During a podcast with Adin Ross, US presidential candidate Donald Trump said the country should not sell the first cryptocurrency.
The politician expressed his thoughts after 28,000 BTC (~$1.56 billion) were transferred from a government address to an unknown wallet last week.
"This is something [the authorities] should not do because they need to try to build [the system]. If we don't do it, China will do it, and other countries will do it, they will do it anyway," he added.
Trump called cryptocurrency "very modern" and compared it to artificial intelligence:
"It's like AI - 'Do you like it or don't you like it?' - if we don't do it, China or other people will. We can't fall behind, and cryptocurrency is right there."
The candidate also wants the US to become a "Bitcoin mining superpower."
Trump previously saw the first cryptocurrency as a solution to the country's national debt, which has exceeded $35 trillion. This idea is also a central part of the Bitcoin Act, introduced by Senator Cynthia Lummis.
Speaking at the Bitcoin 2024 conference, Trump raised $25 million in campaign donations.
Let us recall that Bloomberg noted the hopes of Bitcoin companies for the return of the former president to the White House.#BTC
