But I am very sure that actually, Donald Trump knows very well the great benefits that can be obtained from Bitcoin.
I wouldn't count on a tv reality star with 4 bankruptcies to be aware of much of anything but how to speed dial his lawyer.
Topic: Why president Donald trump is not a fan of bitcoin? - page 4. (Read 1106 times)
I wouldn't count on a tv reality star with 4 bankruptcies to be aware of much of anything but how to speed dial his lawyer.
America is the benchmark for world finance so it's impossible for President Donald Trump to support Bitcoin, moreover.. the US is dominated by the most influential families in the world, all of which run the Bank system. But I am very sure that actually, Donald Trump knows very well the great benefits that can be obtained from Bitcoin.
Donald Trump tweeted that “ He is not a fan of Bitcoin and other Cryptocurrencies, which are not money, & whose value is highly volatile and based on thin air”
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
prateek hhhhhhhh people here try to explain why taxi hate uber hhhhhhhhhhhh
Libra is in the center of all these and has brought the president to put control in some areas. Its a level of caution for some excesses the coin might bring. There are some argument that libra may not have all the expected properties to describe it a cryptocurrency but want to ascribe itself as one. I just hope it get sorted out early if the coin will ever come out next year.
Isn't USD printed as well out of thin air?
My thought exactly.
Because he is a "Nobody"! Whatever he thinks wouldn't change a thing about Bitcoins. It'll be bad for Americans if he introduced strict policies involving cryptos or prohibits its usage. That's when they know they need a new President.
Facebook is already in the momentum to launch Libra so that shows they don't give a shit about Trump either.
Facebook is already in the momentum to launch Libra so that shows they don't give a shit about Trump either.
There can be many reasons behind it. First of all, not everybody thinks in the same way. What is good for one might seem bad for the other.
Similarly, if we think crypto is good doesn't necessarily mean that everybody else would take it the same way.
Libra has definitely opened up a hailstorm for many of the politicians as it is a concern and kind of a threat to the other fiat currencies.
Similarly, if we think crypto is good doesn't necessarily mean that everybody else would take it the same way.
Libra has definitely opened up a hailstorm for many of the politicians as it is a concern and kind of a threat to the other fiat currencies.
i think the reason why is because he was bussines man on real estate and property or something like that ,
virtual thing like bitcoin might be new for him and bit scared , just my opinion like that
You had a good point on that, I think the same thing. Hmm, it smells like even this huge businessman/president also feel threatened by the power of bitcoin or cryptocurrency in general lol. The logic is already pretty obvious, there is really a high chance for him to feel that way because for sure that most of his assets are based on fiat — crypto's rival — and he don't want it's price to decline or at least loss its interest from the people as btc continuously becoming popular day after day. virtual thing like bitcoin might be new for him and bit scared , just my opinion like that
My insight for this news? I don't take his statement so seriously. I mean we already witness tons of people showing hate against btc and yet it remain standing. For me he is not different from the others, he is just another antagonist who can't do anything but to create FUDs because he knew that government can't do anything.
This tweets has been given an effect to the price movement of cryptocurrencies thus far. We have seen the price has been falling almost 10% on coinmarkercap, it is not good since bitcoin price has come out from the bearish market. Regulation or a commenting from US goverment moreover from their president will be past give an effect to the price movement. This statement just coming up when Libra coin has came, I never heard a negative news from US goverment against cryptocurrencies apart from SEC or whatever related to it. I hope Libra coin will never accepted by many government on this world, so as this problem will return to its original state.
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Isn't USD printed as well out of thin air? He thinks bitcoin as illegal way of payment. Isn't USD being used for buying drug, illegal payment?
He as well every govt as not a fan of cryptocurrency because if crypto get mainstream, their power of control will be reduced.
He as well every govt as not a fan of cryptocurrency because if crypto get mainstream, their power of control will be reduced.
i think the reason why is because he was bussines man on real estate and property or something like that ,
virtual thing like bitcoin might be new for him and bit scared , just my opinion like that
virtual thing like bitcoin might be new for him and bit scared , just my opinion like that
Is he mad with Suckerberg too?
I mean, you wont have that sudden kind of idea with bitcoin and cyrpto currencies without something getting the heat up.
There is fire now.
Thank you Mark for doing that. Now it is going to be bitcoin up and Libra still 1:1.
Well Donald Trump is not the world. He is United States where almost everything which connects with crypto currency is not allowed. So better just ignore it.
Plus, half of United States doesn't like him.
I mean, you wont have that sudden kind of idea with bitcoin and cyrpto currencies without something getting the heat up.
There is fire now.
Thank you Mark for doing that. Now it is going to be bitcoin up and Libra still 1:1.
Well Donald Trump is not the world. He is United States where almost everything which connects with crypto currency is not allowed. So better just ignore it.
Plus, half of United States doesn't like him.
Everyone FUDs before they buy. 
Because he is a president of "dollar" and businessman who needs a dollar.crypto is a threat for him.pathetic but fact.
true logic statement al last one here answer it right
Donald Trump tweeted that “ He is not a fan of Bitcoin and other Cryptocurrencies, which are not money, & whose value is highly volatile and based on thin air”
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
simple question prateek but the reality almost no body can give normal answer as some of them even ask why he tweet this hhhhhhhhhhhhhhhhhhhh
its like to ask why taxi hate uber hhhhhhh
its put out of the chain the governments, who behind usd ? politicians the same with euro and other out there,
and people here ask why trump not support bitcoin, its like to ask why taxis hate uber...
... the only way to control bitcoin is thru 51% attack, which is very difficult to achieve even for potus. May be more regulation to centralized exchanges?
I agree and I suspect the regulatory efforts will be initially directed towards exchanges. They will attack the fiat to btc bridges and essentially cutoff law abiding citizens from practical access. Or they will try to anyway.
Donald Trump tweeted that “ He is not a fan of Bitcoin and other Cryptocurrencies, which are not money, & whose value is highly volatile and based on thin air”
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
he is billionaire in paper money and you know that crypto is like uber for taxi, if it was not enemy to paper money he will say its great tech and other great things,
because in reality when new tech disrupt the space you cannot say it not great or bad, but here its great tech and its put out of the chain the govermnet
Donald Trump tweeted that “ He is not a fan of Bitcoin and other Cryptocurrencies, which are not money, & whose value is highly volatile and based on thin air”
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
As always he does not know what he is talking about.
It is hard to understand what will be the consequences of Libra for crypto laws, negative or positive.
Even more because Libra is not a cryptocurrency.
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Donald Trump tweeted that “ He is not a fan of Bitcoin and other Cryptocurrencies, which are not money, & whose value is highly volatile and based on thin air”
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
We don't know what is Trump reason because he doesn't tell the public what his mean. We only give statement or opinion related to his tweet. I think Trump doesn't think that bitcoin will stay for a long time and he says like that. But I am sure that there is a possibility for him to say like that and we don't have to think too serious with what he said.
I just came from another thread brushing libra and bitcoin with same brush. He said nothing against bitcoin or crypto for that matter. Social media and him not getting along is one of the main reason for that post and it shouldn't concern anyone at least for now. He as anyone else has the right to have a personal opinion on everything including libr. We'll have to wait for more brief report to figure out what he really thinks and whether anyone should be concerned with this.
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