In elections and political influence After his inauguration, Trump is likely to quickly release an executive order designating crypto as a national priority.11 This would not be the first crypto-related executive order — Biden had his own — but the focus on consumer protection and financial risks in Biden’s order is likely to be completely absent in Trump’s. Instead, Trump’s will most likely formalize the signal — already being received loud and clear in Washington, as I outline in a moment — that the crypto industry is a friend to Trump and needs to be treated accordingly. The order will also likely establish a crypto advisory council, though this is not any big surprise given that Trump has already announced that such a council will exist when he announced it would be led by Bo Hines (for some mystifying reason that I would still quite like to learn more about) [I72]. A “top transition source” told Axios that Trump “is going to be very focused on the price of Bitcoin”, and wants to see it hit $150,000 early into his presidency. This does not give me a ton of hope as far as him not pursuing blatant efforts to juice the price of bitcoin to benefit a minute few at the expense of the vast majority of Americans.12 The New York Post, such as it is, published rumors that Trump has been considering an “America First” strategic reserve that would prioritize tokens founded in the United States, such as Solana, USDC, and Ripple’s XRP token.13 Putting aside Trump’s enchantment with
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