- Filled with respect and admiration for what the Bitcoin community has achieved.
- Bitcoin is a miracle of human collaboration and achievement.
- If the US doesn’t embrace encryption technology, China and other countries will take over.
- Bitcoin Is On Its Way To The Moon, And I Want The US To Lead The Way
- “Never sell your bitcoin”
- “I want cryptocurrency to be mined and manufactured in America.”
- He will appoint a presidential advisory council on Bitcoin and cryptocurrencies when he is elected.
- A national strategic reserve of Bitcoin will be created.
He also added that he would fire SEC Chairman Gary Gensler “on day one,” saying he wanted someone in the position who “shouldn’t be a drag on the future.” For some context, Gensler isn’t the most popular person in the crypto industry amid his views and enforcement actions against the likes of Coinbase and Binance.
Additionally, Trump has also pledged to make the United States the “cryptocurrency capital of the world” and says that Bitcoin poses no threat to the dollar’s status.
Amid his comments, Bitcoin initially dropped from $68,400 to $66,635 before rising back to $69,000. The price is now trading at $68,140 but has been fairly stable over the course of the week.