In this episode of UnHerd, Freddie Sayers interviews Ben Schiller, Managing Editor of Opinion at Coindesk, about the increasing alignment between the Trump administration and the crypto industry. They discuss the reasons behind Donald Trump's shift from skepticism to advocacy for cryptocurrency, including political and financial incentives. The conversation explores the potential conflicts of interest arising from administration members' personal investments in crypto, the nature of memecoins like TRUMP, and the broader implications of crypto regulation, such as the Junius Act. They also debate whether crypto is a tool for liberation or globalism, and whether the crypto community will continue to support Trump despite these concerns, as well as the increasing influence of Wall Street and institutions like BlackRock in the crypto market.
