How Trump Was 'Orange-Pilled' and Embraced Cryptocurrency, Pledging Support at a Major Conference in July

Benzinga 2024-08-26

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Former President Donald Trump, once a bitcoin skeptic, praised the cryptocurrency and outlined his plans to support the industry during a major conference in Nashville in late July. This shift in Trump's stance was influenced by a group of bitcoin advocates, including three key figures from Puerto Rico, who worked behind the scenes to secure his support. In bitcoin terms, Trump was "orange-pilled, symbolizing his conversion to a strong dedication to bitcoin over traditional currencies. Trump's speech reflected a strategic shift likely motivated by the potential for significant donor contributions from an industry threatened by the Biden-Harris administration and SEC regulations.

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