The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain.
After weeks of a neck-to-neck presidential campaign between the Democratic and Republican nominees, Donald Trump’s odds of being elected to President of the US are on the rise. According to betting market Polymarket, Trump leads Democrat candidate Kamala Harris by a whopping 30-plus points at the time of writing.
Despite Harris incorporating crypto into her campaign, with the help of Mark Cuban, the Presidency seems to be slipping away from the current Vice President.
Trump has not brought up Bitcoin in a large campaign event in several months. There are numerous possibilities for Trump to court votes among the Bitcoin community by putting forth a Bitcoin plan with the intention of paying down the national debt.
Trump Should Recommit To Bitcoin
For example, it is time for Trump to reveal his intention of holding Bitcoin as a national strategic asset. He should outline an extensive Bitcoin policy, highlighting his plan to scoop up 20% of the Bitcoin supply or about 4 million bitcoins. He should position this as a way to pay down the national debt. To do so will take an aggressive Bitcoin strategy. Trump should outline it. Harris could do the same, but she is unlikely to do so.
Despite a foray into the world of DeFi to the chagrin of Bitcoin maximalists, Trump has demonstrated an understanding of how Bitcoin can be applied at the nation-state level.
While announcing his national debt plan, he can extol all the different virtues of Bitcoin and how it can benefit the nation.
For example, he has stated that, in his view, Bitcoin miners help to stabilize the energy supply and the grid. He committed to being an advocate for miners from his seat in the Oval Office. Trump posted on social media:
“Bitcoin mining may be our last line of
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Author: Kadan Stadelmann
