Bitcoin surged to a two-week high on Monday after the attempted assassination of U.S. presidential candidate Donald Trump raised the odds of the former president, who has presented himself as a champion of cryptocurrency, winning the upcoming election.
https://www.reuters.com/technology/bitcoin-soars-two-week-high-after-trump-attack-2024-07-15/when he was president the first time. the IRS started making all those rules about how you had to pay taxes even if you didn't convert it to fiat. so his history is that he hasn't done anything to help people using crypto, bitcoin in particular. he's just sat by and let the IRS make all these rules. rules that hurt people using bitcoin.
i think he had his chance once and he dropped the ball. i don't know why he deserves a second chance.
After that incident it was like Trup got a miracle for his electability to increase very quickly in a few days, everyone was talking about it and making a lot of speculation so that his name kept getting mentioned and being noticed, maybe because he had said he supported the bitcoin industry, this attracted investors to buy bitcoin because of the possibility that regulations would be changed in America.
I think Trump was previously very skeptical about Bitcoin and that's what made him not care about anything the IRS did during his tenure, now like Lary Fink before him who said that bitcoin was a scam, but after he learned about it he even launched a Bitcoin ETF, and I think Trump is also in that phase after realizing that Bitcoin is a strong enough base for the future with many enthusiasts in America who have been suppressed during Biden's tenure.