- Trump continues to promote Bitcoin and target crypto users
- Bitcoin is a strategically valuable asset, that needed to be mined in the US
- The hampering of Bitcoin gives a strategic advantage to Russia and China
Political Games or a Valid Statement?
Trump claims that “Bitcoin mining may be our last line of defense against a CBDC.” It generally makes sense because Bitcoin was created for such scenarios. However, Bitcoin is meant to serve international interests and protect everyone from the excessive control of CBDC and other centralized institutions, not just some.
This is not about what opinions each of us, or who and what emotions are felt when we see “Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left.”
But claiming that “We want all the remaining Bitcoin to be MADE IN THE USA!!!! It will help us be ENERGY DOMINANT!!!” – it could look like Trump is not dedicated to Bitcoin per se and its potential for freedom and security for regular people and private investors. But rather how Trump is committed to making Bitcoin a defense of some large institutions against others.
What Does This Mean for Us?
Of course, it’s impossible to state how Trump actually feels about Bitcoin.
Does he just use it to make it an advantage in the upcoming election, or does he truly realize its potential and importance today?
If he wins, will he make it a broken promise, or will he maintain his proactive stance on adapting Bitcoin and the rest of the cryptos?
Most importantly, if the position remains in place, will the means of this adaptation benefit whom the most? Will our interests, crypto enthusiasts, and private investors be at the forefront, or will the focus shift entirely to global economic aspects and financial institutions?
If he wins, we can only get answers to all of these questions by watching Trump’s actions.
By the way, to stay one step ahead of inflation and centralized institution decisions, and to always have the most relevant news, valuable insights, and profound analysis from the world of crypto – join our Legends Trading Community!