Why Did Donald Trump Create a Crypto Business?


The Rise of Cryptocurrencies: A Commentary from a Digital Enthusiast


As a media and gaming expert, I’ve seen technology take some wild turns — Does anyone remember the days when floppy disks ruled? Well, we’ve come a long way, and now we’re talking about digital money. 

One of the most exciting (and sometimes head-scratching) developments of recent years has been the rise of cryptocurrencies. These digital assets have not only grabbed the attention of investors and tech enthusiasts but also made a few policymakers lose sleep at night. 

But hey, if Bitcoin doesn’t keep you up, what will?

I am a small investor in the crypto world. I wrote several stories about it in the past. Here is a sample one I did in 2022. 

Why Elon Musk Sold His Bitcoin Shares Out of Blue
A friend of mine lost substantial money overnight, and crypto investment concerned memedium.com

So, Why Did a Wealthy Guy Like Mr Trump Get into Crypto?

Why would someone already sitting on piles of cash dive into the crypto world? Let me share my two cents with you. 

Financial Gain: Well, it’s obvious! Cryptos have seen some crazy price swings — Bitcoin going to the moon is practically a meme at this point. And who doesn’t love the potential for big returns?

Innovation & Technology: It’s not just about the money (okay, maybe a bit). Cryptos are like the new frontier of finance. It’s like swapping your 90s Nokia for the latest VR headset — exciting and disruptive!

Social Impact: Believe it or not, some folks think cryptos can fix the financial system, making it more transparent and fair. Maybe they’re onto something… or maybe it’s just a utopian dream. Either way, it’s intriguing!

Diversification: Sure, gold is shiny, but crypto is futuristic. Why keep all your eggs in one basket when you can toss a few into the blockchain?

Personal Interest: Let’s face it — some people just love tech. Whether it’s tinkering with NFTs or trading Dogecoin “to the moon,” they’re passionate about it. And crypto businesses? Well, that’s the ultimate sandbox for techies with a taste for finance.

What’s Next for Cryptos?

Predicting the future of cryptocurrencies is like trying to predict the next trend in gaming. Who knew we’d be into pixelated NFT art, right? 

But one thing’s for sure — cryptos are here to stay, even if the ride’s a little bumpy. With more tech advancements and some (fingers crossed) clearer regulations, we’re bound to see more innovation in this space. 

Maybe even something that makes you go, “Why didn’t I think of that?”

Final Thoughts

Cryptos, like your favorite video game, are complex but thrilling. 

While they offer a shot at financial rewards, they can also come with some serious risk (think boss battle level risk!). 

So, before you dive in, do your research, stay informed, and don’t just FOMO into it because someone told you it’s the next big thing. 

Trust me, in the world of crypto, it’s always worth leveling up your knowledge.

If you like this story you may also check out this one titled Donald Trump Launches His New Cryptocurrency Business by Isaac Adetomiwa published in the Curated Newsletters of ILLUMINATION publications. You are welcome to share your stories on this interesting publication. 

References

Donald Trump’s New Crypto Project World Liberty Financial: Everything You Need To Know — Benzinga

Donald Trump’s Crypto Platform ‘World Liberty Financial’ — All You Need to Know — Techopedia


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Response

  1. Scarlet Ibis James Avatar

    Trump can’t help himself.

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