Somebody's Gotta Win with Tara Palmeri

Is $TRUMP an Open Wallet for Foreign Actors? With Kevin Cirilli and Natalie Brunell

21 snips
Jan 29, 2025
Joining the discussion are Kevin Cirilli, a former chief Washington correspondent for Bloomberg with deep insights into cryptocurrency, and Natalie Brunell, host of the 'Coin Stories' podcast and a Bitcoin advocate. They dive into Trump's influence on the crypto market, tackle the risks associated with meme coins, and speculate on potential regulatory changes under his administration. The conversation also covers the future of Bitcoin and its transformative potential for younger generations, emphasizing the importance of transparency in cryptocurrency transactions.
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INSIGHT

Foreign Transactions for Trump Meme Coin

  • Congressman Ro Khanna revealed that the largest transactions for Trump's meme coin originated overseas from new wallets.
  • These wallets held no other crypto assets, raising concerns about potential backdoor bribes from foreign actors.
INSIGHT

Shifting Democratic Views on Crypto

  • While some Democrats initially saw crypto as an opportunity for underserved communities, the focus has shifted.
  • Now, there's concern over its potential for predatory practices and misuse, especially given Trump's involvement.
ANECDOTE

Trump's Meme Coin Announcement

  • Trump announced his meme coin before his inauguration, coinciding with Natalie Brunell's attendance at a crypto ball with Snoop Dogg.
  • Brunell expressed disappointment over the Trump meme coin, favoring Bitcoin's decentralized nature.
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