๐๐บ๐ธTrump's all in for US-based Bitcoin mining! After a pow-wow with Riot Platforms CEO & policy head, he's rooting for domestic crypto miners. Stronghold Digital Mining CEO, Greg Beard, is all for it, urging Biden to back Bitcoin as a hedge against "ever-deflating" fiat currencies.
๐คBut not everyone's cheering. Unchained Podcast host, Laura Shin, fears it could centralize Bitcoin, making it vulnerable. Shapeshift founder, Erik Voorhees, calls Trump's comments "nonsense" but admits they signal a positive climate for Bitcoin in the US.
๐กDespite criticisms, Beard insists Bitcoin mining boosts energy efficiency & grid stability. So, what's your take? Is Trump's support a boon or bane for Bitcoin? Let's hash it out below! #DeFi #Web3 #BitcoinMining ๐๐ฐ