Donald Trump celebrates anniversary of Satoshi white paper

On bitcoin's 16th birthday, former US President Donald Trump reaffirmed his promise to end the government crackdown on cryptocurrencies.

trump x.com/realDonaldTrump/status/1852033244729860397″ target=”_blank”>message to bitcoin supporters In the United States, the anniversary of the bitcoin whitepaper, written by its creator Satoshi Nakamoto, included an attack on his political rival Kamala Harris.

The former president and current Republican candidate declared that he would end the “war on cryptocurrencies” and support bitcoin innovation in the US. He also reiterated his plan to pardon Silk Road founder Ross Ulbricht, who is serving a life sentence.

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Trump's rhetoric on bitcoin came days before the US general election on November 5. The Republican candidate has courted bitcoin and cryptocurrency supporters for months, promising to end government sales of bitcoin and oust Securities and Exchange Commission Chairman Gary Gensler.

On the other hand, Harris expressed his support for emerging technologies such as artificial intelligence and his commitment to protecting investors in digital assets.

Meanwhile, bitcoin adoption and price have continued to trend upward. Before the US election, its supporters suggested that bitcoin would succeed regardless of the victor. Sixteen years after the publication of Satoshi's whitepaper, bitcoin remains one of the best-performing assets of the last decade, up 192% so far this year, compared to the S&P's 36% gain. 500.

Corporate shareholders like Michael Saylor's MicroStrategy rushed to buy more bitcoin through capital raises. btc spot exchange-traded funds on Wall Street made history, as BlackRock's fund became the fastest-growing ETF and investors poured more than $72 billion into btc investment products.