Trump Urges US Government to Cease Sale of Bitcoin

IconCryptoNewsTerminal Staff05 Aug, 2024

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Trump Urges US Government to Cease Sale of Bitcoin

In a recent interview, former US President Donald Trump stated that "the US government should stop selling Bitcoin." During a conversation with streamer Adin Ross, Trump acknowledged the transformative nature of cryptocurrencies and compared them to artificial intelligence (AI). He stressed the crucial role of the US in embracing this technology to avoid falling behind rivals like China. Trump's remarks come on the heels of the US government's transfer of 29,800 BTC (valued at approximately $2 billion) to an unidentified address. This transfer was linked to the dark web marketplace Silk Road. ```