I pledge to the Bitcoin community that the day I take the oath of office, Joe Biden and Kamala Harris's anti-crypto crusade will be over... If we don't embrace crypto and Bitcoin technology, China will, other countries will. They'll dominate, and we cannot let China dominate. They are making too much progress as it is.
The former president outlined several pro-crypto initiatives he would pursue if elected. These included making the US the global cryptocurrency hub, retaining all government-held Bitcoin as a 'national Bitcoin stockpile,' establishing a presidential advisory council on Bitcoin and cryptocurrency, and developing power plants to support crypto mining, emphasizing the use of fossil fuels.
Trump's current embrace of cryptocurrency represents a reversal from his 2021 stance when he described Bitcoin as a 'scam against the dollar.' He also highlighted that his campaign has received $25 million in donations since accepting cryptocurrency payments two months ago.
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