How Trump Went from Bitcoin Skeptic to Supporter

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How Trump Went from Bitcoin Skeptic to Supporter Donald Trump’s return to the White House coincides with a massive rally in cryptocurrencies amid hopes of looser regulation. Trump’s nomination of the pro-crypto Paul Atkins to be chair of the Securities and Exchange Commission has provided support for that enthusiasm. It also helped Bitcoin hit $100,000 for the first time, a significant milestone after 16 years of boom and bust. But for the average American, crypto still comes with plenty of risks. Get the Bloomberg Crypto newsletter for the essential read on the crypto universe. 00:00 Introduction 01:26 Bitcoin’s wild ride 03:11 Trump’s crypto flip-flop 05:15 NYC’s Bitcoin-themed bar 06:07 Trump’s promises 07:45 What’s next? -------- Like this video? Subscribe: Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.
  2025/01/10      youtube

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