• Former President Donald Trump wished Bitcoin a happy 16th birthday and criticized Vice President Kamala Harris for her “war on crypto”
• Trump pledged to end the “unlawful and un-American crackdown on the US crypto industry” if elected
• The Biden administration has been viewed as unfriendly toward digital assets by some in the crypto industry
Former President Donald Trump sent birthday wishes to Bitcoin on its 16th anniversary while taking a jab at Vice President Kamala Harris.
Background on Bitcoin’s Birthday
Bitcoin turned 16 years old on Thursday. In 2008, Bitcoin’s pseudonymous creator Satoshi Nakamoto released the infamous Bitcoin white paper, which detailed how the cryptocurrency would be structured.
The price of Bitcoin since then has skyrocketed to over $70,000 and is inching closer to an all-time high above $73,700.
Trump’s Comments on Bitcoin’s Birthday
The Republican candidate’s comments come less than a week out from the U.S. presidential election. Trump has made his own pledge to “end an unlawful and un-American crackdown on the U.S. crypto industry” and has backed a crypto project called World Liberty Financial.
Vice President Harris meanwhile has said her administration would encourage innovative technologies like AI and digital assets while protecting consumers and investors, according to her 80-page economic plan.
The Biden administration has been viewed as unfriendly toward digital assets by some in the crypto industry. President Joe Biden’s move to nominate Gary Gensler for example to lead the U.S. Securities and Exchange Commission has since garnered criticism from crypto stakeholders who say he has taken on a “regulation by enforcement” approach.
Conclusion
Trump wished Bitcoin a happy sweet 16th birthday while taking a dig at fellow presidential candidate Kamala Harris. “I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper! We will end Kamala’s war on crypto! Bitcoin will be MADE IN THE USA! VOTE TRUMP! #Bitcoin #FreeRoss #DayOne,” Trump said on [social media platform].
