jakiro
Source: Daoshuo Blockchain
The US election has finally settled.
The American people use the votes in their hands to determine the direction of the country in the next four years.
After this election, the Republicans not only won the presidency, but also controlled the Senate and had a high chance of consolidating the majority in the House.
The Republican Party will unify the “world”.
This high degree of centralization means that Trump will not encounter too many obstacles in implementing policies in his future administration.
It is also worth noting that the next four-year term will be Trump’s last term.From the perspective of governing, he has no pressure to be re-election, so he will not have too many concerns in policy making, and he will do his best to transform the United States according to his inner thoughts.
Now, both the objective environment and subjective will allow him to work hard and let go of his hands and feet.
Let’s wait and see if the next four years are radical or crazy for the United States and the world.
With Trump in such a strong position, the most concerned thing for our participants in the crypto ecosystem is what kind of encryption policy Trump will introduce next.
The market is the best reflection of people’s expectations.Just as Trump was leading the way, Bitcoin rose sharply and hit a new high, once exceeding $75,000.
This shows how high people’s expectations for Trump are.
After Trump was elected, someone online summarized Trump’s views on this year’s Bitcoin Conference. I excerpted the more important and directly related to us:
– Gary Gensler will be fired and a new SEC chairman will be appointed.
– If elected, a strategic national Bitcoin reserve will be established for the U.S. government.
– The U.S. government will retain 100% of its Bitcoin
– The United States will become the world’s cryptocurrency capital and the world’s Bitcoin superpower.
If Trump truly agrees with crypto assets to some extent and realizes that crypto technology plays an extremely important role in the competition between countries in the future, he will definitely be able to do and will do the above points.
In addition, putting aside the crypto industry, from Trump’s overall governance ideas, his internal affairs ideas basically continue the traditional Republican thinking, namely, small government, reduce intervention, loosen companies, and reduce taxes for enterprises.
Therefore, from his overall perspective alone, even in the worst case, he will not intervene too much in the crypto industry, which is the biggest difference between him and the Democratic government.
As long as there is no excessive intervention, I think the crypto industry and businesses in the United States will have much better days than they are now.
So whether from his separate attitude towards the crypto industry or his overall thinking, the crypto industry will have a rather relaxed environment in the United States in the next four years.
If he can introduce some policies he has promised in this situation, then crypto assets will definitely have better room for growth.
However, to what extent can this pulling force from the US government benefit the entire crypto ecosystem? I am still cautious about this.
First of all, judging from the existing remarks of Trump and traditional American politicians, they mainly focus on and focus on Bitcoin.
In addition, when Trump led the way and Bitcoin rose all the way and hit a new high, I noticed that other coins (including Ethereum) only followed slightly, and their attention was completely incomparable to Bitcoin.
So I increasingly feel that if the crypto ecosystem only has this single pull from the US government (and no innovation in the internal application ecosystem), then in the next trend, only Bitcoin will benefit the most, while other coins are just pureFollowing the rise, but most people may not easily surpass Bitcoin in terms of growth.
Such an increase lacks momentum.
Previously, I estimated that Bitcoin would be able to reach $100,000 next year, and now I believe this more.
However, more and more people have called out 150,000 or even 200,000 US dollars, which I dare not think about.
Because it is hard to judge how long this situation that is simply beneficial to Bitcoin can last and how much it can push Bitcoin up.Trump’s story may be told for several months, but can it be told for half a year?Can you talk for a year?
Without sustainability, what force can push the price of Bitcoin to desperately increase?
Relying on big capital to continue to promote the banker?
Even if the US government incorporates it into its strategic reserves, it will be a long-term and simplified thing, rather than a single step.
I still look forward to the entire crypto ecosystem being able to “game together” with both external support and internal application innovation. Not only will Bitcoin rise sharply, but a large number of mainstream coins in the entire ecosystem can increase by more than Bitcoin.Only in this way can the crypto ecosystem usher in the bull market we are looking forward to.
The new president, who holds heavy power, will take office in January next year. One to two months after taking office, his series of policies will be introduced in full swing.
Hopefully next year we can witness a new chapter in the crypto ecosystem.
