It is difficult to consider an instance of corruption political worst than the US president to use money signs for a “strategic reserve.” But that’s exactly what President Donald Trump did at the end of the week, announcing that he would follow a Campaign Promise To establish a National Cryptocurency Reserve which includes tokens such as Solana, Cardano, XRP, Bitcoin, and Ethereum. The former three tokens are popular amongst the allies of industry and tech allies in Trump – and the President himself. the $ Trump Shitcoin Released during the inauguration weekend is made with Solana Blockchain, such as $ Melania Token.
This is not just a trumpet donkey, who can see their bags healing when the federal government begins to buy Crypto. It can be pure self dealing for Trump and his sons, who covered Crypto’s money without the potential to have Financial in the world and Arrival Trump Media Media Pwellment Fund. The benefits for them are clear. Besides $ Trump Token – which may have gave up close $ 100 million fees and profits for Trump-World numbers within the pump-and-dump – Received World Liberty Financial $ 75 million from Chinese Crypto Entrepreneur Justin Sun. Last week, Trump and Exchange Commission Security, now cleaned the thats-era crypto exponstrion team, dropped the case with its fraud against the Sun. This Payora system works as designed.
Signal exactly what reserve reserve is all, top prices spiked that is important Trump after announcing. Some whales – many bagholders – making great, unexpectedly timed trades that produce questions when knowing questions about notice notice. But the bomb didn’t last long. Within 24 hours, there are token prices slid Think about what they were before the president announcement while some prominent Trump Tech Allies began to ask the initiative.
“Tax is theft. It should be kept at least,” wrote the Venture capitalist Joe Lonsdale in X. “The stealing my money is wrong for the ripping on the left; it’s also incorrect tax for crypto bro designs.”
“No one announces a tax or spending program,” David Sacks repliedVenture capitalist serving as Trump’s Ai & Crypto CzarWho invested in Crypto companies through his venture-capital firm craft activities, including the involvments in Solana. SCKS says he sells his personal crypto holdings. “You may need to wait to know what is actually suggested.”
Money should come from somewhere. X was asked to clarify what exactly suggested, sacks did not respond.
Crypto helped Take Trump back to the White House.
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2025-03-05 05:30:00
