News > 'China will dominate' if US ignores crypto, warns Trump at Bitcoin 2024 convention

'China will dominate' if US ignores crypto, warns Trump at Bitcoin 2024 convention

28/07/2024 08:09 PM | Click to read full article

In his latest effort to court crypto advocates ahead of the November 5 presidential election, Republican presidential candidate Donald Trump said, "If we don't embrace crypto and bitcoin technology, China will, other countries will." Trump, who once dismissed bitcoin as a "scam," positioned himself as the pro-cryptocurrency candidate and said, "They'll dominate, and we cannot let China dominate. They are making too much progress as it is."

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