Well, this is another lurch because not long ago he was saying he wanted to use Bitcoin to pay off debt, and we have a thread talking about it on the forum. It looks like he is someone who until recently didn't know about Bitcoin much, nor did he care, but has been forced by electoral interest and is slowly learning things. But better that than having a Bitcoin hater as a candidate for US president and ahead in the polls.
I wonder if he could become the first to print currency to buy Bitcoin as Saylor says.
Topic: Trump Said The US Government Shouldn't Sell Its Crypto - page 2. (Read 236 times)
If you read between the lines, his stance was more about a first-movers advantage as compared to the other countries. He simply wants to hoard it first, before the other countries such that we've got a higher accumulation of crypto as compared to the others.
While this is definitely a softer stance as opposed to his previous perception of Bitcoin, he doesn't outright acknowledge the benefits of Bitcoin. I would very much prefer if his stand would be backed by the mention of the specific benefits of Bitcoin as compared to traditional fiat. Backing it by the fact that Bitcoin is a new form of currency, and that US has to be first seems to be superficial in nature.
While this is definitely a softer stance as opposed to his previous perception of Bitcoin, he doesn't outright acknowledge the benefits of Bitcoin. I would very much prefer if his stand would be backed by the mention of the specific benefits of Bitcoin as compared to traditional fiat. Backing it by the fact that Bitcoin is a new form of currency, and that US has to be first seems to be superficial in nature.
This is something I have been thinking for a very long time. United States pushing Bitcoin away is a difficult thing to do now because there is so much Money involved that it may actually start to hurt if ignored or pushed back.
Because they did not take any severe action against it back when it was pretty new and nobody knew about it, it may be too late to try and kill it. Any country pushing back on Bitcoin is a new opportunity for other countries to make more Money, attract tourists and investors too. Bold and smart move if you ask me.
Because they did not take any severe action against it back when it was pretty new and nobody knew about it, it may be too late to try and kill it. Any country pushing back on Bitcoin is a new opportunity for other countries to make more Money, attract tourists and investors too. Bold and smart move if you ask me.
Donald Trump said in a recent interview with Adin Ross Live said that US government should not sell its crypto holdings. He described cryptocurrency a very modern currency comparable to artificial intelligence. He said if the the United States does not actively participate, other countries will dominate.
https://www.theblock.co/post/309588/donald-trump-says-the-us-government-shouldnt-sell-its-cryptocurrency?utm_source=rss&utm_medium=rss
https://www.theblock.co/post/309588/donald-trump-says-the-us-government-shouldnt-sell-its-cryptocurrency?utm_source=rss&utm_medium=rss
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