Former President Donald Trump expressed his personal support for cryptocurrencies Wednesday at a special event for Trump non-fungible token (NFT) holders at his Mar-a-Lago resort in Florida.
“I’m okay with this,” President Trump said in a widely shared clip on X. If you like cryptocurrencies in any form, cryptocurrencies come in many forms, but if you support cryptocurrencies, you might as well vote for Trump. ”
Later, he expanded on the theme of cryptography.
President Trump said US crypto companies are pulling out because of “hostility” from Democrats and Securities and Exchange Commission Chairman Gary Gensler.
President Trump said, “The hostility towards cryptocurrencies is causing cryptocurrencies to leave the United States.” “We don’t want that, so we’re going to stop it. If we’re going to accept that, we have to let them stay here.”
I asked Donald Trump how he plans to keep cryptocurrency businesses in America.
That’s bullish🇺🇸 pic.twitter.com/rvuztPmQ8P
— Malcolm (33.3%) (@macdegods) May 9, 2024
Those who gathered quickly expressed a desire to fight for its widespread use.
Ryan Serkis, founder and CEO of leading cryptocurrency research firm Messari, expressed support for President Trump’s move and expressed support for the Republican nominee for the White House.
good…
I never thought I’d share that I’ll be at Mar-a-Lago tonight, but President Trump spoke very highly of cryptocurrencies, and then…he invited me. @MihailoBjelic Say something on stage.
Let’s fight for cryptocurrencies.
Please support President Trump. pic.twitter.com/bPAnvFlxMp
— Ryan Serkis (d/acc) 🇺🇸 (@twobitidiot) May 9, 2024
In a recent exclusive interview with Breitbart, venture capitalist Nick Carter also praised Trump and asked why people who support crypto would vote for the Democratic Party.
Today: Orangeman directly supports cryptocurrencies.Dementia Joe threatens to veto over Sab 121, Democrats shrink ranks around corrupt FDIC Chairman Marty
no ambiguity at all
If you are involved in cryptocurrencies in any way and vote D, you are voting directly against your own interests.
— Nick “Bankful” Carter (@nic__carter) May 9, 2024
Decryption report Trump’s change in views on digital assets comes after analysts suggested on Tuesday that his return to the White House in November would be positive for Bitcoin.
The potential Republican nominee went after the incumbent, claiming that President Joe Biden is ignorant about cryptocurrencies.
“Biden doesn’t know,” Trump told the audience.
“[Gary] Mr. Gensler is very opposed to it, and the Democrats are very opposed to it,” Trump was quoted as saying. “But I’m okay with that.”
