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Home ยป Trump praises Bitcoin for “forging its own path”: I love the dollar but can embrace BTC!
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Trump praises Bitcoin for “forging its own path”: I love the dollar but can embrace BTC!

Feb. 24, 20243 Mins Read
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Trump praises Bitcoin for "forging its own path": I love the dollar but can embrace BTC!
Trump praises Bitcoin for "forging its own path": I love the dollar but can embrace BTC!
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Former US President Trump has stated that Bitcoin has “found its own way,” but also needs some regulation. He mentioned that he could accept BTC in some way, but his preferred currency remains the US dollar.

(Previous Summary:
Trump emphasized during his campaign that “CBDC will never be issued”: The government will steal your money!
)

(Background Supplement:
Trump enters the world of Bitcoin Ordinals NFT! Priced at 9,900 euros, limited to 200 worldwide.
)

Table of Contents
Trump: I can accept Bitcoin in some way.
Trump: Absolutely no CBDC issuance allowed.
Trump’s meme coin TRUMP is worth $2.11 million.
The upcoming US presidential election in November has attracted global attention, and former US President and Republican frontrunner, Donald Trump, has seen an increasing possibility of representing the Republican Party in the 2024 presidential election after winning the party’s primary in Iowa.

Trump: I can accept Bitcoin in some way.
We know that as early as 2019, when Trump took office as president, he stated on the social media platform X (formerly Twitter):
However, with multiple Bitcoin spot ETFs gaining approval from the US SEC to be listed in January this year, cryptocurrency voters have become an important battleground in the presidential election, and Trump’s attitude towards Bitcoin seems to have undergone some changes.
When asked by Fox News anchor Laura Ingraham this Tuesday (20) about “whether the logical next step for the US is to embrace Bitcoin,” he stated:

Trump: Absolutely no CBDC issuance allowed.
Just last month, during a campaign speech in Portsmouth, New Hampshire, Trump emphasized that if he were to become the US president, he would ban the creation of central bank digital currencies (CBDC) to prevent persecution of the American people.
Furthermore, Trump emphasized the implementation of strict protection measures to ensure that citizens’ bank accounts are not treated unfairly by banks or regulatory institutions based on their political stance. Under his leadership, the safety of citizens’ properties will be fully guaranteed.

Trump’s meme coin TRUMP is worth $2.11 million.
According to cryptocurrency intelligence company Arkham’s monitoring on the evening of the 23rd, the token value of the meme coin (Memecoin) TRUMP, which was gifted to Trump by the TRUMP issuing team, has now reached $2.11 million, with a 300-fold increase.

Related Report
Coinbase invites Trump and Biden to discuss crypto policies on the same stage, establishes blockchain advocacy group Stand With Crypto.
Trump releases NFT again! Super empowering: Dinner in a suit and a mansion when imprisoned… priced at $99.
Bitcoin becomes a “anti-Biden consensus” for both US parties. Trump’s strong rival Ron DeSantis runs for president, declaring protection of cryptocurrencies.

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