Donald Trump resurfaces with bold pro-crypto promises, just in time for the 2024 presidential elections. Pledging to protect the rights of crypto holders and opposing CBDCs, Trump is attracting the attention of tech-savvy voters . This pro-crypto posture, well received by some, however leaves doubt. Is this a true conviction? Is this an electoral strategy to attract a new electorate?
Trump's pro-crypto promises
Donald Trump recently reaffirmed his support for cryptos in a statement that left its mark. The former US president and candidate for another term has promised to protect the rights of crypto users and oppose the creation of a central bank digital currency (CBDC).
“I will support the right to self-detention. To the nation's fifty million crypto holders, I say this: I will keep Elizabeth Warren and her henchmen away from your bitcoins, and I will never allow the creation of a central bank digital currency,” he said. asserted. This declaration directly targets restrictive policies advocated by some members of Congress and shows Donald Trump's commitment to defending the interests of crypto users in the face of strict government regulation.
Additionally, Donald Trump made a bold promise regarding Ross Ulbricht, the currently incarcerated founder of the dark web black market Silk Road. “If you vote for me, on day one, I will commute Ross Ulbricht's sentence in due time. He has already served 11 years, and we are going to send him home,” he said. This proposal sparked a strong reaction in the crypto community, with Ross Ulbricht seen by many as a pioneer of the cryptocurrency market.
Pro-crypto Trump: political strategy or real commitment?
Donald Trump's pro-crypto posture appears to have improved his electoral chances. According to Polymarket, a crypto-based prediction platform, Donald Trump has a 56% chance of winning the election, compared to Biden's 38%. This jump in the polls is largely attributed to his recent statements and actions in favor of cryptos.
The American statesman running for another term is now accepting crypto donations for his campaign. He became the first major candidate to take this approach, and is likely seeking to appeal to a new base of young, technologically engaged voters.
However, the question of the sincerity of his promises remains. According to the fact-checking platform PolitiFact, Trump failed to honor more than half of the 102 promises made during his 2016 presidential campaign. He kept only 24 commitments and made 23 compromises. These figures cast a shadow over the reliability of its new pro-crypto promises.
Observers wonder if this is a real interest from Donald Trump in cryptos or a simple political maneuver. Only time will tell if his actions will follow his words.
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