Thu, November 21

Donald Trump Thinks Crypto has Great Future Says May Pay off US Debt

Donald Trump Crypto Market News
  • Donald Trump stated that crypto has a great future in a recent election campaign. 
  • The presidential candidate has launched several NFT collections in the past months.

The crypto community witnessed joyful news over the weekend as Kamala Harris finally made a pro-crypto statement. The running Vice President stated that if elected president she would support Digital assets, AI, and Innovation. This has reassured the cryptocurrency community as the Democrats and Republicans have arrived at a pro-crypto stance. 

Meanwhile, Republican presidential candidate, Donald Trump was seen discussing crypto’s future. The former president, on a weekend campaign, was questioned by prominent NFT crypto trader, “Threadguy” about the future of crypto. Threadguy questioned Trump’s opinion on crypto’s future, if  “God forbid” the candidate’s victory in the November elections. 

In response to the question, Trump stated that cryptocurrency has a great future. He said that when looking at values or crypto’s history it shows that it will have a great future. Additionally, the presidential candidate humorously stated how it could help pay off the nation’s debt of $35 trillion. 

Furthermore, the threadguy also questioned Trump on any new release of his NFT collection – Trump Cards. Donald Trump responded that he was unsure about it. Moreover, the presidential candidate didn’t respond to threadguy’s speculation about his not winning the elections. 

Notably, in the last week, Donald Trump was seen making his first crypto payment in a Bitcoin Bar. The former president’s pro-crypto stance has caused a wave of support for him from the crypto community. Additionally, it also cannot be denied that Trump’s support has garnered attention to crypto from the mainstream community. 

How has Donald Trump’s Pro-Crypto Stance Benefited the Sector? 

Zooming out, over the last few months, Donald Trump has taken a compelling pro-crypto stance. He has deeply endorsed cryptocurrency, launching his own crypto project – World Liberty Financial. Recently, on September 17, the presidential candidate and family launched the project. 

Apart from this, Trump also launched several memecoins and NFT collections this year. Additionally, this optimistic approach to crypto has led to significant support for the candidate from the community. 

Furthermore, on scrutiny, it can be identified that Trump’s extensive support swayed the Democrats to their current pro-crypto stance. Moreover, as aforementioned, Trump has aided crypto to gain a spotlight within the US and in specific ways, worldwide.  

Highlighted Crypto News Today: 

Deutsche Bank Poll Reveals Widespread Public Skepticism Toward CBDCs

A passionate writer who is exploring the world of crypto. In my spare time I write poetry and read novels.