Biden

Joe Biden

Donald Trump

Elon Musk

<div class="protos">
 Politicians will promise a lot to get votes. Despite candidates for the <a rel="noopener noreferrer nofollow" title="US" href="https://thebittimes.com/tag/us.html">US</a> presidency spending most of their time talking about broad public interests like healthcare, employment, inflation, and national security, they’ll occasionally make a narrow pledge about a specific sector.
 Earlier this month, Trump appeared to completely change his mind about bitcoin. Despite branding it a scam five years ago, Trump now realizes that there might be, in his own estimation, “50 million crypto holders” who could cast a vote for him.
 Whether or not that number is true, he needs more votes on November 5. So Trump made crypto a priority this month.
 <figure class="wp-block-embed is-type-wp-embed is-provider-protos wp-block-embed-protos">
 <div class="wp-block-embed__wrapper">
 <blockquote class="wp-embedded-content" data-secret="Fq9M0OlTEU">
 Donald Trump is now ‘good with’ Bitcoin, wants its future ‘made in the USA’
 </blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" style="position: absolute; clip: rect(1px, 1px, 1px, 1px);" title="“Donald Trump is now ‘good with’ Bitcoin, wants its future ‘made in the USA’” — Protos" src="https://protos.com/donald-trump-is-now-good-with-bitcoin-wants-its-future-made-in-the-usa/embed/#?secret=5IYZC5A84o#?secret=Fq9M0OlTEU" data-secret="Fq9M0OlTEU" width="500" height="282" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe>
 </div>
 </figure>
 Read more: Trump considers Elon Musk for crypto post despite ‘never talking crypto’
 <h2 class="wp-block-heading" id="h-joe-biden-watches-donald-trump-pivot-on-crypto">Joe Biden watches Donald Trump pivot on crypto</h2>
 Rather than once again lamenting how <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> “can facilitate unlawful behavior, including drug trade and other illegal activity,” this month, <a rel="noopener noreferrer nofollow" title="Trump" href="https://thebittimes.com/tag/trump.html">Trump</a> promised to end <a rel="noopener noreferrer nofollow" title="Biden" href="https://thebittimes.com/tag/biden.html">Biden</a>’s ‘cr<a rel="noopener noreferrer nofollow" title="US" href="https://thebittimes.com/tag/us.html">US</a>ade’ against the class. Specifically, he vowed to protect the right to self-c<a rel="noopener noreferrer nofollow" title="US" href="https://thebittimes.com/tag/us.html">US</a>tody and keep Congressional ‘goons’ away from bitcoin.
 His political maneuver worked. The media broadcast his promises in hundreds of articles, earning tens of millions of impressions across social media reposts. Suddenly, the nation viewed Trump as a pro-crypto candidate.
 Biden immediately realized he needed to respond. Like Trump, the current president has an irrefutably anti-crypto past. Indeed, he once swore, “I don’t have bitcoin.” For four years, he has refused to accept crypto donations during his presidential campaigns.
 <h2 class="wp-block-heading" id="h-biden-reworks-his-crypto-messaging">Biden reworks his crypto messaging</h2>
 Two weeks ago, however, workers at Biden’s reelection campaign began a crypto outreach initiative in earnest. They began tweaking Biden’s statements on pending crypto legislation issues like FIT21 and SAB 121 and sure enough, the media began reporting on his new crypto engagement efforts.
 Main stage speakers at the largest crypto conference of the year discussed Biden’s crypto policy pivot. Observers called the change an ‘about-face.’
 Although Biden hasn’t announced any specific change in stance regarding any particular crypto bill — and his reelection campaign still doesn’t accept crypto donations — his staff is clearly working on improving his messaging. With Trump’s total pivot from ‘seems like a scam’ to ‘I’m good with it,’ Biden also seems poised to announce a statement on crypto policy that will earn him swing votes from the pro-crypto community.&nbsp;
 Less than six months remain until the nation will cast its vote for the next US president. With Biden clearly identifying crypto as an important policy area to attract swing votes, millions of single-issue and swing voters will be considering his crypto rhetoric as part of their voting decisions.
 Got a tip? Send us an email or ProtonMail. For more informed news, follow us on X, Instagram, Bluesky, and Google News, or subscribe to our YouTube channel.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/joe-biden-is-suddenly-pro-crypto-after-trump-embraces-it-tbt90772.html">https://thebittimes.com/joe-biden-is-suddenly-pro-crypto-after-trump-embraces-it-tbt90772.html</a>

Joe Biden is suddenly pro-crypto after Trump embraces it

Inhaltsverzeichnis

TheBitTimes

Weitere Artikel, die am 31. Mai 2024 veröffentlicht wurden

TokenUnlocks Report Reveals Substantial Cryptocurrency Unlocks in June!

This Is the Direction BONK Price Could Take Following 20% Decline

DOJ Seizes $130M from Botnet Mastermind Yunhe Wang

This Low-Cap Ethereum-Based Altcoin Is Primed To Explode 150% Over the Coming Months, Says Michaë...

3 Bullish Altcoins Predicted to Outshine Bitcoin (BTC) in June

Bitcoin Spot ETFs See $48M Inflow As Ethereum Spot ETF Trading Draws Nearer

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!