Unicoin / Trump promises to fire the SEC Chairman

Here are some of the dreams-come-true things Trump said to the crypto community:

“You are the modern-day Edisons and Wright brothers and Carnegies and Henry Fords, and what you do in your lifetime stands a chance to outlive us all,” Trump told the crypto crowd.

I stand before you today filled with respect and admiration for what the Bitcoin community has achieved. 

I say this is the steel industry of 100 years ago, really is. I think you’re just in your infancy. I can see it happen. In just 15 years, Bitcoin has gone from merely an idea posted anonymously on an internet message board to being the ninth most valuable asset anywhere in the world. 

It’s already bigger than Exxon Mobil. Soon it will be surpassing the entire market cap of silver. 

One day it probably will overtake gold, but based on the way it’s going now, it could very well be a possibility. 

Bitcoin is not just a marvel of technology, as you know, it’s a miracle of cooperation and human achievement and a lot of relationships that are formed. 
The reason I’ve come to address the Bitcoin community today can be summed up in two very simple words: America first. Because if we don’t do it, China is going to be doing, others are going to be doing it. Let’s do it and do it right. My vision is for an America that dominates the future. 

If we don’t embrace crypto and Bitcoin technology, China will, other countries will, they’ll dominate, and we cannot let China dominate. 

If bitcoin is going to the moon, as we say, it’s going to the moon, I want America to be the nation that leads the way. And that’s what’s going to happen. 

For three and a half years, the current administration has waged a war on crypto and Bitcoin like nobody’s ever seen before. For those who work in this industry, they target your banks. They choke off your financial services. Have people seen that? Yes, yeah, they have; plenty of hands up. They block ordinary Americans from transferring money to your exchanges. They slander you as criminals.

You have the SEC, you know what they’re doing. Know what they’re doing, obliterating Bitcoin. The reason could not be more clear, because Bitcoin stands for Freedom, sovereignty and independence from government coercion and control. 

The moment I’m sworn in, the persecution stops and the weaponization ends against your industry and as long as I’m in the Oval Office.  … We’ll keep their hands off Bitcoin. Keep their hands off crypto. They can let it grow. We’re going to let it grow. On day one, I will fire Gary Gensler–

[AUDIENCE CHEERS, AUDIBLE CHANT: “TRUMP! TRUMP! TRUMP!”]

I didn’t know he was that unpopular. Let me say it again: on day one, I will fire Gary Gensler. … I will appoint a new SEC chairman who believes America should build the future, not block the future. …

As President, I will immediately shut down Operation Choke Point 2.0. … They want to choke you. They want to choke you. Out of business? We’re not going to let that happen. And no longer Will your Government sit by and watch as Bitcoin jobs and businesses flee to other countries, because America’s laws are too unclear and too tough and too angry and too stiff. We will keep each and every Bitcoin job in the United States of America, that’s what we’re going to be doing. Upon taking office, I will immediately appoint a Bitcoin and crypto Presidential Advisory Council. Would anybody like to be on that particular council? Please? You? …

Their task will be to design transparent regulatory guidance for the benefit of the entire industry, and they will get it done in 100 days. We will have regulations, but from now on, the rules will be written by people who love your industry, not hate your industry. People that want to make it clear and simple, straightforward and fair, people that want to see your industry thrive, not dive. 

And I will always defend the right to self custody. Self custody, you’re going to have a great industry. You’re going to have a great industry, and we’re going to be fuel for your industry, not demolish your industry. America will once again be a nation that protects property rights, privacy, freedom of transaction, freedom of association and freedom of speech. 

We want to bring common sense back in. This is all common sense that we’re talking about today, and bitcoin and crypto will skyrocket like never before, even beyond your expectations, and you are the people that are doing it. As we stop the war on crypto. 

I will cut unnecessary and burdens of regulations. Fight every day to make America the best place on earth to build a business, including a crypto business. It’s going to be the best place. You’re not going to have to go to China. You’re not going to have to learn, gee, how do I learn Chinese? I want to learn it very quickly. Have a little granddaughter that speaks fluent Chinese..

America will become the world’s undisputed bitcoin mining powerhouse. You’ll be a bitcoin mining powerhouse. you will not have to move your family to China. We will not be moving to China … bitcoin and crypto will become the world’s undisputed bitcoin mining powerhouse; you’ll be a bitcoin mining powerhouse; you will not have to move your family to China. You will not be moving to China. As we perform as Bitcoin and crypto will grow our economy, cement American financial dominance and strengthen our entire country, long into the future. 
Many Americans do not realize that the United States government is among the largest holders of bitcoin. Does anyone know that? How about that? The federal government almost has 210,000 bitcoin or 1% total supply that will ever exist. But for too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin. …

And so as the final part of my plan today, I am announcing that if I am elected, it will be the policy of my administration, United States of America, to keep 100% of all the bitcoin the U.S. government currently holds or acquires into the future, we’ll keep 100%. I hope you do well, please. This will serve, in effect, as the core of the strategic national bitcoin stockpile. … 

Ultimately, my promise to each and every one of you is this, I will be the pro-innovation and pro-Bitcoin president that America needs and our citizens deserve. 

This will be one industry, but this will be a thriving industry, a great industry, and I’m going to be doing the same thing for every other industry. Also, our nation has never thrived by trying to censor new ideas and shut down the dreams of our people. America always plants our flag on the next frontier and pushes boldly ahead. We have to do that. We haven’t been doing that for a long time, especially the last three and a half years. It’s gone the exact opposite. Those of you in this room inherit the legacy of generations of American pioneers and patriots, risk takers and renegades who settled this continent, built the modern world that lived on the bleeding edge. You live on a bleeding edge. .. You are the modern-day Edisons and Wright brothers and Carnegies and Henry Fords, and what you do in your lifetime stands a chance to outlive us all and inspire humanity for generations to come. 

This will go down as a very important day in the history of your industry. Together, you are building America’s future with your own smarts, your own grit and your own skin in the game. You have a lot of skin in the game, and that’s what you’re doing. It takes courage to do it. Most people don’t have that courage. My job will be to set you free and to let you do what Americans do best and what you’re going to do better than anybody. Win, win, win. You get a win, win, win, with energy, passion and brilliance like we have rarely seen before. Our country cannot fail. We’re a failing nation right now, but we’re not going to be for long. Our country cannot fail. With your help, we will save our nation. We will restore the republic, and we will make America and Bitcoin bigger, better, stronger, richer, freer and greater than ever before. 

(Excerpts)

The roots of Trump’s new-found love for crypto are quite obvious: 

There are three big problems with all the promises Trump gave to the crypto community:
1/ He’s not likely to win the Election.
2/ He does not keep his promises. (We still waiting for Mexico to pay for the Wall.. and for countless other of his lies to come true.)
3/ Trump bet on a wrong horse. Bitcoin is not scalable. 

Interestingly, Trump admitted the latter in his speech by saying, “You need tremendous amounts of electricity. You need double the electricity of the entire electricity that we have right now in the United States to dominate...”

We are trying to convince Pamala Harris’ campaign officials that the better policy for the United States would be supporting a U.S.-based, regulations-compliant, audited and publicly-reporting cryptocurrency like Unicoin.