[ad_1]
Bitcoin Magazine
Bitcoin Takes a Lot of Pressure Off The Dollar, Says Donald Trump
Today, Former President Donald Trump has voiced sturdy help for Bitcoin and the broader crypto business, calling it a important American asset that the US must proceed to dominate.
JUST IN: President Donald Trump stated Bitcoin "takes a lot of pressure off the dollar and it's a great thing for our country." pic.twitter.com/vjbGGhrHm9— Bitcoin Magazine (@BitcoinMagazine) June 27, 2025
“So I became a fan of crypto, and to me it’s an industry,” Trump stated. “I view it as an industry and I’m president and if we didn’t have it, China would or somebody else would, but most likely China.”
Trump emphasised the financial resilience and strategic significance of Bitcoin, pointing out its relative power during current market downturns.
“In fact, when the stock market went down recently, crypto and Bitcoin and all of that went down much less than anybody else as a group,” he said. “And we’ve created a very powerful industry and that’s much more important than anything that we invest in.”
The former president talked about his private involvement with Bitcoin before launching his 2024 presidential marketing campaign. “I got involved with it a couple of years ago and before this, before the second term, I got involved, before I decided to run… I was in Bitcoin then, not knowing if I was going to do it a third time,” he emphasised, referring to his resolution to run again.
Trump also recommended that Bitcoin is turning into more mainstream. “It’s the jobs that it produces and I noticed more and more you paying Bitcoin. I mean, people are saying it takes a lot of pressure off the dollar. And it’s a great thing for our country, so I don’t care about investing, you know.”
He concluded by asserting that under his management, the US has constructed a important business in Bitcoin and crypto. “I have kids and they invest in different things. They do believe in it, but I’m president and what I did do there is build an industry that’s very important and you know if we didn’t have a China would,” Trump stated.
This publish Bitcoin Takes a Lot of Pressure Off The Dollar, Says Donald Trump first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
[ad_2]
