Trump Says He’s ‘Good With’ Bitcoin and Crypto, Claims Biden Doesn’t Understand Digital Assets

Trump's recent comments on Bitcoin and crypto represent a notable shift from his previous stance during his presidency. While he previously criticized digital assets for their potential to facilitate unlawful behavior, he now appears to be more supportive of the industry.

At an event for Trump NFT holders, he expressed concern about regulatory hostility driving crypto firms out of the US and emphasized the importance of embracing the industry. Trump accused President Biden of being against crypto, suggesting that he doesn't understand it, and highlighted the opposition from certain Democrats, including SEC Chair Gary Gensler.

Despite his past criticisms, Trump now claims to be "good with" Bitcoin and crypto, stating that he wants to ensure they are "good and solid." He even indicated that he would accept donations to his campaign in Bitcoin and other cryptocurrencies.

This shift in Trump's stance could reflect a recognition of the growing popularity and potential of digital assets, as well as a desire to appeal to crypto advocates and voters who support the industry. However, it remains to be seen how this evolving position will influence his policies and actions regarding crypto if he were to return to office.

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