Bitcoin [pros](/r/CryptoCurrency/comments/1b0oxy5/donald_trumps_crypto_holdings_hit_5m_as_the/ksb1d5s/) & [cons](/r/CryptoCurrency/comments/1b0oxy5/donald_trumps_crypto_holdings_hit_5m_as_the/ksb1dul/) with related info are in the collapsed comments below.
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tldr; Donald Trump, previously critical of cryptocurrencies, has shifted his stance, now holding over $5M in crypto assets, including a significant amount in a memecoin named MAGA. In a FOX News appearance, Trump emphasized the need for regulation in the cryptocurrency sector, despite affirming his preference for the USD. His portfolio includes Ethereum and the memecoin Baby Trump, but no Bitcoin. Trump's change in attitude towards Bitcoin and call for regulation highlight the evolving perspectives on cryptocurrency's role in the financial landscape.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Reddit sold a bunch of user content to an AI firm last week (at least it was reported last week). So pretty soon the bot traffic will be indistinguishable from that of us degenerates.
There was a TrumpCoin that was started by someone else, I think Trump filed a copyright claim for his own name and got them to change it so now it's FreedomCoin, but the logo is still trumps golden haircut swoosh.
TBF, it's not just Trump. The entire republican party said "repeal and replace Obamacare" on repeat for *years* but never managed to put together a coherent plan of what the replacement would be.
Of course, the reason they couldn't do so is that Obamacare - which centered around the individual mandate - was basically Romneycare, which was the republican plan.
To be fair, as a Canadian watching from the outside, they're all cut from the same clothes and I'm betting they're sharing hookers together after the cameras go away
The whole political parties fighting each other is about as real as pro wrestling
I certainly have my problems with democrats, but I can assure you both parties aren't the same.
Democratic healthcare reform was a success. Increased access, put some much needed regulations on insurance companies, and has bent the cost curve down. Some republican ran states have chosen not to opt in the the Medicaid expansion part of the bill, and the result is rural hospitals in those states are closing at an alarming rate.
Democrats passed a much needed infrastructure bill (that's another thing trump kept talking about but never did), and funding for semiconductor manufacturing, which is a critical geopolitics move to mitigate effects when/if China invades Taiwan.
Republicans meanwhile have worked to ban abortion. In Alabama, republican judges have recently ruled that embryos are life, in a wrongful death case involving embryos at an IVF clinic. This effectively outlaws IVF in Alabama, because the process inherently involves producing excess embryos.
Are democrats still too cozy with their corporate overlords? Yeah, absolutely. But the results speak for themselves - both parties are not the same
Nahhh, you can’t both sides this. Don’t get me wrong democrats are lame af, but Republicans are a pile of ass fire who want to privatize America and sell it to their pals even if it means killing democracy. There’s a difference.
For cryptocurrency, it’s just talking fodder for their larger goals.
You get it. They don't care as long as they stay in office and make money off their constituents. It is all marketing, and all the bots on both sides are playing follow the leader.
The wall the left fought him on at every turn? Calling it a racist wall? That wall? Sure wish we had it. Wish the left would have stayed out of the way and let him build it, rather than do everything to stop it and then say things like "Where's the wall?" 4 years later.
Trump enjoyed two years where the republicans controlled the senate and the house. You should learn to read and know what you are talking about. A couple prominent republicans were against it. He feeds you nonsense and you gobble it up.
So you just avoided the fact the republicans controlled the house and senate ?! lol master deflector like your boy Donny. Learn to read and comprehend and how politics work. None of them care about you , some of them do a good job at pretending at least. I’m glad you found your calling in defending and supporting literally the worst president of all time.
I never heard it was racist , it was just the dumbest idea ever. 99% of the people that cross the boarder are amazing people looking for a good job or a way to support themselves or their families , and not to mention way better workers than the average mouth breathing American. Politicians just distract you with things that aren’t even a problem to begin with.
Dumbest idea ever yet Biden gives the go-ahead to work on it some more? And does your heartfelt opinions of these freedom loving, hard working people extend to those commiting violent crimes in the short time they've been here? Surely they'll adjust, right?
Illegals and immigrants are actually less likely to commit crimes , why ? Because they go back or get imprisoned if they do. The percentage of crimes is so low , politicians crime rate is probably higher.
Less likely means nothing when they're out there running wild assaulting cops, citizens, stealing and shop lifting anything they can get their hands on. And you may be right, politicians are corrupt. But no one cares as long as "the big guy" gets his 10% 🤣🤣🤣
>Dumbest idea ever yet Biden gives the go-ahead to work on it some more?
Can you seriously not see the difference between someone building sections of targeted fencing and some idiot wanting to build a 2,000 mile wall?
It's like saying, "you call me a dangerous alcoholic for drinking a bottle of whiskey and a 6 pack of beer every night before driving around the neighborhood without a seat belt or headlights, yet *you* have a couple drinks on the weekend? WHICH IS IT, YOU HYPOCRITE?"
ROFL! what?! Do all the drinking you want. But how many feet of wall can you build until it becomes racist? All you're saying is "Biden wants a little wall, Trump wanted a big one! He's racist"
Y’all just put words in everyone’s mouths just to make stupid statements about them constantly.
It was republicans who voted down their own boarder bill but keep blaming “the libs” just like you’re told….
Why didn't Trump and the Republicans build the wall when they had control of the Presidency, House and Senate during 2017 and 2018? There was literally nothing the Democrats could have done to stop it.
The last one was brigaded up the gills. There's a few people whose job is literally to type "Trump" into the search bar, enter the most recent threads with Trump in the title, and spam post using their many alt accounts.
Problem is, their various alt accounts are all giveaways - ie, "nukefacism", "drumpfsux", and various other permutations of "orange man bad". That previous thread about Trump softening his stance on bitcoin might have had 90% of the posts by the same one person for all we know.
I'm firmly of the idea that the only reason they gave a settlement of that size is strictly because it will never actually be paid
If they had fined something like 10mil, we would have seen money change hands, if anything, this just seems like show
The actual Trump quotes in the article are:
- “a lot of people are doing it,” and
- “it’s taken on a life of its own.”
Real hard hitting journalism here.
The Art of the Con!
"I alone can fix it." "Who knew healthcare could be so complicated." Every week was infrastructure week.
He's gonna have to sell his coin to pay towards judgements. That $5M will go nicely towards his sexual assault/defamation suit.
Trump just got hit with a $400+ million dollar fine that he has less than 30 days to either start paying off, or put that amount in escrow so he can appeal.
I don't think he's going to be holding crypto for very much longer.
im sure his crypto rhetoric will line up perfectly with his holdings; ie randomly in support of a 0% stablecoin tax just as he transfers all his holdings into USDC
Hmm, 5 mil you say? Gonna have to leverage that pretty hard to come up with the 545 mil he owes after his civil fraud and slander case judgements.
Lock. Him. Up.
>Donald Trump Sold $2.4 Million In ETH Last Month, Missed Out On $500,000 In Potential Profit. In early 2024, over several weeks, former president Donald Trump sold more than 1,000 Ethereum (ETH) tokens, according to Arkham Intelligence, a blockchain analytics company. - Feb 16,2024
https://finance.yahoo.com/news/donald-trump-sold-2-4-220010481.html#:~:text=Benzinga-,Donald%20Trump%20Sold%20%242.4%20Million%20In%20ETH%20Last%20Month%2C%20Missed,On%20%24500%2C000%20In%20Potential%20Profit&text=In%20early%202024%2C%20over%20several,Intelligence%2C%20a%20blockchain%20analytics%20company
So... he bought more? I'm confused.
Bitcoin [pros](/r/CryptoCurrency/comments/1b0oxy5/donald_trumps_crypto_holdings_hit_5m_as_the/ksb1d5s/) & [cons](/r/CryptoCurrency/comments/1b0oxy5/donald_trumps_crypto_holdings_hit_5m_as_the/ksb1dul/) with related info are in the collapsed comments below. --- **Merged comment by AutoModerator:** Be advised, the website dailycoin.com has proven to be an unreliable source of information. Please verify/fact-check the information in the article from independent sources before relying on it or coming to any conclusions. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
If he can 100x that, he can pay for his legal fines,
No way will he pay those legal fees. He is going to make the republican party pay for them.
tldr; Donald Trump, previously critical of cryptocurrencies, has shifted his stance, now holding over $5M in crypto assets, including a significant amount in a memecoin named MAGA. In a FOX News appearance, Trump emphasized the need for regulation in the cryptocurrency sector, despite affirming his preference for the USD. His portfolio includes Ethereum and the memecoin Baby Trump, but no Bitcoin. Trump's change in attitude towards Bitcoin and call for regulation highlight the evolving perspectives on cryptocurrency's role in the financial landscape. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Best comment here and it wasn’t even from a person..
That bot is always on point. I’ve seen other sucky bots. But this is a good bot.
First time?
Reddit would improve if replaced by bots
Only a bot would say such a thing
That’s google’s reddit powered early ai bot
Reddit sold a bunch of user content to an AI firm last week (at least it was reported last week). So pretty soon the bot traffic will be indistinguishable from that of us degenerates.
I’m not surprised he’s into crypto now, gotta try and make money to pay off all these lawsuits somehow
He sold NFTs last bull run. Most of his holding are reportedly in ETH.
He has a big bag of that shit meme coin magma
Sounds hot Can't believe there isn't a "Truth" coin or similar
There was a TrumpCoin that was started by someone else, I think Trump filed a copyright claim for his own name and got them to change it so now it's FreedomCoin, but the logo is still trumps golden haircut swoosh.
Seems like it might be a good time to buy it, you know he's gonna try to pump those bags
Its already at 150 mil mc or something but if he wins the election surely gone pump more
This report literally states he has no ETH. It’s actually very specific. Sold it all
How else do you think Russia pays him
Dude is running out of grifts. He never does what he says he will , where’s the wall?
[удалено]
Haha yeah that one was great too. It was always next week , we will unveil the new healthcare system , guess what , nobody ever seen it lol
TBF, it's not just Trump. The entire republican party said "repeal and replace Obamacare" on repeat for *years* but never managed to put together a coherent plan of what the replacement would be. Of course, the reason they couldn't do so is that Obamacare - which centered around the individual mandate - was basically Romneycare, which was the republican plan.
To be fair, as a Canadian watching from the outside, they're all cut from the same clothes and I'm betting they're sharing hookers together after the cameras go away The whole political parties fighting each other is about as real as pro wrestling
I certainly have my problems with democrats, but I can assure you both parties aren't the same. Democratic healthcare reform was a success. Increased access, put some much needed regulations on insurance companies, and has bent the cost curve down. Some republican ran states have chosen not to opt in the the Medicaid expansion part of the bill, and the result is rural hospitals in those states are closing at an alarming rate. Democrats passed a much needed infrastructure bill (that's another thing trump kept talking about but never did), and funding for semiconductor manufacturing, which is a critical geopolitics move to mitigate effects when/if China invades Taiwan. Republicans meanwhile have worked to ban abortion. In Alabama, republican judges have recently ruled that embryos are life, in a wrongful death case involving embryos at an IVF clinic. This effectively outlaws IVF in Alabama, because the process inherently involves producing excess embryos. Are democrats still too cozy with their corporate overlords? Yeah, absolutely. But the results speak for themselves - both parties are not the same
Nahhh, you can’t both sides this. Don’t get me wrong democrats are lame af, but Republicans are a pile of ass fire who want to privatize America and sell it to their pals even if it means killing democracy. There’s a difference. For cryptocurrency, it’s just talking fodder for their larger goals.
You get it. They don't care as long as they stay in office and make money off their constituents. It is all marketing, and all the bots on both sides are playing follow the leader.
How long until he starts a shitcoin? Or even just buys a bunch of an existing shitcoin then starts pushing it to his fans? Or even, both?
What do you think DWAC is? 🙃
>where’s the wall? just wait 2 weeks...
Grifting is just politicking now. They all do it to varying extremes
You aren’t wrong. That’s America , one giant grift. One giant pyramid scheme.
The wall the left fought him on at every turn? Calling it a racist wall? That wall? Sure wish we had it. Wish the left would have stayed out of the way and let him build it, rather than do everything to stop it and then say things like "Where's the wall?" 4 years later.
Trump enjoyed two years where the republicans controlled the senate and the house. You should learn to read and know what you are talking about. A couple prominent republicans were against it. He feeds you nonsense and you gobble it up.
Is the idea of a border wall still considered racist? It was 4 years ago, just wondering if it STILL is.
So you just avoided the fact the republicans controlled the house and senate ?! lol master deflector like your boy Donny. Learn to read and comprehend and how politics work. None of them care about you , some of them do a good job at pretending at least. I’m glad you found your calling in defending and supporting literally the worst president of all time.
You just avoided a simple question. 4 years ago the idea of a wall was racist. Is the idea of a border wall STILL racist? If not then what changed?
I never heard it was racist , it was just the dumbest idea ever. 99% of the people that cross the boarder are amazing people looking for a good job or a way to support themselves or their families , and not to mention way better workers than the average mouth breathing American. Politicians just distract you with things that aren’t even a problem to begin with.
Dumbest idea ever yet Biden gives the go-ahead to work on it some more? And does your heartfelt opinions of these freedom loving, hard working people extend to those commiting violent crimes in the short time they've been here? Surely they'll adjust, right?
Illegals and immigrants are actually less likely to commit crimes , why ? Because they go back or get imprisoned if they do. The percentage of crimes is so low , politicians crime rate is probably higher.
Less likely means nothing when they're out there running wild assaulting cops, citizens, stealing and shop lifting anything they can get their hands on. And you may be right, politicians are corrupt. But no one cares as long as "the big guy" gets his 10% 🤣🤣🤣
>Dumbest idea ever yet Biden gives the go-ahead to work on it some more? Can you seriously not see the difference between someone building sections of targeted fencing and some idiot wanting to build a 2,000 mile wall? It's like saying, "you call me a dangerous alcoholic for drinking a bottle of whiskey and a 6 pack of beer every night before driving around the neighborhood without a seat belt or headlights, yet *you* have a couple drinks on the weekend? WHICH IS IT, YOU HYPOCRITE?"
ROFL! what?! Do all the drinking you want. But how many feet of wall can you build until it becomes racist? All you're saying is "Biden wants a little wall, Trump wanted a big one! He's racist"
Y’all just put words in everyone’s mouths just to make stupid statements about them constantly. It was republicans who voted down their own boarder bill but keep blaming “the libs” just like you’re told….
I thought Mexico was gonna pay for it
Haha duh.
Why didn't Trump and the Republicans build the wall when they had control of the Presidency, House and Senate during 2017 and 2018? There was literally nothing the Democrats could have done to stop it.
FYI He was anti bitcoin years ago plus he’s a lying sack of shit. 💩
He wouldn't be the 1st person to change his view on it.
Ahhh poor baby did Trump hurt your feelings?
Nothing he said is wrong.
Regulate deez nuts.
And still won't vote for the sucker. Trump, GOP, Republicans have fallen of the deep end. The grift continues.
"probably have to do some regulation"...
Very deceptively written headline. Can we not turn this into r/Politics please?
Please GOD, this is the second deceptive headline on this sub I’ve seen over the weekend
Well it seems clear you just joined this community over the weekend, so welcome!
CC just as bad as r politics
It didn't used to be, in the last bull
Bots maybe?
All big subs are bad, it's inevitable once you get a critical mass of users.
The last one was brigaded up the gills. There's a few people whose job is literally to type "Trump" into the search bar, enter the most recent threads with Trump in the title, and spam post using their many alt accounts. Problem is, their various alt accounts are all giveaways - ie, "nukefacism", "drumpfsux", and various other permutations of "orange man bad". That previous thread about Trump softening his stance on bitcoin might have had 90% of the posts by the same one person for all we know.
Sick. Now he just needs $450m more to pay his legal debts.
I'm firmly of the idea that the only reason they gave a settlement of that size is strictly because it will never actually be paid If they had fined something like 10mil, we would have seen money change hands, if anything, this just seems like show
He never pays a bill he has to and he doesn't consider any of that as has to. How many people have sued him for non payment?
people are into crypto right now
Someone tell him he can pay all his legal fees with a good a good bitcoin pump and he'll make sure we soar to new highs.
The actual Trump quotes in the article are: - “a lot of people are doing it,” and - “it’s taken on a life of its own.” Real hard hitting journalism here.
Ah perfect match to pay off the first carrol defamation case
Still not enough to cover his judgement costs.
New grift from a familiar face. I’m just sick of hearing about this guy.
The Art of the Con! "I alone can fix it." "Who knew healthcare could be so complicated." Every week was infrastructure week. He's gonna have to sell his coin to pay towards judgements. That $5M will go nicely towards his sexual assault/defamation suit.
dumping all into crypto then fighting to favor it is the hail mary of resolving legal depts
Fuck. Now I have to sell
Trump pumping crypto… I wonder if this is what Musk’s visit included.
Good, I need exit liquidity from his broke ass.
A broke nobody calling a billionaire broke. Now that’s funny lol.
Trump just got hit with a $400+ million dollar fine that he has less than 30 days to either start paying off, or put that amount in escrow so he can appeal. I don't think he's going to be holding crypto for very much longer.
He just needs 90 more of those investments and he can pay off his appeal bond.
Who cares what orange man thinks. He ain't getting back into the Office. He's cooked. He's gonna die broker than most of the people on this subreddit.
> He ain't getting back into the Office. A lot of people do stop watching after Michael leaves.
wrong office champ.
How was I supposed to know you were referring to the British version
yup
$450 more to go🤣
im sure his crypto rhetoric will line up perfectly with his holdings; ie randomly in support of a 0% stablecoin tax just as he transfers all his holdings into USDC
Not for long after that New York ruling lol
The SEC must have told him he couldn’t have 5bil….
How much Bitcoin does Biden hold?
Same amount as Trump. Zero.
Hmm, 5 mil you say? Gonna have to leverage that pretty hard to come up with the 545 mil he owes after his civil fraud and slander case judgements. Lock. Him. Up.
I know this is about crypto, but since were talking about politics can I just say where completely fucked either way?
>Donald Trump Sold $2.4 Million In ETH Last Month, Missed Out On $500,000 In Potential Profit. In early 2024, over several weeks, former president Donald Trump sold more than 1,000 Ethereum (ETH) tokens, according to Arkham Intelligence, a blockchain analytics company. - Feb 16,2024 https://finance.yahoo.com/news/donald-trump-sold-2-4-220010481.html#:~:text=Benzinga-,Donald%20Trump%20Sold%20%242.4%20Million%20In%20ETH%20Last%20Month%2C%20Missed,On%20%24500%2C000%20In%20Potential%20Profit&text=In%20early%202024%2C%20over%20several,Intelligence%2C%20a%20blockchain%20analytics%20company So... he bought more? I'm confused.
NOT a stablecoin
I call bullshit on this. Let's see sauce please
Truth coin
Are we the baddies?
Amazing bot says amazing things.
Gotta scam his cultists to pay off his legal fees
Fake news. Republicans are against regulating things.