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Topic: Trump picks the first ever bitcoiner on a presidential ticket who holds bitcoin! - page 5. (Read 3171 times)

member
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Trump has being able to get support of Elon Musk to back his plans for digital assets, he also has 18 % chance of talking about crypto at his next debate with Kamala Harris who stand at 10% per Polymarket prediction since she has been silent on crypto .

https://coingape.com/will-donald-trump-vs-kamala-harris-us-election-debate-involve-crypto/
legendary
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The debate between the two political parties will be happening today between Trump and Harris.
So those who are interested in what each candidate has to say might want to tune in.
This time around I doubt they will be discussing anything to do with cryptocurrency as this is more of a feeler in the eyes of each party.

But the headlines for those interested of what will happen to bitcoin if one or the other wins is quite interesting:

source: https://www.benzinga.com/markets/cryptocurrency/24/09/40778409/donald-trump-winning-the-election-could-propel-bitcoin-to-90k-but-a-kamala-harris-win-coul

Same was stated by a well known bitcoin related website:
https://www.coindesk.com/markets/2024/09/09/bitcoin-could-hit-90k-by-year-end-if-trump-becomes-president-again-bernstein


source: https://beincrypto.com/us-economic-events-crypto-implication-this-week
legendary
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Who cares if it is one or the other as long as the presidential party can recognize bitcoin and what it is, for the future of America and eventually around the globe.

History has shown us crypto's success without the approval of one nation. That's the beauty of decentralization. If America votes for a pro-crypto President, you can rest assured market prices will go up to the moon at a fast pace. Mainstream adoption will benefit too. Otherwise, it will take much longer before crypto (particularly Bitcoin) can reach new gains.

I'm certain that one way or another, the United States of America will embrace the revolution. It wouldn't want to get left behind in the dust. Would it? Especially when China is taking advantage of crypto/Blockchain tech. It's all a matter of adopting the latest technologies to stay ahead of the game. Softer regulations will help usher an era of growth for the crypto industry. Let's hope for a brighter future of America as the world's leading crypto hub. I'd advise americans to vote wisely this next November. Smiley
legendary
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Once again this is not a political debate on my thread.
Let me keep this clear for all to see!

This is about the vice president that Trump picked who happens to be a bitcoiner - one who holds and advocates it's use in a future financial system and will probably mold it into some laws if put into office aside the leader of the republican party.

Who cares if it is one or the other as long as the presidential party can recognize bitcoin and what it is, for the future of America and eventually around the globe.
legendary
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What you stated is highly debatable and cannot be taken as a matter of fact even though claim it but for a moment even if were to believe Trump was the best bet for the future of Bitcoin in the U.S. going forward, would it be appropriate for voters to cast their vote based on one aspect alone? For example, whether Trump or Harris in future made pro-crypto noises, does it matter if they are removing funding from a sector most people care about including low earners and those that need free medical or social care? Or of they are overspending on sectors they care little for?

Crypto will survive long after Trump and Harris are replaced by others.

Only a far left radical liberal with TDS could not see and understand that #Trump2024 is the best bet for the future of Bitcoin in the U.S. going forward. FACT.

/thread


member
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Only a far left radical liberal with TDS could not see and understand that #Trump2024 is the best bet for the future of Bitcoin in the U.S. going forward. FACT.

/thread

legendary
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The same here, I do not like either candidate but I also do not believe the one (or ones) being credited for being crypto friendly or for apparently making positive noises about issues that might resonate with voters. I think that was when the chameleon comment was made earlier with good reason.

It really is up to the financial sector lobbying groups that support candidates whether they will push for a crypto friendly environment or not, therefore if they do get their candidate in to office they will probably be the ones making that decision.

Don't like either candidate but the one who can help cryptocurrency, more so bitcoin the most, will get my attention.
legendary
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Wow, I had read about the new VP but did not know this aspect. It seems then that Trump's pro-Bitcoin turn is in earnest. In general I don't trust politicians, and if it's on the campaign trail even less but Trump would be neither the first nor will he be the last to change his stance on Bitcoin (remember Saylor, for example). He also received $2 from the Winklevoss twins. But if the VP has personally Bitcoin it seems clear that if he wins with his policies he is going to be favorable to Bitcoin and all that surrounds it. There are also several big name Republicans involved in Bitcoin and the Mining Industry, like Ted Cruz for example.
I don't like politicians either but I really don't see why Trump should be lying about being favorable to bitcoin and its adoption: he's a businessman, whoever has a brain understands why bitcoin should be joined rather than be fought, especially because being completely decentralized it's a war a country can win. If Trump wins we could see some very interesting developments.
Don't like either candidate but the one who can help cryptocurrency, more so bitcoin the most, will get my attention.

Several hours ago Trump announced plans on how he will make the U.S the cryptocurrency capital of the world on X:


source: https://www.cnbc.com/2024/08/29/trump-crypto-plan-coming-election-harris.html
Here is the x post underlined first from the article above which shows the company World Liberty Fi right at the end:
https://x.com/realdonaldtrump/status/1829141447087648

This one discusses more in-depth what World Liberty Fi is that was created by his sons Eric and Don Jr.
https://www.forbes.com/sites/digital-assets/2024/08/26/it-ends-now-donald-trump-reveals-surprise-assault-on-crooked-wall-street
legendary
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Wow, I had read about the new VP but did not know this aspect. It seems then that Trump's pro-Bitcoin turn is in earnest. In general I don't trust politicians, and if it's on the campaign trail even less but Trump would be neither the first nor will he be the last to change his stance on Bitcoin (remember Saylor, for example). He also received $2 from the Winklevoss twins. But if the VP has personally Bitcoin it seems clear that if he wins with his policies he is going to be favorable to Bitcoin and all that surrounds it. There are also several big name Republicans involved in Bitcoin and the Mining Industry, like Ted Cruz for example.
I don't like politicians either but I really don't see why Trump should be lying about being favorable to bitcoin and its adoption: he's a businessman, whoever has a brain understands why bitcoin should be joined rather than be fought, especially because being completely decentralized it's a war a country can win. If Trump wins we could see some very interesting developments.
legendary
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Politicians are like chameleons that change colours to suit their interests. Donald Trump is a well-known liar, who has been indicted for engaging in criminal activities. He can easily change his stance after he gains political power. 
Even though many enter politics with a desire to to do good and contribute positively for the people they represent, the sad fact remains that many get drawn in to the world of power addiction as well as corruption whether it is about their ego or the money that goes in to their pocket via lobbying companies. Not all politicians are the same of-course but we have seen politicians say one thing one day and another thing another day.

Trump would give many reasons why his campaign promises cannot be implemented after he becomes POTUS. Bitcoin is immune to politics ( the market will readjust after any political event or policy), so I don't care about what Kamala Harris or Trump says about the crypto industry. But I trust Harris more than Trump, that's my personal opinion.    
I understand your reasons for trusting Harris over Trump but I do not trust either of them.
legendary
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Even if Trump wins i dont think it is surely a good thing for crypto,


Yes, there is no guarantee that Trump will be elected and will bring anything good to crypto. But is the current administration good for crypto? And what guarantees that if Harris is elected, crypto will be better off than under Biden?

Most people will support Trump, simply because they no longer have faith in the current government (Democrats) and they want to bet on something new. While betting on Trump is not a guarantee, it is still worth betting on because compared to the current administration, we can see that they are not crypto-friendly.
hero member
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I’m not really more of a political person but I think trump picked the right approach to this political career this time and anyone who have him that very advise did him so much good.
I think this very election is at some point, showing how much influence cryptocurrency is gaining and with this step of trump choosing a running mate who already has some reasonable amount of holdings is a clear indication that he might keep to his words and he should also know that, he got the mass support of crypto community and this is because they all want to see him keep to his words.

I don’t actually trust the words of a politician especially during campaigns but I hope his case is different and we are keeping a close eye on him.


:. I don’t usually engage in the USA election issues but this hit my attention.
legendary
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Trump would have difficulty passing pro-crypto laws through Congress. I think Democrats have a majority in at least one part of it.
This composition with Dems having majority seat in Congress now can still change. If we go by how abysmally the Biden administration has scored in public domain I believe more voters are likely not going to vote for them in the next election. I expect Dems to lose more seats.
Two have turned coat and offer their support for Trump including RFK who dropped out of the presidential race earlier in the week and this ex-democrat Tulsi Gabbard right afterwards:

source: https://www.theguardian.com/us-news/article/2024/aug/26/tulsi-gabbard-endorses-donald-trump

Still, cryptocurrency and how it will be handled will be more infocus this time around since four years ago there weren't any influence from corporations and governments moving bitcoin around from it's wallets in a while.
Also the big deciding factor that the candidates have to talk about it are the bitcoin spot ETF inflowing billions since their inception on the financial landscape early in the year.

https://www.reuters.com/technology/blackrocks-etf-becomes-largest-bitcoin-fund-world-bloomberg-news-reports-2024-05-29

https://www.bloomberg.com/news/articles/2024-05-29/blackrock-s-ibit-now-world-s-largest-bitcoin-btc-etf-as-gbtc-shrinks
legendary
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Trump would have difficulty passing pro-crypto laws through Congress. I think Democrats have a majority in at least one part of it.
This composition with Dems having majority seat in Congress now can still change. If we go by how abysmally the Biden administration has scored in public domain I believe more voters are likely not going to vote for them in the next election. I expect Dems to lose more seats.
full member
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The first thing that came to my mind is that even if Trump has some how picked a supposed crypto-friendly as his running mate, it does not mean he will hold sway over any of the economical and banking financial decision making. Furthermore, in my opinion whether the eventual winner is Trump or Harris, they will have very little input regarding crypto legislation because big business lobby groups would be doing that.

Yep for sure, and these elections are run by fiat money donators and lobbyists. crypto has close to  zero influence and will continue to do so for some time
legendary
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The first thing that came to my mind is that even if Trump has some how picked a supposed crypto-friendly as his running mate, it does not mean he will hold sway over any of the economical and banking financial decision making. Furthermore, in my opinion whether the eventual winner is Trump or Harris, they will have very little input regarding crypto legislation because big business lobby groups would be doing that.
Politicians are like chameleons that change colours to suit their interests. Donald Trump is a well-known liar, who has been indicted for engaging in criminal activities. He can easily change his stance after he gains political power. Trump would give many reasons why his campaign promises cannot be implemented after he becomes POTUS. Bitcoin is immune to politics ( the market will readjust after any political event or policy), so I don't care about what Kamala Harris or Trump says about the crypto industry. But I trust Harris more than Trump, that's my personal opinion.    
Of course they are. Who else would think otherwise, unless you are a complete incel like that rat legiteum who keeps going to threads he does not like just to be a complete annoyance to others who don't care about politics.
So to each their own as I can careless and do not ever suffer fools! Cheesy

So on to todays bitcoin news on this presidential election! Grin

https://x.com/CollectTrump/status/1828445992066109950
Notice the BTC on the shield? Wink

Let them play their games so we can just sit back and enjoy the show! Allow the karens who are screaming just like Drunk kamala will do come September 10th when they will have their debate.
legendary
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The first thing that came to my mind is that even if Trump has some how picked a supposed crypto-friendly as his running mate, it does not mean he will hold sway over any of the economical and banking financial decision making. Furthermore, in my opinion whether the eventual winner is Trump or Harris, they will have very little input regarding crypto legislation because big business lobby groups would be doing that.

Politicians are like chameleons that change colours to suit their interests. Donald Trump is a well-known liar, who has been indicted for engaging in criminal activities. He can easily change his stance after he gains political power. Trump would give many reasons why his campaign promises cannot be implemented after he becomes POTUS. Bitcoin is immune to politics ( the market will readjust after any political event or policy), so I don't care about what Kamala Harris or Trump says about the crypto industry. But I trust Harris more than Trump, that's my personal opinion.    
legendary
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The first thing that came to my mind is that even if Trump has some how picked a supposed crypto-friendly as his running mate, it does not mean he will hold sway over any of the economical and banking financial decision making. Furthermore, in my opinion whether the eventual winner is Trump or Harris, they will have very little input regarding crypto legislation because big business lobby groups would be doing that.
legendary
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Ross got life? While Sam Bankman Fried got only 300 months? His massive donations to the current party must of helped his case. Two complete opposite sides of the coin with how these political parties view cryptocurrency in their points of view!
That may have played a role but also US judiciary system usually makes an example of certain people, specially the first cases to send a signal to others who might want to go on the same path. So Ross had to get life so that no one else dares create a decentralized anonymous marketplace.
Exactly why they went so hard on Aaron Swartz and traumatized him so much that led to his suicide.

In contrast, SBF is just a scammer so he is not the first person or first case.
full member
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Even if Trump wins i dont think it is surely a good thing for crypto,

All these politicians IMO are backed by billionaires aka Fiat money people who usually hate/are against crypto to maintain their status quo

There have been some trump NFT's going around solely to finance him/his campaign
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