Gold gegen Bitcoin....nun ja, wäre nicht meines
- BitCoins
President Donald Trump is ushering in the age of Bitcoin and crypto with his support of a Bitcoin Reserve Act, which will likely make its way through the Senate during the President’s second term. Meanwhile, Securities and Exchange Commission (SEC) Chairman Gary Gensler, who actively prosecuted crypto projects as unregistered securities, is no longer in charge of the SEC.
The crypto sector has already seen the benefits of a Trump Presidency. Indeed, Trump’s election caused Bitcoin s price to skyrocket by more than 40 percent in the aftermath of his US presidential election victory. The crypto optimism hails in part from Trump campaign trail promises to establish a Bitcoin Reserve. Republican Senator Cynthia Lummis, from Wyoming, introduced the Bitcoin Reserve Act, which would direct the US Treasury to sell gold certificates, buy Bitcoin, and hold it for twenty years.
Trump has also generally embraced crypto. Both Trump and his wife, First Lady Melania Trump, have launched their own NFTs, and the Trump family have put their name on World Liberty Financial (WLF), a decentralized finance (DeFi) platform based around borrowing and lending, with a particular emphasis on stablecoins.