Trump Pledges Global Support in Landmark Meeting with America’s Largest Bitcoin Miners & Bitcoin Media

On Jun 12, 2024

Donald Trump once again showed his support for Bitcoin & Bitcoin miners across the US States.

Donald Trump is currently busy in the US presidential election campaign and getting huge support from Crypto & non-crypto people over other Presidential candidates. In the past few months, Trump showed a very high degree of inclination & support for Bitcoin & cryptocurrencies. In short, Trump became a crypto-friendly personality in 2024, thanks to the competition among politicians ahead of the US presidential election.

On 12 June 2024, former US president Donald Trump held a meeting with David Bailey, the CEO of the popular Bitcoin media BitcoinMagazine, & other prominent U.S.-based Bitcoin miners.

In the meeting, Trump promised to support Bitcoin mining both in the United States and around the world. He committed to promoting the interests of Bitcoin miners in Washington D.C. and on the international stage.

Bailey said that his meeting with Trump was a significant milestone for the widespread adoption of Bitcoin. He also highlighted that former President Trump, who is also seen as a future president pledged to support this sector for a bright future for Bitcoin in the United States.

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 🇺🇸

Orange Man+Orange Coin= Good pic.twitter.com/YhfzoJg19g
— David Bailey🇵🇷 $0.65mm/btc is the floor (@DavidFBailey) June 12, 2024

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The meeting included representatives from top Bitcoin mining firms like CleanSpark, Riot Platforms, and Marathon Digital. Key attendees included S Matthew Schultz from CleanSpark.

Jason, the CEO of Bitcoin miner firm Riot Platforms (RIOT), said that his latest meeting with Trump is a very big support by Trump for this innovative sector, where he promised that he will play a vital role in protecting our right to own Bitcoin, transfer Bitcoin, & mining of Bitcoin in the US jurisdiction.

Today, Riot CEO, @JasonLes_, and Riot’s Head of Public Policy, @MorgensternNJ, met with @realDonaldTrump to discuss #Bitcoin mining and energy. 🇺🇸

"President Trump will protect your right to own Bitcoin, to mine Bitcoin, to transact with Bitcoin, and for many of us, to work in… pic.twitter.com/T0CFKR3hOv
— Riot Platforms, Inc. (@RiotPlatforms) June 12, 2024

According to many crypto & political experts, Trump has a very high degree of support from the crypto community because of his crypto-friendly stances. Trump also aimed to ban the development & adoption of the US digital dollar, CBDC, in order to protect citizen’s right of financial privacy.

Trump’s stance toward this innovative sector is in contrast to his biggest rival, Joe Biden.

The current administration, under Joe Biden, has taken a hostile approach toward the crypto industry. Biden’s administration has been seen as less supportive of Bitcoin, and more supportive of a Central Bank Digital Currency (CBDC).