Trump Advocates for Bitcoin Mining in the US, Citing Defense Against Central Banks, in Truth Social Post

  • last month
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.