Crypto Policy & US Dollar - The industry believes the President's understanding of Bitcoin evolved from skepticism to acceptance through increased exposure and better explanations of its potential [1] - The industry suggests the President, as an entrepreneur, recognized the opportunity for the country and the Republican Party in crypto [2] - The industry highlights the President's initial concern that Bitcoin could undermine the US dollar [3] - The industry reframed Bitcoin as a "digital gold" akin to Fort Knox, arguing that storing digital gold would strengthen, not weaken, the US dollar [4][5] - The industry advocated for building a "digital Fort Knox" to store digital gold, aiming to extend the lifespan and relevance of the US dollar [5] Strategic Implications - The industry emphasizes the importance of reframing the discussion around the benefits of Bitcoin to the US financial and monetary system to gain support [5] - The industry views the President's support as a turning point for crypto policy in the US [3] - The industry is thankful for the President's stewardship of crypto policy [3]
The Trump family's crypto journey
Bloomberg Televisionยท2025-09-10 13:24