Melania Trump Embraces Bitcoin Despite Her Husband’s Skepticism.

January 4, 2022 - Around 2 mins mins to read

Former First Lady Melania Trump came to Twitter to celebrate the 13th anniversary of Bitcoin’s launch, boasting about the digital currency’s trillion-dollar market valuation.

Melania Trump Embraces Bitcoin Despite Her Husband's Skepticism. — *Source: Twitter Melania Trump*

This comes after former President Donald Trump made negative statements about Bitcoin and cryptocurrencies in general on several occasions. In June, he branded Bitcoin a “scam against the dollar,” and in October, during a Fox News interview, he reiterated his stance, stating,

“I’m a big fan of our currency and I don’t want to have other currencies coming out and hurting or demeaning the dollar in any way. If you look at a monetary system based on the dollar, if you start losing credibility, all of a sudden you’re going to lose that strong monetary system.”

This also comes as Melania Trump dabbles in cryptocurrency technology, developing her non-fungible token, or NFT, a type of digital artwork built on blockchain technology and intended to be bought and sold as financial assets.

Since its introduction, Bitcoin’s value has skyrocketed, with many of its early supporters becoming incredibly wealthy. However, its early promises of becoming a widely accepted currency outside of government control have generally fallen short, with holders perceiving it more as a speculative investment than money to be traded for goods and services.

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