Trump: US government should not sell cryptocurrencies
On August 6th, Trump stated in a recent interview that the US government should not be selling cryptocurrency. When asked about the recent sale of cryptocurrency by the US government and whether he would still support cryptocurrency if he wins the November election, Trump said that the US government should not be selling cryptocurrency and that they should be working to build it up. Additionally, Trump referred to cryptocurrency as a "very modern currency" and compared it to artificial intelligence. He had previously expressed his desire for the US to become a major player in Bitcoin mining. According to Arkham Intelligence, last week a wallet belonging to the US government transferred $2 billion worth of Bitcoin to an unknown wallet address. The US government currently holds approximately $11.1 billion worth of cryptocurrency.
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