Donald Trump flashes the pro- BTC card to win the American presidential elections…

Prreeya Narayanan
Coinmonks
3 min readJul 31, 2024

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Political Compulsions making Donald Trump a Bitcoin lover, ha…!

Times have changed indeed, that BTC card power ups Donal Trump’s efforts to be president of the United States. Of course, Jeo Biden’s administration that was pretty anti-Blockchain with United States Securities and Exchange Commission (SEC) chair, Gary Gensler having a free hand attacking well established Blockchain protocols by declaring that they would be sued for securities law violation, helps Trump get very good position attention.

Jeo Biden & Gary helped Trump’s image rise up (imagine how lousy they must be for this)

Not to mention, 81 year old US president Jeo Biden’s questionable mental cognitive state, helped Trump get positive favorable attention. It is a wise decision that Kamala Harris would stand for President election replacing Jeo Biden.

However, it’s just that Trump holds a powerful BTC card and Kamala Harris’s Democratic Party, due to Gary Gensler’s moves holds an anti-crypto reputation.

Trump spotlights himself as a pro-Bitcoiner at Bitcoin Conference

Trump attends Bitcoin Conference 2024 and tells some cool sensible things –

1) BTC would one day overtake the market capitalization of Gold
2) Under him US Govt. will maintain a Bitcoin Reserve, with seized Bitcoin put into the Reserve and not sold.
3) Trump would work to make USA crypto capital of the world
4) SEC’s Chair Gary Gensler would be sacked

I reckon, US Bitcoin Mining Companies won’t need to pay 30% tax. All Blockchain protocols, Dexs, Cexs would not be harassed by SEC, and Blockchain industries may be allowed to function and do their business. Investors too can freely use Web3 applications and hold cryptos under the commodity banner with certainty.

All right…

Kamala Harris is to embrace a Pro-crypto stance to have a chance of beating Trump

One thing is clear Trump will force opposition party candidates to adopt pro-crypto stance, which is why ETH ETFs were approved and Gary abanded his attack on ETH…

So, will Trump become president of USA because he is wooing crypto community?
OR
will Kamala Harris, compete making pro crypto promises and announcing pro crypto measures that are nice for US crypto community to hear.

Good luck Kamala Harris maam and US Citizens! It’s unfortunate, it’s come to this that Trump is gaining traction for becoming a US president!

Trump is no real Bitcoin enthusiast, he is an opportunist flashing the BTC Card to gain votes!

AI generated image using https://www.freepik.com/pikaso/ai-image-generator

I don’t think he is good at all, mind you I am a crypto enthusiast and Bitcoin lover which is why I don’t like these deplorable people to flash BTC card and win elections. These guys are opportunists with no fundamental credibility.

Blockchain, is not about Bitcoin alone, it’s about Web3 which has decentralisation mission at it’s core. People’s right to own and control their wealth and data, and free themselves from Technological giants collecting data and selling it.

Government runs a system along with Bank and industry players that’s designed for them to hold control over the entire monetary system ensnaring people. People feel helpless with value of the fiat money they hold depending on Government’s policy measures.

Government’s interest is to always enrich banks, and big Corporate institutions giving them control over the financial system and wealth. They impede people’s ability to own and create wealth which is frustrating.

Did not Trump win elections collecting people’s data from Facebook? and then doing targeted campaigns to influence people’s view based on that data!

Come on guys, don’t favor Trump just because he speaks pro BTC stuff to get your votes!

Best of luck America!!

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Prreeya Narayanan
Coinmonks

Write articles on crypto, web3, blockchain as I understand it. I enjoy sharing my knowledge on all things related to Web3 being immersed in the space since 2019