In recent years, politicians from across the political spectrum have begun to show support for the cryptocurrency industry. Senate Majority Leader Chuck Schumer and former President Trump, who initially rejected the industry, have both changed their views on the matter.
Former President Trump, in a surprising turn of events, gave a pro-crypto keynote speech at the Bitcoin Conference in Nashville this summer. During his speech, Trump compared Bitcoin to the steel industry of a hundred years ago and expressed his desire for crypto to be mined, minted, and made in the USA. In a further show of support, Trump recently purchased a burger using cryptocurrency at Pubkey, a popular “Bitcoin bar” in NYC.
This shift in attitude from high-profile politicians indicates a growing acceptance of cryptocurrency as a legitimate and influential industry. As more politicians embrace crypto, the future of digital currency in the United States looks promising.
