2024

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<p><strong>Donald Trump, likely the next president of the United States, has softened his stance on bitcoin.</strong></p>
<h2 id="h-trump-is-no-longer-against-bitcoin">Trump is no longer against bitcoin</h2>
<p>The former U.S. President dropped a bombshell on CNBC by stating <em>“we will one day let people pay in bitcoin. It’s a form of additional currency.”</em></p>
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<p>This is a sharp contrast to his past statements. <em>“Bitcoin seems like a scam [scam]”,</em> he had said in 2021.</p>
<p><em>“I don’t like it because it’s a currency that competes with the dollar,”</em> he had added. This opinion was repeated on Monday to Joe Kernen:</p>
<p><em>“I will not allow countries to break free from the dollar. The end of the dollar as the world standard would be like losing the War of Independence.”</em></p>
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     <p lang="en" dir="ltr">BREAKING<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/203c.png" alt="‼" class="wp-smiley" style="height: 1em; max-height: 1em;">: Former President Donald Trump:<br><br>"Sometimes we'll let people pay through Bitcoin…it's an additional form of currency…<br><br>I would not allow countries to go off the dollar, because when we lose that standard, that will be like losing a revolutionary war."<a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> <a href="https://t.co/8iU0a3TlaX" rel="noopener noreferrer nofollow">pic.twitter.com/8iU0a3TlaX</a></p>— Swan (@Swan) <a href="https://twitter.com/Swan/status/1767157810062643312?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 11, 2024</a>
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<p>Unfortunately for the United States, the dollar is losing its luster. The most important emerging nations are abandoning it. The world needs a new international reserve currency and bitcoin is well-suited to assume this role.</p>
<p>Our article on the subject: <em><a href="https://www.cointribune.com/en/bitcoin-should-replace-the-dollar/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin must replace the dollar</a></em>.</p>
<p>Indeed, the freezing of 300 billion euros and dollars belonging to Russia did not go unnoticed around the world.</p>
<p>Our article on the subject: <em><a href="https://www.cointribune.com/bitcoin-et-le-gel-des-300-milliards-russes/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin and the freezing of 300 billion Russian dollars.</a></em></p>
<p>Even the European Central Bank has privately warned that seizing Russian assets could tarnish the international reputation of the euro as the second international reserve currency.</p>
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<p>Similar concerns are being felt in the United States regarding the dollar, which represents 58% of global foreign exchange reserves. As the Russian president recently stated:</p>
<p><em>“The United States harms the dollar by banning certain countries from using it. […] They are only undermining the power of the dollar, which is the opposite of the intended result.”</em></p>
<p>Some financial experts believe there is no cause for alarm. They argue that there are few alternatives to the dollar, euro, and other G7 reserve currencies.</p>
<p>They’re not factoring in bitcoin. Stateless, anti-inflationary, and uncensorable, bitcoin is poised to replace the euro and the dollar as international reserve currencies.</p>
<p>Whether the empire likes it or not, bitcoin possesses all the qualities to lubricate international trade and put all nations on equal monetary footing.</p>

Trump ready to legalize payments in Bitcoin

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