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Trump Shares ‘Greatest Bitcoin Explanation Of All Time’—Is It A Hint?
In a surprise move, President Donald Trump has taken to his Truth Social platform to share what he calls the “greatest Bitcoin explanation of all time.” The video in question is an excerpt from Coin Center research director Peter Van Valkenburgh’s 2018 Senate testimony. During this hearing, Van Valkenburgh outlined the fundamental nature of Bitcoin, highlighting its potential impact on the global financial system.
In his social media post, Trump emphasized the importance of watching the full clip, claiming that it provides a profound understanding of the cryptocurrency. The video features Van Valkenburgh explaining the core concept of Bitcoin as “the world’s first publicly accessible digital payments infrastructure.” He further explained that this infrastructure allows users to send and receive value globally using only a computer and an internet connection.
The significance of Trump’s post lies in its timing. Just hours away from the release of the long-awaited GENIUS Act, which is expected to set new precedent in terms of dollar-backed stablecoins, the president has rekindled interest in Bitcoin and blockchain technology.
Source: bitcoinist.com
