#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 neither impossible but strategically relevant. From an economic perspective, this policy may strengthen the crypto industry with additional legitimization, but it will also bring its own threats.