Why Did Trump Call This Bitcoin Video “The Best Ever”?

U.S. President Donald Trump stirred the crypto community when he shared a six-minute video from 2018 on Truth Social—calling it “the best explanation of Bitcoin ever.” But why now? And what does it reveal about his stance on digital assets?

A Seven-Year-Old Video Back in the Spotlight The video, featuring Peter Van Valkenburgh—Director of Research at CoinCenter—testifying before the Senate, has long been considered a gold standard among crypto enthusiasts. Now, thanks to Trump’s endorsement, it has gained renewed attention. Trump stated that “nothing explains Bitcoin better than this.” In his testimony, Van Valkenburgh presents Bitcoin as the first cryptocurrency running on the world’s first truly decentralized network. He emphasizes that BTC allows anyone, anywhere, to send value without the need for a middleman—all you need is a computer and an internet connection.

Bitcoin’s Strengths and Limitations What makes the video so compelling is its balance. Alongside the benefits, it openly addresses the drawbacks. Van Valkenburgh admits that Bitcoin is volatile, not yet widely accepted, and not always suited for every situation—but it works. And this honesty is what builds trust. Bitcoin is revolutionary not because it's perfect, but because it enables independence from banks, governments, and the global financial system. Van Valkenburgh compares it to the internet—just as the internet democratized access to information, Bitcoin is doing the same for money.

Trump’s Crypto Policy Is Gaining Momentum With this gesture, Trump reaffirmed his growing interest in Bitcoin and cryptocurrencies in general. In recent weeks, he has supported three major crypto bills, including signing the GENIUS Act himself. He also advocates for crypto tax exemptions and plans to issue an executive order allowing retirement funds to invest in Bitcoin.

By sharing the video, Trump strengthened his position as one of the most visible global supporters of crypto—at a time when digital finance is becoming increasingly important in both geopolitical and economic arenas.

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