Eric Trump, son of Donald Trump, who won the presidential election, shared a photo of himself with MicroStrategy Chairman Michael Saylor at Mar-a-Lago and said, “Two friends, one passion: Bitcoin.” $97,678.3” he wrote.
Democrats’ Bitcoin Policy
Over the last four years under the Biden-Harris administration, the US government has targeted the Bitcoin industry. The Democratic party, led by Elizabeth Warren, tried to disparage Bitcoin.
The Trump family continues its support for Bitcoin, supporting the development of the industry. Eric Trump emphasized the importance of protecting Bitcoin at the Bitcoin MENA Conference in Abu Dhabi.
Role of Michael Saylor
Michael Saylor stated that he is considering advising Trump on Bitcoin. Saylor’s invitation to Mar-a-Lago could herald big steps for Bitcoin.
By continuing their support for Bitcoin, the Trump family aims to contribute to the development of the industry in a friendlier environment in terms of regulation.
The Bitcoin community is hopeful for innovation and growth in the industry with the support of the Trump administration. This support could enable the industry to make significant progress over the next four years.
It is thought that Bitcoin’s future in the USA is bright and will become even stronger with the support of the new administration.
Michael Saylor: “Bitcoin is on the agenda at Mar-a-Lago.”
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
