In town note #13 - crypto summit remarks

Trump opens by outlining his EO allowing the government to hold and maintain its crypto holdings and criticizing the Biden administration for selling off Bitcoin that would have increased in value. A few quotes:

“From this day on, America will follow the rule that every Bitcoin knows very well, never sell your Bitcoin. That's a little phrase that they have. Is it right? Who the hell knows.”

“They strong-armed banks into closing the accounts of crypto businesses and entrepreneurs, effectively blocking some money transfers to and from exchanges, and they weaponized government against the entire industry. But I know that feeling also maybe better than you do.”

“This is a tremendous opportunity for economic growth and innovation in our financial sector, and we'll really go a long way.”

Trump then called on others to speak: Sacks, Bessent, Lutnick, Loeffler and Rep. Tom Emmer.

Then he turned it over to Sacks to call on some of the crypto industry folks, starting with Cameron and Tyler Winklevoss.

Comments ongoing&

Eli Stokols
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