Trump Shares ‘Greatest Bitcoin Explanation Of All Time’ As BTC Gets Beaten By Ethereum, Dogecoin And Solana
President Donald Trump shared on Sunday an old Bitcoin (CRYPTO: BTC) explainer video by cryptocurrency advocate Peter Van Valkenburgh, describing it as the “greatest” of all time.
What Happened: Trump posted Van Valkenburgh’s October 2018 speech at the Banking, Housing, and Urban Affairs Committee Hearing via his Truth Social account.
In the video, Van Valkenburgh, Executive Director of cryptocurrency advocacy think tank Coin Center, described Bitcoin as a tool that allows people to send and receive value globally, without the need for a middleman.
“The lack of any corporation in between means that Bitcoin is the world’s first public digital payments infrastructure,” he had said. “Bitcoin is the world’s first globally accessible public money.”
Van Valkenburgh also outlined Bitcoin’s limitations, including its volatility and lack of …
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