Michael Saylor's meeting with Trump is turbo bullish for Bitcoin

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Last night, President-elect Donald Trump's son, Eric Trump, posted a <a target="_blank" href="https://x.com/EricTrump/status/1875019622766031101″>photo of himself at Mar-a-Lago with MicroStrategy CEO Michael Saylor, with the caption: “Two friends, one passion: bitcoin.”

This is incredibly bullish…let me explain.

Over the past four years, under the Biden-Harris administration with full Democratic control, the US government did everything it could to terrorize this industry and attack us. The overwhelming majority of the Democratic Party did not support bitcoin and followed Elizabeth Warren's lead in demonizing the industry and its participants. They weaponized the justice system to arrest Bitcoiners, attempted to tax our unrealized profits, prevented pro-bitcoin legislation from becoming law, debanked industry participants through <a target="_blank" href="https://x.com/iampaulgrewal/status/1875226182662418471″>Operation Shock Point 2.0refused to support bitcoin in any meaningful way, and much more.

They were truly anti-bitcoin. Had Kamala Harris won the presidential election, her reign of terror over bitcoin would have continued for at least four more years. But now, the Democrats' war against bitcoin in the United States is finally coming to an end. And a new administration is coming, and they love bitcoin.

Donald Trump isn't even officially in office yet, and his family is already inviting Michael Saylor to their Mar-a-Lago estate to talk more about bitcoin. This is also not the first time he has done something like this, such as in 2024, when Trump invited American bitcoin mining giants to learn more about the industry and what he should do to better support them.

It is important to note that just two weeks ago, Saylor <a target="_blank" href="https://x.com/BitcoinMagazine/status/1869427814153478425″>saying on Bloomberg that he would be willing to advise Donald Trump on bitcoin. And now that he's at Mar-a-Lago, I think it's safe to speculate that something big could be brewing here.

The Trumps understand bitcoin and continue to show their support for the asset and the industry. Eric Trump recently gave a great <a target="_blank" href="https://x.com/BitcoinMagazine/status/1866542346747208054″>speech at the bitcoin MENA Conference in Abu Dhabi, explaining the features that make bitcoin an invaluable asset while also sharing his family's personal experience of being unbanked and how bitcoin protects people from being unbanked. Donald Trump Jr. made an appearance at the bitcoin 2024 Conference along with his father and showed a lot of support for this asset and the industry.

Donald Trump has pledged to free Bitcoiners (Ross Ulbricht) from prison, enact pro-bitcoin legislation, work with the industry to help us prosper, end Operation Chokepoint 2.0, named an official crypto Czar and said : “bitcoin and cryptocurrencies will skyrocket like never before” under his administration, and much more.

Even if you are not a Trump fan, you have to give him credit and give him and his family credit for the good work they are doing to create a friendly regulatory environment for this industry to thrive. Imagine everything this industry can accomplish in the next four years with the President's support, allowing us to innovate and build without fear of being harassed and demonized by our own government. I would say the sky is the limit but it's even better than that.

Four years is a long time, especially in this industry. A lot can happen during that time and I am incredibly optimistic about the future of bitcoin in the United States under this incoming Trump administration.

Michael Saylor: "bitcoin is on the menu at Mar-a-Lago."

AMERICA IS EMBRACING <a target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin LIKE NEVER BEFORE pic.twitter.com/7c2NJG7Kzd

—Nikolaus Hoffman (@NikolausHoff) <a target="_blank" href="https://twitter.com/NikolausHoff/status/1875209899095027785?ref_src=twsrc%5Etfw”>January 3, 2025

This article is a Carry. The opinions expressed are entirely those of the author and do not necessarily reflect those of btc Inc or bitcoin Magazine.