Who Really Understands Bitcoin? Trump, CZ, and the Power Behind Crypto
Earn Your Leisure
iHeartPodcasts
4.8 • 7.8K Ratings
🗓️ 9 November 2025
⏱️ 10 minutes
🧾️ Download transcript
Summary
In this clip of Market Mondays, Rashad Bilal and Troy Millings dive deep into the world of crypto, power, and politics. Starting with a comparison between Trump, Kanye, and Elon Musk, the conversation quickly explores how influential figures often rely on high-level advisors and sound bites rather than in-depth knowledge. Rashad Bilal shares insights into Trump’s handling of crypto topics like Bitcoin and Binance, revealing how the former president deflects detailed questions and spins challenges to his advantage. Troy Millings joins in to discuss the reality that many investors—even billionaires—often lack real understanding of their assets, highlighting that deploying capital can matter more than mastering every technical detail. The clip further unpacks why those in positions of power, from political leaders to sports team owners, trust advisors and how this dynamic has led to financial scandals like Bernie Madoff’s Ponzi scheme. Together, the hosts reflect on policy decisions, protecting oneself with plausible deniability, and the strategic ignorance at the highest levels of business and government. They talk about the murky origins of Bitcoin and how most people, including major investors and leaders, would probably fail a Bitcoin quiz. The discussion closes with reflections on how misinformation and trusted circles shape decision-making in finance and politics—raising important questions about who actually holds knowledge and power in the markets. Whether you’re curious about how world leaders handle crypto, or want to understand the dynamic between knowledge and investing, this Market Mondays clip is a must-watch! **Hashtags:** #MarketMondays #CryptoTalk #Bitcoin #Investing #Trump #Binance #FinancialAdvisors #PonziScheme #KanyeWest #ElonMusk #PoliticalPower #BitcoinQuiz #CZ #SamBankmanFried #FinanceDiscussion
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Transcript
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| 0:00.0 | there than the cost of houses. It did, it did rise for a little bit. Yeah, yeah. But the thing about Trump too is that he's kind of like Kanye, because remember I said that Elon Musk is like Kanye. You did. Trump is actually a lot. He has a lot of similarities to Kanye also because remember they were saying like when Kanye, how Kanye doesn't really read a lot, he receives his information from people around him. That's why he can't really explain things. And Trump is the same way. Like even if you're watching him yesterday, like he doubled down. You would think by now the first time he got asked the question, he had time to research who the Bhan's founder was. He just doubled down. He said, I don't know who he said, I'm going to tell you something. I don't know. |
| 0:38.8 | But so this goes back to Venezuela, Nigeria, a variety of different things. You could tell that people are telling him things. |
| 0:46.7 | Yeah. They're telling him high level talking that he can remember that he can remember that it's easy to repeat but if you |
| 0:56.3 | ask him like detailed questions he has he has no idea how to actually |
| 1:02.1 | respond on it so he's but he's good at spinning it as far as like brushing |
| 1:05.9 | it off deflecting insulting people but he he's he's he's getting fed a lot of information and very short sound bites. There's a time. Yeah, he has actually no idea what he's talking about. How much do you believe him? Like, do you feel- I believe him a lot? Because when I heard the response, I thought he was, I didn't think he was going to double down. He actually tripled down and said, I'm going to break some news here. I don't know who he is. But then the very next line, I believe, was when they asked about Bitcoin and he said he's not familiar with it. And then they brought up the fact of his, I mean, his, his family's firm has made billions in Bitcoin. It was kind of like, I believe him a lot. He's 80 years old. I don't, I don't |
| 1:44.7 | know how much of that is. I feel like what's true. I think is a high level as far as like, I don't do I think he understands what nodes are and the and the inner workings of the blockchain? No, I don't think so. I don't think so at all. I think he knows enough to have people in position. |
| 2:00.4 | He, |
| 2:00.6 | because he's, |
| 2:01.0 | I mean, |
| 2:01.3 | the guy's busy, |
| 2:02.0 | right? |
| 2:02.5 | He's running a country. |
| 2:03.6 | He's doing real estate. |
| 2:04.6 | He's, I mean, |
| 2:01.3 | the guy's busy, right? He's running a country. He's doing real estate. He's running. So it is |
| 2:07.1 | understandable not to be extremely knowledgeable in a variety of different things. And I don't |
| 2:12.3 | think he's, I don't think he's knowledgeable on a lot of stuff. Because you could just, some stuff, |
| 2:17.3 | you could just tell stuff you could just |
| 2:17.6 | tell you could just tell that he's not knowledgeable but he like I say he does a |
| 2:21.8 | good job at spinning things off and even when he was like um they came at me |
| 2:28.6 | they they said that I was and the reporter actually did a terrible job at |
... |
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