The crypto industry got what it paid for
Oh boy, I wonder who will get rich from this!The crypto market never closes, so it was fitting President Donald Trump made the announcement on a Sunday: he was going to reward the billionaires who funded his presidential run.
aA U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration,a Trump wrote in a post on Truth Social, a social media website that he owns. His brilliant son Eric made a post suggesting that his fatheras announcement qualified as market manipulation. Fantastic.
I know Iave been saying this a lot lately, but this is so stupid
Trump promised his crypto constituency a astrategic national bitcoin stockpilea on the campaign trail. The new post expands the plan to include Ethereum, Solana, Rippleas XRP, and Cardano. I am using aplana loosely. I donat know whoas going to buy and hold the tokens, or even if tokens need to be bought at all, or what kind of wallet will be used, or any of the rest of it. In a sane system, wead have an inkling of these things, but this is Donald Trump.
Look, I know Iave been saying this a lot lately, but this is so stupid. The US dollar is a source of American soft power and a tool for setting fis …