Donald Trump, the former U.S. president who’s running in this year’s White House race on the Republican ticket, has surprised many with his embrace of bitcoin and crypto this year.
Trump’s support of bitcoin—a complete flip from 2019 when he railed against crypto—comes after he made millions from a series of crypto-based digital trading card collections and puts him alongside Wall Street giants and Shark Tank billionaire Mark Cuban as a crypto convert.
Now, after Treasury secretary Janet Yellen admitted her fears over the future of the U.S. dollar, Trump has floated the possibility of using bitcoin to pay off the U.S.’s $35 trillion debt pile—which is adding $1 trillion every 100 days and could fuel a bitcoin price boom.
