United

TRUMP

DONALD TRUMP

President Donald Trump

Donald Trump

<div class="finbold">
 <p class="paragraph">Amid the presidential elections campaign in the United States picking up steam, the former US President Donald Trump has expressed support for the cryptocurrency sector, pointing out at the differences on this issue between him and his rival, the current US President Joe Biden.</p>
 <p class="paragraph">As it happens, Trump was answering questions from the audience during an exclusive dinner for buyers of his <em>Mugshot Edition </em>non-fungible tokens (NFTs) at his Mar-a-Lago resort in Palm Beach, Florida, as per a series of video clips shared by Frank Degods, a prominent figure in the NFT realm, on May 9.</p>
 <h2 class="wp-block-heading" id="h-if-you-re-in-favor-of-crypto-you-better-vote-trump">‘If you’re in favor of crypto, you better vote Trump’</h2>
 <p class="paragraph">Indeed, in one of these videos, the former President argued that the incumbent US President didn’t even understand crypto and that the US Securities and Exchange Commission, alongside the Democratic Party, was “very much against it,” but that he himself was “fine with it,” suggesting that other crypto supporters should vote for him.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    R. Kiyosaki warns the dollar ‘is screwed up’ and ‘it’s going to get worse' <span class="self-center text-xs text-slate-500">1 hour ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    LTC demand surges as users pay 2x more with Litecoin than with Bitcoin <span class="self-center text-xs text-slate-500">15 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    BTC adoption alert: Argentina's largest electricity company to mine Bitcoin <span class="self-center text-xs text-slate-500">19 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Sell signal for two overbought <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies this week&nbsp; <span class="self-center text-xs text-slate-500">19 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“If you asked Biden, ‘Sir, are you for or against <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>?,’ [he’d say] ‘What’s that?’ (…) He has no idea, but look, [SEC chair Gary] Gensler is very much against it, the Democrats are very much against it, and I say this: a lot of people are very much for it, probably a lot of people in this group, and I’m fine with it, I want to make sure it’s good and solid and everything else, but I’m good with it.”</p>
 </blockquote>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">BREAKING: DONALD TRUMP IS FINE WITH CRYPTO pic.twitter.com/SCJDKdHQUB</p>— Frank (33.3%) (@frankdegods) May 9, 2024
   </blockquote>
  </div>
 </figure>
 <p class="paragraph">Furthermore, the influencer shared a video of him asking Trump how he was going to keep <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> businesses in America, to which the former President acknowledged that these businesses were leaving because of the regulatory “hostility toward <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>,” and promised to stop it and “let them be here.”</p>
 <h2 class="wp-block-heading" id="h-donating-in-crypto">Donating in crypto</h2>
 <p class="paragraph">On top of that, Trump reassured his supporters from the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> and NFT sphere of his dedication to enabling <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> contributions to his campaign, stressing that he would make sure it was possible for them to do this even if it wasn’t currently possible, stating that:</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“If you can’t, I’ll make sure you can. Can we donate to the Trump campaign using <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>? I believe the answer is yes.”</p>
 </blockquote>
 <p class="paragraph">As a reminder, Trump had gradually shifted his <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> stance, moving from believing that “Bitcoin (BTC) is a scam” to launching his own NFT collection called <em>Trump Digital Trading Cards</em> and, more recently, the <em>Mugshot Edition, </em>to&nbsp;a more friendly position regarding paying with Bitcoin and other <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> assets.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/donald-trump-says-he-s-fine-with-crypto-slams-biden-not-understanding-it-tbt87873.html">https://thebittimes.com/donald-trump-says-he-s-fine-with-crypto-slams-biden-not-understanding-it-tbt87873.html</a></p>

Donald Trump says he’s ‘fine with crypto,’ slams Biden not understanding it

Table of Contents

TheBitTimes

Other articles published on May 9, 2024

Bullish Signals in Bitcoin Derivatives Despite Risks

VanEck’s MarketVector Launches Meme Coin Index, Led by Dogecoin and Shiba Inu

'Not True, But Plausible': Ripple CTO Breaks Silence as to Whether He Is Satoshi

Four Notable Crypto Partnerships Spotlight CHZ Coin: A Rising Star in the Cryptocurrency Market

Breaking Barriers: Solana (SOL) Battles to Surpass $160 Mark – An In-depth Analysis of SOL’s Mark...

Cardano Price Records Bearish Signals! ADA Price To Retest $0.41?

Join our free newsletter for daily crypto updates!