Key Insights:
- Trump’s Pro-Crypto Agenda: If re-elected, Donald Trump aims to make the U.S. the crypto capital of the planet, reflecting his shift in stance toward cryptocurrencies.
- World Liberty Financial Launch: Trump has launched a new cryptocurrency trading platform, World Liberty Financial, with active promotion from his family.
- Monetary Policy Influence: If re-elected, Trump plans to influence monetary policy, advocate for decentralized finance, and block the creation of a Central Bank Digital Currency.
Donald Trump has targeted an aggressive goal as he seeks to occupy the White House again: The United States of America should be the country with the greatest market and investors in cryptocurrency. At the same time, Trump has entered the cryptocurrency market by establishing a new trading ribbon, World Liberty Financial. This platform is being advertised via his social media accounts, which is strategic in his bid for the presidency.
Not only Donald takes on the Trump family in this business venture. Trump’s two eldest sons, Donald Jr. and Eric, are members of the platform in its active outreach. The co-chair of the Republican National Committee and Donald’s daughter-in-law Lara has also been active in this project. The family’s involvement in active political life and business forces them to balance on the edge of two worlds.
World Liberty Financial and Possible Conflicts of Interest
World Liberty Financial, according to a match report from Concordia, is likely to be a borrowing and lending service much like the recently stricken Dough Finance. I-SOL Nanotechnology Ventures Ltd. Formation remains virtually undisclosed, excepting stakes held by the Trump family. For a long time, there has been suspicion regarding this matter, especially considering Trump’s penchant for blurring the lines between business practices and politics. Many opponents raise the trump card warning, that should Trump be returned to office, he will capitalize on that same office to make changes that are favorable to the, I believe at the time, bitcoin business.
However, during his presidency, Trump changed his tune, stating that he dislikes digital coins as they could be used for illegal businesses. This has changed ever since. In May, Trump made it known that his campaign would accept cryptocurrency as a payment for their campaign, which shows how far he has come. Talking at a bitcoin conference in Nashville, he said he would make America the world’s capital of cryptocurrency, suggesting that he has fully downloaded the pro-cryptocurrency stance.
Diminishing Dyadic Corruption Schemes through Narcotization and Sendenism
Elections in the US have always been a concern for business leaders, especially concerning monetary policies. They are worried about policies like using low interest rates to boost economic growth. DeFi is something he also promotes. He has even indicated that he would support subsidizing the establishment of as many Bitcoin mining farms as possible, the aim being to increase electricity production. Trump additionally committed that a digital dollar controlled by the Federal Reserve is out of the question, exploiting the image of a man who champions such systems of finance that do not work with decentralized entities.
Trump’s move towards using cryptocurrency, including making it one of the campaign policies, is a way to win the younger generation, who are more interested in technology. As to why Trump is pro-crypto, it will strike the right chord with those against tyranny and the deep state. Dustin Stockton, a pro Trump activist involved in the crypto sphere, has gone on public record supporting this move stating it is a positive trend for Trump.
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