In recent remarks at the White House, Donald Trump discussed the importance of cryptocurrency for U.S. economic strategy and Bitcoin's role as a strategic asset.
Growth of the Crypto Industry under Trump
Trump noted the rapid growth of the crypto industry under his administration, contrasting it with what he described as stagnation during the previous administration.
The Role of Bitcoin in the U.S. Economy
According to Trump, Bitcoin has become a vital tool for innovation, job creation, and payment infrastructure. He believes BTC does not undermine the U.S. dollar but supports it by easing global financial pressures.
Initiatives for Creating a Bitcoin Reserve
To cement this vision, Trump signed an executive order aimed at building a Strategic Bitcoin Reserve, backed by proposed legislation—the BITCOIN Act—which would authorize the purchase of up to one million BTC over five years.
In Trump's view, actively promoting Bitcoin and other digital assets is crucial for maintaining the United States' competitiveness on the international stage.
