Donald Trump's return to the White House might just tip the scales for the markets. Let's remember what he promised for $BTC and crypto during his election campaign ● National Bitcoin Reserve
Trump plans to establish a U.S. strategic Bitcoin reserve. If this happens, Bitcoin could gain support at the national reserve level, boosting trust and demand for BTC.
● Making the U.S. the “Crypto Capital of the World”
Trump’s vision includes creating an environment that attracts crypto businesses. For enthusiasts, this means more startups, more capital, and crypto-friendly tax policies. ● Blocking the Digital Dollar (CBDC)
Trump has pledged to prevent the launch of a Central Bank Digital Currency, citing financial freedom. Without a digital dollar, BTC and other decentralized coins won’t face competition from a state-backed currency.
Replacing the Head of the SEC
Current SEC head Gary Gensler is known for his strict stance on crypto. Replacing him could lead to friendlier regulation focused on innovation, not restriction. ● Support for U.S.-Based Mining
By supporting mining operations, Trump’s administration could bolster the U.S. role in global crypto mining.
This would reduce reliance on foreign miners and create new jobs domestically.
● Lifetime Ban on Selling BTC Reserves
Trump has assured that the U.S. government will hold, not sell, BTC. This could position the U.S. as a major Bitcoin “HODLer,” potentially stabilizing and strengthening BTC’s value.
● Ross Ulbricht’s Release
Freeing Silk Road’s founder would be a powerful signal of the administration’s new approach to crypto and personal freedom in the U.S.
● Encouraging Crypto Innovation
With incentives for blockchain projects, Trump could enable the rise of a robust blockchain-driven economy, making the U.S. an attractive spot for crypto startups and investors.
● Right to Mine and Self-Custody
Protecting citizens’ right to mine and self-custody their assets would give users more freedom without fear of government interference.
If Trump delivers on even half of these promises, the crypto space will see major transformation.
Look forward to price growth, a flood of crypto projects to the U.S., and a surge in interest in decentralized assets. #MarketDownturn #BinanceSquareFamily #Bitcoin❗
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