We do not control USD.
“Bitcoin mining may be our last line of defense against a CBDC [Central Bank Digital Currency],” Trump said in a Truth Social post Tuesday.
lol, no shot he wrote this.
He did just have a fund raiser in SF with some billionaire crypto bros…so he may not have
He probably can’t even read it. “Man. Woman. Camera. CBDC.”
there was a time when conspiracy loons would fearmonger about “digital currency” and “cashless society” and yet here we are…
Yes, here were are with digital currency. No need for quotes.
They still are.
Bitcoin mining may be our last line of defense against a CBDC [Central Bank Digital Currency],” Trump said in a Truth Social post Tuesday
Don’t use the imaginary digital currency made by the deep state. Use this specific digital currency that I have a huge financial interest in!
This dude probably has a much bigger stake in USD than BTC. The main difference is that USD always loses value.
Bitcoin it’s nothing else than the way the west it’s fighting against the Chinese economy, it’s just making money anonymously where there is no money. Better than using the classic central bank method.
This is somewhat of a conspiracy theory but I’m surprised it’s not a more popular conspiracy theory. I’ve always had the suspicion that crypto is an op by cia/nsa or like japan or somebody.
What’s better to sustain a fake economy than a mechanism to make money from nowhere anonymously? I mean isn’t like someone will push a button and do it, it’s more like the bigger owners of bitcoin are a handful of people/corps and they can easily coordinate their actions to manipulate the value. WO mention it trading on the stock market…
Everybody sell. You know how you can’t really tell when a stock is going to tank? Well, this time it’s like we’re doing economics with training wheels. You won’t get hurt, and you can see what’s coming. You just gotta sell now before the floor drops out.
Scammers gonna scam.
But what if the bitcoin is made on an electric boat that is being attacked by sharks?
Oh yeah. I remember this episode of Mr. Robot
Trump said in a Truth Social post Tuesday. “Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!”
Didn’t COMMUNIST China ban it mostly because it was putting strain on their grid? Not sure how wasting states worth of electricity to fuel a glorified ponzi scheme is going to help with energy dominance but who am I to question the self-proclaimed genius.
Yeah it’s telling that this grifter is talking about Bitcoin when most other cryptos are massively more efficient. Even within crypto bitcoin is an obsolete technology. This is more for the like coal sector than crypto.
I just… I… what goes through this man’s head? Why is literally every sentence he spews completed bullshit? And why do so many people fall for it?
The broad masses of a nation […] more readily fall victims to the big lie than the small lie
he’s propped up by like 7 billionaires with media companies and a lot of editing.
Yes, some of the biggest crypto providers are de facto chinese. They trade big time, always have. When techno idealists in the west were still discussing Bitcoin as a free currency over a decade ago, china already ran gigantic crypto miner farms and saw it only as a speculative asset. They knew from the very first day it‘s not about using crypto, but making money trading and holding it.
Just tell him the only way to mine it is with windmill power. He’ll change his tune.
They banned exchanges because people were able to move their wealth out of China
“Bitcoin mining may be our last line of defense against a CBDC [Central Bank Digital Currency],” Trump said in a Truth Social post Tuesday. “Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!”
I love using social media, but I sure miss the politics of the pre-social-media era. The craziness levels were considerably lower.
I agree with you, but then I just thought of the political eras that gave us Nazis, Stalin and the gulags, Mao and the Cultural Revolution and thought hmm politics could be crazy before, also.
Wait so the play is to make us push bitcoin BECAUSE its a huge energy hog to float fossil fuels prices UP?
Honestly wtf kind of policy is this?
Like at least white nationalist pull in 2016 was pretty clear cut, but who the hell is that even for? Like what chud libertarian wants to see the government artificial increase energy prices?
Make me some money!!
Its trump. He bankrupted THREE casinos. And you trust THIS GUY to make you money???
he couldn’t even hide an affair.
If they buy crypto like his bumper stickers I will make money. It’s not like the stock market and crypto aren’t already played out by rich people playing games. It’s just another corrupt rise on the chart it will all always crash. (Not an endorsement… I already have crypto.)
This post reminded me that I also still had Bitcoin that I wanted to swap for Monero. Think I’m gonna wait a bit for the Trump supporters to buy in, they’ll just do whatever he says without a second thought.
Bet Trump has moved campaign money to buying bitcoin through some shady investment vehicle.
It’s like trying to watch a 5 year old lie about eatching chocolate, when theres chocolate on their nose.
It would be funny and adorable if he weren’t so hateful and racist, with real world consequences.
If this is a move to commit dark money campaign fraud again before his sentencing on the last case of it is even done I would want to see a live reaction of the judge when he hears that
Don’t think anyone is all that surprised by the depths of Trump’s corruption at this point.
So…which government got his claws in him this time? Taking all bets.
He must have had some girl pee on him in El Salvador.
“Don’t use Bitcoins! They are EVIL! Give them to me, I’ll take care of them!”
its a flexible valuation he can manipulate with words and far less regulation. makes sense for a public con artist
Almost like he learned from Musk and his manipulation of Dogecoin or whatever
This is it. He had a taste of pump and dump securities fraud with the SPAC. He has spotted a new scam.