Financial assets are destined to become digital just like every analog industry has become digital and we want that value creation to happen in the United States rather than giving it away to other countries breaking news us crypto Zar David Sachs just released the crypto Bulls it's happening smash the like button send this video to one friend David Sachs just revealed that the US Bitcoin strategic Reserve may be closer than we think and a priority for them in Trump's first one 100 days one of the things that the president instructed us to do uh was to
evaluate uh the uh the the idea for a Bitcoin reserve and so that is one of the things that's one of the first things we're going to look at as part of the uh internal working group in the administration so as soon as we get all that set up we're still waiting for some cabinet secretaries who are on the working group to get confirmed so we're still in the very early stages of this but that's one of the first things we're going to we're going to look at is the feasibility of a Bitcoin Reserve I
think the concept of The Sovereign wealth funds a little separate and you'd have to talk to secretary letnik or soon to be secretary letnik about that so what else is Donald Trump's us crypto committee focused on over the next 100 days well David Sachs along with US Senate banking committee chair Tim Scott and the house Financial Services Committee in general just hosted a half an hour press briefing to share what their focus will be this includes prioritizing us stablecoin and Market structure legislation a new bipartisan stable coin bill this bill was just introduced evaluating a
US strategic Bitcoin reserve and overall creating a golden age for Bitcoin and digital Assets in the US listen to what he says at the end the president said in his executive order in in the first week that it's the policy of his administration to support the responsible growth and use of digital assets blockchain technology and related Technologies across all sectors of the economy and he established a uh an executive Branch working group for digital assets which includes uh secretary Besson at treasury secretary gnome uh soon to be confirmed attorney general Bondi secretary lutnick at Commerce
uh and uh and other all the other key Administration officials that have an equity in in crypto and similarly the SEC has set up a a crypto task force led by Hester Pur which is also looking at this issue and together our objective is to accomplish the the the task of the president an assigned for us in his EO which is to propose a federal regulatory framework governing the issuance and operation of digital assets including stable coins in the United States I've talked to to many Founders uh over the past few years and they've told
me repeatedly that the number one thing they need from Washington is regulatory Clarity they just want to know what the rules of the road are so they can abide by them we're coming off frankly four years of arbitrary prosecution and persecution of crypto companies where the SEC wouldn't tell Founders what the rules were but then they would prosecute them and many Founders have even told me stories of being debanked personally just because they had founded a crypto company all of this uh this approach was driving this important technology of the future offshore and we want
to keep that innovation onshore in the US Financial assets are destined to become digital just like every analog industry has become digital and we want that value creation to happen in the United States rather than giving it away to countries this will also I should add be much better for Consumer Protection because it's easier for Regulators to supervise an activity when it's onshore and it's probably not a coincidence that the single biggest fraud in the history of crypto which was FTX uh was based in the Bahamas by moving the Innovation onshore it'll be easier to
separate out the good actors from The Bad actors and we want to encourage the good actors the innovators while protecting the market from the Bad actors and I think a market structure Market structure legislation with clear definitions and fair rules will will do that I want to say additionally we're excited about working with both the House and Senate on stable coin legislation I know Senator Hagerty introduced a bill today this uh stable coins really have the um the potential to ensure American dollar dominance internationally to um to uh increase the usage of the of the
US dollar digitally as the world's Reserve currency and in the process create potentially trillions of dollars of demand for us treasuries which could lower long-term interest rates so let me stop there and I want to thank uh chairman the the chairman here today chairman Scott chairman Hill chairman Boseman chair chairman Thompson and I look forward to working with them as part of the administration to help turn uh president Trump's policy into reality this was a week one priority for the administration and we're excited that our counterparts in Congress are equally committed to ensuring American dominance
in digital assets look forward to working with each of you and uh with that uh I want to say work with each of you in creating a golden age in digital assets and with that I'll turn over to Chairman Scott thank you by the way in the last 24 to 48 hours besides this stable coin bill being introduced which this is big a couple other things have happened one the US SEC just launched their crypto task force website this Pro crypto task force is being led by a very Pro crypto Hester Pierce crypto mom with
a very Pro crypto libertarian minded SEC chair Paul Atkins reminder this is what the SEC crypto task force will be focusing on the SEC has launched a crypto task force to help create a regulatory framework for crypto assets that will also address issues related to registration with the SEC of different coins commissioner Hester purse will lead this group that is music to the ears of the industry she's really seen as an ally uh to crypto and the voice of reason at the SEC when it comes to crypto and Scott it is so hard to overstate
what a big deal this is for the industry given the lack of clarity that they got under the previous leadership and crypto really needs rules more than ever right now because while we might be entering a so-called Golden Era of innovation in crypto in the US under trump it could be messy and then maybe this is surprising maybe this isn't surprising in the most recent dip caused by Trump's tariffs we did see Trump's World Liberty Finance Bu The Dip Trump's World Liberty Finance bought 86,000 ethereum in the 7 hours after the dip World Liberty Finance
now holds a total of 422 million ethereum with ethereum making 65% of their total crypto allocation immediately after this Eric Trump tells his millions of followers to buy ethereum the trumps really seem to understand the importance of all this guys I've seen the modern Financial system be weaponized I've seen politics be weaponized I've seen the legal system in this world be weaponized and it's one of the reasons that I love crypto it's one of the reasons I so strongly believe in defi I saw you guys go through those same attacks every single day I saw
them come after you I saw them strip your bank accounts I saw them cancel you like crazy the same thing that they were doing to us because we were running for politics is the exact same thing that they were doing to the crypto industry so guys smash the like button subscribe to our Channel let's talk about what comes next because as you can see things are really heating up but the question is what's real here what do experts actually expect to happen with crypto over the next 100 days listen to what he says at the
end joining us here at Post 9 Yuri's Partners managing director NYU Adjunct professor of law Max Rasin Max welcome I've been talking to Max about crypto since 2012 yeah was like below $100 and was the only one telling me to buy it and I stupidly didn't listen so what's here in terms of a possibility yeah it used to be like the crypto capital of the world was like my my basement like my mother's basement but now like the US is the the capital of of the world yeah I mean it's becoming yeah the US is
with with these new policies that the that the administration is uh pursuing it's going to be the place where where uh crypto people want to innovate where crypto Financial products are going to be uh developed and you know everything from reforming how the SEC uh gets done all these things are going to kind of militate towards uh uh broader adoption in the US I I've always thought of it as a kind of hedge against inflation when you have the FED doing all kinds of things that the FED does it's nice to have a an asset
a commodity that that the FED just can't print more of and it almost doesn't matter uh what that thing is uh it matters that you have something that the FED doesn't that the FED can't control well you have an interesting expertise in crypto and in law and I do wonder about viability of a strategic crypto Reserve yeah work yeah I mean it it definitely could work uh we have Ric reserves in uh other things in things like petroleum we own uh gold we own silver do we need a strategic crypto Reserve so I think it's
a it's an idea certainly worth exploring because anything that controls the fed and makes the FED uh uh have to bear the cost of its money printing is a Thing Worth exploring and again as I was saying it doesn't really matter what that thing is it matters that you have such a thing like that and crypto and Bitcoin especially um can be one of those things and it's fairly easy to uh accomplish uh both regulatorily and uh through legislation are you confident that we're that the administration is going to move beyond the sort of exploratory
phase white papers I I'm not confident of anything when it comes to crypto like who knows uh but you know senator lumus from uh she's like the she's like Senator Satoshi she's like the the the uh queen of crypto uh she's put forward a bill uh I don't know if it's going to have any traction but um you know like like ideas like The Sovereign wealth fund these are things that are being explored and and they're things that haven't been part of the Arsenal of the federal government before and it's uh worth worth uh exploring
look guys I think the stable coin bill will get passed swiftly this will bring so much money into the space and I do think 2025 is going to be crypto's best year yet now is not the time to tune out now is the time to double down and tune in this is the year and if you're interested in making money make sure you subscribe to our Channel WE Post one video every day keeping you informed make sure you follow us on Twitter it takes me a couple hours to make a YouTube video but it takes
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