Ah, darlings, gather ’round! On a rather splendid Sunday, March 2, 2025, our illustrious President Donald Trump unveiled his grand vision for a U.S. Crypto Reserve. And lo and behold, he’s chosen the darlings of the digital realm: XRP, Solana (SOL), and Cardano (ADA). But wait! The ever-popular Bitcoin (BTC) and Ethereum (ETH) were left sulking in the corner, despite their glittering market value. How positively scandalous! 😱
In a rather theatrical post on Truth Social, Trump declared, “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration.” Oh, the drama! He then proclaimed his Executive Order on Digital Assets, directing the Presidential Working Group to gallivant forward with a Crypto Strategic Reserve featuring his chosen trio. “I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!” he trumpeted, as if he were announcing a new Broadway show. 🎭
This little escapade ties back to an Executive Order he signed in January 2025, which, while not exactly a binding contract, certainly stirred the pot. Trump has been touting this crypto caper like a seasoned performer on the campaign trail, bless his heart.
Meanwhile, the ever-ambitious Senator Cynthia Lummis is busy crafting her own masterpiece, pushing for a Bitcoin reserve. She’s sticking to her guns, while some states are toying with the idea of their own crypto reserves, though those discussions seem to be moving slower than a snail on a Sunday stroll.
Mark your calendars, my dears! On March 8, 2025, Trump will host a crypto summit at the White House, a veritable gala of digital assets. Expect big names from the crypto elite to rub shoulders with the President’s Working Group on Digital Assets. David Sacks, our newly appointed crypto czar, will take the lead, while Bo Hines, the executive director, will ensure the event doesn’t descend into utter chaos. One can only hope! 🎉
And in a delightful twist, the TRUMP Organization has filed a trademark for “TRUMP” on February 24, 2025. What’s next? A virtual world where one can purchase TRUMP-branded trinkets or dine at a TRUMP restaurant in the metaverse? The mind boggles! 🍽️
Through all this delightful chaos, President Trump is carving out a rather flamboyant path for digital assets, aiming to place the United States at the forefront of the crypto race. Bravo, Mr. President! The stage is yours! 🌟
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2025-03-02 19:33