If You Invested $1,000 In Bitcoin When Trump Said US Will Be ‘Crypto Capital Of The World,’ Here’s How Much You’d Have Today
Ever since pseudonymous Satoshi Nakamoto published a whitepaper on Bitcoin (CRYPTO: BTC) in 2008, there have been plenty of cryptocurrency skeptics.
President-elect Donald Trump was one of them.
“I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air,” Trump tweeted in 2019. He also called out Libra, a virtual currency that Meta Platforms was working on at the time. The Facebook parent company should “seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks,” he insisted.
But during his 2024 U.S. presidential campaign, Trump changed his mind. He suggested a strategic national crypto stockpile for the U.S. Trump also launched his …