#TRUMP #foxnews The reelected Republican president was once opposed to cryptocurrency, but now he’s one of Web3’s most ardent developers. That was way back in 2019, in the tidy before times with the world blissfully unaware of the coronavirus pandemic ahead and BTC trading below $10,000. At that time, President Donald Trump did not yet understand Bitcoin and cryptocurrencies.
That November, he tweeted that he was “not a fan of Bitcoin.” He criticized cryptocurrencies for their famously “highly volatile” exchange rates. Furthermore, the former New York City real estate developer claimed their value is “based on thin air.”
Well, he wasn’t technically wrong. Bitcoin’s value is based on the work electrons do in highly specialized computer chips to keep a reliable record tracking all BTC wallets on its network.
The design behind it is so powerful, and the number of global participants in Web3 is so vast that Bitcoin has become a consistently class-leading financial investment of the century.
Alpha ROI, Light Work for Bitcoin
From Mar. 1, 2015, ten years ago, until Mar. 1, 2025, earlier this month, Bitcoin’s exchange rate delivered crypto investors a return on investment of 32,146%.
Bitcoin’s average daily trading price ten years ago was $261.66, according to data compiled by Yahoo Finance. A decade later that same Bitcoin sold for $84,373.87. That represents an average annualized ROI of 3,214%.
Meanwhile, from 2015 to 2025, the broad US stock benchmark S&P 500 Index delivered 182% returns from the 2,105 level to the 5,968. So, by comparison, that’s an average annualized ROI of 18%.
The stock returns were enough to keep Boomer dads from touching their savings for decades until their retirement. The crypto returns are life-changing. CNBC reported last August that the Bitcoin price rally had minted 84,000 new cryptocurrency millionaires.
While campaigning for reelection in 2024, Trump started to come around on cryptocurrencies. “You probably have to do some regulation,” Trump said in an interview on Fox News.