Trump Softens Stance on Bitcoin, Hints at Crypto Regulation If Re-Elected
• Trump seems to be softening his previously critical stance on Bitcoin, saying "a lot of people are doing it" and he can "live with it one way or the other."
• In 2019, Trump said he was "not a fan" of crypto, stating cryptocurrencies are "not money" and their value is "based on thin air."
• Trump discussed plans to regulate the cryptocurrency market, stating that crypto has "taken on a life of its own" and "you probably have to do some regulation."
• Trump reiterated his support for the U.S. dollar as the superior global currency, stating "I've always liked one really powerful thing. And, that's called the dollar."
• Trump could be positioning himself as having a softer stance on crypto compared to Biden ahead of the 2024 election.