Is this a serious topic or a satire? I cannot tell.
In case it's serious - No, Trump will not have unlimited power to force all the agencies to peddle some shitcoin. And even in some political fantasy scenario, banning Bitcoin would have the exact opposite effect on pumping whatever coin that is.
In other words, to successfully pump his own token, he would have to create a crypto-friendly environment first.
But if we're fantasising about (any) president having a complete control and bad intentions - he could just outright take everyone's money.
Topic: Trump will compete directly with Bitcoin - page 9. (Read 2046 times)
It would appear that there is now about a 50/50 chance right now that the next President of the United States will be promoting a product that will compete directly with Bitcoin.
Yup, is 50/50 chance deserved to be discussed. It's like you will have one or another at similar probability.About past activities of Trump in cryptocurrency engagement, it's not new and we don't need to wait till his latest interview to know what he did with things in cryptocurrency industry. Maybe some people knew about it and most of them are people who have been in this space a long time, at least last several years in last market cycle; but some people did not know about it before the interview. They are more probably new cryptocurrency participants who have been joining since 2023 when the bear market came to ending and started its warm up for 2024 and 2025 bull run.
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Trump's history of self-dealing is well documented
It's documented and not new, except newbies in this market.I don't see impacts of Trump approach and regulation in his next presidency, if he gets elected, is terrible for Bitcoin. With my vision as Bitcoin and altcoins will co-exist and grow together, I see no bad thing from Trump's next regulations, if he will be in the White House again.
It would appear that there is now about a 50/50 chance right now that the next President of the United States will be promoting a product that will compete directly with Bitcoin. Trump's history of self-dealing is well documented, and his second presidency promises to be completely unconstrained by US law since voters would be consciously choosing a convicted criminal who has evaded prison only because of his voters.
This has huge, huge implications for the future of Bitcoin.
As president, Trump will have complete control of the US government in a way that no other US president has (which is exactly what his voters want). Even without Congress, Trump could direct agencies like the DOJ, SEC, and others to effectively make Bitcoin illegal in the USA in order to pump up his own coin, which of course won't have the "problems" that Bitcoin and other cryptos will have be said to have.
Trump could make himself the world's first trillionaire by doing this, and the anybody who knows Trump knows that the only thing he has ever cared about is making more money for himself.
Could Trump "kill" Bitcoin? No. Could he cause the price of Bitcoin to retreat by 90%? He could do it in a single late-night tweet.
If Trump wins, folks, you might want to... diversify your investment holdings. Just saying...
https://x.com/WalkerAmerica/status/1835865372408361210
This has huge, huge implications for the future of Bitcoin.
As president, Trump will have complete control of the US government in a way that no other US president has (which is exactly what his voters want). Even without Congress, Trump could direct agencies like the DOJ, SEC, and others to effectively make Bitcoin illegal in the USA in order to pump up his own coin, which of course won't have the "problems" that Bitcoin and other cryptos will have be said to have.
Trump could make himself the world's first trillionaire by doing this, and the anybody who knows Trump knows that the only thing he has ever cared about is making more money for himself.
Could Trump "kill" Bitcoin? No. Could he cause the price of Bitcoin to retreat by 90%? He could do it in a single late-night tweet.
If Trump wins, folks, you might want to... diversify your investment holdings. Just saying...
https://x.com/WalkerAmerica/status/1835865372408361210
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