Quote from: _act_ on February 25, 2025, 11:47:22 AM

You all thought Trump love bitcoin? But his policies is not making sense for bitcoin price to increase. His tariff plan on import of goods from Canada and Mexico caused the price of bitcoin to decrease. He paused it but later said yesterday that the tariff will become effect starting from next week. Bitcoin fell again and now below $90000.

Bitcoin's future cannot be determined by Trump or any other single political figure because Bitcoin has long evolved on its own trajectory outside of the political cycle.Its acceptance will largely depend on regulation and its integration with the global financial system.Historically, the impact on the price of Bitcoin, and the resilience of Bitcoin, has been proven to depend somewhat on who is in the White House.In my opinion, certain policies may affect price changes in the short term, but long-term growth of Bitcoin will depend on factors such as Bitcoin's scarcity, acceptance, institutional interest, and global macroeconomic conditions.Trump's tariff policy on imports -- could increase inflation and uncertainty, which could initially have a negative impact on Bitcoin prices.But in the long run, inflationary pressures and financial instability will often push people to Bitcoin because Bitcoin's inflation rate is only two percent higher than any other fiat currency in the world, which may gradually attract people to Bitcoin, since Bitcoin can act as a store of value.I think Trump's stance on crypto is opportunistic rather than ideological because when it comes to his political interests, he supports it.