Trump Names Two CBDC Blockchains as Part of the Bitcoin Strategic Reserve
by Mark E. Jeftovic | Bombthrower
Maybe adding CBDCs to the BSR is an example of 4-D chess?
This may come as a shock to those suffering from what I call “Type 2 TDS” (Trump Divinity Syndrome) but the president’s declaration to add sh*tcoins to the national strategic reserve contradict his own declarations against Central Bank Digital Currencies (CBDCs)
The inciting incident: Trump comes out against CBDCs
Trump has been vocal about his opposition to CBDCs from the same moment he declared himself to be pro-Bitcoin and announcing his intention to create a US Bitcoin Strategic Reserve.
Once in office his Jan 23rd Executive Order for “Strengthening American Leadership in Digital Financial Technology” specifically, section 5 called for
“taking measures to protect Americans from the risks of Central Bank Digital Currencies (CBDCs), which threaten the stability of the financial system, individual privacy, and the sovereignty of the United States, including by prohibiting the establishment, issuance, circulation, and use of a CBDC within the jurisdiction of the United States.”
We all know by now that via his recent post on TruthSocial, Trump declared that altcoins like Ethereum, Ripple (and ADA) would be added to the national strategic reserve. Read Full Article >