Crypto: Inside the world of tech billionaires | The Global Story
According to a recent financial disclosure, President Trump made more than $1.4 billion last year from business dealings in cryptocurrency. Though the White House has
According to a recent financial disclosure, President Trump made more than $1.4 billion last year from business dealings in cryptocurrency. Though the White House has denied Trump was profiting from the presidency, he has been championing crypto in recent days — describing himself in one news conference as a, "big crypto guy".
Trump’s embrace of crypto raises big questions about the future of the technology. But according to the new BBC documentary, 'The Tech Billionaire Takeover', Trump’s support is just a fraction of the story. Presenter Matt Shea shows how cryptocurrency’s wealthiest advocates are steadily growing their power, and in some cases, even advocating for a total overhaul of government and commerce as we know it.
Today, Shea joins us to explain what the tech billionaire takeover really is — and whether it’s already begun. For the latest news download the BBC News app or visit BBC.com/news Chapters 00:00 Introduction 01:40 What is crypto currency? 02:30 How is Trump family involved with crypto? 05:47 What is the appeal of crypto currency?
08:43 Donald Trump and crypto explained 13:45 How would blockchain govern? 17:20 What is corporate monarchy? 20:35 How much does crypto contribute to the US economy?
The BriefWire