Please keep political discussion in the Politics and society board, there are already too many political discussions clogging this board up.

Trump Jr. has announced that his family will be entering the cryptocurrency business:

https://cointelegraph.com/news/donald-trump-jr-launching-crypto-platform-take-on-banks

Although the details are still sketchy (which is how they do everything), it's clear that Trump is making a big push into crypto personally.

I have sometimes been called "alarmist" in these forums because I have made predictions about what Trump would do if he wins the presidency. I predicted that Trump would introduce a competitor of Bitcoin, and then use his control of the US government to prop up his platform and pass laws to denigrate existing crypto platforms like Bitcoin.

Well, it looks like my first prediction is about to come true.

Trump already has built-in excuses to come after Bitcoin: he promises to criminalize abortion in the USA, which will require the largest police state created in the USA since the Prohibition in the 1920s (which is how the FBI was invented, for instance). Since Bitcoin and other cryptos can be used to pay for illegal abortions, it will make sense that Americans should be forced to use his "trusted" platform instead of "untrusted" ones like Bitcoin. (And if that excuse doesn't work, they could think of a dozen more).

I would like people to think about what a Trump presidency would mean to Bitcoin and crypto generally.

Trump, a convicted criminal and somebody who has been found guilty of running multiple scams all of his life, will have his own business that competes with Bitcoin and/or the crypto industry, and he will have the full power of the US government to give his own company unfair advantages over competitors. And Trump has demonstrated, over and over again, that he will absolutely use the US presidency to enrich himself at he expense of the American people.

Do you want to compete directly against the President if the United States and his political party with your business? Then by all means vote for Trump.

Trump, a convicted criminal and somebody who has been found guilty of running multiple scams all of his life, will have his own business that competes with Bitcoin and/or the crypto industry, and he will have the full power of the US government to give his own company unfair advantages over competitors. And Trump has demonstrated, over and over again, that he will absolutely use the US presidency to enrich himself at he expense of the American people.

that's basically just your personal opinion, and it hasn't been proven true that what you said will be like that. and from what you said, it seems like you don't really understand us politics, because even though trump can become president, he can't use his power to control the government to support his business, if he really does that then his political opponents will use it as a weapon to attack him and remove him from his position as president. so there's no need to think too negatively about what he does.

that's basically just your personal opinion, and it hasn't been proven true that what you said will be like that. and from what you said, it seems like you don't really understand us politics, because even though trump can become president, he can't use his power to control the government to support his business, if he really does that then his political opponents will use it as a weapon to attack him and remove him from his position as president. so there's no need to think too negatively about what he does.

I can agree is that if Trump, wins he can not use his powers to control the entire government to support his business, I believe that the opposition will speak against it and he can be impeached. We're talking about America, here.

But also I don't think he could do your assumptions since somehow USA prohibits monopoly  https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/single-firm-conduct/monopolization-defined and provably many of his critics will denounce him.

He and his family were already involved with some types of NFT which failed.