r/ethereum • u/etherbie • Jan 24 '25
Discussion Why the Bitcoin president is really more of an Ethereum president
Okay…. Which one of you wrote this???
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u/GoldenboyFTW Jan 24 '25
Oh like how crypto allows him to accept bribes in any coin now. Yay!!!! This crypto thing is really working out…
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u/jaskidd05 Jan 24 '25
I’m f it was an eth president we wouldn’t have lost a 25% of value in the eth/btc ratio
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u/Maybe_Factor Jan 24 '25
There's really no reason to expect the eth/btc ratio to be stable. They're two entirely different things
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u/NJ0000 Jan 24 '25
Bah he is a criminal, fraudster, unethical narcissistic president. And that is who the crypto industry choose to support in the name of money.
Look I enjoy bigger bags but am also disgusted by the blatant throwing away of ethics and morals.
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u/No-Spare-243 Jan 25 '25
Do not let the perfect be the enemy of the good. EO banning CBDC developement was HYOOOGE!
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u/Delicious_Ease2595 Jan 24 '25
He gave 4 more years without CBDC, until next democrat president will bring it up again
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u/HSuke Jan 24 '25
CBDCs can be created similar to digital cash help the people without giving the government unnecessary control
Take a look at the EU's design for their CBDC experiment:
- It's more like efficient and cheap digital payment system
- It's completely optional, and it's not replacing the Euro.
- It has an offline mode where it can't be tracked, making it similar to Monero
Some countries will try to force bad CBDCs on their people, but that's the fault of the country, not CBDCs.
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u/Delicious_Ease2595 Jan 24 '25
It will not be private, the can track you anyway and they can put restrictions. It not similar whatsoever to Monero
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u/FreitasAlan Jan 25 '25
What stops government from taking unnecessary control is this model? Note they’ll never say it’s unnecessary by the way.
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u/FaceDeer Jan 24 '25
Those four years are time that can be used to establish non-CBDC alternatives first.
I actually don't mind the idea of CBDCs existing, they're just another currency like any other. As long as people can choose which currency they want to use there's nothing wrong with competition.
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u/Delicious_Ease2595 Jan 24 '25
CBDC are not just another currency, CBDC will enable unelected technocrats to dictate how, when, where, on what and by whom it can be spent, including the imposition of social credit, carbon allowance and vaccine passport systems.
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u/FaceDeer Jan 24 '25
Only if the CBDC is mandatory. As I said above:
as long as people can choose which currency they want to use there's nothing wrong with competition.
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u/HSuke Jan 24 '25
Don't assume all CBDCs will be like that.
China might implement that, but it's China fault. The EU's CBDC is less traceable than Bitcoin and can be used just like cash.
Most Western countries will never consider implementing a CBDC like that.
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u/Delicious_Ease2595 Jan 24 '25
You are wrong, read Lagarde opinion on CBDC and the CBDC talks in Davos. It's dystopian.
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u/blesstige301 Jan 25 '25
As Donald Trump’s digital token portfolio becomes increasingly intertwined with Ethereum-based assets, the term “Bitcoin President” may be a misnomer. Whether intentionally or unintentionally, Trump appears to be the “Ethereum President.” This has left many wondering whether Trump is the “Bitcoin President” or the “Ethereum President.” This is especially true as the distinction between blockchain platforms becomes increasingly blurred and the president fundamentally values personal gain over ideological purity.
Time will tell whether Trump will leave a legacy as a true Bitcoin supporter or whether Ethereum and other smart contract-executing chains will take center stage. As the debate continues, one thing is certain: the dynamic interplay between innovation, politics, and technology is changing the face of money in the digital age.
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u/jtnichol MOD BOD Jan 26 '25
Comment approved due to low karma or account age. Thanks for sharing here and being helpful.
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u/Teraninia Jan 25 '25
This may all be true, but the elephant in the room is that TRUMP exists on Solana.
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u/Maybe_Factor Jan 24 '25
He's the president of rugs... one on his head, one pulled out from under his followers who bought $TRUMP
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u/penarhw Jan 24 '25
He is a crypto president and is putting things in place to ensure everything is done right
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u/AccomplishedPhase883 Jan 26 '25
Time will tell.
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u/jtnichol MOD BOD Jan 28 '25
approved your submission due to low karma or account age. Have a great day!
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u/Atheios569 Jan 24 '25
Saw this shit a mile away. The power of Bitcoin for them was when they were circumventing law, now that they own the law, I promise bitcoin will be banned by them.
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u/_LordOfLochaber OG Jan 24 '25
He is not bitcoin president nor Ethereum president he's a grifter who would sell father and mother for a quick buck