#TrumpVsPowell Donald Trump’s Views on Crypto:
Skeptical & Critical (at least publicly until recently):
In 2019, Trump said he was “not a fan of Bitcoin and other cryptocurrencies.”
He believed crypto could be used for illegal activity and could undermine the U.S. dollar.
Called crypto “a disaster waiting to happen” in some interviews.
Recent Shift (2024-2025):
Trump has become more open, especially as he campaigns.
He's used crypto-friendly language to appeal to younger and pro-tech voters.
Promoted “financial freedom” and less regulation in crypto, especially to contrast with Democratic policies.
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Jerome Powell’s Views on Crypto:
Cautious & Regulatory:
Powell has consistently warned about the risks of crypto, including:
Volatility
Investor protection
Money laundering
Supports strong regulation of the crypto space.
CBDC (Central Bank Digital Currency):
Under Powell, the Fed has explored a digital dollar (U.S. CBDC).
But Powell has said the Fed will not issue one without Congressional approval.