The Trump Family Just ENDED Crypto.
Watch on YouTube ↗  |  February 05, 2026 at 18:34 UTC  |  21:19  |  Thread Guy
Speakers
Host — Crypto Analyst / Commentator

Summary

  • Context: The date is February 2026. The commentary is a retrospective analysis of the first year of Donald Trump's second term (2025-2026).
  • The Core Thesis: The "Trump Trade" for crypto was a failure. Despite promises of a Strategic Bitcoin Reserve, Bitcoin price is lower in Feb 2026 than it was on Election Day 2024.
  • The "Grift" Dynamic: The Trump family utilized the presidency to launch "extraction vehicles" (memecoins and DeFi protocols like World Liberty Financial) rather than fostering genuine adoption, causing "unfixable damage" to the asset class's reputation.
  • The Silver Lining: While price action is poor, regulatory clarity was achieved via the "Genius Act" and the resignation of Gary Gensler, driven by "Crypto Czar" David Sacks.
Trade Ideas
Ticker Direction Speaker Thesis Time
LONG The "Genius Act" passed, "basically allowing stablecoins compliance and guidelines on how to operate being legal in the United States." The era of "gray area" is over. The removal of Gary Gensler and the passing of the Genius Act creates a moat for compliant, US-domiciled stablecoin issuers and exchanges. The "wild west" is dead; the "regulated rails" are open. LONG. This is the only structural win mentioned in the video. Continued reputational damage to the broader sector dampening adoption.
BTC
AVOID "Bitcoin is now lower than when Trump was first elected... I think he's done unfixable damage to the narrative of Bitcoin." The promised Strategic Bitcoin Reserve was a "nothing burger" (just holding seized assets, not buying new ones). The bullish thesis for Bitcoin relied on the "US Government Bid" and institutional legitimacy. Trump turned the narrative into a "grift" and a proxy for his personal brand rather than a sovereign store of value. Without the sovereign buy-pressure, the primary catalyst is dead. AVOID. The narrative is "tainted." The speaker admits if Bitcoin "legs up to 100K tomorrow," this thesis is invalidated, but currently, the trend is broken. 0:01
SOL
LONG David Sacks was appointed "Crypto Czar" and is credited with passing the "Genius Act." The host notes, "I think he's an investor in Solana." While the Trump family is extracting value via scams, David Sacks is the actual operator passing legislation. If the architect of US crypto policy is a known Solana bull/investor, regulatory tailwinds will disproportionately favor the SOL ecosystem over others. LONG. Sacks is described as the industry's "bright spot." General market beta drag if Bitcoin continues to drop.
AVOID World Liberty Financial (WLFI) is described as an "extraction vehicle" where 75% of revenue goes to Trump. A 49% stake was sold to Abu Dhabi royalty for $500M as a way to "buy political influence." The chart is "down only." These assets are not financial products; they are vehicles for foreign lobbying and insider liquidation. There is no organic demand, only political utility for foreign actors and exit liquidity for the Trump family. AVOID. The host explicitly calls this the moment "onchain died." None stated; the sentiment is universally negative.