The “Made in USA” Category Transforms as Trump Exempts XRP from Taxes

[philipma1957]

OK what about Dogecoin then?

Dogecoin was invented by some American dude in his basement as a joke.

That means it is Made in USA.

Litecoin by Charlie Lee is also made in USA.

Even ETH and Cardano are made in USA.

Even fucking $BASE and USDT are made by an American company too.

You can't cry "Made in USA" and then say it only applies to Ripple. That's favoritism.

XRP bros are going to be very disappointed when the Strategic Bitcoin Reserve bill passes.

Yeah doge will really take off if idea is true. true time will tell. .

[Stompix]

https://en.cryptonomist.ch/2025/01/21/vitalik-reaffirms-the-exclusive-leadership-in-the-ethereum-foundation/
This is ethereum, the most decentralized coin after bitcoin... basically vitalik's blockchain.

And you just found out that? 

There isn't such authority in bitcoin protocol.

Well.....there is...
Cause you see both segwit and more recently rbf was pushed by a team of people, it's not a one-man decision but still, if the current devs don't want to implement something, well, it doesn't get implemented no matter how many bitcoiners want this, same for the things we might not want but get done! Less centralized but it's not like some perfect democracy where everyone gets a saying.

And no, don't say anything about anyone able to fork their version cause that's what eth classic was.

[God Of Thunder]

Mate, I have a different opinion concerning your thoughts about decentralization, just as you said that bitcoin is the only decentralized coin, i think that bitcoin was also invented by some person(s), though with an unknown identity, but the probability of the inventors unmasking himself or themselves may not be rule out completely in the future.
However, i think that decentralization remains the same across many coins/tokens irrespective of the identity of the inventors or founders of the projects.

I don't think you know what decentralization is. If the coder can control a token/coin and they have pre-mined tokens, that is not decentralized. If developers can change the supply limit and increase it whenever they want without forking the coins, that is not decentralized. You need to learn about it. Not only that, anyone can code an improvement for Bitcoin, and the community can decide what to do. But when it comes to other coins/tokens, have you ever seen that community can decide what to do with the token?

[philipma1957]

I fixed title as Trump may exempt xrp from taxes.

He may also exempt doge and many other made in the USA coins.

As for decentralization it is of no importance as this is about USA made coins getting a tax break and no coin officially gets a break yet.

[bitmover]

As for decentralization it is of no importance as this is about USA made coins getting a tax break and no coin officially gets a break yet.

Yeah, I agree, decentralization is not important here.

The concept of a "made in USA" coin is based in the idea that the main people behind the project are American, so I don't think decentralization is even possible here.

a complete decentralized cryptocurrency is world wide, not restricted to USA

[philipma1957]

As for decentralization it is of no importance as this is about USA made coins getting a tax break and no coin officially gets a break yet.

Yeah, I agree, decentralization is not important here.

The concept of a "made in USA" coin is based in the idea that the main people behind the project are American, so I don't think decentralization is even possible here.

a complete decentralized cryptocurrency is world wide, not restricted to USA

Exactly that.  It is also in the let's throw a lot of darts at the wall and see what sticks stage.

If they give it to Doge = a score for me.
If they give it to LTC = a score for me.
If they give it to Solana = a score for me.

Ripple = I get hurt
Eth = I get hurt

BTW I do not think they can claim BTC was made in the USA basically because satoshi is unknown

So it could be a way to attack BTC if they give it to ripple.

and they have not given it to any coin despite the Title of the thread.

[Stompix]

I fixed title as Trump may exempt xrp from taxes.
He may also exempt doge and many other made in the USA coins.

Wait till he slaps tariff on any coin that is not made and mine in the USA 
You bought ETH from a Canadian guy, that's 25% plus another 25% lu s10% from being unpatriotic.
Were your Bitcoins first mined in China? 25%

[NotATether]

Well.....there is...
Cause you see both segwit and more recently rbf was pushed by a team of people, it's not a one-man decision but still, if the current devs don't want to implement something, well, it doesn't get implemented no matter how many bitcoiners want this, same for the things we might not want but get done! Less centralized but it's not like some perfect democracy where everyone gets a saying.

And no, don't say anything about anyone able to fork their version cause that's what eth classic was.

The bitcoin organization on github has rolling membership based on who is an active contributor to the repository. There are no members emeritus like in the ETH Foundation, so you can be sure that changes are being developed by people who actually work on the code.

[Bobcrypto]

Is this an independent idea coming from Coingecko, or will someone from Trump's team present this idea to the Coingecko team by creating a category for the US-based coins/tokens They will have an edge from developers outside of the US jurisdiction, and of course the tax exemption is a big factor.
Investors will likely add this parameter when thinking of investing on one coin they want to invest in.

I think this idea is unnecessary, cryptocurrency is a community driven ecosystem, there shouldn't be segregation of US brand on coins/tokens, it doesn't make sense to me. wherever this idea is coming, whether coinGecko team or the Trump's team, is irrelevant and this will not in any way contribute to the growth and developments of these US based coin/tokens in my opinion.
There should be a level playing ground for all coins/tokens investments on all region to enhance token demands  globally.

[philipma1957]

I fixed title as Trump may exempt xrp from taxes.
He may also exempt doge and many other made in the USA coins.

Wait till he slaps tariff on any coin that is not made and mine in the USA 
You bought ETH from a Canadian guy, that's 25% plus another 25% lu s10% from being unpatriotic.
Were your Bitcoins first mined in China? 25%

yeah thats right. check out my poll and you will see he is still losing to joe biden when it comes to btcs ath.

https://www.altcoinstalks.com/index.php?topic=327800.msg1710556#msg1710556

[bitmover]

Is trump also mentioning tax exemptions for solana?

That would make perfectly sense as it is also USA based, and would certainly be bullish

[philipma1957]

Is trump also mentioning tax exemptions for solana?

That would make perfectly sense as it is also USA based, and would certainly be bullish

I stack some Solana lets hope it whales