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    Home » U.S. Secretary of Commerce Discusses Cryptocurrency Developments: Bitcoin Set to Enter a Golden Era in the United States
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    U.S. Secretary of Commerce Discusses Cryptocurrency Developments: Bitcoin Set to Enter a Golden Era in the United States

    By adminApr. 29, 2025003 Mins Read
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    U.S. Secretary of Commerce Discusses Cryptocurrency Developments: Bitcoin Set to Enter a Golden Era in the United States
    U.S. Secretary of Commerce Discusses Cryptocurrency Developments: Bitcoin Set to Enter a Golden Era in the United States
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    Investment Accelerator Assists Bitcoin Mining Companies

    On March 31, 2025, the U.S. Department of Commerce officially launched the “Investment Accelerator” program, aimed at assisting potential investors in rapidly establishing emerging enterprises in the United States. This comprehensive initiative provides guidance for businesses to understand relevant regulations and helps obtain necessary permits, thereby expediting project initiation. Lutnik pointed out that this program will greatly benefit bitcoin mining companies. In an interview, Lutnik stated:

    “We want to ensure that those who wish to mine in the United States can smoothly find ideal locations and build their own power plants nearby.”

    He added that miners do not necessarily have to rely on the existing power grid, as they can directly utilize waste gas energy to set up data centers above gas fields and construct their own power generation facilities. “The next generation of American miners will be able to take control of their own destiny and manage power costs. I believe this will fundamentally drive the development of the bitcoin mining industry in the United States.”

    Bitcoin Should Be Considered a “Commodity”

    In the interview, Lutnik explicitly expressed his views on the positioning of bitcoin, stating that bitcoin should be regarded as a commodity rather than currency. Lutnik said:

    “Bitcoin is a commodity, and it should be treated like oil or gold.”

    He further revealed that in the future, there is a possibility of considering the inclusion of bitcoin in economic indicators calculated by the Bureau of Economic Analysis (BEA), similar to the current use of gold as a statistical basis. Currently, the BEA includes gold imports and exports in the preparation of national economic accounts (including GDP) and international transaction accounts (ITAs), and bitcoin may also obtain similar status in the future.

    The U.S. Welcomes the Bitcoin Industry

    Lutnik emphasized that the current administration holds an open and proactive attitude towards bitcoin. He specifically mentioned that David Sacks, the current White House official responsible for AI and cryptocurrency policy, is also a firm supporter of bitcoin. Lutnik stated that the Trump administration’s goal is to help the bitcoin industry achieve maximum success in the United States, contrasting sharply with the hostile attitude during the Biden administration.

    “During the Biden administration, the bitcoin industry was treated as if it had done something wrong. But now, that era has become a thing of the past and will never return.”

    Lutnik further noted that once the United States embraces a particular industry, it will not easily abandon it, a phenomenon that has never happened in the past and will not happen in the future. He firmly asserted that the United States will undoubtedly be a supportive country for bitcoin in the future, marking an irreversible trend.

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