Former President Donald Trump has publicly expressed strong support for Bitcoin and the overall crypto sector, labeling it a crucial American asset essential for US economic dominance. He highlighted Bitcoin's ability to relieve pressure on the dollar and its relatively stable performance during recent market declines. Trump disclosed his personal interest in Bitcoin, which began before his latest presidential campaign. He believes in the mainstreaming of Bitcoin and its job creation potential, insisting that under his leadership, a significant crypto industry was established in America.
"So I became a fan of crypto, and to me it's an industry. I view it as an industry and I'm president and if we didn't have it, China would or somebody else would, but most likely China."
"In fact, when the stock market went down recently, crypto and Bitcoin and all of that went down much less than anybody else as a group. And we've created a very powerful industry and that's much more important than anything that we invest in."
"It's the jobs that it produces and I noticed more and more you paying Bitcoin. I mean, people are saying it takes a lot of pressure off the dollar. And it's a great thing for our country, so I don't care about investing, you know."
"I have kids and they invest in different things. They do believe in it, but I'm president and what I did do there is build an industry."
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