US President Donald Trump has named prominent Bitcoin advocate Mick Mulvaney as his new White House chief of staff. Trump is one of the most controversial figures in the world at the moment, and whether you love or hate him, the crypto industry stands to benefit greatly from having one of the biggest crypto enthusiasts wield influence over America's President.
What can be said for sure about Trump is that he loves to make money. Mick Mulvaney, in turn, is well aware of how blockchain and cryptocurrencies in general work. For several years now, he has been working with the Blockchain Caucus to promote the technology to US legislators.
To better understand Mulvaney's views on Bitcoin, here is one of his statements made during the creation of the Blockchain Caucus:
Blockchain technology has the potential to revolutionize the financial services industry, the US economy, and the delivery of government services. I am proud to be part of this initiative.
Even though Donald Trump has been constantly criticized for some of his decisions, especially in the areas of foreign policy and immigration, he appears to be at least partially aware of the potential of blockchain.
The appointment of Mick Mulvaney as chief of staff is undoubtedly positive news for all fans of digital currencies.
According to www.ccn.com
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