2024

Cryptocurrency

Donald Trump

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/donald-trump-champions-cryptocurrency-in-2024-presidential-campaign/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Donald Trump Champions Cryptocurrency in 2024 Presidential Campaign</a><br></p>
<p style="text-align: justify">Donald Trump, campaigning for the 2024 presidential elections in the United States, is increasingly endorsing <a href="https://en.coin-turk.com/feds-pivotal-interest-rate-decision-whats-bank-of-americas-forecast/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrencies</a>. Recently, he responded to a question about the future of <a href="https://en.coin-turk.com/bitcoin-and-the-whales-a-tale-of-market-influence/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> by stating, “I believe cryptocurrency has a wonderful future,” and suggested that the national debt of $35 trillion could potentially be paid off with it.</p>
<h2 id="first-u-s-president-to-conduct-bitcoin-transactions">First U.S. President to Conduct Bitcoin Transactions</h2>
<p style="text-align: justify">Months ago, Trump began making positive remarks about Bitcoin . Recently, he made history as the first U.S. president to buy a cheeseburger using Bitcoin at a Bitcoin-friendly bar in New York.</p>
<p style="text-align: justify">At a recent event, Trump reiterated that cryptocurrency has a “wonderful future.” He implied that Bitcoin and cryptocurrencies could help address the nation’s $35 trillion debt, a sentiment he echoed at the 2024 Bitcoin event, as reflected in Lummis’s proposal. Trump has undergone a significant shift, transforming from a former cryptocurrency skeptic into a more supportive figure, even garnering the attention of Bitcoin maximalists.</p>
<h2 id="pledging-to-make-the-u-s-a-cryptocurrency-hub">Pledging to Make the U.S. a Cryptocurrency Hub</h2>
<p style="text-align: justify">To attract the growing cryptocurrency voter base, Donald Trump has continued his previous positive statements regarding Bitcoin and cryptocurrencies. He pledged to make the United States the “<a href="https://en.coin-turk.com/how-did-blackrocks-buidl-fund-excel/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto</a> capital of the world” if re-elected.</p>
<p style="text-align: justify">In contrast, his opponent Kamala Harris made her first commitment regarding cryptocurrency at a fundraising event in New York. She expressed that her administration would protect consumers and investors while promoting innovative technologies like artificial intelligence and digital assets.</p>
<p style="text-align: justify">Although Harris did not explicitly mention Bitcoin or cryptocurrencies, her recent comments indicate a positive stance toward crypto-friendly voters. This move contradicts her earlier silence on the topic, aligning poorly with her prior characterization of the sector as fraudulent.</p>
<p style="text-align: justify">With both candidates now openly discussing policies related to Bitcoin and cryptocurrencies, it appears that cryptocurrencies have entered the political mainstream. This rise of crypto in U.S. politics signals that cryptocurrencies and blockchain technology may play a significant role in upcoming elections. While both Trump and Harris express favorable views on crypto, the tangible benefits of these policies will be revealed over time.</p>
<p>The post <a href="https://en.coin-turk.com/donald-trump-champions-cryptocurrency-in-2024-presidential-campaign/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Donald Trump Champions Cryptocurrency in 2024 Presidential Campaign</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Donald Trump Champions Cryptocurrency in 2024 Presidential Campaign

Table of Contents

COINTURK NEWS

Other articles published on Sep 24, 2024

Searching for a Telegram Trading Bot? Maestro Might Be the Perfect Solution

New Solana Memecoin Rekt Bears Will Skyrocket 16,000% Ahead of Exchange Listing, While DOGE and S...

Konsep Dasar Wrapped Bitcoin Token, dari WBTC Hingga cbBTC Besutan Coinbase

ETH, BTC Prices Unfazed by the Massive Outflows From Grayscale’s Ethereum, Bitcoin ETFs

The Next Bitcoin, This Token Is Set to Explode!

SBF and Sean ‘Diddy’ Combs are sharing a jail unit: report

Join our free newsletter for daily crypto updates!