The Crypto 4 Trump initiative is essentially an alliance of U.S.-based mining firms and exchanges seeking to end their mistreatment and negative regulatory environment in the U.S.
If U.S. miners are forced elsewhere, Bitcoin mining will simply decentralize, as we witnessed during China's mining ban, which ultimately proved beneficial for Bitcoin's network.
A victory for Trump may deregulate the crypto industry, allowing alternative coins to flourish, while a Kamala Harris presidency could mean stricter enforcement of U.S. securities laws.
Bitcoin has the potential to empower developing nations and disrupt current superpowers if the U.S. remains hostile towards its mining and broader crypto activities.
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