During a podcast with Adin Ross, US presidential candidate Donald Trump said that the country should not sell the first cryptocurrency.
The politician expressed his thought after 28,000 BTC (~$1.56 billion) was transferred from a government address to an unknown wallet last week.
"This is something that [the authorities] should not do, because they need to try to build [the system]. If we don't do it, China will do it, and other countries will do it, they will do it anyway," he added.
Trump called the cryptocurrency "very modern" and compared it to artificial intelligence:
"It's like AI — "do you like it or don't you like it?”if we don't do it, China or other people will do it. We can't keep up, and cryptocurrency is just in this area."
The participant in the election race would also like the United States to become a "bitcoin mining superpower."
Earlier, Trump saw in the first cryptocurrency a solution to the problem of the country's national debt, which exceeded $ 35 trillion. This idea is also a central part of the Bitcoin Act bill introduced by Senator Cynthia Lummis.
Speaking at the Bitcoin 2024 conference, Trump raised $25 million in campaign donations.
Recall that Bloomberg noted the hopes of bitcoin companies for the return of the former president to the White House.