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- 📢 Gate广场 #MBG任务挑战# 发帖赢大奖活动火热开启！
想要瓜分1,000枚MBG？现在就来参与，展示你的洞察与实操，成为MBG推广达人！
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🎮 本期聚焦：Yooldo Games (ESPORTS)
✍️ 分享独特见解 + 参与互动推广，若同步参与 Gate 第 286 期 Launchpool、CandyDrop 或 Alpha 活动，即可获得任意奖励资格！
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在 Gate广场发布不少于 300 字的原创文章
添加标签： #Gate广场征文活动第三期#
每篇文章需 ≥3 个互动（点赞 / 评论 / 转发）
发布参与 Launchpool / CandyDrop / Alpha 任一活动的截图，作为获奖资格凭证
同步转发至 X（推特）可增加获奖概率，标签：#GateSquare 👉 https://www.gate.com/questionnaire/6907
🎯 双倍奖励机会：参与第 286 期 Launchpool！
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🧠 写作方向建议：
Yooldo
- 🎉Gate 2025 上半年社区盛典：内容达人评选投票火热进行中 🎉
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活动详情: https://www.gate.com/announcements/article/45974
- 📢 #Gate广场征文活动第二期# 正式启动！
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1.在 Gate广场发布你对 ERA 项目的独到见解贴文
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3.将你的文章或观点同步到X，加上标签：Gate Square 和 ERA
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ERA 项目亮点：作为区块链基础设施公司，ERA 拥有哪些核心优势？
ERA 代币经济模型：如何保障代币的长期价值及生态可持续发展？
参与并推广 Gate x Caldera (ERA) 生态周活动。点击查看活动详情：https://www.gate.com/announcements/article/46169。
欢迎围绕上述主题，或从其他独特视角提出您的见解与建议。
⚠️ 活动要求：
原创内容，至少 300 字， 重复或抄袭内容将被淘汰。
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每篇文章必须获得 至少3个互动，否则无法获得奖励
鼓励图文并茂、深度分析，观点独到。
⏰ 活动时间：2025年7月20日 17
Why Trump Calls This Bitcoin Video the Best Ever? | CoinGape
U.S. President Donald Trump did what investors dreamed of by reposting a 7-year-old Senate testimony Bitcoin video and calling it the best. Since Trump joined the White House, the administration’s stance on crypto has shifted. The prime example is the Senate’s approval of three prominent crypto bills. More is in the pipeline, raising curiosity, and so does the question of why the president referred to this video.
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Why is this Bitcoin Video Shared by Trump The Best?
Over the weekend, the President reposted a 6-minute-long 2018 Senate testimony given by Peter Van Valkenburgh on Truth Social. More importantly, he captioned it as the “Greatest Bitcoin explanation of all time.” Although the video was already popular among crypto enthusiasts, its value has grown even higher since the president shared it.
The video explanation is considered best not only by Trump but by every crypto enthusiast as it’s not flashy or hyped. Instead, it cuts straight to the core and explains the exact need for BTC. Peter Van Valkenburgh, Director of Research at CoinCenter, presented a clear and precise explanation of BTC and why it’s needed, citing it as the ‘first cryptocurrency powered by the world’s first blockchain network.’
He highlights its prime benefits, including that it lets anyone, anywhere, send or receive value if they just have a computer and an interest. However, what makes it better is that the Trump Bitcoin video also explains its shortcomings and why they should be solved.
Valkenburgh adds that it’s not perfect as it’s not accepted everywhere, it’s volatile and doesn’t always serve the best story of value, but it works. Its functioning without a middleman is a breakthrough like the interest, and pushed BTC price to $119.3k.
‘Bitcoin is Revolutionary’
In the benefits and its needs, Valkenburgh answers “Is it revolutionary?” to which he indirectly answers yes. It’s explained that no digital payment system has been like this. Previously, banks, middlemen, and private institutions made people depend on them. However, that changes with BTC, as it’s borderless, permissionless, and like digital cash.
For a better explanation, the Trump shared Bitcoin video includes a powerful comparison with the Internet. However, the internet is revolutionary for information, not money, but BTC is. The decentralized infrastructure becomes more important considering the serious data breaches, hacks, and failures of real-world assets.
Overall, the video has a message that BTC is more than just digital money. It is a public infrastructure that is open, global, and resilient.
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Why Does Trump’s Shared Bitcoin Video Matter?
The BTC video acts as a reminder of Trump’s support for this and the rest of the digital assets. More importantly, it is a testament to his efforts in promoting it in the U.S. administration and worldwide, aligning with his other crypto-policy moves.
It includes Trump signing the GENIUS Act and the Senate approving two other crypto bills in Crypto Week. Notably, there’s also a strategic Bitcoin Reserve in formation, and other discussions for a bigger level of adoption.
In addition, Trump has confirmed support for crypto tax exemption and is soon to sign an executive order for the retirement market to invest in BTC.
With the BTC video, Trump has acknowledged Bitcoin’s metrics and shortcomings and shown support for it. Although Trump’s recent actions have spoken for themselves, the tweet further clarified it.
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Frequently Asked Questions (FAQs)
The Bitcoin video is Peter Van Valkenburg’s 2018 Senate testimony on Bitcoin.
This move is potentially to reinforce his pro-crypto stance amid recent regulatory moves.
Experts believe this is best, as it provides a simple, honest, and powerful explanation of Bitcoin.
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