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Trump Calls for All Remaining Bitcoin to Be Mined in the U.S., Aims for Energy Dominance

Jun 12, 2024, 04:28 AM

Former U.S. President Donald Trump has expressed his desire for all remaining Bitcoin to be mined in the United States. In a series of statements, including a Truth Social post, Trump emphasized the importance of Bitcoin mining for the country's energy dominance and as a defense against Central Bank Digital Currencies (CBDCs). He believes that Bitcoin mining in the U.S. will bolster the nation's energy abundance and economic strength. Trump's remarks have sparked discussions about the feasibility of concentrating Bitcoin mining within the U.S., given the global distribution of mining operations. The price of American-made Bitcoin is noted to be $67,500.