Donald Trump has more and more embraced Bitcoin and crypto throughout his 2024 presidential marketing campaign. Not too long ago, when requested about the way forward for crypto, Trump responded that he thinks “crypto has received an awesome future” and floated utilizing it to repay the $35 trillion U.S. nationwide debt.
BREAKING: 🇺🇸 Donald Trump says, “I believe crypto has received an awesome future. Possibly we’ll repay the $35 trillion” with it. pic.twitter.com/R5k4FU3Nah
— Bitcoin Journal (@BitcoinMagazine) September 23, 2024
Trump has now usually spoken positively about Bitcoin. Not too long ago, he grew to become the primary 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 latest occasion that crypto has “received an awesome future” and teased the potential of utilizing Bitcoin and crypto to repay the nation’s $35 trillion debt obligations.
This aligns with Trump’s earlier constructive 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 revolutionary applied sciences like A.I. and digital property, whereas defending our customers and traders.”
Whereas Harris didn’t explicitly point out Bitcoin or crypto, the remark alerts a constructive stance as she vies for crypto-friendly voters. It contrasts along with her earlier silence on the problem.
With each main presidential candidates now overtly discussing Bitcoin and crypto-related insurance policies, it appears Bitcoin and crypto are coming into the political mainstream.