Ramazan Eles 
U.S. presidential candidates Donald Trump and Kamala Harris have once again clashed on the crypto front.
Former President Donald Trump recently shared his thoughts on cryptocurrencies, prompting Kamala Harris’s campaign to spotlight his remarks.
Trump: Bitcoin Could Address $35 Trillion Debt
Donald Trump highlighted the potential benefits of the U.S. government adopting cryptocurrencies, specifically Bitcoin, as a solution to the nation’s colossal debt. In a recent interview with Maria Bartiromo on Fox Business, Trump praised the “very smart people” in the crypto industry and suggested that embracing Bitcoin could help tackle the $35 trillion national debt. Trump stated, “Who knows? Maybe we pay off our $35 trillion debt, give them a little crypto check, right? A little bitcoin, and we wipe out our $35 trillion debt.”
Harris: Trump’s Crypto Remarks Under Scrutiny
Although Kamala Harris has yet to clearly define her stance on cryptocurrencies, her campaign team quickly criticized Trump’s comments. Using their rapid response campaign account on the X platform, Harris’s team highlighted the impracticality of Trump’s proposal and questioned his understanding of the issue.
During his interview, Trump also took the opportunity to criticize President Joe Biden’s administration and its stance on cryptocurrencies. He accused Biden of trying to shut down the crypto industry, claiming, “Biden is trying to shut it down – Biden doesn’t have the intelligence to shut it down.” Trump argued that if the U.S. doesn’t embrace cryptocurrencies, other countries will, thus putting the U.S. at a disadvantage.
Cryptocurrencies have garnered significant attention in recent years, with many viewing them as the future of finance. However, there is considerable debate among experts regarding the feasibility of using these digital assets to solve massive economic issues like national debt. Trump’s assertions have reignited discussions about the role of cryptocurrencies in addressing such challenges.
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