Thursday, July 24, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Bitcoin

Trump can now ‘live with’ Bitcoin after once calling it a ‘scam’

n70products by n70products
February 24, 2024
in Bitcoin
0
Trump can now ‘live with’ Bitcoin after once calling it a ‘scam’
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Avatar

Journalist

Posted: February 23, 2024

Former United States president, Donald Trump appears to should have shifted his views on Bitcoin, contrasting his earlier skepticism of the crypto market.  

Throughout a YouTube stream of “The Ingraham Angle” on Fox Information, host Laura Ingraham questioned Trump about his perspective on Bitcoin. She was additionally intrigued to know his stance on the decentralized nature and broad attraction throughout completely different demographics.

Whereas acknowledging Bitcoin’s rising reputation, Trump maintained a desire for conventional forex, stating,

“Lots of people are doing it. I at all times just like the one forex. I just like the greenback.”

Trump’s inclination towards fiat stays unfaded

Moreover, acknowledging the rising momentum of Bitcoin, Trump additionally acknowledged the necessity for the potential necessity for regulatory oversight as a consequence of its mushrooming adoption.

He acknowledged, 

“Frankly it has taken a lifetime of its personal. You in all probability should do some laws.” 

He additionally analyzed an elevated variety of folks inclining in the direction of bitcoin, as a mode of cost.

“Many individuals are embracing it and increasingly more I’m seeing folks eager to pay in Bitcoin.” 

Regardless of witnessing growing reputation amongst people, he maintained his longstanding place on digital property and emphasised. 

“I can stay with it by hook or by crook. I’ve at all times preferred one actually highly effective factor and that’s known as the greenback.” 

Trump’s criticism of CBDCs 

In January 2024, Trump strongly opposed the thought of the U.S. creating its personal central financial institution digital forex (CBDC), citing considerations in regards to the potential dangers to particular person liberties. 

He highlighted the opportunity of the federal government gaining intensive management over monetary issues, together with the flexibility to grab funds and monitor transactions with out consent.

This was highlighted by Vivek Ramaswamy, the ex-presidential candidate in his recent post on X (earlier Twitter),

“Tonight, I’m additionally making one other promise to guard People from authorities tyranny. As your president, I’ll by no means permit the creation of a Central Financial institution Digital Forex.”

A publicity stunt forward of elections?

In 2019, Trump vocally opposed Bitcoin and different cryptocurrencies, asserting they lacked intrinsic worth and have been merely “based mostly on skinny air.” 

His stance remained constant in 2021, when he reiterated considerations over the dangers related to cryptocurrencies, labeling their utilization as “very harmful,” and he additionally likened Bitcoin to a “rip-off.” 

Thus, his sudden change of thoughts earlier than the US election may curiosity folks within the crypto neighborhood.

Earlier: Shining the life with love: Unveiling the charitable tale behind CoinEx Charity
Subsequent: Ethereum could face a sell-off if it hits THIS price range





Source link

Tags: BitcoincallingLiveScamTrump
Previous Post

Ethereum exchange supply drops – Are buyers now aggressive?

Next Post

IBM Cloud delivers enterprise sovereign cloud capabilities

Next Post
IBM Cloud delivers enterprise sovereign cloud capabilities

IBM Cloud delivers enterprise sovereign cloud capabilities

Leave a Reply Cancel reply

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

Premium Content

Skyrocketing Number of Crypto Projects Can Be Attributed to Launch of Pump.fun, According to CoinGecko

Skyrocketing Number of Crypto Projects Can Be Attributed to Launch of Pump.fun, According to CoinGecko

May 4, 2025
Ethereum rises 7%: Can whales push ETH’s price to $4K now?

Ethereum rises 7%: Can whales push ETH’s price to $4K now?

April 13, 2024
XRP Price Nears Key Support—A Breakdown Could Be Devastating

XRP Price Weakens—Further Losses on The Table?

April 18, 2025
Major Security Concern Flagged on XRP Ledger (XRPL)

Major Security Concern Flagged on XRP Ledger (XRPL)

April 22, 2025
ETH Recovers From Drop, Analyst Points At 2021 Rally

ETH Recovers From Drop, Analyst Points At 2021 Rally

January 20, 2025
Littlefield celebrates tenth birthday – Hypergrid Business

Littlefield celebrates tenth birthday – Hypergrid Business

January 3, 2024

Recent Posts

  • Crypto ATMs were just banned in New Zealand: Here’s why it matters
  • I’ve tested dozens of tablets and this is the first Android model to truly replace my iPad Pro
  • XRP Price Trims Gains After Rally – Is This Just a Healthy Correction?

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Crypto ATMs were just banned in New Zealand: Here’s why it matters

Crypto ATMs were just banned in New Zealand: Here’s why it matters

July 24, 2025
I’ve tested dozens of tablets and this is the first Android model to truly replace my iPad Pro

I’ve tested dozens of tablets and this is the first Android model to truly replace my iPad Pro

July 24, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
💵 Turn Every Dollar Into Crypto Rewards! Wirex lets you spend dollars or bitcoin — and get up to 8% back in crypto instantly. 💸 Exclusive offers dropping soon — stay tuned!
“Offers Launching Soon”
This is default text for notification bar
Learn more
Go to mobile version