In this YouTube video, the host discusses how Bitcoin is rising in value due to expectations of a Trump victory in November, which could create a favorable environment for cryptocurrencies. The former president is set to headline an industry conference in Nashville, where he may endorse Bitcoin and advocate for smoother regulation in the crypto space. The guest, Brian Kor Shane, CEO of Crypto investing company DAIM, anticipates Trump’s endorsement of Bitcoin will boost the industry further. There is speculation that the US could consider Bitcoin as a reserve currency, as it holds a significant amount of Bitcoin. Trump’s mention of onshoring mining domestically could also impact crypto prices, as lower energy costs for miners could reduce the available supply of Bitcoin and drive prices higher. However, it is noted that it may be impossible to mine all Bitcoin in the US due to the global nature of mining operations and the need for cheap energy sources. Overall, Trump’s support for Bitcoin and the crypto industry could lead to increased innovation and growth in the space.