Trump and the politics of bitcoin

Quick Summary:

It is a safe bet that Donald Trump’s recent conversion to bitcoin is motivated by the big donations that come with it.

Bitcoin only exists because of block chain technology, which points to the genius of west coast innovation.

Much like the gold bugs of yesteryear, crypto’s enthusiasts believe that “fiat money” — government-issued money not backed by a commodity such as gold — is the root of all financial evil.

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Article Details

Author / Journalist: Edward Luce

Category: MarketsFinanceInvesting

Markets: United StatesChina

Topics: Trump’s Harris Trump Crypto Financial Thiel Bitcoin Gensler America’s Vance Investors

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-31 @ 12:11:32 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 833 words

Reading Time: 5 minutes read

Sentences: 53 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21872348

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 15 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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