Navigate Select ESC Close

Crypto cash flooded the election. Here's why and the impact it may have | 60 Minutes

2024-12-09 News & Politics
242.0k
4.3k
2.8k
60 Minutes
60 Minutes
4.1m subscribers

Unlock all features

FREE: Get instant access to 10 AI summaries, chats, or transcripts per day.

Description

The price of Bitcoin hit record highs after President-elect Donald Trump’s win. Ripple CEO Brad Garlinghouse explains why the crypto industry poured millions into super PACs ahead of the election. "60 Minutes" is the most successful television broadcast in history. Offering hard-hitting investigative reports, interviews, feature segments and profiles of people in the news, the broadcast began in 1968 and is still a hit, over 50 seasons later, regularly making Nielsen's Top 10. Subscribe to the “60 Minutes” YouTube channel: http://bit.ly/1S7CLRu Watch full episodes: http://cbsn.ws/1Qkjo1F Get more “60 Minutes” from “60 Minutes: Overtime”: http://cbsn.ws/1KG3sdr Follow “60 Minutes” on Instagram: http://bit.ly/23Xv8Ry Like “60 Minutes” on Facebook: http://on.fb.me/1Xb1Dao Follow “60 Minutes” on Twitter: http://bit.ly/1KxUsqX Subscribe to our newsletter: http://cbsn.ws/1RqHw7T Download the CBS News app: http://cbsn.ws/1Xb1WC8 Try Paramount+ free: https://bit.ly/2OiW1kZ For video licensing inquiries, contact: [email protected]

Top Comments (10)

@Stanleee-8 2024-12-15

The market's rise after Trump's win is surprising given the economic uncertainty. While some stocks, like AI-focused ones, look strong long-term, the volatility makes me cautious. Even Bitcoin is seeing a boost, but it's tough to predict where things are heading with inflation and interest rates. Staying cautious but watching for opportunities.

2.0k 7 replies
@nathan.politics 2024-12-09

Curious as to why 60 minutes did not mention that a Federal Judge ruled that XRP is not a security?

1.3k 67 replies
@ATH 2024-12-09

Ripple CEo Brad Garlinghouse always tries to take care of the whole crypto industry. On behalf of XRP HODLERS, I admire you.

327 4 replies
@TerresaOxentenko 2024-12-09

The former SEC official who spoke said, "crypto has no utility," but isn't that what XRP is, a utility token for cross border transactions moving money on the XRPL, between 1-5 seconds seemlessly and without error, unlike the sluggish, fallible and antiquated Swift system which takes days?

296 10 replies
@johnjohn-is8yc 2024-12-09

Yep and I will never be watching 60 Minutes again

270 4 replies
@psosweet 2024-12-09

Weird that the interview is supposed to be about Ripple and XRP, but the CEO of Ripple has less screen time than the SEC representative

247 2 replies
@raezor82 2024-12-09

Us not having to work for our entire lives is a major threat to them.

173 8 replies
@Vrginger024 2024-12-09

They didn’t even let Brad speak for more than 4 minutes this is the most obvious smear campaign I’ve ever seen

145 5 replies
@bbrian2389 2024-12-09

60 minutes just let that former SEC guy come on the show and blatantly lie about what judges were ruling.

9
@negativemann 2024-12-10

Nice that 69 minutes omitted the fact that Ripple won its case!

7

Unlock the Data Inside
Turn Videos into Knowledge

  • Get FREE 10/day: transcripts, summaries, chats
  • Chat with videos, export text & PDF
  • $1 free API credit for RAG, chatbots & research

Free forever plan • All features unlocked

App screenshot