In a very genial nod to Bitcoin, Cramer asked about the new administration\u2019s plans for crypto and, in his question, drew a comparison to the U.S. strategic petroleum reserve. Will the White House push for something like that?<\/p>\n
\u201cYeah, I think so,\u201d Trump answered. But the rest of his answer really showed an understanding of the cryptocurrency sector\u2019s importance to the global economy in terms of first principles.<\/p>\n
That may be the influence of tech engineer and government efficiency advisor Elon Musk, who is famous for saying<\/a>, \u201cI think it\u2019s important to reason from first principles rather than by analogy.\u201d<\/p>\n \u201cWe\u2019re going to do something great with crypto,\u201d Trump told Kramer.<\/p>\n \u201cBecause we don\u2019t want China or anybody else\u2014 others are embracing it and we want to be the head. We want to be the head of AI. We\u2019re gonna be ahead of AI,\u201d he added.<\/p>\n Then Trump said something that proves he\u2019s a crypto fundamentalist, not just a headline reader doing what Elon Musk or his son Barron are telling him:<\/p>\n \u201cAnd we\u2019ve got to produce a tremendous amount of electricity. And you know that,\u201d he explained. \u201cIt\u2019s unbelievable when you think that we need more than twice what we already have. But we\u2019ll be able to do it.\u201d<\/p>\n\nTrump Tells Jim Cramer\u2019s About Crypto<\/h2>\n