President Cripto has some ideas for your tax dollars

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When is the President Donald Trump It is addressed to the Capitol Hill on Tuesday, will receive the first opportunity to sell Americans and Congress in their new proposal that the United States must create a strategic reserve of the cryptocurca.

It is a plan – to indicate Sunday in a couple of social media wars – it will cause obvious issues of conflicts of interest, both Trump and its crypto Czar and could also feed in the welding conspiracy regarding Fort Knokom.

The first post has temporarily mentioned three smaller and lesser-known cryptocurrency – KSRP, Solana and Cardano The haircut of their prices.

For more than an hour later, he added that the largest and most famous cryptocurries, Bitcoin and Ether, would also be included.

Trump discussed the creation of such a reservation for some time, part of his pledge to make the American capital “Cripto capital of the world”. In addition to the aspect of crypt’s policy, he also has personal interest.

A company that owns Trump social network and where Trump is the largest shareholder, he recently pursed his investment plans $ 250 billion in the cryptocurnancy industry.

Separately, last week of past members and securities committees dropped civic fraud The case against justin of the sun, the Chinese businessman who let $ 75 million in a crypto token who could use Trump’s family down the road. As CNN’s Allison Mordja did not notice 180 for Biden administration, which worked on the regulation of cryptocurrency at the time.

The value of the cryptocurrija such as Bitcoin rose after the trump, but they lasted last weeks. However, Trump steps away from the regulation is exactly what technological billions of berries that regained his campaign.

Trump appointed one of them, David sack, to be crypto and ai car in his administration. Although bags did not publish the financial disclosure and the conditions of his employment are clear, after Trump’s strategic reserve posts, the value of cryptocurrency, bags he said on x that he sold all his cryptocurne before joining the administration. Its solid interest in, however, is installed in essential, asset manager, which offers funds to the CRIPTO index.

The evangelists for the cryptocurnancy reserve say that the American bold position in Bitcoin could pay national debt at some point in the future.

Investor Michael Sailor, who said his company Microstrategy has more than $ 50 billion, if they buy 10 to 20 percent of the world’s world network for a long time or more – it would eventually be a lot of trillion dollars.

“What is convincing is if the United States occupies a position in the emerging economy – if it purchases 10, 20% of the Bitcoin network, we will pay off national debt, so why would it not be in the United States interest?”

But for each Evangelist Bitcoin, there is an academic Or a banker from the entire political spectrum that will point out that creptocurnancy investments could be equally easy to set up in smoke, which would be unfortunate to happen to dollar taxpayers.

Trump claimed that now we can only take more than 200,000 Bitcoin who currently took criminal and civilian actions and started building from there.

There are other suggestions such as that of the hay. Cynthia Lummis, Vioming Republican, to redistribute money from the Federal Reserve to buy Bitcoin or use the gold reserves of the American Government to collect the Bitcoin Reserve.

And Trump and Musk recently discussed travel planning in Fort Knox to make sure that gold is still there, feeding conspiracy theory. During the first Trump Administration, CNN used a request for public records To get photos of the then treasury of the then steven Mnuchin and former leader of most Senate Mitch McConnell posing with gold bricks in the vault. McConnell even wrote his name on the wall.

It is not clear that there will be an appetite in Congress to fasten with a gold reserve or otherwise spending the taxpayer money, but there is an opportunity for insiders to talk about when Trump and bags are hosting Crypt On Friday in the White House for “prominent founders, general directors and investors from the crypto industry.”

Sen. Patti Murray, Washington Democrat, complained of x That Trump should not want to invest the money in Bitcoin at the same time trying to reduce the size of the Government.

“While he is kicked out the exploration of cancer and fire VA researchers, the president uses your tax cards to buy crypto and enrich your personal allies,” she said.