U.S. President Donald Trump said Bitcoin (CRYPTO: BTC) is helping relieve pressure on the U.S. dollar, calling its increasing adoption “a great thing for our country.”
Speaking about the evolving role of Bitcoin in the economy, Trump said that more people are using it for payments and that the digital asset has become an important part of the financial system.
“I noticed more and more you’re paying Bitcoin,” Trump said. “People are saying it takes a lot of pressure off the dollar. And it’s a great thing for our country.”
Trump clarified that he does not personally invest in Bitcoin, but said, “I have my kids and they invest in different things. They do believe in it.”
His comment aligns with the known fact that members of the Trump family have been publicly supportive of cryptocurrencies.
In particular, his son Eric Trump has emerged as a prominent advocate for Bitcoin.
Eric has regularly spoken …