Quote from: tread93 on Today at 02:00:19 AM

Quote from: bbc.reporter on February 25, 2024, 09:30:56 AM

It appears that after having Larry Fink as the new mayor of bitcoin we might have a president of America that will be supporting bitcoin if Trump gets the victory on November hehehe. This is certainly shocking and very unexpected. I did not know bitcoin and the cryptospace would bring him much votes because why is he doing this if this is not a trick for bitcoiners to vote him?

Former United States President Donald Trump and the leading Republican candidate for November’s election appears to be warming toward Bitcoin BTC +1.25% , having been critical of cryptocurrencies in the past.

In January, Trump said he'll “never allow” central bank digital currency issuance in the U.S. if elected. “Such a currency would give the federal government, our federal government, absolute control over your money… They could take your money and you wouldn’t even know it was gone,” he warned at the time.

In a recent town hall on Fox News, alongside South Carolina Senator Tim Scott, Trump was asked if the next logical step was for him to embrace Bitcoin, given that it’s decentralized, the government can't get its hands on it and all the young people who are particularly interested in it, host Laura Ingraham suggested.

“I always liked one currency. I call it a currency. I like the dollar, but a lot of people are doing it [Bitcoin] and frankly, it's taken on a life of its own,” Trump replied. “You probably have to do some regulation, as you know, but many people are embracing it. And more and more, I'm seeing people wanting to pay Bitcoin, and you're seeing something that's interesting, so I can live with it one way or the other.”

Read in full https://www.theblock.co/post/278786/donald-trump-bitcoin-embracing

Trump + Bitcoin = Keeping cryptocurrencies great lmao Trump’s stance is bullish af. I love it honestly, when you can’t beat ‘em join em! Trump just recognized the winning side in his scenario and that is obviously Bitcoin long term and outlasting every other fiat and vastly growing in value against them!

In 2019, when he was president, he expressed his dislike and lack of interest in bitcoin, many investors believe that he is an outdated old man who hinders the world's development and says many bad things about him. But in 2024, he changed his opinion on bitcoin and supported it, but they also said he was lying and untrustworthy…It shows that they are always hostile towards him no matter what he does, and they don't even give him the right to change his opinion, LOL. I don't know where they get the authority to ban someone from changing opinion about bitcoin.

After all, the words of politicians cannot be trusted until they deliver on their promises. But at least we are seeing a presidential candidate openly support cryptocurrency and this is unprecedented in US election history. So that's worth noting for bitcoin investors like us.