Bitcoin exit from Donald Trump Speaking at the Bitcoin Conference, former US President and Republican presidential candidate Donald Trump stated that he plans to make the country a Bitcoin superpower. Trump said that China will be active as long as the USA does not hold the power of Bitcoin and added that he will not allow this. Donald Trump spoke at the Bitcoin Conference.
What is the USA's Bitcoin plan?
Donald Trump criticized the Biden administration. Republican presidential candidate and former US President Donald Trump made statements about Bitcoin and cryptocurrencies at the Bitcoin Conference held in Nashville. In his statement, Trump stated that he plans to make the USA the cryptocurrency capital and Bitcoin superpower, and underlined that they want to be number one in technology, science, manufacturing, artificial intelligence and space.
He also said that as long as the USA does not get involved in cryptocurrencies, China will enter this field and that he does not want China to succeed. “If crypto is going to define the future, I want it to be mined, minted and produced in the USA.” He also criticized the Biden administration for cryptocurrency regulations at the conference. "The current US government's stance truly threatens the dollar. The danger to our financial future comes not from crypto, but from Washington DC." He emphasized that the US Securities and Exchange Commission (SEC) destroyed Bitcoin. "On my first day in office, I will fire Gary Gensler and appoint a new SEC chairman." Stating that if he wins the presidency, he will appoint a council whose duty will be to prepare transparent regulatory regulations on Bitcoin and cryptocurrencies within the first 100 days, Trump made certain that there will never be a Central Bank Digital Currency (CBDC) during his presidency. “I will be the pro-innovation, pro-Bitcoin president that America needs and our citizens deserve.”