in your carry As of this Monday, Nikolaus argued that Donald Trump is strongly pro-Bitcoin. I beg to differ.
Yes, Trump is paying lip service to Bitcoiners, which is more than we can say for Kamala Harris. The fact that he spoke at the Bitcoin conference is certainly interesting, and at least indicates that he is aware of the “crypto voter” as a possible voting block. And yes, Trump appeared on PubKey, which was a fun little trick, although apparently he couldn't even make the payment himself.
But it's blatantly obvious that he just wants your money and your vote. Of course, the same can be said for most politicians, but if anything, Trump is a more extreme example of this. He will basically scam you if necessary, either through these Ridiculous NFTsor with whatever his new shitty project It's supposed to be.
I'm not entirely convinced that Trump will remain a Bitcoin ally if he is elected to a second term. Even at Bitcoin 2024, his closing comments (“have fun with your cryptocurrency, Bitcoin, and all the other things you play with”) made it clear that he doesn't really care about Bitcoin in any way. In fact, just a few years ago, Trump saying “I was not a fan of Bitcoin and other cryptocurrencies, which are not money and whose value is very volatile and based on air.”
Right now, Trump needs your money and your vote, but he won't need them anymore after he's elected. Even if you want to take his ramblings like “miners get all the electricity they need to mine” seriously, is there any reason to believe he won't throw Bitcoin under the bus the moment it benefits him… most obviously, in favor of the dollar?
Given Trump's record of broken campaign promises In his first term, he would expect nothing more.
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