During his last presidency, Trump had argued that cryptocurrencies were not currencies, that their value fluctuated wildly, that they were scams, that unregulated crypto assets could be used for drug trade and other illegal activities, that "a catastrophe is about to happen," and that the only real currency in the United States was the dollar. But starting in 2022, he changed his attitude, believing that the crypto industry was "a steel industry 100 years ago, and now it is still in its infancy", and "the market value of bitcoin may surpass gold", and actively invested in crypto assets, and the relationship with the crypto circle has been growing.

After confirming his participation in the 2024 presidential campaign, Trump has a more positive attitude towards Bitcoin, claiming to be the president who supports innovation and Bitcoin, and proposes a very radical Bitcoin New Deal, which mainly includes: the United States to become the world's undisputed Bitcoin mining power, ensuring that the United States becomes the world's cryptocurrency capital and Bitcoin superpower; Ensuring the supply of electricity for bitcoin mining, deregulating cryptocurrencies, and firing the current chairman of the U.S. Securities and Exchange Commission (SEC) on his first day in office, who has a strong regulatory attitude towards cryptocurrencies; Establish a national strategic reserve of bitcoins, and purchase more than 1 million bitcoins on the basis of the bitcoins already seized by the government; During his presidency, he will never launch a digital dollar (CBDC) and strengthen the president's control over the Federal Reserve, among other things.

During his last presidency, Trump had argued that cryptocurrencies were not currencies, that their value fluctuated wildly, that they were scams, that unregulated crypto assets could be used for drug trade and other illegal activities, that "a catastrophe is about to happen," and that the only real currency in the United States was the dollar. But starting in 2022, he changed his attitude, believing that the crypto industry was "a steel industry 100 years ago, and now it is still in its infancy", and "the market value of bitcoin may surpass gold", and actively invested in crypto assets, and the relationship with the crypto circle has been growing.

After confirming his participation in the 2024 presidential campaign, Trump has a more positive attitude towards Bitcoin, claiming to be the president who supports innovation and Bitcoin, and proposes a very radical Bitcoin New Deal, which mainly includes: the United States to become the world's undisputed Bitcoin mining power, ensuring that the United States becomes the world's cryptocurrency capital and Bitcoin superpower; Ensuring the supply of electricity for bitcoin mining, deregulating cryptocurrencies, and firing the current chairman of the U.S. Securities and Exchange Commission (SEC) on his first day in office, who has a strong regulatory attitude towards cryptocurrencies; Establish a national strategic reserve of bitcoins, and purchase more than 1 million bitcoins on the basis of the bitcoins already seized by the government; During his presidency, he will never launch a digital dollar (CBDC) and strengthen the president's control over the Federal Reserve, among other things.