U.S. Vice President J.D. Vance, serving under President Donald Trump, has reaffirmed the administration’s pro-innovation stance toward cryptocurrency, emphasizing the economic and technological value of Bitcoin while advocating for common-sense regulation rather than government overreach.
Speaking candidly about his own Bitcoin holdings, Vance said, “I’m an owner of BTC here, but I’m also the Vice President of the United States, so I want to be careful.” He added that Bitcoin’s core utility lies in its role as a digital method for storing and transacting value, much like cash or gold in earlier generations.
“A hundred years ago, if you wanted to buy something, you put a dollar bill or gold coin on the table. Bitcoin offers the same functionality — but in a secure, fraud-resistant digital form that fits the technological age we live in.”
Emphasizing Innovation and Market Choice
While acknowledging that all new technologies carry risk, Vance made clear that the Trump administration’s approach is to let innovation thrive, allowing the free market to determine winners and losers.
“If the critics of Bitcoin are right — and I happen to think they’re wrong — the market will prove that out. If the advocates are right — and I happen to agree with them — the market will also validate that over time.”
Vance stressed that government should not act as a gatekeeper, dictating what sectors are allowed to operate. Instead, he called for a balanced regulatory framework that enables crypto and blockchain businesses to compete fairly within the broader economy.
Supporting Crypto’s Integration into the Mainstream
“We want the cryptocurrency industry to participate in the mainstream of the economy,” Vance said. He reiterated that market forces — not political decisions — should determine the future of emerging financial technologies.
The remarks underscore the Trump administration’s ongoing shift toward pro-crypto policies, aligning with recent developments such as the approval of spot Bitcoin ETFs, regulatory pushback against anti-crypto legislation, and efforts to attract blockchain innovation to U.S. soil.
As a high-ranking official openly supporting Bitcoin’s long-term potential, Vice President Vance’s comments add weight to the growing political and institutional backing of digital assets in the United States.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/bitcoin-is-digital-gold-for-the-modern-age-says-j-d-vance/