Trump Highlights Bitcoin Advocacy in Viral Congressional Video

• Trump shared a viral video praising Bitcoin as public digital infrastructure.

• Van Valkenburgh explained how Bitcoin works without banks or intermediaries.

• His testimony supports ongoing U.S. crypto policy and education efforts.

President Donald Trump has shared a congressional testimony video featuring Coin Center’s Director of Research, Peter Van Valkenburgh, calling it the “greatest Bitcoin explanation of all time.” The clip, now gaining traction on social platforms, showcases Van Valkenburgh’s structured defense of cryptocurrency during a U.S. congressional hearing.

In the video, Van Valkenburgh explains that Bitcoin is the world’s first public digital payments infrastructure, enabling value transfer without corporate intermediaries. He compares Bitcoin’s role in finance to the Internet’s impact on communication, describing it as a decentralized system that anyone with a computer and an internet connection can use.

The testimony underscores Bitcoin’s global accessibility. Unlike traditional payment networks that rely on banks to process and authorize transactions, Bitcoin operates on a permissionless, peer-to-peer system. This structure removes the need for third-party validation and allows users to maintain control over their funds.

Accessibility, Security, and Systemic Risk Reduction

Van Valkenburgh distinguishes Bitcoin from traditional banking infrastructure by highlighting the universal access Bitcoin provides. He notes that anyone, regardless of identity or financial status, can create a Bitcoin address and receive digital payments without approval from a centralized authority.

He also references major failures of centralized systems, including the Equifax breach that affected 143 million Americans and the vulnerabilities in the SWIFT network. These examples are used to argue that fewer, more powerful intermediaries increase systemic risk.

In support of decentralized systems, Van Valkenburgh mentions the $1.8 billion Punjab National Bank fraud, calling it the largest electronic bank robbery on record. He points to these incidents as evidence that Bitcoin’s decentralized architecture may offer better resilience against large-scale failures.

Security risks tied to centralized tech platforms were also addressed. Van Valkenburgh listed real-world examples such as hacked medical devices and vehicles, noting that the growing connectivity of the Internet of Things introduces vulnerabilities. He suggests blockchain networks provide stronger alternatives by distributing control across a transparent ledger.

Policy Alignment and Mainstream Impact

Trump’s amplification of the video brings wider attention to Bitcoin advocacy. His administration has shown ongoing support for digital assets, including backing legislation like the GENIUS Act and initiatives to develop regulatory frameworks for crypto.

Van Valkenburgh’s testimony strengthens the educational foundation for these efforts, positioning Bitcoin as both a financial tool and a policy concern. With growing public interest and bipartisan engagement in digital asset legislation, the timing of this video’s resurgence may influence broader discourse in both political and financial arenas.