Ouch, it's unfortunate when highly powerful people make decisions like this. Biden's administration isn't friendly to cryptos, I admit it. But I think Trump is just playing a temporary game of pretending to be pro-Bitcoin so that he can get some votes out of it,
I share the same opinion as you, I don’t believe that trump and politicians are worth to trust at all, they are ready to do anything for a vote, changing their positions, opinions, sides for their own benefits. Moreover, crypto and Bitcoin are trending lately and the community would support any candidate that is willing to do good for the market and stop all the attacks from the SEC.
Personally, I think the twins will regret this move sooner if Trump becomes the next US president. I strongly believe the negative impact and actions from the US government will always stay the same or get worse. Never trust politicians, respectfully for those who support any side, I would say this is an opinion of mine and it can be wrong.
Biden is also a politician, is he more trustworthy than Trump? If we talk about politicians, no one is trustworthy and what they do is only for their power and benefits. But Americans and the crypto community do not have a third choice, and we only have the right to support one of the two, and each has their own reasons for which one to support. You and I as well as the Winklevoss brothers are all bitcoin investors but each of us has our own goals so just because we vote for different people doesn't mean they are stupid and we are smart. It's simply a choice based on personal interests.
Trump maybe currently receive more donations than Biden.
According to the report, in May, Mr. Trump's campaign raised $141 million, while Mr. Biden's camp only raised $85 million, but overall there is not a big difference between the two.
https://www.cbsnews.com/news/trump-campaign-says-it-raised-141-million-in-may-compared-to-85-million-for-biden/