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20 sats \ 7 replies \ @0xbitcoiner 7 Nov \ on: Trump bitcoin report card bitcoin
| Pledge | Grade | Notes | |
|---|---|---|---|
| 1 | Fire SEC Chair Gary Gensler on day 1 | ||
| 2 | Commute the sentence of Ross Ulbricht on day 1 | ||
| 3 | Remove capital gains taxes on bitcoin transactions | ||
| 4 | Create and hodl a strategic bitcoin stockpile | ||
| 5 | Prevent a CBDC during his presidency | ||
| 6 | Create a "bitcoin and crypto" advisory council | ||
| 7 | Support the right to self-custody | ||
| 8 | End the "war on crypto" | ||
| 9 | Mine all remaining bitcoin in the USA | ||
| 10 | Make the USA the world's crypto capital | ||
| 11 | Make the US the "crypto capital of the planet" |
I don't know why, but sn wasn't previewing the image.
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I'm not sure I understand. Has he already taken office? I'm not putting any expectations on him.
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How would it be possible to “mine all remaining bitcoin in the USA”? What could possibly be done to prevent any person or entity outside of the USA from mining a single block? It’s just a clear misunderstanding of how bitcoin mining works, and nothing will make that statement achievable. I guess maybe a credible threat of nuclear attack against any location detected to be mining bitcoin outside of the US. Even then, that would not be ‘good for Bitcoin’.
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Now I understand your comment. Yes, it's impossible to make that statement (9). Basic mistake!
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Takes office Jan 20, 2025.
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