Mon. 03/03 – A National Crypto Reserve?
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4.7 • 984 Ratings
🗓️ 3 March 2025
⏱️ 18 minutes
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Summary
Maybe we really will be getting that national crypto reserve after all. TSMC doubles down on manufacturing in the US. Return to the office is one thing, but Sergey Brin things RTO could lead to AGI, at least at Google. And Mark Gurman says there is an AI crisis inside Apple.
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Links:
- Donald Trump Names Components Of Crypto Reserve (CoinDesk)
- Trump, Chip Maker TSMC Expected to Announce $100 Billion Investment in U.S. (WSJ)
- Google’s Gemini now lets you ask questions using videos and what’s on your screen (TechCrunch)
- Google’s Sergey Brin Urges Workers to the Office ‘at Least’ Every Weekday (NYTimes)
- Peter Thiel-backed fintech Ramp nearly doubles valuation to $13bn (Financial Times)
- Apple’s Artificial Intelligence Efforts Reach a Make-or-Break Point (Bloomberg)
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Transcript
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| 0:00.0 | Welcome to the TechMeme right home from Monday, March 3rd, 2025. I'm Brian McCullough today. Maybe we |
| 0:09.1 | really will be getting that National Crypto Reserve after all. TSM doubles down on manufacturing |
| 0:14.4 | in the U.S. Return to the office is one thing, but Sergey Brin thinks RTO could lead to AGI, |
| 0:20.0 | at least at Google, and Mark |
| 0:21.6 | German says there is an AI crisis inside Apple. Here's what you miss today in the world of tech. |
| 0:33.2 | Well, might we get that U.S. government national crypto reserve after all? President Trump has named |
| 0:38.7 | Bitcoin, Ethereum, XRP, Salana, and Cardano as assets to be included in a strategic U.S. |
| 0:43.9 | Crypto Reserve, causing significant price surges across crypto, quoting Coin desk. Notably, Trump did not |
| 0:50.7 | initially mention Bitcoin or Ethereum, the two largest cryptocurrencies by market |
| 0:55.1 | capitalization in his statement, but he later clarified that the reserve would include these assets |
| 1:00.3 | as well. Trump made the announcements on Truth Social, his social media platform. |
| 1:04.6 | A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by |
| 1:08.9 | the Biden administration, which is why my executive order on digital assets directed the presidential working group to move forward on a |
| 1:15.2 | crypto strategic reserve that includes XRP, SOL, and ADA, Trump stated. I will make sure the U.S. |
| 1:21.9 | is the crypto capital of the world. We are making America great again. Following Trump's initial |
| 1:26.1 | announcement, XRP, Seoul, and ADA |
| 1:28.3 | experienced significant price searches. The price of ADA stored by more than 63% within two |
| 1:33.4 | hours after the president's post, while Solana increased by 23% and XRP by 32%. While fans of |
| 1:40.0 | XRP ADA and Solana celebrated the news. Some Bitcoin and ETH fans initially responded with |
| 1:45.9 | a mixture of disappointment and surprise. Around an hour after his initial post, the president |
| 1:50.0 | clarified that BTC and ETH as other available cryptocurrencies will be at the heart of the |
| 1:55.6 | reserve, end quote. And quoting CNBC, Trump is hosting the first White House crypto summit |
... |
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