🇺🇸 Trump Shares “Greatest Bitcoin Statement of All Time”

What happened: President Trump posted a video on Truth Social, calling Peter Van Valkenburgh’s 2018 Senate testimony “the greatest Bitcoin explanation of all time” .

In the clip: The Coin Center research director defended Bitcoin’s decentralized nature, its role in financial innovation, and how it promotes individual freedom and privacy. A standout point:

> “Why is Bitcoin revolutionary? … it works without the need for an intermediary.”

🗓 Timing & Context

Days after signing the GENIUS Act—legislation that establishes federal rules for stablecoins and marks a major crypto policy shift .

A sharp pivot from 2021, when Trump called Bitcoin a scam and said crypto was weakening the U.S. dollar. Now he describes digital assets as key to American innovation and sovereignty .

🔑 Why It Matters

1. Policy momentum – Aligns with Trump’s pro-crypto push: the GENIUS Act, executive actions on a Strategic Bitcoin Reserve, and crypto-friendly appointees .

2. Messaging impact – His endorsement exposes a mainstream audience to Bitcoin’s decentralized benefits, shifting the narrative from skepticism to actual utility .

3. Market response – The post followed Bitcoin’s recent surge above $118K–$120K, itself propelled by Trump-era momentum and institutional flows .

⚖️ The Bottom Line

Trump’s latest move is more than a soundbite—it ties together a shift in tone, policy, and public perception:

Rewards Bitcoin with presidential-level endorsement

Follows hard on crypto legislation aimed at defining stablecoins, a national Bitcoin reserve, and relaxed regulatory oversight

Signals that digital assets may play a central role in his vision for U.S. financial leadership

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