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Trump and Bitcoin Strategy: Between National Interests and Personal Interests
Donald Trump is back in the spotlight, not only because of his ambitions on the political stage but also due to his new breakthrough in the crypto world. Under his administration, the United States officially formed a Strategic Bitcoin Reserve—a radical move that positions Bitcoin as a strategic national asset, stored from the proceeds of criminal seizures and positioned like a modern 'digital gold.' This step not only solidifies the US's position in the world of digital assets but also sends a strong signal that this superpower is serious about anticipating the increasingly digitized future of global finance.
However, behind the jargon of 'global crypto leadership,' Trump's decision carries irony. His company, Trump Media & Technology Group (TMTG), has just secured permission from the SEC to sell stocks and bonds worth billions of dollars to buy Bitcoin as a corporate reserve. Not only that, Trump has also pocketed over 57 million dollars in personal profits from DeFi projects and digital tokens directly associated with his name. While the country paves the way for massive adoption, Trump and his closest circle have already taken their position—and are now at the forefront to reap the benefits.
Criticism has emerged. Many view this policy as rife with conflicts of interest: is Trump pushing pro-crypto policies for the sake of the nation, or for enriching himself and his cronies? As regulations are loosened and law enforcement against crypto exchanges is softened, public concern over government integrity is unavoidable.
Whatever the motivation, one thing is clear: Trump's move has taken Bitcoin to a new level in global politics. But is this a strategic vision or a planned scheme to enrich the old elite with new instruments? Time will tell—and the public needs to remain vigilant.