Fox News’ My View Explores Bitcoin

Fox News’ My View took a sharp turn into Bitcoin territory in its latest episode on Saturday night. Lara Lea Trump dedicated an entire episode to the future of digital assets, featuring notable figures like Strategy’s chairman Michael Saylor, former President Donald Trump, White House Crypto Czar David Sacks, and Treasury Secretary Scott Bessent.

Saylor on Bitcoin’s Impact

Saylor took center stage, sharing his journey of discovering Bitcoin and its transformative effect on his company. He noted via Twitter that the episode aimed to educate viewers on the power of Bitcoin and digital assets using insights from various contributors.

Trump’s Economic Policies and Bitcoin

The episode commenced with Lara discussing the economic issues over the past four years, attributing inflation and rising debt to the Biden-Harris administration’s actions. The national debt has reached $36 trillion, causing pressure on businesses and taxpayers due to high interest rates.

Trump then took the floor, stating, “We are going to take in hundreds of billions of dollars… become so rich you won’t know where to spend that money.” He envisioned a future buoyed by Bitcoin, calling it “America’s next big industry.” He emphasized the addition of 10,000 manufacturing jobs in February and a cut of $115 billion in unnecessary spending as a positive start towards making America a Bitcoin superpower.

Audience Engagement

Viewers participated by calling in with questions. A caller from India, Stefan, inquired about the future of crypto under a potential second Trump administration. Lara replied that her hopes aligned with those of many Americans—that prosperity must thrive again and that America should lead in Bitcoin innovation.

Michael Saylor provided a reality check, arguing that Bitcoin is the most robust financial asset available. He stated, “We realized the dollar was inflating, and cash was losing value. Bitcoin is the only asset that holds purchasing power long-term.”

Additionally, the episode showcased public perceptions of Bitcoin, with mixed reactions. While some expressed skepticism, others identified themselves as long-term investors. One individual noted, “I don’t understand Bitcoin, but I know one thing—banks aren’t my friend. If Bitcoin gives me freedom, I’ll take it.” Another viewer remarked, “I bought crypto years ago, and I’m holding. In ten or twenty years, we’ll see where it goes.”