What do you guys think of this Atlantic piece on Trump’s strategic crypto reserve?


https://www.theatlantic.com/technology/archive/2025/03/trump-crypto-reserve-executive-order/681977/?gift=iWa_iB9lkw4UuiWbIbrWGUyQhf8gvCA92KnftqDUWHI&utm_source=copy-link&utm_medium=social&utm_campaign=share

Reporter and writer. I cover energy, climate change and geopolitics. Contact me via my website www.alexanderckaufman.com and subscribe to kaufman.substack.com.

it's a more or less reasonable assessment of the situation but it has the typical normie cope POV which becomes tiring as an industry participant

bitcoin "plummeted"? it's down 1.25% over the last 24hr and has outperformed nearly every asset on earth since inception

figuring out my next thing | marketing, content, growth | prev. Juicebox, Nouns, RAW DAO | casting about coffee, hi-fi, and other rabbit holes

usually some combination of the following:

- “Bitcoin crashed”
- “Crypto is only used for money laundering”
- “Crypto is a ponzi scheme”
- “Crypto is all a scam”
- “Crypto is useless, the traditional financial system already works great”
- vague personifications of “crypto bros”