{"id":134306,"date":"2024-07-28T00:26:34","date_gmt":"2024-07-27T21:26:34","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134306"},"modified":"2024-07-28T00:26:34","modified_gmt":"2024-07-27T21:26:34","slug":"donald-trump-there-will-never-be-a-cbdc-in-the-u-s-if-i-am-elected","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/donald-trump-there-will-never-be-a-cbdc-in-the-u-s-if-i-am-elected\/","title":{"rendered":"Donald Trump: &#8220;There Will Never be a CBDC in the U.S. if I am Elected&#8221;"},"content":{"rendered":"<p>Donald Trump\u2019s positive change of opinion towards <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>and crypto has been all over the news this year. Although it is most likely because he wants to attract more voters, rather than help the development of the technology, his endorsment is very much welcome by the whole community.<\/p>\n<p>While giving his speech in Nashvile, he made some interesting promises. One of them was that he would <strong><a href=\"https:\/\/cryptodnes.bg\/en\/goodbye-gary-gensler-donald-trump-vows-to-overhaul-sec-if-elected\/\">fire<\/a> <\/strong>the current SEC Chairman if elected. Gary Gensler has been known for his \u201ccrusade\u201d against the crypto space and with him out of the picture, things could probably get a lot better.<\/p>\n<p>Another thing that Trump said, which resonated with crypto enthusiasts is that if he is elected, there will never be a central bank digital currency (CBDC) in the United States.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-134301\" href=\"https:\/\/cryptodnes.bg\/en\/the-us-will-be-the-crypto-capital-of-the-planet-and-the-worlds-bitcoin-superpower-donald-trump\/\" title=\"The US Will be The Crypto Capital of The Planet And The World&#8217;s Bitcoin Superpower &#8211; Donald Trump\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/AP_19201004713022-1000x667-1-e1681988759576-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">The US Will be The Crypto Capital of The Planet And The World&#8217;s Bitcoin Superpower &#8211; Donald Trump<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>He also opposed the issuance of CBDC during a speech in Portsmouth, New Hampshire a while back. This stance aligns with the general sentiment following last September\u2019s Congressional debate, which highlighted the significant challenges a CBDC would face in gaining approval. The majority of Republicans, along with some Democrats, are against it.<\/p>\n<p>Trump assured the audience that, as President, he would prevent the creation of a CBDC, arguing that such a currency would grant the federal government excessive control over personal finances. He warned that the government could potentially seize money without citizens\u2019 knowledge, posing a severe threat to individual freedoms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump reiterated his position against a central bank digital currency (CBDC) in the United States during the 2024 Bitcoin conference in Nashvile.<\/p>\n","protected":false},"author":3,"featured_media":34256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[72,424,234,122],"coin_category":[],"class_list":["post-134306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-bitcoin","tag-crypto","tag-donald-trump","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Donald Trump: 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