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From Mediate:
Trump has certainly changed his tune on cryptocurrency. In an interview with Fox Business in 2021, the former president called Bitcoin – the most famous cryptocurrency – a scam.
“Bitcoin just seems like a scam,” he said. “With us, it was $6,000 and much lower. I don’t like it because it’s another currency competing against the dollar. Essentially, it’s a currency competing against a dollar. I want the dollar to be the currency of the world. That’s what I’ve always said.”
Not everyone in the crypto space welcomes the former president’s foray into the business.
“This is a huge mistake,” a Trump-supporting partner at crypto-focused venture firm told Politico last month. “It looks like Trump’s inner circle is just cashing in on his recent embrace of crypto in a kind of naive way, and frankly it looks like they’re burning a lot of the good will that’s been built with the industry so far.”
Last month, CoinDesk reported that four of the people listed as members of World Liberty Financial built a blockchain that was recently hacked.