#WhiteHouseCryptoSummit On March 7, 2025, President Donald Trump organized the first "Crypto Summit" at the White House, demonstrating a significant shift in his administration's stance on cryptocurrencies. During the event, Trump declared that "the war on cryptocurrencies is over," marking a new era of collaboration between the government and the crypto industry.

Key announcements from the summit:

Strategic Bitcoin Reserve: A national Bitcoin reserve was established, managed by the Department of the Treasury, using digital assets seized in legal operations. This "virtual Fort Knox" aims to strengthen the economic position of the United States in the digital realm.

Simply put, Trump is a snake oil salesman.