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The first Bitcoin president? Trace Trump’s Crypto Connection

The first Bitcoin president? Trace Trump’s Crypto Connection

President Trump has surrounded himself with crypto enthusiasts. That is no coincidence. In 2024, the cryptocurrency industry is spending millions on friendly congressional candidates, many of whom are Republicans, and many crypto executives are endorsing Trump. Here, we’ve mapped the crypto-craziest members of the president’s inner circle and the biggest donors to three pro-crypto super PACs: Fairshake, Defend American Jobs, and Protect Progress. Crypto companies feel victimized by Democrats. Now, with more sympathetic responsibilities, the industry’s biggest donors are seeking change. They want clear rules for businesses and say agencies enforce those rules. And they want Trump to deliver on his campaign promises to strengthen the U.S. as the most important bitcoin mining center and create a national “bitcoin stockpile.” He hopes Trump’s presidency will be a golden age for crypto. In December, when the price of one bitcoin surpassed $100,000 for the first time, Trump posted online, “CONGRATULATIONS!!!”

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