Trump is selected as the Person of the Year for using Cryptocurrency to make America great again!

Once again crowned as the “Time” Person of the Year, Trump talks about the future of American encryption

After being selected as the 2024 Person of the Year by Time magazine, US President Trump once again became the focus of global attention. This is the second time he has received this honor since 2016. Time editor-in-chief Sam Jacobs said that Trump’s election was undoubtedly a choice, calling him a “historical figure who reshaped the US presidency and rewrote American politics.” Trump also took the opportunity to publicly expound on his plans for his second term, especially regarding the future development of the encryption currency industry.

During the ringing of the opening bell at the New York Stock Exchange, Trump said, “I really like the feeling of being honored for the second time.” He also revealed some policy priorities during his term, including speeding up the permitting process for infrastructure projects and mentioning that he wants to “do something big with encryption currency” to ensure that the United States leads the world in this industry.

Image source: “Time” magazine, Trump was selected as the 2024 Person of the Year

Promote the United States to become the leader in the encryption and AI industry

During an interview with CNBC reporter Jim Cramer, Trump expressed his support for encryption currencies: ‘We don’t want China or any other country to lead. We want to be the leader in this industry.’ He further proposed the establishment of a US ‘encryption reserve’ similar to strategic oil reserves to ensure US dominance in the encryption economy.

Trump also appointed former PayPal executive and encryption supporter David Sacks as the White House AI and Crypto Czar, and plans to nominate Washington lawyer Paul Atkins, who supports encryption, as chairman of the Securities and Exchange Commission. Trump stated that detailed policies will be discussed with industry leaders and legislative bodies, with the goal of promoting innovative development in the encryption and AI industries while protecting national interests.

The cryptocurrency industry welcomes these appointments, believing that the new government may reverse the strict policies of the Biden administration and stimulate innovation. However, some Washington analysts are concerned that the addition of an encryption commissioner position may lead to conflicts of interest in the policy-making process.

The promise of encryption currency family

Trump’s encryption policy is not only anticipated by supporters but also actively participated in by family members. Eric Trump, son of Trump, stated at the Bitcoin MENA 2024 conference held in the UAE: ‘The US will welcome the most encryption-friendly president in history.’ He emphasized that the Trump administration will avoid excessive regulation and create a favorable environment for the development of Bitcoin and other encryption currencies.

Eric Trump also mentioned at the meeting that when Bitcoin broke the $100,000 mark, he celebrated with his father and promoted the family’s new startup, World Liberty Financial, a platform dedicated to cryptocurrency financial services. His remarks reflect the Trump family’s confidence in the encryption economy and symbolize further integration of family business and policy goals.

Further Reading Already soared 30%! Trump’s encryption platform smashed 400 million to buy ‘these 3 kinds of coins’, will it rise later?

Person of the Year and the meaning of the future encryption

Trump’s second selection as the Person of the Year symbolizes his profound influence on the United States and even the world. The editorial department of Time pointed out: ‘Whether for or against, we all live in the Trump era.’ And through his vision for currency, Trump has demonstrated his commitment to promoting economic innovation in the United States.

With the new government about to take office, the American encryption economy may enter a new chapter. Whether Trump’s policies can fulfill his promises and bring real prosperity to the American encryption market is still worthy of global attention.

【Disclaimer】There are risks in the market, and investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Invest at your own risk.

Trump was elected the person of the year: doing something with encryption currency to make America great again! This article was first published in the city of encryption.