Trump: We Want All Remaining Bitcoin to Be Made in USA

As a crypto investor with a few years of experience under my belt, I’ve seen the ups and downs of this volatile market. I’ve witnessed how governments and politicians around the world have tried to regulate or even ban cryptocurrencies. So when I heard Donald Trump’s recent statements about wanting to mine all remaining Bitcoin in the U.S., I couldn’t help but pay attention.

On Tuesday, Republican presidential hopeful Donald Trump expressed his desire for all future production of bitcoin to take place within the United States. This stance reinforces his commitment to making America energy self-sufficient by increasing domestic cryptocurrency mining operations.

Trump expressed his viewpoint on Truth Social that Bitcoin mining could serve as a protective measure against Central Bank Digital Currencies (CBDCs). He criticized Biden’s stance towards Bitcoin, suggesting it benefits China, Russia, and the radical left. Trump emphasized the importance of producing most remaining Bitcoins in the USA to secure energy dominance.

On Tuesday early week, Trump, who was the initial U.S. presidential hopeful to receive crypto donations, convened with executives from CleanSpark Inc., a Nasdaq-listed bitcoin mining company, and Riot Platforms, at an event held at Mar-a-Lago. According to reports, Trump expressed his belief that miners play a crucial role in maintaining a stable energy supply from the grid during this gathering.

Approximately 90% of Bitcoin’s total supply of 21 million coins, as per Coingecko, has already been mined up to the current point. The remaining 10% will be gradually released through mining operations until the year 2140.