Inside the Trump Crypto Bromance

The Journal.

The Wall Street Journal

Daily News, Business News, News

4.2 • 5.3K Ratings

🗓️ 25 September 2024

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Former president Donald Trump wants to be the crypto president. With stops at a bitcoin conference and a bitcoin-themed bar, Trump is tapping into an industry that’s eager to support a crypto-friendly candidate. WSJ’s Vicky Huang explains how Trump and the crypto industry have cozied up ahead of the 2024 election. Further Reading: - Trump Hitches His Campaign to the Crypto Crowd - That Time Donald Trump Walked Into a Bar and Bought a Round Using Bitcoin - The Crypto Industry Is Trying to Elect Political Allies. The Stakes Couldn’t Be Higher. Further Listening: - Elon Musk and Silicon Valley Turn Towards Trump Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	former President Donald Trump walked into a bar in Manhattan last week
0:18.0	where he talked to his supporters, signed some menus, and bought a round of
0:22.2	hamburgers and Diet Coakes.
0:23.8	Would you like one? You want a hamburger?
0:25.8	These burgers are killer. They really are good.
0:28.8	Say me a bite.
0:29.8	But when Trump went to pay, he didn't pull out cash or credit card.
0:34.4	Instead, he brought out his phone,
0:36.4	and paid with Bitcoin.
0:43.4	All right, we're done.
0:45.0	The first transaction by a president on the Bitcoin protocol.
0:50.0	History.
0:52.0	You know what that means?
0:53.0	It's history.
0:55.0	History in America.
0:56.0	Hello everybody.
0:58.0	I gotta go back.
0:59.0	The bar Trump was at is called Pub Key and it's a Bitcoin themed bar.
1:06.2	I guess if you just walk in it looks like any other bar.
1:10.4	That's our colleague Vicky Huang.
1:12.3	But if you take a closer look,
1:15.0	you would just be able to spot some of the things that
	...

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