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Author Topic: Donald Trump Calls BTC 'an Additional Form of Currency' — Says 'I Sometimes Will  (Read 822 times)

Offline Lucius

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Trump is a politician with populist rhetoric... If cryptocurrencies contradict his country's economic policies, he can ban cryptocurrencies immediately; if cryptocurrencies contribute to his country's prosperity, he can be more accommodating towards cryptocurrencies... I don't underestimate populist politics. Machiavellian thinking is an important part of politics. Therefore, for me, Trump's statement is a variable that does not go beyond emphasizing a period in time...

Everything was said in one post and everything is true to the last word - and if someone believes that Trump has changed his mind, he really lives in a world of illusions where politicians work for the good of the people, not for their own.

Someone who two years ago called Bitcoin a "scam" completely turns the story around today, which clearly speaks of the seriousness of that man. I might even suspect that he is saying this for some kind of political points, but he understands that a lot of money has started to revolve around Bitcoin.

However, two or three years from today, we may read such statements again :

Quote from: https://markets.businessinsider.com/currencies/news/trump-bitcoin-commentary-seems-like-scam-against-the-us-dollar-2021-6-1030500598?op=1
The former US president told Fox Business' Stuart Varney: "Bitcoin, it just seems like a scam. I was surprised — you know, with us, it was at $6,000 and, much lower. I don't like it because it's another currency competing against the dollar, essentially it's a currency competing against the dollar."
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Offline Z-tight

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It is possible, as you mentioned, that he changed his mind after he saw the great benefits that the American economy obtains from cryptocurrencies and ETFs. I really hope that he has changed his mind because if he wins, it will have a major positive impact on Bitcoin and cryptocurrencies through the laws that Creates a more open work environment.
I don't think he has changed his mind or his opinion, maybe he just has to publish a different opinion now that the election is coming, he may be trying to deceive the BTC community in the u.s. into thinking that he is a right candidate that will create a better enviroment for bitcoiners in the u.s. If Trump wins i am sure he would be saying a different thing about BTC then.
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Offline Don Pedro Dinero

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Well, I don't see it in such a negative way as trendcoin, Lucius and Z-tight, for example. Trump would not be the first to change his mind about bitcoin. Take Michael Saylor, for example, now a leading bitcoin evangelist:

Quote
#Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling.

In Trump's case, being a politician and a populist, he could indeed be saying this to win votes from a certain sector, but this is also linked to the rejection of the CBDCs that the Democratic Party is implementing. Rejecting CBDCs and being more tolerant of bitcoin is more in line with the Republican party and its main supporters are among its members.

In any case, I think it is better that he is saying that than saying he will ban it if he comes to power.
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Offline Lucius

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Well, I don't see it in such a negative way as trendcoin, Lucius and Z-tight, for example. Trump would not be the first to change his mind about bitcoin. Take Michael Saylor, for example, now a leading bitcoin evangelist:
Quote
#Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling.

The difference between what Saylor wrote 10+ years ago and what Trump is saying today is huge - not only because it was so long ago when many had a very bad opinion of Bitcoin, but because Saylor did a complete U-turn at one point and sticks to what he says - while Trump, as a politician (but also as a businessman), changes his opinion every now and then.

For me personally, this is a man with dangerous intentions and complete unpredictability, whose election as US president would cause quite a bit of chaos in the US and most of the world. The man who left with the bloodshed is talking again today about a new bloodshed in case he does not win (admittedly in the context of the auto industry if I read correctly), but again such rhetoric is completely insane in any civilized society.
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I don't think he has changed his mind or his opinion, maybe he just has to publish a different opinion now that the election is coming, he may be trying to deceive the BTC community in the u.s. into thinking that he is a right candidate that will create a better enviroment for bitcoiners in the u.s. If Trump wins i am sure he would be saying a different thing about BTC then.

Trusting a politician is like giving your friend a knife to hold when you know that they can stab you on the back any giving time. Politicians will say a lot of validation just to make you people feel like the hope they are waiting for is finally here but the reality is that they are saying it to get a lot of supporters. You know that Trump is one of the stubborn political person, if he eventually get to office and they say Bitcoin do this and that, you will see how he is going to rubbish down Bitcoin and take back his good words now, very self centered public figures.
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Offline Z-tight

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Well, I don't see it in such a negative way as trendcoin, Lucius and Z-tight, for example. Trump would not be the first to change his mind about bitcoin. Take Michael Saylor, for example, now a leading bitcoin evangelist:

Quote
#Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling.
Yeah i know there are a lot of people who have changed their mind about BTC, Saylor is one of them as you have rightly said, but Saylor is not a politician and what he said was a long time ago. However, he realized he was wrong and now we all know he is pro BTC.

Trump is a politician and it was not so long ago he made those bad comments about BTC, then again if the election was not around the corner or if he was not one of the candidates, then i may have believed that he has truly had a change of heart. But with the events surrounding his latest comments, i will take everything he said with a grain of salt.
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