Why Is Trump So Into Crypto?
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In 2019, President Donald Trump asserted that cryptocurrency was “highly volatile and based on thin air.” The description is still highly accurate—but Trump seems to no longer believe it. These days, he praises the crypto community as brimming with “the kind of spirit that built our country and is exciting to watch.”
What happened between Trump’s first and second terms is fairly predictable. Crypto advocates flattered him, and then he and his family personally invested in various crypto-related ventures. Just before his inauguration in 2025, he launched a $TRUMP meme coin, which reportedly has made his family and their partners a lot of money….
