The former president of the United States and potential candidate in the next elections, Donald Trump, surprised by reevaluating his position in relation to Bitcoin, stating that it can coexist peacefully with cryptocurrency.
During an interview with Fox News, the billionaire acknowledged the growing attention surrounding BTC, highlighting its independent development. He expressed the need for clearer regulation of digital currency, acknowledging notable incidents such as people's increased interest in using Bitcoin for commercial transactions.
“You will probably have to do some regulation, as you know. But a lot of people are adopting it and more and more I see people wanting to pay “bitcoin” and you are seeing something that is interesting. So I can live with it one way or another. I’ve always liked something really powerful, called the dollar,” he said.
Despite Bitcoin's growing adoption and utility, Trump has reiterated his preference for one currency: the United States dollar (USD). This current stance marks a significant shift from the former president's previous views on cryptocurrencies in general. Previously, he had criticized crypto assets, labeling Bitcoin a fraud and blaming it for allegedly weakening the dollar. #Ethereum(ETH) #BTC🔥🔥
In 2022, Trump began to soften his approach, launching his non-fungible token (NFT) collection, which sold out within 24 hours, generating nearly a million dollars. This move contrasts with his previous stance, where he strongly urged authorities to strictly regulate cryptocurrencies, arguing that this would strengthen the dollar and encourage investment in the US currency.#news #bullrun #bullish
However, even in the face of the change in perspective regarding Bitcoin, Trump continues to defend the non-creation of a central bank digital currency in the US, if he is elected president, arguing that this would represent a threat to freedom. This statement shows how the former president's views continue to evolve in the cryptocurrency landscape.
Comment below what you think about Trump and his new insights into Bitcoin.
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