Trump's 8 Bitcoin Promises: Can He Deliver or Is It Just Crypto Campaign Rhetoric?
Trump’s 8 Bitcoin Promises: Campaign Genius or Policy Fantasy?
The Context: Love him or loathe him, Trump has made cryptocurrency a wedge issue in the 2024 election. His recent NFT gala speech and Bitcoin Conference appearance revealed an unexpected courtship of crypto voters. But as someone who’s studied tokenomics for eight years, I see glaring gaps between political soundbites and blockchain realities.
1. “All Remaining Bitcoin Mined in USA”
Trump wants America to dominate Bitcoin mining, claiming it’ll boost energy leadership. Technically impossible. With only 10% of BTC left to mine globally, forcing geographic concentration violates Nakamoto’s decentralization principle. Bitfarms’ CEO Ben Gagnon told me: “Even with deregulation, no single jurisdiction should control mining.”
2. Paying $35T Debt With Crypto
His NFT event comment about using crypto to erase national debt made headlines. While theoretically possible (El Salvador proved), Ric Edelman notes: “No president can unilaterally create a crypto reserve fund.” This smells more like attention-grabbing than actionable policy.
3. Strategic Bitcoin Reserves
More plausible. Senator Lummis already proposed acquiring 1M BTC over five years. But legal hurdles exist - much government-held crypto comes from seizures (like Bitfinex hack recoveries). Victims might sue if their coins get nationalized.
4. Firing SEC’s Gary Gensler Day One
Every crypto trader’s fantasy, but legally thorny. While presidents can remove SEC chairs, doing so without documented cause sets dangerous precedents. Realistically? Gensler stays until proper succession formalities complete (12-18 months).
5. Killing CBDCs
Aligned with Republican orthodoxy. Multiple GOP bills already oppose Fed digital currencies over privacy concerns. Easily executable via executive order - but future administrations could reverse course.
6. Pardoning Silk Road’s Ulbricht
Politically risky but straightforward constitutionally. Presidents have wide clemency powers for federal crimes. Whether this rewards criminality or corrects sentencing overreach depends on your perspective.
My Professional Take: As a numbers guy, I rate these promises on a “Satoshi Compliance Index”:
- Mining nationalism: 2⁄10 (anti-ETHic)
- Debt solution: 3⁄10 (theatrical)
- SEC overhaul: 6⁄10 (possible with time)
The deeper issue? Politicians treating crypto as electoral confetti rather than engaging its philosophical foundations. If elected, watch whether Team Trump consults actual cryptographers - not just campaign donors.
BlockchainMaven
Hot comment (8)
Trump dan Bitcoin: Mimpi atau Realitas?
Dengar-dengar Trump janji bakal bikin Amerika jadi raja Bitcoin mining. Eh, tapi kan tinggal 10% BTC yang belum ditambang? Kayak mau rebut kue ulang tahun tapi udah tinggal remahannya aja!
Bayar Utang Pakai Crypto?
Katanya mau hapus utang $35T pake crypto. Wah, kalo gitu kita semua bisa bayar hutang pake NFT dong? Tapi jangan lupa, ini kan cuma di dunia fantasi politik!
Gensler Bakal Dipecat?
Semua trader crypto pasti seneng denger ini. Tapi sayangnya, pecat orang enggak semudah jual token rug pull! Butuh proses legal yang panjang… mungkin sampe Bitcoin halving berikutnya belum kelar juga!
Komen kalian apa? Percaya sama janji-janji crypto Trump?
“미국에서만 비트코인 채굴? Nakamoto 님 뒤집히실 듯!”
트럼프의 8가지 비트코인 공약 중 가장 황당한 건 단연 ‘미국 독점 채굴’이죠. 남은 BTC의 10%만 채굴 가능한데, 이게 과연 실현 가능할까요? 차라리 “모든 한국인에게 김치 할인 코인”을 약속하는 게 더 현실적이겠네요. 🚀
SEC 해체는 모든 트레이더의 꿈
개리 젠슬러 SEC 의장 해임은 암호화폐 투자자들의 로망이지만… 대통령이 맘대로 해고할 수 있는 직위가 아닌 걸요? 차라리 “젠슬러 얼굴로 NFT 출시”하는 게 더 빠를 거예요! (수익금으로 국채 갚는다면 몰라요)
여러분은 트럼프의 공약 중 가장 믿을 만한 게 뭐라고 생각하시나요? 💬 아래에 의견 부탁드립니다!
Trump en mode Satoshi ?
Quand Trump promet de miner tout le Bitcoin restant aux États-Unis, on se demande s’il a compris que la décentralisation, c’est un peu le principe de base…
La dette payée en crypto ?
35 000 milliards de dette effacés comme par magie ? Même les NFT de Trump n’y arriveront pas.
Et Gensler dans tout ça ?
Virer le patron de la SEC ? Encore une promesse qui sent plus le coup de pub qu’une vraie politique crypto.
Bref, du grand spectacle façon ‘bull run’ électoral ! Et vous, vous y croyez ?
¿Trump minando Bitcoin en EE.UU.? ¡Ja!
Dicen que quiere que todo el Bitcoin restante se mine en su país. ¡Como si Satoshi hubiera dejado un manual para centralizar la descentralización! (Spoiler: No lo hizo).
El detalle épico: Con solo 10% de BTC por minar globalmente, hasta Bitfarms admite que es técnicamente imposible. ¿Será que Trump confundió Bitcoin con un muro fronterizo?
Y lo de pagar la deuda con cripto… ¡Qué buen chiste para el NFT Gala! Hasta El Salvador se ríe.
Mi veredicto profesional: 2⁄10 en el ‘Índice Satoshi’. ¿Ustedes creen que estos planes son blockchain o block-chiste? 😏 #CryptoYPolítica
From Wall Street to LOL Street
As someone who’s survived both crypto winters and political hot air, let me decode Trump’s 8 BTC promises like a SHA-256 hash:
1️⃣ “Mine all remaining BTC in the USA” – Sure, and I’ll personally convince Satoshi to rewrite the whitepaper. Even my quantum computer can’t bend blockchain geopolitics!
2️⃣ “Pay $35T debt with crypto” – Finally, a fiscal policy shinier than his gold toilets. Pro tip: Try paying contractors in Bored Ape NFTs next.
SEC Boss Firing Fantasy 🔥
Every trader’s wet dream (sorry Gary Gensler), but legally this isn’t The Apprentice. Though if he replaces SEC chairs like Coinbase listings… maybe HODL?
Reality check: These promises score 3⁄10 on my “Moon Mission Index” – more meme-worthy than executable. But hey, at least he didn’t promise to build a wall around ETH miners… yet.
Crypto voters, sound off: Buying the dip or dodging the hype?
Trump làm được không hay chỉ nổ?
Ông Trump lại ‘bắn’ 8 lời hứa về Bitcoin như bắn pháo hoa ngày Tết! Từ khai thác Bitcoin ở Mỹ đến xóa nợ $35 tỷ bằng crypto - nghe cứ như truyện cổ tích công nghệ ấy nhỉ?
Phân tích của trader crypto:
- Hứa khai thác hết Bitcoin ở Mỹ: Điều này vi phạm nguyên tắc phân quyền của Satoshi. Như bảo cả làng cùng đào vàng chung một cái giếng vậy!
- Dùng crypto trả nợ: Giống kiểu ‘để tôi mua vé số trúng giải độc đắc rồi trả nợ giúp nước Mỹ’ 😂
Thực tế thì có mấy cái khả thi (như sa thải Gensler), còn lại toàn là… chiêu trò vận động tranh cử! Các bạn nghĩ sao? Ông Trump có biết private key là gì không nhỉ?
Trump sa Crypto: Basketball o Bluff?
Parang laro lang ng basketball ‘to - madaming dribble (promises) pero hindi naman sigurado kung makakashoot! Yung pangako niyang gawing USA ang Bitcoin mining capital, eh parang gustong i-slam dunk yung buong blockchain. Sabi nga ng experts: ‘Technically impossible!’
SEC Chair Gensler: Feeling ko magiging MVP siya ng drama series na ‘Who Wants to Be a Fired Millionaire?’ Pagdating sa pagbabayad ng $35T debt gamit crypto… aba, mas believable pa yung ‘Pera ng Bayan’ ni Willie Revillame!
Bottom Line: Tignan natin kung crypto president ba talaga siya o… nag-iinvest lang sa meme coins? Kayo, naniniwala ba kayo sa ‘Bitcoin salvation’ ni Trump? Comment nyo mga ka-crypto! 🚀
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