New Era for Bitcoin in USA? Trump Delivers on His Crypto Campaign Promises

Justin Sun, the founder of Tron and a key figure in the blockchain space, recently took to X to praise Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President dedication to his promises and how they could impact the crypto industry. Sun called Trump the “Bitcoin President” and highlighted the importance of his crypto-related pledges as the 2024 U.S. elections approach.

Here’s what you should know.

A Leader Who Follows Through

According to Sun, Trump stands out as a leader who not only keeps his promises but often goes beyond what’s expected. Sun pointed to Trump’s decision to pardon Lyn Ulbricht, the creator of Silk Road, as a notable example.

This was a significant gesture, and Trump didn’t just issue the pardon; he personally called Ulbricht to share the news, showing his commitment to fulfilling promises to the crypto community.

Trump’s Vision for Bitcoin

Trump’s influence on Bitcoin was clearly stated during his keynote at the Bitcoin conference in Nashville. He promised that the federal government would keep its Bitcoin holdings, mainly obtained from criminal asset seizures, instead of selling them off.

 “If crypto is going to define the future, I want it to be mined, minted, and made in the USA,” Trump declared.

His vision for Bitcoin also ties into broader national goals, including energy independence, reinforcing his belief in the transformative potential of the asset.

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Boosting Bitcoin the Right Way

Trump’s support for Bitcoin is further backed by his economic proposals, which could benefit the crypto industry. Sun mentioned Trump’s plan to lower interest rates, which is historically linked to rising crypto prices as it makes capital more accessible.

At the Bitcoin MENA event in Abu Dhabi, Eric Trump shared the family’s excitement about crypto, predicting that Bitcoin could reach $1 million per BTC.

This is the new world and banks and governments are going to adjust, it seems!

Donald Trump’s inauguration sparks new ideas on Bitcoin reserves—read Bitcoin price prediction to see how his vision could impact the crypto market.

Could Trump Lead the U.S. to Blockchain Dominance?

Sun believes that Trump’s actions, such as the Ulbricht pardon and his crypto pledges, could help the U.S. become a leader in blockchain. If these promises come to fruition, Bitcoin and the broader crypto sector could experience significant growth under Trump’s leadership. Exciting times are ahead, indeed.