Over 90 million American workers access to alternative assets like crypto, as reported by David Sacks, the newly appointed AI and crypto czar, reflecting Trump’s campaign promise to make the U.S. the "crypto capital of the planet."
This move builds on a 2025 White House initiative allowing 401(k) investors to diversify into alternative assets, potentially boosting retirement savings, with a 2023 study from the National Bureau of Economic Research showing crypto’s volatility could yield higher long-term returns (10-15% annually) compared to traditional stocks, though it warns of significant risk.
The renaming and crypto policy have sparked debate, with some viewing it as a strategic economic play to assert U.S. dominance in digital finance, while critics question the environmental and diplomatic implications, especially given the Gulf’s ecological role as a habitat for endangered species like the Caribbean manatee, per Britannica’s 2025 update.