Donald Trump is a Crypto supporter?

Recently India concluded its election and the same party returned to power that has ruled in the country for the last 10 years. It is good for some people because they can expect the same rules and regulations to be continued and there will be no changes in the policies especially if you talk about the existing ones. Not all policies and rules are good for the people but hopefully, in this next term, the new government will try to fix things if they have intention however nothing can be predicted as of now.

During this election campaign, there has been no discussion about Crypto and it is surprising because Crypto is one of the leading segments worldwide but in the Indian election it was not part of the election campaign. Today I was reading some of the articles related to the US election I was surprised to see that Donald Trump is openly talking about crypto which I think is a big thing and we should take it as a positive move.

If a party talks about Crypto in an open space then it should be appreciated because this way Crypto is getting more legality and a lot of people will also get to know about it. Obviously when leading political parties make crypto as their one of the agendas for the elections then not just awareness increases but also many other things go well for the overall crypto industry. I appreciate what Donald Trump is doing for the Crypto and hope that once he is back then hopefully things for the Crypto industry will be better in the US.

He recently gave a statement that the entire crypto mining should be in the US only which I think is a big statement and might not be practical but at least it's good that somebody is talking about it and that too in a positive way. Till now we have seen people from such political parties talking about Crypto as a negative instrument and the government banning them for far different reasons. I hope that he will do something good for the crypto industry if he is elected. I also hope people in the US support him who are part of the Crypto or planning to do this so that the industry gets a better boost from us which is undoubtedly a bigger market worldwide.

We have seen how some of the Crypto companies were targeted in the US badly and if there is a government that can support the entire industry then things are going to be completely different and I would say that it is also going to be positive for all of us. If you as a country can set up an example to support Crypto then I also hope that many others will come forward and follow the trend because many countries do not try to take the initiative but they also follow some of the countries like the US and some others.

After reading such news articles I feel sad that political parties in India have not even talked about it whereas the Crypto industry in India is not small and millions of users are already part of the industry. Mining Crypto exchanges are unicorn in India which means it's a big company but sadly even after all these aspects, the government and political parties are not trying to get involved in this industry which can be a good revenue generation for them as well as for the country to generate many jobs. I can just say that in the future things should improve but I don't see it happening soon especially in India because things are not really on the right track as we know how taxation has been killing the industry for the last two years.

Thank you

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