BTC finally went to a former and candidate for US. The Orange Man Recognized the Orange Digital Currency, Finally!
The Trump speech recap is amazing!
- US to become crypto capital of the world
- To create strategic Bitcoin reserve for US
- To fire Gary Gensler on day 1
- Views stablecoins as pro dollar
- To end Operation Chokepoint 2.0
- To bring Bitcoin mining to the US My comments for the main points:
1 - The US is already the Capital of Crypto. Most of the VCS and investments are done there. The problem was mostrly the unclear regulatory scope.
2 - Strategic BTC Reserves is what all Macro crypto investors were dreaming of. There is a post of the Holy Hal Finney talking about it in 2012!
3- Firing Gensler is was just to heat up his speech and make everyone very happy to see that.. Trump is a marketing Genious and he would never loose the chance to say it. Personally, I enjoyed a lot!
4 - The Stablecoin as pro-dollar is actually the CBDC without needing to do it! You spread the US currency, by pegging digitally and expose shitty countries investors to it.. Even being suboptimal to BTC, is a good way to start using crypto to save its capital from Local governments and with time, move to BTC and XMR. <3
5 - End the coercion of deep state against crypto is actually the Second best, because most of the new investments in crypto were starting to move to Southwest Asia and the Caribe.. HK got their regulatory scope done very fast and now we gotta see the US bringing back those investors and inovators? Big Win for Crypto, because opening possibilities increase competitiveness.
6 - US got plenty of Miners that could avoid going to Kazakhstan in 2021, with the almost effective Chinese Ban we've seen. Texas and other cheap energy US states welcomed BTC Mining investors.. So it will only keep the Trend. Show Less
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