Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It is Sunday March 2nd, and that means it's time for Long Read Sunday.

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bit.ly slash breakdown pod. Hello, friends. Welcome back to another long reads episode of The Breakdown.

Today, we're going to do two shorter pieces with a little bit of analysis.

They actually are not all that connected.

They both roughly have to do with Trump's policies.

But we're going to read one that I sort of disagree with, although appreciate it being put

out there into the wild, and one that I'm a little bit more inlined with. The first one is by Robin Singh, who's the founder and CEO of

Coimley, which is a crypto tax platform. That is definitely relevant in this case as his arguments

come out of his own experience, and his piece is controversially perhaps called why Trump's

potential plan to make crypto gains tax-free

could be a bad idea. The elimination of capital gains taxes on crypto might not be the huge

boon to American investors that it would appear to be. So I'm going to turn it over to the AI

me to read this, and then we will come back and discuss it. In January, following Donald Trump's

inauguration, reports emerged claiming that his son,

Eric Trump, had confirmed that U.S.-based cryptocurrencies would eventually be exempt from capital

gains tax, while non-U.S.-based cryptocurrencies would face a 30% tax. The elimination of capital

gains taxes on U.S.-based cryptocurrencies might sound like a dream come true for American investors,

...