March 3, 2025 (EIRNS)—"President Trump has announced a Crypto Strategic Reserve consisting of Bitcoin and other top cryptocurrencies,” the White House AI & Crypto czar David Sacks posted on X on March 2.
“This is consistent with his week-one EO 14178. President Trump is keeping his promise to make the U.S. the ‘Crypto Capital of the World.’”
The idea that the value of the dollar can be improved through government involvement in cryptocurrencies is absurd, but those who already own the kind of “assets” the government plans to buy are sure to benefit. How many marks will they take with them on the expected surge in crypto prices, and how many will be left with great losses in the event of a collapse?