Trump Vows to End Harris’ War on Crypto as Bitcoin White Paper Celebrates 16th B-Day

In the upcoming presidential election, former President of the United States and Republican Party candidate Donald Trump has renewed his promise to end the war on crypto against his Democratic rival, Kamala Harris.

The pledge was made on Twitter to mark the 16th anniversary of the Bitcoin White Paper written by anonymous network creator Satoshi Nakamoto.

Respecting the Bitcoin White Paper

On October 31, the crypto community celebrated the 16th anniversary of the publication of the Bitcoin white paper. On October 31, 2008, Nakamoto posted a document titled “Bitcoin: A Peer-to-Peer Electronic Cash System” to a secret mailing list operated by the Cypherpunks group. These individuals discussed the construction of a digital currency and payment system, and Nakamoto's actions brought forth their ideas. to life.

While the nine-page document received mixed reviews, it served as the foundation for today's trillion-dollar industry. The Bitcoin White Paper led to the creation of blockchain technology, which sparked a financial revolution that began to promote decentralization.

Over the past 16 years, the crypto industry has seen the creation of millions of cryptocurrencies and around 759 exchanges, with a total market capitalization of $2.42 trillion. Although the market is expanding significantly, Bitcoin continues to dominate, occupying about 58.9% of the total market share with a BTC price of $69,000 at press time.

Bitcoin has also been recognized by many countries, and traditional financial institutions are adopting the digital currency as their treasury asset. Many analysts believe that the crypto asset is a suitable store of value for long-term investments.

Ending the War on Crypto

As Trump continues to run for the US presidency, he has become more involved with the crypto industry. A few weeks ago, he unveiled his crypto project, World Freedom Finance (WLF), a decentralized finance protocol. The project has held a public token sale and plans to launch a stablecoin soon.

Trump's pro-crypto stance has led the president to pledge to support the industry if he wins the election. He has repeatedly promised to kick out anti-crypto politicians and keep the rest of BTC mined in the US.

“We will end the Kamalan war on crypto, and Bitcoin will be made in America! Vote Trump!” He said on Thursday.