President Trump Acknowledges Bitcoin’s Role in Strengthening U.S. Economic Power
In a surprising but decisive move, President Donald Trump called Bitcoin “amazing” during a recent White House press briefing, suggesting that the world’s leading cryptocurrency is playing a crucial role in easing pressure on the U.S. dollar. This comes amid heated political debates surrounding crypto regulation and the president’s own digital asset involvement.
Trump: “Bitcoin Helps the Dollar — And Builds Jobs”
Speaking candidly at the briefing, Trump stated:
“People are saying [Bitcoin] takes a lot of pressure off the dollar, and it’s a great thing for our country.”
He further emphasized that Bitcoin is not just a digital asset, but a key contributor to job creation and economic innovation in the U.S.
“It’s become amazing. It’s the jobs that it produces,” he added.
These comments reflect a significant shift from Trump’s earlier skepticism during his 2016–2020 term, marking a more open stance toward crypto in his 2025 presidency.
A Growing Conflict: Crypto Industry vs. Political Pushback
While Trump champions crypto’s benefits, Democratic lawmakers are pushing back, citing conflicts of interest tied to his family’s crypto ventures. Notably, Trump recently disclosed $57 million in crypto-related income through World Liberty Financial (WLF) — a DeFi platform associated with his sons.
In response, Senator Adam Schiff introduced the COIN Act, a bill designed to restrict public officials — including the President — from profiting directly through digital assets.
Still, Trump remains unfazed:
“I have my kids, and they invest in different things. They do believe in it… But I’m president, and what I did do there is build an industry that’s very important.”
Bitcoin Seen as Strategic Defense Against China
Trump also underscored Bitcoin’s geopolitical importance, arguing that without American leadership in crypto:
“China would, or somebody else would… but most likely China.”
He credited his administration with ensuring that the U.S. leads in crypto adoption and development — calling it a national strength and strategic advantage.
Conclusion: Bitcoin Enters the White House Spotlight
President Trump’s praise for Bitcoin marks a turning point for U.S. crypto policy, signaling possible mainstream acceptance and regulatory acceleration. Whether or not political tensions disrupt this momentum, the president’s latest comments confirm that Bitcoin is no longer a fringe topic — but a national economic pillar.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.