These 3 individuals turned Donald Trump into a Bitcoin supporter.

From Skeptic to Supporter: Meet the 3 Minds That Turned Donald Trump Pro-Crypto


Three Puerto Ricans have been instrumental in turning the once skeptical Donald Trump into a bitcoin enthusiast. Amanda Fabiano, Tracy Hoyos-Lopez and David Bailey are said to have used their positions to influence the former president, specifically to get him to attend a Bitcoin conference in Nashville.

As a result, Trump's speech reinforced his pro-crypto stance and made headlines. Moreover, during the Bitcoin conference, Trump promised to fire US Securities and Exchange Commission (SEC) chief Gary Gensler if he won the election.

Who are the 3 individuals?

Amanda Fabiano, known as the shadow boss of Bitcoin miners, played a key role in this change. Her experience in managing mining operations lends credibility to the discussion, framing Bitcoin as a legitimate enterprise.

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Former California Attorney General Tracy Hoyos-Lopez brings a fresh perspective and legal expertise. A recent convert to the Bitcoin cause, she emphasized the crypto's potential for mainstream acceptance and legal stability.

Read more: Free Cloud Mining Providers to Bitcoin in 2024 My Bitcoin

David Bailey completes this influential trio. One of his contributions was organizing the Nashville Bitcoin Conference.

Bailey has been in ongoing discussions with the Trump campaign since around March, providing information and laying the groundwork for high-level meetings. The crypto sector has reportedly pledged nearly $100 million in donations to support Trump, underscoring the community's political and economic influence.

The strategic shift took place over Memorial Day weekend at Bottles, a steakhouse in Guyanabo. Bailey suggested a strategic meeting to discuss the potential of crypto mining.

“We were at dinner with a bunch of people, and David said, ‘Hey, I've been talking to the administration, and I want to do a table around mining, can we talk this weekend?'” Fabiano recalled.

Their discussion quickly yielded results. In mid-June, Trump agreed to host a 90-minute roundtable with top crypto executives at the Mar-a-Lago Club. This session focused on the intricacies of cryptocurrency and its benefits, and marked a major shift in Trump's stance.

“That roundtable really set out, OK, this industry is real, and they're looking at dollars, and they're looking at things like real smart things and agendas that are good for America,” Fabiano said. .

This was no ordinary pole. Bailey, Fabiano, and Hoyos-Lopez were carefully selected, choosing industry leaders who articulate the benefits of crypto. They aim to show not only the financial benefits, but also the societal impacts.

Read more: Crypto Regulation: What are the Pros and Cons?

Trump's involvement with Crypto

Their efforts seem to have paid off. Trump has been more active with cryptocurrency since then. He has become the first major presidential candidate to accept crypto donations.

Furthermore, he supported the concept of self-control, reflecting a shift from his earlier skepticism.

However, these three individuals are not the only ones who have melted Trump in orange. Even his inner circle and family seem to be crypto enthusiasts.

“There are a lot of people in Trump's orbit who are Bitcoin fans. There are family members who are Bitcoin enthusiasts. Donald Trump sold real estate for Bitcoin. “I just bought a pair of sneakers from him with Bitcoin.” said Bailey.

The family's involvement in crypto initiatives like the DeFi project, led by his sons, shows Bitcoin's deepening in the inner circle.

Through his crypto-friendly stance, Trump has received significant financial support from the crypto industry. For example, the campaign reportedly raised $25 million at the Bitcoin conference.

However, according to the prediction market platform Polymarket, Trump still has a 50% chance of winning the election.

Presidential Election Winning Odds. Source: Polymarket

US Vice President Kamala Harris is giving it tough competition, and is trying to please the crypto community. When it was said, the crypto industry donated more than $119 million in support of crypto-friendly candidates.

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