Crypto 4 川普的事情與比特幣無關

是的，我知道，你來這裡是為了讓仇恨蔓延。你已經接受了所有的花言巧語。唐納德·特朗普喜歡加密貨幣。他正在擁抱 DeFi。

This article argues that people who are voting for Donald Trump because they believe he will be good for crypto are mistaken. The author claims that the initiative known as Crypto 4 Trump is actually an alliance of large U.S.-based mining firms and exchanges that have banded together to spend heavily in an effort to put an end to the mistreatment that they have been subjected to. They are weary of being brought to court, harassed, and essentially driven out of the United States. And they certainly have cause to feel this way.

本文認為，那些因為相信唐納德·川普對加密貨幣有利而投票支持他的人是錯誤的。作者聲稱，被稱為 Crypto 4 Trump 的倡議實際上是美國大型礦業公司和交易所的聯盟，這些公司聯合起來投入巨資，努力結束他們所遭受的虐待。他們厭倦了被送上法庭、被騷擾，甚至被驅逐出美國。他們當然有理由有這樣的感覺。

However, the Bitcoin industry is not the same as the crypto sector. This was the same line of reasoning that was used to justify the Fork Wars, and to summarize, let's just say that it did not end well at all. If miners in the United States are forced to relocate, mining will continue in other parts of the world, and decentralizing the hashrate, as we observed with China's mining ban, is ultimately beneficial for Bitcoin™.

然而，比特幣產業與加密產業不同。這與用來證明叉子戰爭合理性的推理是一樣的，總而言之，我們只能說它的結局並不好。如果美國的礦工被迫搬遷，世界其他地區的採礦活動將繼續進行，而正如我們在中國的採礦禁令中觀察到的那樣，散列率的去中心化最終對比特幣™有利。

ASIC manufacturing may remain consolidated in a small number of international companies, that much is true. It's possible that rebuilding will take even longer. But other nations will capitalize on the opportunity, and the Bitcoin network will continue to function normally. Bitcoin might be our best chance at toppling all of the current superpowers and giving the developing world more authority. If it entails leaving the United States behind, then so be it.

ASIC 製造可能仍集中在少數國際公司中，這是事實。重建可能需要更長的時間。但其他國家將利用這個機會，比特幣網路將繼續正常運作。比特幣可能是我們推翻當前所有超級大國並賦予發展中國家更多權力的最佳機會。如果這需要把美國拋在後面，那就這樣吧。

Now, let's talk about the elephant in the room: a Kamala presidency will result in increased enforcement of U.S. securities laws, not a vote that will allow millions of alts to flourish. A victory for Trump almost certainly ensures only one possible outcome for our industry: the SEC will be defanged, which will put “coins other than Bitcoin” on a “level playing field.”

現在，讓我們來談談房間裡的大象：卡馬拉擔任總統將導緻美國證券法的加強執行，而不是讓數以百萬計的另類投資蓬勃發展的投票。川普的勝利幾乎肯定只會為我們的行業帶來一個可能的結果：美國證券交易委員會將被削弱，這將使「比特幣以外的貨幣」處於「公平的競爭環境」。

On the other hand, if the SEC continues to enforce its securities laws on the crypto industry, it will rightfully highlight the distinction between Bitcoin, which was distributed through proof-of-work (the only known method of avoiding securities sales), and the many centralized variants.

另一方面，如果美國證券交易委員會繼續對加密行業執行其證券法，它將理所當然地強調透過工作量證明（唯一已知的避免證券銷售的方法）分配的比特幣與比特幣之間的區別。許多集中式變體。

To put it another way, “crypto assets” are the ones that need a regulatory framework in order to survive, not Bitcoin, which is already decentralized enough. Forcing the builders in the crypto industry to follow these laws will undoubtedly benefit developers who are trying to expand these capabilities to Bitcoin, the only major cryptocurrency with a clear regulatory framework. Are we really going to argue that encouraging millions of developers to put their technology on Bitcoin (rather than Ethereum or Solana) would be a bad thing?

換句話說，「加密資產」是需要監管框架才能生存的資產，而不是已經足夠去中心化的比特幣。迫使加密產業的建構者遵守這些法律無疑將使那些試圖將這些功能擴展到比特幣的開發人員受益，比特幣是唯一具有明確監管框架的主要加密貨幣。我們真的會認為鼓勵數百萬開發者將他們的技術放在比特幣（而不是以太坊或 Solana）上是一件壞事嗎？

If there is a single coherent thread running through Bitcoin maximalism, it is the assertion that everything outside of Bitcoin is either 1) a scam or 2) can be built on top of Bitcoin's blockchain. A continued crackdown on crypto will drive the market to investigate the second point more thoroughly. It would also drive up the price of MicroStrategy stock (MSTR), as it would remain one of the few widely accessible plays to get legitimate beta on Bitcoin.

如果有一條貫穿比特幣最大化主義的單一連貫線索，那就是比特幣之外的一切要么 1) 騙局，要么 2) 可以構建在比特幣區塊鏈之上。對加密貨幣的持續打擊將促使市場更徹底地調查第二點。它還將推高 MicroStrategy 股票（MSTR）的價格，因為它仍然是為數不多的獲得合法比特幣測試版的廣泛使用的股票之一。

Sure, the taxes on your Bitcoin profits may go up, and spending may continue to be penalized. But anon, I thought you were supposed to be HODLing anyway

當然，比特幣利潤的稅收可能會增加，支出可能會繼續受到懲罰。但不久之後，我認為你無論如何都應該持有

So, remind me, of all the supposedly pro-Bitcoin policies of a Trump presidency, what is it that you expect to get, other than state-sanctioned degeneracy and block propagation in the heartland? If you're a single-issue Bitcoin voter, shouldn't that mean voting for an option that makes Bitcoin more decentralized and less reliant on U.S. government policy? Allow me to reintroduce you to Madame President Harris, a bullish choice for Bitcoin.

所以，請提醒我，川普總統任期內所有所謂的支持比特幣的政策，除了國家批准的墮落和中心地帶的區塊傳播之外，你還期望得到什麼？如果您是單一發行的比特幣選民，這不應該意味著投票支持使比特幣更加去中心化並且更少依賴美國政府政策的選項嗎？請容許我向您重新介紹哈里斯總統女士，這是比特幣的看漲選擇。