Today, Donald Trump met Bitcoin Magazine’s CEO David Bailey and numerous popular U.S. Bitcoin miners. The conference saw Trump devote to championing Bitcoin mining both in Washington D.C. and on the worldwide phase.
Today was a historical minute in our journey towards hyperbitcoinization. The previous and next President of the United States collected America’s hashrate and dedicated to championing our cause in DC and on the worldwide phase. Bitcoin will grow in 🇺🇸
Orange Man+Orange Coin= Good pic.twitter.com/YhfzoJg19g
— David Bailey🇵🇷 $0.65mm/btc is the flooring (@DavidFBailey) June 12, 2024
Among the participants were agents from leading Bitcoin mining companies, consisting of CleanSpark, Riot Platforms, Marathon Digital, and other significant market gamers. Key figures present consisted of S Matthew Schultz from CleanSpark, Jason Les and Brian Morgenstern of Riot Platforms, Salman Khan of Marathon Digital, and Amanda Fabiano of Fabiano Consulting, previously Head of Mining at Galaxy and Director of Bitcoin Mining at Fidelity.
Today, Riot CEO, @JasonLes_, and Riot’s Head of Public Policy, @MorgensternNJ, met @realDonaldTrump to talk about #Bitcoin mining and energy. 🇺🇸
"President Trump will safeguard your right to own Bitcoin, to mine Bitcoin, to negotiate with Bitcoin, and for a number of us, to work in… pic.twitter.com/T0CFKR3hOv
— Riot Platforms, Inc. (@RiotPlatforms) June 12, 2024
After the conference, Donald Trump published on his Truth Social stating that he desires all “remaining Bitcoin to be made in the USA” which “It would help us be energy dominant.”Â
Trump’s encouraging position on Bitcoin is in plain contrast to his rival, Joe Biden. The present administration, under Biden, has actually taken a hostile method towards the market, consisting of unwillingness to accept Bitcoin and other cryptocurrencies. Biden’s administration has actually been viewed as less encouraging of Bitcoin, and more encouraging of a Central Bank Digital Currency (CBDC).
A couple weeks back, Donald Trump traditionally ended up being the very first U.S. President to accept Bitcoin Lightning Network contributions, following comments he made just recently stating that he desires the future of crypto to be in America, and not driven overseas due to extreme policies. Trump also stated he “will support the right to self custody to the nations 50 million crypto holders.”
As Trump leads in the governmental race, his assistance for Bitcoin and cryptocurrency is making him considerable support from the crypto neighborhood. With over 50 million Bitcoin and cryptocurrency holders in the United States, Trump’s dedication to the market might play a critical function in protecting a win in November.
Thank you for visiting our site. You can get the latest Information and Editorials on our site regarding bitcoins.
