🇺🇸 U.S. Secretary of Commerce: #Bitcoin is the "new gold" under Trump

🔔In a recent interview, U.S. Secretary of Commerce Howard Lutnick asserted that Bitcoin is on track to become the “new gold” of America under the Donald Trump administration. He believes that the scarcity – the supply limited to 21 million BTC – is the key factor creating sustainable value for Bitcoin, completely different from the approach under the previous administration.

🔔Lutnick has been investing in cryptocurrencies since 2020 and currently plays a key role in shaping policies related to Bitcoin. He is behind the "Investment Accelerator" program at the Department of Commerce, which helps large investments navigate legal barriers – particularly prioritizing Bitcoin mining projects. $BTC

🔔This program aims to build independent power plants for miners, reducing reliance on the public power grid and leveraging cheap energy sources like hydroelectric or gas from oil fields. Lutnick stated that placing data centers at gas fields will help the U.S. break through in the mining sector while dismissing concerns that this makes Bitcoin more centralized. According to him, America is indeed the ideal place for innovation and the development of decentralized technology.