Trump Calls Bitcoin Amazing, Credits It For Job Growth

Donald Trump, the former U.S. President, has recently made a significant shift in his stance on Bitcoin, now referring to it as “amazing” and taking credit for its rise. This dramatic change marks a departure from his earlier critical views on cryptocurrencies. Trump's newfound support for Bitcoin comes as the U.S. positions itself as a global leader in cryptocurrency innovation, framing it as a strategic advantage over other nations, particularly China.

During a White House Conference, Trump highlighted the positive impact of Bitcoin on job creation and the strengthening of America’s financial system. He stated, “I got involved with it a couple of years ago, and before the second term. It’s become amazing. I mean, it’s the jobs that it produces, and I notice more and more of you pay in Bitcoin.” Trump also claimed that he had “built the crypto industry” and suggested that the adoption of cryptocurrencies had eased pressure on the U.S. dollar.

This shift in Trump's perspective is notable given his previous criticism of Bitcoin. In 2021, when El Salvador announced Bitcoin as legal tender, Trump labeled it a “scam” and a threat to the U.S. dollar. However, by 2025, Trump had implemented a series of pro-crypto regulations, launched a crypto venture with his family, and rebranded himself as a digital asset pioneer. This policy shift includes supporting blockchain startups, ETFs, and even crypto payments, positioning the U.S. as a hub for cryptocurrency innovation.

Trump also framed cryptocurrency as a geopolitical tool, stating that if the U.S. hadn’t embraced it, “China would’ve taken it.” This statement underscores the competitive nature of the global race for crypto leadership. While the U.S. is promoting widespread crypto adoption, China has taken a different approach by outlawing private crypto ownership and pushing for central bank digital currencies (CBDCs). This contrast highlights the geopolitical stakes involved in the adoption and regulation of cryptocurrencies.

Trump’s endorsement of Bitcoin could be a pivotal moment in the global acceptance of cryptocurrencies. Whether seen as political rebranding or visionary leadership, his support for Bitcoin adds fuel to the narrative that the U.S. is racing to become the world’s crypto capital. With a regulatory framework in place, America is rapidly becoming the center of the digital asset world, potentially setting the tone for global adoption.