Trump’s Cripto Czar abolishes the lack of government for the long-term Bitcoin Strategy ‘

Artificial Intelligence Bela House and Crupto Czar David Sacks claim that the Federal Government is the deficiency of “long-term strategy” on Thursday cryptocurrency It has negatively affected US taxpayers.

“Over the past decade, the Federal Government sold about 195,000 $ 366 million income. If the Government held Bitcoin, today would be worth over $ 17 billion,” he claimed in the X post. “It’s how much it’s American taxpayers not to have a long-term strategy. ”

He pointed to the Budgets of GROR, XAI-developed AI Chatbot, as the source of this data. The XAI is a company AI that Elon Musk, the General Manager of Milk Tesla and the owner of X, was launched in 2023. years.

Trump moves ‘Cripto Strategic Reserve’ forward, promises to raise the industry

President Donald Trump Selected bags serve as a white house AI and CRIPTO CZAR within its administration in early December. It also leads a “working group in the markets of digital means” that the President formed in January by executive order.

President Donald Trump speaks with media members on the south lawn before boarding Marik, in the White House in Washington, 28. February 2025. years. Tuesday, the Trump administration has imposed tariffs and Mexico. (Reuters / Nathan Howard / Reuters)

Executive order of the task working group with multiple things related to digital assets, including “potential creation and maintenance of the national digital warehouse for the establishment of such stock, potentially derived from cryptocurnition that the Federal Government lawfully revoked the Lawsman.”

Over the weekend, Trump stated that he really wanted to continue to create supplies.

“American Crypto Reserve will raise this critical industry after multi-year corrupt attacks by Biden Administration, which is why my executive order on digital assets focused Presidential Working Group To move forward to the crypto strategic reserves that includes KSRP, Sol and Ada, “said the President of the true social.

Trump Cripto Czar, Congress lawmakers announce moves towards American ‘golden age’ in digital property

In addition to these tokens, Trump also said that Bitcoin and Ether would be “heart” strategic reserves.

On this illustration of photos, the visual display of bitcoin is on the screen 12. November 2024. In Paris. (Illustration Photos Chesnot / Getty Images / Getty Images)

Bitcoin began almost 5.5% jump in the price in the last five days. The other cryptocurries mentioned and which Trump also saw an increase in that deadline, such as Cardano, who jumps almost 41% and the KSRP increases 19.8%.

On Friday, the white house hosted the crupte that the administration will perform “prominent founders, general directors and investors from the crypt’s industry, as well as members of the President’s workgroup on digital property,” Fox Business “was previously reported.

Trump called to host the crypto summit in the White House

The bag wrote On K that “more to reach the summit” in connection with strategic creptocurrency reserves.

David Sacks, General Manager of Zenefits, speaks during Techcrunch 2016. They interfere in San Francisco 13. September 2016. years. (Reuters / Beck Diefenbach / Reuters)

The president said he wanted America to do “Cripto capital of the world”.

Anders Hagstrom contributed to this report.