Trump launches his crypto venture to the surprise and skepticism of many

During a livestream interview on X, Trump introduced his new company, World Liberty Financial, noting that the management of this cryptocurrency company would be entrusted to his children, with Don Jr. occupying a leading role in the business.

Trump thus seems to have changed his mind about digital currencies, which he had previously strongly criticized during his presidential term.

In 2019, he tweeted several times on the subject, stating in particular that he was not a fan of Bitcoin or other cryptocurrencies, which he considered not to be money and whose value is extremely volatile and speculative.

He also argued that cryptocurrencies could facilitate illegal activities such as money laundering and terrorist financing.

According to Trump in 2019, the United States has a strong currency, with the dollar being the world’s reserve currency, stable and reliable.

Trump has changed his stance and now expresses his enthusiasm for the future of cryptocurrencies.

With the help of his sons and partners, led by Don Jr., he now presents cryptocurrencies as a means of achieving financial independence from traditional banks, which he and his family believe are biased towards conservatives.

According to Don Jr. during the livestream, World Liberty Financial was conceived as a lending and borrowing service designed to simplify cryptocurrency transactions, offering a path to financial emancipation.

Will you place your trust in Trump for your cryptocurrency transactions?