US government’s controversial crypto plan sparks heated debate: ‘Call me old fashioned’
Photo Credit: Getty Images
Cryptocurrency has been a hot topic in recent years — so hot that even the U.S. government has considered getting in on the action.
President Donald Trump has announced plans to have the federal government invest in a reserve of crypto. Unfortunately, that plan doesn’t seem like a smart one to many tech-savvy citizens, as CNBC reported.
What’s happening?
In a March 2 post on Truth Social, Trump announced that he would create a strategic crypto reserve. Alongside Bitcoin, the most well-known and trusted cryptocurrency, Trump planned to include ether, XRP, Solana’s SOL token, and Cardano’s ADA.
Many of Trump’s…