Trump Declares ‘Love’ and Understanding Of Crypto At Bitcoin Miners Meet
Several crypto miners gathered at Mar-a-Lago on Tuesday night to meet with presidential candidate Donald Trump, who promised to advocate for them internationally.
The attendees included representatives from top Bitcoin mining companies such as CleanSpark, Riot Platforms, Marathon Digital, and other prominent industry players.
Key figures included Matthew Schultz from CleanSpark, Jason Les and Brian Morgenstern from Riot Platforms, Salman Khan from Marathon Digital, and Amanda Fabiano of Fabiano Consulting.
While Trump has used crypto to advance his campaign, he has firmly opposed the establishment of a Central Bank Digital Currency (CBDC).
In a June 12 post on Truth Social, Trump said that Bitcoin mining might be the US’ final defense against a CBDC.
Just last month, Trump became the first presumptive Republican presidential nominee to accept cryptocurrency for official campaign donations.
Trump told attendees he “loves” and understands cryptocurrency, and that miners help to stabilize the energy grid, Bloomberg reported, citing Cleanspark’s Scultz. Trump also assured that he would advocate for miners in the White House.
The meeting took place amid growing criticism of crypto mining due to its environmental impact and strain on power grids. This has led to actions like China’s ban on Bitcoin mining in 2021 and restrictions in New York on using carbon-based power sources for mining.
Today was a historic moment in our journey towards hyperbitcoinization. The former and next President of the United States gathered America’s hashrate and committed to championing our cause in DC and on the global stage. Bitcoin will THRIVE in
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