Politicians as different as Senate Majority Leader Chuck Schumer and former President Trump have come around to this view in recent years. After initially spurning the industry, Trump gave a pro-crypto keynote speech at this summer’s Bitcoin Conference in Nashville. In his remarks, Trump likened Bitcoin to “the steel industry of a hundred years ago” and said that “If crypto is going to define the future, I want it to be mined, minted, and made in the USA.” Last week, he even bought a burger with crypto at Pubkey, a “Bitcoin bar” in NYC.

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