That sounds too good to be true. I guess that this is nothing more than his populism

I agree. Can't trust none of these big money players not to be playin dirty pool behind the scenes.  Just is what it is.

I vaguely recall Trump issuing NFTs in his name. Regardless, creating his own currency would be a trivial matter. Heck, with Haypenny, you can do it in five minutes or less (although some person has already claimed Trump as a currency there already).



He's not even in the top 1000 richest in the world, and the fact that he spent most of his time in his first term stealing relatively small amounts of money from the US Federal government shows that his primary focus is enriching himself, even if its only a few million dollars.

Trump knows that, had he only put the money his father gave him in the bank, he would be worth many times what he is worth today. That surely makes him feel very ashamed: all he ever was is a spoiled rich kid who spend some of his father's money. Success for somebody like Trump is being richer than Elon Musk or Bill Gates, not being #1242 on the world's richest list.

And Trump creating his own coin and pumping it using the power of the US federal government is a fairly clear path to him becoming the world's first trillionaire, which would be rather tantalizing for somebody like him.

When Elon tweets doge/bitcoin, accept bitcoin for his teslas; nobody said he is using crypto to gain popularity.  Michael Saylor is doing the same thing every day. He talks like he belongs to a crypto cult. Companies add "blockchain" to their names and they get pumped in the stock market immediately.

When Trump does the same thing, suddenly it is the end of the world.

Why don't Biden do the same thing if it is such a shortcut to victory? He can join some other Bitcoin conference and talk there.

Wait a minute... He has nothing to say.

And I don't think that's possible either, Trump is just hyping things up about bitcoin to attract more attention from crypto investors as well as for his political purposes. Even if he really wants to do this, he will face huge challenges from Congress, the Fed...In short, this will not be easy to do.
I also support Trump because if he is elected, it will have a positive impact on the cryptocurrency market and investors like us will benefit. But I like reality, not fantasy, so not only is this a bad idea, it won't happen.

I don't know where people get all these ideas from, but I wrote somewhere before (perhaps on another forum) that after all the promises he has already made, Trump may declare Bitcoin to be legal tender in the US. Of course, that doesn't make any sense, because no matter who the president of the US is, some policies will never change - and during his last term, Trump stood behind the policy of defending the USD by all possible means.

It is tragic that people think that Trump will help them get rich by doing something with BTC, without even thinking about the consequences of his policies for the whole world.

It doesn't make sense to me that a country like the US, which is a global superpower and wants to keep the USD number one currency, will save strategic reserves in Bitcoin. Besides being an asset, Bitcoin is a currency and a competitor of the USD. Also, how can a country like the US can risk saving strategic reserves in a currency that they don't control and have no idea who created it? If Satoshi awakes tomorrow and transfers his coin, what is the US going to do? Their strategic reserves can be in a huge trouble if Satoshi wakes up or something similar happens.

Riches have psychological problems with money. They have all the money, the amount that they and their generation will never be able to spend but still crave it like beggars.

Yeah, that's a red flag but I don't understand why Germany sold everything in such a market. BlackRock is buying and Germany sells? That doesn't make Germany smart, only the opposite.
Btw the USA fighting Binance while working on Bitcoin ETF approval, which says everything about their dirty games.

Having something like this would definitely help USA, but at the same time I am not sure if they would even consider it, because it could cause some precedent and they would not like to have that. Because if the USA does it, then what stops other nations to do it as well? They may do that and I think that is why they can't. Trump may "want" to, but the good side about USA is that president can't do whatever he wants, he has some powers, but not unlimited powers. This means that if he wants to have crypto reserves, and other powers says no, then he can't have it. We will of course end up seeing what happens, maybe they would all come together and agree that its a good idea. To be fair its a good idea, but could make USD a bit weaker, that's why I am not sure, not like they will have too much USD in reserve, they use it, so bitcoin could be a fine addition to their situation.

I don't believe it. It looks a rumour used by speculators to boost Bitcoin price right now. If so, it's a dumb idea, because as soon as the rumour doesn't confirm itself, the tendency is that the discovery of the lie reflects over Bitcoin price negatively.

Trump is endorsing Bitcoin during the campaign because he hopes to fortify US economy by bringing crypto companies and entrepreneurs to north american territory, so the government can raise its income in dollar currency! He always let very clear his focus and concern is to strength dollar currency! Bitcoin is a potential tool he may try using for that purpose. Nothing else.