Market sentiment in the crypto world can change in an instant, but some politicians' attitude shifts are even more extreme. Yesterday, while watching BTC's candlestick chart, I suddenly saw a news headline: a high-ranking American official is considering banning investor participation in cryptocurrencies. My first reaction was, is this guy's account been hacked? After all, last year he was still confidently saying he wanted to make the US the "cryptocurrency capital," even establishing a strategic Bitcoin reserve. Now suddenly turning around, just like my friend who, the day before yesterday, was shouting "Bitcoin is the future," and today is asking whether to cut losses, leaving everyone completely baffled.



Actually, there's no big secret behind policy flip-flops; it's driven by political interests. Just look at the historical record. In 2019, this same person publicly criticized Bitcoin as "built on thin air," and said that crypto assets would promote illegal activities. His words were quite fierce.

Fast forward to the 2024 election campaign, he suddenly did a 180-degree turn and became a hardcore supporter of cryptocurrencies. Why so quick? Just think about it—cryptocurrency industry has given him real cash. Reports say the entire crypto sector has donated nearly $250 million in political contributions. This is not just a greeting gift, but a token of allegiance from the entire industry.

His actions after taking office are even more outrageous. On January 18, 2025, just two days before inauguration, he launched his personal meme coin. In just 12 hours, it skyrocketed from $0.18 to $30, peaking at $75. Based on the opening price, that’s a 412-fold increase. With this series of moves, who can still say it’s a coincidence? The利益链条 is clearer than ever.
BTC0,54%
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
  • 6
  • Repost
  • Share
Comment
0/400
LiquidatedThricevip
· 2h ago
Politicians and retail investors are the same; they all look at money shifting. $250 million can make anyone bow down.
View OriginalReply0
DeFiChefvip
· 01-12 07:22
Unbelievable, political version of cutting leeks, $250 million for a quick turnaround, this deal is really profitable.
View OriginalReply0
MEVHunter_9000vip
· 01-10 14:49
Money can change everything. $250 million completely changed the attitude. Speaking of that meme coin operation, they really treat us like leeks. Politicians are just politicians, with no real faith to speak of. A 180-degree turn, hilarious. The inconsistent face from start to finish is truly remarkable. That's why I only trust on-chain data and don't believe anyone's words.
View OriginalReply0
CrossChainBreathervip
· 01-10 14:47
A $250 million investment gesture directly clarified the policy; this move is truly brilliant.
View OriginalReply0
DefiOldTrickstervip
· 01-10 14:22
A $250 million investment gesture, 412 times arbitrage opportunity... This is what I mean—policy and returns are always like siblings. Those who see this clearly have already jumped on board.
View OriginalReply0
ChainWallflowervip
· 01-10 14:21
250 million USD in a blink of an eye, politicians are really walking K-line charts.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)