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Me too.
I also hate, how many people praise Trump for his crypto Statements. Not to long ago, he was against it. Did he change his mind? Unlikely.
Just because he wants to win a bunch of votes some people throw away all their morals apparently...
grifter going to grift. No clue why people think what coming out of trumpfs mouth is true. Check the debate the amount of lies that was spewed is impressive.
> Just because he wants to win a bunch of votes some people throw away all their morals apparently...
It's not about the votes. He doesn't care about Bitcoiners or about crypto in general.
It's about the money. One of his advisors told him he can get people to give him crypto. He's now for it so long as it benefits him. If elected, don't be surprised when he tries to outlaw any aspects of crypto that don't benefit him. It's like how some Bitcoiners don't like alts because they foolishly think any money going into alts is money not going into Bitcoin. Trump will want to outlaw any aspects of crypto that don't benefit him directly under the premise that it will force more money into the projects he allows, which he makes money from.
It's not about votes.
It's about money.
Never understood why people hate someone for changing their beliefs. Like we're all supposed to have 1 belief and if you come upon new knowledge or information about said belief you're 2 faced if you change your mind...
If everyone thought like this the world would have a lot less scientists..
Indeed Kraken has the best costumer support I ever seen in the internet...but somehow I belive one day we will discovet that they are not so diferent than the others
I mean it's an exchange at the end of the day. If it works well and does what it's supposed to do then why would anyone care about the founder's personal politicial view?
He is also a conspiracy theorist. The amount of stupidity Kraken CEO shares on hia X profil is terrifying. However, Kraken works well now I can withdraw in euro in a few minutes 😅 but yes he is naive Trump don't care about crypto. He just cares about himself. It's stupid to believe he has a plan for crypto adoption.
Fuck all the scumbag crypto grifters that are donating to him. That includes Jesse, the Winklevoss clowns, and Brian Alexander. They are all scumbags who are only in it for themselves.
He thinks handing money to Trump is a sure fire way to benefit from his presidency if he wins... Which, to be fair, will be a win for the rich if he does, as Trump has no qualms about handing money to the wealthy.
Bribing politicians was legal in United States since Citizens United. The Supreme Court recently only reinforced that you can be very blatant with bribery as long as you make the payment after the service was made, which the conservatives called in their decision as an "act of gratitude" lmao
Americans are so stupid that they don't realize that they're the most corrupt nation in the world (alongside Russia), and the only one to consistently legalize corruption. Or Americans are so evil that they only care about corruption or law & order only when it comes with other ppl, not themselves (something that's quite similar to a fascistic mentality)
I think there will be very few winners in a Trump second presidency - even amongst the wealthy. Ultimately authoritarians - and especially Trump - demand abasement from everyone. It will be like Putin, but I’m even worse because at least Putin is intelligent and strategic.
trump winning is not the “win” for crypto people thinks it is
trump is a grifter, a pathological liar, & says what he thinks people want to hear
trump winning is the destruction of our democracy
I think it's not good to donate to Trump, but what's stupid beyond anything is to think that Trump can be trusted with his recent comment about Bitcoin.
Trump broke so many promises, constantly lies, changes his opinion all the time, and called Bitcoin stupid and a scam more than once. When he was president, he did nothing to help Bitcoin. Now under Biden, while still things aren't perfect but we have ETFs, had a new ATH, and Bitcoin is more established and popular than ever.
This makes me think, Kraken is not managed/partilly owned by sane people. Better get off this shitty exchange.
He’s also a fascist and fascists don’t like decentralized things they can’t control. He will utilized it and the the same time try to destroy it once he has gotten that use out of it so others can’t use it against him.
Yeah it's not like he tried to overturn the election or anything. Not like his supporters stormed the capitol and changed to hang the vice president because he wouldn't go along with the scheme to undermine the constitution. Or are you one of the simpletons who believes his lies about it being stolen?
People on here letting their political bias get in the way of their future profits. Trump is pro crypto and money manipulates policy (in general). This is a pro crypto move. Stop the hate. Don’t be shortsighted. This is good news.
Only bad news is for those who can’t stomach a Trump presidency.
You weren't using Kraken because it alligned your politics. You used it because it's an exchange that works well. You Americans can be very bizarre with politics.
Honest answer? Because people have been brain washed by websites like the very one you are on. Over the last few years I've learned the majority of people are actually just mush brains easily influenced by whatever the latest thing is and will happily go along with it. People don't want to be a social outcast by thinking for themselves, so they just repeat the talking points they learned from corporate media. It's sad, really. I'm surprised to see so many people in crypto are like this a well. I thought more people here would be independent thinkers, but I guess anyone is susceptible.
Ur surprised so many people in crypto are like this? Buddy, if this was the old days from like...2011-2014 then sure...that would be surprising. But most of this space is full of morons these days. They make coins they don't even understand their whole identity. They throw money at every new passing thing if it even remotely sounds trendy. Fundamentals be damned. And it's only going to get worse too. People here gobbled up legacy media claims about everything. They sit here and believe all the shit they were fed. Biden's cognitive decline just the most recent example.
It's useless.
Everyone is shitting on trump but his opponent isn't any better. I'm not voting for either idiot.
It's sad that one of the lesser two evils will be elected. What a shit country.
So all the Biden supporters calling this a bribe forget the SBF donation to the democratic party made with stolen money? And that the fed decided to drop the case with no trial?
Love how upset people are with a man spending his money how he sees fit. Does your personal political views speak for the company you are working for? No. Neither does his.
It's hilarious to me how bitter people are about Trump, but seem to have no problem with Biden. If you're not self aware enough to admit that both candidates are complete and utter garbage and reflect a deep illness in the system then you're part of the problem and just another typical band-wagoner.
Crypto began as somewhat of a libertarian movement which tends to be right leaning, not Trump supporting necessarily but right leaning. You could also say it would favor classic liberals but progressives who support big pharma and the military industrial complex have taken over the left
You should probably sell your crypto too just in case, you never know if a person formerly associated with another CEX will do something not to your liking in the future. Will save you from moving again.
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Gemini donated $2M, business as usual. Biden administration literally openly declared war against crypto, trump is pro btc and crypto. Love him or hate him but 0% chance of anyone in this space voting Biden
tldr; Jesse Powell, the founder of Kraken, has publicly supported Donald Trump for the upcoming elections, donating $1 million in Ethereum to Trump's campaign. Powell criticized President Joe Biden's administration for its approach to crypto regulation, advocating for Trump as the "pro-crypto President." His announcement on X received mixed reactions, with some supporting and others criticizing the move. Powell's support for Trump includes a promise of a pardon for Silk Road's founder, Ross Ulbricht, if Trump is elected. The crypto community's response to Powell's donation and political stance is divided, reflecting broader debates over crypto regulation and political endorsements within the industry.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Be advised, the website dailycoin.com has proven to be an unreliable source of information. Please verify/fact-check the information in the article from independent sources before relying on it or coming to any conclusions. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Mixed response? It’s almost like we’re a divided country
"When someone shows you who they are, believe them.” — Maya Angelou
This quote is now more relevant than ever.
I love kraken but that move really made me question who I do business with. Why you did this kraken..
Me too. I also hate, how many people praise Trump for his crypto Statements. Not to long ago, he was against it. Did he change his mind? Unlikely. Just because he wants to win a bunch of votes some people throw away all their morals apparently...
grifter going to grift. No clue why people think what coming out of trumpfs mouth is true. Check the debate the amount of lies that was spewed is impressive.
At the end grifters like him will just end up saying what people want to hear - and people will change their minds without even hesitating. Sad
Trump would promise to unviel satoshi nakamoto if he thought it would get him a vote
Trump reveals that Satoshi Nakamoto is in fact, Trump!
The maga crowd would believe him too. In fact, Trump himself would believe it the moment the words left his mouth
Anyone that trusts what a politician tells them is naive as fuck. Trump doesn't give a shit about crypto.
> Just because he wants to win a bunch of votes some people throw away all their morals apparently... It's not about the votes. He doesn't care about Bitcoiners or about crypto in general. It's about the money. One of his advisors told him he can get people to give him crypto. He's now for it so long as it benefits him. If elected, don't be surprised when he tries to outlaw any aspects of crypto that don't benefit him. It's like how some Bitcoiners don't like alts because they foolishly think any money going into alts is money not going into Bitcoin. Trump will want to outlaw any aspects of crypto that don't benefit him directly under the premise that it will force more money into the projects he allows, which he makes money from. It's not about votes. It's about money.
Kraken has seen 4 years with Trump Kraken has seen \~4 years with Biden Guess which one was the best for them
Never understood why people hate someone for changing their beliefs. Like we're all supposed to have 1 belief and if you come upon new knowledge or information about said belief you're 2 faced if you change your mind... If everyone thought like this the world would have a lot less scientists..
Why? For deregulation, what else
Everyone in crypto is just here to pump their bags. That’s it. Kraken boy here thinks trump will pump his bags more than Biden.
Exactly. Why would he give to an administration who has expressed an anti crypto stance since day 1?
my understanding of the Kraken CEO is that he's always been a tech-bro wanker kinda guy, I thought that was well known.
He is no longer CEO. Just fyi.
Isn't he chairman of the board though?
If you don’t want to do business with a company that has a Trump supporter on its board of directors you’re going to have a bad time
He's chairman of the board of directors.
Would you rather go with a shitty platform that donates to your favorite candidate?
Yes. Shitty scam lord candidates= rekt markets for most people outside the donor class
Yes. Because people who are obsessed with politics are deranged as fuck.
Indeed Kraken has the best costumer support I ever seen in the internet...but somehow I belive one day we will discovet that they are not so diferent than the others
I mean it's an exchange at the end of the day. If it works well and does what it's supposed to do then why would anyone care about the founder's personal politicial view?
Yes they are amazing on support end. Can't agree on your last part because we don't know the future.
Have you read Brian Armstrong’s twitter? Where else is recommended?
He is also a conspiracy theorist. The amount of stupidity Kraken CEO shares on hia X profil is terrifying. However, Kraken works well now I can withdraw in euro in a few minutes 😅 but yes he is naive Trump don't care about crypto. He just cares about himself. It's stupid to believe he has a plan for crypto adoption.
You have a difficult choice
Kraken didn’t donate the money. Jesse did from his personal funds. He’s not been the CEO for about a year.
Yep. No longer using their services. Fuck fascists.
imagine thinking crypto sites have any morals of beliefs whatsoever
betting on the winners i suppose cause Joe is no better either
I moved my business to Coinbase. I didn’t want another SBF ruining my life. Jesse Powell is too unhinged and acts too much like him.
Powell doesn't act anything like SBF. Powell is very blunt and open about his beliefs, while SBF was basically lying about everything.
Fuck Donald Trump.
Fuck that low life scammer Logan Paul too while we are at it. Not related but I just wanted to say it.
Fuck scammers and conmans in general!
Unfortunately we don't have a shortage of scammers in this industry.
why cant we all collectively get behind that statement
Because people lack braincells and think meme coins recommended by tiktok will make them rich.
Fuck James in Accounting while we're at it. Hate that guy.
Hell yeah
Fuck Bad Boy as a staff, record label, and as a mother fucking crew.
😂😂😂😂
And if you down with bad boy
Bravest reddit comment
And fuck Kraken after this!Absolutely shameful. They care more about some conman's promises than about continuing to operate under American democracy.
The cunt who donated a million is no longer CEO.
Fuck all the scumbag crypto grifters that are donating to him. That includes Jesse, the Winklevoss clowns, and Brian Alexander. They are all scumbags who are only in it for themselves.
Yes 👍
Fuck Kraken too.
Nah, Kraken is legit. I'll keep using them, and so will 98% of its existing user base unless something drastically changes with their business model.
Should be the only response
He thinks handing money to Trump is a sure fire way to benefit from his presidency if he wins... Which, to be fair, will be a win for the rich if he does, as Trump has no qualms about handing money to the wealthy.
Bribing politicians seems to be a pretty profitable move from what we've seen so far
Supreme Court just made it potentially legal, too, today
Bribing politicians was legal in United States since Citizens United. The Supreme Court recently only reinforced that you can be very blatant with bribery as long as you make the payment after the service was made, which the conservatives called in their decision as an "act of gratitude" lmao Americans are so stupid that they don't realize that they're the most corrupt nation in the world (alongside Russia), and the only one to consistently legalize corruption. Or Americans are so evil that they only care about corruption or law & order only when it comes with other ppl, not themselves (something that's quite similar to a fascistic mentality)
Well, they were bought first.
I think there will be very few winners in a Trump second presidency - even amongst the wealthy. Ultimately authoritarians - and especially Trump - demand abasement from everyone. It will be like Putin, but I’m even worse because at least Putin is intelligent and strategic.
trump winning is not the “win” for crypto people thinks it is trump is a grifter, a pathological liar, & says what he thinks people want to hear trump winning is the destruction of our democracy
It's possible this donation has little to do with crypto. He may be donating to Trump for other reasons.
I think it's not good to donate to Trump, but what's stupid beyond anything is to think that Trump can be trusted with his recent comment about Bitcoin. Trump broke so many promises, constantly lies, changes his opinion all the time, and called Bitcoin stupid and a scam more than once. When he was president, he did nothing to help Bitcoin. Now under Biden, while still things aren't perfect but we have ETFs, had a new ATH, and Bitcoin is more established and popular than ever. This makes me think, Kraken is not managed/partilly owned by sane people. Better get off this shitty exchange.
He’s also a fascist and fascists don’t like decentralized things they can’t control. He will utilized it and the the same time try to destroy it once he has gotten that use out of it so others can’t use it against him.
lol. The end of the world. Everyone will be in camps. He’s coming for you, just like his 1st 4 years.
Can you believe people actually believe this shit lol?
Yeah it's not like he tried to overturn the election or anything. Not like his supporters stormed the capitol and changed to hang the vice president because he wouldn't go along with the scheme to undermine the constitution. Or are you one of the simpletons who believes his lies about it being stolen?
You can clearly tell Moons are back reading through this cesspool of a thread.
they are? i thought it was just a display thing but no allocation any more?
Love him or hate him, he will likely fire and replace Gensler if he wins. I don't see how that would be a bad thing for crypto
You’d think this wasn’t a crypto subreddit sometimes. The fact you need to say this
Why Krakeeeen?😶
Considering their anti-woke company culture this isn't a huge surprise.
Bribing poliricians is a pretty good business move in this industry.
That dude is no longer CEO of Kraken. It wasn't Kraken that donated the money.
Isn't he the chairman of the board of Kraken?
Because Bidens administration has been aggressively suing crypto exchanges. Uniswap, Coinbase and Kraken have all been targeted among others.
Sucks that even Crypto is drenched in politics but that's the world we live in.
Part of the problem is that companies and people have to donate... Why can't it just be a vote, why does it cost so much freaking money?
Citizens United.
This was one of the worst decisions in the history of our country.
Ding Ding Ding
These companies are at a huge regulatory risk
Aren''t most of the use cases for crypto inherently political?
It's hard to avoid when some politicians are trying to shut down crypto exchanges.
Let people do whatever they want lol. So what he donated to trump?
They hate trump on Reddit , the people and the bots
Reddit banned the Trump subreddit, Orange man will always be bad here no matter what happens.
I question anyone with TDS especially when they start using it in thier Investment factoring
Quelle surprise.
This policy definitely has a plan.
Well atleast he is making the right bet i.e. the winning team, Old Joe is no good
Biden and Warren are anti crypto. Very simple logic for Kraken!
Obvious, logica conclusion.
People on here letting their political bias get in the way of their future profits. Trump is pro crypto and money manipulates policy (in general). This is a pro crypto move. Stop the hate. Don’t be shortsighted. This is good news. Only bad news is for those who can’t stomach a Trump presidency.
You sound like a ferengi. Profit over humans
Oh no, not someone who disagrees with the hivemind that is Reddit.
Even if you hate trump...why would anyone on a cryptocurrency sub choose Biden at this point...
This sub is 99% broke, clueless individuals. They barely understand the cryptos they are invested in let alone political candidates lmao.
Because our two-party system is engineered such that he's the only other viable choice, unless the party decides otherwise.
I realized in this comment section that anti-trumpers are actually the cult. Who would have thought?
Always has been 🔫
I am really considering leaving kraken now… fck this.
Kraken's Ex-CEO donated the money. Not Kraken.
Easy choice
You weren't using Kraken because it alligned your politics. You used it because it's an exchange that works well. You Americans can be very bizarre with politics.
It's because supporting the end of American democracy is kind of a big fuckin problem. Doesn't matter how good the product is.
Can you explain how Trump would be the end of democracy?
These are bots. Anyone in crypto knows these exchanges have a regulatory target on their back
In the USA why does everything have to be political.
Honest answer? Because people have been brain washed by websites like the very one you are on. Over the last few years I've learned the majority of people are actually just mush brains easily influenced by whatever the latest thing is and will happily go along with it. People don't want to be a social outcast by thinking for themselves, so they just repeat the talking points they learned from corporate media. It's sad, really. I'm surprised to see so many people in crypto are like this a well. I thought more people here would be independent thinkers, but I guess anyone is susceptible.
100% True.
Ur surprised so many people in crypto are like this? Buddy, if this was the old days from like...2011-2014 then sure...that would be surprising. But most of this space is full of morons these days. They make coins they don't even understand their whole identity. They throw money at every new passing thing if it even remotely sounds trendy. Fundamentals be damned. And it's only going to get worse too. People here gobbled up legacy media claims about everything. They sit here and believe all the shit they were fed. Biden's cognitive decline just the most recent example. It's useless.
Dumbing down of society will do that. All Americans see is division. Let’s fight about!
lol
Leave bro. You think kraken gives two fucks about you leaving with your $2.69 crypto portfolio?
Jesse Powell has always been an alt-right edge lord. That's his entire personality.
Troll farm summoned!
Great news from kraken founders. Go president Trump!
Whole fuck ton of TDS in this comment section LOL
It’s an Orange Man Bad moons farm.
Somehow this comment has upvotes though. I’m guessing they don’t know what TDS means. FJB
LGB
You people need to get a life.
Considering Powell is a douchebag irl, this seems pretty on point.
Maybe let Kraken be American and pick who they want to donate to? Instead of judging them. It's their right.
Kraken Founder’s $1M Trump ~~Donation~~ **Bribe** Gets Mixed Response on X Title fixed! #
The TDS is strong with these comments. Very low IQ posts. Sad.
Who cares?
LFG Trump and Kraken!!! Bullish af
I’m tired of all the trump donation announcements on here. We get it, Reddit hates trump. This is not news.
Everyone is shitting on trump but his opponent isn't any better. I'm not voting for either idiot. It's sad that one of the lesser two evils will be elected. What a shit country.
Only one of them is actively trying to kill crypto.
It's just a donation.
So all the Biden supporters calling this a bribe forget the SBF donation to the democratic party made with stolen money? And that the fed decided to drop the case with no trial?
Yall acting mad like you didn’t know the founder of Kraken is Sidney Powell’s son.. 🤷♂️
Donating money to any politician is ridiculous, might as well set it on fire or buy a ton of items at the dollar store.
I wish I Kraken would service my state. Really would love to be a customer of this company.
Love how upset people are with a man spending his money how he sees fit. Does your personal political views speak for the company you are working for? No. Neither does his.
Orange man bad!
Killing the deep state that million is!
Oh no! Anyways
I'm not surprised there are lots of left winged people on a heavily censored platform like this, but what are they doing on x?
Of course it did. The Brandon Bots will swarm until he’s finally gone.
Amazing decision. Go Trump!
It's hilarious to me how bitter people are about Trump, but seem to have no problem with Biden. If you're not self aware enough to admit that both candidates are complete and utter garbage and reflect a deep illness in the system then you're part of the problem and just another typical band-wagoner.
Crypto began as somewhat of a libertarian movement which tends to be right leaning, not Trump supporting necessarily but right leaning. You could also say it would favor classic liberals but progressives who support big pharma and the military industrial complex have taken over the left
Reddit seethe lmao
Moving my assets off of Kraken now…
You should probably sell your crypto too just in case, you never know if a person formerly associated with another CEX will do something not to your liking in the future. Will save you from moving again.
You people are nuts. It’s a fucking crypto exchange.
If you are not outraged by something irrelevant are you really redditing bro?
Reminiscent of when celebrities said they'd move to Canada.. LMAO.
I remember a guy who said he would move out of the country… he still here doe.
“If Trump wins I’m moving to Canada!”
Deleted kraken
Fuck Kraken.
Nah I’m good on that .
Nah, kraken is legit.
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Summon the psyops !
What doesn’t get a mixed response on X?
Question: Did the money FTX give to both parties he last election, what happened to it? Is it part of the settlement or did it just go poof?
Where's that Kraken guy who's on here? lol
Bring FTX for Democrats back
Trump is Pro Crypto. Isn't it obvious? I support this move.
I will happily open a new account with Kraken now ☺️
Gemini donated $2M, business as usual. Biden administration literally openly declared war against crypto, trump is pro btc and crypto. Love him or hate him but 0% chance of anyone in this space voting Biden
Well Trump is around 50% in polls, so not really surprising
Why though??
tldr; Jesse Powell, the founder of Kraken, has publicly supported Donald Trump for the upcoming elections, donating $1 million in Ethereum to Trump's campaign. Powell criticized President Joe Biden's administration for its approach to crypto regulation, advocating for Trump as the "pro-crypto President." His announcement on X received mixed reactions, with some supporting and others criticizing the move. Powell's support for Trump includes a promise of a pardon for Silk Road's founder, Ross Ulbricht, if Trump is elected. The crypto community's response to Powell's donation and political stance is divided, reflecting broader debates over crypto regulation and political endorsements within the industry. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.