Quote from: Franctoshi on Today at 06:39:27 PM

Quote from: Furious 7 on January 25, 2025, 08:48:59 PM

Why take it so seriously that Trump can bring change to bitcoin? Indeed, the effect produced earlier when Trump was always active in providing different views in his pre-election promise about bitcoin made the market volatile but that does not mean Trump can control and make it seem as if bitcoin can be influenced by him because all will be the same where bitcoin cannot be intervened by anyone including Trump.

To be honest with this understanding where Trump is always considered as the bearer of bitcoin to the price of $100k is an exaggeration for me because after all even though it cannot be denied that Trump took a little part in this but his presence on bitcoin is actually not that influential so why think about Trump's words because in the end bitcoin will always be on its own path especially when talking about the future.

Why Trump seemed to be relevant in the crypto space lately is because of his campaign promises which he's likely going to bring in regulatory clarity in the crypto industry and also make US a crypto-friendly country with its Bitcoin strategic reserve, and therefore paving way for more institutional investors to come in, and with these policies he's going to enact will solidify investors confidence to invest. However, it doesn't mean that suddenly Bitcoin has become tied to Donald Trump and the United States to exit or surge in price, even though Trump failed to fulfill his campaign promises, Bitcoin would continue to exist with or without Trump.

Can politicians' promises still be trusted?
It's not that I'm not grateful that Trump has brought up bitcoin and even made a good case for it when he was campaigning but we should also reflect on the past because influencers, politicians or other influential people will eventually just capitalize on the momentum with bitcoin as well as Trump who has already done so.

Indeed, we will definitely remember the promises he has emphasized before but that does not mean he will do and realize his promises well not because there could be a condition where the situation becomes reversed because Trump has got what he wants as the highest office filler in the US today.

Although hope is still very much there but in the end we don't need to expect much that someone can be considered as the one who can increase bitcoin to date because bitcoin moves according to what has always been done without any intervention or influence from others because regardless of the existence of Trump or not bitcoin will continue to soar as time goes by.