Donald Trump struggles through 'painful' crypto interview on X Spaces as Internet says 'he has no idea'
PALM BEACH, FLORIDA: Republican presidential candidate Donald Trump seemed to be confused and struggling during a 'painful' crypto interview on X Spaces from Mar-A-Lago on Monday, September 16, and continuously tried changing the topic, per Mirror.
Trump talked about changing the "old financial system" and moving to cryptocurrency during the X Spaces interview on Monday, a day after a second failed assassination attempt on the GOP nominee.
Q. “Why is it so important for America to lead in cryptocurrency adoption and innovation?”
— Republicans against Trump (@RpsAgainstTrump) September 17, 2024
Trump: “Well, it’s crypto, it’s AI, it’s so many other things…”pic.twitter.com/zQN8555Yt7
Trump seems confused and struggling during crypto interview
Trump spoke to social media influencer Farokh Sarmad during the interview and was asked about the importance of the US leading in crypto adoption.
Trump said, "It's so important. It's crypto. It's AI. It's so many other things. AI needs tremendous electricity capabilities beyond anything I ever heard."
Trump is now hyping his new cryptocurrency on Twitter Spaces. pic.twitter.com/fNms6OxU0j
— Ron Filipkowski (@RonFilipkowski) September 17, 2024
He also pledged to make the country the "crypto capital of the planet" but added that he needed guidance from his 18-year-old son Barron.
He said, "Barron knows so much about this. Barron is a young guy. He's got four wallets or something. I'm saying 'explain this to me.' He knows it so well. And Eric and Don. I have a lot of respect for them."
However, when direct questions were thrown at the GOP candidate, he switched the conversation to topics like AI needing electricity or China's influence, per Daily Express US.
65k people have set reminders for @farokh’s interview with @realDonaldTrump.
— Smokey (@Smokey_titan) September 16, 2024
Crazy that Farokh is going to be the first person to talk to him live about the recent assassination attempt.https://t.co/VWZX5yR27F
He also drew a comparison between cryptocurrency and language acquisition, giving his own family's experience.
He said, "It's sort of like a language. I have a beautiful granddaughter, Ivanka's daughter, Arabella. She speaks perfect Chinese. Their other two children speak perfect Chinese. From a nanny who was from China."
Trump calls Biden-Harris team 'extremely hostile' towards crypto
The former President did not hold back in slamming the Biden-Harris administration and labeling them "extremely hostile" towards crypto, despite having earlier dismissed it as a scam himself.
He said, "My attitude is if we don't do it, China will. We have to be the biggest and best."
He also acknowledged the industry's growing pain and said, "The value of this whole thing is bigger than the top 20 corporations. The numbers are gigantic. It suffers from some credibility lapses."
He added, "It's very young and growing. If we don't do it other countries will do it. We have the advantage because it's me, I do believe in it."
Notably, Trump has proposed that the US government should make a strategic reserve of Bitcoin and also pledged to oppose any plans to create a Federal Reserve-controlled Central Bank Digital Currency, a digital version of central bank-issued currency to be used by the general public, the Mirror stated.
Despite Trump's statement, Brian Nelson, senior campaign adviser for policy to Harris campaign said that the Democratic presidential niminee will back measures to help grow digital assets and highlighted efforts to court an emerging cryptocurrency industry expanding its political influence, per Bloomberg.
Brian said, "She’s going to support policies that ensure that emerging technologies and that sort of industry can continue to grow."
Internet rips Trump for being confused during 'painful' crypto interview
Many people on the internet ripped Donald Trump as he seemed confused and struggling during a 'painful' crypto interview on X Spaces from Mar-A-Lago and continuously tried changing the topic.
A user wrote on X, "How can Trump hype something that he has no idea what it is?" while one added, "The king of grift making his Wharton alum proud."
How can Trump hype something that he has no idea what it is?
— Denison Barb (@DenisonBarbs) September 17, 2024
The king of grift making his Wharton alum proud.
— MaTT FLaMMaBLe (@MaTTFLaMMaBLe) September 17, 2024
A person also stated, "He won’t be happy till Maga is completely broke", whereas one mentioned, "Businessman does business shocker."
A user also wrote, "It would probably be easier and less frustrating for people to just toss their money into the ocean", while one commented, "Ask him to explain blockchain."
It would probably be easier and less frustrating for people to just toss their money into the ocean.
— Dr Dennis M Swanson (@DennisMSwanson1) September 17, 2024
A person also added, "This business needs immediately shut down as soon as he goes to prison at some point after losing the election!"
this business needs immediately shut down as soon as he goes to prison at some point after losing the election!
— sammydoodle (@john15207) September 17, 2024
This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.