LATEST: Donald Trump Says U.S. Government Should Embrace Bitcoin Instead Of Selling It

During a recent interview, Republican presidential nominee Donald Trump reiterated his support for cryptocurrency. Trump criticized the U.S. government’s recent sale of $2 billion worth of bitcoin, arguing that the U.S. should be building its crypto assets instead. He emphasized the importance of staying competitive, noting that other countries, particularly China, are advancing in the crypto space. Trump likened cryptocurrency to artificial intelligence, underscoring its significance in the technological landscape.

The former president has shifted his stance on cryptocurrency, now advocating for the U.S. to become a “Bitcoin mining superpower.” Trump’s appearance at Bitcoin 2024 in Tennessee last month bolstered his re-election campaign, reportedly raising $21 million. As the government continues to hold about $11.1 billion worth of crypto, the market remains influenced by political developments. Trump’s pro-crypto position and his comments during the interview reflect a broader acceptance and strategic consideration of digital currencies in the U.S. economic framework.

Interview

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