Donald Trump voiced support for Bitcoin and bringing Bitcoin mining operations to the US in a post on his Truth Social platform late Tuesday night. He claimed that Bitcoin mining may be the last defense against central banks implementing digital currencies. Cryptocurrencies like Bitcoin are unlikely to be a decisive factor in elections as most Americans are skeptical of them as reliable stores of value according to polls. Trump attacked Biden for his "hatred of Bitcoin" and said he was helping foreign powers by not embracing Bitcoin, though Biden's administration has been mostly quiet on the issue.
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00:00It's Benzinga and here's what's on the block.
00:02Donald Trump voiced support for Bitcoin and bringing Bitcoin mining operations to the
00:07US in a post on his True Social platform late on Tuesday night.
00:11He claimed that Bitcoin mining may be the last defense against central banks implementing
00:15digital currencies.
00:16Cryptocurrencies like Bitcoin are unlikely to be a decisive factor in elections as most
00:20Americans are skeptical of them as reliable stores of value according to polls.
00:25Trump attacked Biden for his hatred of Bitcoin and said he was helping foreign powers by
00:29not embracing Bitcoin, though Biden's administration has been mostly quiet on the issue.