Matt Prusak, the CEO of American Bitcoin, told Newsmax Wednesday that President Donald Trump’s support for the industry gives him hope for its future.

Prusak founded American Bitcoin with Donald Trump, Jr. and Eric Trump.

“Bitcoin is the currency of the internet. In some ways it’s digital gold,” Prusak said on Newsmax’s “Newsline.” “Approximately 50 million Americans own Bitcoin. That’s actually more than the amount of Americans that own gold.”

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