A surprising post about Bitcoin was shared on the White House’s official X account on a Saturday night. The post declared, “America as the world’s Bitcoin superpower,” echoing a slogan from the Trump administration, “America’s golden age has begun.”
It included a photo of former President Donald Trump signing the Bitcoin Strategic Reserve Executive Order alongside David Sacks, the US cryptocurrency and artificial intelligence chief.
This unexpected post did not sit well with economist Peter Schiff, who is known for his negative views on Bitcoin and cryptocurrencies. Schiff expressed his anger by questioning who was responsible for the post and who controlled the White House’s X account.
He also wondered if Trump was aware of the post and criticized it, saying, “What a disgrace that the office of the presidency is being used for the benefit of a few speculators and to the detriment of the country.”
Despite the US administration’s recent actions regarding Bitcoin and cryptocurrencies, the price of Bitcoin remains at around $85,890.
Judith Faith
Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.
