Transcript
Jessica (0:00)
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Emily (0:31)
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Mark (1:01)
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Michael Popak (1:28)
All remaining Bitcoin should only be mined in the United States of America. Good old USA Bitcoin. So says Donald Trump. Another lie that's impossible to achieve because of his own failed environmental power, energy infrastructure, computing power and chip policies. I'm gonna break it all down for you right here on the Midas Dutch network. An illegal AF Donald Trump's in love with bitcoin. He's having an affair with bitcoin. There's no other way to describe it. He's got bitcoin and cryptocurrency moguls in his cabinet or around him. And Howard Lutnick and an Elon Musk. He himself owns a cryptocurrency company, loves cryptocurrency. His son went abroad into the Arab world, Eric Trump, and said, this is the golden age of the bitcoin. And Donald Trump responded and said, all remaining bitcoin. I'll talk to you about that in a minute. Should only be mined by miners here in the United States. Okay, let's break that down for a minute. Bitcoin. There's the because there's a limit on the amount of bitcoin that could ever be produced. That's what gives it its value. It's ultimately limited. 95% of all Bitcoin that will ever be created has already been mined and created and is already in circulation. The last 5%, they predict, will take us through the remaining 100 years. Take us 100 years to get the last 5% of Bitcoin. There's a lot of computing that has to go on, a lot of energy that has to be expended by miners around the world in order to generate that bitcoin and other cryptocurrency. We just don't have the power. We don't have the energy policy. We don't have the electric grid, we don't have the electricians, and we don't have the data centers that would. That would allow America to create all the remaining bitcoin. Just shows how Donald Trump doesn't understand how bitcoin mining works. I'll tell you where bitcoin mining is happening. The vast majority of cryptocurrency mining is happening outside the United States, like places like the United Arab Emirates, run by the Dubai, another royal family in Russia, in China, and in Africa, and in places in Africa like Ethiopia. Why? Because they have alternate forms of energy and clean energy that generates huge, huge amounts of power necessary for these cryptocurrency mining operations. We don't have that because Donald Trump is against all the policies that favor wind turbines, hydroelectric power, solar power, and the rest. So if you're Ethiopia and you've got access to tremendous hydroelectric electric power generation, you're already in the running to be a leader in cryptocurrency mining. Same thing in Russia. Same thing in China and in United Arab Emirates. They use wind, wind turbines, the ones that Donald Trump hates. That is what generates all this power. We only have a few places in America where clean energy can generate that level of power required to support the data centers, to support the computing, to support the quote, unquote, mining of this cryptocurrency. Washington State is one of them. Washington State has hydroelectric, has other forms of power. And that's why I'll tell you, for those out there that have children, the number one job moving forward in America because of cryptocurrency mining is going to be electricians. There is a shortage of electricians in America who can hook up these data centers and hook up the power in to allow for cryptocurrency mining. They're in short supply, high demand in places like Washington State, but we just don't have enough places like Washington state and with the limits that Donald Trump already places. Cuz he never takes, he never takes responsibility for anything. He the number one anti clean energy, anti solar, anti even anti electric car and the battery production that's required for that. He did not invest in chip manufacturing or science. That was Joe Biden. He did not invest in clean energy, wind, solar, hydroelectric and the like. That's Joe Biden. I mean one of the ironies is that in order to have more cryptocurrency mining, if that is a policy of your country, which Donald Trump seems to make it, you gotta have the power to do it. Power runs the mining operation and Donald Trump's own policies have undermined all of that. And the irony is Joe Biden should be getting the credit if we become a cryptocurrency mining capital of the world. But we're not. Currently it's being done by the Arab world, Russia, China and Africa who all want to get an advantage in the.