$BTC
Donald Trump flips on crypto: From 'scam' to building a 'crypto army'.š¤š¤š¤š¤š¤š¤š¤
Once ānot a fanā of cryptocurrency, Trump has reversed course and is poised reap a $100 million windfall from an embattled industry looking for friends in Washington.
Hours afterĀ meeting with bitcoin minersĀ at his Mar-a-Lago estate in Florida on Wednesday, the former presidentĀ said on his Truth SocialĀ media platform that cryptocurrency users should āvote for Trump!ā because he will stand up to āBidenās hatred of Bitcoin.ā
The declaration came after weeks of concerted outreach to crypto enthusiasts and the people leading the burgeoning industry ā and it already seems to be paying off. One bitcoin mining executive who met with TrumpĀ told CNBCĀ that his industry has committed to raising over $100 million and turning out more than 5 million voters to help Trump this fall.
But just a few years ago, when Trump was in the White House, he made his thoughts on bitcoin and other cryptocurrencies clear.
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