In a significant shift from his previous stance, former President Donald Trump expressed support for Bitcoin and cryptocurrency at the Libertarian National Convention last weekend.
His endorsement signifies a monumental and historic shift from his previous skepticism and demonstrates the increasing influence of digital currencies in politics, Global Data reported.
“I will ensure that the future of crypto and the future of Bitcoin will be made in the USA, not driven overseas,” Trump told the audience during his speech.
During his presidency, Trump was vocal about his disdain for cryptocurrencies, once describing Bitcoin as a scam while adding: “I don’t like it because it’s another currency competing against the dollar.”
