How will Trump pay for a crypto reserve?

On Sunday, many people online expressed worry that a Bitcoin reserve could be funded with taxpayer dollars, effectively transferring money from everyday Americans to crypto millionaires and billionaires. Trump’s crypto czar David Sacks, however, batted down this idea on X on Monday, writing: “Nobody announced a tax or a spending program. Maybe you should wait to find out what’s actually being proposed.” (He also refuted accusations that he personally stands to benefit from the proposal.) XRP

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