Joe Lonsdale on 'Crypto Reserve' Bait & Switch: "Government shouldn't be picking Winners & Losers!"

6 months ago
120

Joe Lonsdale, Palantir co-founder and 8VC founding partner, joins 'Squawk Box' to discuss why he's against the idea of a Crypto Reserve that was originally pitched as a Bitcoin Reserve. Also discussed: the gutting of USAID, DOGE's spending cuts, the contentious White House meeting between President Trump and Ukrainian President Zelenskyy, and more.

Trump has apparently been told he messed up big time here with the "Crypto Reserve" announcement (obviously Eric Trump's handiwork). Howard Lutnick says the Trump admin will make a clarification this Friday, 3/7/2025, on how Bitcoin will be treated very differently than these other shitcoins.
https://www.theblock.co/post/344689/bitcoin-to-be-treated-differently-from-altcoins-in-us-crypto-reserve-says-howard-lutnick-report

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