Michael Saylor's Trump Meeting Is Turbo Bullish for Bitcoin

Credit : bitcoinmagazine.com

Final evening, President-elect Donald Trump’s son, Eric Trump, posted a message photo of himself at Mar-a-Lago with Michael Saylor, government chairman of MicroStrategy, with the caption: “Two mates, one ardour: Bitcoin.”

That is so extremely bullish – let me clarify.

For the previous 4 years, the US authorities, beneath the Biden-Harris administration, with full Democratic management, has accomplished its greatest to terrorize this trade and assault us. The overwhelming majority of the Democratic social gathering didn’t assist Bitcoin and adopted Elizabeth Warren’s lead in demonizing the trade and its members. They weaponized the authorized system to arrest Bitcoiners, tried to tax our unrealized income, prevented pro-Bitcoin laws from being handed into regulation, eradicated trade members through Operation Chokepoint 2.0refused to assist Bitcoin in any significant manner, and way more.

They have been actually anti-Bitcoin. If Kamala Harris had received the presidential election, their reign of terror on Bitcoin would have lasted no less than one other 4 years. However now the Democrats’ conflict towards Bitcoin in America is lastly coming to an finish. And a brand new authorities is coming – and so they love Bitcoin.

Donald Trump is not even formally in energy but and his household is already inviting Michael Saylor to his Mar-a-Lago property to additional talk about Bitcoin. This is not the primary time he is accomplished one thing like this both, as in 2024 when Trump invited US Bitcoin mining giants there to study extra in regards to the trade and what he must do to greatest assist them.

It is essential to notice that it is solely been two weeks for Saylor said on Bloomberg that he could be open to advising Donald Trump on Bitcoin. And now that he is at Mar-a-Lago, I feel it is secure to take a position that one thing massive is brewing right here.

The Trumps perceive Bitcoin and proceed to specific their assist for the asset and trade. Eric Trump just lately gave an awesome one speech on the Bitcoin MENA convention in Abu Dhabi, the place he defined the options that make Bitcoin a useful asset, whereas additionally sharing his household’s private experiences with de-banking, and the way Bitcoin protects people from cancellation. Donald Trump Jr. appeared on the Bitcoin 2024 convention along with his father and confirmed robust assist for this asset and trade.

Donald Trump has dedicated to releasing Bitcoiners (Ross Ulbricht) from jail, signing pro-Bitcoin laws into regulation, working with the trade to assist us prosper, ending Operation Chokepoint 2.0 , appointing an official Crypto Czar, stated “Bitcoin and crypto will skyrocket like by no means earlier than” beneath his rule, and way more.

Even in case you are not a fan of Trump, it’s best to acknowledge and provides credit score to him and his household for the nice work they’re doing to create a regulatory-friendly surroundings for this trade to thrive. Think about what this trade can obtain over time. for the subsequent 4 years we will likely be supported by the president, giving us the area to innovate and construct with out concern of being harassed and demonized by our personal authorities. I might say the sky is the restrict, however it’s even higher than that.

4 years is a very long time, particularly on this trade. Quite a bit can occur in that point and I’m extremely optimistic about the way forward for Bitcoin in America beneath this new Trump administration.

Michael Saylor: “Bitcoin is on the menu at Mar-a-Lago.”

AMERICA EMBRACES #BITCOIN LIKE NEVER BEFORE 🇺🇸 pic.twitter.com/7c2NJG7Kzd

— Nikolaus Hoffman (@NikolausHoff) January 3, 2025

This text is a To take. The opinions expressed are solely these of the creator and don’t essentially replicate these of BTC Inc or Bitcoin Journal.