Big news in the world of cryptocurrency! Former President Trump wants the U.S. to become the biggest crypto country. He announced a plan to create a national crypto reserve, kind of like a big government savings account for digital money. This means the government might buy lots of different cryptocurrencies.
Some people are excited, thinking it could make cryptocurrency prices go up and help taxpayers. Others are worried, saying it could give too much money to already wealthy people.
It's still early, and no one knows exactly how this will work.
- The plan involves buying five different cryptocurrencies.
- Two are well-known (Bitcoin and Ether).
- Three are newer and riskier (XRP, Solana, and Cardano).
- A bill suggests buying 1 million Bitcoins over five years!
| Fact | Information |
|---|---|
| Cryptocurrency Reserve | A government plan to buy and hold crypto |
| Cost (estimated) | $92.6 billion for 1 million Bitcoins |
| Number of cryptocurrencies involved | 5 (including Bitcoin and Ether) |
