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The "strategic reserve" exposes crypto as the scam it always was
Today, President Trump announced that the US Government would begin using taxpayer dollars to systematically buy up a variety of cryptocurrencies. Crypto prices shot up on the news. This is reveali…
Today, President Trump announced that the US Government would begin using taxpayer dollars to systematically buy up a variety of cryptocurrencies. Our president and a number of members of his inner circles hold large amounts of cryptocurrency and have a vested interested in seeing its value rise — Trump’s personal memecoin being a particularly notable example. Diverting trillions of dollars away from productive investments into gambling is bad enough, but the untraceability of crypto has also enabled terrorist organizations, criminal networks, and rogue states like North Korea to fund themselves far more effectively than ever before.
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