United States President Donald Trump will host first-ever crypto summit on Friday, March 7, the White House said in a statement. The event will be held at the White House and “attendees will include prominent founders, CEOs, and investors from the crypto industry, as well as members of the President’s Working Group on Digital Assets. The summit will be chaired by A.I. and Crypto Czar David Sachs,” the statement read. It was further stated that “the administration is committed to providing a clear regulatory framework, enabling innovation, and protecting economic liberty.”
Nick Note this Bitcoin Love Fest is a non-event. The market knows that Bitcoin Market is in serious trouble. There’s a great deal of selling pressure and this is a publicity stunt to shore up the market. They’re not going to deal with the real issues and that is the vulnerability of Bitcoin to quantum computer attack on its encryption. they’re not dealing with the fact that Bitcoin is not a currency does not have a reserve and doesn’t have sufficient cash backing in the event of runs on the bitcoins bubble. I regard this coming event and the rally I hope we get in Bitcoins as a selling operation so we can begin shirting operations
