David Bailey, the CEO of Bitcoin Magazine and a cryptocurrency advisor to the Trump campaign, has announced that Former President Donald Trump will be joining a Presidential Roundtable discussion on domestic bitcoin mining as part of a new cryptocurrency-friendly policy. Bailey mentioned that prominent U.S. miners will also be in attendance at the event, although he did not reveal the full list of participants.
Reportedly, Trump will be taking part in the Presidential Roundtable on Bitcoin Mining, as the cryptocurrency continues to play a significant role in the ongoing presidential race. Bailey, who is a key figure in the realm of cryptocurrency, expressed his excitement about the upcoming event, labeling it as a momentous occasion where major players in the mining industry will have the opportunity to engage with the “next president of the United States.” However, details regarding which mining companies or individuals will be present at the event have not been disclosed.
In a subsequent post on X platform, Bailey hinted that well-known figures from the mining sector will be part of this significant gathering. He emphasized the growing involvement of the mining industry, indicating that they are keen on making a positive impact.
Trump’s stance on cryptocurrency and its regulation shifted during an NFT gala in May, where he announced that his campaign would start accepting cryptocurrency donations. He also criticized President Joe Biden’s lack of understanding about crypto, asserting his commitment to supporting the crypto industry in the U.S. and preventing policies that could harm it, leading companies to move abroad. Bailey even mentioned that Trump had raised the idea of utilizing bitcoin to address the massive $35 trillion U.S. national debt.
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