Exclusive: How Donald Trump plans to support cryptocurrencies
David Bailey, the CEO of Bitcoin Magazine, has disclosed his collaboration with Donald Trump, the potential President of the United States. Bailey and his team have proposed an all-encompassing executive order advocating for cryptocurrencies. If Trump secures the presidency, he is expected to sign this order on his first day in office.
- Bailey’s proposal for an executive order in favor of crypto
- Stand by Trump for a pro-bitcoin administration
- Vote against Biden’s crypto policies
- Details of the pro-bitcoin political program yet to be revealed
Collaboration with Trump for a Bitcoin-Friendly Presidency
Recent tweets from Bailey shed light on his involvement in Trump’s election campaign to establish a pro-crypto stance if Trump assumes the presidency. Bailey emphasizes the importance of supporting a bitcoin-friendly administration for the continuity and growth of the cryptocurrency sector.
- Importance of a pro-bitcoin presidency
- Preparation for Bitcoin’s undeniable trajectory
- Campaign to elect the next President of the United States
Additionally, during a rally in New Jersey, Trump pledged a significant tax cut for all Americans across social strata if he wins the election.
Transition from Legal Leniency to Explicit Support
With the impending US presidential elections on November 5, 2024, the political landscape is abuzz with various campaigns. Initially, rumors circulated about Trump’s inclination towards non-prosecution of the crypto industry if elected. However, Bailey’s proposal signifies a more favorable and concrete approach towards supporting cryptocurrencies.
It appears that Trump is now open to signing an executive order endorsing a pro-bitcoin political environment, indicating a shift from mere non-interference to active support for cryptocurrencies.