Dave Davies

Okay, throwing cold water on crypto, about four years ago, a little less, I guess, what accounts for his conversion, do you think?

Okay, throwing cold water on crypto, about four years ago, a little less, I guess, what accounts for his conversion, do you think?

Again, not a real card. It's a digital card, right? What do they call it? A non-fungible token? Yeah.

Again, not a real card. It's a digital card, right? What do they call it? A non-fungible token? Yeah.

Again, not a real card. It's a digital card, right? What do they call it? A non-fungible token? Yeah.

Wow. You know, I think we have a clip of some of that speech. It's probably worth spending that. Let's listen. This is Donald Trump at the Bitcoin Magazine convention in July.

Wow. You know, I think we have a clip of some of that speech. It's probably worth spending that. Let's listen. This is Donald Trump at the Bitcoin Magazine convention in July.

Wow. You know, I think we have a clip of some of that speech. It's probably worth spending that. Let's listen. This is Donald Trump at the Bitcoin Magazine convention in July.

All right. Warmly received by the Bitcoin crowd. One of the things he has said is that we ought to have a national crypto – I don't know if it's Bitcoin or crypto generally but a stockpile. I mean there's a strategic reserve of petroleum, right? And we have gold in Fort Knox. How do we explain the idea of a crypto coin national stockpile? What would be the purpose? Yeah.

All right. Warmly received by the Bitcoin crowd. One of the things he has said is that we ought to have a national crypto – I don't know if it's Bitcoin or crypto generally but a stockpile. I mean there's a strategic reserve of petroleum, right? And we have gold in Fort Knox. How do we explain the idea of a crypto coin national stockpile? What would be the purpose? Yeah.

All right. Warmly received by the Bitcoin crowd. One of the things he has said is that we ought to have a national crypto – I don't know if it's Bitcoin or crypto generally but a stockpile. I mean there's a strategic reserve of petroleum, right? And we have gold in Fort Knox. How do we explain the idea of a crypto coin national stockpile? What would be the purpose? Yeah.

Right. And just to clarify, you mentioned that the supply of Bitcoin is limited. That's different from other meme coins where people can just make up as many as they want. Bitcoin, when it was established, there was a limited quantity that can be made. So there is a real supply and demand there, I guess.

Right. And just to clarify, you mentioned that the supply of Bitcoin is limited. That's different from other meme coins where people can just make up as many as they want. Bitcoin, when it was established, there was a limited quantity that can be made. So there is a real supply and demand there, I guess.

Right. And just to clarify, you mentioned that the supply of Bitcoin is limited. That's different from other meme coins where people can just make up as many as they want. Bitcoin, when it was established, there was a limited quantity that can be made. So there is a real supply and demand there, I guess.

All right. All right. So limited item isn't necessarily valuable. All right. We're going to take another break here. Let me reintroduce you. We are speaking with Zeke Fox. He's an investigative reporter for Bloomberg. His book is Number Go Up, Inside Crypto's Wild Rise and Staggering Fall. We'll talk more after this short break. I'm Dave Davies. This is Fresh Air.

All right. All right. So limited item isn't necessarily valuable. All right. We're going to take another break here. Let me reintroduce you. We are speaking with Zeke Fox. He's an investigative reporter for Bloomberg. His book is Number Go Up, Inside Crypto's Wild Rise and Staggering Fall. We'll talk more after this short break. I'm Dave Davies. This is Fresh Air.

All right. All right. So limited item isn't necessarily valuable. All right. We're going to take another break here. Let me reintroduce you. We are speaking with Zeke Fox. He's an investigative reporter for Bloomberg. His book is Number Go Up, Inside Crypto's Wild Rise and Staggering Fall. We'll talk more after this short break. I'm Dave Davies. This is Fresh Air.

Donald Trump has gotten support from some of the giants in the tech world, you know, Elon Musk and Jeff Bezos and Mark Zuckerberg and I think Peter Thiel probably too. Are those folks also crypto advocates? What is their relationship with the crypto world?

Donald Trump has gotten support from some of the giants in the tech world, you know, Elon Musk and Jeff Bezos and Mark Zuckerberg and I think Peter Thiel probably too. Are those folks also crypto advocates? What is their relationship with the crypto world?

Donald Trump has gotten support from some of the giants in the tech world, you know, Elon Musk and Jeff Bezos and Mark Zuckerberg and I think Peter Thiel probably too. Are those folks also crypto advocates? What is their relationship with the crypto world?