JAKARTA - Donald Trump Jr., the eldest son of former US President Donald Trump, recently rocked social media with a surprising statement. Through platform X, he stated that his father was the best choice for bitcoin, while sharing an opinion article from Bitcoin Magazine.
The article, written by Brian Morgenstern, lauds former President Trump's commitment to bitcoin, describes him as a bulwark of defense against regulations that could hinder the development of this digital asset.
In a speech delivered at the Libertarian National Convention, Trump Sr. condemned the current government policy that is considered restrictive to crypto. He promised to protect the rights of bitcoin owners to manage their assets independently and oppose the establishment of central bank digital assets (CBDC).
Reporting from BitcoinNews, Morgenstern stressed that Trump's campaign is of great interest to bitcoin and crypto proponents in general, drawing parallels with global pro-bitcoin leaders, who underline their dedication to a decentralized financial ecosystem.
Meanwhile, Morgensern criticized the Biden administration for its hostile stance on the crypto industry, highlighting initiatives such as Operation Choke Point 2.0 and burdensome tax proposals for BTC mining.
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In addition, Morgenstern called Senator Elizabeth Warren's aggressive legislative efforts to limit bitcoin activities in the US as authoritarian policy, which puts US policies on a worrying path.
Trump's electoral promise, as outlined by Morgenstern, offers clear differences, supports BTC's role in revolutionizing the US financial and energy sectors as well as defending the industry from overregulation.
Interestingly, when Trump Jr. argued that his father was the best candidate for Bitcoin, the son of incumbent President Joe Biden, Hunter Biden, was found guilty of three counts of gun abuses on Tuesday. Hunter Biden faces a sentence of up to 25 years and will be sentenced by US District Judge Maryellen Noreika.
Donald Trump Jr.'s statement received various reactions from the bitcoin community. Wayne Vaughan, a prominent bitcoiner, responded in the X post, showing his support and admiration for Trump's pro-bitcoin attitude.
In an increasingly heated political situation ahead of the upcoming presidential election, Trump's position on bitcoin and crypto may be an important factor affecting voters, especially those involved in the crypto world. Trump Jr.'s support added a new dimension to this discussion, suggesting that the issue of bitcoin and crypto has become an integral part of the political campaign in the United States.
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