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Enter Donald Trump, who called crypto a “scam” in 2021 but told CNBC this weekend he has been having “fun” with crypto and called bitcoin an “additional form of currency.”

These are not the first positive comments Trump has made as his presidential campaign ramps up, suggesting he no longer sees crypto as a threat towards his “America First” agenda or considers it cut from the same populist cloth.

1 posted on 03/11/2024 3:25:04 PM PDT by NoLibZone
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To: NoLibZone

I’m still convinced it is a scam. Until Christ comes and tells me that it was not a scam, I will believe it was a scam.


2 posted on 03/11/2024 3:26:42 PM PDT by Jonty30 (I may not know as much american history and law as I like, but I know more than most liberals.)
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To: NoLibZone

Invest in that crap if you so choose. I’ll keep my wealth in tangible assets thank you.


3 posted on 03/11/2024 3:29:53 PM PDT by traderrob6
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To: algore; aMorePerfectUnion; amorphous; Andyman; ARGLOCKGUY; abishai; Betty Jane; BigpapaBo; ...

If YOU would like to be on a CRYPTO PING LIST, please pm me.

The Crypto Ping List covers the following:

Bitcoin
Ethereum
Other coins built on the Ethereum blockchain mining
etc.

Thanks! For it - or ag'in it, it'll be a wild ride.

4 posted on 03/11/2024 3:30:26 PM PDT by aMorePerfectUnion
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To: NoLibZone

Earlier this year, Morell called blockchain technology a “boon for surveillance” in a report, published by the Coinbase- and Square-led Crypto Council for Innovation. The report defended the cryptocurrency against claims that its best use case is for criminal enterprise. Instead, the public nature of transactions makes it an “underutilized forensic tool for governments to identify illicit activity.”

https://decrypt.co/87768/cia-confirms-rumors-working-cryptocurrency-projects


18 posted on 03/11/2024 3:45:16 PM PDT by yuleeyahoo (“Pay no attention to the man behind the curtain!” - the deep-state)
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To: NoLibZone

From a practical sense, Bitcoin is a decent substitute for wires/swift for money transfers.

There are too few ways to transact in native bitcoin, so that is a fail.

Its (and I am not casting aspersions) a speculative investment.

There are too many risks (govt regulators, competing crypto emerging that address bitcoin shortfalls are a couple of big ones) to state “its here to stay” in my opinion.


19 posted on 03/11/2024 3:45:22 PM PDT by RFEngineer
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To: NoLibZone
4-11-24 3:51pm


21 posted on 03/11/2024 3:59:30 PM PDT by NoLibZone (We have the nation we deserve The bad guys are willing to protest and riot while we email.)
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To: NoLibZone

Trump was and still is correct when he says crypto is a scam. However, he is also correct to say Bitcoin which as an asset surpassed SILVER today is not a threat.

Most people have no idea about anything related to the term Bitcoin and the term crypto currency. With BTC is the only crypto to classified an asset, beyond 6 other coins that have an actual use, the thousands of other meme and crypto coins are junk.

Bitcoin ETFs in less than two months have exceeded the first three years of the Gold ETFs.

Gold ETF funds are flowing out and directly into the BTC ETFs.

At 73k it is still a bargain. IT will hit 124k by April 19th and probably double by the end of the year from April.

Blackrock will purchase 529m USD or approx 8,000 BTC tonight.

They will buy 14-15,000 before the weekend.

Trump is smarter and better informed than 98% of Americans on this issue.


25 posted on 03/11/2024 4:09:27 PM PDT by Jumper
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To: NoLibZone

Bitcoin is the ultimate pyramid scheme. The people smart enough to cash out before the crash are the ones who will make money from it. Everyone else will be wondering what the hell happened.


42 posted on 03/11/2024 4:52:41 PM PDT by webheart
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To: NoLibZone

$70,000?
Tulips got up to a million dollars.


57 posted on 03/11/2024 7:00:12 PM PDT by oldbill
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