DonaldTump
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**Donald Trump's Strategic Plan Could Make Bitcoin Owners Rich**
In recent years, China and Russia have been significantly increasing their gold reserves, aiming to back their currencies with gold to challenge the dollar, which has not been backed by gold since the 1970s. The US, despite having the largest gold reserves, does not back its currency with gold due to the petrodollar system. This system, established in the 1970s, ensured global demand for the dollar by trading oil in US dollars. However, this agreement has expired, weakening the dollar and giving other countries a chance to strengthen their currencies.
Donald Trump has recognized this shift and has proposed an alternative solution to fortify the dollar: backing it with Bitcoin, which he refers to as "digital gold." He believes that Bitcoin's market capitalization will eventually surpass that of gold. His plan involves:
1. Accumulating a significant reserve of Bitcoin.
2. Pumping and stabilizing Bitcoin’s price to exceed gold's market capitalization.
3. Strengthening the dollar by backing it with Bitcoin.
Bitcoin's deflationary nature, with a capped supply of 21 million, makes it an ideal reserve that increases in value over time. Unlike gold, which can still be mined, once 51% of Bitcoin is held, it remains under control permanently. If Trump wins the presidency and implements this plan, it could be extremely bullish for Bitcoin. Holding at least 0.1 BTC could potentially ensure financial security for life.
#DonaldTump
#BTC
#US_Job_Market_Slowdown
#CryptoPM
#BinanceTournament!
In recent years, China and Russia have been significantly increasing their gold reserves, aiming to back their currencies with gold to challenge the dollar, which has not been backed by gold since the 1970s. The US, despite having the largest gold reserves, does not back its currency with gold due to the petrodollar system. This system, established in the 1970s, ensured global demand for the dollar by trading oil in US dollars. However, this agreement has expired, weakening the dollar and giving other countries a chance to strengthen their currencies.
Donald Trump has recognized this shift and has proposed an alternative solution to fortify the dollar: backing it with Bitcoin, which he refers to as "digital gold." He believes that Bitcoin's market capitalization will eventually surpass that of gold. His plan involves:
1. Accumulating a significant reserve of Bitcoin.
2. Pumping and stabilizing Bitcoin’s price to exceed gold's market capitalization.
3. Strengthening the dollar by backing it with Bitcoin.
Bitcoin's deflationary nature, with a capped supply of 21 million, makes it an ideal reserve that increases in value over time. Unlike gold, which can still be mined, once 51% of Bitcoin is held, it remains under control permanently. If Trump wins the presidency and implements this plan, it could be extremely bullish for Bitcoin. Holding at least 0.1 BTC could potentially ensure financial security for life.
#DonaldTump
#BTC
#US_Job_Market_Slowdown
#CryptoPM
#BinanceTournament!
🚨REPORTS: Donald Trump teases crypto project and says "for too long, the average American has been squeezed by the big banks and financial elites.
It's time we take a stand together." #DonaldTump #Crypto #Banks #FinancialElites $BTC
It's time we take a stand together." #DonaldTump #Crypto #Banks #FinancialElites $BTC
#backupstrategy Do you have an exit plan?
When the market is on fire, it’s easy to get caught up in the excitement. But without a clear exit strategy, your profits could vanish as quickly as they appeared.
we’ll cover essential steps to secure your gains and prepare for the inevitable downturn.
Don’t get caught without a plan—let’s dive into how to master your exits in the crypto market
It’s all about timing
When the market pumps, it’s tempting to hold out for bigger gains. The 2024 election could take the market to new highs and greed will begin to rise.
This is your signal to start planning your exit before the market shifts into a downturn. Crypto mooning, you're looking for Market, but you forget one little thing - you haven't sold.
How to fix profit and leave before a crash 😕
( #DonaldTump Conference)
The bear market is inevitable
History repeats itself—after every major pump, a bear market follows.
The next one can hit hard in 2025, so it’s essential to cash out when the market is still hot
Don’t fall for FOMO
Greed can be your downfall.
When you’re sitting on significant gains, sell rather than wait for even higher profits that may never come.
Know when to sell:
Altcoins are especially vulnerable in a bear market, often dropping 90-99%.
Make sure to liquidate your #AltcoinStars holdings during the next market rally to preserve your gains.
Stick to your plan
It’s easy to get lured back in by a sudden pump, but re-entering the market without careful consideration can lead to losses.
Once you’ve sold, resist the urge to gamble your profits.
Plan your re-entry
Instead of buying during the peak, wait for the market to bottom out.
This way, you can maximize your gains when the market recovers.
#MarketDownturn #LowestCPI2021
When the market is on fire, it’s easy to get caught up in the excitement. But without a clear exit strategy, your profits could vanish as quickly as they appeared.
we’ll cover essential steps to secure your gains and prepare for the inevitable downturn.
Don’t get caught without a plan—let’s dive into how to master your exits in the crypto market
It’s all about timing
When the market pumps, it’s tempting to hold out for bigger gains. The 2024 election could take the market to new highs and greed will begin to rise.
This is your signal to start planning your exit before the market shifts into a downturn. Crypto mooning, you're looking for Market, but you forget one little thing - you haven't sold.
How to fix profit and leave before a crash 😕
( #DonaldTump Conference)
The bear market is inevitable
History repeats itself—after every major pump, a bear market follows.
The next one can hit hard in 2025, so it’s essential to cash out when the market is still hot
Don’t fall for FOMO
Greed can be your downfall.
When you’re sitting on significant gains, sell rather than wait for even higher profits that may never come.
Know when to sell:
Altcoins are especially vulnerable in a bear market, often dropping 90-99%.
Make sure to liquidate your #AltcoinStars holdings during the next market rally to preserve your gains.
Stick to your plan
It’s easy to get lured back in by a sudden pump, but re-entering the market without careful consideration can lead to losses.
Once you’ve sold, resist the urge to gamble your profits.
Plan your re-entry
Instead of buying during the peak, wait for the market to bottom out.
This way, you can maximize your gains when the market recovers.
#MarketDownturn #LowestCPI2021
Donald Trump son - Eric Trump LOVES DEFI AND CRYPTO
PUMP PANCAKESWAP
#BTCMarketPanic #DonaldTump #cryptello #RecessionOrDip?
PUMP PANCAKESWAP
#BTCMarketPanic #DonaldTump #cryptello #RecessionOrDip?
#charleshoskinson Shows His Concerns Over Kamala’s Pro-Crypto Stance
A heated debate is unfolding on social media regarding the future of cryptocurrency in the United States. Recently, Charles Hoskinson, co-founder of Cardano, made sharp comments on his official X account about Kamala Harris, the U.S. presidential candidate.
Charles Hoskinson Challenges Kamala Harris’s Pro-Crypto Stance
- Paul Matencio recently praised Kamala Harris for her pro-crypto stance, expressing more trust in her approach compared to former President #DonaldTump . Matencio believes that under Harris's presidency, the crypto industry will thrive.
- In response, Charles Hoskinson criticized Matencio's optimism. He pointed out Harris’s past antagonistic actions towards the crypto market over the past three years, including her promotion of anti-crypto policies and her efforts to hinder crypto legislation with misinformation. Hoskinson argued that Harris's current pro-crypto claims appear to be a tactic to garner votes from the crypto community, contrasting with her previous negative stance toward the industry.
Crypto’s Role in the U.S. Presidential Campaigns
- As the crypto industry continues to grow, it has become a significant topic in U.S. presidential campaigns. Candidates, including Trump and Harris, are positioning themselves as crypto supporters, leading to divided opinions within the community.
- While some in the crypto space back Harris's current pro-crypto rhetoric, others, including Hoskinson, remain skeptical due to her past regulatory actions against the sector. The crypto community’s sentiments are increasingly visible on social media, with many expressing their concerns and predictions about the industry’s future in light of the upcoming election.
Source - blockchainreporter.net
#CryptoNewsCommunity #BinanceSquareTalks
A heated debate is unfolding on social media regarding the future of cryptocurrency in the United States. Recently, Charles Hoskinson, co-founder of Cardano, made sharp comments on his official X account about Kamala Harris, the U.S. presidential candidate.
Charles Hoskinson Challenges Kamala Harris’s Pro-Crypto Stance
- Paul Matencio recently praised Kamala Harris for her pro-crypto stance, expressing more trust in her approach compared to former President #DonaldTump . Matencio believes that under Harris's presidency, the crypto industry will thrive.
- In response, Charles Hoskinson criticized Matencio's optimism. He pointed out Harris’s past antagonistic actions towards the crypto market over the past three years, including her promotion of anti-crypto policies and her efforts to hinder crypto legislation with misinformation. Hoskinson argued that Harris's current pro-crypto claims appear to be a tactic to garner votes from the crypto community, contrasting with her previous negative stance toward the industry.
Crypto’s Role in the U.S. Presidential Campaigns
- As the crypto industry continues to grow, it has become a significant topic in U.S. presidential campaigns. Candidates, including Trump and Harris, are positioning themselves as crypto supporters, leading to divided opinions within the community.
- While some in the crypto space back Harris's current pro-crypto rhetoric, others, including Hoskinson, remain skeptical due to her past regulatory actions against the sector. The crypto community’s sentiments are increasingly visible on social media, with many expressing their concerns and predictions about the industry’s future in light of the upcoming election.
Source - blockchainreporter.net
#CryptoNewsCommunity #BinanceSquareTalks
Trump Takes Aim at Big Banks & Financial Elites!_
Former President Donald Trump speaks truth to power:
"For too long, the average American has been squeezed by the big banks and financial elites."
Flashback to 2018:
Ripple meets with Trump administration to discuss #XRP
A match made in heaven?
Trump's stance against financial elites aligns with Ripple's mission to democratize finance
XRP: The people's currency?
Ripple's vision for a more inclusive financial system resonates with Trump's populist rhetoric
The plot thickens:
Will Trump's influence help propel #XRP to mainstream adoption?
#DonaldTump #Ripple #financialinclusion #MtGoxRepayments #BinanceLaunchpoolDOGS
"For too long, the average American has been squeezed by the big banks and financial elites."
Flashback to 2018:
Ripple meets with Trump administration to discuss #XRP
A match made in heaven?
Trump's stance against financial elites aligns with Ripple's mission to democratize finance
XRP: The people's currency?
Ripple's vision for a more inclusive financial system resonates with Trump's populist rhetoric
The plot thickens:
Will Trump's influence help propel #XRP to mainstream adoption?
#DonaldTump #Ripple #financialinclusion #MtGoxRepayments #BinanceLaunchpoolDOGS
Trump’s Bitcoin Plan for $35T US Debt Faces Doubts
Trump has proposed using Bitcoin to tackle the US’s $35 trillion national debt. However, critics question the feasibility of this approach, arguing that it could destabilize the market. Additionally, Trump’s electoral chances in the November elections have dropped to 54% from a 72% peak on Polymarket.
Former US President and Republican candidate Donald Trump continues to champion Bitcoin as he campaigns for re-election this November. In a recent statement, Trump suggested that Bitcoin could be instrumental in addressing the United States’ substantial national debt.
Trump Suggests Bitcoin Could Eliminate US Debt
In an interview with Fox News’ Maria Bartiromo, Trump implied that Bitcoin could potentially eliminate the US’s $35 trillion foreign debt. He argued that this digital asset, if adopted and supported effectively, could benefit the nation. “Who knows? Maybe we’ll pay off our $35 trillion dollars, hand them a little crypto check, right? We’ll hand them a little bitcoin and wipe out our $35 trillion,” Trump stated.
The US national debt has been a major topic of discussion, especially since surpassing $35 trillion. According to market analysis platform Kobeissi Letter, the US has accumulated approximately $12 trillion in federal debt since 2020. The current deficit spending as a percentage of GDP is now at levels seen during World War II.
“In other words, the US has added around $280 billion in federal debt each month since January 2020. This equates to about $105,000 in federal debt per person in the country,” the firm noted.
US National Debt. Source: Kobeissi Letter
Trump’s Bitcoin Debt Solution Faces Skepticism
The idea of using Bitcoin to reduce national debt is not entirely new. It aligns with the Bitcoin Act bill introduced by Senator Cynthia Lummis, which proposes creating a strategic Bitcoin reserve and authorizing the US Treasury to acquire 1 million BTC over five years.
Crypto enthusiasts like David Bailey, CEO of Bitcoin Magazine, support this concept. Bailey believes Bitcoin could address the US national debt within a few epochs. However, financial experts remain doubtful. They argue that Bitcoin’s market capitalization would need to surpass $35 trillion to make this feasible. One investor noted, “Selling off 35 TRILLION dollars worth of Bitcoin would collapse the market and cause BTC to drop to $0. And… this would require China and other countries to even WANT Bitcoin as a debt repayment… do people not know how the world works?”
Trump’s comments follow his keynote speech at the Bitcoin 2024 conference in Nashville, where he advocated for a more significant role for digital assets in the US economy. His speech underscored his growing interest in the crypto sector and its potential benefits.
Donald Trump’s Election Odds. Source: Polymarket
This debate comes amid a decline in Trump’s chances of winning the presidential election, which have dropped to 54% from a peak of 72% in July. His main rival, Vice President Kamala Harris, has gained traction and recently secured her first major crypto executive endorsement from Uphold’s co-founder, J.P. Theriot.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#TRUMP #US #DonaldTump #Bitcoin #Altcoins
Former US President and Republican candidate Donald Trump continues to champion Bitcoin as he campaigns for re-election this November. In a recent statement, Trump suggested that Bitcoin could be instrumental in addressing the United States’ substantial national debt.
Trump Suggests Bitcoin Could Eliminate US Debt
In an interview with Fox News’ Maria Bartiromo, Trump implied that Bitcoin could potentially eliminate the US’s $35 trillion foreign debt. He argued that this digital asset, if adopted and supported effectively, could benefit the nation. “Who knows? Maybe we’ll pay off our $35 trillion dollars, hand them a little crypto check, right? We’ll hand them a little bitcoin and wipe out our $35 trillion,” Trump stated.
The US national debt has been a major topic of discussion, especially since surpassing $35 trillion. According to market analysis platform Kobeissi Letter, the US has accumulated approximately $12 trillion in federal debt since 2020. The current deficit spending as a percentage of GDP is now at levels seen during World War II.
“In other words, the US has added around $280 billion in federal debt each month since January 2020. This equates to about $105,000 in federal debt per person in the country,” the firm noted.
US National Debt. Source: Kobeissi Letter
Trump’s Bitcoin Debt Solution Faces Skepticism
The idea of using Bitcoin to reduce national debt is not entirely new. It aligns with the Bitcoin Act bill introduced by Senator Cynthia Lummis, which proposes creating a strategic Bitcoin reserve and authorizing the US Treasury to acquire 1 million BTC over five years.
Crypto enthusiasts like David Bailey, CEO of Bitcoin Magazine, support this concept. Bailey believes Bitcoin could address the US national debt within a few epochs. However, financial experts remain doubtful. They argue that Bitcoin’s market capitalization would need to surpass $35 trillion to make this feasible. One investor noted, “Selling off 35 TRILLION dollars worth of Bitcoin would collapse the market and cause BTC to drop to $0. And… this would require China and other countries to even WANT Bitcoin as a debt repayment… do people not know how the world works?”
Trump’s comments follow his keynote speech at the Bitcoin 2024 conference in Nashville, where he advocated for a more significant role for digital assets in the US economy. His speech underscored his growing interest in the crypto sector and its potential benefits.
Donald Trump’s Election Odds. Source: Polymarket
This debate comes amid a decline in Trump’s chances of winning the presidential election, which have dropped to 54% from a peak of 72% in July. His main rival, Vice President Kamala Harris, has gained traction and recently secured her first major crypto executive endorsement from Uphold’s co-founder, J.P. Theriot.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#TRUMP #US #DonaldTump #Bitcoin #Altcoins
