Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Justbillywitt
on 23/07/2024, 22:49:12 UTC


 No that's not the point, the picture I want you to see here is that bitcoin is gradually earning it's rightful place in the society, years ago there was nothing like politicians saying anything good about bitcoin, but today the story has changed, to the point that someone as big as Donald Trump is now building his political campaigns around bitcoin, saying some actual truth about bitcoin. Even though we can't actually be sure that he won't keep his promises if he wins the presidential election.

You have a point here. I don't know about you, but this shouldn't get me excited or motivate me more to invest in Bitcoin. My reason for making Bitcoin investment is because I understand its true potentials and the future benefits that I will be getting. At least I won't regret taking this part.

But I still stand on the ground that "Bitcoin and politics might not work in hand".

Now, you've just stated that " Trump is saying some actual truth about bitcoin", which I agree with that fact, but would you expect him to tell a lie in the first place knowing he can also get support form the Bitcoin community?. He is telling the entire Bitcoin community what they need to hear. That's how politics plays, and that is how it has been playing. See, we are currently in 2024. The politicians we see today are up-to-date with the current happenings, and they are fully aware of what the people needs. All his saying are manifestos, and Bitcoin happens to be one of the strategies.

Quote
Can't you see that his actions are increasing the awareness of bitcoin, and more investors and liquidity are flowing in. That's just what I want you to understand, wether he keeps to his words or not bitcoin has nothing to lose rather it has everything to gain. That's just the angle I want you to see that political endorsement of bitcoin by politicians are spreading the good news of bitcoin, they are helping the bitcoin community do some form of evangelism. More people are getting confident in the whole bitcoin of a thing. The narrative of those that has been seeing it as a scam is now changing because top political figures are now identifying with bitcoin. Not that bitcoin will not survive with or without these things, but I just want you to understand that this moves are favouring bitcoin investors.