicians are now demanding support and donations from crypto Enthusiasts and it is also a strategy to persuade people to vote for them since they have discovered that large numbers of people are getting involved in the crypto industry.
full member
Activity: 1358
Merit: 207
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Even though Internet don't forget things in the past, I guess Donald Trump didn't have the knowledge of BTC and crypto when he gave out such speech in the public, which anyone can   make such mistakes in the past.

Now that Donald Trump has proven to people that he understand BTC and crypto, and he know what BTC and crypto can do to US economy and to the people living in the US, I don't think this is a politics, I will advise BTC and crypto users to support Donald Trump to become president of the US come November and he will surely fulfill his promises when he assume office.

Even in my country, our new president use BTC and crypto to win the mind of BTC and crypto users to vote him massively, but after winning the election he make BTC and crypto to remain banned in the country, but I don't think Donald Trump will play such politice with US BTC and crypto users.
hero member
Activity: 3052
Merit: 606
Politics is nothing but the game of lies, one who do it on your face but in a convincing way then they might get the chance and that's the fate of democracy if 51% people choose someone then 49% people has to go with whatever decision the government make.

He may called Bitcoin is not a real money but now he accepts donations and that's the growth of crypto and atleast by now these people who thought Bitcoin isn't real money should consider changing their opinion.
Certainly it is. If you are not good in making lies, then surely you won’t be able to enter politics. Just like Donald Trump, his words and actions towards cryptocurrency now might possibly be a big lie just to let the people fall on his trap. I know it’s obvious, but still I believe there will still a lot of people who might be voting for him, and probably they’re those old supporters of him.

While he clearly seem not to accept bitcoin as a currency way back then, now he’s already begging for bitcoin as a donation, something that even those uneducated persons can get that.
hero member
Activity: 1288
Merit: 508
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Op, Trump was president till 2021, not 2022, but other than that, I agree with that post. Trump is not pro-Bitcoin, and he demonstrated it multiple times in the past. He is using Bitcoin to get a wider appeal at the upcoming elections, that's all. He can easily get back to his old rhetoric about Bitcoin being risky and the USD being the best once he's elected (if that happens). I believe that some politicians can be genuinely pro-Bitcoin (if they are libertarian, for example), but Trump is not one of those.
Any politician can be a pro-bitcoin in an instant if they have intentions to deceive the people and win their votes. Trump is just one of those, fooling the people around thinking that they can be smarter than them, not realizing that the people have already seen this coming. So there’s no way that Trump will definitely favor bitcoin more than fiat, that calls for a miracle to make it happen. In fact, he can die for the sake of his USD but never for the acceptance of bitcoin. That’s the reality about Trump on wearing his mask.

I agree with everyone that Trump is just trying to win more votes from cryptocurrency investors, and politicians are willing to use any trick just to achieve their goals.
I have read several articles about him supporting cryptocurrencies from meeting with bitcoin miners as well as stating that there will be changes needed to help the US maintain its leadership in the industry cryptocurrency industry. I don't see him saying he would favor crypto over fiat or that he would make bitcoin a currency to replace USD.
What he stated is that he will support cryptocurrencies, will have more crypto-friendly policies if elected, and that he wants the United States to be a leader in the crypto industry, not second place.
https://truthsocial.com/@realDonaldTrump/posts/112503319133425856


https://x.com/BitcoinMagazine/status/1794537413907214356


I can't find any news that he said he would favor bitcoin more than USD.
hero member
Activity: 1526
Merit: 597
Op, Trump was president till 2021, not 2022, but other than that, I agree with that post. Trump is not pro-Bitcoin, and he demonstrated it multiple times in the past. He is using Bitcoin to get a wider appeal at the upcoming elections, that's all. He can easily get back to his old rhetoric about Bitcoin being risky and the USD being the best once he's elected (if that happens). I believe that some politicians can be genuinely pro-Bitcoin (if they are libertarian, for example), but Trump is not one of those.
Any politician can be a pro-bitcoin in an instant if they have intentions to deceive the people and win their votes. Trump is just one of those, fooling the people around thinking that they can be smarter than them, not realizing that the people have already seen this coming. So there’s no way that Trump will definitely favor bitcoin more than fiat, that calls for a miracle to make it happen. In fact, he can die for the sake of his USD but never for the acceptance of bitcoin. That’s the reality about Trump on wearing his mask.

I have been following his statements about Bitcoin and when I heard him being pro-Bitcoin for the first time, I had to grin and shake my head. Out of a sudden he is trying to address any minority there is out there in order to somehow avoid losing a close election. It's ridiculous. He is just doing the opposite of whatever Joe Biden says or does if there are voters to be won. He isn't actually the kind of pro-Bitcoin political guy we as a community really want.
hero member
Activity: 798
Merit: 1045
Goodnight, ohh Leo!!! 🦅
I will never allow any sort of political propaganda to get over me.. cryptocurrencies became a threat to beginners from the moment some political raptors saw a loophole, and since they knew how much they'd make out of it, they began to pretend like they were curbing the situation... But in reality, they made alot of Money already.

Trump made a wild spin of his statement (like a boomerang), he tried to correct an already made impression...  Does the Internet forgets easily?No!  He could still get a couple of votes from US citizens as that was just one of his flaws.
sr. member
Activity: 1400
Merit: 420
absolutely right, as i said in some of my posts, these candidates are not really on the side of bitcoin and altcoin because they love it and really want to fight for it, but more for their own interests. they use it to gain public sympathy and make it seem like they love bitcoin. when in fact they don't really like it and only use it during the campaign, they are politicians and nothing more than boomers fighting for power.
Nothing new with that. The reason why bitcoin up to this moment is not widely accepted is because of them who are actually against with bitcoin ever since, and now they will claim suddenly that they are siding bitcoin, that’s a disrespect to us who are the real pro-bitcoin from the beginning. It’s obvious that they are only doing this for their greed and selfish interest, and their priority are not really the people.
Donald Trump has made terrible comments about Bitcoin. It's natural because he doesn't like it. He's been against it from the beginning. He doesn't want Bitcoin to be legalized. This Bitcoin situation could have been much better earlier, but the Bitcoin situation is not getting better because they are not willing to move forward with it, and that is why Bitcoin is so behind. However, leaving everyone's words behind, the Bitcoin situation is expected to be better this time.
sr. member
Activity: 2100
Merit: 309
Any politician can be a pro-bitcoin in an instant if they have intentions to deceive the people and win their votes. Trump is just one of those, fooling the people around thinking that they can be smarter than them, not realizing that the people have already seen this coming. So there’s no way that Trump will definitely favor bitcoin more than fiat, that calls for a miracle to make it happen. In fact, he can die for the sake of his USD but never for the acceptance of bitcoin. That’s the reality about Trump on wearing his mask.
Donald Trump only take opportunity get more popularity by announcing his support for bitcoin become get legal one day later if win the election, we can't forget when becoming President since 2017-2022 he announced many time against with bitcoin and seems how his decision bad viewed with bitcoin. But recently when joining the next election campaign he has difference viewed than usually with bitcoin and has promised make legal transaction one day later if become US president.
Who ever will be US president, most of them not interested and make bitcoin become their partner because USDT lack popularity in the future when adapting bitcoin as legal currency transaction. If you interested to see Donald Trump become president give your vote but don't expected with him will make bitcoin as legal payment currency.
hero member
Activity: 2730
Merit: 632
absolutely right, as i said in some of my posts, these candidates are not really on the side of bitcoin and altcoin because they love it and really want to fight for it, but more for their own interests. they use it to gain public sympathy and make it seem like they love bitcoin. when in fact they don't really like it and only use it during the campaign, they are politicians and nothing more than boomers fighting for power.
Nothing new with that. The reason why bitcoin up to this moment is not widely accepted is because of them who are actually against with bitcoin ever since, and now they will claim suddenly that they are siding bitcoin, that’s a disrespect to us who are the real pro-bitcoin from the beginning. It’s obvious that they are only doing this for their greed and selfish interest, and their priority are not really the people.
Not really that new at all and we are living in a world on which to those people whom had been that a hater earlier which suddenly becomes that a pro or supporter and there's nothing new on to that.
We've seen how many times that these people whether presidents or billionaires or other known people will really be that free on whatever decisions or things that they would be saying or would be doing.
Neither the market would be making such possible reaction or not, then there's no way that we could really be able to know such thing. This is why it would really be that so hard for you to predict on where prices could possibly go with these kind of sentiments whether it would really be that positive or would be negative then no one really knows.

If you've been here on this market for a while then you wont really be getting shocked on this one and instead on freaking out then you would really just that rather simply be that ignoring on whatever
the things that they've been saying. One things for sure that in every actions and words that they do say which it would really be accompanied with some unknown plans
that they do have in mind and its not shocking anymore.
hero member
Activity: 2954
Merit: 672
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absolutely right, as i said in some of my posts, these candidates are not really on the side of bitcoin and altcoin because they love it and really want to fight for it, but more for their own interests. they use it to gain public sympathy and make it seem like they love bitcoin. when in fact they don't really like it and only use it during the campaign, they are politicians and nothing more than boomers fighting for power.
Nothing new with that. The reason why bitcoin up to this moment is not widely accepted is because of them who are actually against with bitcoin ever since, and now they will claim suddenly that they are siding bitcoin, that’s a disrespect to us who are the real pro-bitcoin from the beginning. It’s obvious that they are only doing this for their greed and selfish interest, and their priority are not really the people.
legendary
Activity: 3080
Merit: 1292
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Op, Trump was president till 2021, not 2022, but other than that, I agree with that post. Trump is not pro-Bitcoin, and he demonstrated it multiple times in the past. He is using Bitcoin to get a wider appeal at the upcoming elections, that's all. He can easily get back to his old rhetoric about Bitcoin being risky and the USD being the best once he's elected (if that happens). I believe that some politicians can be genuinely pro-Bitcoin (if they are libertarian, for example), but Trump is not one of those.
Any politician can be a pro-bitcoin in an instant if they have intentions to deceive the people and win their votes. Trump is just one of those, fooling the people around thinking that they can be smarter than them, not realizing that the people have already seen this coming. So there’s no way that Trump will definitely favor bitcoin more than fiat, that calls for a miracle to make it happen. In fact, he can die for the sake of his USD but never for the acceptance of bitcoin. That’s the reality about Trump on wearing his mask.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
Instead they see it as "Bitcoin is money for criminals".
This might also be controversial, but when a critically thinking person hears that Bitcoin is money for criminals, it raises some important questions about its utility. "Why is it for criminals?" Because criminals need privacy. "Well, I want privacy too". "What other reasons?" Because criminals distrust money issued and controlled by the state. "Why is that?" The way fiat currency works has poisoned societies and corrupted free markets for decades.

I expect a reasonable person to ask themselves these kinds of questions before eventually drawing a conclusion.
full member
Activity: 1176
Merit: 100
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Trump is a politician who has great influence in his country, so any comments that come out of his military become public discussion, so he uses this moment to destroy the market, I predict that Trump is one of the big whales, I am very sure he holds a lot of botcoins, he makes bad comments. regarding bitcoin, he will definitely make a big profit from this news. Politicians only think about profits whatever way they will face it.
sr. member
Activity: 812
Merit: 257
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Many people dream of owning bitcoin since it was introduced if you look at the history and the final price at this time.

by the way this proves that there are politicians who fud on bitcoin but it doesn't work Grin, as long as it is not regulated and does not use its authority as a form of selfishness, nor does it mix envy with the feasibility of the public interest it's fine. Politicians already have their own money Cheesy.

Let the people decide to invest and store their bitcoins or use them for transactions. I feel that with a government that is flexible towards digital physical assets such as bitcoin, it is very convenient and helpful, even if it is only limited to approving. The fears of politicians cannot be avoided with the value of a country's money that may be shrinking, but everyone has the right to improve their economy and finances, I mean there is no need to continue to lament because freely investing is the most solutive way to improve living standards and in my opinion it is everyone's right, because the needs of the people are also entirely their own individuals who are looking for money. Of course bitcoin owners also use wisely and stay away from AML mutual commitment between the authoriser and those given access to use bitcoin.
legendary
Activity: 3808
Merit: 1723
I think his stance changed on crypto because of 2 reasons.

First being he had that Trump Card NFTs about a year or two back. These were fairly successful and he made like a few million or so dollars out of them. I think there was also a round 2 version of his NFTs. So obviously he can't be anti-crypto if he is selling his NFTs which are directly related to crypto.

Second being he has friends from Wall street. Many of them are making crazy money if crypto succeeds and they are probably pressuring him by telling him to be lax about it and in return he will get their donations for his campaign. He is probably good friends with many of the CEOs who launched the Bitcoin ETFs like Larry Fink.

legendary
Activity: 1792
Merit: 1296
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He is not the only candidate guilty of this part, all the other candidates contesting are now accepting crypto donations from people.
How do all these candidates accept donations in cryptocurrencies, if cryptocurrencies are not officially recognized (have a gray status) in the USA? Just how are all these guys planning to spend these donated cryptos? After all, the use of cryptocurrencies as a means of payment is prohibited, isn’t it. And further. If candidates exchange donated crypto for traditional money, will they pay income tax on the conversion, as they require ordinary citizens to do?

Personally, for me, this is all (donations in cryptocurrencies) a PR stunt, nothing more, and the author is undeniably right in Trump’s deceit in expressing loyalty to cryptocurrencies. Politicians have never been friends with ordinary citizens and have always pursued only personal interests. What is being voiced in the election race is nothing more than a lie for the sake of getting additional votes.
legendary
Activity: 3472
Merit: 10611
Might be controversial nowadays, but criminals receiving Bitcoin payments is absolutely normal and expected, because Bitcoin is for everyone, including criminals. So, the short answer is yes. We do want Bitcoin to have the image of being used by criminals, if that's what it takes for it to be accessible to everyone.
The only problem with that is the regular people who still don't know what Bitcoin is (which is the majority of the world) would not see it as "Bitcoin is for everyone". Instead they see it as "Bitcoin is money for criminals". Specially since this FUD already existed in the past where they were told that bitcoin is only used by criminals and now they are seeing its manifestation...
hero member
Activity: 1722
Merit: 801
Op, Trump was president till 2021, not 2022, but other than that, I agree with that post. Trump is not pro-Bitcoin, and he demonstrated it multiple times in the past. He is using Bitcoin to get a wider appeal at the upcoming elections, that's all. He can easily get back to his old rhetoric about Bitcoin being risky and the USD being the best once he's elected (if that happens). I believe that some politicians can be genuinely pro-Bitcoin (if they are libertarian, for example), but Trump is not one of those.
Trump is not an exception among politicians who are known with many promises and failures to fulfill their promises in many years and through their long political career.

You can consider politicians as liars or else but national conditions are very complex while a single politician even as a national elected president, does not have power to do everything in their nation. They can fail to complete their promises because initially they did not want to do this and in this case they are pure liars. Otherwise, they can fail to keep up their promises because they don't have enough support from other politicians in a same party, institutional system and more conditions to execute what they promised.

I don't trust Trump and his promises but with his activities recent months, we saw that Biden and his party were under pressure to approve Bitcoin Spot ETFs then Ethereum Spot ETFs. Their party are no longer free to do attacks on cryptocurrency market when the President Election is very near and they don't want to lose support and votes from citizens.
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