Have you ever gone on the internet and stumbled onto this combo of words, or perhaps non-words?: “Dogecoin.” “Shiba Inu.” “Hawkcoin.” “Bored Ape NFT.” If that sounded like gibberish, don’t worry—we’ll explain. And also, time to start learning, because these terms come out of a new financial ecosystem—the world of crypto, a market that started 15 years ago and is now worth about $3.3 trillion. This new world has caught the attention of none other than President Donald Trump. Since coming to office, Trump has appointed a crypto czar and floated the idea of a national crypto stockpile. And shortly Trump took office, he launched his own meme coin—as did Melania. Trump’s coin has reportedly generated $100 million in trading fees so far. And to top it all off, Trump is taking calls from the biggest names in the business. One of whom is our guest today—Brian Armstrong. Brian is a 42-year-old San Jose native who changed the nature of commerce not only in America but all over the world. He co-founded a cryptocurrency platform called Coinbase in 2012. Now, it’s the largest crypto exchange in the US. To some, he’s doing something as revolutionary as building rocket ships to Mars. To others, he’s growing an industry riddled with scammers, grifters, and criminals. Armstrong says those stories are the sideshow and that Bitcoin—or perhaps another cryptocurrency—will prove itself to be as essential as the dollar. Today on Honestly, Bari asks Brian why he thinks crypto is the way of the future, how he navigates eager regulators, why he’s been so politically active, how MAGA’s "America First" ethos gets along with the borderless, decentralized crypto zeitgeist, and if crypto is really as dangerous as some make it out to be. We also talk about the DOGE, his recent meeting with Trump, and how he once stuck his neck out against the far-left mob. If you liked what you heard from Honestly, the best way to support us is to go to TheFP.com and become a Free Press subscriber today. Get $10 for free when you trade $100+ with code HONESTLY: www.Kalshi.com/Honestly Learn more about your ad choices. Visit megaphone.fm/adchoices
Full Episode
From the free press, this is Honestly, and I'm Barry Weiss. Have you ever gone on the internet and stumbled onto combos of words or perhaps non-words? I'm talking Dogecoin, the Shibu Inu one, Hawkcoin, or Bored Ape NFT. If those things sound like gibberish, don't worry, we're going to explain.
And also, it's time to start learning them, because they exist in a new financial ecosystem, the world of crypto, a market that started just 15 years ago and is now worth more than $3 trillion. This new world has caught the attention of a lot of people, including President Donald Trump.
This is all common sense that we're talking about today, and Bitcoin and crypto will skyrocket like never before, even beyond your expectations, and you are the people that are doing it.
Since coming to office, Trump has appointed a crypto czar, floated the idea of a national crypto stockpile, and launched his own meme coin, as did first lady Melania.
President Donald Trump's latest venture into crypto has sparked both controversy and a financial windfall.
They reportedly made $100 million in just trading fees so far. To top it off, he's taking calls from the biggest names in the business, one of which is our guest today, Brian Armstrong. Brian is a 42-year-old San Jose native who changed the nature of commerce, not only in America, but all over the world. That's because he founded the cryptocurrency platform Coinbase in 2012.
It's now the largest crypto exchange in the world. To some, he's doing something as revolutionary as building rocket ships that go to Mars by bringing us into a new digital and financial age. To skeptics, he's growing an industry riddled with scammers, grifters, and even criminals.
Sam Bankman-Fried was convicted of orchestrating what prosecutors are calling one of the largest financial frauds in history.
This was something that we had never seen before. This was Attorney General Merrick Garland and Treasury Secretary Janet Yellen appearing side by side to announce criminal charges and a plea deal with Binance and its CEO, Chen Pengzao, known as CZ.
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