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 Monday, March 3rd, and you better believe we're talking about the U.S. Crypto Strategic Reserve that was announced yesterday.

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All right, friends, well, we have a spicy one today. I'd like to start with a tweet from Travis Kling,

which I think just perfectly encapsulates this moment. He wrote this morning,

still trying to wrap my head around how Trump has managed to piss off nearly everyone in crypto

with his quote-unquote support

for crypto. LMAO, it's amazing. So today, of course, we are talking about the strategic

crypto reserve. On Sunday morning, in a message on truth social that I 100% assumed had to be

AI when I saw it reshared elsewhere, Trump posted, a U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks

by the Biden administration, which is why my executive order on digital assets directed

the presidential working group to move forward on a crypto strategic reserve that includes

XRP, Solana, and Cardano. I will make sure the U.S. is the crypto capital of the world.

We are making America great again. And yes, that was the real message, XRP, Salana, and Cardano.

Now, after almost two hours of crypto Twitter losing their minds at the obvious omissions,

he circled back to add, and obviously Bitcoin and Eith has other valuable cryptocurrencies their minds at the obvious omissions, he circled back to add, and

obviously Bitcoin and ETH has other valuable cryptocurrencies will be at the heart of the reserve.

I also love Bitcoin and Ethereum. Markets, of course, loved it. The entire market put in a

god candle, with total crypto market cap rising 11% in the space of a few hours. Bitcoin was up

around 8% after a $10,000 jump, but the named alt coins went

...