
PALM BEACH, FL — Donald Trump, who was once not a fan of cryptocurrencies and said they were “just air,” is now saying he likes them as he prepares for the 2024 election. This big change happened at a dinner at his big house, Mar-a-Lago, where Trump wanted to talk to people who like crypto—a group he thinks President Joe Biden isn’t paying attention to.
____________________________________________________
- Former President Donald Trump pivots to a pro-crypto stance, aiming to attract crypto enthusiasts for the 2024 presidential campaign.
- Trump’s understanding of cryptocurrency policy remains vague, yet he can market and profit from NFT sales.
- Contrasting with the Biden administration’s cautious approach to cryptocurrency, Trump promises a more crypto-friendly environment if elected.
______________________________________________________________________
Trump Embraces Cryptocurrency in 2024 Presidential Bid Amid Previous Criticisms
Trump has changed a lot. He went from not liking crypto to selling digital pictures called NFTs, making lots of money, and now, at the dinner on Wednesday, he said he would even accept crypto money for his campaign. He told about 200 people there, “If you like crypto, you’re going to vote for Trump because the other side wants to stop it,” talking about the Democrats and Biden. Even though Trump is excited about crypto, he doesn’t know all the details about how it works or its rules. But he knows how to sell NFTs and supports the crypto world.
At the event, people who bought $10,000 Trump digital pictures and others who paid $4,700 got to ask questions. Trump said he thinks there’s a place for things like digital money made by banks and government blockchains, even though he doesn’t know all the details.
Conversely, the Biden team is more careful with crypto, with a guy named Gary Gensler trying to make rules for it. Trump doesn’t like how careful they are and makes fun of them at dinner.
The Biden team didn’t stay quiet. They said Trump was too busy with his fancy NFT dinner instead of talking to more people in a usual way. But Trump’s message about liking crypto got out to a lot of people, especially since there are about 50 million people in the U.S. who use crypto.
At the dinner, Trump said the Democrats don’t like crypto. This makes it seem like only one side likes it, but actually, people from both sides are interested in it. Even if Trump doesn’t know all the details about crypto rules, he’s good at selling NFTs and talking about crypto. This shows how important digital money is becoming in politics.
As the 2024 election approaches, Trump’s statement that he likes cryptocurrency is a big deal. We’ll have to wait and see what this means for the rules and laws about crypto.
If you want to keep up with all the fast news about cryptocurrency and more, you should sign up for our newsletter. You’ll get all the latest news and updates right where you want them. Join our group today and start making smart choices with all the new things you learn.”
Leave a Reply