Trump Calls Bitcoin "Great", Says "I Built the Bitcoin Industry"

Donald Trump is currently calling Bitcoin "Awesome" and positioning the United States as the leading nation globally in cryptocurrency innovation. Once a critic of Bitcoin, Trump has now emerged as a champion of the digital asset economy, noting that cryptocurrency has created jobs and strengthened the financial system of the United States. His recent statements mark a significant turning point from his previous position and add fuel to the increasingly widespread narrative that the United States is racing to become the cryptocurrency capital of the world. Trump: "Bitcoin is Great" Speaking at the White House conference on Friday, Trump became the center of attention as he praised Bitcoin, even taking credit for its increase: "I got into it a few years ago, and before the second term," Trump said. "It has become great. I mean, it's the jobs that it creates, and I see more and more of you paying with Bitcoin."

He also claims to be a "builder of the cryptocurrency industry" and believes that the adoption of cryptocurrencies has alleviated pressure on the US dollar. From "Scam" to "Savior": Trump makes a 180-degree turn on cryptocurrency Back in 2021, when El Salvador announced Bitcoin as legal tender, Trump called it a "scam" and a threat to the US dollar. Fast forward to 2025, Trump proposed a series of regulations supporting cryptocurrency, launched a cryptocurrency project with his family, and rebranded himself as a pioneer in digital assets. This change comes as Trump prepares to transform the United States into a leading cryptocurrency power, overseeing a major policy shift to support blockchain startups, ETFs, and even cryptocurrency payments. His new perspective includes praising Bitcoin for creating jobs, innovation, and the evolution of currency. United States and China: The cryptocurrency arms race Trump does not stop at praising Bitcoin. He views cryptocurrency as a geopolitical tool, stating that if the United States does not embrace it, "China will take it over." According to him, the cryptocurrency industry is one that the United States will be leading—and will lose. While Trump supports the widespread adoption of cryptocurrency, China has banned the ownership of private cryptocurrencies, instead promoting the central bank's digital currency (CBDC). The contrast between the two global powers highlights the geopolitical factors of cryptocurrency leadership. Final thought: Trump's shift on cryptocurrency will set the tone for global adoption. The man who once called Bitcoin a "scam" now claims to have laid the foundation for its global rise. With the legal framework established, the United States is quickly becoming the center of the digital asset world. Whether you see it as a political rebranding or visionary leadership, Trump's endorsement of Bitcoin could be the decisive moment that brings cryptocurrency into mainstream global acceptance.