Who Among These Men Really Hate Bitcoin? - page 4.

dzungmobile

sr. member

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I stand with Ukraine!

Quote from: legiteum on July 16, 2024, 09:47:46 AM

Bitcoin went up 500% under president Biden.

You are talking about nearly four years that last through 2 market cycles, not only one market cycle. So the high ROI like 500% is explainable but it is not because of Biden.

If you want to compare like this, let's check ROI of Bitcoin farther in the past like another previous 4-year, under Trump.
https://casebitcoin.com/
https://coinmarketcap.com/currencies/bitcoin/
The price of Bitcoin since December 2016 to December 2020 is from $900 to more than $20,000, so what is the ROI here?
Is it better than ROI under Biden?

I don't support anyone, Biden or Trump, just share the figure to debunk the non-sense saying from you.

Faisal2202

hero member

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Payment Gateway Allows Recurring Payments

The situation is evolving with time and development. Trump is known for adapting his stance when he deems it appropriate. Previously, he opposed Bitcoin before the approval of ETFs and regulatory involvement, but his position has since changed. As I mentioned earlier on many threads that, President Biden has already facilitated the path for Bitcoin by not standing in the way of the approval process for Bitcoin ETFs, recognizing that his involvement could potentially complicate matters. Although Biden has not fully endorsed Bitcoin, there has been a noticeable easing.

Trump, on the other hand, is strategically getting support from various voter groups. He is a clever individual who understands how to attract attention. As crypto enthusiasts, we immerse ourselves in the world of cryptocurrency. To understand how he is appealing to other sectors, one should look for his statements in those fields, which often differ from his previous statements. Ultimately, this is all part of political methods. The crucial question remains whether he will fulfill his promises.

ContentWriter

member

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I report crypto news and write gambling articles

Quote from: Majestic-milf on July 16, 2024, 09:32:03 AM

For Biden, he has been vocal about his stance on Bitcoin and that hasn't shifted but for Trump's case, we see that he's now pro Bitcoin in recent times because not only is it lucrative but it can also swing so many supporters his way as he bids for another shot at being president of the US. If you ask me, I'd say Biden really hates Bitcoin and won't be seen associating or buying it, whereas Trump can be said to be a business man who looks to thr currency that is holdinguch sway in the market. It's safe to call him an opportunist as well.
You can see in his speech that he promised to make sure Bitcoin and other cryptocurrencies are given free rein when he becomes president, promised to free Ross Ulbricht and also free Julian Assange.
As a crypto enthusiast, if you hear all these words, won't you be moved to cast your vote for him? But the question there will be; can he pull through with these words or will they just be that? Words.
.

Trump may have shifted his stance and made some concrete statements in support of Bitcoin. That doesn't make things easy for him. It's a tough job being the president of the United States and still supporting Bitcoin because BTC's dominance in the financial sector could whittle down the influence of the USD. What's exciting about Trump is his shifting stance towards crypto. What's uncertain about him is that he may yet shift again after being elected and faced with the choice of supporting either the USD against BTC or letting BTC thrive at the expense of the USD. With countries like China, India, Russia, South Africa, and Iran seeking an opportunity to drop the USD as a reserve currency, it's the wrong time for a US president to fully back BTC.

TheUltraElite

legendary

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So anyway, I applied as a merit source :)

These tweets are to prevent someone from getting scammed by impersonator accounts. Some time back there was a hack that allowed scammers to take over accounts of big names and use them to ask for crypto and a lot many people lost money like that before it was patched.

What some president thinks about should not be our worry, because bitcoin is decentralized. There is election campaigns going on in US and a lot of things will get talked about that we will like or not like.

There is no reading between the lines here, because in reality you have to buy bitcoin yourself, they will not make it easier for you.

However if US stance over crypto becomes lax, we can expect other countries to follow, which might have a impact.

Solosanz

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Quote from: ContentWriter on July 16, 2024, 08:59:55 AM

Who is the right guy to vote if it all depends on their stance on Bitcoin. Can we carefully read in-between the lines?

None, if you want to vote for Bitcoin, it's better to vote this guy. AFAIK he haven't talk anything bad about Bitcoin, although politician is always a politician, you can't really trust anything come from their mouths. If I could say, Trump will 100% win the election since he's always stand out than the other candidates.

Rruchi man

legendary

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Use chips.gg

If they were actually the ones who made the tweets,

Biden used the definite statement that he will "never," while Trump just said he is not a fan. Someone who is not a fan can later change their opinions and views on something when they get to understand that thing and then like it.

With "never," you have likely closed any chance to even change your mind, so I'd say Biden has a stronger negative view about bitcoin than Trump has.

legiteum

member

Activity: 182

Merit: 47

Bitcoin went up 500% under president Biden.

Trump promises massive changes to the US economy:

1. He will deport 5% of the US workforce, leading to massive labor shortages and shortfalls for things like Social Security that depends on younger workers.

2. He will make abortion illegal nationwide, which will require the largest new law enforcement effort in the US since the Prohibition (which begat the FBI, let us not forget). Such a crackdown is going to necessarily need to come after things like Bitcoin since it can be used to pay for illegal abortions.

3. He will surely manipulate the market for his own purposes, making himself and family billions of dollars, but at the expense of ordinary investors. (Trump could effectively make Bitcoin illegal with a simple order, and force Americans to replace Bitcoin with TrumpCoin, since the price into the toilet).

The safest vote, if you value your Bitcoin, is to stick with the president who saw the price appreciate by 500%.

Majestic-milf

hero member

Activity: 966

Merit: 620

For Biden, he has been vocal about his stance on Bitcoin and that hasn't shifted but for Trump's case, we see that he's now pro Bitcoin in recent times because not only is it lucrative but it can also swing so many supporters his way as he bids for another shot at being president of the US. If you ask me, I'd say Biden really hates Bitcoin and won't be seen associating or buying it, whereas Trump can be said to be a business man who looks to thr currency that is holdinguch sway in the market. It's safe to call him an opportunist as well.
You can see in his speech that he promised to make sure Bitcoin and other cryptocurrencies are given free rein when he becomes president, promised to free Ross Ulbricht and also free Julian Assange.
As a crypto enthusiast, if you hear all these words, won't you be moved to cast your vote for him? But the question there will be; can he pull through with these words or will they just be that? Words.
.

Hazink

full member

Activity: 189

Merit: 120

They are both indirectly not in support of bitcoin. Even if Trump is speaking positively about bitcoin now, that does not mean that he has good intentions for the technology; it's all about standing with something that can help his political agenda. That's all I see here.

So if you are casting your vote, it should be based on what you think the person can be able to do to help the country achieve more height and the citizen be more comfortable, not what they promised to do for bitcoin, which I doubt they will even keep their word once they achieve that political office.

Governments hate privacy and anonymity, so anyone standing and representing a government office, especially that of the US, can hardly stand fully with Bitcoin.

ContentWriter

member

Activity: 70

Merit: 11

I report crypto news and write gambling articles

Who is the right guy to vote if it all depends on their stance on Bitcoin. Can we carefully read in-between the lines?

Topic: Who Among These Men Really Hate Bitcoin? - page 4. (Read 634 times)