What did he mean by this? Is he referring to Bitcoin holdings of the United States acquired by seizure, or have they made any Bitcoin acquisitions for the purpose of reserve? If there have been any, I will love to read about it.


That's a bold statement he made right there. No doubt the SEC chairman has really been against bitcoin, fighting against everything that the currency stands for.
 
He sees it as a big threat, but saying he will fire him on his first day in office is a bold statement, but yet I see it as an unwise one. It's wiser to say that he will be relieved from his duties as he can still remain in the agencies serving without, although earlier before now I read somewhere they said Gary Gensler will either resign or retire from office in ffice on the year 2025. 

I had free time some two hours ago to watch the conference which was heavily delayed due to Trump's lateness. But that's btw. Trump made a lot of big promises on that stage and I will be pleasantly surprised if he even gets to fulfill even half of those promises. He is right about one thing though — If Bitcoin is the biggest thing that's going to be around for the future, United States needs to get in and get in big.

There is one fact he mentioned that I've seen been discussed on the forum on multiple occasions and that's the fact that Bitcoin itself isn't a threat to the dollar.

I read in the local media that there were about 8 promises that he made. If all is fulfilled, I feel optimistic that Crypto in the future will have more and more room for development. But indeed, I always remember the political year in my country. There will be many promises made to gain the sympathy of many people. But once they got what they wanted, they forgot about the promise he made. Or they give excuses because promises are not fulfilled. I hope that doesn't happen in the US.

 

Not possible for the TDS’ers out there. They literally cannot see past their irrational hatred of him. What a mental state to be in!

In a previous statement, Trump mentioned that he would release Ross Ulbricht if elected, but yesterday at the bitcoin conference, he only affirmed his commitment to a reduced sentence, not an immediate release. Regarding the firing of Gary Gensler, he also mentioned this issue at the bitcoin conference today. If he is really as serious about bitcoin as he claims, he will do these things as soon as he takes office. But about turning bitcoin into a reserve asset, I'm really skeptical because I don't think he can decide and approve it easily. Congress and the Fed are the ones who decide this, a president can make proposals but cannot easily pass them himself.


https://x.com/WatcherGuru/status/1817304414807343407

I haven't seen the original video, maybe a lot of media is wrong in digesting Trump's sentence. But I think campaign sentences always have ambiguous meanings. This means that the sentence can later change in time. I did read 8 important points, but it seems that they all point to policies that support the development of Crypto in the United States.

This condition certainly makes me happy because the world's crypto episentrum is currently in America. The policies that emerge always have a major effect on crypto movement patterns. So if it is concluded that if Trump is able to become president again, it will be very good. But I also hope that Trump's opponents can also provide good policies later if Trump loses.

I also follow such events and want to say that there is a lot of falsehood in politics. When someone wants office, they make promises left and right to get the most support from the voters. And when the goal is achieved, as time shows, such politicians do not fulfill half of their promises. In order to justify that they have not fulfilled this or that promise, they nod and blame other authorities, which seem to stand in the way and prevent them from making this or that decision. Politicians who have been in politics should report to the public about what they have already done, particularly regarding Bitcoin, which has been around for years and has already survived several presidents. Tell the public what exactly this or that politician tried to do for Bitcoin and what prevented him from doing it. Trump has already been president and I think he should report what exactly he tried to do for cryptocurrencies and bitcoins and why he didn't do it, where he failed, where he got in the way, where he didn't take into account the potential of cryptocurrencies and how does he want to fix it when he becomes president? After all, Bitcoin didn't come into being yesterday and Trump isn't running for office for the first time, he's not new to politics. Of course, you want to believe in the positive and that everything will be fine, time will tell.

Donald Trump might be a liar and a convict, but he is giving Bitcoin massive publicity. Having a leading US presidential candidate speak well about Bitcoin is a good thing. However, I will not vote for a candidate because he made some promises about Bitcoin. Other areas, such as immigration, war in Gaza and Ukraine, police reforms,  economy, etc, should also be considered before voting for the candidate. Who is even sure that Donald will implement all the things he has promised the Bitcoin community?

Trump's idea of a national crypto stockpile and telling everyone not to sell their Bitcoin is pretty bold. It's interesting to see him so openly support crypto, especially compared to the current administration's more cautious stance.