Scott Bessent: Potential First Pro-Crypto Treasury Secretary? 🚀💰
Scott Bessent, a close ally of Donald Trump and seasoned hedge fund manager, is a strong contender for the position of Treasury Secretary as Trump heads back to the Oval Office. If appointed, Bessent would make history as the first Treasury Secretary in the U.S. with a pro-crypto stance Key Insights: - Prediction Markets Favor Bessent📊: Over 50% of users on Polymarket predict Bessent will secure the Treasury role, signaling significant confidence in his candidacy - Background 🏦: A billionaire
"If I am elected, it will be the policy of my administration, United States of America, to keep 100% of all the bitcoin the U.S. government currently holds or acquires into the future"
It is expected that with the support of the 47th US President, cryptocurrency will go up, especially bitcoin. What will happen in reality? Let’s see
Previously, when Trump became a president it’s was huge jump: from under 4k to over 13k
My thoughts: every crypto has a circle ⭕️ Trump is a the key, but not the solution. And you shouldn’t wait for magic. The way crypto going up now, the way it can fall
I've never won anything before, and then I hit the jackpot! 🎉 Yesterday at the Binance blockchain conference in Dubai at the Solana booth, I won a JAMBO phone📱
My notes on the first interview with Changpeng Zhao (CZ) after his release: about prison, priorities, and the future ✨ Chapter 2.
☘️ New projects and dreams
• His experience in prison gave him a clear understanding of priorities and a desire to share his experience with others as a mentor, so CZ is ready to mentor people. It would be interesting to find such a mentor 🌚
• After his release, CZ focused on launching Giggle Academy (https://www.giggleacademy.com/) – an educational project for children who lack access to education. In the academy, older children will teach younger ones, and AI will help create educational materials. The project is not intended to be profitable but will make a significant contribution to the accessibility of education for children. CZ hopes that by the time they reach adulthood, graduates will be able to contribute to the initiative (by making a couple of years of voluntary donations) to support future generations.
⚡️ Vision for the future
• CZ shares the belief that the future belongs to the combination of AI and blockchain (I believe in this trend too 💫). He is excited about projects that connect these technologies, seeing not only a trend but significant potential for the industry.
• Regarding future politics, CZ expressed caution in his statements, knowing how easily his words can be taken out of context and used against him.
My notes on the first interview with Changpeng Zhao (CZ) after his release: about prison, priorities, and the future ✨ PART 1 Yesterday Changpeng Zhao(CZ) gave his first interview after being released from prison, sharing personal reflections, new priorities, and plans.
🏛️ About his time in prison
• CZ described his sentence as unfair. This was the first case of such magnitude in the history of the cryptocurrency industry.
• "What do you have left when everything is taken away?" Time alone without freedom allowed him to reassess his priorities. When he asked himself, "What do you miss the most?" he realized he missed the connection with loved ones: family, friends, colleagues, and the community. This period helped him understand the true values in life.
• Interestingly, even in prison, guards would ask him about cryptocurrency. CZ noted that overall, people in prison turned out to be "nice & chill," and he still keeps in touch with some of them.
• CZ is currently helping the people he met in prison with their legal cases. One of his new friends from incarceration even attended a meeting in the hall!
📈 What is the current relationship with Binance?
At the moment, CZ still remains a shareholder of Binance but does not participate in management and cannot give orders. Moreover, he does not plan to return to the role of CEO.