Why is Trump So Into Crypto?

Radio Atlantic

The Atlantic

Politics, News, Society & Culture

4.4 • 1.9K Ratings

🗓️ 1 May 2025

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the past few years, Donald Trump has changed his mind about cryptocurrency. He’s gone from believing it was “based on thin air” to wanting the U.S. to become the “crypto capital of the world.” Atlantic staff writer Annie Lowrey breaks down how the president’s reversal of opinion about this notoriously volatile industry could destabilize the U.S. financial system—and lead to a crypto-induced economic crisis. Get more from your favorite Atlantic voices when you subscribe. You’ll enjoy unlimited access to Pulitzer-winning journalism, from clear-eyed analysis and insight on breaking news to fascinating explorations of our world. Subscribe today at TheAtlantic.com/podsub. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Kate's just off to work after sleeping in the best bed in the business.
0:04.0	And my word, doesn't she look ready for anything?
0:07.0	Something about her smile is just brighter.
0:10.0	Her eyes seem glintier, and she just feels so much more...
0:15.0	Kate-ier?
0:16.0	Of course it's no surprise really, because last night she slept at Premier Inn,
0:20.0	and she got
0:21.3	up to 15% off with business booker.
0:24.2	Get better sleep for your money.
0:26.4	Premier Inn, rest easy.
0:28.6	T's and C is apply.
0:31.4	Amazon offers term time working to their employees, like Anton, who's home to look after his daughters during their holidays.
0:40.3	Hello!
0:41.3	To him, this is the best sound in the world.
0:43.3	Dad!
0:44.3	Actually, maybe that's the best sound of all.
0:50.3	Now that's term time working.
0:53.3	Offered at Amazon. Ten weeks off guaranteed per year.
0:57.2	Mix of paid holiday and unpaid time off. Conditions apply. The Bitcoin boom persists. The price is
1:05.9	not dipped since Donald Trump was elected skyrocketing 40% in just the past two weeks.
1:16.8	The president-elect vowing to turn the United States into the crypto capital of the planet.
1:21.4	Cryptocurrencies like Bitcoin have been around for a while now.
	...

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