Trump Proposes Crypto Reserve
This is a US news story, published by Verge, that relates primarily to Donald Trump news.
US news
For more US news, you can click here:
more US newsDonald Trump news
For more Donald Trump news, you can click here:
more Donald Trump newscrypto trading & speculation news
For more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsVerge news
For more news from Verge, you can click here:
more news from VergeAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
crypto stockpile enriches Trump. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest crypto reserves news, crypto market news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
crypto investorsVerge
•Business
Business & Economics
The crypto industry got what it paid for

65% Informative
President Donald Trump announced a “strategic national bitcoin stockpile” on the campaign trail.
The only thing a crypto stockpile accomplishes is enriching Trump ’s crypto donors.
The US dollar is a source of American soft power and a tool for setting fiscal policy.
It amounts to an endorsement of tokens that the US has no control over, which are widely used for crime.
A Bitcoin reserve is a terrible idea in its own right, but the addition of extra currencies really gives away what’s happening.
Bitcoin is open source, and its creator (or creators), the Satoshi Nakamoto entity, has disappeared.
The only surprise is that Trump didn’t stick his own shitcoins in the reserve.
Fortunately, the crypto reserve stands a good chance of never happening. After all, the executive order Trump made in January says only that the US will evaluate creating a digital asset stockpile. The funniest possible outcome is also the most crypto possible outcome: the president manipulated the market for political ends, and the crypto stockpile never gets off the ground..
VR Score
59
Informative language
52
Neutral language
27
Article tone
semi-formal
Language
English
Language complexity
44
Offensive language
likely offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
detected
Time-value
short-lived
External references
27
Source diversity
23
Affiliate links
no affiliate links