Trump emphasizes the need to increase electricity production for digital currencies. His recent appointments reflect a positive stance on the blockchain industry.
Donald Trump, the President-elect of the United States, stated in an interview with Jim Cramer on CNBC that a significant increase in electricity production is necessary for making significant progress with digital currencies. Emphasizing America’s need to lead in digital currencies and artificial intelligence over China, he mentioned the necessity to double the current electricity production capacity. These remarks indicate Trump’s deep understanding of the fundamental principles of the digital currency industry. His recent appointments in the Treasury Department, the Securities and Exchange Commission, and the White House Digital Currency Czar also reflect the future government’s positive approach to the blockchain industry.
