#TrumpBitcoinEmpire #TrumpBitcoinEmpire Trump's current policy regarding Bitcoin represents a drastic shift in the narrative about cryptocurrencies in U.S. politics. During his previous term, the president was mostly critical of Bitcoin and cryptocurrencies in general.

However, Trump now presents himself and his administration as supporters of Bitcoin and decentralized technology, and consciously allows for cryptocurrency mining in the U.S., as he stated that all remaining Bitcoin should actually be mined solely in the U.S. This idea can be seen as an attempt to turn the United States into the leading mining country and a global center of financial sovereignty, something that is not impossible but strategically relevant. From an economic standpoint, this policy could strengthen the crypto industry with additional legitimization, but it will bring its own threats.

Cryptocurrencies and their prices remain volatile, and the political environment remains one of the most divided. In fact, overall, the price of Bitcoin and other cryptocurrencies has recently decreased significantly due to the previously discussed risks in the previous chapter.