Reducing Ross' sentence is not good enough. He needs to be freed.
Reducing Ross' sentence is not good enough. He needs to be freed.
Actually Trump made promise to free Ross[1], so i don't understand why AZ News says sentence reduction instead.
[1] https://www.coindesk.com/policy/2024/05/26/trump-pledges-to-free-silk-road-creator-ross-ulbricht-if-re-elected/ (https://www.coindesk.com/policy/2024/05/26/trump-pledges-to-free-silk-road-creator-ross-ulbricht-if-re-elected/)
Reducing Ross' sentence is not good enough. He needs to be freed.
Actually Trump made promise to free Ross[1], so i don't understand why AZ News says sentence reduction instead.
[1] https://www.coindesk.com/policy/2024/05/26/trump-pledges-to-free-silk-road-creator-ross-ulbricht-if-re-elected/ (https://www.coindesk.com/policy/2024/05/26/trump-pledges-to-free-silk-road-creator-ross-ulbricht-if-re-elected/)
Yeah, I vividly remember those interview by Trump saying that he will free Ross.
As for making Bitcoin great in the US, for us, this could be the biggest promises so far. And in just short amount of time, or at least when he is the sitting President, not sure how he will do it as most likely in 2026 we might be in for a bear market until his Presidency ends.
What I am really waiting for is when bitcoin will be a strategic reserve in United States. I think other countries can follow and make bitcoin to be part of their reserves. Bitcoin will get more recognized in the world. The price will get to over $1 million one day.Of course, there will be many countries to follow it if it really happens. It is not impossible if Bitcoin becomes a legal tender in US, too. Not sure how big the price of Bitcoin if Trump keeps the promise, but I'm also very sure it will be possible to be $1 million. However, before this happens, I am really waiting Trump fires Gary Gensler. He said he will fire Gary Gensler immediately when he officially becomes the next US president. We know everyone hates Gary Gensler, he always becomes the obstacle of crypto industry. When he is fired, crypto market should give positive response. I expect it will trigger Bitcoin to hit a new ATH again.
Now that Trump will surely be inaugurated in January 20, 2025, let's all make some reviews of the promises he made and let's all as an industry make sure that we are following up on all of these promises that can really help on the growth and sustainability of the industry.
Below are the promises Trump made...courtesy of AZ News (https://azc.news/10-crypto-policies-promised-by-trump-id30102/).
As the election season has started to settled in and after the smiles of the winners and that of their supporters as well as the tears and glooms of those in the other side of the fence, it is time that we go into the things that politicians promised most especially for the cryptocurrency industry...and we can start with President Trump, of course.
Right from the very start of his campaign, Trump's team recognized the power and the influence of this industry and they know that votes from the crypto people can help him clinch the presidency, very much adding to the "too big to rig" strategy.
Now that Trump will surely be inaugurated in January 20, 2025, let's all make some reviews of the promises he made and let's all as an industry make sure that we are following up on all of these promises that can really help on the growth and sustainability of the industry.
Below are the promises Trump made...courtesy of AZ News (https://azc.news/10-crypto-policies-promised-by-trump-id30102/).(https://tiendientu.com/wp-content/uploads/2024/11/1-4-1.webp)
So it's good that we can have this thread and see how he will do when he officially in the White House next year.yes we can use this thread to check off from the list and monitor his progress and his battle against anti cryptocurrency and we’ll see if he’s actually doing a good job or anything he has said was nothing but a hoax
It's obvious that his next target is to replace Gary Gensler with his nominee, and it should be a pro-crypto SEC Chairman.i do think it will be the first thing he will do i mean isn’t the first thing most presidents do is organize the people working for them? they are going to want people on their side before they officially start working so they already have the support they need.
Yes 2024 US presidential election is expected to significantly impact cryptocurrency industry. Donald Trump once critical of cryptocurrency has repositioned himself as a pro crypto candidate aiming to make US "crypto capital of the planet". His economic policies characterized by deregulation and tax reductions may stimulate institutional investment and elevate Bitcoin market value. Despite uncertainty one trend seems inevitable interest rates are likely to decrease, flooding markets with liquidity and potentially fueling Bitcoin rise. Historically Bitcoin has tended to increase after US elections regardless of the winning party. As crypto narrative continues to intertwine with US election cycle the choices made in voting booth could determine trajectory of this transformative technology.
In fact, all of these are very strong promises that the crypto community is drooling over and they hope that Trump will fulfill all of these promises because this will change the course of the entire industry.
Among the best of these promises are the dismissal of Gary Gensler, as well as the creation of a strategic reserve fund for Bitcoin, preserving current Bitcoin holdings in the United States, and also proposing cryptocurrencies as a solution to the national debt, but I do not know if Trump as president is capable of doing these things without the approval of Congress?
There were reports earlier that they want to offload all of this, but I'm sure Trump is going to veto that and make sure that they have crypto holding while he is the sitting President. Although if we look forward after 2025, it could be a bear market for us. But let's see about this policy and who are the people that he will surround himself, advisers that have knowledge about the intricacies of crypto that will help him decide on how to make US the crypto capital as per his promise.Yes, it is true. A short while ago, there was news about the US government transferring its Bitcoin holdings to a new wallet, and there were speculations that the Biden government wanted to sell it before Trump won, but fortunately they have not been able to do so yet.
You also made an important point, which is that Trump should choose the advisors who will help him in his mission well, because this is a very sensitive point, so he should choose the right advisors carefully.It will not be very simple for Trump to implement all the promises he has made concerning crypto in the US. Everything will take time and it will also depend greatly on those he will choose as his advisers. A wrong choice will leave the crypto community disappointed even though Trump has good intentions.
Crypto has become very complex, the advisers should not just be politicians, but people who truly understand what crypto is and can bring up a balanced policy that will be both favourable to the Government and the people. I know fulfilling all these promises will not happen too soon, but let's just give Trump time.Yes, that is absolutely true. Trump alone will not be able to fulfill his promises of openness unless he has good advisors who will help him make the right decisions if he wants to follow through on his promises.
In my opinion, Trump's next most difficult task will be to replace Gary Gensler, the head of the SEC, and choose the right person for this task, because the SEC's mission is basically to find a balance between creating an open environment for companies to operate in and protecting investors at the same time. If he succeeds in choosing the right person, I am confident that everything will change for the better.Gary Gensler has been anti-crypto all through his time as sec chair, regulation by enforcement is not the proper way to regulate the industry and it has been a scourge to crypto projects and firms. If Gary leaves as sec chair, then that is a good thing for the crypto network and even better if someone with more progressive and liberal policies takes the office.
I do not think replacing Gary Gensler will be a difficult thing to do. The president has authority over appointments and removals based on facts that are justifiable. Gary Gensler has proven to many to be incompetent. Just some days ago, the SEC commissioner Mark Uyede showed disapproval over agency's approach to crypto regulation. In his words, he called it "a disaster". Many other people are talking about it too.
In my opinion, Trump's next most difficult task will be to replace Gary Gensler, the head of the SEC, and choose the right person for this task, because the SEC's mission is basically to find a balance between creating an open environment for companies to operate in and protecting investors at the same time. If he succeeds in choosing the right person, I am confident that everything will change for the better.
As the election season has started to settled in and after the smiles of the winners and that of their supporters as well as the tears and glooms of those in the other side of the fence, it is time that we go into the things that politicians promised most especially for the cryptocurrency industry...and we can start with President Trump, of course.I hope that Trump will fulfill his promises. In case he forgets, the crypto community will go on Twitter and Truth Social to remind him of what he said. I'm only focused on Trump BTC reserve plan because it could play the most important role in bringing crypto to global success.
Right from the very start of his campaign, Trump's team recognized the power and the influence of this industry and they know that votes from the crypto people can help him clinch the presidency, very much adding to the "too big to rig" strategy.
Now that Trump will surely be inaugurated in January 20, 2025, let's all make some reviews of the promises he made and let's all as an industry make sure that we are following up on all of these promises that can really help on the growth and sustainability of the industry.
I do not think replacing Gary Gensler will be a difficult thing to do. The president has authority over appointments and removals based on facts that are justifiable. Gary Gensler has proven to many to be incompetent. Just some days ago, the SEC commissioner Mark Uyede showed disapproval over agency's approach to crypto regulation. In his words, he called it "a disaster". Many other people are talking about it too.Yes, the president can fire the SEC chairman for just cause, but that's not what I meant. I meant that finding a suitable replacement is a difficult task, although there are many qualified people but finding the right person is not an easy task, as I mentioned we want someone who will preserve the industry and the growth of the companies and protect the users at the same time.
Regardless of the fact that Trump’s words cut against Supreme Court precedent—as Decrypt has reported, a president can’t fire an SEC chair without cause—the names of several potential Gensler replacements are making the rounds ahead of Trump's inauguration on January 20.https://decrypt.co/290718/who-is-most-likely-to-replace-gary-gensler-after-trump-win
That list includes Hester Peirce and Mark Uyeda, both SEC commissioners; Dan Gallagher, Robinhood’s chief counsel; former chairman of the U.S. Commodity Futures Trading Commission, Chris Giancarlo; and former Binance.US CEO Brian Brooks.
Promises are just proposing and recommending seem a typical politician but we'll see. People prefer to have someone else other than Biden but Trump is popular and already have the experience since the last makes him very qualified. We'll just have to find out whether they are just proposals and recommendations.
Halting the CBDC development looks good. I think majority are opposing CBDC.
As for CBDC, i think it is Centralization, and has deviated from the original concept of crypto decentralization. Nobody will actually need CBDC, and i think it is not necessary.Cbdc's is simply digital fiat, so we all know it is centralized, it has nothing to do with decentralization, also take note that not all cryptocurrencies are decentralized, there are a lot of centralized coins, and it is just BTC and a few others that are truly decentralized. I don't need cbdc, but i know the government will try to force it on people.
I do hope that everything positive that could come out with the promises be implemented and make sure that it is doneIf of the promises is implemented and ensured. Not everything should be implemented right away, but at least I hope once he gets into it, it will be done. If not, I feel like the people were just used if that’s the case.
As for CBDC, i think it is Centralization, and has deviated from the original concept of crypto decentralization. Nobody will actually need CBDC, and i think it is not necessary.
This man is not just bringing Bitcoin to America for fun this man has a very big plan for the economy he has the insight of where Bitcoin is running to, man, he is very wise I tell you.We appreciate the fact that Trump's support for Bitcoin has drawn lots of attention to Bitcoin and the crypto industry at large, but, we still have to be realistic here. Implementing those promises might become far more complex than he imagined. Trump will be too careful not to make policies that will weaken the fiat. Even if Trump makes attempts to fulfil his promises, there will certainly be some compromise.
Making U.S the capital of crypto, stop America from spending from their holdings, cease hostilities within an hour in action. So deadly and serious promises and people are still afraid of if he would deliver his promises to crypto currencies he would definitely fulfill them.
This man is not just bringing Bitcoin to America for fun this man has a very big plan for the economy he has the insight of where Bitcoin is running to, man, he is very wise I tell you.I agree with your statements and he is certainly a good man he is against all wars and currently he has strict rules against any illegals he has already closed the borders even though he have not given the full power of a president as far as I know.
Making U.S the capital of crypto, stop America from spending from their holdings, cease hostilities within an hour in action. So deadly and serious promises and people are still afraid of if he would deliver his promises to crypto currencies he would definitely fulfill them.
- He also made a lot of promises about cryptocurrency policies; if he can fulfill at least 50% of them, that's okay with me, but if he can fulfill everything, that's even better, and I'm sure more people will support him in the future.
We will see how he will fulfill his promises with regards to crypto and Bitcoin in general. And we have seen that all Bitcoiners are happy to see him in office because of his pledge with Bitcoin and we have seen the price going on a parabolic rise and hitting new all time high.
So it's good that we can have this thread and see how he will do when he officially in the White House next year. It's obvious that his next target is to replace Gary Gensler with his nominee, and it should be a pro-crypto SEC Chairman.
Now that Trump will surely be inaugurated in January 20, 2025, let's all make some reviews of the promises he made and let's all as an industry make sure that we are following up on all of these promises that can really help on the growth and sustainability of the industry.
But to trump.
he can pass a cap gain incentive if you are usa based and sell your crypto to the treasury.
say you sell at 101k and the basis was 1k. that is 100k gain. no cap gain tax cause you sold it to us gov.
easy peasy move. And I bet he wont do this..
I bet bigly he will be a crypto screw ball instead.
But to trump.
he can pass a cap gain incentive if you are usa based and sell your crypto to the treasury.
say you sell at 101k and the basis was 1k. that is 100k gain. no cap gain tax cause you sold it to us gov.
easy peasy move. And I bet he wont do this..
I bet bigly he will be a crypto screw ball instead.
You know already that close to nobody actually living in the US believes his promises and they all look surprised to find out that Americans already got fleeced one time by this guy, but still, what you're saying might be done!
And not because it's easy or for the love of crypto, but because it would allow a lot of guys in charge to rake in a lot of millions avoiding taxes, and there are a lot of donors that look to re-coup the investments.
Promises are just proposing and recommending seem a typical politician but we'll see. People prefer to have someone else other than Biden but Trump is popular and already have the experience since the last makes him very qualified. We'll just have to find out whether they are just proposals and recommendations.
Halting the CBDC development looks good. I think majority are opposing CBDC.
Now that Trump will surely be inaugurated in January 20, 2025, let's all make some reviews of the promises he made and let's all as an industry make sure that we are following up on all of these promises that can really help on the growth and sustainability of the industry.Sorry for replying late on this topic, but it came to my sight now but I already read about the promises he made from different sources, and this one is made very sophisticated (as the image alone is helpful), so if we see, the first promise on the image is done, the second is done, and now the hype and trend in the market is of the reserve, and if it also gets done, then the 3rd (reserve) and 4th (not selling BTC holdings) both will be fulfilled as well.
fire gary gensler sec chair can now be taken off the list as trump appoints paul atkins there are still many in the list we are really to see but at least trump is doing them one by one some may take longer than others but i am glad he is completing the most important ones like fixing sec he needs to keep replacing the people working with him if he wants the entire government to unite and be cohesive in decision makings
what could be his next step???
Its a stroke of luck that Trump's advisers think of Cryptocurrency as one of the agenda in his campaign, it may not be considered a main factor but its still a factor that contribute to his winning the election.
Trump set a lot of history in winning the election but his policy in Cryptocurrency will make him a historical figure in the Cryptocurrency industry, Cryptocurrency and blockchain will continue to exist even before Trump's lifetime but if he fulfill his promise, he will be a prominent figure in Bitcoin's history.
As for CBDC, i think it is Centralization, and has deviated from the original concept of crypto decentralization. Nobody will actually need CBDC, and i think it is not necessary.Cbdc's is simply digital fiat, so we all know it is centralized, it has nothing to do with decentralization, also take note that not all cryptocurrencies are decentralized, there are a lot of centralized coins, and it is just BTC and a few others that are truly decentralized. I don't need cbdc, but i know the government will try to force it on people.
Number ten promise was to free Ross, and it happened. This is what I found on another forum today shared by a forum member.Actually, I think that you could explain a best opinion in your comment. I am also agree with your prefer comment. Because we know that Donald trumps ten promise will be very helpful for all crypto users. We also believe that when ten promise will continue running in cryptocurrency world, then gradually almost every country will inspire in cryptocurrency world. So we can get many others traders and investors. Which will be very helpful for crypto users. So I believe that within a short time ten promise will stable in cryptocurrency world.
(https://talkimg.com/images/2025/01/22/W3CGd.jpeg)
It looks good so far because Trump is keeping his promises. If he continues like that and the US people support him for his work, probably this will be the golden time for cryptocurrency users in the world. Other countries will start to see Bitcoin positively and they will lift bans from Bitcoin.
Yes, it's good to see the he free Ross already.
But I think as a Bitcoiner, the biggest promises that we wanted to see it to make Bitcoin as a strategic national reserve for the US. I know it's not that easy as there are opposition from the FED, but as someone said, he is a boss man so let's see if he can used his stature and influence and change the stance of FED and allow Bitcoin to be part of their national reserve.
If this happens we could only imagine what will be the price this bull run.
It is okay to remind yourself of these promises made by Donald Trump, but do not focus too much on it because, just as any politician, his political interests could change, and then we'll find that he may go against some of the policies made. We don't expect that to happen, though. I hear some people are worried about Donald Trump and Elon Musk promoting something else and not bitcoin. I think we should be worried less about that because no matter what, bitcoin will still progress.
Reducing Ross' sentence is not good enough. He needs to be freed.
Although I suspect that half of these promises are only fulfilled because Elon and the D.O.G.E fires everyone who is responsible for said crypto obstruction.
I'm not going to lie, I don't like these what I see as "cartoon villains". But if they actually manage to shake off all the special restrictions against USA by many crypto providers (especially eliminating the New York BitLicense), then that would be really cool.
I doubt the idea that half of the promises made by Donald Trump during elections campaigns were because of Elon Musk and the Dogecoin, or any memecoins, or that the promises was made to fire anyone who stand as obstruction to the plans.you seem to be confusing dogecoin and d.o.g.e (department of government efficiency) which was recently created for elon musk to lead some people believe that this new department was created specifically for elon musk
The fact remains that President Trump and Elon Musk love meme coins, and it is not in any way meant to intimidate or oppress anyone on the community in my opinion.i have yet to see the love from trump to be honest wanting to get profit from memecoins is not exactly love to me lol he doesnt really even mention memecoins in his speeches and only focuses on bitcoin mostly
The fact remains that President Trump and Elon Musk love meme coins, and it is not in any way meant to intimidate or oppress anyone on the community in my opinion.No it is not, it is meant to make the president and his wife more money, have you seen a president launching a meme coin before. Meme coins are shitcoins that rip people off their money, a president should not launch such a project. I commend Trump for releasing Ross, but other than that, nothing else has excited me, yet.
i agree that there could have better things that trump could have done to show support to the community launching a memecoin that does not even have any utility seemed like a lazy way of wanting to relate to the crypto community and at the same time earn some money i do wish his team could have put in more research and more effort into releasing a token or maybe a coin that is not just profitable to trump but also useful for the us citizens or maybe even those not from the usThe fact remains that President Trump and Elon Musk love meme coins, and it is not in any way meant to intimidate or oppress anyone on the community in my opinion.No it is not, it is meant to make the president and his wife more money, have you seen a president launching a meme coin before. Meme coins are shitcoins that rip people off their money, a president should not launch such a project. I commend Trump for releasing Ross, but other than that, nothing else has excited me, yet.
What I am really waiting for is when bitcoin will be a strategic reserve in United States. I think other countries can follow and make bitcoin to be part of their reserves. Bitcoin will get more recognized in the world. The price will get to over $1 million one day.
Yeah, I don't like CBDC too, it doe not alliened with the cryptocurrency concept of decentralization which makes it unnecessary to run side by side with Cryptocurrency, being a Centralized government back currency.
There are countries campaigning for CBDC because they want to monitor their citizen's transactions at all cost. I think CBDC should not operate on the blockchain because it may increase regulatoins.