The Republican presidential candidate and former president of the United States, Donald Trump, has x.com/BitcoinMagazine/status/1794537413907214356″ target=”_blank” rel=”noopener nofollow”>declared his support for cryptocurrencies, advocating for their future in the United States, as the presidential election approaches. With this statement, Trump's views on digital assets have clearly changed because he now recognizes their ability to stimulate economic growth and innovation.
The United States should not accept second place in the cryptocurrency industry
Former president of the United States donald trump revealed his unwavering support for cryptocurrencies during a campaign against current President Joe Biden in Washington DC. He also revealed his plans for the industry should he be elected the next president of the United States.
“I will ensure that the future of cryptocurrencies and the future of bitcoin are made in the US, not abroad,” he said. This statement simply demonstrates that Trump intends to position the United States as a leader in the global digital economy and emphasizes the importance of progressive regulations.
Trump also stated that he would support the right to self-custody of the more than 50 million digital currency holders in the United States. The former president has promised to create a safer landscape by keeping them from digital assets, like the US senator. Elizabeth Warren, far from it. Furthermore, he affirmed his stance against the creation of a central bank digital currency.
It is worth noting that Trump has consistently shown his support for digital assets lately. Last week, the former president announced that he would be accept political donations for your campaign in the form of cryptocurrencies via Coinbase Commerce.
The website said:
“Demonstrating President Trump's success as a champion of American freedom and innovation, we are proud to offer him the opportunity to contribute to the campaign with cryptocurrency.”
According to its website, the campaign will accept currencies such as bitcoin (btc), the largest digital asset, ethereum (eth), Solana (SOL), Dogecoin (DOGE), and Shiba Inu (SHIB).
Specifically, the campaign has established a fundraising page where donors who meet federal requirements can contribute with any of the aforementioned assets that Coinbase Commerce accepts.
With this move, the presumptive Republican presidential candidate in this year's upcoming election is now the first major party candidate to accept digital currencies.
Trump criticizes Joe Biden's understanding of assets
This move by Trump comes a few weeks after he declared himself a crypto candidate for the upcoming election at a Mar-a-lago gala celebrating Trump's Mugshot edition. nft Collection. At the event, Trump highlighted the value of cryptocurrency supporters' votes and asked them to support his candidacy.
So he x.com/WatcherGuru/status/1788373884418294072″ target=”_blank” rel=”noopener nofollow”>criticized The current president of the United States, Joe Biden, claims that he does not understand these digital assets, presenting himself as a rival in favor of innovation before the elections scheduled for November 4, 2024.
Therefore, he has urged cryptocurrency enthusiasts to vote for him to drive innovations and make the United States a leader in the industry. “If you like cryptocurrencies in any form, you better vote for Trump,” he said.
Featured image from Shutterstock, chart from Tradingview.com
