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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 revealing, as crypto boosters have argued for years that cryptocurrency has legitimate economic value as a payment system outside of the government’s purview. Instead, those same crypto boosters are now tapping the White House for money — in US Dollars, coming from US taxpayers. Why? Crypto has been one of th...

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