Republican presidential candidate Donald Trump positioned himself as the cryptocurrency candidate yesterday (local time) at the Bitcoin Conference in Nashville, Tennessee.
“If we don’t embrace crypto and bitcoin technology, China and other countries. They will dominate, and we can’t allow China to dominate.” Trump said. “You’re already too far ahead.” will create
largely removed from state control
To do this, he wants to use cryptocurrencies that the US government currently owns and most of which have been confiscated during law enforcement operations. “Never sell your bitcoin,” Trump said. “If elected, it will be my government’s policy to retain 100 percent of all bitcoin that the U.S. government currently owns or will purchase in the future.” Mining by US companies.
Many governments around the world, including the United States, have expressed serious concerns that privately operated, highly volatile digital currencies could undermine government control of the financial and monetary system, encourage financial crime, and harm investors. In 2021, Trump called Bitcoin a “fraud.”
