Hunter Biden, son of former U.S. President Joe Biden, praised cryptocurrency and blockchain technology in a social media exchange with Gmoney, a General Partner for Delphi INFINFT, that reached over 1.56 million views. Biden stated he would use Hyperliquid to counter Senator Elizabeth Warren's anti-crypto positions and declared that 'fiat is a sham' and 'the banking class is corrupt.' The statements came amid ongoing political debate over cryptocurrency regulation in the U.S., with Biden's remarks contrasting with his father's administration's approach to the crypto industry.
Hunter Biden Engages Gmoney on Social Media About Crypto Strategy
After issuing a critique of President Donald Trump's Administration, Biden asked Gmoney if he would help secure the crypto vote in a hypothetical presidential campaign. Biden stated he would battle anti-crypto Democrats led by Senator Elizabeth Warren using Hyperliquid. The interaction went viral, reaching over 1.56 million views on social media.
Biden later revealed his interest in blockchain-based art. 'When I decided to sell my art I wanted every piece on the blockchain and to accept bitcoin as payment,' Biden disclosed. He cited Andreas Antonopoulos' book 'The Internet of Money' as influential in shaping his views. Biden also expressed admiration for Mike Winkelmann's art, known as Beeple for crypto-adjacent social media posts.
Biden Declares Fiat Currency a Sham and Praises Blockchain
When asked about his thoughts on the fiat financial system, Biden stated: 'Fiat is a sham, the banking class is corrupt, decentralized digital currency and the blockchain are the inevitable future, and the incumbents will fight it to the death.' The statement appeared to oppose actions taken against the crypto industry during his father's administration.
Biden Calls for Politicians to Understand Crypto Utility
While answering a question about what he would do regarding crypto if he became president, Biden dismissed a possible presidential bid, saying it was 'not something' he thinks about. Biden called on politicians across the aisle to 'truly understand the value and potential utility of cryptocurrency rather than just use it as a pet political issue for power or abuse it for financial gain.' He criticized the current state of affairs regarding crypto and government.
FAQ
What did Hunter Biden say about cryptocurrency on social media?
Hunter Biden stated that 'fiat is a sham, the banking class is corrupt, decentralized digital currency and the blockchain are the inevitable future, and the incumbents will fight it to the death' in a social media exchange that reached over 1.56 million views.
Did Hunter Biden discuss running for president?
Biden dismissed a possible presidential bid when asked what he would do regarding crypto if he became president, stating it was 'not something' he thinks about. He did, however, call for politicians to understand cryptocurrency's utility rather than using it as a political issue.
