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Bitcoin could help win AI arms race, believes Donald Trump

Fast Take
  • Donald Trump has highlighted his belief in Bitcoin's potential.
  • Trump believes BTC can help win the AI ​​arms race.
  • Recently, Trump met with Bitcoin miners.
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Former US president and current candidate for the position, Donald Trump, believes that the largest cryptocurrency on the market, the Bitcoin (BTC), could help win the artificial intelligence (AI) arms race against China, according to information published by CNBC, on June 13.

Recently, Trump has been gathered with Bitcoin miners, at his Mar-a-Lago resort in Palm Beach, Florida. According to the publication, after the event, these miners stated that Trump believes in Bitcoin's potential to assist in a victory in the AI ​​arms race.

À reporter, Jason Les highlighted that one of the main topics at the event was the fact that the United States leads in many things, and that it should also be number one in Bitcoin.

Bitcoin mining in the US is supported by Donald Trump; Understand

Former US President and current candidate for the position, Donald Trump, expressed publicly, on June 12, his support for cryptocurrency mining, including the production of Bitcoin in the country. Trump participated in a meeting yesterday where he received important figures from the crypto mining sector.

Matthew Schultz, executive chairman of CleanSpark Inc., highlighted Trump's positive stance towards cryptocurrencies, particularly Bitcoin mining. Riot Platforms CEO Jason Les and head of public policy Brian Morgenstern also met with the former president. “President Trump will protect your right to own Bitcoin, mine Bitcoin, transact Bitcoin and, for many of us, work in the Bitcoin industry,” Morgenstern said.

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In a recent publication, Trump highlighted his stance in favor of the cryptocurrency industry, highlighting the important role of Bitcoin mining in stabilizing the energy grid. On this occasion, the former US president highlighted his support for the sector.

“Bitcoin mining could be our last line of defense against a CBDC. Biden's hatred of Bitcoin only helps China, Russia and the Radical Communist Left. We want all remaining Bitcoins to be MADE IN THE USA!!! This will help us become ENERGY DOMINANT!!!”, he wrote.

At the time of publication, the Bitcoin price it was quoted at US$67.217,49 with an increase of 1.1% in the last 24 hours.

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
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