Planet Money When Trump met crypto
154 snips
Jun 27, 2025 
Andrea Bernstein, a reporter covering Trump and his businesses, shares insights from her time at the Bitcoin 2025 conference. She discusses Trump's surprising shift from critic to crypto entrepreneur, including the Trump's investments in stablecoins and meme coins. Bernstein reveals the striking presence of political figures at the conference, creating a fascinating blend of crypto and state. The podcast also explores the evolving regulatory landscape amid the crypto boom and highlights the complexities of navigating this burgeoning financial frontier.
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Trump Uses Bitcoin for Burgers
- President Trump bought 50 burgers and 50 Diet Cokes using Bitcoin at a Bitcoin bar in New York City.
- This event symbolized an early crypto acceptance moment by a major political figure.
Crypto Outlaws as Heroes
- Convicted crypto criminals like Ross Ulbricht are celebrated as heroes in the Bitcoin community.
- This reflects the crypto culture's embrace of outlaw and countercultural narratives.
Trump Family’s Crypto Turnaround
- Trump and his family began their crypto involvement after facing financial censorship post-January 6.
- They launched various crypto ventures, including meme coins, mining, and a financial services company.