Price drops as Trump speaks \ stacker news ~bitcoin

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756 sats \ 53 comments \ @frostdragon 27 Jul bitcoin

Anyone hear Trump say “let’s be nice to them at least until the election is over”?

This speech is an absolute insult to the bitcoin community. Mentioning bitcoin and crypto in the same sentence was such an easy to not do, and it really feels like the people cheering at the conference were already MAGA. Doesn’t seem like it would have been that hard to include some legitimate talking points.

The single upside is supporting the right to self custody, and of course the slight discount.

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235 sats \ 7 replies \ @kepford 27 Jul

I'll just say this. If I were a statist bitcoiner. I would be voting for Trump.

I think bitcoiners need to stop pretending we are going to convince the masses into being weird analytical libertarians and anarchists. That isn't happening. Not ever. Our brains work differently.

What is happening right now in bitcoin at this conference is just the next step in bitcoin ascendance. I think many think getting governments to be our friends is the goal. It isn't. Obsoleting them and their fiat is the destination. This phase is just a bus stop we have to make.

The game theory will play out. If Trump wins and then is replaced in 4 years we could see any promises he keeps reversed. This will be a lesson for many. We have a long way to go as a species. We that get it need to start acting like leaders, not followers, or complainers.

55 sats \ 6 replies \ @Bell_curve 27 Jul

The game theory will play out. If Trump wins and then is replaced in 4 years we could see any promises he keeps reversed. This will be a lesson for many. We have a long way to go as a species. We that get it need to start acting like leaders, not followers, or complainers.

How many people are acting like leaders or sovereign individuals? 10 million?

90 sats \ 5 replies \ @kepford 27 Jul

Pffft. I have no idea but no way it is that large of a number. Honestly, to me it doesn't matter.

What matters is, am I becoming more of what I should be.

76 sats \ 1 reply \ @Undisciplined 27 Jul

What matters is, am I becoming more of what I should be.

We've got a regular Albert Jay Nock on our hands. I love it.

63 sats \ 0 replies \ @kepford 27 Jul

Just being honest.

55 sats \ 2 replies \ @Bell_curve 27 Jul

but it's so much easier to change others than yourself lol

21 sats \ 1 reply \ @kepford 27 Jul

lol. Hows that going for ya.

55 sats \ 0 replies \ @Bell_curve 27 Jul

One percent success rate!

Glass is one percent full

112 sats \ 10 replies \ @grayruby 27 Jul

Very weak speech. Disappointing.

402 sats \ 4 replies \ @kepford 27 Jul

What were you expecting lol. You've heard him speak before right?

Honestly its pretty much what I expected. The fact that this is the front running candidate says more about the state of the US than it does about him or the bitcoin community.

96 sats \ 1 reply \ @siggy47 27 Jul

Very true. It just reinforces for me that we are on our own. It's nuts to think these clowns are going to help. That being said, even by his standards, wasn't he particularly cringe today?

128 sats \ 0 replies \ @kepford 27 Jul

Not really. Maybe I don't pay enough attention. He's always cringe to me. But, he's funnier than most of these clowns.

I cringe at ANY politician. My wife can't watch a speech with me. Any time these guys act like I need them... I want to turn my back.

0 sats \ 1 reply \ @grayruby 27 Jul

I thought he would stick to the talking points rather than rambling about things no one cared about but Trump can't not ramble.

20 sats \ 0 replies \ @jgbtc 28 Jul

So much rambling. The actual substance was about 3 to 5 minutes total tops. The rest was babbling.

83 sats \ 1 reply \ @siggy47 27 Jul

You're being kind.

75 sats \ 0 replies \ @JesseJames 27 Jul

What he said ^^^

41 sats \ 0 replies \ @riberet19 27 Jul

I really didn't expect more from him either, if I saw his talk at the conference it was to laugh, and the guy almost got it.

20 sats \ 0 replies \ @Bell_curve 27 Jul

The future belongs to those who show up

20 sats \ 0 replies \ @oliverweiss 27 Jul

Honestly, like many other speeches… he is dumb.

237 sats \ 2 replies \ @freetx 27 Jul

It was a typical politician pandering for votes speech. He didn't offer any new L2 solutions. It was ho-hum....

However, you are forgetting how this is viewed by Average Joe.

This is what average joe sees:

https://m.stacker.news/42003

42 sats \ 0 replies \ @siggy47 27 Jul

Good perspective

0 sats \ 0 replies \ @Bell_curve 27 Jul

I wasn't expecting L2 solutions like lightning, cashu, ecash, fedimint, liquid and boltz swaps

42 sats \ 0 replies \ @Satosora 27 Jul

@frostdragon, Its been a while. As I said earlier, he is just trying to buy your votes with empty promises. He didnt prepare much for this speech, I just felt he hit some points that were starred for him.

93 sats \ 1 reply \ @siggy47 27 Jul

I should have set up a drinking game. Do a shot every time he says crypto.

54 sats \ 0 replies \ @c137Heather 28 Jul

Do a shot every time he said China

83 sats \ 5 replies \ @siggy47 27 Jul

He just took over the bitcoin conference and made it a MAGA rally.

75 sats \ 2 replies \ @grayruby 27 Jul

He seems surprised by not getting the normal reaction he does.

116 sats \ 1 reply \ @frostdragon OP 27 Jul

Loved the silence after mentioning stablecoins

77 sats \ 0 replies \ @kepford 27 Jul

Yep. That was funny.

Dude doesn't understand bitcoin. I mean, he's not really pretending he does. He has people around him that do to an extent. But many are pro crypto and pro stable coin.

90 sats \ 1 reply \ @Bell_curve 27 Jul

Best part of his speech was to commute the sentence of Ross Ulbricht

21 sats \ 0 replies \ @siggy47 27 Jul

Definitely. If he really does it I'll give him credit. If he changes his mind for some contrived reason, I won't be shocked.

10 sats \ 2 replies \ @Bell_curve 27 Jul

Dave Smith

21 sats \ 1 reply \ @_stacktoshi 27 Jul

That's who we need to drain the swamp.

0 sats \ 0 replies \ @Bell_curve 27 Jul

maybe in the future

54 sats \ 0 replies \ @kepford 27 Jul

My hot take on the price.

Price dropped (now recovered) largely due to the fact most bitcoiners were busy watching his "speech" and not trading.

This day was significant regardless of what you think of Trump. Even those of you that hate him probably watched. Those that aren't gonna vote like myself probably watched it. Its like a car crash. You can't look away. We all hope Ross is freed. We all hope bitcoin devs are not prosecuted. The stronger bitcoiners are. The harder we are to fool. The more wealth we have. The harder these clowns will pander to us.

Don't be a political slut. Have some self respect. Vote or don't. But don't be a fool. He's not one of us. But also, today was a big deal. There will be much bigger days but this was historic.

ps: We see many statist showing their colors. That's fine. We aren't the majority. Most people are statists. Don't be surprised by this.

34 sats \ 0 replies \ @random_ 27 Jul

Who is Jordi and why did he get called to exit?

47 sats \ 0 replies \ @frostdragon OP 27 Jul

Saying we know inflation better than anyone and then trying to blame all inflation on Biden is such a great bit

21 sats \ 1 reply \ @JesseJames 27 Jul

To the new Prez, I would say. STFU, don't stand in a way, that's all we need from ya, do not interfere. :-)

0 sats \ 0 replies \ @Bell_curve 27 Jul

exactly

and free Ross

21 sats \ 0 replies \ @riberet19 27 Jul

He should have talked more about the philosophical point of Bitcoin, but of course this perhaps did not interest him so much.

21 sats \ 0 replies \ @Msd0457890 27 Jul

You don't convince me Trump, I really expected more from you and your speech.

0 sats \ 0 replies \ @jgbtc 28 Jul

With all those politicians there, the only thing anyone should have talked about is eliminating the BSA and all other AML/KYC laws. All the talk about supporting bitcoin and innovation is meaningless as long as these horrible laws are on the books. As far as I know nobody brought this up.

0 sats \ 0 replies \ @jerrybature 28 Jul

MAGAs are bitcoiners. Bitcoiners are not MAGAs. Bitcoin is great already. Bitcoin doesn't need MAGAs, instead, MAGAs need bitcoin.

0 sats \ 0 replies \ @Satoshi__Nakamoto 28 Jul

Thanks for the summary

0 sats \ 0 replies \ @iam_jerry 28 Jul

The MAGA's are also bitcoiners. They are at liberty to support Trump with bitcoin. But what they can't do is control Bitcoin or other bitcoiners.

0 sats \ 0 replies \ @IamSINGLE 28 Jul

Yes, it sounded like an insult. But let's pardon the noob in Trump! At least he talks about Bitcoin.

0 sats \ 0 replies \ @BitcoinAbhi 28 Jul

Waa the price drop due to 'Trump Saying Crypto, crypto, digital assets and like that? If that's the case, it should not rise before. We already knew that Trump is a noob Bitcoiner and he needs to learn a lot. May be next 5 years will make him a pro and then he will refrain from these anti-bitcoin words

0 sats \ 0 replies \ @Bell_curve 28 Jul

Let's not forget the Biden executive order to tax miners with a 30 percent electricity excise tax

#172814

I know voters have short memories. I would hope that SN users don't have short memories but I'm also realistic

0 sats \ 0 replies \ @037aef6755 28 Jul

Recently, our state's income has decreased after we introduced a tax on air. You began to breathe less - this is outrageous!

0 sats \ 0 replies \ @Turdinthepunchbowl 27 Jul

That was pretty damn difficult to watch. Just rambling. I understand he wasn't going to be getting technical and detailed... But crypto crypto crypto, and all sort of nonsense unrelated at all to the conference.

0 sats \ 0 replies \ @Octopus 28 Jul outlawed

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

0 sats \ 0 replies \ @5e5d0604a5 28 Jul outlawed

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

0 sats \ 0 replies \ @037aef6755 28 Jul

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