Donald Trump has won the US presidential election, becoming the 47th President of the United States for a second time. With victories in key battleground states, Trump secured 270 electoral votes, surpassing the majority needed to win the election. Trump’s strong support in the Midwest and South, along with wins in states like Ohio and Florida, helped him secure his win.
Vice President Kamala Harris, despite performing well in traditional Democratic strongholds, fell short in Pennsylvania and Wisconsin, which ultimately decided the race. Trump also received a majority of the popular vote with over 51% of votes, signaling renewed support for his economic policies and focus on deregulation.
This election victory also marks the first openly pro-Bitcoin president in the United States. Trump embraced promises aimed at Bitcoiners during his campaign, distinguishing him from previous candidates and appealing to advocates of decentralized finance. His stance on Bitcoin aligns with the values of financial freedom and sovereignty, which are central to the broader crypto community.
Trump pledged to protect Bitcoin miners and explore a Bitcoin Strategic Reserve, garnering support from the Bitcoin and crypto voter demographic. Trump’s promises have inspired optimism among Bitcoiners, highlighting a potential shift in the government’s approach to cryptocurrency. During his campaign, Trump criticized CBDCs as an encroachment on personal financial freedom, signaling his wariness of state-controlled digital currencies.
His policies on Bitcoin, cryptocurrency, and financial freedom have positioned him as a potential ally in the fight against excessive financial control. Some of Trump’s most notable commitments to Bitcoiners include support for Bitcoin miners in America, exploring a Bitcoin Strategic Reserve, and a potential pardon for Ross Ulbricht.
He has also expressed opposition to Central Bank Digital Currencies (CBDCs) and the simplification of the tax code for digital assets. These promises have the potential to foster a pro-Bitcoin administration, making Trump’s presidency a pivotal moment for Bitcoin in America.
