Why has Donald Trump embraced crypto?
No one ever accused Donald Trump of ideological consistency. And yet, even by the standards of a man who often seems capable of switching positions several times in the same speech, and sometimes in the same sentence, it is quite a turnaround. As president he condemned Bitcoin and other crypto currencies ‘a scam against the dollar’. And yet, during this campaign he has turned into an enthusiastic convert, promising to govern as a Bitcoin President if he retakes the White House in November. That raises an intriguing question. Could the Crypto Bros turn Trump into a small state libertarian? Trump’s embrace of cryptocurrencies will shift him towards small-state liberalism Speaking