Former President Donald Trump is making headlines once again, but this time it’s not for his controversial statements or political maneuvers. Trump, who once called Bitcoin a “scam,” is now set to announce an ambitious plan to make the United States the world’s crypto powerhouse.
In a surprising turn of events, Trump took to Twitter to tease a big announcement regarding cryptocurrency and decentralized finance (DeFi). The former president, along with his two sons, has been hinting at a major project that aims to position the US as the global leader in the crypto space.
Trump’s vision is clear – he wants to transform the United States into the “crypto capital of the planet.” In a video message shared on Twitter, Trump stated, “This afternoon I’m laying out my plan to ensure that the United States will be the crypto capital of the planet. They want to choke you, they want to choke you out of business. We’re not going to let that happen.”
While details about the project are still scarce, the World Liberty Financial website, a mysterious DeFi platform promoted by Trump’s sons, promises to offer cutting-edge tools for secure and high-yield crypto investments. However, scammers have already started taking advantage of the hype, circulating fake ads claiming to be associated with Trump and World Liberty Financial.
Trump’s embrace of crypto comes at a crucial time, as he gears up for a potential second term as America’s president. With major crypto figures like the Winklevoss brothers and Jesse Powell backing his campaign, Trump has positioned himself as a crypto-friendly candidate. In fact, at the Bitcoin Conference in Nashville, Trump even pledged to build a “strategic national Bitcoin stockpile” if reelected.
The prospect of a former crypto skeptic like Trump leading the US into a new era of crypto-friendly policies has sparked excitement and speculation within the crypto community. As Trump prepares to unveil his plan to make the US the world’s crypto powerhouse, all eyes are on the former president and his vision for the future of cryptocurrency in America.