Pro-Trump Techies, angry cry-reserve plan, causing an early gap

The Trump-Tech Alliance shows its first true sign. And it’s from the cry.

President Donald Trump counted on kryptus -the utilities and investors for most of it 2024 Company funds. He promised to reward them beautifully when selected by reducing the rules and turn USA in “krypto -planet and bitcoin Over -state of the world. “

The president started a quick start by signing Executive order Call to create a working group on digital assets and darl The creator of the silk road grew Ulbricht. SEC too dive its perennial probe in Base.

While these moves were approved by the most vocal technicians who supported Trump’s candidacy, the president made it a step too far last weekend. In a Sunday report on the truth social Trump announced Create a strategic crypto -correspondent For the US that will include not only bitcoin but also several other digital currencies – air. XRPSolana Salt Token and Cardan Ada.

For the most part, the Cryptus -Trump’s seekers wanted the strategic reserve of bitcoin. Such a step will entail the use of Bitcoin available for buying, which widely views crystal enthusiasts as a reasonable way to deploy capital in a decentralized currency, which is an alternative to hard money. As CEO Coinbase Brian Armstrong wrote On X Bitcoin offers “a clear story as a successor of gold”.

Critics, going beyond Bitcoin, Trump will use taxpayer money in the US to acquire much more risky assets that have unproven value and have the potential to increase the net value of several selected investors who own coins. This is the more problematic for those who want to spend on trillion dollars in support Elon Musk Mission to reduce costs in the so -called government efficiency department.

“Taxation is the theft,” Joe Lonsdale wrote, founder of the 8VC venture firm and a fan of Trump, in A, Message on x. “It should be minimized. It is wrong to steal my money to the vultures on the left; also incorrectly taxes me by the cry -sir.”

David Sax, Venture Capitalist who was flash Trump, to become artificial intelligence of the White House and Krypto, made an exception from the comments of Lonsdale, believing that it was premature to go to any conclusions. Sacks and Lonsdale are part of the same conservative circle in the world of technology, and in the center of Musk and Peter Til.

“No one has announced a tax or cost program” – Saxi wroteIn response to Lonsdail’s message. “You may have to wait to find out what is actually offered.”

The White House did not respond to a comment request.

But Lonsdale was far from one.

Military -Marsh turnip, long -standing technological investor and early crypto -evangelist, wrote Following the announcement that “the US taxpayer should not be a liquidity for cryptocurrencies that are decentralized only in the name.” And Winnie Lingham, Creator Blockchain Startup Civic and Big Crypto -Up, wrote“Call me the older, but I don’t think the government must pump our crypto -tax payers while we carry out almost 2 years.”

“I have nothing against XRP, SOL or ADA, but I don’t think they are suitable for the strategic reserve” wrote. “Only one digital asset in the world now meets with a bar, and this digital asset is Bitcoin.”

David Marcus, a former leader from the unsuccessful Facebook project, suggested that most of his peers in the cry -community had the same look.

“Most if not all of the confinaling leaders of the industry agree on this,” Markus wrote, rearranging the Winklevoss comment.

Marcus, which is now the CEO of the LightPark Payment Infrastructure, Announced in July that he “crossed Rubicon” and endured the support of Trump and to the Democrats.

Anthony Pumped, Loud Pro-Trump in Krypto Investing, at one time made in his more than 1500 words budget on Monday to the topic. He says Trump is ready to offer the agenda of buying risky tokens on behalf of the US because the wrong people got to it.

“We watched the crypto projects, lobbyists and special interest groups, co-opts the US president,” Pamplana wrote. “They told the president that any reserve associated with the crystand should contain tokens that were” made in America.

Some of the anger on the Internet were sent specifically on Sacks, which advertised and supported various cryptocurrencies as VC before joining Trump administration, and whose firm, Craft Ventures, is an investor in the CRYPTO Index Fund Slightly.

Sax wrote in Message on x that he sold all his cry, including Bitcoin, Ether and Sol before taking on a new role and “provide update at the end of the ethics process.”

By the end of Monday’s day prices on the crystall set dramatic reversal From their weekend, then after Trump’s announcement. Bitcoin decreased by approximately 9%and the air decreased by 15%. XRP and SOL fell even more.

The slide appeared tied to the confirmation of Trump’s upcoming tariffs that killed risky assets across the board and sent NASDAQ to almost 3% when closing the bidding.

Crypto had several votes that were less willing to publicly dissolve with Trump’s backup.

Michael Saillar, Chairman StrategyWhich actually appeared as a proxy -bitcoin of approximately $ 43 billion, CNBC said on Monday that it was not surprised by Trump’s decision to include additional cryptocurrencies.

“There is no way to interpret this, besides, for Bitcoin and Bull for the entire American crypt industry,” said Saillar. “I believe that the best for the country is to move forward with the enlightened progressive policy to digital assets.”

Jonathan Johim, Head of the Politics and Government Department in Kraken, said CNBC that the exchange of crypt is “recommended to see this announcement” and that he shows that the president “remains a true obligation”.

Even among the skeptics, Trump does not seem to lose wider support for his agenda only. Fans such as Lonsdale quickly posted about other issues, supplementing the actions of the Minister of Defense Pete Hegset and Trump for pressure on Mexican drug cartels.

But when you come only six weeks to the second Trump administration, the reaction shows how fast the indignation machine can activate if the proposal affects the nerve of the critical group of supporters. Discussion adds interest in the first crypto -sympathy in Trump’s White House on Friday, when investors are looking forward to more details.

As Sachi wrote on Sunday, in it The first post About the announcement of the strategic reserve “Moreover to come to the summit”.