The elected President Trump is preparing to fulfill a long list of campaign promises, and this elected president has pledged to ensure that all remaining bitcoins are 'made in America,' which may be one of the most difficult promises to keep.

After meeting with a group of cryptocurrency mining executives at Mar-a-Lago in June, Trump made this promise in a post on his Truth Social account. These companies operate large high-tech data centers that facilitate transactions on the blockchain in exchange for payment in bitcoin or other cryptocurrencies.

This gathering was a key moment for Trump, marking his shift from a cryptocurrency skeptic to one of the industry's most powerful allies. 'This is classic Trump rhetoric, but absolutely not a reality,' said Ethan Vera, COO of Seattle-based Luxor Technology, which provides software and services for miners.

While widely viewed as a symbolic support promise, it is practically impossible because the blockchain is a decentralized network with no one controlling or being banned from participating in the process. From a practical perspective, as large-scale operations are emerging worldwide to capture a portion of the industry’s hundreds of billions in annual revenue, competition in the sector is intensifying.