US Senator: Trump Views Bitcoin as a 'Store of Value' Technology

IconCryptoNewsTerminal Staff19 Jul, 2024

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US Senator: Trump Views Bitcoin as a 'Store of Value' Technology

Pro-crypto US Senator Cynthia Lummis recently revealed that former President Donald Trump sees Bitcoin as a "store of value" technology, according to Bitcoin Magazine. Lummis made the comments during a recent interview with Fox Business. This statement from Senator Lummis provides insight into Trump's evolving views on Bitcoin, which have shifted from skepticism in the past. The former president has previously expressed concerns about the volatility of Bitcoin, but his recent comments suggest that he may be warming up to the potential of the digital currency as a store of value.