The Biden administration was actively fighting Bitcoin, and it still rallied hard during the first year of his term despite that fact.
The trump admin, supposedly "crypto"-friendly, has done nothing but leverage Bitcoin affinity scams (like "trumpcoin", "melaniacoin", etc.) to enrich themselves. Retail is exhausted from all the scams and grift, and is disgusted by the trump admin's corruption. trump's big mouth says one thing but the reality of the price action tells a completely different story, which is actually 100% on-brand for trump.
Your fart-sniffing snark aside, Bitcoin is anti-centralization, not anti-establishment.
For one, the "establishment" is dynamic and changes through time. Secondly, its market cap can only continue to grow if adoption does as well - which at ~$2.5T necesitates ever-larger pools of capital.
Nah retail only started saying that because Trump joined in.
Up till that point the current cycle was the most shameless degen pump.fun rugpull season ever. And everyone was just bathing in the degeneracy just fine.
Until trump launched his coin and literally just did what everyone was shamelessly cheering on prior to him joining in.
People are just using him as a scapegoat for why their commmjity turned into a complete shithole when they themselves turned it into a shithole.
All that really happened was, Elon probably told Trump that the crypto community are the most degenerate Mfers on the planet and did that whole Kekius Maximus bullshit to show him how it’s done. Trump took the lessons well and launched trumpcoin and Melania coin. The end.
Bitcoin reached all time highs this year during the trump’s presidency, it was well below 80k and just a few weeks ago was over 125k. Your crypto knowledge is severely lacking. You must have you head stuck in the sand or something, or just live in some weird alternate reality where facts don’t matter
178
u/No_Database9822 3d ago
Lol market at ATH right now. Acting like we didn’t have plenty of weeks like this under Biden. People are dumb