My First Day In The White House Press Pool
And Bitcoin Used To Safeguard Official Vote Tally In U.S. For Second Time Ever
On Friday, I covered the first-ever White House Crypto Summit and (proudly) represented Bitcoin Magazine in the White House Press Pool.
Witnessing the President of the United States, the Secretaries of the Treasury and Commerce, the Commissioners of the CFTC and SEC, and approximately 30 founders from the Bitcoin/crypto space in the same room (in the White House, no less) was quite a trip.
I knew that this sort of meeting would take place one day. I just didn’t expect it to happen so soon, and I didn’t anticipate getting a front row seat to it.
I covered what transpired at the event in the following piece:
And for other key quotes from the event, check out my tweet thread on it:
Official Voting Records Secured On Bitcoin Blockchain For Second Time In U.S. History
As if the above weren’t exciting enough, other Bitcoin history was made in the U.S. this week, as well.
For the second time ever, Bitcoin was used to safeguard official vote tallies from an official vote held on U.S. soil.
I reported on this historic event for Bitcoin Magazine:
If this topic interests you, feel free to check out my coverage on the first time Bitcoin was used to secure an official vote tally in the U.S. as well as the company that facilitates this process, Simple Proof.
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As you may have deduced from the two articles I shared above, Bitcoin is a pretty valuable network.
Use a Trezor Safe 3 to secure your share of it.
The U.S. Strategic Bitcoin Reserve (SBR)
On Thursday, I spoke with Matthew Pines, Executive Director of the Bitcoin Policy Institute (BPI), a Bitcoin-focused think tank based in Washington, D.C.
Pines advises politicians and national security strategists on Bitcoin and how it will inevitably disrupt global power paradigms.
We spoke about the U.S. Strategic Bitcoin Reserve (SBR), which President Trump initiated via an executive order just hours after my interview with Pines had concluded.
You can check out the interview here:
Markets
Speaking of the SBR, most imagined that the U.S.’s announcing the creation of an SBR would accelerate game theory around nation-state Bitcoin adoption, causing bitcoin’s price to pump — yet, the inverse has happened.
At the time of writing, bitcoin is trading at about $83k.
If it doesn’t rebound and stay above $91k in the near term, it could fall as low as $71k.
If it does fall that far, I don’t think the window to buy at those levels will stay open for long.
Therefore, now is a decent (though, not super spectacular) time to buy. (Not financial advice, nor is anything I write in this newsletter.)
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Thanks for reading, as always, and here’s to a super duper week ahead!
Best,
Frank
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