In 2019, President Trump tweeted: “I’m not a fan of Bitcoin and different Cryptocurrencies.” Immediately, the Trumps are throughout crypto.
There are memecoins for Trump and the primary woman. They personal a stablecoin, a bitcoin mining operation, and a crypto monetary companies firm. And, on the Bitcoin 2025 convention, Trump’s media group introduced they’re elevating 2.5 billion {dollars} from buyers to purchase bitcoin.
At that very same convention, audio system included two White Home advisors, two sons of the US president, the son of the U.S. Commerce Secretary, and a Trump appointee to the Securities and Alternate Fee. For a cryptocurrency constructed on independence from huge authorities, this was a swerve.
So, what occurs when the President of america showers his love on the crypto neighborhood … whereas additionally turning into a crypto entrepreneur himself? We comply with alongside as Trump Inc.‘s Ilya Marritz and Andrea Bernstein spend three days on the Las Vegas convention middle the place convicts are cheered, oversight and regulation are booed, and the separation of crypto and state now not applies.
Discover extra Planet Cash: Fb / Instagram / TikTok / Our weekly E-newsletter.
Hear free at these hyperlinks: Apple Podcasts, Spotify, the NPR app or wherever you get podcasts.
Assist help Planet Cash and listen to our bonus episodes by subscribing to Planet Cash+ in Apple Podcasts or at plus.npr.org/planetmoney.
(Picture credit score: IAN MAULE)