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Are Donald Trump's Ambitious Bitcoin Goals Feasible?

Benzinga ·  Dec 27 01:33

Donald Trump's campaign promise to bring allBitcoin(CRYPTO: BTC) mining operations back to the United States faces considerable obstacles, despite his newfound support for the cryptocurrency industry.

This pledge, made following discussions with leaders in the crypto mining field, symbolizes Trump's shift from a skeptic to a champion of digital assets.

What Happened:Experts in the field acknowledge that the decentralized structure of Bitcoin renders such a goal impractical, if not impossible, according to Bloomberg.

While the concept might serve as a show of support, the reality is that Bitcoin mining is a highly competitive, worldwide endeavor.

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