News View Non-AMP

SHOCKING! Trump Wants to Use Bitcoin to Clear America’s $35T Debt!

Published by
Zafar Naik

Donald Trump has been very vocal about Bitcoin and cryptocurrency since the start of his re-election campaign. On August 2nd, he gave an interview to Maria Bartiromo from Fox Business, where he shared his views on strengthening the US economy.

And well, you’re probably not ready for his EXPLOSIVE statements! Read on below.

A Radical Proposal

During the interview, the Presidential candidate Donald Trump suggested paying off the country’s debt with Bitcoin. A video clip from the interview has gone viral on the social media platform X (formerly Twitter). In the clip, Trump can be heard saying:

“Maybe, we can pay off our 35 Trillion debt by handing them a little crypto check, hand them a little Bitcoin and wipe out the $35 trillion”

Trump’s Pro-Crypto Stance

Donald Trump has been a significant supporter of Bitcoin over the past year. He has proposed many pro-crypto initiatives and consistently advocated for cryptocurrency, particularly Bitcoin, throughout his re-election campaign. At a conference in Nashville, he outlined his vision for America to become a Bitcoin superpower, promising to establish a strategic national Bitcoin reserve from the Bitcoin seized by the US government. He stated that if elected President in November, he would not sell the 200,000 BTC currently in US custody.

A Bold Vision for America

Trump has repeatedly expressed his strong desire to make America the leading crypto power. He believes that the US should use crypto to strengthen its economy and allow cryptocurrency to flourish under the US umbrella. According to him, if the US does not seize this opportunity, China will, and he is determined to prevent that.

Bashing the Current Crypto Regulations

Trump has also criticized the current administration and the SEC for their stance on cryptocurrency, arguing that they take legal actions without creating a clear regulatory structure. He believes these strict laws hinder the growth that crypto innovation can bring to America.

Could this be the game-changer cryptocurrency needs? The countdown to November begins.

Zafar Naik

Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

Recent Posts

Official Trump Unlocks 40M Tokens Worth $300M: What Next For TRUMP?

The TRUMP price has dropped 90% from its all-time high, which was recorded three months…

April 19, 2025

BNB Price Breakout Above $600? On-Chain Metrics Hint at Bullish Momentum

BNB is experiencing buying demand as overall market sentiment turns positive. Although the price is…

April 19, 2025

Ethereum Breakout Looms: Whales Piles Up in Anticipation of Big ETH Price Surge

The wider altcoin market, led by memecoins, has signaled a bullish breakout soon amid ongoing…

April 19, 2025

Oregon’s Attorney General Revives Gary Gensler’s Case Against Coinbase: What Next?

Coinbase has held the stance that crypto assets are not securities but instead are digital…

April 18, 2025

4 Tokens Under $0.40 That Are Not Dogecoin (DOGE) to Turn $850 to $85000

In a massive market like the crypto market, finding a coin to invest in can…

April 18, 2025

Best New Cryptos to Buy Now for Profits Up to 1000X by This Summer

A new wave of promising cryptocurrencies is making waves just in time for the anticipated…

April 18, 2025