With less than a week until Election Day in the United States and many people voting early, Republican presidential candidate Donald Trump took to his social media platform to remind voters of his campaign promises on crypto.
In Oct. 31 Truth Social and X posts, Trump called on his roughly eight million followers to vote for him in the 2024 election, claiming he would have all Bitcoin (BTC) “made in the USA” if elected.
The message included a “Happy 16th Anniversary” for the BTC white paper and claims to end US Vice President Kamala Harris’ “war on crypto” — despite the Democratic candidate pledging to support the industry if elected.
Source: Truth Social
As of October, most polls showed Vice President Harris and Trump neck and neck in crucial battleground states where the results of the Electoral College vote will likely be decided. Early voting will end in Georgia, Texas, Arizona, parts of Idaho, Utah, and Nevada on Nov. 1, with some states allowing voting through Election Day on Nov. 5.
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During his time in office, Trump said BTC was based on “thin air” and referred to the cryptocurrency as a “scam” in 2021. As a presidential candidate, he has made several claims that could affect the industry, including promises to pardon Silk Road founder Ross Ulbricht, restrict all remaining BTC mining entirely within the United States, and block the government from developing a central bank digital currency.
With Election Day closing in, social media platforms were rife with misinformation about both presidential candidates and their policies concerning crypto and blockchain.
On Oct. 30, MicroStrategy executive chair Michael Saylor posted quotes on X from an interview that did not exist that claimed Trump proposed abolishing capital gains taxes on crypto. At the time of publication, Saylor had not removed the post, and BTC advocate Anthony Pompliano had reposted it on LinkedIn.
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