Justin Sun, the founder of Tron and a key figure in the blockchain space, recently took to X to praise Donald Trump’s dedication to his promises and how they could impact the crypto industry. Sun called Trump the “Bitcoin President” and highlighted the importance of his crypto-related pledges as the 2024 U.S. elections approach.
Here’s what you should know.
A Leader Who Follows Through
According to Sun, Trump stands out as a leader who not only keeps his promises but often goes beyond what’s expected. Sun pointed to Trump’s decision to pardon Lyn Ulbricht, the creator of Silk Road, as a notable example.
This was a significant gesture, and Trump didn’t just issue the pardon; he personally called Ulbricht to share the news, showing his commitment to fulfilling promises to the crypto community.
Trump’s Vision for Bitcoin
Trump’s influence on Bitcoin was clearly stated during his keynote at the Bitcoin conference in Nashville. He promised that the federal government would keep its Bitcoin holdings, mainly obtained from criminal asset seizures, instead of selling them off.
“If crypto is going to define the future, I want it to be mined, minted, and made in the USA,” Trump declared.
His vision for Bitcoin also ties into broader national goals, including energy independence, reinforcing his belief in the transformative potential of the asset.
Boosting Bitcoin the Right Way
Trump’s support for Bitcoin is further backed by his economic proposals, which could benefit the crypto industry. Sun mentioned Trump’s plan to lower interest rates, which is historically linked to rising crypto prices as it makes capital more accessible.
At the Bitcoin MENA event in Abu Dhabi, Eric Trump shared the family’s excitement about crypto, predicting that Bitcoin could reach $1 million per BTC.
This is the new world and banks and governments are going to adjust, it seems!
Could Trump Lead the U.S. to Blockchain Dominance?
Sun believes that Trump’s actions, such as the Ulbricht pardon and his crypto pledges, could help the U.S. become a leader in blockchain. If these promises come to fruition, Bitcoin and the broader crypto sector could experience significant growth under Trump’s leadership. Exciting times are ahead, indeed.
