Donald Trump, former US president and current candidate, recently voiced his support for cryptocurrency mining, particularly the production of Bitcoin in the United States. Trump met with key figures from the crypto mining industry, including Matthew Schultz, Executive Chairman of CleanSpark Inc., who praised Trump’s positive stance on cryptocurrencies and Bitcoin mining. Riot Platforms CEO Jason Les and head of public policy Brian Morgenstern also joined the meeting with the former president.
Trump assured the attendees that he would protect their rights to own, mine, and transact Bitcoin, as well as work in the Bitcoin industry. In a public statement, Trump emphasized the importance of Bitcoin mining in stabilizing the energy grid and expressed his unwavering support for the sector.
Furthermore, Trump took a jab at President Biden, suggesting that Bitcoin mining could serve as a defense against a Central Bank Digital Currency (CBDC) and criticizing Biden’s alleged animosity towards Bitcoin. Trump advocated for all remaining Bitcoins to be produced in the USA to bolster the country’s energy dominance.
During a fundraising event in San Francisco, Trump declared himself the “President of Cryptos” and pledged to champion the cryptocurrency industry. He criticized Democrats for their regulatory efforts that could hinder the growth of the digital asset market. Trump reiterated his commitment to supporting the cryptocurrency sector and implementing policies that would benefit the ecosystem.
Please note that the opinions expressed in this article are for informational purposes only and do not constitute financial advice. Investing in cryptocurrencies carries inherent risks of financial loss.