Post
Topic
Board Bitcoin Discussion
Re: Maybe Trump will bring Bitcoin into a new age
by
legiteum
on 09/11/2024, 14:17:32 UTC
So in other words, you want the US to use taxpayer money to buy enough Bitcoin in order to manipulate the price of Bitcoin--in the same way the US has a strategic reserve of oil that they sell off when the price of gas gets too high.

A strategic reserve would give the US government the power to determine the price of Bitcoin. They could make the price go up by buying it, and make the price go down by selling it.

That's what you want? Seriously? Are you mad?

It really pisses all of these people off that it's going to be Trump who is going to lead bitcoin to glory.

According to the worldwide free markets, Trump is hardly going to make any difference. Bitcoin is only up a little since he was elected.

And if you are hoping Trump is going to pour billions of dollars of US taxpayer money into Bitcoin in order to prop up the price--and not, say, into Trump's own coin, or into the companies and industries of his major supporters like Musk or the oil industry--you are deluded.