As we speak, Donald Trump met with Bitcoin Journal CEO David Bailey and several other distinguished American Bitcoin miners. On the convention, Trump pledged to help Bitcoin mining in Washington, D.C., and on the worldwide stage.
As we speak is a historic second in our journey in the direction of hyper-Bitcoinization. America’s previous and subsequent presidents have rallied America’s computing energy and are dedicated to defending our trigger in Washington and on the worldwide stage. Bitcoin will thrive in 🇺🇸
Orange Man + Orange Coin = Good pic.twitter.com/YhfzoJg19g
— David Bailey🇵🇷 $0.65mm/btc is the ground (@DavidFBailey) June 12, 2024
Among the many attendees have been representatives from main Bitcoin mining firms, together with CleanSpark, Riot Platforms, Marathon Digital and different notable trade gamers. Key figures in attendance included CleanSpark’s S Matthew Schultz, Riot Platforms’ Jason Les and Brian Morgenstern, Marathon Digital’s Salman Khan, and Fabiano Consulting’s Amanda Fabiano (former Galaxy Mining Director and Constancy Bitcoin Mining Director).
As we speak, Riot CEO @JasonLes_and Riot’s Director of Public Coverage, @MorgensternNJMeet @realDonaldTrump talk about #bitcoin Mining and vitality. 🇺🇸
"President Trump will defend your proper to personal Bitcoin, mine Bitcoin, transact with Bitcoin, and the precise of many people to work in… pic.twitter.com/T0CFKR3hOv
— Riot Platforms, Inc. (@RiotPlatforms) June 12, 2024
Trump’s pro-Bitcoin stance contrasts sharply with that of his rival, Joe Biden. The present administration beneath Biden has taken a hostile strategy to the trade, together with a reluctance to just accept Bitcoin and different cryptocurrencies. The Biden administration is taken into account much less supportive of Bitcoin and extra supportive of central financial institution digital foreign money (CBDC).
A couple of weeks in the past, Donald Trump made historical past as the primary U.S. president to just accept a Bitcoin Lightning Community donation, following his latest feedback that he needed the way forward for cryptocurrencies to be within the U.S. and never be pushed again by strict regulation. To abroad. Trump additionally mentioned he “will help the self-custody rights of the nation’s 50 million cryptocurrency holders.”
As Trump leads the presidential race, his help for Bitcoin and cryptocurrencies has earned him sturdy help from the crypto group. With greater than 50 million Bitcoin and cryptocurrency holders in the USA, Trump’s dedication to the trade might play a key function in securing victory in November.
