Donald Trump says he will "end Joe Biden's war on crypto, and ensure that the future of crypto and the future of #Bitcoin will be made in America."pic.twitter.com/UdQBzXJOGZZ
Donald Trump says "I will ensure that the future of crypto and #Bitcoin will be made in the USA"
"I will support the right to self custody to the nations 50 million crypto holders"pic.twitter.com/OSfUL91McJJ
Donald Trump says he is "very positive and open minded to cryptocurrency companies."
"Our country must be the leader in the field."pic.twitter.com/nXqJqWdgfLL
Former President Donald Trump says he'll stop the hostility towards crypto in the US and embrace it.
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Former President Donald Trump said today that he’ll ensure cryptocurrency can be used for his campaign donations.
“Well, it's taken [on] its own life,” Trump said in an interview on CNBC this morning when asked about his thoughts on crypto. “You know, I do little things sometimes for fun and, you know, make money with it and have fun with it, too.”
Trump went on to say he sometimes lets people pay him in bitcoin, adding that it’s “an additional form of currency.”
Former President Donald Trump has recently showcased a notable shift in his stance toward Bitcoin, diverging from his historically critical view of cryptocurrencies.
“Frankly, it’s taken a life of its own, you probably have to do some regulation, as you know,” Trump suggested, acknowledging the currency’s burgeoning momentum and its increasing incorporation into payment systems.
“Many people are embracing it. And more and more, I’m seeing people wanting to pay [with] Bitcoin,” he added, highlighting the digital currency’s growing acceptance.
Donald Trump says "As your president, I will never allow the creation of a Central Bank Digital Currency. Such a currency would give our federal government absolute control over your money."pic.twitter.com/lSE2AGYgOmm
This statement does not imply a pro-crypto stance, and certainly not "Very Pro-Crypto" stance. A stance on limiting the powers of the Fed to issue a digital currency does not imply a stance that is supportive of non-government digital assets. This stance does not directly harm crypto, but could have an indirect negative impact on segments of the US-based crypto industry that might have facilitated the storage and sending of a Fed backed digital currency. Therefore, this statement is largely neutral on crypto.
The former president and leading Republican candidate for next year’s election held $2.8 million in a cryptocurrency wallet as of early August, according to official documents governmental ethics watchdog Citizens for Responsibility and Ethics in Washington received Monday. He also earned $4.87 million in licensing fees from his non-fungible token collection, per the filing. Trump, despite being a crypto skeptic when he was president, last year debuted a non-fungible token (NFT) project called Trump Digital Collectible Cards sporting images of himself. He released a second series of collectibles this April. Both collections sold out.
Although Trump said he was "not a fan" of cryptocurrency in July 2019, he appeared enthusiastic to promote his new collection. "GET YOUR CARDS NOW! Only $99 each! Would make a great Christmas gift. Don’t Wait. They will be gone, I believe, very quickly!" he wrote in a post on his platform.
Selling digital collectibles does not, in and of itself, constitute any stance on how crypto will be regulated - for good or bad. Keeping your money in a savings account doesn't make one "Very Pro-Bank" and using a blockchain to sell items doesn't make a politician "Very Pro-Crypto." This is neutral.
