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Trump's Appeal to Bitcoin Miners Is a Wakeup Call for Crypto to Stay Apolitical

Former President Donald Trump is calling for a domestic bitcoin mining industry to develop in the U.S. Perhaps with a bit of hyperbole, the Republican presidential candidate said Tuesday he wants “all the remaining” bitcoin – about 2.1 million units – to be produced in the U.S., arguing it would help the country become energy independent and counter the development of a central bank digital currency.This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here.Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.UnmuteThe announcement, made on his Truth Social social media platform, followed a talk between Trump and Bitcoin Magazine CEO David Bailey in front of representatives from leading bitcoin mining firms CleanSpark, Riot Platforms, Marathon Digital at the former president's Mar-a-Lago resort in Florida.The latest in a series of increasingly pro-crypto statements – including a pledge to defend the right of self-custody, accept crypto campaign donations and “keep Elizabeth Warren and her goons away from your Bitcoin” – has drawn mixed reactions from crypto advocates. Perhaps that is not so surprising, given how polarizing the former president (whose favorability rating never stood above 50%) is in the U.S.However, this is arguably the first time since 2019 – when Trump said he was “not a fan” of Bitcoin – that the former reality star missed the mark on crypto. The idea of onshoring bitcoin mining is all well and good, and has been happening ever since China banned the practice in 2021. But, if you take Trump literally, calling for all bitcoin miners to be located in a single region suggests a profound ignorance of what Bitcoin is, how it works and why it’s powerful.Geopolitical signal?However, that’s just one opinion. There are many others. Bitcoin Magazine’s Alex Bergeron, for instance, argues Trump’s statement is a powerful signal for the importance of crypto.“We absolutely want the world's most powerful man to signal to every other power brokers that Bitcoin mining is a geopolitical issue. That's how you get everyone to start mining. That's how you decentralize the network,” Bergeron wrote, responding to climate change expert and co-founder of the Bitcoin Policy Summit Margot “jynurso” Paez.Paez argued that centralizing hashrate production in any one country – specifically one where politicians and regulators have in recent memory been hostile to crypto – is perhaps unwise. President Biden’s administration, for instance, has floated the idea of a steep 30% bitcoin mining tax.In any event, it’s unlikely the hashrate would ever centralize in any one region, given that there are bitcoiners the world over, who would be difficult even for the President of the United States to prevent from mining.See also: Why, for Some, Crypto Is a Defining Political Issue | OpinionSo the real question here is whether the U.S. attempting to dominate the bitcoin mining trade through government support or even subsidy would inspire other governments to incentivize domestic mining. It’s far-fetched, but global leaders do often look to the U.S. to set agendas. The problem is Trump’s notably low standing among said global leaders.So whether this campaign platform actually moves the needle on bitcoin mining is difficult to say. Especially because it’s impossible to say whether Trump’s pro-crypto statements should be taken as pandering or flattering. He is certainly a divisive figure among bitcoiners – and not even just the progressive ones.Lying with dogsMany see it as frankly embarrassing to be buddying up with any politician, putting aside Trump’s Napoleonic sized ego. Bitcoin writer and privacy advocate L0la L33tz, for one, wrote a whole essay about the subject, arguing that politicians cannot be trusted, that Trump failed to deliver on many of his previous campaign promises, and that Bitcoin doesn’t really even need political support.See also: The Biden Administration Is Easing Up on Crypto (a Vibes Analysis) | Opinion“When your morals can be bought, you are not a patriot – you are a sell out,” L33tz wrote.Apart from being an internally consistent take considering the “Bitcoin ethos,” it’s worth noting that L33tz’s position is also likely long term optically best for the industry development.It may seem expedient to fall in with the Republican party standard-bearer given that most political support comes from the right. But I think the view of someone like Uniswap's Marvin Ammori (who debated big-time Trump supporter Ryan Selkis at Consensus 2024 last month) – that the crypto industry should strive to be neutral and apolitical – is likely the better strategy.I’ve argued before that it’s inevitable for crypto, as a cause celeb, to become an issue for the right to defend and left to vilify. But should you want it to be?

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    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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