That viral video of Donald Trump unveiling the Bitcoin whitepaper in the Oval Office? Fake. Completely fabricated.
In the clip, Trump dramatically replaces the Declaration of Independence with Satoshi Nakamoto’s manifesto, grinning as he quips, “You think Joe Biden would do this? I don’t think so.” Funny? Sure. Real? Not even close.
Attention
Meta and X quickly flagged the video as manipulated. I mean, no sh*t, really? Who would have thought?
The footage was spliced from a Fox News segment where Trump showcased an actual copy of the Declaration of Independence.
So no, Trump didn’t turn the Oval Office into a shrine for Bitcoin. But his crypto ambitions are very much legit.
Since returning to office, Trump has been on a mission to make America the crypto capital of the world. And this isn’t just campaign fluff anymore.
Within weeks of his inauguration, he signed an executive order creating a U.S. strategic cryptocurrency reserve, that includes heavy hitters like Bitcoin and Ethereum, along with XRP, Solana, and Cardano.
Trump even declared his love for BTC and ETH on Truth Social, because why not?
Sweet Christmas?
This move sent crypto prices skyrocketing earlier this year. Bitcoin jumped to over $91,000, Ethereum rose 12%, and other tokens like XRP and ADA skyrocketed by up to 50%.
It’s like Trump waved a magic wand over the market, or maybe just his executive pen.
And the good news is the story doesn’t stop there. The SEC under Trump has taken a friendlier stance toward crypto companies, dismissing enforcement actions against big names like Kraken and Crypto.com.
Capitol Hill is buzzing with new legislation aimed at regulating stablecoins and crypto markets.
Republicans are pushing bills that could bring much-needed clarity to the crypto space.
Crypto changed everything
So while that fake video might have been good for laughs, Trump’s real crypto revolution is no joke.
He’s positioning digital assets as a cornerstone of U.S. economic strategy, like a modern-day Fort Knox but for Bitcoin instead of gold.
Love him or hate him, one thing’s clear, when it comes to crypto, Trump is making moves that could reshape the industry for years to come.
Whether this ends in triumph or turmoil? Well, that’s anyone’s guess, right?
Have you read it yet? Terraform Labs wants your claims, so don’t miss the deadline!
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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