Trump bitcoin report card - to be continued
https://github.com/crrdlx/trump-bitcoin-report-card
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20 sats \ 1 reply \ @Murch 10 Nov
I would be surprised if he follows through on more than two of these.
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0 sats \ 0 replies \ @crrdlx OP 10 Nov
I guess we'll see. In all honesty most of them are on a spectrum rather than yes or no. Kinda why I made this report card to nuance it out.
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20 sats \ 7 replies \ @0xbitcoiner 7 Nov
| Pledge | Grade | Notes | |
|---|---|---|---|
| 1 | Fire SEC Chair Gary Gensler on day 1 | ||
| 2 | Commute the sentence of Ross Ulbricht on day 1 | ||
| 3 | Remove capital gains taxes on bitcoin transactions | ||
| 4 | Create and hodl a strategic bitcoin stockpile | ||
| 5 | Prevent a CBDC during his presidency | ||
| 6 | Create a "bitcoin and crypto" advisory council | ||
| 7 | Support the right to self-custody | ||
| 8 | End the "war on crypto" | ||
| 9 | Mine all remaining bitcoin in the USA | ||
| 10 | Make the USA the world's crypto capital | ||
| 11 | Make the US the "crypto capital of the planet" |
I don't know why, but sn wasn't previewing the image.
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62 sats \ 6 replies \ @ACYK 7 Nov
Can we give 9 a grade of F already? Notes: “that’s not how this works”
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0 sats \ 5 replies \ @0xbitcoiner 7 Nov
I'm not sure I understand. Has he already taken office? I'm not putting any expectations on him.
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21 sats \ 1 reply \ @ACYK 7 Nov
How would it be possible to “mine all remaining bitcoin in the USA”? What could possibly be done to prevent any person or entity outside of the USA from mining a single block? It’s just a clear misunderstanding of how bitcoin mining works, and nothing will make that statement achievable. I guess maybe a credible threat of nuclear attack against any location detected to be mining bitcoin outside of the US. Even then, that would not be ‘good for Bitcoin’.
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30 sats \ 0 replies \ @0xbitcoiner 7 Nov
Now I understand your comment. Yes, it's impossible to make that statement (9). Basic mistake!
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11 sats \ 0 replies \ @crrdlx OP 7 Nov
Takes office Jan 20, 2025.
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42 sats \ 1 reply \ @Murch 10 Nov
"Mining all remaining bitcoin in the USA" should not be the goal. Hashrate being distributed around the planet is preferable.
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0 sats \ 0 replies \ @crrdlx OP 10 Nov
100%. I'm writing a progress report and have this included.
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20 sats \ 0 replies \ @joda 7 Nov
GOP Platform: Crypto
"Republicans will end Democrats' unlawful and unAmerican Crypto crackdown and oppose the creation of a Central Bank Digital Currency. We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their Digital Assets, and transact free from Government Surveillance and Control."
THE LAST PART IS THE MOST IMPORTANT, AND TRUMP DIDN'T SAY IT. "TRANSACT FREE FROM GOVERNMENT SURVEILLANCE AND CONTROL."
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52 sats \ 0 replies \ @joda 7 Nov
I'd say freeing Ross is the simplest and most moral action.
I don't care about Gensler, but I think he'll leave.
I do think he'll prevent a CBDC, or it'll just be delayed 4+ years for other reasons.
Most of these I just don't care, and Bitcoin doesn't either.
Mining and stockpiling need to be done by all countries, otherwise the countries that don't do it will just ban, regulate, and tax it.
Oh and the United States already is the crypto capital of the planet.
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10 sats \ 1 reply \ @jgbtc 7 Nov
You could change 9 to something like: Encourage/support the mining industry to maximize the amount of bitcoin mined in the USA. Not exactly what he said of course, but this all he can possibly do.
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0 sats \ 0 replies \ @crrdlx OP 7 Nov
Yeah, I know #9 is crazy/impossible (and we don't want that sort of decentralization to one nation anyway), but that's what was said. I think his grade will have to be based on his support toward US miners (as you say).
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10 sats \ 1 reply \ @OT 7 Nov
Good to remember this stuff to hold him to account. Wouldn't count on it. Hopefully Ross will get out.
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0 sats \ 0 replies \ @crrdlx OP 7 Nov
Right, plus, I didn't even know about the remind thing in SN. Trump gets inaugurated Jan 20 (73 days from now). @remindme in 73 days
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10 sats \ 2 replies \ @Aardvark 7 Nov
If he even did half of those things if be impressed. I think at best he may do one or two of them, time will tell I guess.
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10 sats \ 0 replies \ @drlh 7 Nov
it would be impressive for any politician to fulfill half of the promises.
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0 sats \ 0 replies \ @crrdlx OP 7 Nov
The first couple are fairly yes or no, straightforward (but not entirely binary). The lower half or two thirds are nuanced things, rather subjective. We'll see how it goes.
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21 sats \ 0 replies \ @denlillaapan 7 Nov
@remindme in 75 days
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26 sats \ 0 replies \ @grayruby 7 Nov
He is definitely going to fail "mine all remaining Bitcoin in USA"
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5 sats \ 0 replies \ @DarthCoin 7 Nov
@remindme in 4 years
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0 sats \ 0 replies \ @DesertDave 7 Nov
I would be pleasantly surprised if he gets anything near a passing grade. Never know.
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0 sats \ 0 replies \ @Satoshi__Nakamoto 7 Nov
Good good
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0 sats \ 0 replies \ @79c9095526 7 Nov
@remindme in 80 days
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0 sats \ 0 replies \ @BlokchainB 7 Nov
@remindme in 2 years
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