You forgot the weekend tweet regarding.
the strategic reserve.
He is taking advantage of his status to indulge in crypto
This guy who represents the United States is a real shame.
Emma Nickels
--
Trump - more of a curse than a blessing for the crypto world!🤨
President Trump’s first 100 days have been a shame for the crypto world 🌪️. From launching a memecoin to establishing a „Bitcoin reserve“, here’s a friendly recap of the key developments:
⸻
🪙 Day 1: WLFI Memecoin Launch
On Inauguration Day, Trump’s family-backed firm, World Liberty Financial (WLFI), introduced its own memecoin. While it grabbed headlines, the token isn’t yet tradable on exchanges.
⸻
👥 Pro-Crypto Appointments
Trump appointed crypto-friendly leaders to major agencies: Paul Atkins to the SEC and Brian Quintenz to the CFTC. David Sacks, a known crypto investor, now chairs the President’s Council on Science and Technology.
⸻
🤖 $500B ‘Stargate’ AI Initiative
A massive AI infrastructure project, “Stargate,” was announced, aiming to create 10,000 jobs. It’s a collaboration between OpenAI, SoftBank, and Oracle, emphasizing U.S. leadership in AI.
⸻
🕊️ Ross Ulbricht’s Sentence Commuted
Trump commuted the sentence of Silk Road founder Ross Ulbricht, a move celebrated by many in the crypto community.
⸻
🚫 CBDC Ban & Crypto Working Group
An executive order banned the development of a U.S. central bank digital currency (CBDC) and established a working group to promote the U.S. as a crypto hub.
⸻
⚔️ Trade Wars Begin
Tariffs were imposed on Canada, Mexico, and China, leading to market volatility. These actions have raised concerns about a potential recession.
⸻
🔐 Strategic Bitcoin Reserve Established
A “Strategic Bitcoin Reserve” was created, holding approximately 200,000 BTC seized by the government. This reserve is intended as a long-term store of value, akin to a digital Fort Knox.
⸻
🏛️ White House Crypto Summit
Key industry leaders, including Michael Saylor and Brian Armstrong, attended a summit to discuss crypto regulation and innovation. BULLSH*T!!!
⸻
💵 WLFI’s Stablecoin Launch
WLFI introduced a stablecoin, USD1, backed by U.S. government treasuries and dollar deposits. However, this move has sparked ethical debates due to Trump’s ties to WLFI.
⸻
📉 ‘Liberation Day’ Tariffs
On April 2, Trump imposed tariffs on all U.S. trade partners, leading to market downturns and increased operational costs for crypto miners.
⸻
🍽️ $300K Memecoin Dinner
Reports emerged that top WLFI token holders were offered a dinner with Trump for $300,000, raising concerns about potential conflicts of interest and prompting calls for impeachment.
⸻
📜 Regulatory Progress
Despite controversies, bipartisan support is growing for crypto regulations. The STABLE Act and GENIUS Act are advancing in Congress, aiming to provide clarity and stability to the crypto industry.
⸻
While Trump’s aggressive approach has stirred debates, it’s undeniably been a transformative period for crypto in the U.S. 🇺🇸
#TRUMP #Scam #AITokensBounce #BinanceSquareFamily
⸻
🪙 Day 1: WLFI Memecoin Launch
On Inauguration Day, Trump’s family-backed firm, World Liberty Financial (WLFI), introduced its own memecoin. While it grabbed headlines, the token isn’t yet tradable on exchanges.
⸻
👥 Pro-Crypto Appointments
Trump appointed crypto-friendly leaders to major agencies: Paul Atkins to the SEC and Brian Quintenz to the CFTC. David Sacks, a known crypto investor, now chairs the President’s Council on Science and Technology.
⸻
🤖 $500B ‘Stargate’ AI Initiative
A massive AI infrastructure project, “Stargate,” was announced, aiming to create 10,000 jobs. It’s a collaboration between OpenAI, SoftBank, and Oracle, emphasizing U.S. leadership in AI.
⸻
🕊️ Ross Ulbricht’s Sentence Commuted
Trump commuted the sentence of Silk Road founder Ross Ulbricht, a move celebrated by many in the crypto community.
⸻
🚫 CBDC Ban & Crypto Working Group
An executive order banned the development of a U.S. central bank digital currency (CBDC) and established a working group to promote the U.S. as a crypto hub.
⸻
⚔️ Trade Wars Begin
Tariffs were imposed on Canada, Mexico, and China, leading to market volatility. These actions have raised concerns about a potential recession.
⸻
🔐 Strategic Bitcoin Reserve Established
A “Strategic Bitcoin Reserve” was created, holding approximately 200,000 BTC seized by the government. This reserve is intended as a long-term store of value, akin to a digital Fort Knox.
⸻
🏛️ White House Crypto Summit
Key industry leaders, including Michael Saylor and Brian Armstrong, attended a summit to discuss crypto regulation and innovation. BULLSH*T!!!
⸻
💵 WLFI’s Stablecoin Launch
WLFI introduced a stablecoin, USD1, backed by U.S. government treasuries and dollar deposits. However, this move has sparked ethical debates due to Trump’s ties to WLFI.
⸻
📉 ‘Liberation Day’ Tariffs
On April 2, Trump imposed tariffs on all U.S. trade partners, leading to market downturns and increased operational costs for crypto miners.
⸻
🍽️ $300K Memecoin Dinner
Reports emerged that top WLFI token holders were offered a dinner with Trump for $300,000, raising concerns about potential conflicts of interest and prompting calls for impeachment.
⸻
📜 Regulatory Progress
Despite controversies, bipartisan support is growing for crypto regulations. The STABLE Act and GENIUS Act are advancing in Congress, aiming to provide clarity and stability to the crypto industry.
⸻
While Trump’s aggressive approach has stirred debates, it’s undeniably been a transformative period for crypto in the U.S. 🇺🇸
#TRUMP #Scam #AITokensBounce #BinanceSquareFamily
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
210
0