Back then he thought Bitcoin was bad and a scam. This time someone showed him how to make money by creating a scam coin and doing a pump and dump, so now he’s pro Bitcoin. So pro he’ll get rid of all regulation so pump and dump scams are completely legal.
I bet Trump is still anti Bitcoin. Under the previous administration, the SEC applied the Howey Test to cryptocurrencies and would have identified Trump Coin as a security. Trump is only interested if he can be in charge of it.
Back then he thought Bitcoin was bad and a scam. This time someone showed him how to make money by creating a scam coin and doing a pump and dump, so now he’s pro Bitcoin. So pro he’ll get rid of all regulation so pump and dump scams are completely legal.
I bet Trump is still anti Bitcoin. Under the previous administration, the SEC applied the Howey Test to cryptocurrencies and would have identified Trump Coin as a security. Trump is only interested if he can be in charge of it.
Imagine how many times he was asked:
“Why don’t you have your own “Bitcoin” coin yet, Mr. President?”