As Trump Takes a Victory Lap, the Crypto Faithful Kiss the Ring

On the campaign trail, Trump went out of his way to court their favor. In July, speaking to thousands of bitcoiners at a conference in Nashville, Tennessee, Trump duly sang from the bitcoin hymn sheet, promising to cement the US as the foremost bitcoin mining powerhouse, establish a national “bitcoin stockpile,” and appoint a bitcoin advisory council if reelected. Trump claimed he would turn the US into the “crypto capital of the planet.”

In October, Trump went as far as to launch his own crypto platform, World Liberty Financial, which his family has marketed as a way to “make finance great again.” The platform is set to provide peer-to-peer borrowing and lending services of some flavor, though the Trumps have provided few…

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