Trump Proposes Using Bitcoin to Pay Off $35 Trillion National Debt
Publication Time:2024-08-04 09:16:06
During an interview with Fox Business, former U.S. President Donald Trump discussed the topic of cryptocurrencies, emphasizing America's leadership in this field. Trump hinted that the government might use Bitcoin as a tool to address the national debt issue amounting to $35 trillion. He described cryptocurrencies as an innovative form of currency that has shown significant growth and tremendous potential, and he believes they will ultimately benefit the nation. Furthermore, Trump mentioned the wise talents in the cryptocurrency sector and the competitive pressures the United States may face in this area, stressing that the country should maintain its leading position in this domain. He pointed out that the emergence of cryptocurrencies offers a novel possibility for repaying such a large debt, and it might even achieve full debt repayment by providing cryptocurrencies, such as Bitcoin, as payment methods to creditors.
Bitcoin
Trump
National Debt