Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
ZyCrypto 2025-01-27 14:18:55

President Trump Reportedly Wants To “Send Bitcoin To Much Greater Heights”. Here’s The Full Gist

President Trump Reportedly Wants To “Send Bitcoin To Much Greater Heights”. Here’s The Full Gist

David Bailey, CEO of BTC Inc., has sparked excitement among crypto fans after revealing he had a private phone conversation with pro-crypto president Donald Trump. This comes after the president’s executive order proposing a strategic crypto reserve and his decision to grant Silk Road founder and BTC icon Ross Ulbricht a full and unconditional pardon . Trump Is Super Bullish On Bitcoin David Bailey wrote in an X post that he had spoken with President Trump and thanked him for keeping his promises to the crypto industry and Silk Road founder Ross. “I asked him if he wanted to share a message with the Bitcoin community…He said he’s with us 100%, we’re going to send Bitcoin to much greater heights, and we’re going to outcompete China and other countries that want to take it from us. Thank you President Trump for being the first Bitcoin President. Promises made, promises kept,” Bailey opined. The BTC Inc. CEO responded to a flurry of questions from X users under his post. One commentator asked how the call came about, with Bailey revealing that the president called him. “I was notified ahead of time,” he added. Another user asked for proof, telling Bailey to record the phone conversation next time for the doubting Thomases. However, the pundit stressed his commitment to privacy: “I would never record a private conversation with the President and share it publicly to score points on the internet.” One commentator asked whether Trump was aware of uneasiness surrounding the possibility of “shitcoins” being included in the US government’s national stockpile. Bailey replied: “We talked for ~10 minutes. Covered a few topics, all Bitcoin related. I don’t think he’s aware of the concern, and I didn’t raise it.” Trump And Bitcoin: From ‘Not A Fan’ To A Crypto President As you may already know, President Trump was once a staunch crypto critic. Back in 2019, he made it clear that he was “not a fan of Bitcoin” and other cryptocurrencies as they were “based on thin air.” Trump reiterated his beliefs during a Bitcoin bull run in 2021. “Bitcoin just seems like a scam,” he told Fox Business at the time, asserting that he wanted the greenback to remain the world’s top currency. But it was just last year when Trump really upped the pro-crypto talk, slamming former President Joe Biden and Democrats for being “against it.” But the most tangible sign of Trump’s embrace of crypto came when he spoke at the 2024 Bitcoin Conference in Nashville, Tennessee. There, he promised Bitcoiners that he would create a national strategic Bitcoin reserve and that he planned to turn the U.S. into the “crypto capital” of the world. And last week, Trump signed his first crypto-related executive order , formally establishing a Presidential Working Group on Digital Asset Markets to work on developing a federal regulatory framework for digital assets and to assess the establishment of a “strategic national digital assets stockpile.” The EO also prohibits establishing, issuing, circulating, or using central bank digital currencies (CBDCs) in the United States.

Most Read News



Cryptohopper
Market Cap
24h Vol
55.82%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.