‘Bitcoin, it just seems like a scam,” remarked Donald Trump back in 2021. Yet Trump went on to run for president again on a pro-crypto platform, promising attendees of the 2024 Bitcoin conference in Nashville that he would make America “the crypto capital of the planet.” Since taking office, Trump has been the most pro-crypto president to date. Upon taking office, he appointed the tech investor David Sacks as his “crypto czar,” and last week, the White House hosted a crypto summit, at which Trump announced the creation of an official Bitcoin strategic reserve and cryptocurrency stockpile.
“Using crypto to prop up the dollar…
