Former President Donald Trump as a 'crypto president'
Former President Donald Trump declares himself as a 'crypto president' at a Silicon Valley fundraiser, contrasting with the Biden administration's anti-innovation stance. Trump vows to support cryptocurrencies and Bitcoin, promising to halt the Biden-Gensler crusade against crypto if re-elected.
Key Points
- Trump vows to stop Biden-Gensler crusade against crypto if re-elected
- Silicon Valley and cryptocurrency industry warming up to Trump
- House Majority Whip Tom Emmer criticizes anti-crypto advocates as 'dinosaurs'
Pros
- Trump pledges support for cryptocurrencies and Bitcoin
- Attracts support from Silicon Valley and cryptocurrency industry leaders
- First U.S. president to accept Bitcoin Lightning Network donations
Cons
- Critics of the financial technology industry remain
- Contrast with Biden administration's anti-crypto policies