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Trump’s BTC U-turn not about the money, says David Bailey | Protos

According to David Bailey, it’s never occurred to him that US President Donald Trump changed his position on bitcoin (BTC) because he or his family could personally benefit from crypto. Speaking to CBS news correspondent Jo Ling Kent, Bailey categorically denied the suggestion that Trump changed his stance on BTC to make money personally. “No, absolutely not,” said Bailey in a broadcast that aired yesterday morning on nationwide TV. “I don’t think he embraced this industry to enrich himself,” he repeated. “I think that he just sees the same potential that I see.” Immediately prior to this answer, on-screen CBS Analysis tallied $765 million worth of revenue to crypto ventures controlled by the Trump family since September 2024. Watching "bitcoiners" go on TV and gaslight the public about Trump's crypto corruption makes me sick. https://t.co/RATZ5KXK4j pic.twitter.com/fHlbVASMDr — Pledditor (@Pledditor) August 10, 2025 Trump has defi...