Trump Calls Bitcoin Experience 'Eye Opening': 'It's Not Going Away'

Former U.S. President Donald Trump has go a vocal protagonist of Bitcoin, a stark reversal from his erstwhile scepticism of Bitcoin and crypto.

In a caller interrogation with Bloomberg Businessweek, Trump asserted that Bitcoin is "not going away" and wants the U.S. to pb successful Bitcoin and crypto innovation earlier China oregon immoderate different country.

NEW 🇺🇸 President Donald Trump says the US indispensable clasp #Bitcoin and crypto to vie connected satellite stage.

“China is into it. It’s not going away.” 🔥 pic.twitter.com/nnlmpavJC5

This clasp of Bitcoin represents a large displacement for Trump. His turnaround comes aft delving into crypto and accepting Bitcoin lightning donations during his 2024 campaign.

"My acquisition with it has been amazing," Trump said astir his Bitcoin and crypto experience. "I've seen however it works. It's been truly eye-opening."

Trump cited China's advances successful Bitcoin and crypto arsenic a cardinal crushed the U.S. indispensable unafraid a starring position. "China is precise overmuch into it. If we don't bash it, China is going to prime it up. I don't privation to beryllium liable for allowing different state to instrumentality implicit this sphere," helium said.

The erstwhile president wants to spot Bitcoin mining thrive successful America, saying "We privation each the remaining Bitcoin to beryllium mined successful the USA." He besides opposes a integer dollar, arguing it would "take distant the value of the dollar."

With Bitcoin protagonist J.D. Vance present his moving mate, Trump seems intent connected making Bitcoin and crypto a signature issue. He is scheduled to springiness a keynote code astatine the upcoming Bitcoin 2024 league successful Nashville adjacent week. 

Trump's clasp of Bitcoin indicates however acold Bitcoin has travel successful gaining mainstream acceptance. And with his likelihood of retaking the presidency rising, Trump whitethorn soon beryllium successful a presumption to instrumentality large pro-bitcoin policies.