Trump supporter businessman Lutnick: I have hundreds of millions of dollars in Bitcoin

Businessman Howard Lutnick, one of Donald Trump's biggest supporters, said that he owns hundreds of millions of dollars in Bitcoin and that figure will exceed billions of dollars next year. Lutinck also stated that, as he has said many times before, he thinks Bitcoin is not money, but commodities.

Howard Lutinck, the CEO of Cantor Fitzgerald, which has been operating in Finnish services for nearly a century, touched on the importance of Bitcoin in a podcast he attended. Touching on many issues from stable coins to the US government debt, Lutnick claimed that Bitcoin is not money.

The famous businessman, who was a guest on Anthony Pompliano's Youtube channel, stated that he has hundreds of millions of dollars in Bitcoin and is trying to buy every price drop. Lutnick's statements are as follows:

“We will stop wasting spending with Elon Musk”

Me, Elon Musk and Donald Trump can deal with the budget deficit issue. I discussed this issue with Elon for 2 hours. We talked about the waste of spending in the budget of 6.5 trillion dollars. There is a revenue of 4.5 trillion dollars. Everything including taxes... I think we're almost going to hell. The debt will be 36 trillion dollars. Look, under the Trump administration, the people who are competent in America will take the field. Everyone will do what they are good at. Making America great again will not be a promise.

“Bitcoin is not a coin, it is a commodity...”

I've said it before. Bitcoin is not money. Bitcoin is a commodity like gold and oil. Even when you consider terms like mining and gas fees, you can understand that there is a commodity. Look, you can sell oil to anyone you want. You can extract gold the way you want and sell it to everyone. The same is true for Bitcoin... If you call Bitcoin money, politicians will see it as an attack on their own country's currency. But if there is a commodity, they allow it. It will grow as it allows. Bitcoin will grow much more. Just believe...