TRUMP WINS! What does it mean?

[FortuneFollower]

It is one thing for people to make promises and another thing to keep to their promises. The bitcoin community and lovers of Blockchain have done their part in voting him, let's just be hopeful that he will do as he has promised. But if Trump implement everything he said during his campaign, I think bitcoin will be over $200k in the next 4 years. But it is very important that we keep our expectations low, so that we don't get psychological or emotional problems if it turns out that Trump don't as he has promised.

Politicians stay politicians after all.
But - the overall mood and the composition of power is the most pro-crypto ever, as I've heard.
So maybe, everything will be great as we imagine it now.

[reagansimms]

After months of Trump promising various things and getting involved with crypto, even as far as getting endorsed by Elon musk himself who is also a popular name within the crypto realm, He has now won so let us talk what could happen in the next 4 years with Trump as president.

One thing is for sure, Trump has won the election and soon he will be inaugurated as president-elect for the next term. Regarding all the promises he made during the campaign, they are all still grey. Most of the promises from politicians are not credible, they only use the hype around their lives to achieve their goals.
If Trump wants to realize his promises, he must start with economic policies and deregulation, which must also go hand in hand with contributing to investment media that can indirectly benefit Bitcoin. Hopefully, the administration's policies during Trump leadership will be a new era for Bitcoin that can be fully integrated into the current financial system.

[Cryptmuster]

After months of Trump promising various things and getting involved with crypto, even as far as getting endorsed by Elon musk himself who is also a popular name within the crypto realm, He has now won so let us talk what could happen in the next 4 years with Trump as president.

• SEC Chair

First of all, it is guaranteed that the SEC chair will be replaced by a new one. Trump has said that he will fire Gary Gensler if elected. The question now would be, who would replace him? Surely the SEC chair that will replace Gensler is someone who has the same plans for bitcoin and crypto as Trump. We will definitely see less restrictions within the crypto market which would lead to more innovations.

• Bitcoin Reserve

Trump hopes to make bitcoin as the country's reserve and treat it like a national gold reserve. If this were to happen, countries that are already holding bitcoin will find themselves at an advantage while countries without bitcoin might scramble to keep up.

• Taxes

Bitcoin or crypto transactions will be taxed less. This can definitely boost more interest in crypto especially in the US. Trump hopes to make the US as a bitcoin capital and gaining interest from other countries due to their bitcoin friendly policies could lead to that.

Of course, these things can only happen if Mr. President actually follows through his words but if he does do the things he has said,

 where do you see bitcoin, specifically in the US, 4 years from now?

Of the points you listed, I am most interested in two of them, and the first is, of course, the dismissal of Gensler, who has already become quite annoying to the entire crypto industry. I think that since Trump was initially very loyal to crypto, he will be able to keep some of his promises and, of course, the dismissal of Gensler will be one of the most visible, if this does not happen, then it will be clear how much Trump is determined to change something.

And the second is the assignment of bitcoin to the status of a reserve for the United States, this would also be an excellent signal for other countries, even those that were previously not so loyal to bitcoin, as a result, this can lead to a very positive attitude towards bitcoin. But for now we need to wait some time, Trump will have a lot of responsibilities and it will take a little time until he gets to some issues.

[FortuneFollower]

After months of Trump promising various things and getting involved with crypto, even as far as getting endorsed by Elon musk himself who is also a popular name within the crypto realm, He has now won so let us talk what could happen in the next 4 years with Trump as president.

One thing is for sure, Trump has won the election and soon he will be inaugurated as president-elect for the next term. Regarding all the promises he made during the campaign, they are all still grey. Most of the promises from politicians are not credible, they only use the hype around their lives to achieve their goals.
If Trump wants to realize his promises, he must start with economic policies and deregulation, which must also go hand in hand with contributing to investment media that can indirectly benefit Bitcoin. Hopefully, the administration's policies during Trump leadership will be a new era for Bitcoin that can be fully integrated into the current financial system.

I would call him a wild card for the time being and overall, due to him being like a punch in the gut you never expect  Who knows what will happen in the near future, but it sure will be interesting to see how things turn out. It sure will be quicker than we expect, in my opinion..

[NotATether]

SEC Chair

As I understand it, by law Trump cannot replace the SEC chair for a few more years. When that happens, the net effect will probably still be small since most of that job is determined by Congress.

Congress is almost completely red. So of course they are going to do whatever Trump wants them to do and pump whatever laws and regulations (or lack thereof) that he wants in place. Includes replacing SEC head if they find some ancient provision that lets them get away with it.

[Yaunfitda]

SEC Chair

As I understand it, by law Trump cannot replace the SEC chair for a few more years. When that happens, the net effect will probably still be small since most of that job is determined by Congress.

Congress is almost completely red. So of course they are going to do whatever Trump wants them to do and pump whatever laws and regulations (or lack thereof) that he wants in place. Includes replacing SEC head if they find some ancient provision that lets them get away with it.

Is that so? I thought that US SEC chair is being nominated by the US President, so it's up to Trump on who he wants to nominate.

But it is still not an assurance as it will have to go to the Senate for confirmation. So there will be hearings and questions on the nominee and see if he or she is fit to be the next US chairman. I'm not sure though if GOP has control of the Senate for now because if they have, then it's going to be smooth sailing as the nominee could easily pass as the President and his party has fully control of the Senate.

[laijsica]

After months of Trump promising various things and getting involved with crypto, even as far as getting endorsed by Elon musk himself who is also a popular name within the crypto realm, He has now won so let us talk what could happen in the next 4 years with Trump as president.

The market related to Bitcoin may be strong in the next four years and there is potential for more profits for investors, but Bitcoin is a volatile asset, so you should make investment decisions based on the situation.

First of all, it is guaranteed that the SEC chair will be replaced by a new one. Trump has said that he will fire Gary Gensler if elected. The question now would be, who would replace him? Surely the SEC chair that will replace Gensler is someone who has the same plans for bitcoin and crypto as Trump. We will definitely see less restrictions within the crypto market which would lead to more innovations.

it's surely to say that the chairman of the SEC will be replaced. In contrast Biden has been vocal about crypto and some companies while Trump has vowed to make the United States the world's Bitcoin superpower.He also threatened to fire SEC chief Gary Gensler.
Now we have to wait to see who will be the next SEC chief who will contribute to the market as crypto friendly.

[icalical]

Great to see Trump back and promising crypto love, but a balanced view would want to take a peek into what would most likely happen. He could remove the SEC Chair Gary Gensler, but his replacement probably will not go easy on crypto. The enforcement action taken by the SEC under Trump will not disappear completely either. Past chairs have pursued fraud prevention in crypto spaces rather aggressively.

A national bitcoin reserve, however, is still a big "if." Some experts say such a reserve could still go through some significant legislative and economic obstacles, considering concerns over the volatility of the digital currency. Although Trump's team may see grounds for that, policies on the dollar and the national debt make it a complex move, added to the fact that Congress would be playing the major role in any such decision as well. While the rhetoric of those who are pro-crypto is high, it's a long way from promises to practice, especially if traditional financial stakeholders push back.

[ultrloa]

After months of Trump promising various things and getting involved with crypto, even as far as getting endorsed by Elon musk himself who is also a popular name within the crypto realm, He has now won so let us talk what could happen in the next 4 years with Trump as president.

• SEC Chair

First of all, it is guaranteed that the SEC chair will be replaced by a new one. Trump has said that he will fire Gary Gensler if elected. The question now would be, who would replace him? Surely the SEC chair that will replace Gensler is someone who has the same plans for bitcoin and crypto as Trump. We will definitely see less restrictions within the crypto market which would lead to more innovations.

• Bitcoin Reserve

Trump hopes to make bitcoin as the country's reserve and treat it like a national gold reserve. If this were to happen, countries that are already holding bitcoin will find themselves at an advantage while countries without bitcoin might scramble to keep up.

• Taxes

Bitcoin or crypto transactions will be taxed less. This can definitely boost more interest in crypto especially in the US. Trump hopes to make the US as a bitcoin capital and gaining interest from other countries due to their bitcoin friendly policies could lead to that.

Of course, these things can only happen if Mr. President actually follows through his words but if he does do the things he has said,

 where do you see bitcoin, specifically in the US, 4 years from now?

Well first thing we notice is Bitcoin reached its new ATH. But we cannot conclude yet what's possible next thing to happen especially Trump didn't create a law that can boost the popularity and demand of bitcoin.

So let see if Trump would ever mentioned bitcoin at earliest days of his Presidency since provably that we can say something that bitcoin would provably get a great boost this year. But things seems doing alright as many people project positive outcome with bitcoin on Trumps term so hopefully we can see more better figures.

Holders also El Salvador government is so lucky for believing bitcoin will have a great future since right now they already see that future is bright with bitcoin and for sure they are earning huge figures with it now and more in future.

[fruktik]

I think I need to ignore words like Trump for the coming months. All the predictions and topics seem to be more emotional than real analysis.

First, Gary Gensler has not been fired and even if Trump wanted to, the process would not be quick, especially since his term ends in 2025, so we cannot discuss an alternative.

Bitcoin will not be a US reserve (at least for now.)

I don't see any reason to discuss this topic either. When Trump takes the place of the president, that is, when his inauguration takes place, then we can consider this whole matter. Wedt he will have full power after that, but now we can make assumptions and nothing more. Why dive into this abyss without any facts? Solid speculation. Maybe we will start making bets on this event? ))

[knowngunman]

Trump talked about a lot in the election race. Let's see how he will implement his communications, but it is very likely that it will remain just words. In his previous term, things were exactly the same. I did not see any particularly important matters that he spoke about in front of the whole country. This time, I do not rule out that populism will also win.

We are witnessing an uptrend already since his victory but that's just a manipulation. Some of us are still not familiar with politicians game up to now. None of them care about you and your bitcoin but they care about their own interest. Trump capitalize on crypto using it as a campaign strategy just to secure votes and the media helped him to achieve that. I fear many will be disappointed for believing in every of their campaign promises. Let see what happens after inauguration but I must advise to keep expectations very low because changing their words is as easy as changing a television channel.

[Hewlet]

Of course, these things can only happen if Mr. President actually follows through his words but if he does do the things he has said,

 where do you see bitcoin, specifically in the US, 4 years from now?

I can bet that after Trump has finally won, looking back at some of his promises will surprise him that he did actually made all those promises. Overtime, we've learnt to understand that most of the things politicians say during campaign are desperate speeches that's all about getting the vote that will see them elected into office. When it comes down to doing all or most of the things they've promised, it's usually a totally different thing.

Good thing is that at the present, Bitcoin is pumping and that's at least what we're sure of. 4 years from now is a very long time and whatever speculation anyone makes on where Bitcoin will get to both in the United state or globally at this time that trump hasn't been sworn in and his yet to start his administration is mere emotional wish.

[Fiatless]

where do you see bitcoin, specifically in the US, 4 years from now?[/b]

I have learned never to expect much from people because you might be disappointed. I have confidence in the four-year circle of Bitcoin and I am sure that there will always be a bear run and bull run regardless of who becomes the US president. I don't expect anything from Donald Trump but if his policies turn out to be good for Bitcoin, it will be good for investors. 

[FortuneFollower]

where do you see bitcoin, specifically in the US, 4 years from now?[/b]

I have learned never to expect much from people because you might be disappointed. I have confidence in the four-year circle of Bitcoin and I am sure that there will always be a bear run and bull run regardless of who becomes the US president. I don't expect anything from Donald Trump but if his policies turn out to be good for Bitcoin, it will be good for investors. 

Great set of mind.
Expectations set too high result in sorrows in disappointment in the end.
It's either nothing or something much better than nothing in the perspective - so we shouldn't worry.

[yudi09]

A number of great hopes buried by large investors began to be seen when Trump's figure campaigned Bitcoin.
Large investors and small investors including all parties who have bitcoin do not want things that make them have difficulty with their Bitcoin.
Maybe all this time the SEC is not so preferred because one and many things, so with a discourse there will be a change of SEC Chairperson will make many parties get convenience related to Bitcoin.

[Russlenat]

Like I said, Trump will most likely appoint someone from his own party preferably someone in his inner circle already. If he could elect Elon Musk as the new chair, he might just do that. Who knows? But I know that Trump will never put someone against crypto if he is really serious about his plans with it. Without SEC breathing down exchanges and wallets' necks, there will certainly be more interest in crypto since investors/traders will not fear against laws anymore.

Trump could never appoint someone like Elon Musk because Elon lacks experience in public service and isn’t well-versed in securities laws or finance. The role needs someone who’s a lawyer, accountant, or has a background in finance. Plus, even if Elon were qualified, he wouldn’t waste his time as SEC chair as he's got bigger things to do, like preparing Mars for us.

[Pandorak]

We can't fully trust politicians, what they say could be just promises before they were elected. The same goes for Donald Trump, when the bitcoin conference took place, he seemed pro-community, his goal was only to increase his electability among crypto players. Now that Trump has been officially elected as the next president, it is futile to believe his promises or not, as we can only wait and see whether he will fulfill the wishes of the community or not.

As for the SEC, i don’t know exactly how the bureaucracy in this country works, but it seems like Donald Trump can’t fire Gary Gensler without cause. Fortunately, there is an analysis says that SEC chairman usually change with the president-elect ^[1].

[1] https://decrypt.co/290387/sec-chairman-gary-gensler-likely-resign-analyst

[Easteregg69]

Gary is a thief. That is reason enough.

Burn baby burn.

How about Trump save him for the sole reason he is American? Happy end.

[bitLeap]

So everyone's already forgotten about his promise to free Ross, eh?

Poor guy. Man must hate his status of being used as a political pawn while not seeing any real freedom.

There are many promises on the list that Trump has to fulfill including some related to the future of Bitcoin and other promises like releasing Ulbricht but let's see which of the promises he actually fulfills. So taking a neutral stance until all of them are fulfilled is a good choice.

[Easteregg69]

We can't fully trust politicians, what they say could be just promises before they were elected. The same goes for Donald Trump, when the bitcoin conference took place, he seemed pro-community, his goal was only to increase his electability among crypto players. Now that Trump has been officially elected as the next president, it is futile to believe his promises or not, as we can only wait and see whether he will fulfill the wishes of the community or not.

As for the SEC, i don’t know exactly how the bureaucracy in this country works, but it seems like Donald Trump can’t fire Gary Gensler without cause. Fortunately, there is an analysis says that SEC chairman usually change with the president-elect ^[1].

[1] https://decrypt.co/290387/sec-chairman-gary-gensler-likely-resign-analyst

They get donations on blockchain now.

Edit: Just in: "Mark Uyeda leads race for SEC chair". -Cryptopanic.