Bitwise Asset Management CEO Hunter Horsley suggested that the Trump administration is likely to have a major impact on crypto.
In an X post published earlier today, Horsley suggested that Trump administration’s upcoming pro-corporation policies may push people towards trustless alternatives. He wrote that the administration is likely to unfreeze mergers and allow big companies to get even larger:
“Large corporates — mag 7, etc — may finally be able to wield their market cap. Amazon could buy Instacart. Google could buy Uber. […] The big may get bigger, and the middle may shrink.”
According to Horsley, such a thing happening would “accelerate crypto.” He reasons that the value proposition of cryptocurrencies is not needing to trust a large institution to have your best interest at its heart, so corporations becoming more influential exacerbates this need:
“The conceptual premise of crypto is not trusting large institutions to do what’s in your best interest. The big getting bigger accentuates this.
2025 is going to be so fascinating.”
The detailsIn a separate X post, Horsley wrote that “the enemy is stagnation, not change.” He expressed his excitement about the upcoming shifts, noting that “it feels like the world is on the precipice of change in 2025.”
It feels like the the world is on the precipice of change in 2025.
The enemy is stagnation, not change. Progress requires change.
I'm super fired up for it.
— Hunter Horsley (@HHorsley) January 5, 2025
“Progress requires change. I’m super fired up for it.”
Horsley also reposted a list of the top 70 corporate Bitcoin holders, predicting that the list would get longer this year. He wrote:
“11 publicly traded companies bought more Bitcoin since last Monday. […] 2025 is going to see a lot of corporations joining the Bitcoin standard.”
The Bitwise Asset Management CEO further referenced MicroStrategy CEO Michael Saylor, who, according to him, wrote “the playbook for a movement.”
MicroStrategy is a publicly traded business intelligence company founded in 1989 that pivoted to acquire as much Bitcoin as possible in 2020. The company now holds well over 1% of all Bitcoin that will ever exist and is well underway in its pursuit of 2%.
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