Donald Trump, re-elected as President of the United States in 2024, has proposed using Bitcoin to help repay the massive national debt of $35 trillion dollars of the United States.
In a recent statement, Trump emphasized his belief that "cryptocurrency has a bright future", believing that digital currencies like Bitcoin can play a crucial role in addressing the financial challenges of the country.
The former president, who became the first US president to conduct a Bitcoin transaction - buying a cheese sandwich with Bitcoin at a Bitcoin-accepting bar in New York - continues to support digital currency
Trump's reelection marks a new commitment to turning the United States into the "world's cryptocurrency capital." He suggested, "Maybe we'll pay off the 35 trillion dollar debt" by accepting Bitcoin.
Trump's stance reflects his broader strategy of attracting the Bitcoin and cryptocurrency voter base. He sees digital assets as a promising tool for economic growth and national financial reform.
His comment on using Bitcoin to reduce national debt is in line with his vision of leading the United States in the global cryptocurrency movement.
Meanwhile, Vice President Kamala Harris, his political rival, still supports advanced technologies such as AI and digital assets. Although she did not specifically mention Bitcoin, her focus on protecting consumers and investors shows her administration's openness to the development of cryptocurrency.
When Trump takes office again, it is clear that cryptocurrency will still be a prominent part of his economic policy. With both major political figures acknowledging the potential of digital currency, the future of cryptocurrency in US politics becomes more important than ever.
DYOR! #Write2Win #Write&Earn $BTC
{spot}(BTCUSDT)
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
27 Likes
Reward
27
33
Repost
Share
Comment
0/400
GateUser-f1e5db66
· 2024-12-22 08:24
Donald Trump, who is re-elected as the President of the United States in 2024, has proposed to use Bitcoin to help repay the enormous national debt of $35 trillion of the United States. In a recent statement, Trump emphasized his belief that "cryptocurrencies have a bright future", considering digital currencies such as
Reply0
SmileAndEmbraceTheCo
· 2024-12-22 05:34
According to the report from Golden Finance, the total amount of Get Liquidated on the entire network in the past 12 hours has reached 219 million US dollars, with the amount of long order Get Liquidated being approximately 174 million US dollars, and the amount of short order Get Liquidated being approximately 45.7036 million US dollars.
View OriginalReply0
View More
SteadyProgress
· 2024-12-22 05:20
When Bitcoin proposes to become the national reserve of the United States and is not approved by the US Congress, there will be a major pullback.
View OriginalReply0
Murtaza2025
· 2024-12-22 04:53
Donald Trump's proposal to use Bitcoin to tackle the national debt showcases bold and innovative leadership. Embracing cryptocurrency reflects his forward-thinking approach to modern economic challenges.
Reply0
Suking
· 2024-12-22 04:23
According to Jinse Caijing, the data shows that in the past 12 hours, the total amount of Get Liquidated on the entire network has reached 219 million US dollars, with the long order Get Liquidated amounting to approximately 174 million US dollars, and the short order Get Liquidated amounting to approximately 45.7036 million US dollars.
View OriginalReply0
DeFiMaverick
· 2024-12-22 04:17
According to Jinse Finance, data shows that in the past 12 hours, the total amount of Get Liquidated across the network reached 219 million US dollars, of which the amount of long order Get Liquidated was approximately 174 million US dollars, and the amount of short order Get Liquidated was approximately 45.7036 million US dollars.
Reply0
GateUser-5d0af683
· 2024-12-22 03:55
To Da Moon 🌕Buy the Dip 🤑WAGMI 💪Keep BUIDL🧐Wen Lambo? 🏎️Diamond Hands 💎
Reply0
TraderAfa
· 2024-12-22 03:36
Overlord 666
View OriginalReply0
Ae99
· 2024-12-22 03:24
Ambush 100x coin 📈
View OriginalReply0
DigitalAlkansiya
· 2024-12-22 03:10
We must Also buy and hold BTC. now is the Time To Own 0.1 or 0.01 BTC defend on your Trading Funds.
Bitcoin Will Pay Off $35 Trillion Debt: Donald Trump
Donald Trump, re-elected as President of the United States in 2024, has proposed using Bitcoin to help repay the massive national debt of $35 trillion dollars of the United States. In a recent statement, Trump emphasized his belief that "cryptocurrency has a bright future", believing that digital currencies like Bitcoin can play a crucial role in addressing the financial challenges of the country. The former president, who became the first US president to conduct a Bitcoin transaction - buying a cheese sandwich with Bitcoin at a Bitcoin-accepting bar in New York - continues to support digital currency Trump's reelection marks a new commitment to turning the United States into the "world's cryptocurrency capital." He suggested, "Maybe we'll pay off the 35 trillion dollar debt" by accepting Bitcoin. Trump's stance reflects his broader strategy of attracting the Bitcoin and cryptocurrency voter base. He sees digital assets as a promising tool for economic growth and national financial reform. His comment on using Bitcoin to reduce national debt is in line with his vision of leading the United States in the global cryptocurrency movement. Meanwhile, Vice President Kamala Harris, his political rival, still supports advanced technologies such as AI and digital assets. Although she did not specifically mention Bitcoin, her focus on protecting consumers and investors shows her administration's openness to the development of cryptocurrency. When Trump takes office again, it is clear that cryptocurrency will still be a prominent part of his economic policy. With both major political figures acknowledging the potential of digital currency, the future of cryptocurrency in US politics becomes more important than ever. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)
In a recent statement, Trump emphasized his belief that "cryptocurrencies have a bright future", considering digital currencies such as