Lightspark CEO David Marcus has described President Donald Trump’s cryptocurrency plan as “a brand new day for crypto in America.” In an interview, Marcus stressed the need for a more welcoming regulatory climate and spoke about the potential of the Trump administration’s crypto stockpile program.
“I think there’s just a lot more opportunity for growth and appreciation of bitcoin than gold in the next couple of decades, so I think it’s a wise decision potentially,” says @davidmarcus on creating a strategic bitcoin reserve:https://t.co/4M8F7lwWig
— Squawk Box (@SquawkCNBC) February 6, 2025
Related: Trump’s Bitcoin Stockpile Plan: U.S. Reserve Could Hold 1 Million BTC
The seasoned entrepreneur remains hopeful that the regulatory environment under Trump will differ from previous administrations, recalling his troubled experience under the prior regime. Marcus pointed out the government’s earlier resistance that forced his project to cease operations in the country.
In the meantime, Marcus compared the past government’s crypto stance with the initiatives of the Trump government and thinks there is a lot to be optimistic about. The Lightspark CEO cited ongoing regulatory discussions and talks about having a crypto stockpile as symbols of hope that the crypto industry will grow under Trump’s watch.
Industry Momentum
Marcus asserts that the current administration will spare no effort to secure America’s lead in a financial revolution set to reshape the system. He described it as a “polarity flip” of atmosphere and energy for an entire industry, giving him a reason to be excited. The tech expert thinks the government is close to restructuring the industry and pulling the US out of the precipice of falling behind on crypto matters.
Related: Trump’s Crypto Policy Shake-Up: Bitcoin Stockpile, New Rules Ahead
Turning to the proposed crypto stockpile, Marcus drew a parallel with the US gold reserve. Believing that Bitcoin outshines gold as a digital asset, the Lightspark co-founder thinks the Trump government will move in the right direction by allocating a portion of its gold reserve to the crypto stockpile. According to him, Bitcoin provides more opportunities for appreciation than gold in the next few decades.
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