Trump confirms bitcoin reserves

[babo]

Exactly Mr. Presideni Freemind, unfortunately we all know how politicians think and operate, incorrect and liar people
In fact he himself took advantage of launching a coin, Trump and Melania, who in my opinion are useless
only pure speculation.

The problem is not only that Trump speculates (and many other things) and that he uses his status to earn millions. The problem is that the people who voted for him don't care, they simply applaud what comes out of his mouth without having a minimum of critical sense. All his voters do is worship a leader who laughs in their faces while he fills his pockets more.

Sorry if i correct you, but that happens for any politician voted
None of those who vote for him have the slightest critical sense, such as the dem who should be for peace, they promptly bring wars to the world to encourage their lobbyist friends of weapons
But nobody who votes criticizes them, only criticize the republicans

just an example

[Freemind]

Sorry if i correct you, but that happens for any politician voted
None of those who vote for him have the slightest critical sense, such as the dem who should be for peace, they promptly bring wars to the world to encourage their lobbyist friends of weapons
But nobody who votes criticizes them, only criticize the republicans

just an example

Don't worry about correcting me. I know what you mean, and what I said was not only thinking about the figure of Trump, but about the figure of any politician who in reality does not have voters, what they have are servants, that's why I said "zombies" in another of my posts, because they don't seem to have much brain, since they simply abide by the new laws/orders/rules without the slightest sense of common well-being. The ability to criticize, always within a constructive environment, would make the world different, and probably better.

[dave_strider]

Personally I don't expect anything in that sense. I mean, Bitcoin (and cryptocurrencies) didn't get to where it is today because of Trump or any other politician. Trump only takes advantage of that as he has taken advantage of Ulbricht, political interests. And while he was doing all that and everyone was applauding him like zombies, he also took the opportunity to launch a couple of tokens that have made him earn a lot more money.

And they call him "president of the people".

Yep.
Everyone uses what they can to get more influence and votes.
Nothing new about that.
But I do hope that in the end, BTC would be better in terms of adoption rate after all the fuzz dies down.

[Bobcrypto]

I don't think the U.S. dollar is going to collapse or any of that kind of stuff, however, it is good that the U.S. and other countries are interested in making a BTC reserve. BTC has a lot of potential and many governments are now seeing it, it is going to keep the price of BTC bullish for a long time.

Yeah, the US dollar remains a valuable fait for international business transactions and I don't think the Bitcoin reserve plans has any effect on it. The Bitcoin strategic reserve plans is a potential boost to the crypto economy and will have some positive boost to the dollar value if it get implemented.
Again, i think the bitcoin bullish momentum may continue for a longer time, based on recent developments. We may see many All time High records in 2025

[rdluffy]

Senator Cynthia Lummis posted this an hour ago:


Source https://x.com/SenLummis/status/1884679219927540184

[PX-Z]

Senator Cynthia Lummis posted this an hour ago:


Source https://x.com/SenLummis/status/1884679219927540184

That's a great start, they need advisors and known people in the crypto space to explain it more to them not just those hype-talking influencer/businessmen in the space.

[vegasus]

Senator Cynthia Lummis posted this an hour ago:


Source https://x.com/SenLummis/status/1884679219927540184

That's a great start, they need advisors and known people in the crypto space to explain it more to them not just those hype-talking influencer/businessmen in the space.

Good news. At least, they are really concerned with crypto, and they might really make a Crypto friendly country there. Of course, it will take a process because it is also related to regulations. However, with some efforts made and they do have some crypto advisors and parties who really understand this field, yes, it might go much better.

[rdluffy]

I posted about Senator Cynthia Lummis yesterday, and it's interesting to notice that she said: Strategic Bitcoin Reserve, while other are saying Crypto Reserve

Some people are speculating that Ripple, Solana or Ethereum can be part of the strategic reserve too

I don't know what's better to be honest

[babo]

I posted about Senator Cynthia Lummis yesterday, and it's interesting to notice that she said: Strategic Bitcoin Reserve, while other are saying Crypto Reserve

Some people are speculating that Ripple, Solana or Ethereum can be part of the strategic reserve too

I don't know what's better to be honest

Unfortunately, speculation in modern times exists and is present in all sectors
Nelel Crypto is more accentuated because of the fact that the crypts are always accessible 24h on 24h while for example the equity at certain hours and some days closes
I don't see anything different from the rest and unfortunately we must take into account

[Primo1760]

This is ultra bullish.

USA and Russia may now be buying bitcoin to create their own reserves.  This is ultra bullish!

Everyone is beginning to understand how important bitcoin is to hedge againsta inflation and debit!

Bitcoin is very bullish now and has the potential to make a better position in the future because different countries are now allowing Bitcoin to be kept in their national reserves. There was a time when Bitcoin was not well accepted by any country but now almost all countries are planning to keep it in their strategic reserves so I think Bitcoin will make a good position very soon and will be very bullish.

[bitcoin-shark]

In my opinion it is excellent news if America and Russia have decided to make reserves of BTC so its value can only grow over time

[Mr. Magkaisa]

       -       My understanding is that Trump didn't just confirm it today because apart from that, he also issued an executive order, right? Then there's something else included in his executive order that he's also stopping the launch of CBDC if I'm not mistaken.

So, the confirmation he made really shows that Trump is serious about what he said during his election campaign about bitcoin or cryptocurrency in this field.

[New Ranger]

In my opinion it is excellent news if America and Russia have decided to make reserves of BTC so its value can only grow over time

Of course, but large holdings are also very vulnerable if they are sold to the market, because if that happens, many bad assumptions will definitely arise.

[0t3p0t]

Of course, but large holdings are also very vulnerable if they are sold to the market, because if that happens, many bad assumptions will definitely arise.

Well probably has huge impact when there is massive dump given that all these governments who is currently holding tens or even hundreds of thousands of Bitcoins. Sell the news will happen during that time and we may see the market slightly experience bearish momentum. Take note that China also has Bitcoin holdings.

[Baofeng]

Of course, but large holdings are also very vulnerable if they are sold to the market, because if that happens, many bad assumptions will definitely arise.

Well probably has huge impact when there is massive dump given that all these governments who is currently holding tens or even hundreds of thousands of Bitcoins. Sell the news will happen during that time and we may see the market slightly experience bearish momentum. Take note that China also has Bitcoin holdings.

Bhutan for example has been selling some of them near top prices, although the price has been affected when news comes out, it's just short and temporary effect because from what I noticed after a day or two or even like a week, prices will bounce back.

But all attention are in the big 3:, US, Russia and China and as I have said in the past, it's going to be a raise between this nations as who will have the most bitcoin as a strategic reserves.