244
Trump Turns Bitcoin Into Test of Patriotism
(gizmodo.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 12 Jun 2024
244 points (91.8% liked)
Technology
58180 readers
4722 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
No problem!
Your thinking seems more insightful than mine.
My reasoning that he is mainly after the money is that in the past year he has been paying a lot of legal fees and fines, while trying to run a campaign. He had his NFT collection which made him a quick buck to then immediately floor in value, same for trump media stocks - except they then skyrocketed again, and now flooring again. So.. Just seems like something he'd do.
The 2nd reason is that crypto is a very divisive topic with loads of people hating on it - including banks and some other financial institutions. I'd expect it's a double edged sword for supporters, but maybe he's gaining more from it than losing in terms of votes.
Considering that it's been a few days since he made his statement and there hasn't been massive movement on BTC price, he's either not influential enough to impact it or I was wrong.
/shrug
Yeah, you might have a point. Let's see which scam, electoral or financial, he's trying to pull. Or maybe it's both... I'm guessing things will heat up one way or another as we get closer to the election.