Post
Topic
Board Bitcoin Discussion
Re: Trump is a mistake for bitcoin?
by
jaberwock
on 01/04/2025, 05:56:41 UTC
I don't think he's the mistake.

I remember he made Ross free and he support in Bitcoin as reserves.

Let's say whoever become the president and he implemented this tariffs, Bitcoin price might be far lower because there was no surge during the announcement of new president until the president officially take his chair.
Bitcoin is Bitcoin, Trump is Trump and Bitcoin will be in charge for a longer time than Trump will be in charge as a President of the USA. Don't mind about him too much, no matter what he does, he will leave the White House after next four years. He can do good things and bad things for USA citizens and Bitcoin community, but he will not be able to harm Bitcoin too much.
I wish people realized this without putting politics into crypto. When it goes up, they talk about how Trump is the reason why it went up, but when it goes down, they mock people who say it went down because of Trump and talk about how it is normal for it to go down because this is just a market and markets move each direction.

The reality is, it didn't go up because of trump, never was the reason it went up, and it doesn't go down because of trump neither, he is unimportant. He can decide "when" what will happen, but what happens will happen if he decides or not. Like for example in last election period, it would go up, we knew it would, that is how market works, but we could have waited 10 days more for his election result, that is how it works, but even if he didn't get elected, it would have gone up anyways.