The Trump family's cryptocurrency project, World Liberty FInancial, has just announced its token allocation. 63% of WLFI tokens will be sold to the public, 17% will be used for user rewards, and the remaining 20% will be used for the team. This is a rare milestone or turning point in DeFi, which has been dormant for many years. After all, it was at the presidential level who made the final decision in person.
World Liberty FInancial plans to provide cryptocurrency lending services on the Ethereum blockchain network. It will be more "user friendly" and accessible than existing solutions, and will be based on the non-transferable WLFI governance token. And it will be compliant.
Before announcing the token distribution, Trump chatted about his understanding of Crypto for 30 minutes on Twitter Space. The 78-year-old veteran who experienced two assassination attempts in less than two months continued to express his love for Crypto and criticize He Jinli during the live broadcast. He praised his children’s love for cryptocurrencies, acknowledged their growth, and was astonished by the success of NFT sales versus the ratio of payments via cryptocurrencies.
TL;DR
・As usual, thank the Secret Service for the second protection
・Perceptions of the current political environment, including criticism of the Democratic Party
・Support for cryptocurrency, believing that the United States should become the global center of cryptocurrency, and mentioned the participation and influence of his family members in the field of cryptocurrency
・The success of the launched NFT project and the awareness of cryptocurrency payment methods through this project emphasizes the potential of cryptocurrencies in the art and collectibles market
・Emphasis on the importance of the United States remaining a leader in technological innovation, including in artificial intelligence, cryptocurrency and other emerging technologies
Can you talk about the assassination attempt that just happened?
Trump: We heard gunshots in the air, maybe four or five, and the Secret Service immediately knew they were bullets, and I was with an agent, and there was no question that we were leaving that stadium. Actually I was hoping to hit the last ball in. There were gunshots because Secret Service agents saw an AK-47, a very powerful rifle, and started shooting at the AK-47's location. The suspect jumped in the car, someone photographed the license plate and he was tracked down the highway within a fairly short period of time and eventually caught, the Secret Service did a great job.
This is the second time something like this has happened to you in less than two months. What do you think?
Trump: Well, there's a lot of talk right now, and it seems like both of these guys are radical leftists, and the first one they should know more about, has behavior that hasn't been made public, which is very strange, the shooter's father was found in Pennsylvania. The biggest lawyer, it's weird, I was down and the Secret Service was right there and the bullets were flying right over their heads and they weren't hit but three other guys were hit and they were presumed dead, But the other two actually survived. Usually when we hear the sound of bullets, we will hear a lot of bullets, a large group of people will always start running, there will be a stampede, and when they stampede, there will be many casualties, but they will not have anyone running, thousands of people , no one ran, in fact some of them stood up looking for the gunman and saw the man with the gun.
I mean maybe this is God wanting me as president to save this country, no one knows, but when I turn to the right, it's very unusual because people are not on the right, people are standing in front of me when As my head turned at a precise 90-degree angle, the bullet whizzed by and grazed my ear.
You have it all, but after your life has been threatened so many times, you are still here, you have been President of the United States of America, you are about to become President of the United States of America again, why are you doing this? What inspires you?
Trump: We have a country in trouble, a country that I love, I love the people of this country, my supporters love this country, and they hate to see what's happening to this country when you have 21 million people from around the world Everywhere, from prisons, from mental hospitals and lunatic asylums, you know they're different, they're coming in as terrorists, they're coming into our country at unprecedented levels, they're taking over our towns, they're taking over the small cities and the big cities, Look at New York, look at Chicago, look at Los Angeles, thousands of these people, many of them are rough people in many situations.
If you look at Colorado, you have a governor who doesn't know what he's doing, he's scared out there, he doesn't know what to say, Venezuelan gang members are actually taking over real estate, and they're being in a very different way Real estate developers, they take over buildings, everyone is afraid of them, they have AK-47s, they have MS-13s, it's a bad gang, we're going to clean them out, we're going to get them out. I love this country and we are going to make America great again and we are going to be able to do it, we have done it before and we will do it again and it will be easier this time. The situation at the border this time is worse than ever, it's the worst border ever, they're not doing the job they have to do and as for Kamala, she's a border czar, she's a Marxist, she Wants to tax everyone so they can't operate, she wants to raise taxes to 70-80%, she wants an unrealized capital gains tax, which is the craziest thing I've ever heard of, if she comes into power, We'll end up in a depression.
Cryptocurrency is trying to change the financial system, but it always feels like there is some force against us. Do you feel the same way, that there is some force against you?
Trump: There are a lot of bad things in the world. I want to solve the Russia-Ukraine problem, the inflation problem, we are withdrawing from Afghanistan, but with dignity and strength. It was the most embarrassing moment in the history of our country, frankly. , if not for that, Russia would never have entered Ukraine. If I don't win, it's only going to get worse and we're going to end up with Venezuela and we're going to have a Great Depression like 1929 and we have to make sure that this guy doesn't come to power and we can't have a Marxist communist president and we're going to have Our country is greater than ever and you're going to be happy and you're going to love your cryptocurrency and as long as you have cryptocurrency you're happy so I want to make sure you're happy,
You mentioned that “the United States should be the world capital of cryptocurrencies”, why isn’t it now?
Trump: Well, now you have a very hostile SEC, government against cryptocurrencies, and no one understands why. My attitude is different. If we don't do it, other countries will do it. We have to be the biggest and the best. When you look at the value and when you add everything up, the value of this whole thing is greater than the first 20 companies they showed me, the number is just huge. Cryptocurrency has suffered some credibility issues but it's growing and I really believe in it and I also know a lot of friends who are really into it and my kids talk about wallets and he has like four wallets and knows a lot about it. It's a new and huge business with a chance to really become something special.
Has learning about cryptocurrencies from your children impacted you?
Trump: It makes things easier. It's a bit like a language. For example, my granddaughter, she speaks fluent Chinese. She learned Chinese from a Chinese nanny when she was two or three years old. I think encryption Currency is a little similar, there's a learning curve and my kids really understood cryptocurrencies in the beginning.
Why is it so important for the United States to lead in cryptocurrency adoption and innovation?
Trump: It’s cryptocurrency, it’s artificial intelligence, it’s a lot of things, and when it comes to the future of artificial intelligence, it’s going to require enormous power capabilities, if you take all the electricity in the United States, in order to dominate in artificial intelligence. Status, you need twice that amount of power, who would have thought so? You need twice as much power as we already have. There are countries that are already building power plants and they want to build them for artificial intelligence, which is very important, but we have environmental impact issues. Whether it's cryptocurrency or artificial intelligence or other things that are coming out, we want to have a great country, we want to stay at the top, we're making things now, we're leading the way in many ways, and I'm very proud of that. One thing is Space Force, now we are the leader in space and I have to say, Musk is doing a great job, he's a friend of mine and he endorsed me very strongly to be president, which is unbelievable, but he He has done a great job in space, and he has launched 90% of the rockets launched in the world.
Does the United States need a legal framework for cryptocurrency so that businesses can thrive and survive here?
Trump: I think they should have, they should also have some safeguards, and maybe some would say that's a bad thing, but no, it can't be completely laissez-faire, and I've talked to some of the big cryptocurrency people and they want safeguards , but the environment right now is very hostile, and from what I understand, the SEC has been very hostile and really out to get people, and I think, frankly, they've been treating people a lot better since they heard about my involvement, and cryptocurrencies are What we have to do, whether we like it or not, we have to do it.
Does it surprise you that your NFT sales were successful?
Trump: I entered the industry very late, and NFTs are considered unpopular. I thought it might take six months, maybe a year, to sell my NFTs, but they were sold out very quickly. Then we did a second batch and it was the same thing, and then we did a third batch and people really wanted a fourth batch.
Are NFTs an important part of the digital asset value story?
Trump: Kind of, because so many people are paying via cryptocurrency, and I did ask and the vast majority of people were paying via cryptocurrency, and I was a little surprised, and that was a while ago, and it opened up I think my children have broadened my horizons more than anything else.
If there's one thing that makes you look at cryptocurrencies differently, what is it?
Trump: Maybe NFTs. Again, I'm surprised by the proportion of NFTs being traded through cryptocurrencies, and the enthusiasm of my young sons for this, and I have a lot of smart friends who also believe in cryptocurrencies.
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