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2024-07-29 09:37:25

Rodrigo on Nostr: Some highlights of how the US would look like under Trump, as it relates to bitcoin ...

Some highlights of how the US would look like under Trump, as it relates to bitcoin and digital assets:

- Create a “strategic national bitcoin stockpile” for the US: Not really “creating” one, rather keeping what they have confiscated; but it’s another step in the right direction. Every single country on Earth should have bitcoin as part of their reserves.

- Prevent the creation of a Central Bank Digital Currency (“CBDC”): As much as I like this and believe CBDCs are the worst thing, it will only be a matter of time before the US gives in.

- Support the right to self-custody: The majority of people are not even aware what this means and it’s one of the most important things. Hopefully, this will shed some light on its importance.

- Fire current SEC Chair Gensler: It’s needed for the sake of the US not falling behind on bitcoin and digital asset adoption.

- Form a crypto industry presidential advisory council: Great as long as the bitcoiners do a good job and doesn’t become a s#!tcoin advisory council.

- Regulate bitcoin and digital assets by people who understand them: Very happy to hear this and I hope that they realize that they can’t apply analog laws to a digital world.

- America to become the undisputed bitcoin mining powerhouse: Great for energy efficiency.

I will believe all of this when I see it.
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