Former U.S. President Donald Trump reiterated his support for Bitcoin and cryptocurrencies in a recent live interview. He encouraged the U.S. to take the lead in the development of digital assets. These statements from Trump come amid growing curiosity about Uncle Sam's plans for its cryptocurrency holdings.

The former president emphasized the need for America to maintain its competitive advantage in the changing landscape of technology during the conversation. Trump compared cryptocurrencies to artificial intelligence and expressed concern that if America withdraws, competitors like China will fill that space.

Recently, there have been discussions about significant Bitcoin movements from wallets that are reportedly owned by the U.S. government. Just last week, approximately $2 billion worth of Bitcoin was sent to an unconfirmed recipient, sparking speculation about the government's potential plans to auction off its cryptocurrency assets.

In response to such actions, Trump stated that building and growth should be the focus, and he emphasized that regardless of the U.S.'s stance, countries like China are already positioning themselves as players in the crypto space.

Trump, expressing his admiration for the sector, referred to cryptocurrencies as an ultra-modern currency and noted that he has connections with industry experts who believe that blockchain technology and crypto could provide significant advantages.

During another interview on Fox News, Trump proposed the idea of using Bitcoin to solve America's $35 trillion national debt issue. He suggested the possibility of repayment through "crypto checks."

While the feasibility of this proposal is unclear, it does demonstrate Trump's willingness to consider innovative approaches that incorporate cryptocurrencies.