AI-Generated Video Shows Trump Unveiling BTC Whitepaper

A crudely altered video of President Donald Trump unveiling the Bitcoin whitepaper in the Oval Office—swapping the Declaration of Independence for Satoshi Nakamoto’s manifesto—has gone viral on social media this week.

In the manipulated clip, Trump dramatically unveils a framed copy of Bitcoin: A Peer-to-Peer Electronic Cash System as Fox News host Laura Ingraham looks on.

Grinning, Trump says:

“You think Joe Biden would do this? I don’t think so…Do you think he even knows what it is?”

Meta and X (formerly known as Twitter) have since flagged the video as misleading, with community notes clarifying that the footage was doctored.

The original clip was taken from a recent Fox News segment in which Trump displayed a copy of the Declaration of Independence he had placed in the Oval Office.

From Crypto Naysayer to Crypto Advocate, Trump’s Support of Digital Assets is Anything But Fake

Fabricated? Yes.

But the broader narrative—that Trump is embracing crypto like no president before him—is becoming increasingly real.

Since returning to office, he has aggressively pursued his pledge to make the US “the crypto capital of the world.”

What began as a campaign spectacle featuring Trump-branded NFTs and family-backed token launches has evolved into a sweeping policy shift.

Just weeks after his inauguration, Trump signed an executive order establishing a strategic Bitcoin reserve, signalling a new stance on digital assets at the federal level.

Regulatory enforcement has also softened.

The SEC has dropped cases against Kraken, ConsenSys, Immutable, and Crypto.com, reversing course on several high-profile actions.

Meanwhile, Trump Media has inked a partnership with Crypto.com, further intertwining his administration with the digital asset industry.

Momentum is also building in Congress.

On Wednesday, the Senate voted 70-28 to overturn a Biden-era IRS rule requiring DeFi platforms to collect and report user tax data—a policy critics called “fundamentally unworkable” given DeFi’s pseudonymous, code-driven nature.

Now, Republican lawmakers are pushing forward major legislation to regulate stablecoins and digital asset markets.

At this week’s Digital Chamber Blockchain Summit in Washington, House and Senate leaders signalled imminent action on the FIT21 market structure bill, which aims to establish clearer regulations for crypto assets, as well as a new stablecoin framework.