Trump’s Crypto Silence: Inauguration Omission Sparks Questions After History Of Mixed Signals
In a moment keenly watched by the global financial community, Donald Trump‘s inauguration address on Monday notably omitted any mention of cryptocurrency.
The speech was in contrast to Trump’s often vocal, and at times contradictory, stance on the burgeoning digital asset class.
Trump delivered a speech focusing on national issues such as immigration, economic policies, and energy production. Conspicuously absent was any reference to cryptocurrency, despite his recent support for digital assets.
This silence has sparked questions and speculation, particularly given Trump’s history of both criticizing and engaging with the crypto world.
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Trump’s relationship with cryptocurrency is a complex one. During his initial term as president, he was a vocal skeptic.
In 2019, he famously tweeted about his distaste for Bitcoin (CRYPTO: BTC). The then-45th president called it “based on thin air” and not “money,” expressing his preference for the U.S. dollar.
Trump, at times, expressed concern that cryptocurrencies could potentially undermine the dollar. This skepticism led to policies that observers viewed as overly cautious in regulating the nascent industry.
Trump’s personal actions have sometimes painted a different picture.
After leaving office in 2021, Trump embraced crypto to a degree that was not expected given his earlier criticisms. He launched his own NFT …
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