More

    Bitcoin Owners In The US On Track To Hit 100 Million, Says JD Vance | Bitcoinist.com


    Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

    Bitcoin adoption in the United States is accelerating at an unprecedented pace, with several big companies and individuals steadily buying the flagship asset. The growing adoption in the US is evidence of the unwavering desire to own BTC, with the aim of hedging against failing financial systems.

    A Growing Trust In Bitcoin Among US Citizens

    While the vision to make the United States the crypto capital of the world, US Vice President JD Vance has made a bold projection about the adoption of Bitcoin in the country. Vivek Sen, a crypto reporter, shared a short clip video of Vance during a speech on the X platform, where the vice president predicted that Bitcoin owners in the country could double.

    In the short clip video, JD Vance began by outlining the evolution of cryptocurrency and how significant it has become in the world. According to the vice president, cryptocurrency has proven to be a genuine and ground-up innovation in the last several years, or since its introduction. 

    Vance also underlined how cryptocurrency and Bitcoin have impacted the lives of individuals and investors in the US since their inception. In his words, cryptocurrency is improving the lives of tens of millions of citizens in the country. 

    The vice president highlighted that there are currently over 50 million citizens in the country who own Bitcoin or cryptocurrency, reflecting a robust interest in the assets. Despite the significant number of US BTC owners, Vance has expressed his confidence that the numbers will double in the short term, reaching 100 million holders.

    Framing the digital asset as a key part of America’s financial future, Vance’s statement implies the growing public trust in decentralized currencies amid increasing concerns over inflation, monetary policy, and institutional control.

    Furthermore, his comments highlight Bitcoin’s growing influence in mainstream debate and point to a possible change in policy toward accepting digital assets as a cornerstone of both national innovation and personal financial empowerment.

    Crypto Could Become The Greatest Revolution In Finance Tech

    US President Donald Trump has also highlighted Bitcoin and cryptocurrency’s role in revolutionizing the broader finance sector. Trump has continuously shown notable confidence in cryptocurrency, particularly Bitcoin, with the President now becoming the second most influential figure in the crypto space behind Tesla’s founder and billionaire Elon Musk.

    According to the US President, cryptocurrency could be the greatest revolution in financial technologies since the inception of the Internet in 1983. With cryptocurrency gaining mainstream recognition, this bold support from Trump reflects the government’s understanding of the role that these assets are playing in the future of financial innovation.

    Bitcoin
    BTC trading at $114,994 on the 1D chart | Source: BTCUSDT on Tradingview.com

    Featured image from Pixabay, chart from Tradingview.com

    Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



    Source link

    Stay in the Loop

    Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

    Latest stories

    - Advertisement - spot_img

    You might also like...