Firmly controlling the control of encryption is already a conspiracy of the United States
During Trump's first presidency from 2017 to 2021, he openly opposed the encryption industry. On social media, Trump has repeatedly criticized encryption assets and made it clear that he would not hold any cryptocurrency. In those years, countries around the world generally resisted the encryption industry, and the government issued warnings against virtual currencies in order to prevent financial risks.
However, after Trump left office in 2021, the NFT wave swept in, and Trump also actively participated in it, issuing three NFT projects related to himself and earning a lot of money. At this time, Trump's attitude towards the encryption industry has changed significantly. This year is an election year, and both Trump and Biden have stated that if elected, they will adopt friendly policies towards the encryption industry. With the increasing popularity of cryptocurrencies, it is obviously unwise to go against the trend of the times. A friendly attitude towards encryption not only helps win votes, but also serves the interests of the American people and government.
For the United States, embracing encryption is in its interest. As the next president can truly be crypto-friendly, Web3 will also take a step towards compliance, and cryptocurrencies will affect more and more people and society.
Encryption is no longer a toy for a small group of geeks, but is moving towards the mainstream. The US government's embrace of encryption is also a profit-seeking behavior. In an exclusive interview with Bloomberg, Trump said that he did not want other countries to take over the encryption industry. In recent years, the United States has indeed become the center and rule maker of the encryption industry.
Judging from the current attitude of presidential candidates towards encryption, the support of the two major parties in the United States for the encryption industry in May this year, and looking back at the previous strict supervision of the encryption industry by the United States, it can be clearly felt that the strict supervision of the United States is ostensibly to safeguard the interests of Americans and prevent financial risks, but in fact it also puts the control of the encryption industry in its own hands. After gaining power, it will support the development of the industry through loose policies to ensure that "Web3 happens in the United States."
