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‼️🔴 DJ Trump vs Ross Ulbricht vs BitCoin vs SEC Chairman Gary Gensler🔴‼️
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Trump Pledges to Free Ross Ulbricht and Boost U.S. Crypto Leadership
At the Bitcoin Conference 2024 in Nashville, former President Donald Trump announced plans to commute Ross Ulbricht’s sentence if re-elected. Ulbricht, the Silk Road founder, has been imprisoned since 2013. Trump’s promise was met with strong support from the crypto community.
1. Ross Ulbricht's Release:
- Trump vowed to prioritize Ulbricht’s release on his first day in office, stating, “Enough is enough.”
- He emphasized that Ulbricht has served enough time and deserves freedom.
2. Pro-Bitcoin Agenda:
- Trump aims to make the U.S. the global leader in Bitcoin and cryptocurrencies.
- Plans include firing SEC Chairman Gary Gensler within 100 days, opposing Central Bank Digital Currency (CBDC), and protecting the right to self-custody of virtual assets.
3. Strategic National Bitcoin Reserve:
- Trump proposed creating a Strategic National Bitcoin Reserve by accumulating 1 million BTC over five years from surplus Federal Reserve assets.
- This initiative aims to reduce national debt and strengthen the U.S. financial position.
4. Support from the Crypto Community:
- David Bailey, CEO of Bitcoin Magazine, highlighted the importance of freeing Ulbricht for gaining support from the crypto community.
- Trump’s strong stance on Ulbricht’s release has garnered significant backing.
5. Broader Crypto Policies:
- Trump plans to work with Senator Cynthia Lummis on a bill to establish the Bitcoin Strategic Reserve.
- He advocates for an open and supportive regulatory environment to foster crypto innovation.
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