After Trump took office and delivered his inaugural speech yesterday, many people on the Internet were talking about why Trump did not mention a word about cryptocurrency in his speech?
Actually, I don’t think you need to care too much about this.
As an inauguration speech, it reflects more of Trump’s redefinition and re-elaboration of the future direction and basic values as president than of industrial development and Specific expression.
In terms of technology, Trump has strongly advocated two areas that should be focused on development: one is encrypted assets and the other is artificial intelligence.
In this speech, not only did he not mention crypto assets, but he also did not mention artificial intelligence.
But does this mean that he will not take any subsequent measures to continue to strengthen the United States' leading position in these two fields?
Definitely not.
In terms of industrial and economic development, Trump has strongly advocated two points: one is the reshoring of manufacturing, and the other is the imposition of additional tariffs.
In this speech, he mentioned that the United States should become a manufacturing industry again, but he did not mention the reshoring of manufacturing, let alone the imposition of tariffs.
But does this mean that he will not take any subsequent measures to implement his ideas?
Definitely not.
As soon as the speech was over, his first tariff stick was directed at neighboring Canada.
If you carefully observe the ranking at his inauguration ceremony, you will find that the first row is his family members, and the second row is American technology giants. The third row is his cabinet.
It can be seen from this ranking relationship that the cabinet members do not have much influence on it. I even think it is just a tool for him to achieve his goals. What really affects him are the first two rows: family members and technology giants.
I won’t talk about family members.
Looking at those technology giants, almost all of them are involved in the encryption industry, and all of them are involved in artificial intelligence? And each one is full of vigilance and hostility towards the other?
In the past, we always liked to say that the presidents of the United States were coerced by the financial interests of Wall Street.
But when looking at these technology giants surrounding Trump, I feel that for this president, the status of technology giants in his mind has been far away. Much higher than Wall Street.
Looking at such a scene, I have mixed feelings.
I have written in a previous article that this time Trump has long lost the youthfulness he had when he was in office. This time he will do his best to implement His ideals and measures.
Therefore, the key now is not whether he will introduce any measures, but what exactly does he think? Will his previous thoughts change?
If this is what he has always wanted to do, I am afraid no one can stop him. The only thing that can stop him is attractive enough interests and a high enough price.
But who knows how big his appetite will be as a businessman?
As for the encryption industry specifically, he will definitely give priority to and support American companies in this industry. In my opinion, these companies are either "good" or "bad" (the "good" and "bad" I say here purely refer to their values).
So when he introduces a series of measures to benefit these companies, the impact on the entire encryption ecosystem may be very complicated:
In the long run, it will definitely benefit the entire ecology.
However, in the short term, there will be various unexpected impacts on the ecology. Whether these impacts are good or bad is difficult to see in a short period of time. Coupled with the fact that his own team is issuing coins, this makes things more complicated.
So overall my strategy is to watch more, move less, and focus on observation. Don’t touch things you don’t understand or understand first, observe them first.
As for many people on the Internet saying that they missed the opportunity to get rich when Trump issued the currency, I don’t think it is a pity. I didn’t participate either. I didn’t buy his coins, nor did I buy his wife’s coins.
If everyone thinks this is an opportunity to get rich, it also shows that there is never a shortage of opportunities in the crypto ecosystem. If you miss one, there will be another one. We just have to wait patiently for the next opportunity that belongs to us.