President Trump's Crypto Czar, David Sacks, stated in his speech that the administration will evaluate the idea of a Bitcoin Reserve. BTC immediately tanked lower. This isn’t news for us. The administration made it clear months ago that they would assess this possibility. Yet, Bitcoin maxis, lost in their own hype, twisted the statement into a confirmation that a Bitcoin Reserve was being launched—pure fiction. As I’ve said from the start, this delusion and shared hopium based on baseless wishful thinking is more harmful than beneficial. During the last bubble, maxis falsely claimed that Apple, Microsoft, Amazon, and others had bought into BTC to pump prices. But when the truth came out, the market tanked. This feels symbolic of what's happening now. Here's Why Bitcoin Tanked Over -5%: - For weeks, Bitcoin maxis falsely claimed the Trump Administration had already launched a Bitcoin-Only Reserve. This news confirming mere evaluation crushed that narrative. - Maxis, led by Michael Saylor, made up this idea that Trump bought BTC in early January. We were one of the only pages that revealed it to be fake. The tokens, which are not controlled by Trump, were also WBTC, an Ethereum-based token. They've since all been sold. This revelation further undermines their claims. - "Evaluating" is nowhere near adopting, and anyone who actually researches Bitcoin knows its fundamental weaknesses and inflated valuation. Maxis thrive on blind speculation—this all but guarantees there won’t be a Bitcoin Reserve, hence the sell-off.