Republican front-runner and former US president Donald Trump claimed that bitcoin (BTC) has “taken a life of its own” and would likely require regulation.
Tuesday, before the state’s Republican primary, Trump appeared in South Carolina for a town hall meeting where he spoke with Fox News. The sole other candidate is the former governor of South Carolina, Nikki Haley, who has promised to be around even if she doesn’t win the Saturday primary.
In response to Laura Inghram of Fox News asking whether adopting bitcoin would be the next logical step for the United States, Trump said that the cryptocurrencycurrency has “taken a life of its own.” “It’s likely that you need to regulate. But a lot of people are accepting it. I can live with it any way, but I’m seeing more and more people wanting to pay with bitcoin.”
It seems like he might be softening his position. When Trump first took office in 2019, he stated that he was “not a fan” of cryptocurrencycurrencies and that they were “not money.” Furthermore, he restated on Tuesday, saying, “I always liked one currency… I like the dollar.”
Trump has promised not to allow central bank digital currencies (CBDCs) if elected, calling them harmful.
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