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Now that Donald Trump has vowed to make the U.S. “the crypto capital of the planet” and “a Bitcoin superpower” and has promised a light regulatory touch, mainstream money managers are getting ready to give digital assets the bear hug that crypto’s boosters have been urging.
One of the major attributes that Bitcoin advocates argue as a strength is the fact that no centralized entity owns the bitcoin network, or bitcoin software.
Trump Media and Technology Group, in which Donald Trump is the majority shareholder, is launching Truth.Fi, an investment venture that plans to buy Bitcoin and other digital assets as well as conventional financial instruments, the company has announced.
More companies are acquiring and holding bitcoin as a reserve asset every day. And more government entities in 2025 will be joining them.
Is bitcoin a technology of freedom, or a grand dupe to usher in the digital surveillance and exploitation dystopia?
The price of Bitcoin, having passed $100,000, will continue rising as speculators scramble to lock down the last of the digital currency.
It’s that time of the cycle. Articles are popping up all over talking about cryptos again, with a general theme, to cite a recent one by USA Today, “FOMO as Bitcoin price surges past $100,000: Is it too late to invest in cryptocurrency?”
On 5 December, bitcoin jumped to an intraday price of $103,800, gaining more than 50 percent since Donald Trump won the U.S. presidential election a month earlier.
“Bitcoinization,” bitcoin game theory, etc. has been around about as long as bitcoin itself.
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