Trump Touts Bitcoin Adoption as Pressure Shifts from US Dollar
President Donald Trump has reaffirmed his support for Bitcoin (BTC) and the wider web3 space, stating that more people are using cryptocurrency as a form of payment.
In an interview with Punchbowl posted on August 7, Trump emphasized the growing mainstream adoption of Bitcoin, saying 'I see it more and more where people are paying with Bitcoin, and you know they don't even know about cash anymore.'
He argued that this shift takes pressure off the U.S. dollar, calling it a positive development for the country.