Donald Trump wants to destroy the US dollar and make it easier to use money laundering and make it easier for the rich to not pay their fair share of taxes. That is why Warren Buffet called Bitcoin rat poison. This is also what foreign governments who want to destroy the US dollar want as well, because they can pump a great deal of money into bitcoin driving the price up, which will destroy the US economy.
@JohnDoe-nv6ke Says:
" Nothing special " just lurking around 50 - 60 k, already broke All Time Highs in the beginning of the year
Yeaaaahhh
@vrcatlady7227 Says:
I knew about his promises about bitcoin but yet still voted for Kamala because she will be better for it in the long term and I have 3 whole bitcoins 😎
@errorblox_gamming Says:
Lessgoo trump won
@watchdog163 Says:
Good. This is great for freedom. Since when are we listening to government agencies for suggestions? 😂 SEC is slow af, they didn't do shit when the crypto scams were at a peak.
@thegoldentree6913 Says:
"Trump wants a crypto comeback" is a fitting title.
@lukehamby951 Says:
Not correct, btc does this after every election
@CesarFlores-il6di Says:
I was there in Nashville and saw trump and his ear was intact!!! No scrach no stitching and that happened 3 days after the "shot on the ear"😅😅😅 I vote for him but I think he is a show guy always was! Always will be
@CTP909 Says:
I see the Israelis released you my friend
@AdamRafeedie Says:
USA just wants you to rely of the dollar so they can keep printing it at will
@allanandersen8972 Says:
People who don't really get why trump went hard support on crypto - should first see the standing ovation he got at the crypto conference 2024.
He said a LOT of things that support the main crypto movement. AND the SEC has been ABSOLUTELY enforcing the crypto space by enforcement.
Gary, along with Jay Clayton and Billy Hinmann have been playing obscure favorites with Eth and raining a firestorm of lawsuits on other compeeting projects.
I have been closely following one particular lawsuit - the XRP ripple lawsuit.
A still on going scandal stain on the SEC's crypto powermove.
The idea of the SEC is to protect the investor. NOT harm the investor. And in this particular lawsuit the were seeking billions for investor damages ... However the investor was harmed BY THE LAWSUIT not by ripple or by the market.
So about 75.000 investors stood behind John Deaton to compile an amicus brief against the SEC in the lawsuit.
The lawsuit has gotten a verdict from Judge Torres that both parties in the beginning officially were happy with - though most of the merrits of the case were dismissed.
However the SEC filed an appeal and the Ripple team has filed an appeal response. The case is in principle over... But the SEC is hanging on by a thread ... with no merrit... No grounds... Just butthurt feelings and an intention to regulate a market without any clear guidance or rules.
See the congress meeting hearing between Gary Gensler, Hester Pierce, Mark Uyeda and 2 other SEC members and see just how much in disagreement the SEC is toward the direction Gary is stearing the SEC.
The crypto industry is utterly tired of the SEC - we want clear regulatory guidelines to make it fair for the market to advance and evolve. So that we stop unwarranted lawsuits and focus on the actual bad faith actors ... not the actors that are actually doing good for the industry.
Luckily though... Judge Torres was a judge who understands blockchain and navigated the lawsuit with clarity and perfect ruling. XRP is now deemed NOT a security. And the SEC is not happy.
Trump understood what the audience wanted - and got a lot of voters from the crypto market by just listening to what we wanted.
The Dems didn't understand that there are no ANTI crypto voters. And they played a bad faith hand and got what they deserved.
Trump getting to office is (in this regard) a VERY good thing. I'm not a Trump fan - but the damage done by the dems in crypto is borderline corruption. hank fucking god they are OUT the next 4 years.
@int0thecha0s39 Says:
Everything needs to be rebuilt after the woke mob have gutted us of.
@Orwell_ Says:
Okay so, what is the problem 😂
@yanbaihuzxzxzx Says:
It's called inflation. They know hyper inflation is coming
@WhatDemocracy Says:
Whis going to believe a s8ngle word this guy says about trump. Seriously
@tazervz Says:
Harris is getting too biased.
Can we start thinking about LEFT & RIGHT.
@kjdj7301 Says:
Nothing special? It was at 70000
@arshadcheng Says:
Have never seen a centralised system accept decentralised things so easily. Its crazy that politics has caused bitcoin to rise in price. No wonder my bitcoin miner has doubled its earning rate
@TMan786 Says:
Crypto. The ponzi scheme of our age.
@nicholasdragomanovits9284 Says:
Bitcoin is not crypto
@gentlederick1722 Says:
I don't understand why Trump is backing bitcoin bc to my opinion it has no use case but for the fact that is the first cryto currency and has rose to be a store of value. However, supporting crypto in general is a good thing for America because there are cryto currencies like xrp,xlm,xdc,Hbar etc that have real world use case. I can argue that the SEC has destroyed investors in the U.S than protecting them. Trump is right by wanting fire Gensler. Please Jonny do a study on Ripple and the SEC case that has been going on since 2020 and you will see what i am talking about. I hope you see my comment. Thanks, you are doing a great job and i am an african that loves your channel.
@sujanadhikary7616 Says:
The question remains 😂
@daltonwyant5154 Says:
people that aren't deep into crypto dont understand the Bitcoin halving event. Trump helped get it out of stagnation but the halving always causes the bull run every four years
@LadiesMan-bo2cc Says:
Next video should be about how tariffs work
@andimoraru5539 Says:
He wants it because it would get him votes, wait until the bear market comes, and retail loose all their money 😅
@triadwarfare Says:
I guess SBF would be thrilled if he wasn't jailed first before the new Trump admin.
@PraiseYahforHeisHoly Says:
A whole lot of drug dealers got rich. There is a bitcoin ATM in every poor neighborhood corner store. I heard it's the best way to send money back to your family in other countries.
@casbot71 Says:
Trump likes the idea of crypto because someones explained how it can be used for scamming.
"So I just pump and dump it ??"
@Deeep_ftheta Says:
Buy buy buy
@CLUB-th7pp Says:
GET THE DAMN SEC in check. My opinion no senator or congressman or their immediate family should be able to buy stocks and bonds while in office and for eight years afterwards.
@mikefwu Says:
You explained why bitcoin went up but not really why trump wants crypto to go up. Undermining the dollar as bitcoin’s purpose is not an American interest. So why? His personal interest? His backers’ interest?
@MentalMoor Says:
I support Trump. He is not in the office yet but the economy is skyrocketing already 😁
@badmanpace7228 Says:
Tell me you don’t understand crypto without telling me you don’t understand crypto
@simonb1996 Says:
The SEC is a corrupt evil organisation.
Look what they did to XRP holders.
@OnlyCPLoverWorkAtYouTube Says:
Because is the easiest way to pump and dump!
@gcs-te5hu Says:
Crypto will end abruptly due to AI
@2turntjosh Says:
It hit 94k
@shanecrothers5792 Says:
Crypto is garbage worse than dollar even , it's just a scam
@coachtaewherbalife8817 Says:
The US not having a fiat currency. The largest economy based on an unregulated currency. What could go wrong?
@johndunnelinli Says:
The crytpo market goes in approximately 4 year cycles. Anyone that knows anything about it knew the bullrun was coming. Sure trump winning is a bit of fuel on the fire but btc was hitting a new ath regardless
@olleolausson Says:
Because trump knows his audience and they love crypto
@virgil4marvolo5crowl Says:
And this reaction is because of BRICS 😊 so its working.
@brianfrancis8379 Says:
Bitcoin would have run anyway. It runs in 4 uear cycles, the run begins 8 months after the "Halving".
Im sure Trumps team knew this, and figured they could capitalize on it and finish what JFK started by breaking the central banks...
Bye bye centemral banks!!
@Livvv_happy_3727 Says:
Now I know why Tate is supporting Trump that much.
@TheSkulldan Says:
It's because crypto spent a lot of money on lobbying both sides so they will remove restrictions on Crypto
@bearlogg7974 Says:
Anything but reinstating the Gold Standard as to give actual power back to the people. 💀
@MrJoeDone Says:
This doesn't answer the question. If you continue this click bait we will leave you sooner or later
You just withdrew from your trust deposits
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