Trump accepts Lightning Network for donation of his campaign in Bitcoin

Abiky

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Quote from: m2017 on June 27, 2024, 12:27:10 PM

Saylor simply saw true power (or profit, directly from bitcoin or indirectly, becoming a supporter / or just by voicing it of bitcoin).

How quickly all public figures become maximalists when this becomes a popular trend.[/i].

I wonder if these wealthy people will still support Bitcoin during a major market crash. I mean BTC losing around 50%+ of its value. Since they're only focused on the profits, it's likely such an event will force them to get out of the Bitcoin bandwagon. Saylor's been buying BTC during the dips, though. Just like El Salvador's Nayib Bukele.

I sure hope Trump is serious enough about Bitcoin after a second term in office. IF he gets re-elected. Receiving BTC donations through the Lightning Network is a smart move, imo. Maybe this will encourage other politicians to do the same in the future? Let's pray that the American crypto industry grows in the long run.

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Quote from: Abiky on June 27, 2024, 06:37:53 AM

Yes. I remember when Saylor used to be against Bitcoin. But all of a sudden, he changed his views about it. Now he's a true Bitcoin maximalist.

Saylor simply saw true power (or profit, directly from bitcoin or indirectly, becoming a supporter / or just by voicing it of bitcoin).

How quickly all public figures become maximalists when this becomes a popular trend.[/i].

Quote from: DooMAD on June 27, 2024, 11:58:49 AM

I wouldn't throw the term around too loosely. Perhaps a small minority are genuine converts, but I suspect the vast majority of business people and career politicians are still fiat maximalists and only like Bitcoin while it suits their goals. Often "fairweather supporters" at best.

I would say that the vast majority of these people still do not understand this technology and its principles at all, but at the same time they call themselves BTC-maximalists. These are just not identified bitcoin-hypocrites. One should not blindly believe all those who overnight became BTC-maximalists, having been opponents of this in the past.

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Quote from: Abiky on June 27, 2024, 06:37:53 AM

Yes. I remember when Saylor used to be against Bitcoin. But all of a sudden, he changed his views about it. Now he's a true Bitcoin maximalist.

I wouldn't throw the term around too loosely. Perhaps a small minority are genuine converts, but I suspect the vast majority of business people and career politicians are still fiat maximalists and only like Bitcoin while it suits their goals. Often "fairweather supporters" at best.

And with "friends" like Trump, who needs enemies? The man is a sociopath.

Abiky

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Quote from: CryptoBuds on June 25, 2024, 04:03:26 AM

Michael J. Saylor also had a negative view on bitcoin in the past but now he is the most bullish person we have and many other famous people also have a negative view on bitcoin but they are slowly changing their views about it. But it's funny that no one criticized or said bad things about Michael J. Saylor or Larry Fink, nor did I see anyone say bad things about Gary Gensler when he approved bitcoin ETFs Cheesy

.

All politicians are equally cunning and cruel, they will be willing to do anything to achieve their goals, even murder. Honestly, we won't know what will happen to crypto if Trump is elected but at least for now he is a public supporter of crypto, while the Biden administration is finding ways to hinder the development of cryptocurrency. So there is no reason for us to hate and not support him, at least Trump is giving us a chance, not no chance at all.

Yes. I remember when Saylor used to be against Bitcoin. But all of a sudden, he changed his views about it. Now he's a true Bitcoin maximalist. You can see that's the case when he constantly bashes Ethereum and other alts. I guess the wealthy are now realizing Bitcoin's true potential.

With Trump, Saylor, and Fink by our side, it makes me wonder if people like Warren Buffet and Elizabeth Warren will join the craze? Only time will tell. The Winklevoss twins (from Gemini exchange) donated $2m in BTC to Donald Trump a while ago. Maybe this will help him win the White House? Cheesy

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Quote from: snerd on June 25, 2024, 02:41:42 AM

Trump has now endorsed Bitcoin, but Biden at one time wanted a 30% tax on it! Typical democrat. But I’ve heard he’s now aware that his stance is hurting him, so I look for him to endorse it at one of the Debates or a rally.

Election, election, election, Trump's camp knows how to attract attention again, and so they endorsed Bitcoin and accept as a form of donation. And it could have raise eyebrows for sure, but I would say that it is a smart move by Trump.

On the other hand, Biden's government is turning to be anti-crypto and yea for sure it might be hurting him in the long run. There could be voters that don't have a choice, specially Bitcoin enthusiast as who will they vote between the two. And being pro-crypto could be the decider for some young and old voters.

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Quote from: CryptoBuds on June 25, 2024, 04:03:26 AM

Quote from: Abiky on June 20, 2024, 04:58:45 PM

BlackRock CEO Larry Fink also used to be against Bitcoin only to change his stance a few months ago. Same goes with other wealthy and prominent figures in the mainstream world. They're realizing the true benefits Bitcoin provides. It would be dumb to reject something that's becoming increasingly-popular each day.

At least, Trump is smart by accepting BTC donations. Has Biden done the same? He doesn't even understand what crypto/Blockchain tech is. Since the current administration has regulated the crypto industry with a "heavy hand", crypto voters will seek other candidates who'll put their interests first. Both Donald Trump and RFK Jr. are the ticket for widespread adoption of crypto in America. We need pro-crypto politicians in the USA to help stimulate the growth of this nascent industry. Not the other way around. We'll see how successful Trump's venture will be. Who knows what will happen after Election Day? Cheesy

Michael J. Saylor also had a negative view on bitcoin in the past but now he is the most bullish person we have and many other famous people also have a negative view on bitcoin but they are slowly changing their views about it. But it's funny that no one criticized or said bad things about Michael J. Saylor or Larry Fink, nor did I see anyone say bad things about Gary Gensler when he approved bitcoin ETFs Cheesy

.

All politicians are equally cunning and cruel, they will be willing to do anything to achieve their goals, even murder. Honestly, we won't know what will happen to crypto if Trump is elected but at least for now he is a public supporter of crypto, while the Biden administration is finding ways to hinder the development of cryptocurrency. So there is no reason for us to hate and not support him, at least Trump is giving us a chance, not no chance at all.

Its just like they are taking advantage on what they think what can give them benefits and look what happen to Trump now after calling bitcoin as scam before now its crazy that he show up saying some nice words about bitcoin. People would really doubt on his intention since lots of people don't forget about what he say that Bitcoin is a scam and affecting the value of Dollar.

Now here he is asking for donation in forms of bitcoin then try to catch the attention of people that he is pro bitcoin and willing to support it. Many people doubt on his intention and I understand that since he just say it on election period. These politician always goes or ride with famous issue then try to catch the support of people. So hopefully if he won he would do what he say and totally support bitcoin usage in their country.

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Quote from: Abiky on June 20, 2024, 04:58:45 PM

Quote from: kentrolla on June 08, 2024, 03:53:42 AM

This man is so cunning and he can use all the resources to win elections and to raise funds I don't understand how foolish people can be they are donating for campaign of someone who is already an elite and billionaire. Is it so easy to fool people? He is just using Bitcoin for his personal goals and don't forget once he was against it. Doesn't make any sense to me.

BlackRock CEO Larry Fink also used to be against Bitcoin only to change his stance a few months ago. Same goes with other wealthy and prominent figures in the mainstream world. They're realizing the true benefits Bitcoin provides. It would be dumb to reject something that's becoming increasingly-popular each day.

At least, Trump is smart by accepting BTC donations. Has Biden done the same? He doesn't even understand what crypto/Blockchain tech is. Since the current administration has regulated the crypto industry with a "heavy hand", crypto voters will seek other candidates who'll put their interests first. Both Donald Trump and RFK Jr. are the ticket for widespread adoption of crypto in America. We need pro-crypto politicians in the USA to help stimulate the growth of this nascent industry. Not the other way around. We'll see how successful Trump's venture will be. Who knows what will happen after Election Day? Cheesy

Michael J. Saylor also had a negative view on bitcoin in the past but now he is the most bullish person we have and many other famous people also have a negative view on bitcoin but they are slowly changing their views about it. But it's funny that no one criticized or said bad things about Michael J. Saylor or Larry Fink, nor did I see anyone say bad things about Gary Gensler when he approved bitcoin ETFs Cheesy

.

All politicians are equally cunning and cruel, they will be willing to do anything to achieve their goals, even murder. Honestly, we won't know what will happen to crypto if Trump is elected but at least for now he is a public supporter of crypto, while the Biden administration is finding ways to hinder the development of cryptocurrency. So there is no reason for us to hate and not support him, at least Trump is giving us a chance, not no chance at all.

snerd

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Trump has now endorsed Bitcoin, but Biden at one time wanted a 30% tax on it! Typical democrat. But I’ve heard he’s now aware that his stance is hurting him, so I look for him to endorse it at one of the Debates or a rally.

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Quote from: kentrolla on June 08, 2024, 03:53:42 AM

This man is so cunning and he can use all the resources to win elections and to raise funds I don't understand how foolish people can be they are donating for campaign of someone who is already an elite and billionaire. Is it so easy to fool people? He is just using Bitcoin for his personal goals and don't forget once he was against it. Doesn't make any sense to me.

BlackRock CEO Larry Fink also used to be against Bitcoin only to change his stance a few months ago. Same goes with other wealthy and prominent figures in the mainstream world. They're realizing the true benefits Bitcoin provides. It would be dumb to reject something that's becoming increasingly-popular each day.

At least, Trump is smart by accepting BTC donations. Has Biden done the same? He doesn't even understand what crypto/Blockchain tech is. Since the current administration has regulated the crypto industry with a "heavy hand", crypto voters will seek other candidates who'll put their interests first. Both Donald Trump and RFK Jr. are the ticket for widespread adoption of crypto in America. We need pro-crypto politicians in the USA to help stimulate the growth of this nascent industry. Not the other way around. We'll see how successful Trump's venture will be. Who knows what will happen after Election Day? Cheesy

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Quote from: cryptomaniac_xxx on June 06, 2024, 06:08:00 PM

Just don't forget about this tweet though,

https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

Trump knows how to play with his voters, and so he is thinking that becoming a pro-Bitcoin might favored him that's why he did change his stance for now. It's just the question on when he is elected, will he continue to support Bitcoin?

Lol, there's only two candidates here, and so it's not hard for them to choose who they can tolerant in the next four years.

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Trump would accept even bitconnect if that would have any value at all, give the idiot some testnet coins as I doubt in his new found love fro bitcoin he has spent one second researching what Bitcoin is and why it matters.
Show me one person on this planet who will say no to people donating him money!

I accept LN donations, does that make me Jesus 3.14?

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Quote from: cryptomaniac_xxx on June 06, 2024, 06:08:00 PM

Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

I really don't like either presidential candidate. One has mouth diarrhea and another poops his pants. But both are allowed to change their minds, too. In fact, Bitcoiners like it the most when people who were previously anti-Bitcoin changed their mind.

Isn't this how many of us got into Bitcoin? From doubters and suspicious thoughts to full buy in?

That's the best type of believer

That aside, this is politics.

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This man is so cunning and he can use all the resources to win elections and to raise funds I don't understand how foolish people can be they are donating for campaign of someone who is already an elite and billionaire. Is it so easy to fool people? He is just using Bitcoin for his personal goals and don't forget once he was against it. Doesn't make any sense to me.

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Quote from: Davidvictorson on June 03, 2024, 05:22:14 AM

I don't see how this helps bitcoin in anyway. In fact the involvement of any politician with Bitcoin shouldn't be news and shouldn't be reported at all. We know their intentions. Once they clench power, they'll resume their direct and sponsored attack on Bitcoin. For those who have the technical knowledge and expertise of Bitcoin, please I encourage you to keep creating decentralized and privacy software tools that would shield us from these politicians so that they cannot reach us once they win and reveal their true colors.

This should be the primary focus for now, not believing politicians and their antics, because all they want is the support to get to the position and once they attain the power, it becomes a struggle for the voters and supporters to survive the stringent policies they would enact to cocoon themselves from any comment or questions as to why they haven't fulfilled their campaign pledges.
Trump as a person and a candidate just faced a trial that found him guilty on several charges and we can't simply ignore the issues that befell him while he left office after having lost to Joe who still enjoys the position of president till date.

He and his campaign managers can decide to accept lightning network for all we care , but what am mostly concerned with is the congestion that may follow suit and slow down the network during the period of his campaign.

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Quote from: God bless u on June 08, 2024, 01:49:06 AM

Quote from: justdimin on June 08, 2024, 12:31:34 AM

Quote from: cryptomaniac_xxx on June 06, 2024, 06:08:00 PM

Just don't forget about this tweet though,

https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

Because someone said crypto people like him, that's it. What people do not understand is that Trump has exactly ONE thing in his mind, being loved and he is in the wrong business for that, but you get to see how many people love him, and that's what he wants.

He is aware that republicans do, and he disliked crypto as his honest opinion, but because of what happened with Gensler and SEC, the "opposition" to him ended up getting crypto people disgruntled, so he is taking this time to make crypto something he always liked, which is a lie as we can obviously see, but we are going to see him promote his crypto stuff constantly, so that he could get some more love. It is not votes he wants, it is admiration and worship that he desires more than anything.

Actually it's a part of politics that you have to agree on everything that will ultimately make their political image more strong and adorable. It's not only the case with Trump but in every country there are politicians and almost all of them use the same techniques to make their political image better.

Once Trump was against the crypto currency market and now he see youth being so much involved so he changed his perspective.

That's right, not just Mr. Trump, any politician will use any trick if they see its potential to help them achieve their goals. But the more important thing that people are ignoring is that we only have two options: Trump and Biden. We still don't know how Trump will treat bitcoin and cryptocurrency after being elected, whether he is really as friendly to it as he says. But with what Biden is doing, he proposes to increase taxes on miners, he supports the SEC to confront cryptocurrencies by vetoing the SAB 21 bill. The world economy is still mired in inflation and shows no signs of cooling under President Biden.

https://cointelegraph.com/news/united-states-president-joe-biden-veto-sab-121-crypto-accounting-rule
https://www.ifcreview.com/news/2024/april/us-bidens-44-crypto-tax-plan-faces-fierce-opposition/#:~:text=The%20Biden%20administration's%20crypto%20tax,impact%20on%20innovation%20and%20investment.

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Quote from: bettercrypto on June 08, 2024, 01:46:45 AM

Maybe when Trump wins the US presidency again, it will probably become a reality that every single bitcoin will be 150k to 200k until next year. Because Biden is actually just riding the trend that bitcoin has in these times because there will be an election, that's why Biden is doing all the flattery and stupidity to make the voters believe in their country.

Most people also know that Biden is not really a supporter of Bitcoin or cryptocurrency; that's the truth. Also, supporting people via bitcoin's lightning network is another good way to be honest.

How delusional are you? You are easily one of the most gullible people that I have ever noticed period. Trump is clearly just taking advantage of the ETF wave which anyone with a brain can see.

@cryptomaniac_xxx even shared a tweet of his where he expressed his opinion clearly about crypto above. Do your research.

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Quote from: justdimin on June 08, 2024, 12:31:34 AM

Quote from: cryptomaniac_xxx on June 06, 2024, 06:08:00 PM

Just don't forget about this tweet though,

https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

Because someone said crypto people like him, that's it. What people do not understand is that Trump has exactly ONE thing in his mind, being loved and he is in the wrong business for that, but you get to see how many people love him, and that's what he wants.

He is aware that republicans do, and he disliked crypto as his honest opinion, but because of what happened with Gensler and SEC, the "opposition" to him ended up getting crypto people disgruntled, so he is taking this time to make crypto something he always liked, which is a lie as we can obviously see, but we are going to see him promote his crypto stuff constantly, so that he could get some more love. It is not votes he wants, it is admiration and worship that he desires more than anything.

Actually it's a part of politics that you have to agree on everything that will ultimately make their political image more strong and adorable. It's not only the case with Trump but in every country there are politicians and almost all of them use the same techniques to make their political image better.

Once Trump was against the crypto currency market and now he see youth being so much involved so he changed his perspective.

bettercrypto

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Maybe when Trump wins the US presidency again, it will probably become a reality that every single bitcoin will be 150k to 200k until next year. Because Biden is actually just riding the trend that bitcoin has in these times because there will be an election, that's why Biden is doing all the flattery and stupidity to make the voters believe in their country.

Most people also know that Biden is not really a supporter of Bitcoin or cryptocurrency; that's the truth. Also, supporting people via bitcoin's lightning network is another good way to be honest.

justdimin

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Quote from: cryptomaniac_xxx on June 06, 2024, 06:08:00 PM

Just don't forget about this tweet though,

https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

Because someone said crypto people like him, that's it. What people do not understand is that Trump has exactly ONE thing in his mind, being loved and he is in the wrong business for that, but you get to see how many people love him, and that's what he wants.

He is aware that republicans do, and he disliked crypto as his honest opinion, but because of what happened with Gensler and SEC, the "opposition" to him ended up getting crypto people disgruntled, so he is taking this time to make crypto something he always liked, which is a lie as we can obviously see, but we are going to see him promote his crypto stuff constantly, so that he could get some more love. It is not votes he wants, it is admiration and worship that he desires more than anything.

Ludmilla_rose1995

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Quote from: kryptqnick on June 07, 2024, 12:52:07 AM

It's great that Bitcoin is becoming a more prominent part of US politics, and that a major presidential candidate accepts donations in Bitcoin. But I hope that a small nice gesture, and a gesture that benefits Trump directly (it's money for his campaign, and it's potential votes for him in the elections), won't be enough to sway people to vote for him. Right now, Trump just needs support, so he seems more pro-Bitcoin. But in 2021, for instance, he viewed Bitcoin as a scam and was against it because it's competing against the USD.

Basic politicians, the words they say keep changing, the article below also explains that Trump is quite skeptical about Bitcoin and crypto

Quote

Donald Trump's Historical Stance on Bitcoin
Donald Trump's views on Bitcoin and cryptocurrencies have been a subject of significant interest and analysis. His comments on the matter, though not frequent, have been clear and pointed, reflecting skepticism towards the digital currency.

➥ https://www.cryptodispensers.com/blog/trump-and-bitcoin-unraveling-the-impact-on-cryptos-course

but I'm sure that currently he is following the trend, especially since the bitcoin ETF already exists, so he sees the unstoppable potential of bitcoin

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Quote from: Davidvictorson on June 03, 2024, 05:22:14 AM

I don't see how this helps bitcoin in anyway. In fact the involvement of any politician with Bitcoin shouldn't be news and shouldn't be reported at all. We know their intentions. Once they clench power, they'll resume their direct and sponsored attack on Bitcoin. For those who have the technical knowledge and expertise of Bitcoin, please I encourage you to keep creating decentralized and privacy software tools that would shield us from these politicians so that they cannot reach us once they win and reveal their true colors.

It helps give mainstream exposure to Bitcoin. Especially with a high profile politician as Donald Trump. I know the Lightning Network is flawed, but it's at least a good way to drive the masses into BTC. With due time, the LN should be able to improve until it becomes a "force to reckon with". We need as many pro-crypto politicians in Bitcoin as possible.

Of course. Some of them publicly claim their support for BTC just to gather votes. Once they're in power, they totally forget about it. Just like how Argentina's Javier Milei forgot about Bitcoin. Was he able to abolish the Argentine Central Bank? No. Was he able to replace the Argentine Peso with either the USD or BTC? No. The same thing could happen with Donald Trump after he's re-elected for President of the United States. Who knows? Cheesy

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Quote from: cryptomaniac_xxx on June 06, 2024, 06:08:00 PM

Just don't forget about this tweet though,

https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

That's the problem, populism causes people to stop thinking altogether. Politics has become 'personalities over policies'. Trump could stand on a stage tomorrow and announce that he's going to shoot a baby in the face and plenty of dumbfucks would still vote for him. Hopefully he ends up in jail and the Republicans will be forced to select a new candidate.

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Quote from: cryptomaniac_xxx on June 06, 2024, 06:08:00 PM

Just don't forget about this tweet though,

https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

It is true that the election is approaching and he is using every means to get people's votes, and whether he really supports cryptocurrency or not is still a question mark. But what's wrong with someone changing their opinion after a while, after taking the time to learn about it? Even many investors on this forum, who are bitcoin maximalists were skeptical and distrustful of bitcoin in the early days of hearing about it. I myself was the one who refused to invest in bitcoin when I first heard about it, simply because at that time we had not learned about it and did not know what it was, so it was normal for us not to be interested. Or even the CEO of blackrock or Michael J. Saylor used to despise bitcoin but now they are the investors holding the majority of bitcoin.

If yesterday he claimed to hate bitcoin and cryptocurrencies, but today he suddenly said he was very interested in them, it would be a blatant lie. But it's been 5 years, and that time is not short.

https://www.cnbc.com/2017/10/13/blackrock-ceo-larry-fink-calls-bitcoin-an-index-of-money-laundering.html
https://www.coindesk.com/business/2023/07/07/blackrock-ceo-larry-finks-turnabout-on-bitcoin-elicits-cheers-skepticism-from-crypto-insiders/

God bless u

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Quote from: MusaMohamed on June 02, 2024, 09:31:07 PM

It is the first time ever a President nominee in the USA accepts Bitcoin donation for his campaign by Bitcoin Lightning Network.

Trump Becomes First President To Accept Bitcoin Lightning Payments For Campaign Donations.

The team of Trump's campaign accept it by partnering with Opennode. I don't judge anything about Trump and his team but I see he is actually a creative man and proved it through his life and business career as well as political career recent years. He doesn't refuse to accept anything, even it is very new, if it can potentially helps him to get benefit.

https://txstats.com/d/000000012/lightning-network?orgId=1&from=now-7y&to=now
Number of opened channels drop but Sum of channel value recovers and increases since September 2023.

It's very obvious that when one is not in power he will do anything just to get the power again it's because power is also like a drug that has no exit to its addiction. It will make you do things that you never have thought of doing in your life.

So it's not a surprise that Trump is doing that officially to take power be will get any kind of donations that will come to its way.

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They say a rat will eat his own kids and I believe any politician will do the same. During that past elections many of the politicians made huge promises when they got near to the election and some of them were supporting Trump, but when he was elected... they faded away into the shadows and Trump made all the calls. Roll Eyes

These people will use any technology to get their hands on "money"... so do not expect them to support it, once they get into positions of power. They will use this technology and spit it out, once they reached their goals.... and it does not matter to them, where it came from. Cheesy

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It's great that Bitcoin is becoming a more prominent part of US politics, and that a major presidential candidate accepts donations in Bitcoin. But I hope that a small nice gesture, and a gesture that benefits Trump directly (it's money for his campaign, and it's potential votes for him in the elections), won't be enough to sway people to vote for him. Right now, Trump just needs support, so he seems more pro-Bitcoin. But in 2021, for instance, he viewed Bitcoin as a scam and was against it because it's competing against the USD.

cryptomaniac_xxx

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Just don't forget about this tweet though,

https://x.com/realDonaldTrump/status/1149472282584072192?lang=en

In short he calls Bitcoin as a scam, so why the sudden change of stance here?
Obviously, it's election time, gals and guys, others might argue that this is not a political statement, but still coming from a President and then suddenly make a U-turn statement to suddenly accepts LN for his campaign donation? You have to think twice American voters.

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Quote from: BlackHatCoiner on June 03, 2024, 12:01:01 PM

The Bitcoin community in the last few months:

Absolutely disgusting.

Quote from: BlackHatCoiner on June 03, 2024, 12:01:01 PM

I have a hard feeling that we shouldn't be praising about that person. He accepts lightning, and other crypto for his donations. So what? It's naive to think that he's pro-Bitcoin, because Bitcoin literally takes the power of him. And, judging by his previous presidency, it's highly likely that he won't abide by his promises.

Anyone can make an account with OpenNode, what is the big deal about that? It is highly unlikely that the amount of donations made via Lightning Network will be significant anyway, as Lightning Network channels have serious limitations for opening channels with very large (1BTC+) balances. And it is also unlikely that those donations will be enough to cover a days' worth of advertising anyway.

bluebit25

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I just have the feeling that Trump and his team are expressing support for bitcoin and crypto, not sure if it will affect people's support for him but really for the crypto community always great news.

Having an influencer like Trump show support for Bitcoin is proving the fact that it is moving towards adoption in a big way, and even Biden is showing interest in Bitcoin. Perhaps they also see some opportunity in supporting Bitcoin to optimize election results.

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Quote from: Majestic-milf on June 03, 2024, 01:54:50 AM

Well, to correct your take, Trump is not the first presidential candidate to accept Bitcoin payment via lightning network since Robert F. Kennedy was the first to do this but others have started accepting payment in Bitcoin and the person to bring this pattern in was Kentucky Senator, Rand Paul in 2016. Back then, to accept payment in crypto was regarded as "wading into strange waters"
Most of these politicians are not really against Bitcoin but will not be bold to stand up for it when it matters, to them anything that will sway the public into lobbying for them should be used to their advantage and it will be wise to not trust the words of politicians.

Good clarification. Then I think it would be more correct to say that he is the first candidate with a clear chance of being president of the USA, to accept bitcoin as a donation. In fact he is ahead of the polls. And he is also a former president. So I think this is not a minor issue.

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Quote from: Davidvictorson on June 03, 2024, 05:22:14 AM

I don't see how this helps bitcoin in anyway. In fact the involvement of any politician with Bitcoin shouldn't be news and shouldn't be reported at all. We know their intentions. Once they clench power, they'll resume their direct and sponsored attack on Bitcoin. For those who have the technical knowledge and expertise of Bitcoin, please I encourage you to keep creating decentralized and privacy software tools that would shield us from these politicians so that they cannot reach us once they win and reveal their true colors.

This movement does not help bitcoin if it is based on the manifestation of Satoshi Nakamoto, and i agree that the involvement of politicians will not bring real decentralization, only censorship & also rules there. However, if we look at it from another point of view, this movement can help normies get involved directly in bitcoin. Slowly, movements like this will eventually bring real decentralization of the general awareness that was spread first.

Based on the annual consumer report from Security.org, there has been a significant increase in crypto adopters in the US ^[1].

Cryptocurrencies Ownership Rates Among American Adults
2021 - 15%
2022 - 33%
2023 - 30%
2024 - 40%

Although the data above does not refer to bitcoin specifically, i believe that slowly people will find out what bitcoin is and what its true purpose is.

[1] https://www.security.org/digital-security/cryptocurrency-annual-consumer-report/

DubemIfedigbo001

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Quote from: franky1 on June 03, 2024, 12:26:38 PM

campaign in bitcoin........... uses totally different network that does not even have a blockchain nor the network wide audit security of bitcoin
i think he misses the point and does not understand bitcoin. but wants a free lunch

He is a politician and politicians are mostly not straightforward in their actions and live by somewhat propaganda. With his approach, buddy doesn't care much neither about bitcoin nor investment, nor security of it. He's just looking for a way to secure more funding which would be converted into fiat on receipt and on the surface the media propagates to bitcoin illiterates that he is taking bitcoin seriously.

It is also a campaign strategy to buy the bitcoin community to his side for the re-run of the elections. He's strictly not in favour of bitcoin, but has to bend a bit as a campaign strategy.

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Quote from: dezoel on June 05, 2024, 03:19:47 PM

I thought this man is against BTC, lol. So it looks like he changed his mind now? But, it's also possible that this is only a show-off, to get our sympathy, as he knew that we are lots of us who support BTC and against to the people who dislike it. Biden is more friendly with BTC but we never heard that he did a similar thing like this. Though like I said earlier, this can be too-good-to-be-true, so think a lot of times everyone before believing it.

Despite of it, I think the BTC community can still benefit with it because it was still a special type of promotion, since it's done by a big person. Even if the regular BTC is not the ones who are starring here but that's better because we always wanted to help the Lightning Network to gain more adoption.

What do you expect? It's election time again and even though he is already convicted, who knows, maybe he could still run for the office of the President again and so he has a lot of supporters that's why he chooses to accept donation via LN.

And it will be a big boost to him, if he portrays himself as a Bitcoin or crypto friendly President as compare to the administration of Joe Biden, who seems to be against Bitcoin and his party by all means. But it doesn't mean that LN will be adopted though just because Trump uses it, there is no correlation whatsoever.

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I thought this man is against BTC, lol. So it looks like he changed his mind now? But, it's also possible that this is only a show-off, to get our sympathy, as he knew that we are lots of us who support BTC and against to the people who dislike it. Biden is more friendly with BTC but we never heard that he did a similar thing like this. Though like I said earlier, this can be too-good-to-be-true, so think a lot of times everyone before believing it.

Despite of it, I think the BTC community can still benefit with it because it was still a special type of promotion, since it's done by a big person. Even if the regular BTC is not the ones who are starring here but that's better because we always wanted to help the Lightning Network to gain more adoption.

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Quote from: MusaMohamed on June 02, 2024, 09:31:07 PM

It is the first time ever a President nominee in the USA accepts Bitcoin donation for his campaign by Bitcoin Lightning Network.

Trump Becomes First President To Accept Bitcoin Lightning Payments For Campaign Donations.

The team of Trump's campaign accept it by partnering with Opennode. I don't judge anything about Trump and his team but I see he is actually a creative man and proved it through his life and business career as well as political career recent years. He doesn't refuse to accept anything, even it is very new, if it can potentially helps him to get benefit.

https://txstats.com/d/000000012/lightning-network?orgId=1&from=now-7y&to=now
Number of opened channels drop but Sum of channel value recovers and increases since September 2023.

Why use the Lightning Network? Can't he(or probably the team behind his campaign) just create a cold wallet and accept direct BTC donations? The Lightning Network failed to gain mass adoption among the crypto community. The decision to use LN for donations seems weird.
Anyway, I don't care that much about American politics and I don't trust Trump. He's an opportunist and he will seek every possible way to gain more supporters. Several years ago, he said that crypto is ""made out of thin air" and how he supports crypto. He stated that he will ban TikTok and now there are news that he opened a TikTok account. This man is ruthless. Grin

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This thread title should be renamed as 'Trump fools more people into lobbying for him'. Anyone with a half-decent brain can tell that he is clearly doing all this just for extra support from the crypto community.

That fat dumdum doesn't give two shits about BTC or crypto in general. You need to be truly stupid and naive to actually fall for this crap.

FinneysTrueVision

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Biden has allowed Democrats like Gary Gensler and Elizabeth Warren to be in control of the US’s cryptocurrency policies. Their persecution of legitimate businesses has made it unappealing for crypto investors to want to vote for their party. They’ve underestimated how many people they would be alienating with their hostile actions. Trump has taken advantage of this and is now pandering to them to get their vote and financial backing. People that might not have had any intention of voting are now going to be motivated to support Trump because they believe his administration will keep their hands off of their coins.

Trump, like almost every politician, is a charlatan. We can assume that most of what he says while campaigning is insincere. We can only count on him being loyal to himself and to his Wall Street donors. I expect we will see some large contributions from crypto exchanges wanting their voices heard. If the crypto industry can buy their way into having some influence, then perhaps we will start seeing some more positive regulation

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Quote from: Majestic-milf on June 03, 2024, 01:54:50 AM

Well, to correct your take, Trump is not the first presidential candidate to accept Bitcoin payment via lightning network since Robert F. Kennedy was the first to do this

Some people might get confused lol. This is Kennedy’s son, Robert F. Kennedy Jr. . Rfk did not come back from the dead. Grin

.

But anyway Kennedy Jr. is running independently maybe that’s why Trump’s stance on bitcoin is more celebrated because he is the only one of a major electoral party to be this accepting of bitcoin. If you think Kennedy Jr. might be a better option than Trump because he supports bitcoin then think again. Objectively speaking, he shares a lot of similar values with Trump and a more questionable opinions as well. Kennedy Jr. is not taking voters away from the Democrats but is rather splitting the voters among Republicans.

Despite carrying the name of a previous president, he doesn’t have a huge chance just between Biden and Trump to win.

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Quote from: BlackHatCoiner on June 03, 2024, 12:01:01 PM

I have a hard feeling that we shouldn't be praising about that person. He accepts lightning, and other crypto for his donations. So what? It's naive to think that he's pro-Bitcoin, because Bitcoin literally takes the power of him. And, judging by his previous presidency, it's highly likely that he won't abide by his promises.

Exactly my thoughts, I don't know why the bitcoin community sees Trump's acceptance of bitcoin as something very special. When we all know politicians are always doing all that is in their power to get into position while leaving out their promises without an attempt to accomplish them.

Truth is with or without trump bitcoin adoption will still be and so all that is going on around the community is just a hype that I can't see. praising him that more people will adopt bitcoin for his reputation and popularity, which is absolutely ridiculous for me. that's absolutely bull shit, people who will attack bitcoin when the time comes for support.

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Quote from: MusaMohamed on June 02, 2024, 09:31:07 PM

The team of Trump's campaign accept it by partnering with Opennode. I don't judge anything about Trump and his team but I see he is actually a creative man and proved it through his life and business career as well as political career recent years. He doesn't refuse to accept anything, even it is very new, if it can potentially helps him to get benefit.

This isn't surprising to me, he's a politician and they are clever when it comes to finding things that can be beneficial for them. He knows that Bitcoin and cryptocurrencies are the biggest trends in the world at the moment, and he knows that there are a very large majority of people in the US who like and support cryptocurrencies, so his showing support for them will eventually get into the soft-corner of these people and it will be beneficial for him during elections.

These are all marketing gimmicks from politicians and I bet he isn't a fan of Bitcoin himself. A person from the government can never openly support Bitcoin or cryptocurrencies when they know that these things can be the reason for them to lose control over the finances and financial activities of their people.

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Wow, big step towards something, I just hope though that something really good is going to happen after all of this and that Trump isn't going to forget the promises he made to make sure that the bitcoin community in the USA will have a fun time if he becomes the president. This isn't that big of a deal for him though, maybe for the crypto community but other than that because I do believe there's probably more money pouring in that's not in cryptocurrency that's being donated for his campaign, of that I'm sure of but donation is donation and Trump needs to use whatever is given to him.

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Well, here it comes: Trump really is including the usage of bitcoin or crypto currency in his campaign. This will be a huge advantage because, for sure, many people will eventually praise him and be amazed that he uses bitcoin, which is a new way of donating for campaigns, and also because it will benefit us because he is promoting bitcoin world-wide. Because I think Trump is the first candidate to do this kind of campaign, we might expect that trump might win whatever he is running for. But I also hope that Trump will keep his promise about bitcoin holders and not just be a false promiser who just used the power of bitcoin. Anyway, let's see it through to the end on what will happen to this campaign because, for sure, many people will keep an eye on it. But also, Trump should be careful because, as he uses bitcoin as campaign funds, many politicians will look for a loophole or anything else that they could accuse Trump of.

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Quote from: GbitG on June 03, 2024, 05:44:14 PM

So all these promises from Donald Trump seem to me to be false. There is no guarantee that he will actually do so after becoming president.

What you say may be true, but I prefer to keep the door open to the possibility that Trump is true to his promises. We cannot judge definitively until he actually assumes the presidency and see what decisions he will make.

I know that it is possible that all of this is election propaganda and making promises in the air, but let us see the positive side, which is the entry of cryptocurrencies into the presidential race, and this is happening for almost the first time.

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Trump is not just playing the politics but going to get the support from the crypto community as the politicians have been keeping a blind eye on crypto.. but now that our man is back in the ring...price could start jumping once again which is good.
And as far as I know, win or lose Bitcoin through such initiatives don't only benefit one person but the whole crypto verse and it will be nice to get a POTUS that is in support of BTC and other digital currencies.

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Quote from: yhiaali3 on June 03, 2024, 12:10:11 PM

Donating Bitcoin to Trump's campaign through the Bitcoin Lightning Network is great news for the Bitcoin community right now, but what's next?

I mean, if Trump wins the presidency, will he continue with the same friendly approach towards cryptocurrencies and Bitcoin? We cannot judge unless we see written decisions on the ground. Otherwise, everything remains just electoral propaganda for the presidential campaign.

Hmm, it's nothing more than just a political propaganda. I also posted recently that these people only perform these kinds of activities for their own interests in such a way that they succeed in achieving their goals. Donald Trump tricking people into taking Bitcoin is a story as much as I think these people are just using us for their own purposes. As you said, will Trump really do this, My answer is that absolutely not. These political buddies do nothing but make false promises unless they succeed in their goal.

So all these promises from Donald Trump seem to me to be false. There is no guarantee that he will actually do so after becoming president.

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Quote from: Majestic-milf on June 03, 2024, 01:54:50 AM

Quote from: MusaMohamed on June 02, 2024, 09:31:07 PM

It is the first time ever a President nominee in the USA accepts Bitcoin donation for his campaign by Bitcoin Lightning Network.

Trump Becomes First President To Accept Bitcoin Lightning Payments For Campaign Donations.

The team of Trump's campaign accept it by partnering with Opennode. I don't judge anything about Trump and his team but I see he is actually a creative man and proved it through his life and business career as well as political career recent years. He doesn't refuse to accept anything, even it is very new, if it can potentially helps him to get benefit.

https://txstats.com/d/000000012/lightning-network?orgId=1&from=now-7y&to=now
Number of opened channels drop but Sum of channel value recovers and increases since September 2023.

Well, to correct your take, Trump is not the first presidential candidate to accept Bitcoin payment via lightning network since Robert F. Kennedy was the first to do this but others have started accepting payment in Bitcoin and the person to bring this pattern in was Kentucky Senator, Rand Paul in 2016. Back then, to accept payment in crypto was regarded as "wading into strange waters"
Most of these politicians are not really against Bitcoin but will not be bold to stand up for it when it matters, to them anything that will sway the public into lobbying for them should be used to their advantage and it will be wise to not trust the words of politicians.

Well it's a good thing that someone as big and popular like Donald Trump has now publicly and boldly stand for bitcoin, for me this is a big win for the bitcoin community. Imagine the number of people that will adopt bitcoin now, just for the fact that Trump is not only campaigning for bitcoin, but he is already using it for receiving donation for his presidential election. He might not have been the first to do something like this, but his personality speaks volume when compared with others.

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Quote from: MusaMohamed on June 02, 2024, 09:31:07 PM

The team of Trump's campaign accept it by partnering with Opennode. I don't judge anything about Trump and his team but I see he is actually a creative man and proved it through his life and business career as well as political career recent years. He doesn't refuse to accept anything, even it is very new, if it can potentially helps him to get benefit.

Targeting bitcoin holders is a great move lol.

He is not the first presidential candidate to allow this but I think it could be the most relevant seeing how much exposed bitcoin has been. Many controversies have come and many still question the legitimacy of bitcoin but this move from Trump will definitely sway some others.

Bitstar_coin

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Trump definitely knows how to play the game, becoming pro bitcoin and using as a means of fundraising will certainly bring the huge crypto community to his advantage without breaking a sweat. Hopefully he will remain this positive and supportive if he gets re-elected in the upcoming election.

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Trump is targeting crypto community to gain more political advantage over Biden but if whatever he does is not just for sake of political favor but he's genuinely interested in cryptocurrencies and Bitcoin then I think he could be a good candidate for presidential elections.

I'm not sure whether his victory could be beneficial for anyone or not but if he stay firm and continue supporting cryptocurrencies even after becoming the president of United States then things will be much smother for crypto community of United States.

I know it's not a great think to accept donation via Bitcoin but it's the first step to show that he's now into crypto market and surely as a businessmen he will try to earn good returns in this bull run if he secretly hold a huge stash of Bitcoin.

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From the reactions I have seen online, it seems this is a new trick in the West, in my country it’s normal to see politicians do and say all sorts of things to win the hearts of the people. Trump is simply trying to win the hearts of the crypto community, I believe his team have done their research on the percentage of voters who are pro bitcoin and vice versa before coming to the conclusion that positioning Trump as pro bitcoin would increase their popularity.

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Quote from: BlackHatCoiner on June 03, 2024, 12:01:01 PM

He accepts lightning, and other crypto for his donations. So what? It's naive to think that he's pro-Bitcoin, because Bitcoin literally takes the power of him.

It would not be the first time he is using speculation and Conspiracies to his advantage. There have been a few other circumstances before where groups of people believed in some particular Conspiracies and Trump hundred percent took advantage of it indirectly feeding their fire just so he can praise his own butt.

I am pretty much neutral. All I want is the better of our Society. But honestly. I think there have only been a handful of Presidencies all over the world in the past decades that made their country a better place. Most of them just suck off the opportunity of making more money, creating new Laws for their own good and so on. Society, citizens are never a priority.

I am sick of this B S. No matter who gets chosen in which country, it is still the same cycle. 3 years of losing hope, 1 year of preparing for the next seemingly hopeful Presidency. Repeat.

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Wow I wasn’t really expecting that one. He probably has a camping manager that knows the latest techs/memes etc. Back in the day in 2015 I was playing a mmorpg game and people were spamming “Trump 2016!!!” on global chat. I was like, who teh fuck is tramp and what is with 2016? Then he won… He definitely has a pro campaigner team and they are excellent at doing their job.

Bitcoin has a hardcore fanbase and looks like they will support Trump in the upcoming elections. It is a win/win situation for everyone.

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Quote from: Davidvictorson on June 03, 2024, 05:22:14 AM

I don't see how this helps bitcoin in anyway. In fact the involvement of any politician with Bitcoin shouldn't be news and shouldn't be reported at all. We know their intentions. Once they clench power, they'll resume their direct and sponsored attack on Bitcoin. For those who have the technical knowledge and expertise of Bitcoin, please I encourage you to keep creating decentralized and privacy software tools that would shield us from these politicians so that they cannot reach us once they win and reveal their true colors.

The effect of this political move on Bitcoin might not be big, but this kind of news promotes the coin. The knowledge that a leading presidential aspirant is associating himself with Bitcoin gives the currency more publicity and possible adoption. However, his intention is just to accept donations nothing more. Politicians are like chameleons that keep changing based on circumstances, so they cannot be trusted.

Quote from: DooMAD on June 03, 2024, 08:28:09 AM

If you want to give your money to a liar and convicted felon, go ahead. You're just throwing your money away, though. That selfish piece of shit isn't going to do anything for you even if he did get re-elected. And he's probably going to jail and won't be able to run for president anyway.

Trump is a hero to core Republicans. To them, Trump is their savior and is persecuted by the democrats to diminish his chances of winning the elections. Biden is the better evil because I will never vote for an unapologetic racist.

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campaign in bitcoin........... uses totally different network that does not even have a blockchain nor the network wide audit security of bitcoin
i think he misses the point and does not understand bitcoin. but wants a free lunch

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Quote from: MusaMohamed on June 02, 2024, 09:31:07 PM

It is the first time ever a President nominee in the USA accepts Bitcoin donation for his campaign by Bitcoin Lightning Network.

For sure he is not the first to start this, but what i still don't get here is how his acceptance of bitcoin lightning network will increase his chances of winning the election, though i don't have a doubt about the massive influx he could derive from this act from the bitcoin users across the globe, but am beginning to sense if this is not more of being a personal criterial for the people to use on individuality and the campaign organization each candidate belongs, if he is that lucky, maybe the use of bitcoin and the lightning network incorporation could help his achievement pilot towards having higher edge over the opposition candidate, whereas, Biden has also made mentioned that its not that he is against bitcoin, stating his own reasons as well, bitcoin is becoming more attractive with all these that the new government regime we may have will now have a serious consideration over it unlike before.

yhiaali3

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Donating Bitcoin to Trump's campaign through the Bitcoin Lightning Network is great news for the Bitcoin community right now, but what's next?

I mean, if Trump wins the presidency, will he continue with the same friendly approach towards cryptocurrencies and Bitcoin? We cannot judge unless we see written decisions on the ground. Otherwise, everything remains just electoral propaganda for the presidential campaign.

For my part, I hope that this is true and I believe that it is possible because I see a lot of change in the United States’ policy towards cryptocurrencies, and even President Biden a few days ago passed a resolution in favor of cryptocurrencies.

Smack That Ace

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Quote from: Davidvictorson on June 03, 2024, 05:22:14 AM

I don't see how this helps bitcoin in anyway. In fact the involvement of any politician with Bitcoin shouldn't be news and shouldn't be reported at all. We know their intentions. Once they clench power, they'll resume their direct and sponsored attack on Bitcoin. For those who have the technical knowledge and expertise of Bitcoin, please I encourage you to keep creating decentralized and privacy software tools that would shield us from these politicians so that they cannot reach us once they win and reveal their true colors.

I agree with you that you cannot trust what politicians are saying because they are just trying to do everything to achieve their own goals. But that doesn't mean we absolutely hate politicians or governments because without government approval, bitcoin wouldn't have become as popular as it is today. If they do not legalize bitcoin and issue a harsh ban on bitcoin, we will certainly have many difficulties in using bitcoin. Governments may be bitcoin's biggest barrier, but they can also pave the way for bitcoin's global adoption.

BlackHatCoiner

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The Bitcoin community in the last few months:

I have a hard feeling that we shouldn't be praising about that person. He accepts lightning, and other crypto for his donations. So what? It's naive to think that he's pro-Bitcoin, because Bitcoin literally takes the power of him. And, judging by his previous presidency, it's highly likely that he won't abide by his promises.

avikz

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Not going into any political debate, but Trump is trying to market himself in every way possible. Cryptocurrency in USA is a big market and it has a huge user base. A lot of people are actually disgruntled about how regulatory agencies are constantly coming after the crypto companies. With Trump's political donation avenue, people may think Trump will get them some relief here.

Having more options is a good thing. At least Trump is not trying to hide the information like Modi!

PrivacyG

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I wonder how things will unfold after the Elections. Because I have yet to see some body who actually makes the Bitcoin regulations better, not worse.

This is in fact a good strategy for his campaign considering the number of people who know about Bitcoin and are or would use it is significant enough to shift the votes toward his side. If there is one thing I learned all my life however. It is to never hope the promises of a Politician turn into reality, because most of the time either they half ass do it or they do not do it at all.

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If you want to give your money to a liar and convicted felon, go ahead. You're just throwing your money away, though. That selfish piece of shit isn't going to do anything for you even if he did get re-elected. And he's probably going to jail and won't be able to run for president anyway.

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Quote from: ABCbits on June 03, 2024, 05:15:59 AM

I wonder whether they decide to use OpenNode since it offer feature to automatically convert Bitcoin to fiat.

Quote from: Majestic-milf on June 03, 2024, 01:54:50 AM

--snip--
Well, to correct your take, Trump is not the first presidential candidate to accept Bitcoin payment via lightning network since Robert F. Kennedy was the first to do this but others have started accepting payment in Bitcoin and the person to bring this pattern in was Kentucky Senator, Rand Paul in 2016. Back then, to accept payment in crypto was regarded as "wading into strange waters"
--snip--

That person isn't really popular though, since it seems almost everyone talk about Trump or Biden as next president. So it's not surprising some media news intentionally write false news title because they pro Trump or want more people read news they write.

You didn't hear about Rand Paul because back then although he started accepting crypto, particularly bitcoin as means of payment for his political campaigns, he still had some misgivings about the currency, preferring it were backed by a more stable commodity like gold. Also despite his bid to get into the good books of business magnates who have soft spot for the Libertarians so as to help his aim of being president, the best he could achieve is being a senator of Kentucky till date so its normal for him to take back seat against Trump and Biden who have served as presidents and the latter is still serving.
Trump is more recognized as having started accepting bitcoin as payment for his political campaign as he was one, if not the first, president to be pro bitcoin which kind of pushes him to the forefront whenever crypto activities are mentioned.

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I don't see how this helps bitcoin in anyway. In fact the involvement of any politician with Bitcoin shouldn't be news and shouldn't be reported at all. We know their intentions. Once they clench power, they'll resume their direct and sponsored attack on Bitcoin. For those who have the technical knowledge and expertise of Bitcoin, please I encourage you to keep creating decentralized and privacy software tools that would shield us from these politicians so that they cannot reach us once they win and reveal their true colors.

ABCbits

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I wonder whether they decide to use OpenNode since it offer feature to automatically convert Bitcoin to fiat.

Quote from: Majestic-milf on June 03, 2024, 01:54:50 AM

--snip--
Well, to correct your take, Trump is not the first presidential candidate to accept Bitcoin payment via lightning network since Robert F. Kennedy was the first to do this but others have started accepting payment in Bitcoin and the person to bring this pattern in was Kentucky Senator, Rand Paul in 2016. Back then, to accept payment in crypto was regarded as "wading into strange waters"
--snip--

That person isn't really popular though, since it seems almost everyone talk about Trump or Biden as next president. So it's not surprising some media news intentionally write false news title because they pro Trump or want more people read news they write.

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Quote from: Majestic-milf on June 03, 2024, 01:54:50 AM

Quote from: MusaMohamed on June 02, 2024, 09:31:07 PM

It is the first time ever a President nominee in the USA accepts Bitcoin donation for his campaign by Bitcoin Lightning Network.

Trump Becomes First President To Accept Bitcoin Lightning Payments For Campaign Donations.

The team of Trump's campaign accept it by partnering with Opennode. I don't judge anything about Trump and his team but I see he is actually a creative man and proved it through his life and business career as well as political career recent years. He doesn't refuse to accept anything, even it is very new, if it can potentially helps him to get benefit.

https://txstats.com/d/000000012/lightning-network?orgId=1&from=now-7y&to=now
Number of opened channels drop but Sum of channel value recovers and increases since September 2023.

Well, to correct your take, Trump is not the first presidential candidate to accept Bitcoin payment via lightning network since Robert F. Kennedy was the first to do this but others have started accepting payment in Bitcoin and the person to bring this pattern in was Kentucky Senator, Rand Paul in 2016. Back then, to accept payment in crypto was regarded as "wading into strange waters"
Most of these politicians are not really against Bitcoin but will not be bold to stand up for it when it matters, to them anything that will sway the public into lobbying for them should be used to their advantage and it will be wise to not trust the words of politicians.

If the OP would stand to be corrected, you are right to say Donald Trumps is not the first electoral candidate to commend on the adoption of Bitcoin payments of lightening network.

However, Trump has been crypto pro which he had made publicly more visible than anyone else. Perhaps that would enlarge his electorial teams speculations and gaining him hope to achieve his political goal of winning the US presidential election. Yes quite agreed that politicians are not reliable as they could make unfulfillable promises.

Majestic-milf

hero member

Activity: 966

Merit: 620

Quote from: MusaMohamed on June 02, 2024, 09:31:07 PM

It is the first time ever a President nominee in the USA accepts Bitcoin donation for his campaign by Bitcoin Lightning Network.

Trump Becomes First President To Accept Bitcoin Lightning Payments For Campaign Donations.

The team of Trump's campaign accept it by partnering with Opennode. I don't judge anything about Trump and his team but I see he is actually a creative man and proved it through his life and business career as well as political career recent years. He doesn't refuse to accept anything, even it is very new, if it can potentially helps him to get benefit.

https://txstats.com/d/000000012/lightning-network?orgId=1&from=now-7y&to=now
Number of opened channels drop but Sum of channel value recovers and increases since September 2023.

Well, to correct your take, Trump is not the first presidential candidate to accept Bitcoin payment via lightning network since Robert F. Kennedy was the first to do this but others have started accepting payment in Bitcoin and the person to bring this pattern in was Kentucky Senator, Rand Paul in 2016. Back then, to accept payment in crypto was regarded as "wading into strange waters"
Most of these politicians are not really against Bitcoin but will not be bold to stand up for it when it matters, to them anything that will sway the public into lobbying for them should be used to their advantage and it will be wise to not trust the words of politicians.

MusaMohamed

sr. member

Activity: 966

Merit: 306

It is the first time ever a President nominee in the USA accepts Bitcoin donation for his campaign by Bitcoin Lightning Network.

Trump Becomes First President To Accept Bitcoin Lightning Payments For Campaign Donations.

The team of Trump's campaign accept it by partnering with Opennode. I don't judge anything about Trump and his team but I see he is actually a creative man and proved it through his life and business career as well as political career recent years. He doesn't refuse to accept anything, even it is very new, if it can potentially helps him to get benefit.

https://txstats.com/d/000000012/lightning-network?orgId=1&from=now-7y&to=now
Number of opened channels drop but Sum of channel value recovers and increases since September 2023.

Topic: Trump accepts Lightning Network for donation of his campaign in Bitcoin (Read 789 times)