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Read more: Donald Trump Presidential Campaign Is Now Adding More Hype to Bitcoin Than Ever Before
In a video posted on X (formerly Twitter) on Thursday, crypto supporter Donald Trump outlined plans to ensure the US will be in a position to become the “crypto capital of the planet.”
This is Trump’s latest volte-face on cryptocurrency, which he personally declared a scam on multiple occasions during his presidency. The video—addressed to his 90 million followers—emphasized that his latest thrust was committed to fighting the ongoing efforts to “choke” American businesses off the crypto space. A link to World Liberty Financial, a decentralized finance project recently promoted by his sons, Donald Trump Jr. and Eric Trump, accompanied the message.
The project has been aggressively teased on its own X account and Telegram channel, but most details remain scant. The World Liberty Financial Telegram channel has accumulated more than 52,000 subscribers since it was created and actively warns followers about possible scams.
Besides the NFT project, Trump just dropped a line of new, for-sale NFT trading cards at $99 a pop. While the NFTs and the crypto initiative are not the Trump presidential campaign, everything here is very pro-Trump and pro-crypto.
Trump now positions himself as the most crypto-affirmative candidate, to which the businesses are simply solid, signalling a calculated effort to cash in on the emergent market of digital assets.
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Willemstad, Curaçao, 4th November 2024, Chainwire
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