Trump Endorses Bitcoin—Is This the Start of a Crypto Revolution? 🤔

Well, folks, it seems even the most unlikely characters can’t resist the siren song of Bitcoin. On July 21, in the dead of night (because why not?), former President Donald Trump took to Truth Social—his digital pulpit—to share what he called the “greatest Bitcoin explanation of all time.” And who was the star of this grand revelation? None other than Peter Van Valkenburgh, a man whose name sounds like it belongs in a Tolkien novel, but who happens to be Coin Center’s research director. Trump urged his followers to watch the full clip, presumably while sipping coffee and pondering the mysteries of blockchain. ☕️

The video itself is a relic from 2018, recorded during a Senate Banking Committee hearing on crypto—a time when Bitcoin was still the wild west of finance, and nobody really knew how to pronounce “blockchain” without tripping over their tongues. Van Valkenburgh, with the calm demeanor of a schoolteacher explaining fractions, tells lawmakers that Bitcoin is “the world’s first public digital payments infrastructure.” He goes on to say it lets you send and receive value across the globe using nothing more than a computer and an internet connection. Oh, and he throws in a little cherry on top by calling Bitcoin a “computer-science breakthrough” comparable to the birth of the internet. 🌐✨

trump just posted that epic bitcoin & blockchain innovation speech from coincenter’s van valkenburgh

— Alex Thorn (@intangiblecoins) July 21, 2025

But wait, there’s more! Is this late-night social media post just another random act of internet chaos, or is it a breadcrumb leading us to something bigger? Rumor has it, Trump’s endorsement might be tied to a report due on July 22—a report that could reveal the U.S. government’s official Bitcoin stash and outline plans for a Strategic Bitcoin Reserve. Yes, you heard that right. The same government that once seized Silk Road coins is now hoarding BTC like a dragon guarding its treasure. 🐉💰

Independent estimates suggest Uncle Sam holds around 200,000 BTC—worth roughly $20.4 billion at current prices. That makes Washington the largest sovereign holder of Bitcoin, which is either impressive or terrifying, depending on how you look at it. But here’s the kicker: back in December 2024, the Biden administration started liquidating some of those coins. Trump’s March order, however, flips the script entirely, forbidding further sales and demanding cost-neutral acquisition strategies. So, no spending taxpayer money on Bitcoin, but also no selling it off like last year’s leftovers. 🚫💸

And let’s not forget “Crypto Week,” where Trump signed the GENIUS Act (a name that practically screams late-night infomercial) and advanced other bills aimed at regulating stablecoins and blocking a Federal Reserve digital currency. Whether these moves align with Van Valkenburgh’s vision of Bitcoin as “the world’s first globally accessible public money” remains to be seen. But one thing’s for sure: Washington’s next move will be anything but boring. 🎭

At press time, BTC traded at $118,216. Whether that number makes you cheer or weep depends on whether you’re holding—or hodling. 📈📉

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2025-07-21 10:43