Trump Told Mnuchin To Go After Bitcoin

Plus a new grant to a bitcoin core dev

Happy Thursday, Blockfolians

The Lede

Remember last year when Trump tweeted about how he didn’t like bitcoin? You know, this one:

Well, according to former National Security Advisor John Bolton’s controversial new book, President Trump and Treasury Secretary Mnuchin had previously had a conversation in which he told Mnuchin to stop playing trade negotiator and instead go after bitcoin.

Why Trump swallowed a budget deal that bleeds red ink - POLITICO

It’s a wild little story and a reminder of how far this asset has come in a decade. From the imagination of a pseudoanonymous developer and a conversation topic for a small group of internet message board enthusiasts to a relevant threat at the highest levels of power.

And, as you all know, bitcoin is just getting started.

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Highly Relevant Reading

Community Commentary

Speaking of Treasury Secretary Mnuchin, y’all should check out Peter McCormack’s four part series on him
 This is wild. Do you think it’s possible?

A (Relatively Small But Really Important) Number We Should Be Paying Attention To 


That’s the size of the new grant to bitcoin core dev Amitti Uttarwar from OKCoin and BitMEX

Final Thought