“This is a pig in lipstick,” one crypto hedge fund founder wrote on X.
Alex Brandon/AP
Donald Trump’s scattershot rollout of his strategic crypto strategic reserve plan didn’t seem to make anyone happy this week — despite it being the big announcement ahead of Friday’s “first-ever crypto summit.”
During remarks ahead of the roundtable event Friday afternoon, Trump started by highlighting the, “Virtual Fort Knox for digital gold to be housed within the United States Treasury,” as he described his strategic reserve to a gathering of crypto leaders.
“That’s a big thing,” he added.
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