Donald Trump has more and more embraced Bitcoin and crypto throughout his 2024 presidential marketing campaign. Lately, when requested about the way forward for crypto, Trump responded that he thinks “crypto has acquired an excellent future” and floated utilizing it to repay the $35 trillion U.S. nationwide debt.
BREAKING: 🇺🇸 Donald Trump says, “I believe crypto has acquired an excellent future. Possibly we’ll repay the $35 trillion” with it. pic.twitter.com/R5k4FU3Nah
— Bitcoin Journal (@BitcoinMagazine) September 23, 2024
Trump has now typically spoken positively about Bitcoin. Lately, he became the first U.S. president to make a Bitcoin transaction when he purchased cheeseburgers utilizing the Bitcoin at New York’s Bitcoin-friendly PubKey bar.
The previous president stated at a current occasion that crypto has “acquired an excellent future” and teased the opportunity of utilizing Bitcoin and crypto to repay the nation’s $35 trillion debt obligations.
This aligns with Trump’s earlier optimistic statements about Bitcoin and crypto, as he courts the rising Bitcoin and crypto voter bloc. He has promised to make the U.S. the “crypto capital of the world” if elected once more.
In the meantime, his opponent Kamala Harris made her first crypto-related pledge at a New York fundraiser. She said her administration would “encourage modern applied sciences like A.I. and digital property, whereas defending our customers and buyers.”
Whereas Harris didn’t explicitly point out Bitcoin or crypto, the remark alerts a optimistic stance as she vies for crypto-friendly voters. It contrasts together with her earlier silence on the problem.
With each main presidential candidates now brazenly discussing Bitcoin and crypto-related insurance policies, it appears Bitcoin and crypto are coming into the political mainstream.
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