Trump Family's DeFi Project Confirms Coin Issuance, Trump Talks About Crypto Recognition Again (With Full Speech)

The Trump family's cryptocurrency project, World Liberty FInancial, has just unveiled its own token allocation, with 63% of WLFI tokens going up for sale to the public, 17% for user rewards, and the remaining 20% for teams. This is a rare milestone or turning point for DeFi that has been dormant for many years. After all, it was the president level who personally ended up.

World Liberty FInancial plans to provide cryptocurrency lending services on the Ethereum blockchain network. will be more "user-friendly" and accessible than existing schemes, and will be based on a non-transferable WLFI governance token. And it will be compliant.

Before announcing the token distribution, Trump chatted for 30 minutes on Twitter Space about his understanding of Crypto. The 78-year-old, who has undergone two assassination attempts in less than two months, continued to export his love for Crypto and his attacks on Harris during the live broadcast. He praised his children's love for cryptocurrency, acknowledging the development of cryptocurrency, and being amazed at the success of the NFT offering versus the proportion of payments made through cryptocurrency. BlockBeats has compiled and streamlined his remarks for readers' reference.

TL; DR

· As is customary, thanks to the Secret Service for the second protection

· Perceptions of the current political environment, including criticism of the Democratic Party

· Support for cryptocurrencies, arguing that United States should become a global hub for cryptocurrencies, and mentioning the involvement and influence of his family members in the cryptocurrency space

· The success of the NFT project launched, as well as the awareness of cryptocurrency payment methods through this project, underscores the potential of cryptocurrencies in the art and collectibles market

· Emphasize the importance of United States staying ahead of the curve in technological innovation, including in the areas of artificial intelligence, cryptocurrency, and other emerging technologies

Can you talk about the assassination attempt that just happened?

TRUMP: We heard gunshots in the air, maybe four or five, and the Secret Service knew right away that it was a bullet, and I was with an agent, and there was no question that we were leaving that stadium. Actually, I was hoping to get the last ball in. There was gunfire because the Secret Service agents saw the AK-47, a very powerful rifle, and started firing at the AK-47's location. The suspect jumped into the car, someone took a picture of the license plate, and then he was tracked down the highway in a fairly short period of time and was eventually caught, and the Secret Service did a great job.

This is the second time in your life that something like this has happened in less than two months, what do you think?

TRUMP: Well, there's a lot of rhetoric right now, it looks like both of these guys are radical leftists, the first people they should know more about, there's behavior that hasn't been made public, it's weird, the gunman's father found the biggest lawyer in Pennsylvania, it's weird, I went down at the time, the Secret Service was there, the bullets flew right over their heads, they didn't get hit, but the other three people were hit, they were thought to be dead, but in fact the other two survived. Usually, when we hear bullets, we hear a lot of bullets, a whole group of people will always start running, they will stampede, and when they stomp, a lot of people will have casualties, but they don't run, thousands of people, no one runs, in fact, some of them stand up and look for the gunner, and they see the man with the gun.

I mean maybe it's God who wants me, the president, to save the country, and no one knows, but when I turn to the right, it's very unusual because people aren't on the right, people are standing in front of me, and when my head turns at a precise 90 degree angle, bullets whistle by, grazing my ears.

You've got everything, but you're still here after your life has been threatened many times, you've been the president of the United States of America, you're about to become the president of the United States of America again, why are you doing that? What motivates you?

TRUMP: We have a troubled country, a country that I love, I love the people of this country, my supporters love this country, and they hate to see what's going on in this country, when you have 21 million people pouring in from all over the world, from prisons, from mental hospitals and lunatic asylums, you know they're different, they're coming in as terrorists, they're coming into our country at an unprecedented level, they're taking over our towns, they're taking over small cities and big cities, look at New York, Look at Chicago, look at Los Angeles, thousands of these people, many of them are rough people in a lot of cases.

If you look at Colorado, there's a governor who doesn't know what he's doing, he's scared there, he doesn't know what to say, the gangs in Venezuela are actually taking over real estate, they're being real estate developers in a very different way, they take over buildings, everybody is afraid of them, they've got AK-47s, they've got MS-13s, it's a bad gang, we're going to clean them up, we're going to get them out. I love this country, and we're going to make United States great again, we're going to be able to do it, we've done it before, we're going to do it again, it's going to be easier this time." This time the situation at the border is worse than ever, it's the worst border ever, they didn't do the job they had to do, and as for Kamara, she's the border czar, she's a Marxist, she wants to tax everyone so they can't operate, she wants to raise taxes to 70-80%, she wants an unrealized capital gains tax, it's the craziest thing I've ever heard, if she comes to power, we'll end up in a depression.

Cryptocurrencies are trying to change the financial system, but it always feels as if there is some kind of force against us, do you feel the same way, feel like there is some kind of force against you?

Trump: There are a lot of bad things in the world, I hope to solve the Russian-Ukrainian problem, the inflation problem, we are withdrawing from Afghanistan, but with dignity and strength, that was the most embarrassing moment in the history of our country, and frankly, if it were not for that, Russia would never have entered Ukraine. If I don't win, it's only going to get worse, we're going to end up being Venezuela, we're going to be in a Great Depression like 1929, we have to make sure that this person doesn't come to power, we can't have a Marxist communist president, we're going to make our country greater than ever, you're going to be happy, you're going to like your cryptocurrency, as long as you have cryptocurrency, you're happy, so I want to make sure you're happy,

You mentioned that "United States should be the world capital of cryptocurrency", why not now?

TRUMP: Well, now you have a very hostile SEC, the government on cryptocurrency, and no one understands why, and I have a different attitude, and if we don't, other countries will, and we have to be the biggest and the best, and when you look at the value and when you add everything up, the whole thing is worth more than the top 20 companies that they've shown me, and that number is just huge. Cryptocurrency suffers from some credibility issues, but it's growing, I really believe in it, I also know a lot of friends, they're really engaged, my kids talk about wallets, he seems to have four wallets, knows very well. It's a new and huge business with the opportunity to really be something special.

Does learning about cryptocurrency from your kids have an impact on you?

TRUMP: It makes things easier, it's kind of like a language, like my granddaughter, who speaks Chinese fluently, learned Chinese from a Chinese nanny from the age of two, three, and I think crypto is kind of similar, there's a learning curve, and my kids really understand crypto in the beginning.

Why is it so important for United States to lead in cryptocurrency adoption and innovation?

TRUMP: This is cryptocurrency, this is artificial intelligence, this is a lot of things, and when it comes to the future of artificial intelligence, it requires huge power capacity, and if you take out all the electricity in United States, in order to dominate the AI space, you need twice that amount of electricity, who would think so? You'll need twice as much power as we already have. There are countries that are already building power plants, and they want to build them for artificial intelligence, which is very important, but we have environmental impact issues. Whether it's cryptocurrency or artificial intelligence or other things that are on the horizon, we want to have a great country, we want to stay at the top, we're making things right now, we're leading the way in many ways, one thing that I'm very proud of is the Space Force, now we're a leader in space, and I must say, Musk has done a fantastic job, he's my friend, he's very strongly supporting me to be president, which is incredible, but he's done a fantastic job with space, He launches 90% of the world's launches.

Does United States need a legal framework for cryptocurrencies so that businesses can thrive and survive here?

TRUMP: I think they should have, they should also have some safeguards, and maybe somebody would say that's a bad thing, but no, it can't be completely laissez-faire, and I'm talking to some of the big crypto folks, and they want safeguards, but the environment right now is very hostile, and as far as I understand, the SEC has been very hostile, really arresting people, and I think, frankly, they've treated people a lot better since they heard that I'm involved, and crypto is something we have to do, Whether we like it or not, we have to do it.

Would you be surprised that your NFT sale was successful?

TRUMP: I was a very late entrant, NFTs were considered unpopular, and I thought it might take six months, maybe a year, for my NFTs to sell, but it sold out very quickly. And then we did the second batch, and it was the same, and then we did the third batch, and people really wanted the fourth batch.

Are NFTs an important part of the digital asset value story?

TRUMP: Sort of, because so many people pay in cryptocurrency, I did ask, the vast majority of people pay in cryptocurrency, and I'm a little surprised, that was some time ago, and it broadened my horizons, and I think my kids have broadened my horizons more than anything else.

If there's one thing that makes you look at crypto differently, it's what?

TRUMP: Maybe it's NFTs, and again I'm amazed at the percentage of NFTs being traded through cryptocurrency, and the enthusiasm of my younger sons for it, and I have a lot of smart friends who are also big believers in cryptocurrency.