Topic: Trump suggests paying off the US national debt with Bitcoin - page 3. (Read 405 times)
If he gets hold of everyone's bit coin, the question is, who's going to buy such huge volume, how does he intend to make such possibly come true because it will take more than the time of his tenure to gather the actual Total numbers of Bitcoin own by people with which he intend to pay the debt and ofcourse these persons wouldn't let go of their assets for free so it's literally just a political strategy to getting bitcoiners to consider throwing their force behind because this projection doesn't look solid and futuristic at all at any point.
I don't see anything with what Trump said in that interview to mean some sort of taking over of bitcoin and selling off to pay off the US 31 trillion dollars debts, he just said maybe, and what I think he may be aiming at is to pay off debt via the gains of their national bitcoin holdings because I am sure that Donald Trump is going to be putting alot of tax payers money into bitcoin when and if he becomes the president, and he aimed at making good profits from those bitcoin holding that have the capacity to pay off their national debts.
This is not the first time a presidental aspirants will make such comments regarding national debt and bitcoin holding because even when Nyib Bukele the El Salvador president was campaigning for the office of El Salvador president, he did made same similar statement and he was actively involved to see that happening and El Salvador next step is targeted to pay off debt when the sell their bitcoin investment, so this is just a political promises and forecasts.
This is not the first time a presidental aspirants will make such comments regarding national debt and bitcoin holding because even when Nyib Bukele the El Salvador president was campaigning for the office of El Salvador president, he did made same similar statement and he was actively involved to see that happening and El Salvador next step is targeted to pay off debt when the sell their bitcoin investment, so this is just a political promises and forecasts.
https://x.com/BitcoinMagazine/status/1819420545219227767
Trump says the US will pay off it's $35 trillion dollar national debt with... Bitcoin.
Obviously taking everybody's Bitcoin away from them and selling it, after taking control of the network, would only yield the US a tiny fraction of the $35 trillion, but Trump is clearly signaling his mindset here: he sees Bitcoin as something that is his to dispose of any way he pleases.
Meanwhile, Bitcoin went up 500% under president Biden. Maybe it's better to keep this insane incoherent old man out of the White House before he does something terrible?
If you want four more years like the last four years, the choice is clear: Kamala Harris.
Trump says the US will pay off it's $35 trillion dollar national debt with... Bitcoin.
Obviously taking everybody's Bitcoin away from them and selling it, after taking control of the network, would only yield the US a tiny fraction of the $35 trillion, but Trump is clearly signaling his mindset here: he sees Bitcoin as something that is his to dispose of any way he pleases.
Meanwhile, Bitcoin went up 500% under president Biden. Maybe it's better to keep this insane incoherent old man out of the White House before he does something terrible?
If you want four more years like the last four years, the choice is clear: Kamala Harris.
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