President Trump wants to make the U.S. a big player in crypto! He's already done some things, like pardoning someone who created a crypto website and stopping an investigation into a big crypto company. But now, he's announced a plan to buy different cryptocurrencies using taxpayer money.
- Trump wants to create a U.S. crypto reserve.
- It would include Bitcoin and other cryptos like Ether, XRP, Solana, and Cardano.
- Some people support it; others worry it's risky and could benefit only a few rich investors.
- There's been a debate among Trump's advisors.
Crypto | What it is |
---|---|
Bitcoin | Like digital gold |
Ether | Cryptocurrency used on Ethereum |
XRP | Cryptocurrency used for payments |
Solana | Cryptocurrency used on the Solana blockchain |
Cardano | Cryptocurrency like Bitcoin |