Posted 1/20/2024, 12:30:52 PM
Trump Opposes Digital Dollar But Embraces Bitcoin and NFTs
- Trump said he would block the creation of a central bank digital currency (CBDC) or "digital dollar" if elected president again
- Trump called a digital dollar a "dangerous threat to freedom" that would give the government "absolute control over your money"
- Meanwhile, Trump has expanded his NFT collection to the bitcoin network, fueling speculation he could reverse his past opposition to crypto
- Trump previously called bitcoin a "scam" in 2021 but has since issued an NFT collection and ordinals on the bitcoin blockchain
- Former Trump campaign advisor Anthony Scaramucci said regulators should embrace crypto technology rather than oppose it