Trump Vows to End Harris’ War on Crypto as He Celebrates Bitcoin White Paper’s 16th B-Day

Donald Trump, the former president of the United States and the Republican candidate for the upcoming presidential election, has renewed his promise to end his Democratic rival Kamala Harris’s war on crypto.

The promise was made in a tweet celebrating the 16th anniversary of Bitcoin’s white paper, written by Satoshi Nakamoto, the network’s pseudonymous creator.

Celebrating the Bitcoin White Paper

On October 31st, the crypto community celebrated the 16th anniversary of the publication of the Bitcoin White Paper. Nakamoto posted the paper titled Bitcoin: A Peer-to-Peer Electronic Cash System to a crypto mailing list operated by a group of cypherpunks on October 31, 2008. These individuals discussed the construction of a digital currency and a payment system, and Nakamoto’s actions contributed to his ideas. in life

Although the nine-page document was met with mixed reactions, it has served as the basis for an industry that is now worth trillions of dollars. Bitcoin’s white paper led to the invention of blockchain technology, sparking a financial revolution that drove decentralization.

Over the past 16 years, the crypto industry has witnessed the creation of millions of cryptocurrencies and about 759 exchanges, with a total market capitalization of $2.42 trillion. Although the market has expanded significantly, bitcoin remains dominant, retaining around 58.9% of the total market share with a value of $69,000 per BTC at press time.

In addition, Bitcoin has gained recognition from several countries, and traditional financial companies are increasingly adopting the digital currency as a treasury reserve asset. Many analysts believe that the crypto asset is an ideal store of value for long-term investments.

Ending the War on Crypto

As Trump continues his run for the presidency of the United States, he has become more involved with the crypto industry. A few weeks ago, he unveiled his crypto project, the decentralized finance protocol World Liberty Financial (WLF). The project has held a public token sale and plans to launch a stablecoin soon.

Trump’s pro-crypto stance has led the presidential candidate to pledge to support the industry after his election victory. He has repeatedly promised to fire anti-crypto politicians and ensure that the rest of BTC will be mined in the US.

“We will end Kamala’s war on crypto, and Bitcoin is MADE IN THE USA! VOTE TRUMP!” he said Thursday.

SPECIAL OFFER (Sponsored) Binance Free $600 (Exclusive to CryptoPotato): Use this link to register a new account and receive an exclusive welcome offer of $600 to Binance (full details).

2024 LIMITED OFFER on BYDFi Exchange – Up to $2888 Welcome Reward, Use this link to register and open a 100 USDT-M position for free!