Trump is calling out Bitcoin mining in United States and backing the industry to take down Chinese mining companies to keep the country competitive and with every Bitcoin made in the uncle Sam lands. Donald Trump believes that mining companies, such as Bitmain, are monopolizing the market and consider them a threat to US if they wanna bet strong in the industry in long term.
The now knowing as "Bitcoin president" is pushing to foreign mining companies to be considered a threat to the desires of United States to evolve in the Bitcoin field and using files uncovered that many Chinese companies are being used to spy in america to convince people. Trump may have found a way out to block the giant Bitmain to grow bigger in US and opened to local brands to get in the spotlight.
Trump ambitions are big special in Bitcoin as he stated in the latest conference in Nashville. The now auto denominated, "Bitcoin president" have a bigger agenda on Bitcoin and plans to turn America the next big thing in the industry promising to never sell any Bitcoin that the government HODL and continue investing in the industry to turn America more Bitcoin standard.
All that depends on his win in the upcoming elections this November to start implementing rules that are favourable to Bitcoin and other cryptos to evolve on uncle Sam lands.
I am not sure about this latest call by Trump as the companies that he claim are local and Americans, have something imported from China. That maybe some sort of arrangement to get those brands into the spotlight but with a backstage repercussion. Trump never do something for free and definitely have something in agenda with those so called American mining companies.
Hum, Trump what are you pretending with that move? Remember:
CONTENT IS KING!