I like us to see beyond the deception of those who want to use Bitcoin's popularity for their gains and still later abandon it. The future of Bitcoin only lies in the hands of the true adopters, not fake ones. Don't you guys think the true adopters of Bitcoin will lead by example? How many estates, hotels and businesses of Trump are now accepting Bitcoin for payments? Or how many of his liquid assets has he converted to Bitcoin? Talk is cheap, a true Bitcoiner will surely lead by example.
How many of his businesses accept Bitcoin is a good question. Or how much of the coin has he bought and held since he started showing so much interest? We all know it is a political strategy because I have not seen any president who has shown genuine love for Bitcoin except Nayib Bukele of El Salvador. The government will always want centralization, which is against the goal of Bitcoin. Even if Trump has good intentions for Bitcoin, it will be to raise revenue through tax and push the coin towards centralization.
If Trump loses, then the Republican party will turn its back on Bitcoin because they will associated it with failure.
And Democrats will associate Bitcoin with Trump and right-winger stuff. This will be a disaster for Bitcoin.
The Bitcoin community getting in bed with Trump is incredible short-sighted.
Bitcoin has nothing to do with US politics. It is just a currency that politicians are using for campaigns. Associating Bitcoin with either the Republicans or Democrats is a big blunder. Bitcoin is just one of the areas that Trump is using for Campaign, there are many other sectors. If Trump fails, nobody will blame Bitcoin because he already has many skeletons in his wardrobe. How will Democrats see Bitcoin as a right-wing currency? Bitcoin is a universal currency and has no respect for political ideologies.