Bitcoin explanation takes the spotlight again and this time, endorsed by Donald Trump himself.
Trump shares Bitcoin video ahead of key regulatory report
At 2:45 PM ET on Monday, July 21, 2025, former U.S. President Donald Trump posted what he called the “greatest Bitcoin explanation of all time” on his Truth Social account. The video, originally recorded in July 2018, features Peter Van Valkenburgh, research director at Coin Center, testifying before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
Van Valkenburgh’s testimony was short, sober, and powerful and it has now resurfaced at a critical political moment.
What’s in the video?
In his statement, Van Valkenburgh outlines the fundamental value of Bitcoin as a public, open, and decentralized financial infrastructure, making it accessible to anyone with an internet connection:
“Bitcoin is the world’s first public digital payments infrastructure. It is a permissionless and open network that anyone can build on, and use, without asking permission from a gatekeeper.”
He goes on to compare Bitcoin’s potential to the early internet, stressing how it enables individuals to send value globally, securely and instantly, without intermediaries.
The explanation is considered one of the clearest and most compelling ever delivered to Congress and now, with Trump’s public endorsement, it’s being seen by millions for the first time.
Political timing is no accident
Trump’s post arrives just 48 hours before the scheduled release of the Digital Assets Task Force Report, commissioned by his executive order in January 2025. That report is expected to lay the groundwork for a federal digital asset framework.
The former president has become increasingly vocal in support of cryptocurrencies backing the Genius Act, calling for crypto-friendly retirement investment options, and now publicly aligning with Bitcoin advocacy at the policy level.
While Trump once dismissed Bitcoin as a “scam,” his stance has clearly evolved into strategic support a pivot that may reshape the GOP’s crypto positioning going into 2026.
Markets react cautiously
The post did not trigger immediate price movements, but Bitcoin hovered above $118,000 with modest upward pressure following the video’s circulation. Analysts suggest Trump’s words may carry long-term institutional significance, especially if echoed in upcoming legislation.
More importantly, the resurfaced Van Valkenburgh testimony is being shared widely across financial media, crypto communities, and political circles sparking fresh debate on how Bitcoin should be viewed: not just as an asset, but as infrastructure.
