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World

The fatal flaws in Trump’s crypto reserve plan

3 March 2025

9:31 PM

3 March 2025

9:31 PM

President Trump was very bullish about his decision over the weekend to create a ‘crypto reserve’. It will legitimise crypto currencies, he said. It will turn the United States into the global hub for trade. And it will build the national wealth. In effect, the American government will build up a stock of Bitcoin and other digital currencies, much like the gold held in Fort Knox.

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