US Presidential Election If re-elected， Trump says he will “make America a Bitcoin superpower” – something he previously criticised – but now praises cryptocurrencies as “a great achievement for mankind．”
NASHVILLE, Tennessee (Reuters) – Former U.S. President Donald Trump said on Tuesday that the cryptocurrency industry must be dominated by the United States or it will fall into China’s hands. He also expressed his intention to establish a national stockpile of Bitcoin, the leading virtual currency. The remarks were made at Bitcoin 2024, a Bitcoin industry event held in Nashville, Tennessee. Trump has previously expressed a negative view of cryptocurrencies, calling them a “scam.” Trump has stated that he is a supporter of cryptocurrencies, that he would put the US at the forefront of the crypto industry and introduce more industry-friendly regulations than Democratic presidential candidate Vice President Harris. “If we don’t embrace cryptocurrencies and Bitcoin technology, China and other countries will dominate the industry. We cannot let China dominate us. In fact, they have already made considerable progress.” He also announced plans to create a Presidential Advisory Committee on Cryptocurrency and to create a national stockpile of bitcoin by using bitcoins currently held by the U.S. government after they were seized. “Don’t sell your Bitcoin. “If I am elected president, the next administration will retain 100% of all Bitcoin currently held or acquired by the United States.” He also showed a positive attitude toward the expansion of virtual currency mining by U.S. companies. On July 27, former US President Trump spoke at a Bitcoin event, saying that if he were to return to the presidency, he would “make America a Bitcoin superpower.” In his speech, Trump praised cryptocurrencies as a “great achievement for mankind,” but expressed concern that if the United States does not take the lead in cryptocurrencies, “China and other countries will dominate.” He then stated that if he were to return to the presidency, he would “make America a Bitcoin superpower,” and criticized the Biden administration’s efforts. “Bitcoin is not threatening the dollar, it is the current behavior of the U.S. government that is threatening the dollar,” he said. As specific measures, Trump has proposed firing Securities and Exchange Commission Chairman Gensler and creating a presidential advisory council, as well as having the U.S. government hold Bitcoin as a reserve asset. Trump had previously criticized cryptocurrencies, but in May he changed his stance and began accepting donations in cryptocurrencies. Released on Sunday, July 28th at 12:22pm.
Trump: Don’t sell your Bitcoin. If I’m elected president, the next administration will keep 100% of all Bitcoin the United States currently owns or acquires in the future.” Yo: Yes. “
Early in the morning, at the station named after the capital, there was an old man making a fuss while holding a wad of yuan bills. It’s probably a ◯ bill.
This is completely different from the original idea behind the creation of virtual currencies, right? It’s now completely backed by trust and is now a counter currency, right?
Are you stupid? Global warming is progressing, so don’t promote useless things that require a lot of calculations. He doesn’t have much time left, so he can do whatever he wants.
Although Trump had previously criticized cryptocurrencies, he changed his stance in May and began accepting donations in cryptocurrencies. I see, so they changed their policy to accept donations starting this May.
Every country is printing fiat currency and it’s at a low of 1. America is a country of immigrants and they don’t trust the government or the yen like Japan does, so Bitcoin and Americans get along well.
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