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.
Imagine how many times he was asked:
“Why don’t you have your own “Bitcoin” coin yet, Mr. President?”
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.