How Trump is fueling a crypto boom

Once crypto-skeptic, U.S. President-elect Donald Trump, has had a change of heart over the past year. Especially, after millions of dollars from the cryptocurrency industry poured into his campaign. Now, as he embraces the online currency, even appointing a crypto czar, the price of Bitcoin and other popular tokens reach new heights. Even memecoins are seeing a boost.

But what happens if the volatile crypto market sees another crash like it did in 2022? Jacob Silverman, tech journalist and host of CBC’s The Naked Emperor, joins us to talk about why there’s so much crypto hype right now and what’s at stake if the boom goes bust.

For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts