Trump publishes a reform blueprint: Create a world cryptocurrency center and invites Musk to cooperate

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ABMedia
09-06
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Trump promises to embrace future industries, including cryptocurrency and artificial intelligence

According to Coindesk , former US President Donald Trump stated in a public speech at the Economic Club of New York on September 5 that if elected, he would embrace future industries, including the cryptocurrency industry and artificial intelligence, and build the United States into a global crypto industry. money center. While the entire speech covered his plans for the future of the U.S. economy, cryptocurrencies only made up a small part.

Trump emphasizes making the United States a cryptocurrency capital

Trump reiterated: "If I are re-elected, instead of attacking future industries, I should embrace them. Let the United States become the world capital of cryptocurrencies and Bitcoin." He also mentioned that he may become the leader of World Liberty Finance, an encryption project related to his family. "Chief Cryptocurrency Promoter!"

( Foreign media: Trump’s encryption project World Liberty is a lending agreement and will issue governance token WLFI )

( Twitter accounts of Trump family members were attacked by phishing attacks, using World Liberty Financial to defraud )

Speech focuses on economic reform: mentioning energy reform again

The hour-long speech detailed plans to overhaul the U.S. economy, reduce regulations and boost domestic energy production if re-elected. He promised: "I will launch a historic movement not only to free the economy, but also to get rid of redundant regulations. I hereby promise that during my second term, for every new regulation we enact, we will repeal at least ten outdated regulations." regulations.”

He also said that if elected, he would immediately issue a national emergency declaration to increase domestic energy production to meet the power needed in technological fields such as artificial intelligence, and to maintain the United States' significant lead over China in technological development.

Trump further explained: "We will remove all bureaucratic obstacles and quickly approve new pipeline drilling, including refineries, power plants, and reactors of all types. As these policies are promoted, energy supply will increase significantly, and prices will follow. If it declines, we will lead the world instead of lagging behind!”

Joking reveals that he and Elon Musk will set up a government efficiency committee

Trump also joked that he would accept Elon Musk's proposal to establish a Government Efficiency Commission responsible for controlling government financial revenue and expenditures and put it in charge of Elon Musk. Trump laughed and said: "If he (Elon Musk) is not busy, he can take over this task."

( Trump will establish a Government Efficiency Commission led by Musk )

Drawing a beautiful blueprint, can the future promised by Trump be realized?

Trump has outlined ambitious future economic reform plans, from cryptocurrency to increasing energy production, in an attempt to lead the United States toward global technological and economic leadership again. However, whether these promises can be truly realized will still need to test Trump's policy execution capabilities and the response of the global market. We can also think about whether the future blueprint drawn by Trump is just a cake to satisfy hunger, or can it bring about real change?

( Interpretation of Trump’s speech | The perfect combination of Bitcoin and political language, the intersection of the pain points of the crypto and the glory of the United States )

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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