Donald Trump changes his anti-Bitcoin stance

Former United States President Donald Trump appears to have changed his negative stance on Bitcoin.

The leading Republican candidate is famed for been critical of cryptocurrencies in the past. In January, Trump said he will “never allow” central bank digital currency issuance in the U.S. if elected.

But in a recent town hall on Fox News, alongside South Carolina Senator Tim Scott, Trump was asked by host Laura In Graham if the next logical step was for him to embrace Bitcoin.

Expectedly, Bitcoiners have attributed Trumps’ remarks to pro-Bitcoin Vivek Ramaswamy, a former Republican candidate who backed Trump after dropping out of the U.S. Presidential race in January and contender for Trump’s Vice President pick.

As President in 2019, Trump also blasted Bitcoin and cryptocurrencies. “I’m not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air,” Trump said.

Leave a Reply

Your email address will not be published. Required fields are marked *