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Voodoo economics
Kleptocrats SCAMMERS love Crypto-“coins” .! It is no surprise that TRUMP would embrace CRYpto
$TRUMP is a meme “coin” associated with Donald Trump, hosted on the Solana blockchain platform.
Early last month small traders lost money as $Trump coin slumped in value by two-thirds, though Trump himself made nearly $100 million in trading fees.
The grift is real.
And so those who acquired various crypto “assets” prior to the rest of use knowing about the “bitcoin reserve” will then sell these “assets” to the government which will buy them (with your tax dollars) at an increased price and make some money.
Do we need a strategic reserve of bitcoin? What for?
Keep an eye on this, it has the look of possible corruption.
Look? Possible?
Joe it is just that the list of possibilities is too long for a the comment section here.
I’m going to predict that the next world economic crisis is going to center around cryptocurrency and we will see a global recession similar to 2008 when stupidity in the US financial market triggered a global recession then.
Instead of stupidity, I should have said Republican deregulation policies.