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re: President Trump signs crypto executive order to create a national digital asset stockpile

Posted on 7/26/24 at 10:54 am to
Posted by DVinBR
Member since Jan 2013
15281 posts
Posted on 7/26/24 at 10:54 am to
herp derp "let me try dunking on someone and try to insult their intelligence"

what a dogshit argument

just stop

like i mentioned earlier, everyone here has their opinion etched in stone and you aren't changing their opinion, especially through insults

All im getting from you is seething that other people aren't buying into Bitcoin and throwing opposing arguments at you. And that pisses you off that they aren't buying in
This post was edited on 7/26/24 at 11:03 am
Posted by SlidellCajun
Slidell la
Member since May 2019
16047 posts
Posted on 7/26/24 at 11:37 am to
quote:

You're trying, I can see. But your IQ is just not enough to pull it off. Maybe some of your internet buddies can help you.
You are welcome to keep your wealth in USD. In fact, I encourage it. It's only lost 95% of its value since it's inception.





lol

Whenever personal insults get thrown, it’s clear that you have little rational ground to stand on. Do you feel threatened by the flimsy veneer of bitcoin?

I’ve been investing for a long time. I know what I’m doing. Bitcoin is a flash in the pan. You’re trying to complicate something that’s real simple.

I can explain the flaws in bitcoin for you but I can’t understand it for you. You’re far too closed minded for that.

Keeping my wealth in the USD is straw man and a weak one.

Bottom line here-
Trump isn’t going to buy trillions of DOLLARS worth of bitcoin to use as some sort of reserve. He’s pandering for votes.

This post was edited on 7/26/24 at 1:22 pm
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
31726 posts
Posted on 7/26/24 at 12:54 pm to
quote:

You are welcome to keep your wealth in USD. In fact, I encourage it. It's only lost 95% of its value since it's inception.

You're strawmaning quite a bit here for the sake of goading people. I seriously doubt anyone on this board keeps their wealth in USD, or any other currency, and I'm fairly certain you know that.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11516 posts
Posted on 7/27/24 at 12:07 am to
quote:

Trump isn’t going to buy trillions of DOLLARS worth of bitcoin to use as some sort of reserve.


You sure?

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Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11516 posts
Posted on 7/27/24 at 12:17 am to
quote:

Trump cursed bitcoin as a scam against the US dollar.


Trump woke up to this fact like most conservatives:

After calling Bitcoin "not money" and "highly volatile" in 2019, Trump now champions it, saying, "Bitcoin mining may be our last line of defense against the central bank digital currency."


This is what I have been preaching to conservatives for years. Bitcoin is not far behind guns and ammo in importance against a tyrannical government.
This post was edited on 7/27/24 at 12:18 am
Posted by SlidellCajun
Slidell la
Member since May 2019
16047 posts
Posted on 7/27/24 at 7:37 am to
That was a statement by RFK

Posted by 98eagle
Member since Sep 2020
3118 posts
Posted on 7/27/24 at 8:09 am to
The best thing that Trump could say today is that he is going to eliminate taxes on Bitcoin transactions. Bitcoin would go through the roof.
Posted by beaverfever
Arkansas
Member since Jan 2008
35461 posts
Posted on 7/27/24 at 2:32 pm to
Nm
This post was edited on 7/27/24 at 2:34 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11516 posts
Posted on 7/27/24 at 4:19 pm to
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11516 posts
Posted on 7/27/24 at 4:40 pm to
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11516 posts
Posted on 7/27/24 at 5:07 pm to
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11516 posts
Posted on 7/27/24 at 5:11 pm to
It looks like we don't have to wait for Trump to get elected. It's happening with or without him.

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Posted by UltimaParadox
North Carolina
Member since Nov 2008
51555 posts
Posted on 7/27/24 at 5:35 pm to
quote:

looks like we don't have to wait for Trump to get elected. It's happening with or without him.



Lol Lummis better talk big on crypto, her entire campaign has been financed by kraken and the like for years.

She has tried to pass multiple bills "regulating" crypto for a awhile now. But never got any support because it basically removes any restraints to the industry. She is just doing what she has been paid to do.

Good luck to those who are believing Trump here. I think the party stand stated by Vivek was to play nice until the election is over
This post was edited on 7/27/24 at 5:37 pm
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93832 posts
Posted on 7/27/24 at 7:32 pm to
damn they hate Gensler

Did he say no tax on crypto gains?

Posted by Joshjrn
Baton Rouge
Member since Dec 2008
31726 posts
Posted on 7/27/24 at 8:06 pm to
quote:

The best thing that Trump could say today is that he is going to eliminate taxes on Bitcoin transactions. Bitcoin would go through the roof.

I would have no issue with this, as long as it extends to other traditional "currencies" as well. It's been a longtime libertarian want for gold and silver to be treated as true currency, removing taxes on their use.

But, the federal government doesn't like anything on equal footing with the USD, so it would surprise me if any of that would actually pass any time soon.
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 7/27/24 at 8:08 pm to
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11516 posts
Posted on 7/27/24 at 9:25 pm to
I can't ever see congress passing a no taxes on crypto bill. Democrats have never seen a tax they didn't like and Republicans will never get enough support for this when stocks are taxed to death.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11516 posts
Posted on 7/28/24 at 6:21 am to
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11516 posts
Posted on 7/29/24 at 9:11 pm to
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11516 posts
Posted on 7/29/24 at 9:56 pm to
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