Mar 12: Live w/ Kyle & Matt: Trump's Crypto Play: Strategic Bitcoin Reserve Unveiled

Mar 12: Live w/ Kyle & Matt: Trump's Crypto Play: Strategic Bitcoin Reserve Unveiled

Kyle and I are back for another live discussion. I really enjoy these talks because I don't know Kyle's opinion or where his head is at, so we both learn a lot about the topics of the day. I hope you do too.


The Strategic Bitcoin Reserve

The biggest news of the week came from an announcement regarding a U.S. government-controlled Bitcoin reserve. President Donald Trump initially tweeted about forming a “crypto strategic reserve,” but left out Bitcoin and Ethereum from his original statement. An hour later, he followed up, including both assets and clarifying his stance.

However, the reality of this reserve was not as explosive as many had hoped. The U.S. government is not buying more Bitcoin—it’s simply choosing to hold onto the Bitcoin it already has, mostly acquired through civil asset forfeiture. If the U.S. had held onto previously seized Bitcoin instead of selling it, the Treasury would reportedly have an additional $7 billion in its reserves.

The ethical concern here is that this decision creates a perverse incentive. By allowing the government to hold onto seized Bitcoin rather than auctioning it off, it essentially profits from civil asset forfeiture. Historically, seized assets have had to be sold or destroyed. Now, if the government sees an opportunity to benefit from rising Bitcoin prices, could that create undue motivation to seize more crypto assets?


White House Crypto Summit

Following the Strategic Bitcoin Reserve announcement, the White House hosted a Crypto Summit, attended by major industry players such as Michael Saylor (MicroStrategy), Brian Armstrong (Coinbase), the Winklevoss twins (Gemini), Brad Garlinghouse (Ripple), and Tom Emmer (House Majority Whip). The summit served as a meeting of key crypto stakeholders with the Trump administration, but it raised concerns about whether this was a genuine effort to advance crypto policy or simply a pay-to-play scheme.

Many of the attendees were major donors to Trump’s campaign, which raises questions about how much influence money has over crypto regulation. If the people in the room are the ones who will have their projects favored by regulators, then retail investors and smaller projects could be at a serious disadvantage. Additionally, there was little diversity at the summit, with very few women or representatives of decentralized finance (DeFi) projects in attendance.


CZ’s Comments on Long-Term Crypto Investing

Binance’s former CEO, Changpeng Zhao (CZ), made headlines this week by discussing ethical long-term crypto investing. He emphasized the importance of token unlock mechanisms that align with a project’s actual success rather than arbitrary time-based schedules. Too often, venture capitalists dump tokens as soon as they unlock, leaving retail investors to absorb the losses. CZ suggested that token unlocks should be tied to key performance indicators (KPIs) rather than arbitrary schedules, an idea that could help make the space more sustainable.


Happy HODLing, everyone.

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Avsnitt(673)

Sept 20: Earn 10.8% on USDC

Sept 20: Earn 10.8% on USDC

🧑‍💻 Quantum Computing FUD: Will It Dwarf Blockchain Security?🐦 Cointelegraph Post on X🐋 WhaleInsider Post on X🏦 Coinbase Expands USDC On-Chain LendingSelf Custody Crypto Roth IRA:http://athenic.xyz/Use Code “DCN” for $30 off: DCN📉 Trader Cobb & Market Training via The Grow Me Co WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.link Trader Cobb X: @TraderCobb https://www.thegrowmeco.com/Editing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

20 Sep 26min

Sept 19: Self-Custody Meets the Roth IRA: Athenic’s Crypto-Native Approach

Sept 19: Self-Custody Meets the Roth IRA: Athenic’s Crypto-Native Approach

Self Custody Crypto Roth IRA:http://athenic.xyz/Use Code “DCN” for $30 off: DCN📉 Trader Cobb & Market Training via The Grow Me Co WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.link Trader Cobb X: @TraderCobb https://www.thegrowmeco.com/Editing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

19 Sep 40min

Sept 18: China Boots Nvidia in AI Pivot

Sept 18: China Boots Nvidia in AI Pivot

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18 Sep 16min

Sept 17: XYO Unveils Layer One Blockchain to Power AI and Data at Scale

Sept 17: XYO Unveils Layer One Blockchain to Power AI and Data at Scale

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17 Sep 20min

Sept 16: Coinbase Breaks Silence on Base Token — Let the Airdrop Rumors Fly

Sept 16: Coinbase Breaks Silence on Base Token — Let the Airdrop Rumors Fly

🪙 Coinbase Teases a Network Token🏦 Senate Confirms Trump Adviser Stephen Miran to Federal Reserve Board💼 Fellowship PAC Sets $100M Crypto Policy Goals📊 Altcoin Leverage Traders Brace for Fed Decision🔐 Securing Your Financial Sovereignty – Jameson Lopp Blog📉 Trader Cobb & Market Training via The Grow Me Co WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.link Trader Cobb X: @TraderCobb https://www.thegrowmeco.com/Editing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

16 Sep 18min

Sept 15: Polkadot DAO Approves 2.1B Hard Cap

Sept 15: Polkadot DAO Approves 2.1B Hard Cap

🪙 DOT Supply → Capped at 2.1 Billion⛓️ Three Sneaky Changes in Bitcoin Core v30 Confuse Node Operators🏦 Thailand Freezes Bank Accounts in Anti-Scam Crackdown🕵️ Inside the IRS’ Expanding Surveillance of Crypto🔒 Monero’s Largest Reorg Erases 36 Minutes of Transaction History💃 Twerk From Home Aims to Be the UFC of Exotic Dancing With Crypto Boost🚀 Pump.fun’s PUMP Token Soars 40% in Massive Weekend Rally📉 Trader Cobb & Market Training via The Grow Me Co WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.link Trader Cobb X: @TraderCobb https://www.thegrowmeco.com/Editing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

15 Sep 27min

Sept 12: Gemini’s GEMI Listing Draws Frenzy

Sept 12: Gemini’s GEMI Listing Draws Frenzy

📊 US Consumer Inflation (CPI) Report for July🤖 AI Giants Face FTC Inquiry Into Chatbot Safety and Child Protections⚖️ Coinbase Says SEC Destroyed Gensler Texts, Demands Court Sanctions💹 The Next Big Crypto IPO: Gemini’s Public Offering Explained🐋 Bitcoin Whale Awakens After 13 Years — Crypto Treasury Fund?🗣️ Charlie Kirk’s Murder Debate Sparks Crypto Trader Ethics Clash📉 Trader Cobb & Market Training via The Grow Me Co WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.link Trader Cobb X: @TraderCobb https://www.thegrowmeco.com/Editing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

12 Sep 21min

Sept 11: SEC Punts ETH ETF Staking, Franklin XRP & Solana Fund Decisions

Sept 11: SEC Punts ETH ETF Staking, Franklin XRP & Solana Fund Decisions

🏛️ Senator John Kennedy Says GOP Not Ready to Advance Crypto Bill📰 Trump Picks Winklevoss as Wall Street Regulator⚖️ Bitcoin Giant MicroStrategy Dodges Lawsuit Alleging Accounting Wrongs📑 SEC Delays BlackRock Ethereum ETF, Weighs Franklin XRP & Solana🌎 LATAM Blockchain Devs Favor Ethereum and Polygon Over New Protocols🚀 Bitcoin Price Eyes $160K as MACD Golden Cross Returns📉 Trader Cobb & Market Training via The Grow Me Co WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.link Trader Cobb X: @TraderCobb https://www.thegrowmeco.com/Editing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

11 Sep 23min

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