🚀🚀Buckle up, Bitcoin enthusiasts! Former US President Donald Trump has made a surprising U-turn on his stance towards cryptocurrency, promising to protect the rights of the nation's 50 million crypto holders and oppose the establishment of a central bank digital currency (CBDC). 🇺🇸🎉
Speaking at the Libertarian National Convention, Trump pledged to ensure the future of crypto and Bitcoin thrives in the US, rather than being driven overseas. He also vowed to keep critics like Elizabeth Warren away from crypto assets. 🛡️💪
This marks a significant departure from his previous skepticism towards the asset class and represents a milestone for crypto companies. The Republican Party has grown more supportive of Bitcoin and other digital assets in recent years, while leading Democrats remain divided on the issue. 🐘💰
In a further twist, Trump promised to commute the life sentence of Silk Road founder Ross Ulbricht if re-elected president, a pledge met with cheers from the audience. 🎉🎉
Trump accused President Joe Biden of wanting the cryptocurrency industry to "die a slow and painful death," vowing that this would never happen under his leadership. So, it seems the crypto world has found an unexpected ally in Trump! 🚀🚀🎉