This week, the Trump White House announced a project that the crypto industry loves, skeptics hate, and that most people, reasonably, don’t really care about: a “bitcoin strategic reserve.”
The words are opaque and boring, and you’d be forgiven for tuning them out. But if you want to understand the controversy, in plain English, read on.
What is the Strategic Bitcoin Reserve?
Under Trump’s executive order, the United States would essentially consolidate all the bitcoin it has seized through criminal and civil forfeitures and hold it as a reserve
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