What will Mr. Trump do with Bitcoin and Crypto after being elected President?
Here are 11 commitments from President Donald Trump related to Bitcoin and cryptocurrency:
1. Fire SEC Chairman Gary Gensler on day one.
2. Establish a "National Bitcoin Reserve."
3. Make the US the "capital of Bitcoin and cryptocurrency in the world."
4. Retain 100% of the 203,650 BTC ($14.95 billion) currently held by the US government.
5. Eliminate capital gains tax on Bitcoin.
6. Support Bitcoin mining activity in the US.
7. End regulatory crackdowns (terminate the "crusade against cryptocurrency").
8. Establish a "presidential advisory council on Bitcoin and cryptocurrency."
9. Protect individuals' rights to self-manage digital assets.
10. Not issue a central bank digital currency (CBDC).
11. Reduce the sentence for Ross Ulbricht, the founder of Silk Road, who is currently serving two life sentences.
It can be said that if these things are implemented, the coin market will thrive.
Wishing all coin holders the best of luck in the coming season to recover what has been lost.
😁