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Donald Trump to appoint a bitcoin adherent as US Defense Secretary

5:37 pm, November 14, 2024

The newly elected US President Donald Trump has nominated Pete Hegseth for the post of US Secretary of Defense. Hegseth is a well-known supporter of the cryptocurrency bitcoin

It is noted that the candidate for the US Secretary of Defense, after Trump’s victory in the election, was glad that the new president «will make bitcoin great.

Trump himself very positively congratulated Hegseth on the proposed position.

«Pete has been a warrior all his life, serving the troops and the country. Pete is tough, smart, and truly believes that America comes first. With Pete at the helm, America’s enemies will be warned — our military will be great again, and our country will never retreat,» he said.

Pete Hegseth has previously said that the development of cryptocurrencies is difficult to stop.

«Cryptocurrency is already here. Bitcoin is not a person, company, or place. And this limited supply in a world where money is printed is very strong,» he said.

Almost immediately after Trump’s victory in the presidential election, Hegseth said that the Republican was making bitcoin great again by loosening regulation of the cryptocurrency market.

By the way, cryptocurrency analyst and founder of BitMEX Arthur Hayes said that the policy of the next US President Donald Trump will lead to an increase in the price of bitcoin to $ 1 million. The same opinion was expressed by the famous cryptocurrency analyst Michael van de Poppe.

Also, cryptocurrency analyst Lark Davis spoke about the factors that could push Bitcoin to $ 200,000 in 2025. The expert drew attention to the support for Bitcoin from Donald Trump’s supporters, including Robert Francis Kennedy Jr. and J.D. Vance.

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