Decided to watch Trump's speech at Nashville. Normally I don't bother listening to long political speeches.
Overall it was a good speech, with several relevant and important points. His Bitcoin reserve ideas seem to be within the realm of the possible and not extremely outlandish.
Removing taxes on tips fits well with his pro-Bitcoin message.
As I heard him say that, I could almost hear him say: "You can play with your ZAPS on Nostr as much as you want and it will labeled tips and it will not be taxed or registered".
Perhaps I am jumping to conclusions here but I think that this interpretation is not a far stretch, if tips becomes tax excempt
A related matter is that if zaps are not taxed, then there is no reason for the state to monitor them. The reduction in surveillance would be a victory in itself. (We can still expect the EU and Laggarde to attempt maximizing surveillance and KYC/AML)
Trump's positivity to crypto was upsetting for many bitcoiners. Yet, a president is supposed to be inclusive and show support for individual liberties and property rights. Trump signaled that he is a defender of rights. He spoke out against "repression of Bitcoin and crypto". That is a powerful message to his voter base.
We can say as bitcoiners, well crypto is harmful. Yes, it is. But we say this with the conviction of experience and insight. Trump does not have this insight, yet. And even if he did, his job is to reassure voters that free markets is the standard that he is operating by. (If we for a moment ignore the fact that no nation is yet a true free market, technically, due to the presence of central banks)
The most important aspect for me is the opposition to CBDCs. We already knew from game theory that nations will have to stack Bitcoin. It was a matter of time.
I hope Trump will reward Vivek Ramaswamy with an influential position in his administration. Vivek dropped out of the election gracefully in order to not divide the votes, showing both strategic ability and integrity.
Avoiding a Kamala Harris and Elizabeth Warren government, with continued warfare in Ukraine, repression of private property rights, DEI policies, CBDCs and full speed on the UN Agenda 21 madness, avoiding these risks to liberty is vital. Climate alarmism and Agenda 21 is at the heart of the deep state and Trump's energy policies is akin to holding a crucifix, garlic, and a sloped roof against it. Vampires shall not pass
#Trump #Speech #Bitcoin #2024 #Nashville