๐ฅ๐ฅTrump's new approach to Bitcoin: "I can live with it one way or another"
#US Presidential candidate Donald Trump has moved from a previously dismissive attitude towards Bitcoin to a more subtle one, saying in an interview with Fox News on Wednesday that more people want to pay with Bitcoin and that he himself can live with it. His words were widely shared among X users.Dec.
"As you know, you probably need to make some regulations, but a lot of people are embracing it," Trump said. "I see that people want to pay in Bitcoin, and you see something interesting. So I can live with it." One way or another."
Trump acknowledged the growing popularity of Bitcoin and its use as a currency, noting that "a lot of people do it" and that it "takes a life of its own."
But Trump's softer stance doesn't necessarily mean he's embracing Bitcoin. He made it clear that his preference was in favor of the dollar.
#donaldtrump reiterated his advocacy for the currency, saying, "I like the dollar. I've always liked something really powerful, and it's called a dollar."
Trump's relationship with Bitcoin is characterized by longstanding skepticism. in a post on X in 2019, he stated that he was not a fan of Bitcoin and other cryptocurrencies. He also said in an interview with Fox in 2021 that Bitcoin looked like a fraud and expressed concerns about its competition with the dollar.
Despite Trump's skepticism towards crypto, he is actively interested in NFT initiatives. Last month, following the success of the previous two collections, which generated significant revenue, Bitcoin announced a new NFT collection on Ordinals.
With Trump's recent statements, there has been speculation that his stance against Bitcoin and crypto may change. Trump recently expressed his opposition to the development of central bank digital currencies (CBDCs), promising that if elected, he would not allow the Fed to issue digital dollars.
