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 J. Trump is a US-based entrepreneur, Pro-crypto Politician, and the 45th and 47th President of the United States of America. He understands the importance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto leader.   Quick Facts   Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Known For Businessman, Pro-Crypto Politician   Once doubtful about Bitcoindominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his kitty. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency.   Donald Trump - Career Highlights & Events   2016 – Elected as the 45th President of the United States from the Republican Party.   2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments   2019 – Criticized Bitcoin and Libra on X, dubbing them as "not money"   2024 – Campaign signals potential openness to crypto-friendly reforms   2025 –  Elected as the 47th President of the United States from the Republican Party.   A meme coin, $TRUMP, is associated with Donald Trump, which is listed on the Solana blockchain platform. His family also backs World Liberty Financial (WLF), a crypto venture.     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.