- Trump wished a happy birthday to the anniversary of Bitcoin’s whitepaper and referred to as on ending “Kamala’s war on crypto”
- Since Bitcoin’s preliminary days, its value has risen to over $72,000 and is accepted as authorized tender in El Salvador
- Trump’s put up comes lower than a week earlier than the US election outcomes are in
Former US President Donald Trump has despatched nicely wishes celebrating the 16th anniversary of Bitcoin’s whitepaper.
Posting on X, Trump mentioned: “I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper,” including:
“We will end Kamala’s war on crypto & Bitcoin will be MADE IN THE USA! VOTE TRUMP! #Bitcoin #FreeRossDayOne.”
On October 31, the mysterious creator of Bitcoin, Satoshi Nakamoto, launched the whitepaper Bitcoin: A Peer-to-Peer Electronic Cash System, which might change how we view cash.
Detailing how the present monetary system works, the creator proposed introducing a new “electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.”
Initially checked out with scepticism, Bitcoin’s price has since soared to greater than $72,000 because it makes its method towards its March all-time excessive of $73,700, is accepted as legal tender in El Salvador, and retail and institutional traders can put money into spot Bitcoin exchange-traded funds (ETFs).
Trump’s put up comes lower than a week when the outcomes can be in asserting the following POTUS. Trump and his rival, Vice President Kamala Harris have each been vocal in supporting the crypto trade ought to they lead the federal government.
In September, Harris mentioned throughout a US presidential marketing campaign that, if elected, she would assist grow investment in artificial intelligence and crypto. She has additionally promised to support a “regulatory framework for cryptocurrency and other digital assets.”
Meanwhile, Trump has mentioned he’ll make America the “crypto capital of the world.” Trump has additionally backed a crypto mission referred to as World Liberty Financial, which plans to launch a stablecoin linked to the US greenback. Raising $14 million in preliminary funding, the mission plans to capitalize on the rising demand for stablecoins.
