“Bitcoin is incredible and removes pressure to the dollar,” says President Donald Trump

During a recent press conference, the president of the United States, Donald Trump, openly praised Bitcoin (BTC) and the cryptocurrency industry in general. He said that this sector has become an important source of employment and economic growth for the country.

Trump said Bitcoin “is incredible” and He highlighted his role in reducing pressure on the US currency. «I have noticed that more and more people pay with Bitcoin. Many say that it takes away a lot of pressure to the dollar, and that is something excellent for our country, ”he said.

The businessman and politician also recalled that his link with the ecosystem began a couple of years ago. “I was in Bitcoin then, not knowing if I was going to apply for a new mandate,” he said. In this way, he acknowledged having supported the sector before deciding his return to the presidential contest.

In addition, He emphasized that his government has contributed to the strengthening of the cryptocurrency industrywhich, according to his vision, the United States could not leave in the hands of foreign powers such as China. «If we did not have it, it would have China, or someone else. But most likely I would like China, and now we have dominated that industry, ”he said.

The president also highlighted Bitcoin’s solidity compared to other markets. “When the bag fell recently, cryptocurrencies and Bitcoin got much less than the rest,” he said.

These statements were shared by Michael Saylor, Strategy leader – the public contribution signature with more Bitcoin in the world – and one of the main institutional promoters of Bitcoin. This entrepreneur has been a usual Trump ally in the defense of the use and expansion of BTC as part of a national economic strategy.

From his return to the presidency, Trump has sought to fulfill his campaign promises with the Bitcoiner community. Pardon Ross Ulbrich, founder of Silk Road, eliminated regulations that restricted the ecosystem and He signed an executive order authorizing the creation of a Bitcoin reserve. These actions reflect a proactive approach to the industry, unlike that adopted by the previous administration, by Joe Biden.

In addition, the President has expressed his willingness to sign the Genius law to regulate the USD Stablcoins, as reported by cryptootics. This already has the approval of the Senate and is expected to be debated in the House of Representatives.

This legislation establishes strict requirements for stable currency issuers, demanding that assets be fully backed by US dollars or equivalent liquid active.