Lightspark CEO David Marcus describes President Donald Trump’s cryptocurrency program as “a brand new day in American crypto.” In an interview, Marcus highlighted the need for a climate in a more welcoming regulatory environment and spoke about the potential of the Trump administration’s crypto stockpile program.
“I think that’s a potentially wise decision as I think there will be far more opportunities for Bitcoin to grow and appreciate than gold in the coming decades,” @Davidmarcus creates a strategic Bitcoin reserve Talk about doing: https://t. CO/4M8F7LWWIG
– Squawk Box (@squawkcnbc) February 6, 2025
Related: Trump’s Bitcoin Stockpile Plan: US Reserves Can Hold 1 Million BTC
The experienced entrepreneur hopes that the regulatory environment under Trump will be different from that of his previous administration, recalling his troubled experiences under his previous administration. Marcus pointed to the government’s previous resistance that forced his project to cease activities in the country.
In the meantime, Marcus compares past government code stances with Trump’s initiatives and believes there is much to be optimistic. The CEO of Lightspark cites the ongoing regulatory debate and talks about having a crypto stockpile as a symbol of hope that the crypto industry will grow under the Trump watch.
Industry momentum
Marcus argues that the current administration will not spare efforts to secure America’s lead in the financial revolution set up to rebuild the system. He described it as a “polar flip” of atmosphere and energy throughout the industry, giving it a reason to be excited. Technology experts believe that governments are approaching restructuring the industry and pulling the US out of the cliffs of falling behind crypto issues.
Related: Shake-up of Trump’s crypto policy: Bitcoin stockpile, new rules for the future
Turning to the proposed crypto stockpile, Marcus drew it in parallel with the US gold reserve. Believing Bitcoin is dominating gold as a digital asset, Lightspark co-founders believe the Trump government will move in the right direction by allocating part of its safes to crypto stockpile. He says Bitcoin offers more appreciation opportunities than gold in the coming decades.
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