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⌐◪-◪ → The war on crypto is officially over.

Trump just issued an executive order that delivered on all five of his core crypto promises in one fell swoop:

✓ Protect self-custody rights
✓ Protect Bitcoin mining
✓ Ban the creation of a CBDC
✓ Fire Gensler and end the war on crypto
✓ Create a strategic Bitcoin "stockpile"

This executive order is without a doubt the single most impressive government document about crypto ever written. Don’t just take my word for it — ask @punk6529.

While everyone’s eagerly awaiting the approval of The Bitcoin Act, which would have the U.S. purchase 1M Bitcoin, the more fundamentally important victory here is protecting our freedom to transact, the right to mine Bitcoin, and the right to self-custody digital assets.

Enforcing property rights is one of the most fundamental responsibilities of government, and this order officially extends those protections to the Digital Frontier.

The future of crypto in America has never looked brighter. And there’s no better place for freedom-enabling technology than America, the land of the free.

⌐◪-◪ → Crypto just got a MASSIVE unlock.

The SEC just rescinded SAB 121, the controversial accounting rule that forced banks to count Bitcoin on their balance sheets as a liability instead of an asset.

This rule made no sense and was disastrous for the banking industry. Its removal now opens the floodgates for banks to launch new crypto products and services.

Once banks become comfortable with Bitcoin, start accepting it as collateral for loans, and rehypothecate it to maximize returns, we’ll see Bitcoin adoption and prices skyrocket.

For context, this was Michael Saylor’s third and final catalyst for Bitcoin hitting $5M:

✓ Spot ETF approval
✓ Fair value accounting rules from FASB
✓ Banks custody and lend against Bitcoin

Looking forward, the things I’m most excited for are:

☐ Passing The Bitcoin Act
☐ Taxing Bitcoin as currency, not an asset

If Trump can deliver on these, retail investors, institutions, and nation-states will flock to Bitcoin like never before. The golden era of crypto is truly upon us.

⌐◪-◪ → Are NFTs and memecoins finally safe?

David Sacks, the White House’s new “Crypto Czar,” just went on Fox News to declare that NFTs and memecoins are collectibles.

During the interview, he explained how crypto can represent many things — securities, commodities, currency, and collectibles — and that what founders need most is a clear regulatory framework so they can know and follow the rules. It’s just common sense.

Digital assets have leveled the playing field and unlocked a vast new area of innovation. But our legacy TradFi frameworks for commodities and securities don’t always apply, and it’s time to refine or more narrowly define securities, commodities, and currency for crypto. We might even see a new Howey test.

The vibe shift is undeniable. With both the President and First Lady owning memecoins, it feels like a new chapter has begun.

One small step for crypto, one giant leap for memekind.

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