Hailing the Trump administration’s vow to become the cryptocurrency capital of the world to counter China’s aversion to it in lieu of its leaning into artificial intelligence, Vice President JD Vance urged Bitcoin backers to use their innovative spirit and voice to advance American exceptionalism and freedom.
“There’s an incredibly value conservative element to crypto technology, and that’s as a hedge: Crypto is a hedge against bad policymaking from Washington,” Vance told the Bitcoin 2025 at the Venetian in Las Vegas, Nevada, on Wednesday.
“No matter what party is in control, it’s a hedge against skyrocketing inflation, which has eroded the real savings rate of Americans over the last four years. And, as you all know well, it’s a hedge against a private sector that’s increasingly willing to discriminate against consumers on the basis of their basic beliefs, including their politics.”
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