Donald Trump and the “crypto capital of the planet”

How times change. Only three years ago, President-elect Donald Trump declared cryptocurrencies to be a “scam” and a threat to the primacy of the dollar in the international economy. We think he was right to be concerned on both counts. Yet in his keynote address to the Bitcoin 2024 conference, Donald Trump reversed his position and promised to make the United States “the crypto capital of the planet” if he were elected. Now his son Eric reminds the world of this campaign promise made in July 2024.

Given the Trump family’s personal investments in crypto and the growing social influence of prominent crypto entrepreneurs, enlightened self-interest is clearly a major force. At the Bitcoin conference, Trump and Robert F. Kennedy Jr…

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