2024-07-30 02:57:13
After that it was Former US President Donald Trump considered “cryptocurrencies” to be a “scam.” Today, with his candidacy for the elections, he has radically changed his position, and confirmed that he “wants the United States of America to lead the world in the cryptocurrency industry.”
“I am laying out my plan to make sure that the United States will be the crypto capital of the planet and the superhero of Bitcoin,” Trump said at the Bitcoin 2024 conference in Nashville.
Trump added, “I want to keep 100 percent of all Bitcoin currently owned by the United States and keep it as a strategic national reserve.”
“I am announcing that if elected, I am choosing as a policy for my administration of the United States of America to retain 100 percent of the total bitcoin that the United States government currently owns or will acquire in the future, we will retain 100 percent, I hope you do well,” he said, adding, “This will in effect serve as the core of the Strategic National Stockpile of Bitcoin.”
It is noteworthy that “Donald Trump” when he was President of the United States in July 2019, said that he was “not a fan” of Bitcoin and other cryptocurrencies, noting that “the tokens are not money and that their value is “based on air,” and warned that “unregulated crypto assets could help facilitate the drug trade, among other illegal activities.”
“Bitcoin looks like it’s a scam, I don’t like it because it’s another currency competing with the dollar,” the Republican candidate told Fox in a phone interview in 2021. “I want the dollar to be the world’s currency, that’s what I’ve always said.”
Five years, a presidential loss and millions of dollars in crypto lobbying dollars later, the Republican presidential candidate is now headlining the biggest bitcoin conference of the year in Nashville. Trump’s shift on bitcoin comes as the GOP has pledged to clean up the bureaucracy in the Biden-Harris administration and work to turn crypto regulation into a voting issue in the November election.
Last update: July 28, 2024 – 14:35
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2024-07-30 02:57:13