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First Ever Crypto Summit
PLUS: IMF vs Bitcoin & TikTok To Go Full Crypto
First Ever Crypto Summit
IMF vs Bitcoin: El Salvador’s Next Move
TikTok To Go Full Crypto
And more…
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FIRST EVER CRYPTO SUMMIT 🏦
Breaking News: Some of the biggest names in crypto are set to attend Trump’s Crypto Summit this Friday, marking a historic moment for the industry.
Who’s Attending?
While the official list remains under wraps, confirmed attendees include:
Michael Saylor (Strategy Chairman)
Brian Armstrong (CEO, Coinbase)
Sergey Nazarov (Co-Founder, Chainlink)
Brad Garlinghouse (CEO, Ripple)
Arjun Sethi (Co-CEO, Kraken)
I have been invited to the Digital Assets Summit at the White House this Friday, hosted by the President.
— Michael Saylor⚡️ (@saylor)
5:39 PM • Mar 4, 2025
With crypto policy, regulation, and government involvement at the forefront, this summit could shape the future of digital assets in the US.
President Trump has announced a Crypto Strategic Reserve consisting of Bitcoin and other top cryptocurrencies. This is consistent with his week-one E.O. 14178. President Trump is keeping his promise to make the U.S. the “Crypto Capital of the World.” More to come at the Summit.
— David Sacks (@davidsacks47)
5:08 PM • Mar 2, 2025
Key Topic: The US Crypto Strategic Reserve
President Trump recently announced plans for a national crypto reserve, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).
The big question: Should the reserve be Bitcoin-only or diversified?
Expect major discussions this Friday—potentially a defining moment for crypto investors worldwide.
IMF vs BITCOIN: EL SALVADOR’S NEXT MOVE
El Salvador’s Bitcoin strategy is under the microscope as the country finalizes a $1.4 billion deal with the International Monetary Fund (IMF).
The agreement includes a commitment to stop buying Bitcoin (BTC) with public funds by July 2025.
But President Nayib Bukele isn’t backing down, with Swan Bitcoin reporting that they proceed to buy 5 more Bitcoin on Tuesday:
NEW: 🇸🇻 The IMF demands El Salvador stops buying #Bitcoin as a condition of further funding. They proceed to buy 5 more Bitcoin last night 💪
— Swan (@Swan)
12:56 PM • Mar 4, 2025
“No, it’s not stopping, If it didn’t stop when the world ostracized us and most ‘Bitcoiners’ abandoned us, it won’t stop now, and it won’t stop in the future.”
His defiance has drawn mixed reactions.
While Bitcoin supporters celebrate his commitment, critics question whether this stance could undermine El Salvador’s financial stability and its agreement with the IMF.
The IMF’s agreement, signed on February 11, explicitly states:
“As per agreement with the IMF, we will no longer accumulate new Bitcoins in our portfolio.”
The contradiction between Bukele’s words and the official document has fueled speculation.
Some believe he is sending a message to crypto enthusiasts while planning to comply in the background.
Others see a direct challenge to the IMF.
Bitcoin advocate John Dennehy called out the mixed messaging:
“The El Salvador government disagrees with itself, simultaneously saying they will stop accumulating Bitcoin and that it is ‘not stopping.’ It’s impossible for both to be true.”
Meanwhile, Bitcoin strategist Samson Mow pointed out that the IMF’s terms seem firm:
“If there is a way to continue buying, I didn’t find it in the document. If the plan is to outright defy the IMF, that’s not good for securing additional loans or maintaining a stable economic image.”
With global attention on El Salvador’s Bitcoin experiment, the world is watching to see if Bukele truly intends to defy the IMF’s conditions—or if his latest purchase is just symbolic.
Join Swan Bitcoin!
And Get $10 of Bitcoin When You Sign Up!
TIKTOK TO GO FULL CRYPTO
This isn’t a TikTok copycat going onchain.
This is TikTok itself—onchain.
And Alexis Ohanian wants to make it happen. 👇
Who’s Alexis?
Reddit’s co-founder (so yeah, he gets social platforms and has $$$) ✅
Crypto believer ✅
Right now, his vision isn’t fully clear beyond this tweet: 👇
Users should own their data.
Creators should own their audience.
Period.
Frequency will empower these principles to become reality. And with transparency and accountability at the core, this new TikTok won’t just be fairer—it’ll be GREATER.
— Alexis Ohanian 🗽 (@alexisohanian)
7:00 PM • Mar 4, 2025
But if it follows existing onchain social trends, here’s what it could mean:
1️⃣ Own your followers 🤝
New platform? No problem. Your audience moves with you.
Just like Threads auto-followed your IG connections.
2️⃣ Own your identity 😎
Your handle (@username) works across platforms, just like an email domain.
Expect a booming market in social handle domains.
3️⃣ TikTok could force Web2’s hand 💪
Gen Z is over Facebook. IG is fading. TikTok is the key.
If Zuck tries to buy it, antitrust lawsuits will fly.
But if TikTok integrates onchain tech? Facebook & IG might have to follow.
We’re just scratching the surface—but this could be huge.
We’ll keep you posted. 🚀
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FOR THE FERTILE MIND…
You are what you read! Here is what we are reading right now…
The Conservative Case For Bitcoin - Mitchell Askew
Contributions to Philosophy (Of The Event) - Martin Heidegger
Liberty and Property - Ludwig Von Mises
Concept of the Political - Carl Schmitt
OTHER NEWS
🚀 Bitcoin's $500K Target Reignited – Standard Chartered says Trump’s Crypto Reserve plan brings their $500,000 BTC price forecast for 2028 back into play.
🔍 El Salvador’s Bitcoin Transparency Push – IMF's loan conditions force El Salvador to disclose state-controlled BTC wallets while shutting down Bukele's Chivo service.
🏛 Trump’s Bitcoin Reserve Plan Unveiling – Commerce Secretary Howard Lutnick claims President Trump will introduce a national Bitcoin strategy at the upcoming White House Crypto Summit.
⚖️ Bitcoin vs. Altcoins in US Crypto Reserve – Lutnick states Bitcoin will get special treatment in the US crypto reserve, while altcoins will receive distinct but positive consideration.
⚡ Bitcoin Mining at Risk Amid US-Canada Tensions – A trade dispute could jeopardize access to cheap cross-border energy, threatening up to 5% of global BTC mining power.
🔌 Belarus Expands Bitcoin Mining Operations – President Lukashenko pushes for BTC mining growth, leveraging the country’s excess electricity and low energy costs.
🎙 Michael Saylor Joins White House Crypto Talks – The MicroStrategy chief will attend President Trump’s Digital Assets Summit this Friday.
💰 Blockstream Launches Billion-Dollar Bitcoin Funds – The firm secures major funding for three investment vehicles, including BTC-backed lending products.
🏦 ‘Fort Knox of the Future’? – Foundation Devices CEO Zack Herbert says the Trump administration is positioning Bitcoin as a key national asset.
🚨 Custodia Bank CEO Calls for Banking Reform – Caitlin Long urges the US government to address outdated banking regulations and crypto-related debanking practices.
📈 Bitcoin ETFs Poised to Outshine Precious Metals – State Street predicts BTC ETFs will become the third-largest US asset class by 2025, with BlackRock and Fidelity leading the charge.
🇷🇺 Russia Registers 600 Bitcoin Mining Firms – Miners comply with new federal tax regulations, meeting energy usage and reporting requirements.
⚖️ SEC Backs Down from Kraken Lawsuit – The regulator withdraws its case, signaling a shift in US Bitcoin and crypto policy under the Trump administration.
🏧 Bitcoin ATM Network Shrinks in the US – Over 1,200 machines removed in early March as Senator Dick Durbin pushes for anti-fraud legislation.
🤝 US Lawmakers Form Pro-Bitcoin Caucus – Congressmen Ritchie Torres and Tom Emmer launch a bipartisan group to advocate for crypto-friendly legislation.
🕵️ North Korea Launders $1B in Stolen Crypto – The Lazarus Group moves hacked Bybit funds via THORChain, while cybersecurity teams work on recovery efforts.
🔐 Coinos Wallet Warns of Security Leak – Users urged to update revoked NWC connection secrets after a breach in platform security.
🏦 Metaplanet Buys More Bitcoin – The firm adds 497 BTC worth $43.9M to its growing 2,888 BTC treasury holdings.
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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