4.6 • 4.1K Ratings
🗓️ 28 May 2025
⏱️ 42 minutes
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0:00.0 | Welcome to the beat, everyone. I'm Ari Melbourne, and we start with what can only be described, I should say, as a self-enrichment scheme. |
0:08.7 | Normally, presidents are busy presidenting, and they're not trying to get a lot of money for themselves during their time in office. |
0:15.4 | But President Trump is going down the road of this crypto self-enrichment, with many experts saying it is an open door |
0:22.8 | for corruption. Now, I want to show you a trifecta. J.D. Vance, along with Trump's adult sons, |
0:31.0 | family members, going to a major crypto conference in Las Vegas. So this is their priority, |
0:36.7 | whether that is policy, business self-enrichment, |
0:39.8 | or a conflict mix of the two is one of the big questions tonight. Now, experts, lawmakers, |
0:46.3 | Trump himself, have warned that while crypto may serve some purposes for some people, |
0:51.3 | it is a high-risk gamble, definitely a way that you could lose money. |
0:55.7 | So if you don't have a lot of money to lose, be careful. |
0:58.2 | All of those kind of warnings we heard before Donald Trump found these donors, what some |
1:04.9 | called the Trump Crypto Alliance. |
1:07.9 | That's a mouthful there, but I'm quoting the Wall Street Journal headline. |
1:11.0 | This week is Family's Media Company, right, which said they wanted to do truth. Social and that stuff |
1:15.5 | now has found, with the power of the presidency, they're changing gears. They want to bring in over |
1:20.4 | $2 billion in Bitcoin while Trump oversees a government that's supposed to regulate it. |
1:26.3 | So that's where the self-enrichment comes |
1:28.3 | from, regulating, profiting, and then cheerleading what everyone understands to be a new and |
1:34.8 | potentially costly dangerous techno situation. Here was J.D. Vance. I'm here today to say, |
1:43.3 | loud and clear, with President Trump, |
1:46.1 | Crypto finally has a champion and an ally in the White House. |
1:49.9 | Maybe the most important thing that we did for this community, |
... |
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