10 Promises Donald Trump Has Made Regarding Bitcoin and Crypto 馃槆馃槆馃槆
Will They Come True 馃槀馃槀馃槀
Donald Trump, the 47th President of the United States, has made several promises regarding the crypto industry and Bitcoin.
- Make the US the Crypto Capital of the World: Trump aims to make the United States the hub for cryptocurrency innovation and adoption .
- Maintain Federal Government's Bitcoin Holdings: Trump has pledged to keep 100% of all Bitcoin currently held or acquired in the future from assets seized from financial criminals .
- Fire SEC Chairman Gary Gensler: Trump has expressed his intention to replace Gensler, who has been perceived as hostile to the crypto industry .
- Block Central Bank Digital Currency (CBDC): Trump is against the creation of a CBDC, citing concerns about potential risks to individual financial freedom .
- Create a Bitcoin and Crypto Presidential Advisory Council: This council would provide expert advice on cryptocurrency regulation and policy .
- Promote US Bitcoin Mining: Trump wants to encourage Bitcoin mining in the United States, citing energy independence and national security concerns .
- Lower Interest Rates: Trump has indicated that he would pursue policies to lower interest rates, which could stimulate borrowing and investment in cryptocurrencies .
- Use Bitcoin to Reduce National Debt: Trump has suggested using Bitcoin to halve the country's national debt .
- Comprehensive Digital Asset Policy: Trump promises to propose a comprehensive policy framework for digital assets .
- Overturn Ross Ulbricht's Conviction: Trump has expressed support for overturning the conviction of Ross Ulbricht, the founder of Silk Road .
These promises have generated significant interest and debate within the crypto community. $BTC
