‘Mined in the USA’: Trump seeks crypto vote with Bitcoin vow

‘Mined in the USA’: Trump seeks crypto vote with Bitcoin vow

US businessman and now, Republican presidential candidate, Donald Trump who once was a critic of digital currencies has vowed to become a ‘pro-Bitcoin president,’ once he assumes office again in November, if elected and if the increasingly limited industry, due to US laws, would allow it. 
 
“The Biden Harris administration is suppressing crypto and bitcoin it is wrong and it is very bad for our country,” said Mr Trump to the applaud of the conference in Tennessee on Saturday. 
 
The ex-president said that cryptocurrencies are the same as the emergence of the “steel industry 100 years ago” and stated that “Bitcoin symbolizes freedom, people’s freedom and independence from the government restriction,” as cited in the Agence France-Press. 
 
Mr Trump echoed this by saying if he was the President he would not allow the US government to sell its Bitcoin. 
 
“This will serve in effect as the core of the strategic national Bitcoin stockpile,” Mr Trump said. 
 
This proposal was less ambitious than another one presented the day prior by third-party candidate Robert F. Kennedy Jr who expressed his intention to gather a reserve of 4 mln BTC. 
 
“If we do notaccept crypto and Bitcoin technology, then China will, other countries will, they will set the pace and the world will be dominated by China,” said the ex president of the United States of America Mr Trump. 
 
This read In America today, Tyler Winklevoss echoed a sentiment that many investors feel and avow when they say “If crypto is going to define the future, I want it to be mined, minted and made in the USA. 
 
Thus, recognising the cost of electricity as one of the main determinants of the location of cryptocurrency mining operations, Mr Trump declared that the US would be the cheapest ‘‘energy country on earth’’ through the expansion of ‘‘the shady’’ fossil fuel base, nuclear energy. 
 
“It will be green, but it will generate so much electricity that people will begin to beg this president, ‘have mercy, have mercy, please stop giving us electricity. ’” 
 
He vowed, for instance, that on the first day in office, he would dismiss Gary Gensler, the chairman of the US Securities and Exchange Commission — a man who has enraged the cryptocurrency industry with his extremely careful approach to setting up rules. 
 
The crowd roared with approval at the proposal, prompting Mr Trump to joke: When she said that she didn’t know that he was that unpopular, its implication was that she was oblivious to all of this. 
 
“Let me say it again,” and the crowd cheers, “On day one I will fire Gary Gensler. ” 
 
He also tried to discredit Kamal Harris, who would be the president in waiting to succeed Joe Biden, the 81 year old president who suddenly departed the campaign trail. 
 
Indeed, there she was in the video boasting that Biden tried to crush the bitcoin community, but when Trump becomes president again in January, it will be stopped, saying, “We have to fight and we have to win, and I pledge to the bitcoin community that the day I take the oath of office, Joe Biden, Kamala Harris’s anti-crypto crusade will be over, it will end, it’ll be done. ” 
 
“I promise You’re going to be very happy with me. ”