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How Trump Became Pro-Bitcoin: Report Reveals How It Happened

Bitcoinist LogoBitcoinist6d ago

How Trump Became Pro-Bitcoin: Report Reveals How It Happened - Bitcoinist

Quick Summary:

The transformation of former US President Donald Trump from a Bitcoin skeptic to an advocate has stunned both political and financial communities.

This seismic shift which culminated at the Bitcoin 2024 conference in Nashville was a concerted effort by a trio of influential Bitcoin proponents, led by David Bailey, CEO of media group BTC Inc.

This session allowed Trump to engage with the technical and economic aspects of BTC mining, framed as a solution to the US energy deficit and a counterbalance to technological competition from abroad.


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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-27 @ 08:00:58 (6 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 593 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22276940

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 15 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "How Trump Became Pro-Bitcoin: Report Reveals How It Happened" was covered 6 days ago by Bitcoinist, a news publisher based in Hungary.

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The outlet is headquartered in Hungary and publishes an average of 15 news stories per day.

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  • URL: https://beamstart.com/news/how-trump-became-pro-bitcoin-17247465244316

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