Post
Topic
Board Bitcoin Discussion
Re: Trump will compete directly with Bitcoin
by
BlackHatCoiner
on 13/11/2024, 09:04:12 UTC
We weren't talking about the election here--that's over, and there's no point. We're talking about lobbying the US government, now controlled by Trump, to buy lots of Bitcoin so the price goes up.
Yes, but you're treating me as if I am the one who lobbied the government, while it is the administration that saw the potential to having reserves in bitcoin.

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Lots of products are doing just fine without government help.
There we go, again. Bitcoin is a "product". Do you also call gold a "product"?

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Do you see NVDA begging for government handouts? AAPL? The corner store where you buy your groceries?
No, and I'm not begging for handouts either. It's the administration that sees the potential in buying the hardest asset and keeping it for 20 years.

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Wrong. It was brokers like Coinbase who profit from selling things to Bitcoin holders, and... mostly profit from currencies other than Bitcoin e.g. memecoins and other financial products.
I'm missing the point here. Why am I naive for Coinbase spending millions for campaign contributions?