Donald Trump and Bitcoin Magazine CEO David Bailey met today with several U.S. Bitcoin miner leaders. Trump committed to supporting Bitcoin mining in Washington D.C. as well as on a global scale.
The journey to hyperbitcoinization was marked by a momentous day. Former and next President Obama gathered America’s hashrate to support our cause at the United Nations and in Washington DC. Bitcoin will thrive in🇺🇸
Orange Man + Orange Coin = Good pic.twitter.com/YhfzoJg19g
— David Bailey🇵🇷 $0.65mm/btc is the floor (@DavidFBailey) June 12, 2024
The event was attended by representatives of leading Bitcoin-mining firms including CleanSparkRiot Platforms and Marathon Digital are also notable players in the industry. S Matthew Schultz, Jason Les, and Brian Morgenstern from Riot Platforms were all present. Salman Khan of Marathon Digital, and Amanda Fabiano Fabiano Consulting is the former Head of Mining at Galaxy, and Director of Bitcoin Mining at Fidelity.
Riot CEO today @JasonLes_Riot Head of Public policy, @MorgensternNJI met with @realDonaldTrump to discuss #Bitcoin Mining and Energy 🇺🇸
"President Trump will protect your right to own Bitcoin mining, Bitcoin transactions, Bitcoin transacting, Bitcoin for most of us. work in… pic.twitter.com/T0CFKR3hOv
— Riot Platforms, Inc. (@RiotPlatforms) June 12, 2024
Trump’s support for Bitcoin contrasts sharply with that of his rival, Joe Biden. Biden has led the current administration to take a negative approach towards cryptocurrency and Bitcoin. Biden’s Administration has been perceived as being less in favor of Bitcoin and more in favour of Central Bank Digital Currency.
Donald Trump was in the news a couple of weeks ago. historically became Trump is the first U.S. president to accept Bitcoin Lightning Network contributions, after he said recently that he wanted the future of crypto in America and not to be driven abroad due to strict regulations. Trump has also stated that he believes the future of crypto should be in America, and not driven overseas due to harsh regulations. “will support the right to self custody to the nations 50 million crypto holders.”
Trump is leading the race for the presidency, and his support of Bitcoin and cryptocurrency has earned him considerable backing from the community. Trump could win the election in November with his commitment to Bitcoin and cryptocurrency. There are over 50,000,000 Bitcoin users in the United States.
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Source: bitcoinmagazine.com