Donald Trump Is No Longer Anti-Bitcoin
Crypto News

Donald Trump Is No Longer Anti-Bitcoin

месяц назад

Former President reverses anti-crypto stance and says he "can live with" Bitcoin during presidential campaign.

Donald Trump Is No Longer Anti-Bitcoin

In a pivot from his previously critical stance, former President Donald Trump signaled an openness toward Bitcoin during a recent Fox News interview.

View post on Twitter

When asked if embracing decentralized cryptocurrencies like Bitcoin could counter China's digital yuan, Trump responded, "I like the dollar, but many people are doing it [using Bitcoin], and frankly, it’s taken a life of its own. You probably have to do some regulation, as you know, but many people are embracing it. And more and more, I’m seeing people wanting to pay Bitcoin, and you’re seeing something that’s interesting. So I can live with it one way or the other."

This marks a drastic change from Trump's anti-Bitcoin rhetoric in 2021 when he called it a "scam" and ordered the Treasury Secretary to "go after" cryptocurrencies. His new comments acknowledge Bitcoin's soaring popularity.

Some speculate this shift is a political tactic to attract crypto-focused voters for his 2024 presidential campaign. Trump currently leads the Republican field, which includes rival Nikki Haley.

Regardless of motives, Trump's evolving perspective could influence future U.S. policies.

This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap. CoinMarketCap is not responsible for the success or authenticity of any project, we aim to act as a neutral informational resource for end-users.
2 people liked this article