Is crypto really strategic?

💡Donald Trump's newly discovered love for digital assets may not be great for the industry. Regulation, however, would be a boost.

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Today’s edition

  • 1) What we’re writing: The White House Crypto Summit

  • 2) What we’re watching: Who wants a strategic crypto reserve?

  • 3) What we’re trying: Ledger (to buy and store your own crypto)

  • 4) Today’s sponsor: Hubspot

Let’s get started! 🤓

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Your must-read

What we’re writing

On 7 March, the White House Crypto Summit took place. It was the first time a sitting US president had convened such a high-level meeting focused exclusively on digital assets.

Ahead of the meeting, we published a short look at why this summit is relevant and what it means for the industry overall. Lots of takes have been published since, both from participants and observers (here's a good summary from Time Magazine).

Overall, there were not many direct outcomes. The direction, however, seems clear: Regulation in some form is likely to be an important topic in Washington in the coming months.

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Have a look

What we’re reading

Just ahead of the Crypto Summit, Donald Trump issued an Executive Order to establish a "strategic bitcoin reserve" as well as a "digital asset stockpile". The timing was probably not a coincidence.

At first glance, it seems like crypto has come a long way from the days of "bitcoin is only used by criminals". However, not even crypto enthusiasts think that the idea of a strategic crypto reserve is completely positive (here's a good summary from Nic Carter).

Perhaps more important, the strategic bitcoin reserve could even "create a new potential headache for Republicans who are working to advance a slate of industry-friendly legislation," as Politico writes.

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Your turn

What we’re trying

Cryptocurrencies in general and Bitcoin in particular are certainly in the news these days. Are you also interested, whether for investment purposes or just out of curiosity?

There's definitely a lot to like about blockchain technology and cryptocurrencies. However, there's also a lot to learn – and you should take your time before buying anything.

We're trying our best to provide some perspective on the technology side and its use cases. When it comes to safely storing your crypto, Ledger has been a trusted supplier of easy-to-use hardware. They also have a comprehensive academcy where you can find information for beginners and more experienced users alike.

One more thing: Feel free to subscribe to get our content straight to your inbox. We’ll even try not to be boring. 😉

That’s the end for today! 😢

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