Trump Makes Last Appeal to Crypto Voters, Claims All Bitcoin to be Made in USA if Elected
Trump reaches out to crypto supporters with bold promises
As Election Day draws closer in the United States, former President Donald Trump has made a last-ditch effort to win over the crypto community. With many Americans already casting early ballots, Trump took to his social media platforms on Oct. 31, urging his followers to support him in the 2024 presidential race. He promised, if elected, to bring all Bitcoin production within U.S. borders, claiming, “All Bitcoin will be made in the USA.”
Trump’s post, shared on both Truth Social and X, celebrated the 16th anniversary of the Bitcoin white paper and criticized current administration policies. He vowed to end what he described as Vice President Kamala Harris’s “war on crypto,” despite Harris’s own public commitment to supporting the industry.
Recent polls indicate a tight race between Harris and Trump in key battleground states, where early voting is set to close on Nov. 1 in states like Georgia, Texas, and Arizona. Voters in some regions can still vote until Election Day on Nov. 5, leaving both campaigns in a race against time.
Trump’s recent statements mark a sharp pivot from his previous stance. In 2021, he openly dismissed Bitcoin as “based on thin air” and labeled it a “scam.” Now, he’s courting crypto enthusiasts with additional pledges, including restricting Bitcoin mining to the U.S., blocking the development of a central bank digital currency, and even considering a pardon for Silk Road founder Ross Ulbricht.
Adding to the social media frenzy, Michael Saylor, executive chair of MicroStrategy, posted a fabricated quote suggesting Trump intended to abolish capital gains tax on crypto, which quickly spread despite being unverified. As misinformation and campaign promises blur, crypto voters are left weighing Trump’s newfound enthusiasm for digital assets against his track record.