{"id":260559,"date":"2024-09-23T17:50:53","date_gmt":"2024-09-23T17:50:53","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/23\/donald-trump-says-crypto-could-help-pay-off-35-trillion-u-s-debt\/"},"modified":"2025-06-25T17:11:10","modified_gmt":"2025-06-25T17:11:10","slug":"donald-trump-says-crypto-could-help-pay-off-35-trillion-u-s-debt","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/23\/donald-trump-says-crypto-could-help-pay-off-35-trillion-u-s-debt\/","title":{"rendered":"Donald Trump Says Crypto Could Help Pay Off $35 Trillion U.S. Debt"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjA3MDg5NzM4MzAwMDA4NDI4\/donald_trump_32758233090.jpg\" \/><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/tags\/donald-trump\">Donald Trump<\/a> has increasingly embraced Bitcoin and crypto during his 2024 presidential campaign. Recently, when asked about the future of crypto, Trump responded that he thinks &#8220;crypto has got a great future&#8221; and floated using it to pay off the $35 trillion U.S. national debt.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: \ud83c\uddfa\ud83c\uddf8 Donald Trump says, \u201cI think crypto has got a great future. Maybe we will pay off the $35 trillion\u201d with it. <a href=\"https:\/\/t.co\/R5k4FU3Nah\">pic.twitter.com\/R5k4FU3Nah<\/a><\/p>\n<p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1838139837729181982?ref_src=twsrc%5Etfw\">September 23, 2024<\/a><\/p><\/blockquote>\n<p>Trump has now often spoken positively about Bitcoin. Recently, <a href=\"https:\/\/bitcoinmagazine.com\/politics\/donald-trump-makes-historic-bitcoin-payment-at-pubkey\">he became the first U.S. president to make a Bitcoin transaction<\/a> when he bought cheeseburgers using the Bitcoin at New York&#8217;s Bitcoin-friendly PubKey bar.<\/p>\n<p>The former president said at a recent event that crypto has &#8220;got a great future&#8221; and teased the possibility of using Bitcoin and crypto to pay off the nation&#8217;s $35 trillion debt obligations.<\/p>\n<p>This aligns with Trump&#8217;s previous positive statements about Bitcoin and crypto, as he courts the growing Bitcoin and crypto voter bloc. He has promised to make the U.S. the &#8220;crypto capital of the world&#8221; if elected again.<\/p>\n<p>Meanwhile, his opponent Kamala Harris made her first crypto-related pledge at a New York fundraiser. She stated her administration would &#8220;encourage innovative technologies like A.I. and digital assets, while protecting our consumers and investors.&#8221;<\/p>\n<p>While Harris did not explicitly mention Bitcoin or crypto, the comment signals a positive stance as she vies for crypto-friendly voters. It contrasts with her previous silence on the issue.<\/p>\n<p>With both leading presidential candidates now openly discussing Bitcoin and crypto-related policies, it seems Bitcoin and crypto are entering the political mainstream.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/business\/donald-trump-says-crypto-could-help-pay-off-35-trillion-u-s-debt\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Donald Trump has increasingly embraced Bitcoin and crypto during his 2024 presidential campaign. Recently, when asked about the future of crypto, Trump responded that<\/p>\n","protected":false},"author":1,"featured_media":260560,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/260559"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=260559"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/260559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/260560"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=260559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=260559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=260559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}