Donald Trump wants to make the United States a “Bitcoin superpower”

Bitcoin superpower. Since coming to the White House, Donald Trump has repeatedly stated his desire to make the United States world leader in the field of cryptocurrencies . During his latest speech at the Economic Forum in Miami, he reaffirmed this strategy, declaring his desire to make his country a “Bitcoin superpower.” He also took the opportunity to once again criticize Joe Biden and warn against competition from China. Here are some excerpts.

Key points of this article:

• Donald Trump has announced his desire to make the United States a Bitcoin superpower.
• He warned of competition from China in the cryptocurrency race.

Donald Trump wants to make the United States the leader in cryptocurrency President Trump began his speech by highlighting the change in course his administration had taken from that of Joe Biden, whom he accused of leading “wars against cryptocurrency”. He reminded the audience that he signed a historic decree to end this feud and took steps to support the sector, which he called “gigantic”.

Then he announced his intention to do United States “bitcoin superpower” and the world center of cryptocurrencies. To achieve this goal, he is counting on American talent and entrepreneurs, as well as the role of the dollar, which he believes will be reduced by the use of cryptocurrency: “This significantly reduces the burden on the dollar,” – he declared.

The US president has confirmed his intention to make the United States a “Bitcoin superpower”.

Is China a serious contender in the Bitcoin race? Donald Trump also appealed to the international competition particularly from China, which he sees as a rival in the bitcoin race. “If we don’t handle cryptocurrency properly, China will.” he warned, adding that other countries are also ready go out on this market.

Therefore, the President of the United States urged people not to lose this one possibility and do not underestimate the importance of this “huge industry”. He also linked it to artificial intelligence (AI), another technology sector he wants to develop in the United States. “We will make America the undisputed leader in the field of AI” – he declared.

Donald Trump did not announce any specific new measures during his speech, but he reiterated his commitment to support cryptocurrency and Bitcoin. That stance is consistent with actions taken by his administration since the start of the year, but will these statements be enough to spark a revival crypto market, which is characterized by significant weakness? Time will tell.

Source: journalducoin.com