On November 7th I gave my thoughts on what would change post-election and Trump win. It’s now 2 months later, so I wanted to repost and see if my thoughts were correct and/or changed. The original post is at https://members.delphidigital.io/feed/post-election-thoughts-what-happens-next?utm_source=link&utm_medium=portal but I’m reposting it here anyways.
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Crypto has essentially been legalized now in America, the largest capital market in the world. On the regulation front we’ll either get new, thoughtful rules created for the industry or we’ll see a hands off approach with no new rules but no longer the extreme regulation by enforcement regime we’ve been under. The former would be better for attracting institutional flows, the latter would be better for rug pullers. Prices probably go up in either. Today: Too early to say but it does seem like we are going to get some new regulations. David Sacks is the head of a new “Crypto Czar” position which signals to me they’re not goin