Donald Trump, once a Bitcoin skeptic, declared his support for the cryptocurrency in a Truth Social post.

Former President and current leading 2024 Republican candidate Donald Trump expressed his clearest support for cryptocurrencies today in a post on Truth Social he shared just before attending the Libertarian National Convention.

“I am very positive and open-minded about cryptocurrency companies and anything related to this new and fast-growing industry. Our country needs to be a leader in this space,” Trump wrote. He added, “There is no second place,” before comparing himself to Biden, who wants the cryptocurrency industry to suffer a “slow, painful death.”

In recent years, Trump has voiced skepticism about cryptocurrencies compared to the US dollar. “The currency of the world should be the dollar,” Trump said in a 2021 Fox interview. “And I don’t think we should have all the Bitcoin in the world. I think they should regulate Bitcoin very, very highly. “he said. business.

But following the successful foray into Trump-branded NFT trading cards (some “Mugshot Edition NFTs” give holders the chance to have dinner with the Donald after their trial date), cryptocurrency policy is emerging as a critical issue. On the campaign trail in recent weeks, Trump appears ready to solidify his position as a cryptocurrency-supporting candidate.

Trump’s comments came the day before he addressed the Libertarian National Convention on Saturday night. There, he will try to discourage voters from supporting third-party candidate Robert F. Kennedy Jr., who has often espoused pro-cryptocurrency and anti-regulation views. . The post also comes just days after the Trump campaign launched a tool that allows donors to donate in cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin and Shiba Inu.

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