Swamp Notes: America’s first ‘Bitcoin president’
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 7 December 2024
⏱️ 18 minutes
🧾️ Download transcript
Summary
Donald Trump once called cryptocurrencies a “scam”. He’s long since changed his tune, and now, crypto enthusiasts are hoping he’ll catapult the industry into the financial mainstream. The FT’s digital markets correspondent Nikou Asgari and US legal and enforcement correspondent Stefania Palma join this week’s Swamp Notes to discuss what the industry could look like under a second Trump administration.
Mentioned in this podcast:
Crypto advocate Paul Atkins picked as SEC chair by Donald Trump
Bitcoin hits $100,000 as Trump era hopes grow
Trump picks Musk ally David Sacks as crypto and AI tsar
The grim ghost of crypto future
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Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.
CREDIT: Washington Post, Bitcoin Magazine
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. |
| 0:03.0 | Currently, we supply 27% of the UK's gas, 15% of its oil, |
| 0:07.7 | and we're playing our part in the UK's energy transition. |
| 0:11.0 | Our wind farms power 750,000 homes, |
| 0:14.0 | and we expect that to grow to over 7 million. |
| 0:16.5 | Last year, we invested 20% of our global growth spend in renewables |
| 0:20.1 | and lower carbon solutions. |
| 0:22.0 | We plan to increase that to 50% by 2030. |
| 0:25.4 | We're an energy company searching for better. |
| 0:28.4 | Equinore.com.uk. |
| 0:33.5 | On election day last month, the price of a Bitcoin closed just below $70,000 U.S. dollars. |
| 0:40.4 | Respectable. |
| 0:41.6 | But now, with Donald Trump heading back to the White House, the price has soared. |
| 0:45.9 | And this week, it started trading for the first time above $100,000. |
| 0:56.7 | This is Swamp Notes, the weekly podcast from the FT News Briefing, where we talk about |
| 1:01.6 | all of the things happening in U.S. politics. |
| 1:04.8 | I'm Sonia Hudson. |
| 1:06.3 | And this week we're asking, will Donald Trump be America's first Bitcoin president? |
| 1:12.3 | Here with me to discuss is Niku Asgari. |
| 1:14.9 | She's the FTs digital markets correspondent and is currently in Singapore at a crypto conference. |
| 1:20.7 | Hi, Niku. |
| 1:21.5 | Hi. |
... |
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