It is cool that Trump actually understood that crypto is the industry of the future and he wants to position US very well in this industry. Very smart individuals are well positioned, take for example Elon musk and others.
Since I was convinced that Trump didn't dive into bitcoin for only political score, he did it sincerely, I fell in love with him.
My statement was "The crypto industry will breath free air for about 4 years". Even if Trump administration fail to make pro-bitcoin laws, we are sure he will also not make anti bitcoin laws.
Topic: Instead of attacking industry of the future, we will embrace them (Trump) (Read 59 times)
January 02, 2025, 05:10:55 PM
January 02, 2025, 12:39:10 PM
Policies in the United States are determined by institutions and bodies that operate according to a general approach. No single party can take unilateral decisions without the approval of the rest of the bodies, and thus major decisions are decentralized (this also includes foreign policies). The Federal Reserve is one of the most important financial policymakers in America (and in the world as well) and we do not hear anything from it on an important issue like this. Add to that Congress with its various bodies and the Securities and Exchange Commission (SEC), which in turn operates according to the country's general policy directions and not in implementation of decisions from the White House (the executive authority).
In the US elections, it is clear that Kamala Harris (Democrats) was more clear and transparent about cryptocurrencies and did not want to implicate themselves with promises that they know they are unable to fulfill even if they wanted to. In contrast, Trump is not ashamed of his populism and therefore does not hesitate to make promises to gain greater support, and we have seen how he does not hesitate to make racist promises against immigrants and minorities.
In the US elections, it is clear that Kamala Harris (Democrats) was more clear and transparent about cryptocurrencies and did not want to implicate themselves with promises that they know they are unable to fulfill even if they wanted to. In contrast, Trump is not ashamed of his populism and therefore does not hesitate to make promises to gain greater support, and we have seen how he does not hesitate to make racist promises against immigrants and minorities.
January 01, 2025, 02:10:42 AM
Another big support and relief for Bitcoin and the entire cryptocurrency industry, as we all expect some positive regulations of the industry in his second term as US President Donard Trump retreated his administration's focus on Bitcoin and the entire cryptocurrency, set to eliminate all anti-Bitcoin regulations and replacement them with x Bitcoin oriented registration, this will set the path for future cryptocurrency developments in the United States.
Video clip shared by cointelegraph on Facebook:
https://www.facebook.com/share/v/1BE5GPrFgu/
Trump has shown some interest in making the US more receptive to the crypto industry. We expect that some of the anti-crypto laws by the outgoing administration will be set aside for more flexible laws. But don't expect Trump to remove all regulations that protect the industry from fraudulent activities. Some laws need to be in place to avoid the 2022, crypto disaster that led to the fall of FTX, TerraUSD, and Luna. We shouldn't also have total trust in politicians because they can change their stance at any time. Video clip shared by cointelegraph on Facebook:
https://www.facebook.com/share/v/1BE5GPrFgu/
December 31, 2024, 08:00:32 PM
Another big support and relief for Bitcoin and the entire cryptocurrency industry, as we all expect some positive regulations of the industry in his second term as US President Donard Trump retreated his administration's focus on Bitcoin and the entire cryptocurrency, set to eliminate all anti-Bitcoin regulations and replacement them with x Bitcoin oriented registration, this will set the path for future cryptocurrency developments in the United States.
Video clip shared by cointelegraph on Facebook:
https://www.facebook.com/share/v/1BE5GPrFgu/
Video clip shared by cointelegraph on Facebook:
https://www.facebook.com/share/v/1BE5GPrFgu/
I am aware of what Trump has promised to the people of the USA, specially those who are into Bitcoin and are afraid of hostile regulation, as those insane taxes on miners Biden wanted to put on place some months ago. Though, I am still skeptical he will actually fulfil his promise and pass regulation which would be a net win for those who hold Bitcoin or want to step up development within the decentralized ecosystem of alternative Cryptocurrencies.
The furthest he may go would be cutting taxes on gains gotten through the holding and speculation of Bitcoin, Ethereum and other decentralized assets.
Trump is specially good at cutting taxes on the rich, so let us see if he will cut taxes on the rich and also the common people who hold Bitcoin.
He won't be a crypto president, rather he will continue to wield a spear against the oriental eastern foes of USA and keep wagering commercial wars.
December 29, 2024, 11:30:59 AM
Another big support and relief for Bitcoin and the entire cryptocurrency industry, as we all expect some positive regulations of the industry in his second term as US President Donard Trump retreated his administration's focus on Bitcoin and the entire cryptocurrency, set to eliminate all anti-Bitcoin regulations and replacement them with x Bitcoin oriented registration, this will set the path for future cryptocurrency developments in the United States.
Video clip shared by cointelegraph on Facebook:
https://www.facebook.com/share/v/1BE5GPrFgu/
Video clip shared by cointelegraph on Facebook:
https://www.facebook.com/share/v/1BE5GPrFgu/
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