Quote from: legiteum on June 08, 2024, 02:14:08 AM

Quote from: BuyingBitcoin on June 07, 2024, 09:14:52 PM

Lol fair comparison. Biden just prints money and never once supported Bitcoin. Trump has supported Bitcoin and is Republican which is more capitalist than Democrats. Republicans are also against printing money.

Trump used to hate Bitcoin before three weeks ago.

And today Republicans are not "capitalist" anymore--you need to update yourself on US politics.

And Republicans are not against "printing money" by which I assume you mean running fiscal deficits. Trump ran the biggest deficits in the history of the USA and said that if he were elected we would have run bigger ones.

You seem to have a 1990s view of the Republican party. I like that one a lot better too. But that isn't what exists anymore. Today the Republican party is the crazy one, and Democrats are the rational and stable ones.

I don't think Trump really ever hated bitcoin, do you have a source of this? He only stated that bitcoin was a threat to the US dollar https://www.bbc.com/news/business-57392734, which it is, especially to the US government & their interests in holding the world reserve currency.

He started toying with the NFTs a few years back and was monumentally successful with his "Trump Cards" & I think that is one area that he began to change his mind.

Along the way he realized that Bitcoin was catching on, and you can argue all you want that Biden was great for bitcoin and crypto with policies and how he handled the whole SBF thing in 2022 & all that but I would argue to say that Bitcoin is doing so great, partly, because Biden is such an awful president. This definitely had to play a role in the publics decision making to embrace it, simply seeing the US being pushed to a fork in the road due to terrible leadership bringing forth much fear and uncertainty as well as creating a lack of faith in the US government's ability to do right by the people. I think this has only caused Bitcoin to be adopted much more frankly because Biden sucks. That is one theory, I bet you that i'm partially right here lmao.