It is quite surprising that Trump, who once had a strong critical attitude towards Bitcoin, has now made a remarkable shift in stance and begun to accept Bitcoin donations. Looking back, he once mercilessly disparaged Bitcoin as a "scamcoin," but now he exhibits a completely opposite attitude, which is indeed thought-provoking.



Analyzing the reasons behind this transformation may be closely related to several important developments in the digital currency space. First, the market influence of Bitcoin has reached a level that cannot be ignored. Well-known financial institutions on Wall Street, such as BlackRock and Fidelity, have begun to enter the cryptocurrency market, launching Bitcoin ETF products, which have greatly promoted Bitcoin's recognition in the mainstream investment field. Second, Bitcoin's inherent scarcity characteristics have always been its core value support—the design of a total supply fixed at 21 million coins ensures its rarity as a digital asset. As market demand continues to grow, this intrinsic supply-demand relationship drives the steady increase in Bitcoin's value.
BTC-0.4%
TRUMP-7.11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Share
Comment
0/400
CryptoTherapistvip
· 06-18 09:08
Mindset shift revealed deep fomo
Reply0
MoonRocketmanvip
· 06-17 08:57
Breakthrough of acceleration
View OriginalReply0
AltcoinAnalystvip
· 06-15 17:50
Speak based on data
View OriginalReply0
GasOptimizervip
· 06-15 17:49
Data doesn't lie, that's all.
View OriginalReply0
SatoshiHeirvip
· 06-15 17:49
Prophet of the Blockchain Era
View OriginalReply0
HodlBelievervip
· 06-15 17:46
The market will eventually validate value.
View OriginalReply0
ProposalManiacvip
· 06-15 17:42
Attitude is driven by interests.
View OriginalReply0
FlashLoanLarryvip
· 06-15 17:38
Market forces validate thesis
Reply0
PumpStrategistvip
· 06-15 17:29
Market trends are hard to go against.
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)