Former US President Donald Trump’s recent stance on Bitcoin. Trump said he would not crack down on Bitcoin if he is re-elected as president in November. This contrasts with his previous negative comments about Bitcoin. Although he still does not support Bitcoin competing with the US dollar, he acknowledges that Bitcoin is already widely used and has vitality. Trump also mentioned that while he doesn’t own Bitcoin himself, he allows people to use Bitcoin to pay for his products, such as his recently released gold sneakers. The shoes were released at Sneaker Con in Philadelphia for $399 and sold out quickly. Trump said he was surprised to notice that many products were paid for in Bitcoin. Still, he supports the dollar's dominance.
