In his take from this Monday, Nikolaus argued that Donald Trump is closely pro-Bitcoin. I encourage to vary.
Sure, Trump is offering lip service to Bitcoiners, which is greater than we are able to say of Kamala Harris. The truth that he spoke on the Bitcoin convention is actually attention-grabbing, and a minimum of signifies that he’s conscious of the “crypto voter” as a possible voting block. And sure, Trump did present up at PubKey, which was a enjoyable little stunt— although he apparently wasn’t even in a position to make the fee himself.
However it’s blatantly apparent he simply needs your cash and your vote. In fact, the identical could be stated for many politicians, but when something, Trump is a extra excessive instance of this. He’ll mainly rip-off you for it if he should, whether or not it’s by means of these ridiculous NFTs, or with no matter his new shitcoin mission is meant to be.
I am under no circumstances satisfied that Trump will proceed to be an ally of Bitcoin if he does get elected for a second time period. Even at Bitcoin 2024, his closing remarks —“have enjoyable along with your crypto, and Bitcoin, and all the opposite stuff you play with”— made clear he doesn’t really care about Bitcoin in any possible way. Certainly, only a few years in the past, Trump stated he was “not a fan of Bitcoin and different Cryptocurrencies, which aren’t cash, and whose worth is very unstable and primarily based on skinny air”.
Proper now, Trump wants your cash and your vote— however he gained’t want that anymore after he’s elected. Even if you wish to take severely his blabberings like “miners get all of the electrical energy they want for mining”, is there any motive to consider he gained’t throw Bitcoin below the bus the second that advantages him… most clearly, in favor of the greenback?
Given Trump’s monitor file of damaged marketing campaign guarantees in his first time period, I wouldn’t count on the rest.
