David Nage, a VC at Arca with deep insights into crypto investments, discusses the latest market tumult sparked by Trump's controversial posts about a crypto reserve. He critiques the inclusion of Cardano and XRP, favoring Bitcoin as a prime candidate for national reserve status. Nage also shares skepticism about the guest list at the White House Crypto Summit, suggesting it's skewed toward centralized interests. With ongoing market struggles, he explores possible catalysts for recovery and the intersections of politics with digital assets.