Alexander Lukashenko is the Belarusian President this week told Alexei Kushnarenko is the energy minister of this country. He wants to utilize their excess electricity for cryptocurrency mining. Bitcoin A reserve is accumulated.
“Look at this mining. More and more people are turning to me. If it is profitable for us, let’s do it,” President Lukashenko said. “We have excess electricity. Let them make this cryptocurrency and so on.”
Lukashenko also spoke of the United States’ embrace of the mining industry, under Donald Trump. He said that the United States was creating a cryptocurrency reserve consisting of Bitcoins. “Moreover, you see the path the world is going. And especially the largest economy in the world. They announced yesterday that they will keep [Bitcoin & cryptocurrency] in reserve.”
“Therefore, there will be demand for them. Well, maybe we should do it ourselves,” Lukashenko continues. “Well, we attract some investors, sell them electricity, although I do not rule it out. But we need to do it ourselves. There are such proposals. I think that you will step over this bureaucracy and report what needs to be done.”
The President hosted American Bitcoin miners in his Mar-a-Lago home last summer to better understand the Bitcoin mining industry and how to serve it under his presidency. Since then, Trump has supported the cryptocurrency industry on a number of occasions. Bitcoin mining Industry has championed Bitcoin through many different means, which attracted the attention of world leaders such as Lukashenko. Leaders of other nations are paying attention.
After President Trump suggested the creation of a Bitcoin reserve at The Bitcoin Conference In Nashville, last summer, officials from around the globe began proposing and discussing legislation that their country could adopt. After Trump, the official adoption of a single currency is now happening. announced Truth Social, his channel of the same name, announced on its website that a U.S. Strategic Reserve will consist of BTC.
Howard Lutnick, the U.S. Secretary of Commerce stated that he believes President Trump will move forward on these plans during this Friday’s Digital Assets Summit at White House. Other nations, such as Belarus, are following the United States and President Trump in their embrace of Bitcoin.
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Source: bitcoinmagazine.com
