Former U.S. President Donald Trump has doubled down on his support for Bitcoin, declaring that he would adopt the cryptocurrency as a strategic reserve asset for the United States if elected again. Speaking during his keynote address at the Bitcoin Conference in Nashville, Trump argued that Bitcoin is not a threat to the U.S. dollar—rather, the danger lies in policy decisions coming out of Washington, D.C.
Trump emphasized that Bitcoin represents “a technological marvel and a remarkable example of human coordination,” praising the innovation behind decentralized digital money. He also promised to end what he described as the current administration’s hostile approach toward the cryptocurrency industry.
A Pledge to Halt a Federal Reserve CBDC
In a series of decisive statements, Trump announced that he would order the U.S. Treasury to terminate all efforts to develop a Central Bank Digital Currency (CBDC). He reiterated that a government-controlled digital dollar would pose significant risks to financial freedom and privacy.
A Major Regulatory Shift: Firing SEC Chairman Gary Gensler
Trump further declared that he would dismiss SEC Chairman Gary Gensler on Day One, criticizing what he views as excessive regulatory pressure on crypto firms and exchanges. This stance signals a complete reversal of current regulatory policy, and a potential shift toward a more supportive environment for digital assets.
Bold Predictions: Bitcoin to Surpass Gold
Reaffirming his pro-crypto position, Trump predicted that Bitcoin’s market capitalization will surpass gold, describing it as the future of global financial power. He added that, under his leadership, the United States would become the “world capital of cryptocurrencies,” encouraging innovation, mining, and blockchain development domestically.
A Vision for America’s Digital Economy
Trump’s message was clear: embracing Bitcoin would strengthen the U.S. economy, protect financial autonomy, and position America at the forefront of the global digital revolution. His proposed policies—strategic reserves, regulatory reform, and anti-CBDC measures—would dramatically reshape the nation’s approach to digital finance.
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