Trump US Cripto Reserve: The odorality of announcement is explained

President Donald Trump announced on Sunday to include the selection of cryptocurrency tokens in “US Cripto Reserve” – ​​but what does it actually mean, and whether it actually happens, it is just like mud.

In Truthful postTrump said he would direct his advisors to “move forward” to create “crypto strategic reserves” and will include cryptocurrencies KSRP, Solana and Cardano. In monitoring post, He added This bitcoin, ethereum and “other valuable cryptocurries will be in the heart of the reservation.”

Of course, the announcement sent crypto prices – which moved downwards Since Trump’s inauguration is – Recording more Sunday, especially among specific Token Trump appointed. But some of Market enthusiasm He was wearing Monday, because the questions were deepened of what Trump announcement actually meant and whether it would be meaningful.

The announcement also set the alarm bells than those related to corruption and chronicism. Not only did Trump not propose that the government plans to favor the industry of some of his best supporters have been invested in the invested inBut he called specific cryptocurries, including some less well known, by name.

How exactly did that list come up with? And is it proposing to spend the taxpayer money not only on the purchase of crypto, but at picking the favorites in the market, that his allies become richer?

Even some Trump fans were not on board with that idea. Libertarian Venture Capitalist Joe Lonsdale complained of x It’s “wrong to tax for the crypto bro schemes,” add “, cut out with these guys with schemes.”

“Nobody announced a tax or consumption program,” Soon, David Associations, a White House Advisor for AI and Cripto. fired backAdding: “Maybe you should wait to find out what actually suggested.”

But that is correct and further unclear what exactly is not vague.

What is “Strategic Cripto Reserve?” It depends on who’s talking about it.

The background is here that some crypto signs this idea push this idea US Cripto Reserve For some time, hoping it will give the seal of government approval and legitimacy industry, which is often associated with speculation, money laundering and either criminal activities – as well, of course, of course, of course.

One version of that proposal would be the law enforcement agencies, simply holding on the crypt, they seized from criminals, not to sell – an idea Trump supported last July.

But another ambitious and controversial version would include the government actually buy a whole lot cryptoperhaps Through federal reserves.

Trump talks about one of those, another or something between? And what does he have to do an executive action, not legislation?

The details remain scarce, although it can come to the White House Cripto Summit Friday.

The Sumit will chair the bags, invested a capitalist and close ally of an elon musk that was one of several major technological figures to Trump support in the middle of last year – Hence the meeting in the White House “AI and Cripto Czar”.

Bags – forecast online presence – whether round criticized About the social media this weekend for perception that he managed the crypt policy to make his friends richer. Bags was the early ordained and main investor in SolanaOne of the lesser-known cryptocurries that Trump called for inclusion in the reservation.

Bags He told social media Sunday that he sell All its cryptocurnent houses before joining the administration.

However reported the financial time that investment investments in bags still had roles in some crypto start-up. His white house ethical paperwork has not yet been published.