Is The Strategic Crypto Reserve A Scam?

Paul Krugman takes a critical view of Trump's plan to create a strategic crypto reserve. He argues that this move is best seen as a "hack pump-and-dump" to enrich insiders at the expense of ordinary American taxpayers.

Argentine President Javier Milei backed a similar pump-and-dump, and you can read here a detailed account of how well that worked out.

Another episode of Hans & Franz anyone?

Trump Is Planning the Biggest Heist in History

The “strategic crypto reserve” will be a giant rug pull scam

Paul KrugmanPaul Krugman

"Some people say that the crypto industry has undue influence with the Trump administration. I wonder why?"

Source tags: Paul Krugman