Americano: what will Trump's crypto world look like?
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The Spectator
4.4 • 785 Ratings
🗓️ 27 January 2025
⏱️ 19 minutes
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Summary
Cryptocurrency became a key feature of the American election and the Trump universe. Not only did Trump and Melania launch their own coins, but the President has also appointed venture capitalist David Sacks to be the AI and Crypto 'czar'. Freddy Gray is joined by podcaster and owner of Bedford FC Peter McCormack to discuss whether Trump can decentralise finance, why voters are turning to the fiat market, and whether Peter is a Bitcoin maximalist.
Transcript
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| 0:00.0 | The Spectator magazine is home to wonderful writing, insightful analysis and unrivaled books and arts reviews. |
| 0:06.3 | Subscribe today for just £12 and receive a 12 week subscription in print and online, |
| 0:11.3 | along with a free £20, John Lewis or Waitrose Voucher. |
| 0:15.0 | Go to spectator.com.uk forward slash voucher. |
| 0:24.0 | Hello! forward slash voucher. Hello and welcome to the Americano podcast, a series of discussions about American politics, |
| 0:31.0 | power and prejudices. It is 2025 and Donald Trump is president once again of the United States. We will, of course, |
| 0:41.2 | be following the moves of the Donald and his second administration very closely. However, |
| 0:47.1 | it won't just be politics for us this year. We'll also talk a lot and cover American culture, |
| 0:53.0 | life and the arts. I should also remind you, because my producer |
| 0:57.7 | Natasha will not let me hear the end of it, that we are on Spectator TV. So head to our YouTube channel |
| 1:04.2 | to watch that. Today I am delighted to be joined by Peter McCormack, who is host of the Peter McCormack show, |
| 1:12.7 | and also the chairman of the Real Bedford FC, real Bedford FC, I should say, |
| 1:18.2 | which they are a football team that you should follow with interest, I think. |
| 1:24.2 | And we're going to be talking today about crypto, because I was in Washington this week for the inauguration. |
| 1:32.4 | And it struck me what a powerful presence, cryptocurrency and Bitcoin are now in the Trump universe and now, of course, in the American federal government. |
| 1:46.3 | Peter, I think I've read quite a few pieces about this. |
| 1:49.1 | Usually they're quite alarmist, you know, suggesting crypto has taken over America and so on. |
| 1:53.5 | But I couldn't help thinking maybe that is right. |
| 1:57.2 | Crypto, to some extent, has taken a big hold in American power. |
| 2:02.8 | Well, it's definitely a significant voting block now. Bitcoin has been growing for the last 16 |
| 2:08.7 | years ever since Satoshi released the protocol. And every four years, it seems to get this |
| 2:14.4 | significant boost as we go into what we call a ball run. But the voting |
... |
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