Guess who got the cold shoulder in US President Donald Trump’s first 200 executive orders? That’s right, the crypto gang! Despite all the buzz and anticipation from the digital asset crowd, Bitcoin 🪙 and co. didn’t make the cut.
David Bailey, the big cheese at Bitcoin Magazine and ex-crypto whisperer for the Trump camp, dropped a line on X (Twitter’s new alias), hinting at crypto orders lurking in the shadows. “Got confirmation tonight that our EOs are among the first 200.” But when asked for details, Bailey was as clueless as a 🐢 in a tech race. “I have no idea what made it in,” he admitted, adding a cryptic “good news cometh.”
The crypto crew had high hopes for Trump’s reign. Rumors before his big day suggested he’d give digital dough the royal treatment, maybe even calling it a national treasure or setting up a Bitcoin stash. But alas, no such luck.
First-day Fizzle for Crypto
On day one, Trump’s focus was elsewhere, like on immigration, energy, and federal ops. He flipped the switch on oil drilling and declared, “We will extract as much oil as we can.” Then, he pulled the US out of the Paris Climate Agreement, a move to tackle climate change that left environmentalists 🌱 sighing.
Trump also tossed TikTok a lifeline, giving it 75 more days to find a US suitor. This move was meant to soothe security worries, but where was the love for crypto?
Fox Business’ Eleanor Terrett chimed in with her two cents: “No Day 1 executive orders on #crypto or industry-related pardons, then?” Her tweet resonated with the crypto crowd, who were hoping for a shout-out.
A Missed Chance for Crypto?
Crypto fans were scratching their heads over why digital assets were sidelined. Before Trump took the oath, there was chatter about him pardoning Ross Ulbricht, the Silk Road boss doing time for life. But nada.
During his inaugural speech, Trump was mum on crypto, leaving many feeling 🙁. Bailey tried to pep up the troops by saying their “decrees are coming too,” hinting at a crypto cameo later in Trump’s term.
While crypto didn’t get its moment in the spotlight, the chatter around Trump’s stance on digital assets shows how important crypto is becoming in the halls of power. For now, the crypto world is playing the waiting game, fingers crossed for a nod and a wink from the top.
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2025-01-21 15:39