00:00It's Benzinga and here's what's on the block.
00:02Donald Trump voiced support for Bitcoin and bringing Bitcoin mining operations to the
00:07US in a post on his True Social platform late on Tuesday night.
00:11He claimed that Bitcoin mining may be the last defense against central banks implementing
00:15digital currencies.
00:16Cryptocurrencies like Bitcoin are unlikely to be a decisive factor in elections as most
00:20Americans are skeptical of them as reliable stores of value according to polls.
00:25Trump attacked Biden for his hatred of Bitcoin and said he was helping foreign powers by
00:29not embracing Bitcoin, though Biden's administration has been mostly quiet on the issue.