Post
Topic
Board Bitcoin Discussion
Re: Donald Trump's stance on Bitcoin is changing, the Trump pump is beginning
by
legendbtc
on 30/05/2024, 15:53:23 UTC
We don't seem to have too many choices here, so I think it's better to choose Mr. Trump than support Biden when he is trying to oppose and prevent the development of the cryptocurrency industry.
It's hard to trust and believe all what is Trump is saying as I don't think I have ever heard him acknowledge bitcoin or crypto when he was in the position. So it seems that he is only mentioning crypto now because of the election. Even with the uncertainty, bitcoin enthusiasts' best option for now is Trump. Whether his intentions are clear or not, the fact that he is even considering bitcoin is a huge thing in itself already.

Yes, we have no evidence to confirm that what he said about cryptocurrencies and his interest in the market is true. But we should not dig up the past when as president, he was not interested in bitcoin because even among us, many people were skeptical about bitcoin when they first heard about it. It even took many people years to realize the greatness of bitcoin and begin their journey of investing in it. Like why didn't the SEC approve ETFs years ago and they had to wait until now? Like I said, we don't have many options and clearly Trump is the better choice for us.

Honestly, I don't know if Trump really cares about bitcoin and cryptocurrency or if he's just lying to achieve his goals. But I will also support Mr. Trump over Biden or any Democratic Party candidate because if the Democratic Party continues to dominate the White House, the Biden administration's draconian policies on cryptocurrency will not disappear anytime soon. We don't seem to have too many choices here, so I think it's better to choose Mr. Trump than support Biden when he is trying to oppose and prevent the development of the cryptocurrency industry.

Like you, I partly believe that Trump will make cryptocurrency grow stronger and more popular, because he is a businessman and he will not give up any opportunity if it can bring US economic interests.

I reckon these are the occurrences where I will certainly begin to trust that the Trump administration is being serious on their procrypto agenda.

1. They will stop their cases against Uniswap and Coinbase.
2. The SEC will create clear guidelines in what is an illegal security and what is a commodity.
3. They create new KYC rules because their old rules have been difficult for the people in the cryptospace.
4. They stop treating the Tornado Cash founders and other developers of privacy software very much like criminals.

Is this what the Trump administration has promised us in recent statements?


Like you, I partly believe that Trump will make cryptocurrency grow stronger and more popular, because he is a businessman and he will not give up any opportunity if it can bring US economic interests.


First of all, Trump is an extremely poor businessman who inherited his wealth and lost the majority of it because of his foolishness.

Secondly, Trump is a criminal, not a "businessman", and criminals don't make "business decisions", the way real, honest businesses do.



Are you a billionaire or are you a good politician? What achievements do you have that are superior to him and on what basis do you think you are better than him and have the right to speak ill of him? You should stop speaking ill of others and stop being jealous of others so that we can discuss more fairly.