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What A Trump Presidency Means for Bitcoin bombthrower.com/fixing-americas-balance-sheet-with-bitcoin/

1778 sats \ 44 comments \ @siggy47 22 Jul bitcoin

From that point on – Bitcoin shifted from being “Notgeld” – emergency money amid a slow-rolling, global hyper-inflationary event, and it became inevitable component of a future, successor monetary regime.

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433 sats \ 3 replies \ @DarthCoin 22 Jul

"Bitcoiners" when they hear a politician talking about BTC...

https://m.stacker.news/41024

But they forget the past...

https://m.stacker.news/41020 https://m.stacker.news/41021 https://m.stacker.news/41022

72 sats \ 0 replies \ @Natalia 22 Jul

politicians would say anything for the votes.

21 sats \ 1 reply \ @siggy47 OP 22 Jul

Whitney Webb would agree. She has been talking on many podcasts about the dangers recently (WBD, TFTC, Jimmy Dore)

204 sats \ 0 replies \ @DarthCoin 22 Jul

I have a simple rule in my life: FUCK'EM'ALL (politicians). NEVER ever trust or listen any of them.

178 sats \ 10 replies \ @Coinsreporter 22 Jul

In his own words!!

https://m.stacker.news/40934

25 sats \ 9 replies \ @Undisciplined 22 Jul

"We want all the remaining Bitcoin to be MADE IN THE USA!!" cracks me up every time I see it.

69 sats \ 4 replies \ @Coinsreporter 22 Jul

It's his lack of knowledge about Bitcoin. We shouldn't blame him too much. He is, after all, a noob among us!

14 sats \ 3 replies \ @Undisciplined 22 Jul

I'm just laughing because it's so Trumpian. Vivek or JD made him aware that bitcoin is mined and his immediate reaction is that it needs to be made in America.

It also does fit well with his preference for energy abundance.

21 sats \ 2 replies \ @Bell_curve 22 Jul

Very much Trumpian

He wants bitcoin mined in America because bitcoiners have donated millions to his super pac. It's also a stark contrast to the Democrat view of mining uses too much electricity and contributes to climate change.

56 sats \ 1 reply \ @Undisciplined 22 Jul

It seems more gut level than that. If something can be made anywhere, he wants it made in America.

21 sats \ 0 replies \ @Bell_curve 22 Jul

Correct

21 sats \ 0 replies \ @Bell_curve 22 Jul

MARA Pool Ramps up Bitcoin Production as Uptime Improves - TheMinerMag (https://theminermag.com/news/2024-07-19/mara-pool-bitcoin-mining-uptime/)

21 sats \ 2 replies \ @Bell_curve 22 Jul

especially if you own public miner like Riot, Marathon, Clean Spark, Wulf, Iren, bit farms, etc

not me but my 'friends'

14 sats \ 1 reply \ @Undisciplined 22 Jul

Can you unpack that a bit for me?

21 sats \ 0 replies \ @Bell_curve 22 Jul

These public miners are based in USA especially in Texas

They have contributed to his super pac

No 30% excise tax on electricity consumed by miners

I also own public mining stocks like the ones I listed above

118 sats \ 12 replies \ @IamSINGLE 22 Jul

Trump is really speaking a lot about Bitcoin these days. I hope his words translate into reality after he sits on THE CHAIR!

58 sats \ 0 replies \ @Undisciplined 22 Jul

As with many of the things he says, at least he isn't actively hostile towards us, which can't be said for his opponents.

47 sats \ 9 replies \ @siggy47 OP 22 Jul

After listening to Whitney Webb's take on JD Vance, Peter Thiel, and the bitcoin dollar I'm not so optimistic.

82 sats \ 5 replies \ @Bell_curve 22 Jul

Her purpose is to spread pessimism

She isn't right about everything

15 sats \ 4 replies \ @siggy47 OP 22 Jul

She is very good at putting me in a bad mood.

75 sats \ 0 replies \ @cristaiji 22 Jul

She mentioned ‘white pilling’ Peter McCormack later in the podcast but I didn’t get that far. 😄

54 sats \ 2 replies \ @Bell_curve 22 Jul

This is my fault, you can blame me

I listen to her for entertainment mostly

Her opinions are plausible but who knows

14 sats \ 1 reply \ @siggy47 OP 22 Jul

Don't blame yourself. I have been listening to her for a few years. I even have her gigantic book, but I couldn't get through the whole thing.

54 sats \ 0 replies \ @Bell_curve 22 Jul

Are you a defense lawyer lol

You're right, I'm innocent!

90 sats \ 2 replies \ @freetx 22 Jul

I like Whitney. I find her reports interesting. She is clearly very intelligent. However, she has schizo tendencies of trying to connect too many unconnected threads. Again I'm not saying this to be critical as I like her and think she is a good person.

A summary of her report of JD Vance is this:

JD worked closely with Thiel
Thiel funded his political career
JD also is close to other members of "PayPal mafia"
Theil's software, Palantir, exist to provide data to intelligence community
Palantir is filled with spooks and ex-spooks
Palantir is a continuation of PROMIS software that arose post 9/11
PROMIS itself had its life in Main Core database which was during Iran-Contra affair

Now each of those points is factually correct. However, I don't think that an actual narrative exist....and frankly its a bit absurd to tie JD Vance back to Iran-Contra....I know she is not intending to directly connect those dots, but she implies that they are loosely connected. Its a impressionistic hit piece of sorts....

Now I'm not some JD Vance fanboy as I honestly don't know / care too much about him. From my brief research I like about 70% of what he says, yet I'm strongly against his war mongering against Iran statements.

59 sats \ 0 replies \ @Bell_curve 22 Jul

Iran Contra hearings were in 1986. JD was born in 1984.

JD also left Thiel's company and moved back to Ohio in 2019. Clearly Thiel is trying to control Ohio.

31 sats \ 0 replies \ @siggy47 OP 22 Jul

Very good summary. If I had seen this first I would have an hour of my life back.

14 sats \ 0 replies \ @SpaceHodler 22 Jul

The chair is called a throne.

65 sats \ 2 replies \ @BitcoinAbhi 22 Jul

I don't actually believe this newborn faith of Trump! He was used to crying aloud for Dollar in his last term. Can he now say that dollar is inferior to Bitcoin?

32 sats \ 1 reply \ @siggy47 OP 22 Jul

He's just trying to buy himself some votes. I can't imagine he will have studied enough to convince people at the conference that he's for real.

65 sats \ 0 replies \ @BitcoinAbhi 22 Jul

He can convince uneducated people like him. But he's not gonna convince you and other Stackers from SN for sure!

We can/should only be convinced by his words of he joins us here on SN read all ~Bitcoin_beginners content daily!!

75 sats \ 0 replies \ @nullama 23 Jul

It means nothing. The only thing that matters is that there will be another block in about 10 minutes.

75 sats \ 0 replies \ @Akg10s33 22 Jul

The truth is that politicians, when it comes to gathering votes, promise one thing and when they are already up, they apply something totally different... candidate Trump, now that he is in the political race for the presidency of the United States, suddenly has a positive point of view and pleasant towards Cryptoeconomics... if you ask me I would say that there is something hidden at hand... what we stakers must do is continue acquiring knowledge... and stack up day by day and thus create and strengthen our most powerful accumulated asset for our future.

75 sats \ 0 replies \ @Octopus 22 Jul

Umm trump is speaking a lot about Bitcoin these days

75 sats \ 0 replies \ @Hodladi 22 Jul

He, like all other actor politicians talks alot and everything to gain votes!

So let's see what goes from talk to reality!

Don't be to positive until shit actually happens!

54 sats \ 0 replies \ @ContraMundum 22 Jul

We’ll see if it happens when it’s go time!

54 sats \ 0 replies \ @kilianbuhn 22 Jul

What we can say for sure is that Trump could lead to an unexpected surprise. Maybe in 2 years he suddenly endorses it (without knowing it himself now yet)

54 sats \ 0 replies \ @SevenOfNine 22 Jul

Stop falling for political trappings. Fuck all parties and all politicians. Only we can make this a better world.

21 sats \ 0 replies \ @Satoshi__Nakamoto 22 Jul

https://m.stacker.news/40986

0 sats \ 2 replies \ @Satosora 23 Jul

Yes. Trump can hear the dollar signs, that is why he is latching on to this group. And he can pull a certain amount of votes from them. It has nothing to do with self interest at all lol

20 sats \ 1 reply \ @Bell_curve 23 Jul

Politicians try to raise money from various interest groups, usually like minded. Is he sincere? maybe, maybe not

RFK will also be in Nashville

0 sats \ 0 replies \ @Satosora 23 Jul

Come on, are you really trying to tell me Trump is interested in bitcoin? "If you believe that, I have a bridge I want to sell you."

21 sats \ 0 replies \ @77edb424fc 22 Jul outlawed

stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.

0 sats \ 0 replies \ @5d586573ac 22 Jul outlawed

stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.