Tuesday, January, 21, 2025

Trump’s Bitcoin Vision Takes the Spotlight on Fox News  

Trump’s vision for Bitcoin as America’s next big industry took center stage on Fox News, with Michael Saylor and Lara Trump highlighting its economic potential and growing mainstream adoption.
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Zagham Abbas

Zagham is a renowned crypto journalist known for his insightful analysis and in-depth reporting on the cryptocurrency industry.
  • Donald Trump reaffirmed his vision of Bitcoin as “America’s next big industry,” promising economic growth and innovation.
  • Michael Saylor highlighted Bitcoin’s role in preserving purchasing power amid inflation, urging governments to take it seriously.
  • Lara Trump emphasized a Bitcoin-friendly future, engaging with global audiences on its potential under a second Trump administration.

Michael Saylor, the Bitcoin bull and co-founder of MicroStrategy, was in the spotlight during the recent My View with Lara Lea Trump on Fox News. He detailed the process of discovering Bitcoin and the manner in which it altered the course of his company. Later he tweeted

Sunday evening on the popular show My View on Fox News was spent explaining Bitcoin and digital assets through the words of Donald Trump, Crypto Czar David Sacks, Treasury Sec Scott Bessent, and myself to educate its popular audience on the potential and power of this new technology.

Trump Backs Bitcoin as America’s Next Big Industry

The episode opened with Lara Trump painting a stark picture of the U.S. economy under the Biden administration. Inflation, soaring federal spending, and a national debt that now exceeds $36 trillion were at the center of discussion. She criticized Biden’s last months in office for adding $300 billion in spending, a move she claimed burdened taxpayers and businesses.

Then came Donald Trump’s voice, delivering a bold economic promise: “We are going to take in hundreds of billions of dollars… become so rich you won’t know where to spend that money.” Trump reaffirmed his stance on Bitcoin, calling it “America’s next big industry.” He emphasized his commitment to making the U.S.A Bitcoin giant, referencing recent growth in manufacturing jobs and $115 billion saved from government waste. “I vowed last year to make America the world’s BTC superpower,” Trump stated. “That’s exactly what we’re doing.”

As the discussions intensified, Michael Saylor made the case for Bitcoin’s position in the world’s economy. “We saw the dollar inflating and cash depreciating. BTC is the only asset that maintains purchasing power over the long term,” he said again explaining why governments should take it seriously.

Lara Trump then engaged with viewers, including an international audience. A caller from India, Stefan, asked: “What are your hopes for crypto under a second Trump administration?”

Lara responded confidently: “My hopes are likely the same as yours for American prosperity to thrive once again.” She echoed Trump’s vision of making the U.S. a leader in BTC innovation.

Bitcoin Goes Mainstream What Americans Think

A segment of the show featured everyday Americans sharing their thoughts on Bitcoin. A team in New York City surveyed pedestrians on their crypto views. Some admitted they didn’t fully understand Bitcoin, others were skeptical, while some were enthusiastic long-term investors.

One man captured the sentiment of many: “I don’t understand Bitcoin, but I know one thing—banks aren’t my friend. If Bitcoin gives me freedom, I’ll take it.” Another added: “I bought crypto years ago, and I’m holding. In ten or twenty years, we’ll see where it goes.”

With Bitcoin now firmly in the political and economic conversation, My View showcased a major shift crypto is no longer a niche topic. As Trump rallies support for a Bitcoin-friendly future, figures like Saylor continue to advocate for its mainstream adoption. The big question remains: Will Bitcoin truly become America’s next big industry under a potential second Trump administration? The debate is just getting started.

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