Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: rby on September 14, 2024, 10:46:29 PM

Title: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: rby on September 14, 2024, 10:46:29 PM
On the 12th of September, Donald Trump announced  the the launch of his son's new crypto project which was tagged "World Liberty Financial". Trump and his family have been promoting this particular project for the past few weeks.
Out of curiosity to know more and pick the mind of crypto experts in this forum about this particular move by the US presidential candidate, I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market
(https://www.talkimg.com/images/2024/09/14/BikoW.jpeg)
Read More... (https://crypto.news/trump-teases-launch-date-for-crypto-project-to-leave-outdated-banks-behind/)
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: debra on September 14, 2024, 10:59:31 PM
US president election becomes more interesting because Trump looks very enthusiastic with crypto industry. Not sure, which his goal by doing this, but it looks like he is trying to ensure the crypto supporters. He is getting far to support crypto because I heard that Harris changes his mindset about crypto and support crypto as well. Two candidates appear to be trying to grab attention from crypto supporters. Sure, this is very likely as a political strategy.

However, there is no guarantee that those candidates will keep their promising to support crypto when they are elected as a president. But this surely makes crypto world becomes more popular. I hope this will trigger a huge increase in Bitcoin and altcoins prices. It must be for temporary only but it is good for crypto industry.

Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Zed0X on September 14, 2024, 11:40:04 PM
I think this WLF is going too far and will have more negative impact on his campaign than they have anticipated. This act reminds of that popular person (for good/bad reason) who openly supported cryptocurrencies and then tried to launch his own. IIRC, it's being branded as a privacy coin but it failed because nobody took it seriously.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: KingsDen on September 15, 2024, 12:32:08 AM
(https://www.talkimg.com/images/2024/09/14/BikoW.jpeg)
Did Trump actually make this statement? If yes, is this not risky for his presidential ambition? He is just too blunt and that is why I love him. Trump could be loosing this election because of powers that be. I am yet to confirm that Trump made this statement.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: TomPluz on September 15, 2024, 05:07:54 AM


A political strategy or a great development? I think the answer is a mix of both...but depending a lot if where on the side of the fence you can be staying. Like Harris/Walz supporters might be viewing this as just another trick or a ploy to get votes which, of course, both sides are actually playing to the max until a new president is sworn in by January 20...or can even go beyond that as politics is everyday. I have not looked at this project by sons of Trump and maybe a non-biased cryptocurrency and DeFi expert would be the one appropriate to look into it to assess its value. Now, we don't know if  "World Liberty Financial" is just a temporary one or will really last into the future...and that is something maybe worth to wait. As for me, I am more inclined to Trump as compared to Harris - certainly both are flawed but more and more people are convinced that with Trump there is a clearer vision on what he will do.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: yhiaali3 on September 15, 2024, 07:21:44 AM
I'm not sure if Trump has launched a cryptocurrency for his son, can you tell us the source of the news? If there is a link, we can confirm the news.

Anyway, I find it very strange that a former president and presidential candidate would issue a cryptocurrency for his son, I mean does he have enough time to run his campaign and be busy with such things?

Recently, several coins have emerged that exploited Trump's popularity and support for cryptocurrencies and created coins that they claimed belong to Trump, such as MAGA, DMAGA, DJT, TRUMP. I expect that all of these tokens have nothing to do with Trump and are just propaganda to gain great popularity.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Rubel007 on September 15, 2024, 07:45:09 AM
You are right that this can be a strategic decision. The main objective of such campaigns around the elections is to win the hearts of crypto lovers. Bringing them forward in their support. By doing this, the number of his supporters will increase for sure. People's interest in cryptocurrency will increase. People who love crypto will definitely try to support Trump. Although Harris will also support this, ordinary citizens want to see proof of who is actually more passionate about crypto. Since these two leaders have been able to realize that crypto has a large community it is no less for crypto lovers. We expect the SEC's behavior toward crypto to change in the future. Whichever party comes to power, crypto will move at its own pace.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Baofeng on September 15, 2024, 02:47:55 PM
We shouldn't forget that it's election time, and now that Kamala Harris has overtaken Trump as per poll and betting, for sure he will have to get every voter on his side, be it immigrant or Bitcoin enthusiast.

So in this case, he needs crypto or Bitcoin people in his side so he made another favorable statement for us. So let's see if this can tip the balance for him or crypto enthusiast will vote against him.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: rby on September 15, 2024, 08:22:15 PM
(https://www.talkimg.com/images/2024/09/14/BikoW.jpeg)
Did Trump actually make this statement? If yes, is this not risky for his presidential ambition? He is just too blunt and that is why I love him. Trump could be loosing this election because of powers that be. I am yet to confirm that Trump made this statement.
Yeah! The statement was posted on his official X handle and for a content with such important information to make it to his account, it simply means that he was the one that permitted it.
Rather than being risky, I think the statement is a good strategy that will help convince the larger population of the US electorates(especially crypto marketers) to vote for Trump. I think we're going to get more information concerning the statement on 16th Sept.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: philipma1957 on September 15, 2024, 09:05:27 PM


A political strategy or a great development? I think the answer is a mix of both...but depending a lot if where on the side of the fence you can be staying. Like Harris/Walz supporters might be viewing this as just another trick or a ploy to get votes which, of course, both sides are actually playing to the max until a new president is sworn in by January 20...or can even go beyond that as politics is everyday. I have not looked at this project by sons of Trump and maybe a non-biased cryptocurrency and DeFi expert would be the one appropriate to look into it to assess its value. Now, we don't know if  "World Liberty Financial" is just a temporary one or will really last into the future...and that is something maybe worth to wait. As for me, I am more inclined to Trump as compared to Harris - certainly both are flawed but more and more people are convinced that with Trump there is a clearer vision on what he will do.

yeah fuck up the usa by creating further division among people.

Not a fan of him at all.
He passed an extremely bad bill that started on dec 1 2018. which affects all usa trades of all crypto. my tax returns have 200 pages because of his law. i do not like him at all and he is likely to fuck crypto up bigly.

Does this mean I like Kamala not much. But btc ath was under biden in 21 and in 24. so I am betting she is more likey to help a new ath in 2025.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Dr.Bitcoin_Strange on September 15, 2024, 09:39:27 PM
In my opinion, this approach is 100% political strategy to win the crypto community over, if he’s had this Vision, then why wait till now before making it open to the public. If there’s one thing I know about Trump, that’s the fact that he’s a businessman and a politician, and one quality that these both profession has is the ability to be strategic and to utilize the ability resources and use it to their advantage. Trump is fully aware just how big the crypto community is and if he can successfully win them over to his side, it’s gonna be a big plus to him. For someone who has an upcoming election, isn’t he supposed to be focusing on his campaign and how to win? It’s impossible to divide his attention and give some attention to crypto, except of course it’s one of his political strategies, It’s very obvious. I do welcome the innovation he plans to bring as it’ll help the crypto community if he actually keep to his words, but I strongly doubt that he’ll do everything he’s saying.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: electronicash on September 15, 2024, 10:07:35 PM
been following Trump campaign since time but haven't heard of him talking about such project apart from that NFTs he been selling. but he been vocal about bot supporting CBDC and making US as the place where BTC will be minted and so on. i googled it and found few articles which i think is a defi project and Trump's son seem to be involve in making this happen.

Trump is a businessman, i doubt this is just a political strategy. if he is part of this project then he may also have planned to make money out of it.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Legion on September 16, 2024, 01:03:24 PM
been following Trump campaign since time but haven't heard of him talking about such project apart from that NFTs he been selling. but he been vocal about bot supporting CBDC and making US as the place where BTC will be minted and so on. i googled it and found few articles which i think is a defi project and Trump's son seem to be involve in making this happen.

Trump is a businessman, i doubt this is just a political strategy. if he is part of this project then he may also have planned to make money out of it.
Well, If Trump have anything to do with DeFi or crypto projects then it could be something big either for him in terms of financial benefit or in terms of political strategy. Since he is an entrepreneur, his participation in the world of crypto might be a way to invest in new business opportunities there, so waiting for more information about it is crucial in order to identify the goals and consequences.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: philipma1957 on September 16, 2024, 02:50:08 PM
been following Trump campaign since time but haven't heard of him talking about such project apart from that NFTs he been selling. but he been vocal about bot supporting CBDC and making US as the place where BTC will be minted and so on. i googled it and found few articles which i think is a defi project and Trump's son seem to be involve in making this happen.

Trump is a businessman, i doubt this is just a political strategy. if he is part of this project then he may also have planned to make money out of it.

Which based on his bankruptcy techniques means he is the worst choice possible for btc.

He has had many bankruptcy  cases. So his sons would have zero issues attacking any crypto coin to help theirs. Or planning to bankrupt their coin while having straw people play shorts on it.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Themepen on September 16, 2024, 03:09:19 PM
I think Donald Trump new crypto project World Liberty Financial  is way to win votes from people who like cryptocurrency. He wants to get their support by endorsing this project. Trump wants to look good to people who like new technology especially younger voters. But I think his main reason is to get political gain.


This project might bring more attention to cryptocurrency but we should not forget that Trump main goal is political. We should look at project quality not just because Trump is involved. Project success should be based on its strengths not just because of Trump name. We should be careful and not support it just because of who is behind it.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: akeemqaz on September 16, 2024, 06:33:29 PM
I have not seen Trump make this statement anywhere online, but I wish he did because this would truly bring a lot of attention to crypto and have many positive impacts as well.
And I'm not sure if his son is working on a crypto project, but I would appreciate it if you could provide a link to any news related to this.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: JISAN on September 16, 2024, 06:39:38 PM
Donald Trump is well aware that crypto is very popular among the youth right now and he is using this strategy to get their attention. He wants to win this presidential election at any cost.  Although he has a lot of popularity, the Democratic candidate Kamala Harris is his biggest rival. She has to compete very hard with Kamala Harris.  Because of which Donald Trump is using different types of tactics, I think Bitcoin is his political strategy. Regardless of the reason he decides this is why I support Donald Trump.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: rby on September 16, 2024, 09:03:06 PM
Donald Trump is well aware that crypto is very popular among the youth right now and he is using this strategy to get their attention. He wants to win this presidential election at any cost.  Although he has a lot of popularity, the Democratic candidate Kamala Harris is his biggest rival. She has to compete very hard with Kamala Harris.  Because of which Donald Trump is using different types of tactics, I think Bitcoin is his political strategy. Regardless of the reason he decides this is why I support Donald Trump.
Reading your post and connecting the contents to the current reality of Donald Trump, there's no way I can agree more to your submission. Donald Trump is one man that knows how to get what he wants with everything he has and being strategic is one his his popular techniques in buying the mind of people. He understands the importance of Bitcoin and cryptocurrency in general amongst the youths which is why he's using it as a means of convincing the young people to vote for him as well as support his ambition. I will be happy to see him win the elections because he's my preferred candidate
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: |MINER| on September 16, 2024, 10:04:14 PM
On the 12th of September, Donald Trump announced  the the launch of his son's new crypto project which was tagged "World Liberty Financial". Trump and his family have been promoting this particular project for the past few weeks.
Out of curiosity to know more and pick the mind of crypto experts in this forum about this particular move by the US presidential candidate, I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market
(https://www.talkimg.com/images/2024/09/14/BikoW.jpeg)
Read More... (https://crypto.news/trump-teases-launch-date-for-crypto-project-to-leave-outdated-banks-behind/)
Now even if Donald Trump genuinely supports cryptocurrency, I will think it's a political strategy. Because he has previously made various strange comments about crypto currencies. And now before the elections, he is positively presenting crypto currency to people and giving positive statements about it and also doing various activities.
If he had brought these issues to the media two years ago, maybe my current thinking would have been different. However, apparently, these activities do not seem to me to be anything other than political strategy. As Elon Musk did before the start of last bull season. I don't trust them, they always work for their own interests.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Hatchy on September 16, 2024, 11:55:17 PM
I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market
(https://www.talkimg.com/images/2024/09/14/BikoW.jpeg)
Read More... (https://crypto.news/trump-teases-launch-date-for-crypto-project-to-leave-outdated-banks-behind/)
Yes, this could actually be both a political move and a potential boost for the crypto market. His support for his son's crypto project might be a way to win over U.S. crypto investors and get more votes. It is also possible that him backing his son could bring more attention to cryptocurrency, attracting new people to invest

But then, just because a famous person is involved does not really mean the project will succeed, so every investor should be cautious and do their research before jumping in on it.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Rubel007 on September 17, 2024, 05:03:45 AM
I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market
(https://www.talkimg.com/images/2024/09/14/BikoW.jpeg)
Read More... (https://crypto.news/trump-teases-launch-date-for-crypto-project-to-leave-outdated-banks-behind/)
Yes, this could actually be both a political move and a potential boost for the crypto market. His support for his son's crypto project might be a way to win over U.S. crypto investors and get more votes. It is also possible that him backing his son could bring more attention to cryptocurrency, attracting new people to invest

But then, just because a famous person is involved does not really mean the project will succeed, so every investor should be cautious and do their research before jumping in on it.
Well said, after investing in such new projects, there is no way to say if those assets can survive in the market for long term. Political leaders may change at a particular time or their policies may also change, so before investing in those projects, decisions should be taken very carefully. It is better to keep cryptocurrency or bitcoin independent than to support a particular leader. By doing this, even if it is temporarily in a position, it will do well in the long run. Whether it's because of his political ambitions or because of his son's support, if Donald Trump wins, crypto adoption may temporarily increase. However, the risk factors should be observed repeatedly before investment.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: enoch_from_off on September 17, 2024, 11:11:09 AM
I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market
(https://www.talkimg.com/images/2024/09/14/BikoW.jpeg)
Read More... (https://crypto.news/trump-teases-launch-date-for-crypto-project-to-leave-outdated-banks-behind/)
Yes, this could actually be both a political move and a potential boost for the crypto market. His support for his son's crypto project might be a way to win over U.S. crypto investors and get more votes. It is also possible that him backing his son could bring more attention to cryptocurrency, attracting new people to invest

But then, just because a famous person is involved does not really mean the project will succeed, so every investor should be cautious and do their research before jumping in on it.

Totally agree. Politicians are the experts of doing what the crowds would want, crypto-related or not. We should stay vigilant about whatever they say and continue to judge coldly, according to metrics and facts.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Tribalchief on September 17, 2024, 12:14:24 PM
On the 12th of September, Donald Trump announced  the the launch of his son's new crypto project which was tagged "World Liberty Financial". Trump and his family have been promoting this particular project for the past few weeks.
Out of curiosity to know more and pick the mind of crypto experts in this forum about this particular move by the US presidential candidate, I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market

Announcing his son's project as "World Liberty Financial". I think crypto is gradually becoming a joke and a political way of mockery to the crypto community. Just as some of us here have mentioned, all these are practically campaign strategies that are used in getting the support of crypto users. My big problem with all these is the number of promises that has been made so far. Trump keeps saying so many interesting things, which are clearly what politicians do when the election keeps getting close. Personally, I don't see any reason to hype or turn my attention towards the forth coming election because I don't think politics and crypto will work in hand.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Stompix on September 17, 2024, 04:54:13 PM
So here is his master plan for this great crypto:

Quote
The equity structure for these tokens will be that 20% of the project’s tokens are allotted to the founding team, which includes the Trumps, 17% of tokens are set aside for user rewards, and the remaining 63% of the coins will be made available for the public to purchase, said founder Zak Folkman.

Trump gets 20%, they give away 17% and they sell 63%!
Satoshi would be spinning in his grave hearing this would be a thing his followers cheer for!

Announcing his son's project as "World Liberty Financial". I think crypto is gradually becoming a joke and a political way of mockery to the crypto community.

A new Defi bringing freedom in the form of an LLC ;)
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Tribalchief on September 17, 2024, 07:19:32 PM
So here is his master plan for this great crypto:

Quote
The equity structure for these tokens will be that 20% of the project’s tokens are allotted to the founding team, which includes the Trumps, 17% of tokens are set aside for user rewards, and the remaining 63% of the coins will be made available for the public to purchase, said founder Zak Folkman.

Trump gets 20%, they give away 17% and they sell 63%!
Satoshi would be spinning in his grave hearing this would be a thing his followers cheer for!

Announcing his son's project as "World Liberty Financial". I think crypto is gradually becoming a joke and a political way of mockery to the crypto community.

A new Defi bringing freedom in the form of an LLC ;)

You really got me with that one, I can't stop laughing  ;D. I clearly don't know what the community is turning into. The same community that stood for transparency, stood against oppression of the financial system because they were fed up with every activities that kept happening behind the scenes. Unfortunately, some people have began to fall for sweet talks, and start believing in statements that calls a random project "world liberty financial". Then what place will Bitcoin now have in our society if this kind of statement is made by someone with genuine intensions towards cryptocurrency in general.

So Trump thinks he has done well from the allocation. 63% is automatically a way of dumping the so called world liberty financial. 63% is clearly the major part of the allocation, so it will be easy for the trumps to get something at least.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: satpol_PP on September 17, 2024, 09:03:15 PM
been following Trump campaign since time but haven't heard of him talking about such project apart from that NFTs he been selling. but he been vocal about bot supporting CBDC and making US as the place where BTC will be minted and so on. i googled it and found few articles which i think is a defi project and Trump's son seem to be involve in making this happen.

Trump is a businessman, i doubt this is just a political strategy. if he is part of this project then he may also have planned to make money out of it.
Well, If Trump have anything to do with DeFi or crypto projects then it could be something big either for him in terms of financial benefit or in terms of political strategy. Since he is an entrepreneur, his participation in the world of crypto might be a way to invest in new business opportunities there, so waiting for more information about it is crucial in order to identify the goals and consequences.
I have not read valid news that Trump is related to the Defi project, but if it is true it will be a good thing if Trump wins in the US presidential election. Many people are waiting for what will happen in next November. Because Crypto lovers hope that Trump will win the US presidential election and support Crypto so that the price of Bitcoin will rise.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Captain Corporate on September 17, 2024, 09:31:08 PM
If nothing else, it shows that bitcoin is now big enough that both ca didates for tge USA presidemcy talked aboht it, albeit one more than the other but we are in discussion right now and that shows how great and huge that we got so far and thats quite big and important. Without any of this we were much smaller once upon a time and nobody cared about us or talked about us. Now we have that long waited bitcoin ETF and also preside ts talk about us and big wall street hedge funds with billions and billions end up offering bitcoin services to customers. Thats quite big deal.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Bobcrypto on September 17, 2024, 09:42:15 PM
I think Donald Trump new crypto project World Liberty Financial  is way to win votes from people who like cryptocurrency. He wants to get their support by endorsing this project. Trump wants to look good to people who like new technology especially younger voters. But I think his main reason is to get political gain.


This project might bring more attention to cryptocurrency but we should not forget that Trump main goal is political. We should look at project quality not just because Trump is involved. Project success should be based on its strengths not just because of Trump name. We should be careful and not support it just because of who is behind it.

First, I think that this information is not reliable, actually I don't believe that Donald Trump has made his crypto project through his son's, public. For me, i doubt this development because i think that Donald Trump is very vocal about his intentions and he always his activities make public.

Secondly, if this information is real, it may be politically motivated just to attract crypto community voters, and the project may be dumped after his elections success.
Finally, politicians campaigning at this political time with the crypto community has the intentions of winning their votes, simple.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Dr.Bitcoin_Strange on September 17, 2024, 10:00:29 PM
been following Trump campaign since time but haven't heard of him talking about such project apart from that NFTs he been selling. but he been vocal about bot supporting CBDC and making US as the place where BTC will be minted and so on. i googled it and found few articles which i think is a defi project and Trump's son seem to be involve in making this happen.

Trump is a businessman, i doubt this is just a political strategy. if he is part of this project then he may also have planned to make money out of it.
Well, If Trump have anything to do with DeFi or crypto projects then it could be something big either for him in terms of financial benefit or in terms of political strategy. Since he is an entrepreneur, his participation in the world of crypto might be a way to invest in new business opportunities there, so waiting for more information about it is crucial in order to identify the goals and consequences.
I have not read valid news that Trump is related to the Defi project, but if it is true it will be a good thing if Trump wins in the US presidential election. Many people are waiting for what will happen in next November. Because Crypto lovers hope that Trump will win the US presidential election and support Crypto so that the price of Bitcoin will rise.

In my opinion, all those claim and open speech about Bitcoin and crypto by trump could actually a plan just to make him win his election because there is a large population in the country that are crypto lovers and they will do every thing best to support Trump but I just hope that if successfully win the election and become the president, let is praises about crypto not become a shadow.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Z-tight on September 17, 2024, 10:08:35 PM
Trump has been doing a lot to get crypto users on his side, so anything he says about crypto or BTC, i believe it to just be a campaign strategy, the crypto community is very large in the U.S., so if he gets most of their votes, it is a good step forward. Trump has already told us what he feels about BTC a long time ago, why did he change his ideology only now that he is running for president.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Cryptsafe on September 17, 2024, 10:56:15 PM
Politicians would always be who they are irrespective of their divide. I can tell this to be a strategy and a development at the same time. They think two side ways to be a perfect plan for them. The support for the project is just to be for the crypto community to see his enthusiastic move for crypto which he has long exhibited and showing support and the other likely for business purpose. He likely can not afford to loose the election, and if he does, there is a back up to cash out before the time being. Seeing him support his son for the crypto project is not a big deal if he means crypto support, he should look into the crypto market and see project to support and not a family business for political gains. He is a good business man and I am surprise d how he became a good political strategist overnight.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: JoyMarsha on September 17, 2024, 11:59:28 PM
In my opinion, this approach is 100% political strategy to win the crypto community over, if he’s had this Vision, then why wait till now before making it open to the public. If there’s one thing I know about Trump, that’s the fact that he’s a businessman and a politician, and one quality that these both profession has is the ability to be strategic and to utilize the ability resources and use it to their advantage. Trump is fully aware just how big the crypto community is and if he can successfully win them over to his side, it’s gonna be a big plus to him. For someone who has an upcoming election, isn’t he supposed to be focusing on his campaign and how to win? It’s impossible to divide his attention and give some attention to crypto, except of course it’s one of his political strategies, It’s very obvious. I do welcome the innovation he plans to bring as it’ll help the crypto community if he actually keep to his words, but I strongly doubt that he’ll do everything he’s saying.
You are damn correct on this approach of Donald's support towards his son's launching of a crypto project to be a political strategy to win the minds of crypto believers on USA soil to vote for him because he supports crypto.

When the election is over, and the winner is declared, we can begin to get to know the true color of the two presidential aspirants on crypto. It can be the one that we thought loved Bitcoin can later neglect Bitcoin when he becomes president, and the one who we thought hated Bitcoin may later accept it to be legal. Who knows what will unfold later
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Azharul on September 18, 2024, 03:21:56 AM
Donald Trump is well aware that crypto is very popular among the youth right now and he is using this strategy to get their attention. He wants to win this presidential election at any cost.  Although he has a lot of popularity, the Democratic candidate Kamala Harris is his biggest rival. She has to compete very hard with Kamala Harris.  Because of which Donald Trump is using different types of tactics, I think Bitcoin is his political strategy. Regardless of the reason he decides this is why I support Donald Trump.
I think your comment in very prefer in this time. Because we know that Trump's is one of the best supporters for crypto currency world. We also saw that in election he will be inspire his people for involved in cryptocurrency. So i believe that when trump will win the election, i believe that it will be great opportunity for cryptocurrency market. Besides we also see that kamala harris is also the supporters for cryptocurrency. So it also be best opportunity for developing for crypto currency world.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Z-tight on September 18, 2024, 05:59:44 PM
It can be the one that we thought loved Bitcoin can later neglect Bitcoin when he becomes president, and the one who we thought hated Bitcoin may later accept it to be legal. Who knows what will unfold later
None of the candidates care about BTC, and it is understandable, they are running to be president of the United states, BTC is only a very, very tiny piece in all of this, BTC is also decentralized, there is no way the U.S. will support BTC in the way people are imagining. I don't trust politicians, i never do, they just do whatever they can to get into power.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: robelneo on September 19, 2024, 08:06:04 PM
Out of curiosity to know more and pick the mind of crypto experts in this forum about this particular move by the US presidential candidate, I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market


I marked it as a political strategy because of the timing, if its not a campaign fever and he launch it or even thinking of launching one, then we can say that he is s serious Cryptocurrency advocate.

But when a politician started to do something new during the campaign, it was just meant to woe the voters, he's not really an advocate but just using the topic because he had seen the impact on his popularity and votes if he had the community on his side.

Expect Trump to say and do a lot of things just to gain an advantage on this campaign.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: Hisbullah on September 19, 2024, 09:25:38 PM
Out of curiosity to know more and pick the mind of crypto experts in this forum about this particular move by the US presidential candidate, I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market


I marked it as a political strategy because of the timing, if its not a campaign fever and he launch it or even thinking of launching one, then we can say that he is s serious Cryptocurrency advocate.

But when a politician started to do something new during the campaign, it was just meant to woe the voters, he's not really an advocate but just using the topic because he had seen the impact on his popularity and votes if he had the community on his side.

Expect Trump to say and do a lot of things just to gain an advantage on this campaign.
It can be said that what trump did was a political strategy to get votes. but if what he said he would do if he was elected president by supporting crypto, this would be good for crypto and maybe we will see an upward movement of bitcoin and altcoins.
I also read comments from some members who were doubtful about it, whether trump would really support crypto or just a strategy because he had an interest.
Title: Re: Trump's crypto launch announcement, a political strategy or a great developmen
Post by: rby on September 19, 2024, 11:58:03 PM
I've read all the responding posts under this topic and going by the majority of opinions from y'all about the subject matter that I posed, it's clear that many of you believes Trump's recent move was politically influenced as he's trying to do everything possible to convince the US electorates to vote him during the presidential elections.

The crypto project was finally launched on Tuesday but the former US president declined to give much details about it. Hopefully, we're going to get more clarifications about the project and how it'll help in globalising cryptocurrency. You can read more about the launch here... (https://www.google.com/amp/s/amp.theguardian.com/us-news/2024/sep/17/trump-crypto-world-liberty-financial)