Trump family DeFi project confirms coin issuance, Trump once again talks about his recognition of Crypto (with full text of speech)

World Liberty FInancial, the Trump family's cryptocurrency project, has just announced its token distribution. 63% of WLFI tokens will be sold to the public, 17% will be used for user rewards, and the remaining 20% will be used for the team. This is a rare milestone or turning point for DeFi, which has been silent for many years. After all, it is the president's level who personally participates.

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

Before announcing the token distribution, Trump chatted about his understanding of Crypto on Twitter Space for 30 minutes. The 78-year-old veteran, who experienced two assassination attempts in less than two months, continued to express his love for Crypto and his criticism of Harris in the live broadcast. He praised his children's love for cryptocurrency, recognized the development of cryptocurrency, and was surprised by the success of NFT sales and the proportion of payments made in cryptocurrency. BlockBeats has sorted out and simplified his speech for readers' reference.

TL;DR

· As usual, thanked the Secret Service for the second protection

· Views on the current political environment, including criticism of the Democratic Party

· Support for cryptocurrency, believing that the United States should become the global center of cryptocurrency, and mentioned the involvement and influence of his family members in the cryptocurrency field

· The success of the NFT project launched, and the recognition of cryptocurrency payment methods through this project, emphasizing the potential of cryptocurrency in the art and collectibles market

· Emphasized the importance of the United States maintaining a leading position in technological innovation, including in artificial intelligence, cryptocurrency and other emerging technologies

Can we talk about the assassination attempt that just happened

Trump: We heard gunshots in the air, about four or five, and the Secret Service immediately knew that it was a bullet. I was with an agent, and there was no doubt that we had to leave that court. In fact, I had hoped to score the last ball. There was gunfire because the Secret Service agents saw an AK-47, a very powerful rifle, and began shooting at the AK-47's location. The suspect jumped in 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. 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 talk now, it looks like both of these guys are radical leftists, the first guy they should know more about, there's behavior that hasn't been made public, it's very strange, the father of the shooter got the biggest lawyer in Pennsylvania, it's very strange, I was down, the Secret Service was there, the bullets were flying right over their heads, they weren't hit, but three other guys were, they were thought dead, but actually the other two guys survived. Normally when you hear bullets, we hear a lot of bullets, a large crowd always starts running, there's a stampede, and when they stampede, a lot of people get injured or killed, but none of them ran, thousands of people, none of them ran, in fact, some of them stood up and looked for the shooter and saw the man with the gun.

I mean maybe this is God wanting me as president to save the country, nobody knows, but when I turned to the right, which was very unusual because people weren't on the right, people were standing in front of me, and when my head turned at an exact 90 degree angle, the bullets whizzed by and grazed my ear.

You've had it all, but after having your life threatened multiple times, you're still here, you've been the President of the United States of America, you're about to be the President of the United States of America again, why are you doing this? What motivates you?

Trump: We have a troubled country, a country that I love, the people of this country, my supporters love this country, they hate to see what's happening to this country, when you have 21 million people pouring in from all over the world, from prisons, from mental hospitals and insane asylums, you know they're different, they're coming in as terrorists, they're coming into our country at unprecedented levels, 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 and thousands of these people, many of them are violent people in many cases.

If you look at Colorado, there's a governor who doesn't know what he's doing, he's scared to be there, he doesn't know what to say, Venezuelan gang members are actually taking over real estate, they're real estate developers in a very different way, they take over buildings, everybody's afraid of them, they have AK-47s, they have MS-13, it's a bad gang, we're going to clean them up, we're going to get them out. I love this country, we're going to make America 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. The border is in worse shape than it's ever been, it's the worst border ever, they're not doing the job they have to do, and as for Kamala, she's the border czar, she's a Marxist, she wants to tax everybody so they can't operate, she wants to raise taxes to 70-80%, she wants an unrealized capital gains tax, which is the craziest thing I've ever heard of, if she gets in office we're going to end up in a depression.

Cryptocurrency is trying to change the financial system, but it always feels like there is something against us. Do you feel the same way, that there is something 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 our country's history. Frankly, if it weren't for that, Russia would never have entered Ukraine. If I don't win, it will only get worse. We will end up like Venezuela. We will fall into a great depression like 1929. We have to make sure this person doesn't come to power. We can't have a Marxist Communist president. We will make our country greater than ever before. You will be happy. You will love your cryptocurrency. As long as you have cryptocurrency, you are happy, so I want to make sure you are happy.

You mentioned that "the United States should be the world capital of cryptocurrency." Why is it not now?

Trump: Well, now you have a very hostile SEC, government to cryptocurrencies, and nobody understands why, I have a different attitude, if we don't do it, other countries will, we have to be the biggest and the best, and when you look at the value and when you add everything up, the value of this whole thing is bigger than the first 20 companies they showed me, the number is just huge. Cryptocurrency has suffered from some credibility problems, but it's growing, and I really believe in it, and I also know a lot of friends who are really into it, and my kids talk about wallets, he has like four wallets, and understands it very well. It's a new and huge business, and it has a chance to be something really special.

Did learning about cryptocurrencies from your kids have an impact on you?

Trump: It made it easier, it's a little bit like a language, like my granddaughter, she speaks fluent Chinese, she learned Chinese from a Chinese nanny since she was two, three years old, and I think cryptocurrencies are a little bit similar, there's a learning curve, and my kids really understood cryptocurrencies when they started.

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

Trump: It's cryptocurrency, it's artificial intelligence, it's a lot of things, and when it comes to the future of artificial intelligence, it requires tremendous power capacity, if you take all the electricity in the United States, in order to dominate in the field of artificial intelligence, you need twice that amount of electricity, who would think that? You need twice as much electricity as we already have. There are countries that are already building power plants, 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 coming, we want to have a great country, we want to stay on top, we are building things now, we are leading in many aspects, one thing I am very proud of is the Space Force, now we are the leader in space, I must say, Musk has done a great job, he is my friend, he supported me very strongly to be president, which is incredible, but he has done a great job in space, he launches 90% of the rockets launched in the world.

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

Trump: I think they should, they should have some safeguards, maybe some people would say that's a bad thing, but it's not, it can't be completely free-for-all, I talk to some of the big crypto people, they want safeguards, but the environment right now is very hostile, the SEC has been very hostile, really arresting people, I think, frankly, they've been much better to people since they heard about my involvement, cryptocurrency is something we have to do, whether we like it or not, we have to do it.

Does your NFT sales have been successful, does that surprise you?

Trump: I got into it very late, NFTs were considered a niche, I thought it might take six months, maybe a year for my NFTs to sell, but it sold out very quickly. Then we did the second batch, the same thing, and then we did the third batch, and people wanted the fourth batch very much.

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

Trump: A little bit, because so many people pay in this way through cryptocurrency, I did ask, and the vast majority of people pay in cryptocurrency, I was a little surprised, that was a while ago, it broadened my horizons, and I think my children have broadened my horizons more than anything else.

If there is one thing that makes you look at cryptocurrency differently, what is it?

Trump: Probably NFTs, again, I'm surprised by the percentage of NFTs that are traded through cryptocurrency, and the enthusiasm of my young sons for this, and I have a lot of smart friends who also believe in cryptocurrency.

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