Today’s show: Trump just floated the idea of a U.S. Crypto Reserve, suggesting a 10 bips transaction tax and naming unexpected altcoins like XRP, Solana, and Cardano. Jason and Alex break down what this means for crypto markets, regulation, and startups—plus the legal and political fallout. Is this a game-changer or just another pump-and-dump controversy?

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Timestamps:

(0:00) Alex and Jason kick of the show!(1:48) Trump's crypto policy and PR strategy(7:14) Analysis of Trump's proposed US crypto reserve

(10:21) Gusto. Get three months free when you run your first payroll at http://gusto.com/twist(11:32) Predictions on legal challenges to Trump's crypto proposal(12:08) Industry reactions to the crypto tax proposal

(20:27) OpenPhone. Get 20% off your first six months at https://www.openphone.com/twist⁠(22:26) Crypto report around market hours and Eric Trump's tweet(24:13) Predictions on Trump's future crypto policies and inflation impact(27:10) Trump's Truth Social and Crypto Investments dynamics(30:48) LinkedIn Jobs. Post your first job for free at https://www.linkedin.com/twist(31:05) Jason's alternative idea for a crypto tax(36:40) Ramp's funding and fintech sector growth(41:02) Discussion on investment performance and Jason's ETF idea(46:42) Challenges companies face with public offerings and market fairness(50:14) Potential CoreWeave IPO and high CapEx costs(54:39) Founder Hack from Matt Turck(57:12) Exploring hybrid business models

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Links from the episode:

Check out Angel University: https://www.angel.university/Check out the JCal Case Study at Stanford Business: https://www.gsb.stanford.edu/faculty-research/case-studies/jason-calacanis-case-study-creating-resourcesCheck out Arduino: https://www.arduino.cc/Check out Ramp: https://ramp.com/

Check out Coreweave: https://www.coreweave.com/

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LinkedIn: https://www.linkedin.com/in/jasoncalacanis

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Thank you to our partners:

(10:21) Gusto. Get three months free when you run your first payroll at http://gusto.com/twist(20:27) OpenPhone. Get 20% off your first six months at https://www.openphone.com/twist⁠(30:48) LinkedIn Jobs. Post your first job for free at https://www.linkedin.com/twist

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Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

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