Trump Shares Viral Bitcoin Breakdown — Here’s What He Posted

Donald Trump shared a video of Peter Van Valkenburgh explaining Bitcoin's benefits during a Senate hearing, sparking renewed crypto discussions. Van Valkenburgh highlighted Bitcoin as the first decentralized cryptocurrency operating on a public blockchain, allowing global value transfer without intermediaries. He emphasized Bitcoin's revolutionary nature as public digital payment infrastructure, contrasting it with traditional, centralized financial systems. Bitcoin's decentralized design addresses vulnerabilities inherent in centralized systems prone to security breaches and single points of failure. Van Valkenburgh cited examples like the Equifax breach and SWIFT network frauds, highlighting the risks of centralized control. He advocated for public digital infrastructure like Bitcoin to reduce reliance on corporate intermediaries, fostering competition and resilience. These systems can potentially replace vulnerable centralized points susceptible to failure, censorship, and abuse. Simultaneously, MicroStrategy continues its Bitcoin accumulation, purchasing an additional 6,220 BTC worth $739.8 million. This brings their total holdings to 607,770 BTC, demonstrating growing institutional adoption of Bitcoin. The combined effect of political figures advocating for Bitcoin and increased institutional investment reinforces its status as a reliable store of value.