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Reading: US Trade Minister and April 28 Bitcoin (BTC) statements
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > US Trade Minister and April 28 Bitcoin (BTC) statements
Bitcoin and BTC

US Trade Minister and April 28 Bitcoin (BTC) statements

vitalclick
Last updated: April 29, 2025 12:47 am
4 weeks ago
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US Trade Minister Howard Lutnick showed strategic approaches to Bitcoin in an interview, where he shared his views on innovations in the field of national economy and technology. The Minister said that the country’s administration aims to support the development of the sector with its investment accelerator program. He also argued that Bitcoin should be considered as a valuable commodity instead of a currency.

Support for Bitcoin miners

The US Department of Commerce aims to provide convenience to companies that will invest with the investment accelerator program initiated in March 2025. The program aims to support investors to implement new projects in the United States. Within the scope of this application, it is planned to give sector representatives to establish facilities close to local energy sources.

Bitcoin is a commodity

Minister Lutnick said Bitcoin should be considered as a valuable commodity, such as gold and oil, not the currency.

Howard Lutnick: “Bitcoin should be evaluated as a commodity and commodity. It should be handled as in the case of gold and oil.”

This approach raised the possibility of adaptation of the methods applied under economic calculations to Bitcoin.

Crypto coins and USA

Lutnick stated that the current administration has given the whole support to Bitcoin and said that they have a determined attitude to integrate the sector into the national economy. Unlike the restrictive policies implemented in previous periods, the management aimed to encourage the growth of the sector. The Minister stressed that America is in a unique position for the business world.

The Minister added that the investment accelerator will allow Bitcoin miners to establish their own power plants to meet the energy needs. In this model, the sector is expected to go out of the current energy network and use local energy sources such as waste gas.

Howard Lutnick explained that the sector could determine its own destiny and control electricity costs, while America has opened its doors to new generation miners in this field.

Howard Lutnick said: “In the United States, miners will be able to determine their own destiny and control their energy costs.”

In general evaluations, the US administration’s supportive policies for the Bitcoin sector are expected to accelerate the development of the sector. Investment accelerator application and commodity approach can also be effective in long -term economic calculations. These steps, America’s technological and economic leadership position to strengthen the ground is expressed.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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