Rumor: Trump Will Create a U.S. Bitcoin Strategic Reserve

Discussion in 'Crypto Assets' started by schizo, Jul 21, 2024.

  1. newwurldmn

    newwurldmn

    Gotta have a bitcoin strategic reserve in case the saudis stop shipping bitcoin to the US!
     
    #51     Aug 3, 2024
    Picaso likes this.
  2. gwb-trading

    gwb-trading

    #52     Aug 5, 2024
  3. Great post genius. Trump obviously was responsible for the Nikkei going through a repeat of Black Monday '87.

    People are sheeple... especially when buying into very click-baity websites. :rolleyes:
     
    #53     Aug 5, 2024
    johnarb and jbusse like this.
  4. gwb-trading

    gwb-trading

    How Trump was ‘orange-pilled’ by three bitcoiners in Puerto Rico and the promise of $100 million
    https://www.cnbc.com/2024/08/26/tru...ee-bitcoiners-in-puerto-rico-100-million.html
    • Three friends from Puerto Rico have spent months secretly teaching Donald Trump about bitcoin.
    • Trump has adopted an increasingly pro-crypto stance this year, along with a surge in donations and endorsements.
    • The former president’s embrace of bitcoin and crypto culminated in his keynote address in Nashville, Tennessee, at the biggest bitcoin event of the year.
    A block away from the neon-lit buzz of Lower Broadway, where honky-tonk pours onto the city’s main drag at all hours, stands the Music City Center, a venue that’s hosted everything from craft beer conferences to a performance by the legendary Dolly Parton.

    In late July, the complex filled up for something entirely different. It was the biggest bitcoin conference of the year, and the headline act was none other than former President Donald Trump.

    For nearly 50 minutes on a Saturday afternoon in the country music capital, the Republican nominee for president extolled the virtues of bitcoin and spelled out what a second Trump administration would mean for the crypto industry to a packed crowd of conferencegoers who’d spent hours getting through the Secret Service’s tight security protocol.

    “If crypto is going to define the future, I want it to be mined, minted and made in the USA,” Trump declared, in a message targeted to the industry’s bitcoin miners, who secure the network by running large banks of high-powered machines. “We will be creating so much electricity that you’ll be saying, ‘Please, please, President, we don’t want any more electricity. We can’t stand it!’”

    The speech, which read like it was straight out of a bitcoiner’s bible, was quite the about-face for an ex-president who three years earlier had dismissed the cryptocurrency as a “scam.” Trump was, no doubt, lured by the potential of huge amounts of donor money from an industry that sees itself as under constant attack from the Biden-Harris administration and the heavy regulatory hand of SEC Chair Gary Gensler.

    Trump told the audience in Nashville that he’d raised $25 million in crypto-related funds, a number that CNBC hasn’t been able to independently verify.

    Turning Trump from a skeptic into a sudden bitcoin evangelist took the work, behind closed doors, of a small army of bitcoiners and other crypto advocates who were able to maneuver their way into the candidate’s inner circle. In particular, three friends in Puerto Rico came together to try and convince the Republican presidential hopeful of bitcoin’s value, and to eventually make that position loud and clear to a key audience in Nashville.

    (Much more at above url)
     
    #54     Aug 26, 2024
  5. Pekelo

    Pekelo



    And this is how we know the story is a lie. You can't teach him anything. If there was an influence it was his son's Baron's. And the promise of big money.
     
    #55     Aug 27, 2024
  6. gwb-trading

    gwb-trading

    #56     Sep 11, 2024
  7. gwb-trading

    gwb-trading

    #57     Sep 14, 2024
  8. gwb-trading

    gwb-trading

    #58     Sep 17, 2024