Big changes are brewing in the crypto space! Trump's Bold new policies could disrupt markets, redefine innovation, and unlock massive opportunities for traders and investors alike. Let’s dive in!
1. Establish the U.S. as the World's Cryptocurrency Hub
Difficulty: ★★★★★
Goals:
Create a cryptocurrency-friendly environment.
Offer tax incentives and encourage blockchain innovation.
Simplify regulatory processes to stimulate economic growth and attract foreign investments.
Earliest Implementation Date: 2026.
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2. Halt the Attack on Cryptocurrencies
Difficulty: ★★★★☆
Actions:
Stop enforcement actions against cryptocurrency companies within an hour of taking office.
Appoint a new SEC chairperson.
Pass the "21st Century Financial Innovation and Technology Act."
Earliest Implementation Date: January 20, 2025.
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3. Block Further Development of CBDCs (Central Bank Digital Currencies)
Difficulty: ★★★★☆
Actions:
Issue executive orders to suspend CBDC development.
Propose legislation, like the "Anti-CBDC Surveillance Act."
Earliest Implementation Date: Second half of 2025.
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4. Establish Strategic Bitcoin Reserves
Difficulty: ★★★★☆
Actions:
Treat Bitcoin as "digital gold."
Diversify national assets to hedge against inflation and financial instability.
Earliest Implementation Date: Second half of 2025.
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5. Dismiss SEC Chair Gary Gensler
Difficulty: ★★★★★
Actions:
Remove Gensler for alleged misconduct or incompetence.
Change the current regulatory landscape to favor cryptocurrencies.
Earliest Implementation Date: January 20, 2025.
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6. Halt the U.S. from Selling Confiscated Bitcoin
Difficulty: ★★★★☆
Actions:
Treat confiscated Bitcoin as strategic assets.
Establish legislation for Bitcoin holdings.
Earliest Implementation Date: Second half of 2025.
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7. Propose Using Cryptocurrencies to Solve National Debt
Difficulty: ★★★★☆
Actions:
Integrate cryptocurrencies into national financial systems.
Use crypto assets to reduce debt and stimulate innovation.
Earliest Implementation Date: Second half of 2025.
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8. Promote Bitcoin Mining
Difficulty: ★★★★☆
Actions:
Reduce operational costs for mining companies.
Pass the "21st Century Financial Innovation and Technology Act."
Establish a clear regulatory framework to foster responsible growth.
Earliest Implementation Date: Second half of 2025.
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9. End the "War on Cryptocurrencies"
Difficulty: ★★★★☆
Actions:
Repeal SAB 121 (accounting guidance considered restrictive to crypto firms).
Cease investigations, lawsuits, and penalties against cryptocurrency companies.
Earliest Implementation Date: First half of 2025.
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10. Reduce Ross Ulbricht's Sentence (Founder of Silk Road)
Difficulty: ★★★★☆
Actions:
Grant presidential pardon or reduce sentence.
Respond to calls for more leniency in crypto-related cases.
Earliest Implementation Date: January 20, 2025.