Expert Debunks Trump's 'Made in USA' Promise: 'Not in Reality

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A tech expert criticized President-elect Donald Trump's promise to have all remaining Bitcoin be "made in the U.S.A." once he takes office next month

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Ensuring the U.S. leads the decentralized multibillion-dollar Bitcoin industry is a "near impossible" task, Bloomberg reported

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Ethan Vera, COO of Luxor Technology, called Trump's Bitcoin claim "a Trump-like comment" but "definitely not in reality"

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Blockchains are decentralized networks where no one controls or can be banned from participating, making Trump's Bitcoin claim unrealistic, Bloomberg reported

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Blockchains are decentralized networks where no one controls or can be banned from participating, making Trump's Bitcoin claim unrealistic, Bloomberg reported

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Over 95% of the 21 million Bitcoin have been minted, though the hard cap won't be reached for another 100 years, according to Bloomberg

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Russian oligarchs, Dubai royals, and Chinese businessmen are emerging as new competitors in the Bitcoin mining market

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Kush Desai, a spokesman for the Trump-Vance transition, said the administration aims to ensure U.S. leadership in cryptocurrency, from mining to end-use solutions, by working with industry leaders

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