Trump Breaks ‘Overton Window’: Google Searches for ‘How to Buy Crypto’ Skyrocket

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What to know:

  • More and more people are scanning the web for information on how to buy crypto, according to Google Trends.
  • President-elect Donald Trump’s decision to launch crypto has smashed the “Overton window,” mainstreaming digital assets.

As a researcher delving into the world of cryptocurrencies, I can’t help but notice the surging interest in this field among the wider populace. It seems that the announcement by President-elect Donald Trump regarding his memecoin has significantly broadened the scope of what is considered acceptable or feasible (the Overton window) in terms of digital assets, thus catapulting them into mainstream consciousness.

Google Trends, a popular resource for measuring interest in trending subjects like “how to buy cryptocurrency,” stands at 100 as of now. The final weekly value will be verified this coming Saturday.

In simple terms, achieving a score of 100 means the highest popularity level – the most searches ever recorded for a specific query within a defined period (in this case, five years). This high score suggests that an increasing number of people are looking up information about investing in or learning about cryptocurrencies online.

Google Trends offers access to an essentially uncensored collection of search queries submitted to Google, which they then rate on a scale between 0 and 100 based on their own standards. The search value signifies the level of interest in that search topic compared to its peak within the specified region and timeframe.

Keep in mind that a surge in search activity doesn’t automatically guarantee a rise in purchasing demand. Investors are sometimes less likely to follow through with their actions.

It’s clear that a search volume of 100 for the question “how to buy crypto” indicates a strong interest among individual investors in diving into the cryptocurrency market.

It’s not surprising that there’s a lot of anticipation, given that it’s been suggested that Donald Trump, upon becoming the U.S. President, might establish a strategic Bitcoin reserve, similar to an oil reserve. If reports are true, he could reveal his intentions towards crypto and make it a key national policy focus during his speech scheduled for later today.

During the weekend, Donald Trump and his wife Melania introduced their own meme-based cryptocurrencies, TrumpCoin (TRUMP) and MelaniaCoin (MELANIA). These digital currencies swiftly surged to a significant market value of multiple billions of dollars.

According to certain experts, Trump’s introduction of his meme coin has shifted the boundaries of what was previously thought as niche or extreme, into something that is now widely accepted and commonplace.

Now that everything is legal, numerous startups may attempt to secure funding by issuing tokens as clear crypto equivalents to equity. Previously, the SEC had a significant impact on the market for over a decade by making founders hide the obvious similarity between tokens and equity. However, it’s ethically acceptable to transition equity from traditional platforms like spreadsheets and NASDAQs to blockchains, as stated by Balaji Srinivasan, former CTO of Coinbase, on X.

The Overton Window refers to a concept that helps explain how people’s ideas in society evolve and impact politics. Essentially, it outlines the spectrum of topics and viewpoints that are deemed acceptable by the general public at a particular moment.

Anonymously speaking, Trevor.btc opines that Trump’s involvement with a meme-based cryptocurrency could pave the way for less stringent regulations on digital currencies within the United States.

In simpler terms, “Trevor stated on X that the $TRUMP memecoin has significantly accelerated the debate about lessening cryptocurrency regulations in the US, effectively moving the discussion forward. Given this shift, it’s crucial to focus on sectors within crypto that are currently restricted by regulation and take bold actions without delaying for explanations.

READ MORE: Bitcoin Surges to $109K, Hits Record High Ahead of Donald Trump’s Inauguration

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2025-01-20 16:31