Cause…

https://www.coindesk.com/policy/2025/03/02/trump-to-establish-u-s-crypto-reserve

Donald Trump Names XRP, SOL, ADA, BTC and ETH as Part of U.S. Crypto Reserve

U.S. President Donald Trump named XRP, Solana (SOL) and Cardano (ADA) as three assets to be included in a U.S. strategic crypto reserve on Sunday, providing the first details about what such a reserve may look like.

...Effect?

https://www.theblock.co/post/344105/trader-makes-7-million-in-one-day-going-50x-long-bitcoin-ether-ahead-of-trumps-crypto-reserve-announcement

Trader makes $7 million in one day going 50x long bitcoin, ether ahead of Trump's crypto reserve announcement

… The trader deposited about $5.6 million USDC to Hyperliquid, blockchain data show, using the funds to create large 50x leverage long positions on bitcoin and ether. The use of leverage brought his total position to a total value of over $200 million, drawing the attention of blockchain analysts.

Early Sunday morning, the price of ETH had fallen so that the trader's long position was in danger of liquidation — around 9:37 am, if ETH had fallen just $54 dollars more, the trader's long position would have been liquidated, resulting in a loss of over $2 million.

However, Trump's announcement of a crypto strategic reserve at 10 am Sunday morning sent prices soaring upward. Soon after, the trader, who had been adding to their long positions throughout the morning, closed their trades, netting $7 million in profits in just 24 hours, according to HypurrScan.

Give me AI or give me another employer?

https://www.bespacific.com/92-of-students-are-using-ai-what-this-means-for-lawyers/

92% of Students Are Using AI – What This Means For Lawyers

Artificial Lawyer – “A new survey of over 1,000 university students found that 92% had used AI tools in their studies. Their reasons for using genAI both mirrors lawyers – and tells us what the future looks like for the legal sector. Why does this show us what’s coming? For the simple reason that the students of today are the lawyers and clients of tomorrow. If they have become – it would appear – very comfortable with using AI tools for ‘knowledge work’, (and what is study but knowledge work) – then this will have a downstream impact as these young people enter the workforce. It also suggests that law firms may face staff retention issues, or perhaps even initial hiring barriers, if they are not incorporating AI into their work flows. This was seen in a recent LexisNexis survey, which found that ‘failure to embrace AI’ could lead to 11% considering leaving, which rose to 19% at larger law firms, while 36% at larger law firms believed a lack of AI tools may harm their career progression.  See AL article here.”

Perspective. Why can’t government understand?

https://www.theregister.com/2025/03/03/opinion_e2ee/

Governments can't seem to stop asking for secret backdoors

With Apple pulling the plug on at-rest end-to-end encryption (E2EE) for UK users, and Signal threatening to pull out of Sweden if that government demands E2EE backdoors, it's looking bleak.

There's no answer to the objection that you can't protect deliberate flaws in encryption from themselves being abused. The strength of E2EE is the underlying mathematical proof that can no more be overturned by law than pi can be made exactly 3. The implementation has to be deliberately crippled.

This has its own practical problems. Most obviously, if you are a criminal relying on encryption to hide your misdeeds, you will choose to use a non-crippled option. The UK government thought about this and made the whole process of demanding access "secret," which would work only if everyone involved, including those outside UK jurisdiction, felt honor-bound not to leak it. Even then, secrecy wouldn't last if features mysteriously changed in the software. Assuming nobody noticed, then the first court case that relied on evidence from a supposedly secure source would fall apart on examination. It turns out that if you can't back secrecy with solid math, it won't stay secret.

Conversely, if you know what you're doing, then you can evade snoopery. You can simply use software that doesn't rely on the compromised services, you can run encryption software locally before uploading to the cloud, or you can arrange your own private services that don't have a corporate entity attached who can be forced to capitulate. If you control the software that implements the math and the data flow on your system, you're golden. Criminals know this, tech types know this, it's just the vast majority of innocent users who don't.