Post
Topic
Board Bitcoin Discussion
Re: Trump picks the first ever bitcoiner on a presidential ticket who holds bitcoin!
by
Abiky
on 18/07/2024, 21:50:32 UTC
Trump’s VP pick is the first ever ‘bitcoiner’ on a presidential ticket
"JD Vance owns a substantial amount of bitcoin and has pushed crypto-friendly legislation"
source: https://www.independent.co.uk/tech/trump-bitcoin-vance-pro-crypto-b2580495.html
                           source: https://www.foxbusiness.com/politics/donald-trump-j-d-vance-create-pro-crypto-presidential-ticket

Forbes did put out their article when Trump really didn't understand it's real case uses in the new emerging climate of America has been over the last four years under Biden:
https://www.forbes.com/sites/dereksaul/2024/07/16/are-trump-and-vance-good-for-bitcoin-heres-why-the-market-thinks-so-even-though-trumps-called-it-a-scam

I do think Trump will stick to what he will say about cryptocurrency at he upcoming Bitcoin Conference 2024 happening in Nashville on the 25th to the 27th of this month since he did this while in office before the current administration who have been hammering down on it with constant heavy-handed regulation time after time after time:
https://www.foxbusiness.com/politics/trump-became-countrys-first-crypto-president-during-first-year-in-office-former-cftc-regulator-says

I guess Trump is really serious about crypto. He's going all in. With J.D. Vance on board, what could go wrong? I have a feeling 2025 will be very bullish for Bitcoin. There's a high chance Trump will win the White House again. Especially when most people are angry about rising inflation (economy), immigration, and unnecessary wars.

Elon Musk, a staunch crypto supporter (particularly a Dogecoin lover) will be donating millions of dollars to Trump's political campaign. A pro-crypto administration is what America needs to avoid being left behind in the dust. Especially with countries like Hong Kong, the UAE, and El Salvador embracing the revolution. America cannot miss this opportunity. Adopting the latest technologies is the best way to keep America at the forefront of innovation.

Unfortunately, the current administration's strong crypto regulations has done more harm than good to the industry. Trump and his team are willing to take a flexible approach to help spur the grow of the industry in America. Who knows if crypto companies that once left the US (eg: Bittrex, Binance) will make a comeback? I surely hope for the best. Smiley