- Donald Trump wants all remaining Bitcoin to be mined in the US
- The former President believes BTC mining is better than CBDC
- It is a way to “help us be energy dominant,” Donald Trump says
Former President and Republican nominee Donald Trump released a post, proposing an ambitious plan to concentrate the mining of all remaining Bitcoin within the United States. He also met with industry leaders and outlined his vision for how US-based Bitcoin mining could boost the nation’s energy independence and economic strength.
Donald Trump post on Truth Social
Trump’s US-Centric Vision for Bitcoin Mining
Trump’s comments suggest he could be a strong advocate for Bitcoin mining. Especially when this is done to strengthen the US economy and the energy sector. He believes that keeping Bitcoin mining operations within US borders, can position the country as a global leader in cryptocurrency while promoting energy dominance.
“We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!” the former President said.
Bitcoin vs. CBDCs
Trump also drew a clear distinction between Bitcoin and Central Bank Digital Currencies (CBDCs), which are being explored globally. He argued that Bitcoin is a superior option, most likely due to its decentralized and secure nature, as opposed to the centralized control of CBDCs.
“Bitcoin mining may be our last line of defense against a CBDC. Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left,” he remarked in his post.
Donald Trump’s bullish stance on US-mined Bitcoin highlights a strategic approach to leveraging cryptocurrency mining for national benefit. His vision aims to enhance the country’s energy dominance, technological leadership, and economic resilience, positioning the US at the forefront of the global cryptocurrency market.