Bitcoin will never be tied to Trump, or even tagged a Donald Trump thing because bitcoin existed long before Donald Trump started showing interest and support, everyone who is informed is aware of this.
Yes, but this is the first year that millions of dollars in campaign donations have been sent to a single US candidate in the name of Bitcoin and crypto.
Americans are now being "informed", by the millions, that Bitcoin=Trump.
Bitcoin does not need Donald Trump or even Biden or VP Harris.
I agree, but so many in the community don't, and feel the need to pump Trump, the Republicans, and the case of a few of the Bitcoin whales, send them millions of dollars.
When that happens, he will be remembered as a convicted criminal who betrayed his country and was extremely nasty to women, people of color, LGBTQ people, immigrants, the disabled, and the half of the Republican party who didn't support him. Trump wishes to criminalize abortion and deport millions of people from the US. Both of these things are extremely unpopular in the US.
Although this is not a political discussion, Biden or even VP Harris are not saints either.
I only point this out to highlight that
roughly half of the USA hates Trump and the Republicans, so from a business standpoint, it's sorta stupid to connect your product to something like that.
Don't both the bolded parts contradict each other? I am for neutrality so I believe we as Bitcoin community should not interfere with any national politics. It will bring a bad taste to the Bitcoin industry if we suck up to government officials and at the end let them control the Bitcoin industry.
Those who are campaigning for Trump here and elsewhere keep stating, over and over, that Biden was bad for Bitcoin. That he was "anti-Bitcoin". That his polices around Bitcoin were somehow terrible.
The evidence contradicts that: if he was so terrible, how did
Bitcoin go up 500% under president Biden?
Even the whole Chinese government were unable to crackdown how bitcoin is in their country, not to talk of a single person in United States.
First of all, Bitcoin is still legal to hold and trade in China. They merely disallowed financial institutions from keeping it on their balance sheet.
Second, the US is not China. Clearly most Bitcoin is held by Americans.
Third, nobody here is talking about "ending Bitcoin" in the sense of the network no longer functioning, but rather Bitcoin becoming as popular (and thus valuable) as it was 14 years ago when only few thousand people invested in it.
The price of Bitcoin depends on American consumer sentiment. That's why the price is as high as it is. You can complain all you want about how uninformed and volatile those consumers are, but "kicking them out" means kicking out about 90% of Bitcoin's market price.
