So, it turns out that since Donald Trump strutted into the White House like he owned the place (which, letās be honest, he kind of does), Bitcoin has been breaking records like a teenager on TikTok. And guess whoās taking credit? Thatās right, our favorite orange enigma himself! š
In a shocking twist, heās decided to end the previous administrationās āletās pretend crypto doesnāt existā policy. Because nothing says āI careā like a sudden love affair with digital assets. Trump is now on a mission to make the U.S. the BeyoncĆ© of the crypto world. š
Trumpās Pro-Crypto Vision
At the Future Investment Initiative Institute conference in Miami (which sounds like a fancy way to say āletās talk about money while sipping mojitosā), Trump linked Bitcoinās skyrocketing prices to his administrationās efforts. Because, of course, itās all about him. š
āBitcoin set multiple all-time highs because everyone knows Iām committed to making America the crypto capital,ā he declared, probably while looking in a mirror. šŖ
At 78, heās still got the energy of a toddler on a sugar rush, promising to create a crypto-friendly environment. He even signed an executive order called āStrengthening American Leadership in Digital Financial Technology.ā Sounds fancy, right? Itās basically a way to say, āLetās make sure the SEC doesnāt rain on our crypto parade.ā āļø
āIāve signed executive orders to keep the United States at the forefront of artificial intelligence and to end Joe Bidenās war on Bitcoin and crypto,ā he proclaimed. āWe ended that war totally. That war is over.ā Wow, who knew crypto was a battlefield? šļø
Now, Washington is apparently the most crypto-friendly Congress in U.S. history. Key lawmakers are drafting regulatory frameworks like theyāre writing the next great American novel. Spoiler alert: itās probably going to be a bestseller. š
Personal Crypto Involvement
But wait, thereās more! Trump isnāt just a policy guy; heās also diving headfirst into the crypto pool. He launched the TRUMP meme coin right before his inauguration, and it skyrocketed faster than a cat video on the internet. š±šø
First Lady Melania decided to join the crypto craze too, but her coin kind of flopped harder than a bad reality show. Oops! š¬
And letās not forget about World Liberty Financial, a DeFi company thatās been on a crypto shopping spree since Trump returned to the Oval Office. Theyāre sitting on over $348 million in various cryptocurrencies. Talk about a digital treasure chest! š“āā ļø
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2025-02-20 16:00