This week, Belarus President Alexander Lukashenko to the country’s energy minister Alexei Kushnarenko told him he wants to use their excess of electricity to my cryptocurrency as Bitcoin to accumulate a reserve.
“Look at this mining. More and more people are approaching me. If it is profitable for us, let’s do it, ”said President Lukashenko. “We have excess electricity. Let them do this cryptocurrency and so on. ”
President Lukashenko affected how the United States embraces the mining sector under President Donald Trump, and also creates a strategic reserve of Bitcoin and other cryptocurrencies: “Furthermore, you see the path the world is going. And especially the biggest 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 continued. “Well, we attract some investors, sell them electricity, even if I don’t exclude it. But we have to do it ourselves. There are such suggestions. I think you will step over this bureaucracy and report what needs to be done. “
Last summer, President Trump hosted US-based Bitcoin mining workers in his Mar-A-Lago residence to learn and gain a better understanding of the industry to best serve them under what would be his upcoming presidency. Since then, President Trump has repeatedly supported the Bitcoin mining sector and advanced Bitcoin in many other ways and caught other world leaders like Lukashenko. Other country leaders notice.
Since President Trump suggested the idea of setting up a strategic reserve of Bitcoin at the Bitcoin conference in Nashville last summer, government officials all over the world have begun to propose legislation on their own country to adopt it as well and have discussed the potential opportunity to adopt one. Now it is officially happening after Trump announced on his truth’s social channel that there will be an American strategic reserve of BTC.
US trade secretary Howard Lutnick today stated that he believes President Trump will move forward with these plans at the White Huss summit on digital assets this Friday. As President Trump and the United States continue to embrace Bitcoin, other nations are aware that Belarus follows as the nation state’s adoption accelerates.