Trump announces strategic crypto reserve including bitcoin, Solana, XRP and more
Trump announces strategic crypto reserve including bitcoin, Solana, XRP and more
Cryptocurrencies rallied on Sunday after President Donald Trump announced the creation of a U.S. strategic crypto reserve.
What, no TRUMP or MELANIA coins?
The national scam is well under way. I can see how stockpiling crypto is going to be a major asset in the war on high grocery prices...
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Strange, i thought reserve currencies were stored in stable assets that aren't expected to fluctuate much, like the US dollar... Oh i think i see whats next.
I think the Russian ruble is the new hotness
Gonna be the Yuan in a few years...
I like... gold.
Ah yes, im told it's inflated muchly the last few years. That means its a really big deal!
I mean it’s a bigot currency. Everyone is saying it, all the best people
stable assets that aren’t expected to fluctuate much, like the US dollar
Constantly losing value isn't the same as "stable".
I mean, actually yeah that graph does show a pretty stable value. Since 1980 it's gone frome ~$2.50 to $1.00 at a pretty steady rate. For all the financial chaos over that period of time that's a pretty straight line.
While there is inflation, it's been pretty consistently between 2-3% as targeted by the federal reserve, so basically the US dollar is doing what is being communicated, or in other words consistently performing.