Trump’s Crypto Playbook Is Now Clear
The world of crypto can feel impenetrable. The basic technology is complicated enough, but the subculture—with its own particular argot and decorum—is what’s truly forbidding. Even if you’re not quite ready to figure out what DePIN or zk-SNARKs are, you can get a solid glimpse into the industry right now just by looking at the lineup of the 2025 Bitcoin Conference, held late last month in Las Vegas. Speakers included goofball meme-coin boosters, good-hearted cypherpunks, crypto podcasters with names such as “Gwart,” and an army of Wall Street execs who seem to have waited until bitcoin hit $100,000 to give the whole crypto thing a shot.
There were also a whole lot of MAGA acolytes. Vice President J. D. Vance, the eldest Trump…
