Trump, Saylor, And Bitcoin’s ENDGAME (Episode 5)

Now, Trump's campaign began accepting cryptocurrency donations in May 2024 as he spoke about building a so-called crypto army ahead of the election.

Then, at a San Francisco fundraiser the following month, Trump declared himself the crypto president while attacking President Biden's administration over its approach to the industry.

That event reportedly raised around $12 million.

Then in July, Trump made history when he walked on stage at the Bitcoin 2024 conference in Nashville.

He told thousands of assembled Bitcoiners that he wanted the US to become the, quote, crypto capital of the planet.

He vowed to replace SEC Chair Gary Gensler, backed American Bitcoin mining, and said the government should keep its BTC rather than sell it.

Trump also warned that if America failed to lead the crypto industry, then China would instead.

And, well, he wasn't about to let China gain the upper hand in anything.

In any case, Bitcoin had gone from something Trump dismissed during his first presidency to something he used to argue for putting him back in the White House.

But why the change of heart? Well, during Trump's campaign, he explained that part of it was geopolitical.

He acknowledged that Bitcoin wasn't going away and reiterated his point about China.

He also said he'd spent more time with people in the industry and came to see it as something America should want to keep.

Trump had also launched his own NFT collections and said it was eye-opening that roughly 80% of the sales revenue came in the form of cryptocurrency.

Aside from the money, though, the political incentives were hard to ignore.

Much of the crypto industry was furious with the Biden administration, particularly over enforcement actions and the SEC's approach under Gary Gensler.

Wealthy crypto investors and executives sought politicians offering a different path, while Trump's campaign actively courted them as voters and donors.

Then, in November 2024, Trump won back the presidency.

He reclaimed his old office in the White House in January 2025, promising to make America the center of the crypto industry.

Now, whether driven by genuine conviction, voters, business interests, geopolitical competition, or a combination of all of the above, Trump had put Bitcoin at the center of political debate.

America now had reasons to attract Bitcoin companies, protect mining, and encourage domestic growth.

Suppressing Bitcoin was no longer the ideal political strategy.

For some politicians, supporting crypto had become a political weapon.

So Bitcoin now had a slew of politicians on its side.

The question, though, was how far they would go.