AARON: Trump Does Not Give A Damn About Bitcoin

Credit : bitcoinmagazine.com

In his views on Monday, Nikolaus argued that Donald Trump is strongly pro-Bitcoin. I urge to vary.

Sure, Trump is paying lip service to Bitcoiners, which is greater than we will say for Kamala Harris. The truth that he spoke on the Bitcoin convention is definitely fascinating, and at the very least signifies that he’s conscious of the “crypto voter” as a possible voting block. And sure, Trump did certainly present up at PubKey, which was a neat little stunt — despite the fact that he apparently wasn’t even in a position to make the cost himself.

But it surely’s apparent that every one he needs is your cash and your vote. The identical can after all be mentioned for many politicians, however Trump is definitely a extra excessive instance of this. He’ll really rip-off you for it if he must, whether or not it is by way of this ridiculous NFTsor with no matter his new shitcoin project needs to be.

I’m not in any respect satisfied that Trump will stay an ally of Bitcoin if he’s elected to a second time period. Even at Bitcoin 2024, his closing remarks – “have enjoyable together with your crypto, and Bitcoin, and all the opposite stuff you play with” – made it clear that he would not really care about Bitcoin in any method. Only a few years in the past, Trump said he was “not a fan of Bitcoin and different cryptocurrencies, which aren’t cash, and whose worth is extremely unstable and based mostly on skinny air.”

Proper now, Trump wants your cash and your vote – however he will not want that anymore after he is elected. Even in case you take his statements like “miners get all of the electrical energy they want for mining” significantly, is there any cause to consider he will not throw Bitcoin beneath the bus when it advantages him? .. the obvious: in favor of the dollar?

Given Trump’s document on… broken campaign promises I would not count on something much less in his first time period.