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Topic: Trump vs. Biden is almost like Bitcoin vs Fiat - page 6. (Read 984 times)

legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
They are politicians and can change their political approaches when they see a change will help them to gain benefit for their political career.

Trump and Biden are the same, their mindset on Bitcoin and cryptocurrency can change with time.

Trump changed so did Biden.

Trump changed a lot recent months than what he thought in 2019. <...>

You are right that we should not rely too much on these opinions, which are for political convenience and may change in the future if they believe that what suits them is something else. Anyway regarding bitcoin Trump would not be the first one who did not like bitcoin and happens to like it, plus I think he has seen a niche of votes from people concerned about privacy, which would be more generally Republican people, who do not trust so much the state and its CBDCs.
legendary
Activity: 2576
Merit: 1860
Not necessarily. Words are cheap, especially during election season. 

As far as the veto is concerned, I think any private institution that wants to custody Bitcoin should go through the eye of a needle for approval. Banks and other financial custodians have been amiss in their responsibilities. People should rather take effort to learn how to self-custody than let incompetent third-parties keep their money for them.

Anyway, as has been my observation, Trump commits before he thinks through it. He says one thing today, takes it back the following day. It's no biggie for him. In which case, his words don't mean much.
sr. member
Activity: 602
Merit: 387
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With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
They are politicians and can change their political approaches when they see a change will help them to gain benefit for their political career.

Trump and Biden are the same, their mindset on Bitcoin and cryptocurrency can change with time.

Trump changed so did Biden.

Trump changed a lot recent months than what he thought in 2019.
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....

“I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry,” he claimed before taking aim at the current president, Joe Biden, whom he is up against in the 2024 presidential race. The U.S. election day is scheduled for Nov. 5.

About Biden, we all knew that how he was forced to change because of recent support of Trump for Bitcoin and cryptocurrency market.
full member
Activity: 1484
Merit: 136
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Well, it's given to Biden to be anti-crypto currency, but still, even though Trump is into crypto currency, it's hard not to be suspicious of Trump's intentions. Of course, it will be beneficial for us holders if he can make his promises, but what if it is just for the votes? Or just to make people know him and most likely vote for him? I mean, crypto currency has quite a population, and for sure, if Trump can get the trust of many crypto holders, then it will be a huge advantage to him in terms of votes. Anyway if trump can really make its promises about crypto currency then it would be beneficial to us, its a win win situation, we can make him win and at the same time we could have an assurance that we have a strong person or politician that could back us up and protect as crypto currency holders.
hero member
Activity: 2240
Merit: 848
More like normal person vs corrupt lying traitorous convinced felon
sr. member
Activity: 644
Merit: 262
All of these socio-political battle between Trump and Bidin will eventually can me to an end immediately the US election is done with. All the rising tensions are just geared to the election and nothing more. Which makes the fiat vs bitcoin comparison to Biden vs Trump not really in place. Pardon me to say that Trump is sort of clamouring for cryptocurrency because he see that as a strong to gather support from all crypto enthusiasts in his ambition, am sure if he was to be in Biden's shoe he would have done same and Biden would have also done the reverse.
hero member
Activity: 1386
Merit: 599
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?
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