Empire

Trump Keeps Delivering on Crypto Promises | Roundup

13 snips
Jan 24, 2025
This week delves into the implications of Trump’s executive order on digital assets and the growing pressure faced by the Ethereum Foundation. The hosts discuss the challenges and opportunities within DeFi and institutional adoption. They also analyze the unexpected rise in memecoin launches tied to Trump, pondering whether it indicates market euphoria or caution. Personal updates and innovations in blockchain technologies round out an engaging conversation, highlighting the intersection of politics, tech, and market dynamics.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
ANECDOTE

Ross Ulbricht Pardoned

  • Ross Ulbricht, Silk Road founder, was pardoned after serving time for operating a Bitcoin-only marketplace.
  • He was sentenced to double life imprisonment, but this pardon marks a positive turn.
INSIGHT

Trump's "Stockpile"

  • Trump's executive order mentions a "national digital asset stockpile," not a "reserve."
  • This implies seized assets will be held, not purchased, and includes various cryptocurrencies, not just Bitcoin.
INSIGHT

Crypto's Immature Reactions

  • The crypto market reacts immaturely to positive news, focusing on what's missing rather than celebrating progress.
  • This behavior is likened to a child upset over a missing cherry on an otherwise perfect sundae.
Get the Snipd Podcast app to discover more snips from this episode
Get the app