The former US president himself holds between one and five million dollars worth of Ethereum, one of the most important virtual currencies in the world.
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![Former US President Donald Trump on May 5, 2024, in Miami, Florida. (CLIVE MASON / GETTY IMAGES NORTH AMERICA / AFP)](https://www.francetvinfo.fr/pictures/-CgUnDQqBPbOoQ3gWYLw6sW2OzY/0x43:1024x618/432x243/2024/08/23/063-2151596607-66c85a3a19145396544370.jpg)
After qualifying them “of scams“During his presidency, Donald Trump is betting on cryptocurrencies in the future. The American billionaire and Republican candidate for the November presidential election announced on Thursday, August 22, on his social network, Truth Social, the upcoming opening of his digital currency platform.
The project, called “The DeFiant Ones,” is being touted by the Republican as an alternative to “big banks” And “to the financial elites” which, according to him, are draining the Americans. “It is time for us to resist, together,” he wrote again. The ex-president added to his message a link to a Telegram channel, whose almost 40,000 subscribers do not seem any better informed about the exact nature of the project.
Donald Trump has clearly changed his mind about cryptocurrencies. After denying them, he appeared at one of the most important conferences in the sector at the end of July, where he promised that he would be “the pro-innovation, pro-bitcoin president America needs” – if he were re-elected in November. Mandatory for any presidential candidate, his latest financial declarations showed, in mid-August, that he held between one and five million dollars of ethereum, one of the most important cryptocurrencies in the world.