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Date
Summary
The Economist’s Prideaux: Crypto Has Become the ‘Ultimate Swamp Asset’
Subjects
Source
CNN
Name: CNN
URL: http://www.cnn.com/
Show
CNN NewsNight with Abby Phillip
Name: CNN NewsNight with Abby Phillip
URL: https://www.cnn.com/
Persons
Event
Event location
–
Link
–
Original recording
Uploaded
05/14/2025 11:57 pm
Owner
JBDiaz (staff)
Type
Video
Format
MP4 (720x406)
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Duration
0:01:35
Views
17
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Transcript
PHILLIP The meme coin ░░░░░░░░ is a big deal ░░░░░░░░ as someone put it ░░░░░░░░ there s no upper ░░░░░░░░ on meme coins because ░░░░░░░░ they inherently have no ░░░░░░░░ You can basically say ░░░░░░░░ you want about them ░░░░░░░░ pour as much money ░░░░░░░░ you want into them ░░░░░░░░ in the meantime it ░░░░░░░░ Trump and his family ░░░░░░░░ And by the way ░░░░░░░░ of this is not ░░░░░░░░ Trump and his family ░░░░░░░░ Witkoff s son is ░░░░░░░░ in this So there ░░░░░░░░ a lot of people ░░░░░░░░ official ties tied up ░░░░░░░░ this effort to juice ░░░░░░░░ Trump family pockets with ░░░░░░░░ I mean this we ░░░░░░░░ never seen anything like ░░░░░░░░ before PRIDEAUX I think ░░░░░░░░ s right I mean ░░░░░░░░ majority of the Trump ░░░░░░░░ s wealth now is ░░░░░░░░ up in crypto rather ░░░░░░░░ real estate There s ░░░░░░░░ company World Financial Liberty ░░░░░░░░ Trump Jr Steve Witkoff ░░░░░░░░ son have been you ░░░░░░░░ zooming around drumming up ░░░░░░░░ for that I m ░░░░░░░░ less worried by the ░░░░░░░░ I understand the concerns ░░░░░░░░ that To me the ░░░░░░░░ of pay to play ░░░░░░░░ are far bigger with ░░░░░░░░ crypto I mean crypto ░░░░░░░░ s amazing what s ░░░░░░░░ to this industry It ░░░░░░░░ started by people with ░░░░░░░░ ideas that you could ░░░░░░░░ a new asset class ░░░░░░░░ would be independent of ░░░░░░░░ and divorced from politics ░░░░░░░░ it has become the ░░░░░░░░ swamp asset If you ░░░░░░░░ at the way in ░░░░░░░░ people are using crypto ░░░░░░░░ do influence peddling in ░░░░░░░░ it‘s pretty alarming.”
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