One month after achieving a milestone election victory in November, Trump reiterated his commitment that under the new administration, the United States 'will achieve great success in the field of Crypto Assets'.

"Because we don't want China or anyone else - everyone else is embracing it, and we want to be the leader," the new president told CNBC's Jim Cramer. "We want to be the leader in artificial intelligence. We will be ahead of artificial intelligence."

"We have to produce a large amount of electricity. You know," he explained. "It's hard to believe when you think that we need more than twice the existing electricity, but we can do it."

In Trump's view, in an ideal world, all remaining bitcoins will be mined in the United States.

Investor's bottom line

If you think Redditors competing for Bitcoin has driven its price to unbelievable levels, imagine what would happen when sovereign world powers join the competition.

In the past four-year cycle, Wall Street has supported the price growth of Bitcoin through custody products and ETFs. The adoption by sovereigns will support the next phase of Bitcoin price growth.