At the Bitcoin Conference in Nashville, former President Trump outlined his principles and promises regarding digital assets. His principles reflected an understanding of bitcoin technology and culture, with a notable emphasis on the value of holding bitcoin long-term. Trump’s promises included significant policy changes, such as firing SEC Chair Gary Gensler, ending Operation Choke Point 2.0, establishing a bitcoin advisory council, ensuring the U.S. government holds bitcoin, and pardoning Ross Ulbricht.
5 Key Points:
- Bitcoin Principles: Trump emphasized “never sell your bitcoin,” highlighting its fixed supply and increasing value.
- Dollar Threat: He argued that the U.S. dollar is threatened by poor political management, not bitcoin.
- Policy Promises
:
- Firing Gary Gensler: Trump pledged to fire the SEC Chair on his first day in office.
- Ending Operation Choke Point 2.0: He promised to stop the campaign that restricts bitcoin companies from accessing financial services.
- Creating a Bitcoin Advisory Council: Trump committed to forming a council to advise on bitcoin policy.
- Government Holdings: He pledged that the U.S. government would hold its bitcoin, instead of selling it.
- Ross Ulbricht Pardon: Trump promised to pardon Ross Ulbricht, the Silk Road founder serving a double life sentence.
