Trump rings the bell at the NYSE: will establish a strategic reserve of Crypto Assets like oil, and was selected as the "Time" magazine's Person of the Year

President-elect Trump appeared on the cover of Time magazine on the 12th, becoming the "2024 Person of the Year," and made his first appearance at the New York Stock Exchange to ring the opening bell. After ringing the bell, he stated that he would establish a Cryptocurrency strategic reserve similar to oil and do some great things in the Cryptocurrency field. (Background: Trump family's DeFi project invested $10 million to buy ETH, son: BTC is a better investment than real estate) (Background: Trump hopes BTC will "exceed $150,000" early in his term: recent gains are largely due to me...) President-elect Trump appeared on the cover of Time magazine on the 12th, becoming the "2024 Person of the Year." The magazine pointed out that "Trump won the 2024 election, achieving an amazing political turnaround." To commemorate Trump being named the Person of the Year, he also made his first appearance at the New York Stock Exchange to ring the opening bell. Promising unprecedented prosperity Trump made a brief statement before ringing the bell, promising that the new government will bring unprecedented economic prosperity and provide enormous incentives that other countries have not implemented, including significant tax cuts. He reiterated the plan to increase U.S. oil drilling, emphasizing that this will drop inflation, and pledged to further reduce the corporate tax rate to 15%, but only for companies manufactured in the U.S. After ringing the bell, Trump was interviewed by CNBC's well-known host Jim Cramer. He added: If you don’t produce in the U.S., you have to pay a 21% tax. If you produce here, we will work hard to reduce the tax rate to 15%. You must produce your products in the U.S. Trump attributed the recent rise in the stock market to his defeat of U.S. President Biden, not Vice President and Democratic presidential candidate Kamala Harris. He stated that for him, the stock market is everything, and after returning to the White House, he will establish closer ties with some of the richest and most influential people: Meta CEO Mark Zuckerberg has come to see me, I can tell you, Musk has too, and Amazon Chairman Jeff Bezos will come next week. I want to get some ideas from them. Will establish Cryptocurrency strategic reserve In addition, it is worth noting that Jim Cramer asked Trump, "You are embracing Cryptocurrency technology, which is completely different from the previous government. Will you establish a Cryptocurrency strategic reserve like oil?" To this, Trump gave an affirmative answer: Yes, I think so. We will do some great things in the Cryptocurrency field because we don’t want China or any other country... not just China... to embrace Cryptocurrency. We want to be the leader. Trump also emphasized that the U.S. will maintain a leading position in the field of artificial intelligence, and the U.S. needs to produce twice as much electricity as the current level to meet the energy demand. Before the election, Trump shouted that he would include BTC in the strategic reserve. Last month, it was reported that he plans to establish a Cryptocurrency advisory committee, which will provide recommendations on digital asset policies, work with Congress to develop Cryptocurrency-related legislation, and assist in establishing the BTC reserve promised by Trump.