DC

coinfeeds-bot

tldr; Compass Coffee in Washington, D.C., became the first merchant to accept Bitcoin payments via Square's point-of-sale terminal, using the Lightning Network for instant transactions. This pilot, launched during DC Fintech Week, marks Square's first real-world deployment of its Bitcoin payment system. Merchants can convert up to 50% of daily sales into Bitcoin with no processing fees for the first year. While the technology shows promise for global scalability, regulatory challenges and broader ecosystem alignment remain hurdles for widespread adoption. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

New-Ad-9629

I've been trying to explain this to my Gen Z cousin, who just bought a million dollar home (sigh). In DC!! of all places (double sigh). I guess people learn the hard way.,

uninspired

How about having his hotel in DC during his first term where foreign dignitaries stayed when in town on official business?

Ajfox1974

Rosie. Dear, I don’t know where you got this info from. But by definition, a bond and a loan are the same thing. There is an obligation to pay it back with interest. An investor is a shareholder and assumes the same risk that we take with buying crypto. The Trump family was being debanked by BofA and a lot of others when the entire DC democrat machine was coming after the family. Anyway, you all buy that dip?

DCASPX6900

This is why you do not trade and don’t use leverage. Just DC, buy spot and believe in something.

neurone214

An airport outside of DC

pistonian

There are a lot of peripheral players in DC that have access to info from schedulers to secretaries to interns.

Successful-Cook7795

No it is permanent marker, been there for a week, got these when I went to exhibit at BTC at DC 2025

bravoechoniner

The massive deficit spending era really started post-9/11 with Bush and both parties have just continued to ransack the treasury for their own political and financial gain. Everyone in DC is guilty of and complicit in stealing the value of your fiat for themselves. Trade your ever-decreasing fiat for BTC, hold BTC and never have enough skepticism and cynicism for the bureaucratic elites who have contempt for you.

lavazzalove

The money printer was just turned on in DC. Let the game begin.

jdizzle512

There’s 2 major difference you forgot. Technical advancement and the all the top financial firms in the world just started working on crypto projects. Blockchains were doing 5-10 tps in 2017. They were doing several hundred tps in 2021. Now blockchains are infinitely scalable, some of them are faster than visa. SUI does like 27 million operations per second lol for example You also aren’t taking into account, the amount of institutions who just started building in crypto Look what swift and 7 largest firms in the world accomplished in August 2023 They sent Ethereum over swift, 2 years ago, and have been building since https://www.swift.com/news-events/press-releases/swift-unlocks-potential-tokenisation-successful-blockchain-experiments That’s been accelerating, 1000 institutions and 12000 banks, and a few governments joined the crypto industry over the past 2 years, it’s true price doesn’t reflect that Blockchain labs and the top financial firms in the world have been in DC every day this year helping Congress write the legislation and frameworks such as the Genius act so the big firms can have KYC aml compliant interoperability between their current systems and emerging crypto systems like Stablecoins and on chain lending ect

jdizzle512

There’s 2 major difference you forgot. Technical advancement and the all the top financial firms in the world just started working on crypto projects. Blockchains were doing 5-10 tps in 2017. They were doing several hundred tps in 2021. Now blockchains are infinitely scalable, some of them are faster than visa. SUI does like 27 million operations per second lol for example You also aren’t taking into account, the amount of institutions who just started building in crypto Look what swift and 7 largest firms in the world accomplished in August 2023 They sent Ethereum over swift, 2 years ago, and have been building since https://www.swift.com/news-events/press-releases/swift-unlocks-potential-tokenisation-successful-blockchain-experiments That’s been accelerating, 1000 institutions and 12000 banks, and a few governments joined the crypto industry over the past 2 years, it’s true price doesn’t reflect that Blockchain labs and the top financial firms in the world have been in DC every day this year helping Congress write the legislation and frameworks such as the Genius act so the big firms can have KYC aml compliant interoperability between their current systems and emerging crypto systems like Stablecoins and on chain lending ect

Ajfox1974

So, you must despise Nancy Pelosi and most of the Democrat Party, in fact the majority of Washington DC? Or, do you assume that all democrats are just damn good traders, better than Warren Buffet?

palacheenka

I'm not claiming Cardano is anti-gov. I'm saying it's open and permissionless. The point of a cryptocurrency is not to be anti gov/system. The point of it is to be open, have clearly defined rules and be accessible to anyone regardless of skin color, political view or the country the come from. If people think it's better money or store of value so be it. However, thinking that the gov will let their power, which they have over people through fiat money, go, is wishful thinking. How do you know what Charles is doing in DC? Maybe just maybe he's trying to influence the legislation to be written in a way that's good for broader crypto that meets certain requirements. There would be nothing wrong with that for as long as it would follow the principles and philosophy that I mentioned above. I'm an ada holder and to be honest, I wouldn't be too happy for the government to include ada into reserves. I'd rather see people owning as much ada as possible first and only see government to come in later because Cardano is PoS and people should have a saying in how the platform operates, not a government. But yeah, most of the people are usually quite shortsighted. They'll sell their freedom for a new car or a week at the beach. \> Your hard path is more due to Charles, who is so full of BS and struggles to execute. Struggles to execute? The chain has been up and running continuously for 8 years. It has an 100% uptime. There have been no hacks, no critical issues. Research took a lot of time and so did the implementation because they did it in a language that hasn't been as ready for the job as they thought it would be. They've even contributed heavily to the Haskell ecosystem while building Cardano because they had to develop tools they need for the job. So yes, the path was full of obstacles but the product that they've delivered is quite solid. If this debate is about whether Cardano is anti-gov or not then I misunderstood it. I see Cardano being about freedom.

MaximumStudent1839

> You're splitting hairs here. LOL. I gave you facts, not splitting hairs. Stop deflecting. > And Cardano is an open source, permissionless and decentralized blockchain. There is nothing special about that. Nearly every public chain claims it wants to be so. > it has taken the hard path Your hard path is more due to Charles, who is so full of BS and struggles to execute. > small lie that doesn't affect the outcome of what Cardano is, it is completely irrelevant in the big picture.  No, it is relevant at hand. Charles went to DC to lobby hard. So you can't claim Cardano is anti-govt/system as OP claimed.

Arra_B0919

Kinda feels like the first time DC is actually listening instead of just scolding. That’s progress.

BigDeezerrr

All these "I just got off the phone with my source in DC, and I'm shaking. You do NOT want to be short Bitcoin now" tweets are some kind of meme? If this "big announcement" was the worst kept secret in finance we wouldn't be sitting at $113k right now.

uncapchad

yeah that guy making some mad posts "i spoke to someone in DC and told them my secret and they agree it's big news".

illset

news coming out of DC tomorrow, will be good for BTC.

devCheckingIn

So while we're currently waiting in boredom mode, does anyone want to speculate about the "AMAZING, MASSIVE POLITICAL NEWS" regarding BTC that is (supposedly) coming out on Tuesday? X bros are talking about it, but I have no idea what they're talking about. I know Saylor and Tom Lee were in DC the other day lobbying for stuff.

RevolutionaryWay1827

I’m not! I look at how Degen, Moonwell and Aero ran last Q4 2024 and understand we’re deeper into the cycle top now and rate cuts are on the table and cautiously optimistic. The world is for sure shit. I work in Washington DC. Glad there’s still solid people like you dude

tomsmac

Just in case you haven’t heard, Michael Saylor and Tom Lee are in DC this afternoon with the intention of helping set up the Bitcoin Strategic Reserve. What a time to be alive and a HODLer.

-TheFirstPancake-

And If you really want to talk about electricity, I’d assume you’re talking about the technology that we use to produce and harness it. Which one we talking about here? Solar, wind, fossil fuel generators, nuclear, etc? That technology has also changed dramatically since we started trying to produce and harness it, by many different brands and corporations. DC, AC? You get the picture?

Upper_Inspector_9432

To be honest and from what I think it would be chadcoin, although if anyone else knows it and thinks it is not, let me know. 0x560DcFb035A6dc876aD426BDAf846Ea4DC6f6746 https://app.uniswap.org/explore/tokens/base/0x560dcfb035a6dc876ad426bdaf846ea4dc6f6746

Ancient-Stock-3261

Reg clarity is the real alpha here - if dev protections and a clean security vs commodity line make it in, you’ll see more US projects stick around instead of heading offshore. Until then, it’s just headline noise, so I’m watching committee markups over Twitter soundbites. Markets hate fog, and right now DC’s serving it heavy.

553l8008

https://imgur.com/a/DC4TqtH Where's the BNB gang at?

Significant_Bite3863

I work in the electrical field and have designed solar panel setups. However this was years ago so take it w a grain of salt. There’s poly crystalline, mono crystalline and one more I forget with varying efficiency ratings. I believe mono was the best at around 40% like you mentioned but it’s extremely expensive. Now there is so many issues with one of them being that for solar panels to actually give charge unless you are tapped into the grid you have to use batteries to store them and DC batteries have lifespans as well. Also solar panels itself have a lifespan. I can go and on about how bad they are and inefficient so bitcoins future being dependent on the worst source of energy in ur argument is ludicrous. Nuclear would be the solution and not even fueling it with uranium people are researching other minerals to use because it’s expensive and scarce and for btc to run on things like that so heavily is not looking bright

Sparky101101

Have you ever calculated the amount of power the traditional banking system uses because it’s not zero and could well be more than BTC mining consumes. Banks have a LOT of DC’s and there’s a LOT of banks worldwide.

CommunityCurrencyBot

/u/BoobindarPussia_, your wallet address has been successfully updated to 0x34DC3FC1dB87D5f84507a8236b005cB7c0C4Ba6A across all your records.

Alimakakos

Yeah the dude needs a ballroom, the inflation and wars and trade negotiations can wait! Get with the program....also sidenote we need military in DC so I can invite my petty insecure and rich buddies to dance with underage girls at said ballroom.

Ok_Boysenberry1038

LOL, yes kiddo, dictators are often criminals who commit terrible acts. Trump didn’t stop crime in DC, and that’s not why he’s a fascist. Glad I could clear that up for you Orange fan maaaad LMFAO

inShambles3749

Lmao - The only thing he stopped in DC is the traffic to local restaurants. Read a book and touch some grass. Sucking orange taco dicks isn't good for your brain.

Blooberino

I forget, did Trump legalize crime or is he a fascist dictator for stopping crime in DC? I can't keep up with regarded liberal talking points. >Orange man bad Reddit is a caricature of itself.

Unlikely-Pin9555

Most people who own stocks, real estate and other assets don’t own Bitcoin. That is why we are early. When they start shifting even a portion of retirement assets over. The demand will far outweigh the supply. I had dinner with some of my friends in Washington DC. Very successful people, (finance, lawyers, etc..) they thought “crypto” was a scam. They were complaining about inflation. We are very early amongst people who in ten years are going to wish they had some. Also I think that left leaning people are going to be left behind. They cannot separate their two realities that they think Trump is a grifter and that therefore Bitcoin is a scam. I think they feel like it is the same thing as a trump watch or sneakers. Stay humble, stack sats.

dataCollector42069

tbf DC crime went down hella fast and I hope my city gets some help too even though I dont like Trump. Dont like nearly getting robbed by homeless twice in one fucking day

GoldEdit

Doesn’t matter if all of them held, if a majority of people that bought back then were bad intentioned people then the vast majority today are as well. Look at Saylor, his company owns nearly 5% of all bitcoin and he’s been held civilly liable for accounting fraud and tax fraud, the largest case in DC History. Bitcoin attracts criminals and those that could care less about giving back to society.

polymath_uk

This is a somewhat irrelevant point, but I think we should be linking offshore windfarms with their own HVDC grid and then tapping off this for server farms / ai / datacentres / mining, using DC-DC conversion. Shortfall in wind can be provided by conventional PSUs from the existing AC grid.

Rino-Sensei

DCA What ? The price still did not pass it's own ATH ... In the same time frame BTC moved miles ahead ... DCA something that stay in the same range without showing sign of actual growth. You are DCA'ing to be break even with ETH ... That's what you are DC'ing here. ETH at the moment is coin to be bough low and sold around 4K. Until it actually show growth potential, it's just a ranging coin.

Emergency_Party2916

All that’s telling me is that it’s undervalued. Forget charts and look at the VALUE they provide. They were already displayed in the white house digital summit paper, major partnerships (swift,dtcc, Mastercard). If you lol at price you look at the wrong thing and that was told to me by a millionaire I met in DC. Stop asking price start asking VALUE. I can’t convince you to see value there if you don’t want to. But its price over the past years just proves it’s undervalued. If I had a diamond in my hand and I knew it was diamond but the world told me it was plastic. I would still believe it be diamond. Meaning shills don’t matter, doesn’t bother me just DYOR.

IgotnoideawhatIsay

I like Bitcoin. But that sounds a lot of effort to buy a small amount. I’ve DC’ed for a while, especially around 2022 and 2023. But I don’t have the money to buy more regularly. And when I do I rather use it to enjoy myself.

Slow_Train_6096

It’s what he’s not saying, that the fed take over of DC police is a strategic step towards coup.

Dragon_slayer1994

Yes totally agree. A big factor in S and P 500 maintaining a high P/E ratio is that DC pensions are now the norm and have constant buying pressure regardless of valuation.

TheCornReport

Right? weve been through a few of these already... Does everyone have amnesia or are we the old-guys now? Gonna be the same story. DC will posture and the new outlets will pump their nonsense. Then theyll print the problem away.

Lexsteel11

Yeah it needs its “Netscape moment” because like old people won’t manage their own encrypted keys and keeping it on exchanges is obviously bad. For me it’s the threat of quantum computers. I used to work in DC for a non-gov company and had drinks with a couple coworkers. One’s spouse works for a quantum company and the others spouse works in intelligence and they were talking about how many gov contracts there are for quantum companies and I was surprised because I thought every time a quantum computer scratches its ass it makes the news. Made me wonder if it’s further along than the media knows

Firm-Display359

Not really. By that I mean, how would one buy, exchange, store and spend bitcoin without banks being involved? Not for you or me or others who are relatively knowledgeable about bitcoin, but for an ordinary person (like a paralegal or food truck cook or a public school teacher)? People with kids are already stretched thin running back and forth to child care or soccer practice, the grocery store, laundry, etc.? People who can't place Washington DC on a map (like Miss South Carolina to Mario Lopez as I paraphrased in my response above)? Not engaging in negativity or argumentation for argumentation's sake, a genuine question. I see a lot of smoke and mirrors from many voices who support crypto, but not a lot of critical thinking.

danthropos

Most important first step is to learn as much as you possibly can. With knowledge will come conviction, and that conviction will allow you to sleep soundly at night with a commensurate (and growing) allocation. Begin with the Swan introductory videos (less than an hour total): #1 https://www.youtube.com/watch?v=sZvhLDWjD_I (14:55) #2 https://www.youtube.com/watch?v=g8AQutviHBM (11:19) #3 https://www.youtube.com/watch?v=B5sfV-iacNw (9:50) #4 https://www.youtube.com/watch?v=wZw5ldLzdu8 (9:37) #5 https://www.youtube.com/watch?v=MaXwCP0qvmE (7:52) #6 https://www.youtube.com/watch?v=DTk1MfNGwjk (4:33) Then tackle some books. Here is a list I like to give out arranged by category. Start with The Big Print or Broken Money. Or Inventing Bitcoin for an approachable technical introduction. Economic: [The Big Print](https://www.amazon.com/dp/B0DVTCVX8J) by Lawrence Lepard [Broken Money](https://www.amazon.com/Broken-Money-Financial-System-Failing-ebook/dp/B0CGNVNXK2) by Lyn Alden Philosophical: [Why Bitcoin?](https://tomerstrolight.medium.com/why-bitcoin-the-series-660fe20ec244) by Tomer Strolight [Resistance Money](https://www.amazon.com/Resistance-Money-Andrew-M-Bailey/dp/103277780X) by Bailey/Rettler/Warmke Socio-Political: [A Progressive's Case for Bitcoin](https://www.amazon.com/Progressives-Case-Bitcoin-Equitable-Peaceful/dp/B0C1J3DC2X) by Jason Maier [Check Your Financial Privilege](https://www.amazon.com/dp/B09V2NM9VJ) by Alex Gladstein Historical: [The Genesis Book](https://www.amazon.com/dp/B0CQLMQRH7) by Aaron van Wirdum [The Blocksize War](https://www.amazon.com/dp/B096CLR1SS) by Jonathan Bier Theological: [Thank God for Bitcoin](https://www.amazon.com/Thank-God-Bitcoin-Corruption-Redemption/dp/1641991216) by Various [The Gospel According to Bitcoin](https://www.amazon.com/Gospel-According-Bitcoin-21-Meditations/dp/B0DR3QLF41) by Sherman/Bush Technical: [Inventing Bitcoin](https://www.amazon.com/dp/1794326316) by Yan Pritzker [Mastering Bitcoin](https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1098150090) by Andreas Antonopoulos

No_Song_8952

HBAR and Kaspa…. Backing in hashgraph and blockDAG’s as the next stage of crypto technology that improves from the blockchain tech. Like Thomas Edison’s DC power eventually getting toppled by Nikola Tesla’s AC power in the electricity industry.

CommunityCurrencyBot

/u/redditbagjuice, your wallet address has been successfully updated to 0x2E44ac0EF3F662e9b3Eeb8d2C85DC377fCdeD430 across all your records.

excelance

Huh? You're saying government waste only occurs under republicans? Newsflash, 99% of DC doesn't give shit about your money, and the extremely few that do are Republican's.

Ok-Study420

0x52120188384761DC7BB8a5986a187B364ee9727f

BigPlayCrypto

Yes with no other thoughts about it. Then I would use the free cash to buy it all back at DC lower then what I sold it for corrections are inevitable!

Gotmewrongang

Yeah in my early 40s now and the body already is breaking down a bit. That combined with the madness going on in DC is a bit overwhelming….

ArkansasGamerSpaz

>> Wall Street Wall Street is a crime scene. The criminals? ARE IN WASHINGTON DC. THEY are responsible for 2008.

DingDongWhoDis

If you think there's a disconnect between Algorand Technologies & Fiat chain, you're sorely mistaken https://x.com/BaronofLoxley/status/1944274737359991220 See March 11th Meanwhile, Silvio is in DC right now. But none of this is definitive, Iknow, so you can keep pushing your narrative.

SmileOk1306

🤔didn't he say he had a Deadman switch that would release damning info on half of DC?

Any_Board9706

All amazing projects! $LOOBY is the one project that I am most looking forward to. With Stephen Bliss as the developer (the guy who made the OG art for GTA games & art for DC Comics) I cant wait to see what we will achieve! Hand drawn comics, NFT’s and much much more coming! 👊🏽

Any_Board9706

All amazing projects! $LOOBY is the one project that I am most looking forward to. With Stephen Bliss as the developer (the guy who made the OG art for GTA games & art for DC Comics) I cant wait to see what we will achieve! Hand drawn comics, NFT’s and much much more coming! 👊🏽

Buggg-

BTC will never pay off the U.S. debt. The morons in DC will just borrow more against the value of the holding since there is no way to sell it without dropping the value of BTC. The U.S. debt will just continue to climb regardless of how much bitcoin they hold.

reversenotation

Oh well at least it isn't AC DC

Reddit_Regards

Now some 30-something quirk chungus can afford to throw another pointless gala to rub elbows with DC politicians while getting paid a 250k salary, thank you vitalik

Reddit_Regards

"I need to sell a few million dollars worth of ethereum to host this gala event where I can rub elbows with DC elite. I also need to pay my $250,000/yr salary, a girl's gotta eat too you know"

shredyeti

Arculus wins in basically every category. Super secure 3 factor authentication,and it’s a metal card with a chip that doesn’t need to be charged all the time. The user interface is easy to learn and works pretty damn well. You can get 20% off with DC20 so it will run you about $80

cryptoripto123

I think the definition needs some clarification. Low income is just a technical definition. It means less than 80% of median. It means you're at the 40th percentile of income basically. What it shows is the median income in San Francisco is actually quite high, much higher than people recognize, but I'd argue it's not really just San Francisco that's expensive. Major cities like Seattle, Los Angeles, San Diego, etc are all expensive. The same goes with East Coast cities like NYC, Boston, Washington DC. $120k is a decent amount of money. It's enough to rent and live in the SF Bay Area. You won't be able to buy a home or raise kids, but you can more than sufficiently live in an apartment in the city, and even take a vacation or two a year, although it won't be a life of luxury.

Acceptable-Take20

How about spend less. If I want to be charitable, that’s my choice, not DC’s

Nice_Collection5400

The monkey business in DC will help

jdizzle512

Chainlink bought the domain name smartcontract.com before smart contracts existed. It’s been at the pioneering forefront of all of this. It’s understood the long game since before anyone else. By a long shot. It won the swift hackathon in 2016 and it’s been in active development with swift ever since. Nowadays Sergey spends all his days in Washington DC in meetings with the top financial roles of government. In the words of Sergey “swift, euroclear, dtcc, fidelity, Chainlink already won.” Xrp has never been the first or best at anything except marketing

johnwick3

Trump probably does love the country but his primary reason for seeking the presidency is clearly ego. Basically if you're into politics in any meaningful way in 2025 you're just rooting for sports teams. There are very few long term people congress that aren't there for themselves and the majority of people in the halls of power of DC are exhibiting psychopathic/sociopathic tendencies regardless of alleged political affiliation.

excelance

Agree 100%. It's sad that the US is moving more and more power to DC, and to the president.

scottonfire

Stable coins are CB/DC's trojan horse

coinfeeds-bot

tldr; Fundstrat's Tom Lee suggests that President Trump's trade war is nearing its end as courts rule against White House tariffs. Recent rulings by the international trade court and DC District Court have declared some tariffs illegal, though temporary stays have reinstated them. Lee believes the White House is losing leverage and may seek an exit strategy. He also notes improved investment outlook for stocks due to increased tariff visibility and other factors like tax and deregulation clarity. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

MarkoDavido

I hope it does come in. Will be a great advert for bitcoin and how there's a better DC that they can't take from you.

inShambles3749

The tense is wrong. "Digital Corruption has taken over DC" is the correct headline

WHALE_PHYSICIST

I had a call once from the "Treasury Bureau" saying that they had a check for me for $1200. I asked where they were based and he said Washington DC. I said hey Im gonna be in there next week for business, so I'll just swing by and pick up the check. The conversation ended with the guy saying "fuck you buddy" and hanging up.

Timely_Trouble8258

Without a doubt, Chainlink is the answer. Its not a get rich quick coin. Chainlink is the future of finance. Look into them. Dont just believe reddit people. They're literally in DC writing the regulations on crypto for the government. If you buy it, it will change your life

No-Artichoke3210

Your DC is 88k, plus how long did it take you to acquire .14? Took me years lol. 3k profit is chump change, hodl. I used to dip and flip last 7 yrs taking some profits here and there, then rebuying…but I stopped 6mths ago and been in stack mode. That 3k would cost you 30k when it goes to 1mil. Go to steak and shake to throw some sats into circulation instead , then buy more sats.

shredyeti

Pretty much all centralized exchanges have fees, I wouldn’t worry about it too much. It’s somewhere around 2% if I remember correctly. If you are going to hold for 10 years, do yourself a favor and look into self custody- Arculus is one of the best out there, and you can get 20% off with code DC20. Start a weekly buy, keep it going, and don’t sell to pay bills or anything. Also check out Discover Crypto on YouTube, they have daily shows with a ton of great info.

MatchboxVader22

“Some day a 6 figure salary will be considered broke.” Sadly, this is already true in certain cities. A 100k salary won’t cut it for a family in somewhere like NYC, DC or SF these days.

wiredmagazine

Ten days from now, 220 crypto investors will sit down to a lavish three-course dinner and enjoy “stunning views of the Potomac river” with US president Donald Trump at his 800-acre golf club in Washington DC. To earn an invitation, all they had to do was buy a boatload of the president’s personal crypto coin. The dinner was announced on April 23 by CIC Digital LLC and Fight Fight Fight LLC, subsidiaries of a conglomerate owned by Trump, which together control 80 percent of the TRUMP coin supply. They [pitched it](https://gettrumpmemes.com/) as “the most exclusive invitation in the world,” giving lucky attendees the opportunity to “hear first-hand president Trump talk about the future of crypto.” The attendees were selected based on who had spent the most on TRUMP and held their coins the longest between the announcement date and the deadline at 1:30pm ET today. The identities of the investors who vied for a place are concealed behind leaderboard usernames and alphanumeric crypto wallet addresses. Since launch, critics have cast the TRUMP memecoin as an unethical “[money-grab](https://www.wired.com/story/the-trump-memecoins-money-grab-economics/)”—an abuse of Trump’s office for the sake of self-enrichment. They have also expressed concern that the coin could be used to discreetly transfer wealth to the Trump family. By making a large investment and driving up the price of the coin, foreign powers and other politically-motivated actors could try to curry favor with the president, the argument goes. Read more: [https://www.wired.com/story/trumpcoin-dinner-ticket-bidding/](https://www.wired.com/story/trumpcoin-dinner-ticket-bidding/)

wiredmagazine

Ten days from now, 220 crypto investors will sit down to a lavish three-course dinner and enjoy “stunning views of the Potomac river” with US president Donald Trump at his 800-acre golf club in Washington DC. To earn an invitation, all they had to do was buy a boatload of the president’s personal crypto coin. The dinner was announced on April 23 by CIC Digital LLC and Fight Fight Fight LLC, subsidiaries of a conglomerate owned by Trump, which together control 80 percent of the TRUMP coin supply. They [pitched it](https://gettrumpmemes.com/) as “the most exclusive invitation in the world,” giving lucky attendees the opportunity to “hear first-hand president Trump talk about the future of crypto.” The attendees were selected based on who had spent the most on TRUMP and held their coins the longest between the announcement date and the deadline at 1:30pm ET today. The identities of the investors who vied for a place are concealed behind leaderboard usernames and alphanumeric crypto wallet addresses. Since launch, critics have cast the TRUMP memecoin as an unethical “[money-grab](https://www.wired.com/story/the-trump-memecoins-money-grab-economics/)”—an abuse of Trump’s office for the sake of self-enrichment. They have also expressed concern that the coin could be used to discreetly transfer wealth to the Trump family. By making a large investment and driving up the price of the coin, foreign powers and other politically-motivated actors could try to curry favor with the president, the argument goes. Read more: [https://www.wired.com/story/trumpcoin-dinner-ticket-bidding/](https://www.wired.com/story/trumpcoin-dinner-ticket-bidding/)

Timely_Trouble8258

Chainlink. Look up what they are doing right now. Been in DC all year helping write the regulations for crypto. Working with dtcc and swift. It's the future of finance. Just look into it, dont just take my word on it. Goes from everyone else who reads this comment.

Scarecrow4980

10 am washington DC time

HeavyRightFoot89

It's a great hedge for blue states to protect their economy against DC destroying the dollar against their will.

SoftwareSource

Either that or a hexadecimal private key on the back. This is how it looks like (example from the bitcoin wiki) E9873D79C6D87DC0FB6A5778633389_SAMPLE_PRIVATE_KEY_DO_NOT_IMPORT_F4453213303DA61F20BD67FC233AA33262E9873D79C6D87DC0FB6A5778633389_SAMPLE_PRIVATE_KEY_DO_NOT_IMPORT_F4453213303DA61F20BD67FC233AA33262

TelevisionAlive9348

Aren't most bitcoin holders just sitting on it, anticipating some massive price run up? The eventual outcome of sitting on it is that they will lose it. This happens when people opt out and stop using and adopting bitcoin. Google the story of Washington DC babysitting coop. Bitcoin can and should only exist in parallel with fiat and be useful in certain cases. For example, one way to value bitcoin was assuming it being the currency for underground illicit economy. I don't know what the eventual use cases for bitcoin would be. But it is simply not feasible for it to become the global currency and replace fiat.

harvested

History? Well if they were bitcoiners many of them would be considered OGs. That's how long they've been in this. But yes every post is pure hopium that everything is going to imminently fail. They are still spreading the same 2017 headlines, oblivious to what is happening in the real world. They still think stablecoins are fake, despite being everything going on in DC lately.

Romanizer

Recently met with Trump, maybe got some green light for this in exchange for his prison services. IMF will not do anything as their central office is in Washington DC.

NoMasterpieceArt

With that kind of leap, 1.5 or 3 million would take a few years, so don't sell if that occurs. Buy bitcoin and spread the hate thin. Keep pressing governments to have a very small bitcoin reserve. Any small government is best past 1965. It's overdue. Following-the-money is the transparent and directed philosophy of bitcoin and the world needs it. Badly. Humanity's memory has been annihilated too many times. Help end convenient amnesia and repressive ways while being strong to handle clearer truths. Next, a more perfect union may surprise. Occupy Wall Street put bitcoin on the map after a Washington-DC-Wall-Street bailed-out banks and printed more dollars. Some panicked and only thought of themselves. Many suffered. Bitcoin being in US interests has been difficult and tricky plus there's plenty of liars, who need reality checks not bonus checks. Some, believe they can change your tides. Flood their lies by using bitcoin. Don't ever sell the farm, and have a diverse portfolio. Humanity may not need 'fast' anymore, if wanting to be more intelligent using working hearts to fuel minds, while modeling technology with nature. Comfort is to bring strength, not to sap strength. Boring bitcoin is wise, free and a brave way. Make bitcoin The way and pay attention.

mattlaslo

Washington, DC trying to catch up!

ColeCT42

Ecomi $OMI is the best play. ⭕️🚀🌗 They are working with the world’s biggest brands like Marvel, DC, Disney, Lamborghini, Coca Cola and many more. Totally under the radar project atm 🔥🚀 On their app called VeVe - you can buy Officially licensed limited edition NFTs. For example the First Appearance of Superman on the blockchain. ✅

SkaldCrypto

This isn’t happening. I was in DC for the announcement of the crypto reserve. # budget neutral strategies For those not paying attention, they are not *buying* anything. What they are doing is keeping confiscated bitcoin or keeping Bitcoin people use to pay taxes as a reserve, instead of selling it.

TheDopeMan_

600 Pennsylvania Ave., NW, Washington, DC 20580

Previous_Basil

No, and I’m not engaging in a strawman argument with you. You clearly have no real understanding of how the world economy works, and more importantly, how people work, regardless of citizenship. And I have a full understanding of exactly how corrupt and greedy all governments are, including ours in the US, which are some of the most corrupt politicians in the entire world. They could nuke DC tomorrow and I would throw a party. What you are failing to understand is the notion of mutually assured destruction. If the government begins just OPENLY seizing people’s money/ETF’s bitcoins, its populace will absolutely revolt and that’s not even a question.

Nightmare_Tonic

They'd hang every black person in DC

PurgatoryEmployee69

Sorry that’s me. I live at 1600 Pennsylvania Ave NW Washington, DC 20500 United States

Zarkanthrex

I never thought i'd see a portfolio that I was doing better than. I just DC as well...

No-Cartoonist9256

Not as long as you think they built an Amazon DC by me in 6 months operational in 9 so not that long.

harvested

I was listening to the latest WBD pod at the gym, at the start they're chatting about the bitcoin bill, how the plan was asking for something crazy (1m coin) , then settle for 300K or something... But they said with everything that's happened in DC so far, the bill will probably pass as is. Would be a smart move for USA.

DreamingTooLong

I live in Michigan with 400mbps cable internet, I set my NordVPN IP to Washington DC area

Jehoseph

Nayib doesn't have a history of schemes. He seems sound around crypto adoption. I get Trump is a loose cannon, and this may not be the only DC meeting that takes place w/ El Salvador.

robotwizard_9009

Fun fact, after sbf met with gensler, sbf created a lobbying group that flew to DC multiple times a week to try to take crypto away from SEC jurisdiction and give it to the cftc. In fact, cftc was about to give ftx full control of our commodities markets, weeks before it crumbled... they almost crashed our markets. https://youtu.be/s7oN3qMBAP0?si=Apv21up59L9CRZvA Then every crypto firm and their news agencies and social bots repeated the same anti-sec anti-gensler bs propoganda. Now that gop won the house and executive, guess what is happening... they've effectively deemed crypto crime is legal and that retail is unprotected. Another fun fact, sbf also paid off republicans with his "lobbying", except he admitted that it was done illegally through dark channels so nobody would know. His partner, Rian Salame got busted for this. Funny how the crypto owned news sites didn't mention it.