Why the Summit is a Big Deal

Expect Positive Announcements from Tomorrow's WH Crypto Summit

Felt like we'd be remiss if we didn't get this out there. Tomorrow's White House Crypto Summit attendees reads like a who's who of blockchain. Current confirmed attendees:

• Michael Saylor (Bitcoin Maxi)

• David Bailey (Bitcoin Magazine)

• Vitalik Buterin (Co-founder Ethereum)

• Anatoly Yakovenko (Founder Solana)

• Charles Hoskinson (Founder Cardano)

• Paolo Ardoino (CEO Tether)

• Brad Garlinghouse (CEO Ripple)

• Brian Armstron (CEO Coinbase)

• Vlad Tenev (CEO Robinhood)

• Matt Huang (Co-founder Paradigm)

• Arjun Sethi (CEO of Kraken)

• David Sacks (U.S. Crypto & AI Czar)

• Mark Uyeda (Acting head of SEC)

• Caroline Pham (Acting head CFTC)

• Howard Lutnik (Commerce Secretary)

• Scott Bessent (Treasury Secretary)

• Pam Bondi (U.S. Attorney General

If you've been into magic internet money for a few years...this is it. This is what you've been waiting for. We finally have a pro-crypto Administration, and less than two months into his term, Trump has assembled the Kings of American blockchain in the same room.

Tough to gauge what to expect out of this meeting as it is the first of its kind. We have heard about the possibility of a strategic reserve, but as to what that will look like we'll have to wait and see. Maybe a Bitcoin Reserve and an Altcoin Reserve? Certainly seems that Trump is looking to get into bed with American only crypto companies. What does that do to Ethereum? Are they shut out? I'd doubt it. More likely Trump gives them a big tax break to move their business here.

Imagine they announce officially that there will be no capital gains tax on crytpo if ur long? Ugh, send me to the moon motherfuckers. Gonna see a lot more money move into the sector if that becomes a reality.

My take is this...the news coming out of the White House is not going to be bad. I'm definitely buying today.