WHY DONALD TRUMP LOVES BITCOIN

President Donald Trump has pivoted to embrace Bitcoin and crypto to gain an edge over Joe Biden in the 2024 election. Previously indifferent to crypto, Trump now accepts Bitcoin donations and promises pro-crypto policies if re-elected, aiming to attract the over 50 million Americans owning digital assets.

At rallies and on social media, Trump criticizes Biden’s anti-crypto stance, accusing him of stifling innovation. Trump pledges to support Bitcoin adoption and the right to self-custody for crypto holders.

Biden, on the other hand, has pushed anti-crypto measures, such as vetoing a bill to limit SEC oversight and promoting a central bank digital currency. His administration’s actions have been seen as stifling crypto innovation.

Trump’s pro-Bitcoin stance appeals to a growing voter base that values crypto-friendly policies, highlighting the rising political influence of Bitcoin. This strategic move may sway voters in close national elections, acknowledging Bitcoin’s significant role in modern politics.
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