Trump Has Been a Critic Of the Crypto Industry
It has come as a surprise to many after Donald Trump announced the launch of his NFT collection despite being a strong crypto critic himself. When he was still active on Twitter, the former president criticized the industry several times, saying it was a joke with no value.
In a post that has now been deleted, the former president said, "I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated crypto assets can facilitate unlawful behavior, including drug trade and other illegal activity."
So it had come as a big surprise to many that the former industry critic is now promoting the sale of his NFT within the same industry. While many might overlook this, many things point out that Trump might just be selling these cheaply made NFTs because of funds needed for the upcoming elections in 2024.
