Is Trump Now the Bitcoin President?

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00:00Bitcoin is absolutely surging at the moment. It just hit $123,000. Is Trump now officially

00:06the Bitcoin president? Well, certainly administration has changed the whole tonality

00:11on crypto digital payment system. The recent passing of the Genius Act, basically the old

00:16Stablecoin Act, has made this law in the US. So the momentum towards crypto and digital payment

00:22is completely reversed where it was just 12 months ago. And so this is exactly why you're

00:29starting to see both digital payment systems as its stable coins and, of course, risk assets like

00:35Bitcoin, well, basically surge. I mean, if you look at Circle stock, and I have to disclose I'm a

00:42shareholder from way back in that company. They issued USDC. They obviously were the beneficiary

00:49of the passing of the Genius Act. And that stock has gone from when it was issued, you know, I don't

00:55know, five, six years ago at $10 a share to over 200. And so you start to measure two things about

01:02the digital market. One is the actual assets themselves, stable coins, digital payment systems,

01:09potential use in foreign countries where there's not a lot of stability in their existing domestic

01:14currencies. That's one big market. And then, of course, you've got what's going on in taking on

01:20Bitcoin as a position like digital gold, as many people have called it. But in addition to that,

01:27we've also seen a surge in all the infrastructure around crypto, AI, data centers, exchanges. If you

01:37look at what's happened with Robinhood, who just recently bought WonderFi, one of my companies out of

01:42Canada, Coinbase, these are all part of this ecosphere. And then you had this digital executive order

01:50Trump put into law yesterday to kind of push forward the idea of more power for all things

01:55digital. And I mean, everything about this market since you and I last talked has changed 180 degrees.

02:03It is it is a very, very, very prolific and active sector right now in a way that it's never been before.