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by infocollector 596 days ago
Trump seems to be good for coin. He did promise to help deregulate crypto by firing the SEC chair.

- https://www.axios.com/2024/07/27/trump-bitcoin-strategic-res...

3 comments

He also said to want a strategic reserve of bitcoin, seeded by the currently seized amounts the US Govt already has, the rest needing to be acquired

RFK was campaigning on the same

Looked like pandering, but ignoring a “crypto vote” is not going to be a mistake future politicians make :) nobody likes politicians that treat them as a joke to be ignored. That other party is always late on this and keeps trying the same strategy of “othering” the people that are already American citizen voters. Didnt work this time, oops.

This is exactly what has been holding retailers like Amazon and Walmart back
This reaction in bitcoin price is indeed because of Trump winning. He did say he would get rid of Gensler (SEC chair). Let’s see if he does :)