President Donald Trump’s promise at the Bitcoin 2024 conference that the United States would become the “crypto capital of the planet” was old news
President Donald Trump’s promise at the Bitcoin 2024 conference that the United States would become the “crypto capital of the planet” was old news by the time he was sworn in this past January. What got less attention was a nearby screening of the documentary “God Bless Bitcoin,” which promoters argued was another way for technology to “serve God better.”
It wasn’t an isolated incident. Inevitably with crypto, a scam is never far away. Shortly after Trump’s inauguration on Jan. 21, a pastor from Michigan, Lorenzo Sewell, launched a self-titled memecoin to piggyback off his appearance at the event. After telling his followers it was their religious duty to invest, he was quickly accused of being a swindler. The coin’s value remained stagnant.
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