Opinion: "All the remaining Bitcoins are made in the United States" is a Trump-like statement and is definitely not reality
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2024-12-29 18:02 7,811
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Golden Finance reports that ensuring that all remaining Bitcoins are “Made in the United States” should be one of Trump’s most unlikely promises. Industry insiders generally believe that Trump’s promise is seen more as symbolic support for the cryptocurrency industry and is almost impossible to achieve in practice. Because blockchain is a decentralized network, no one controls or is prohibited from participating in the process. The computing power of domestic miners in the United States is still far less than half of the global total, so it is almost impossible for the entire Bitcoin network to be fully supported by American companies.
“It’s Trumpian rhetoric, but it’s definitely not reality,” said Ethan Vera, chief operating officer of Luxor Technology, a Seattle company that provides software and services to miners.