Will the digital revolution improve the nation’s fiscal position?
Is it time to rename the country the United Cryptocurrencies of America? Should the US government liquidate Fort Knox and replace gold with bitcoin? Will Washington bet the house on digital tokens? President-elect Donald Trump and his family have gone all in on bitcoin and its sister cryptocurrencies, which could improve the nation’s fiscal position or leave Uncle Sam with egg on his face.
Eric Trump on Cryptocurrencies
The president-elect’s son, Eric, delivered the keynote address at the Bitcoin MENA Conference in the United Arab Emirates on Dec. 10. In the presentation, the younger Trump touted his father’s pledge to ensure the United States is at the forefront of the digital revolution and transform the “antiquated” traditional banking…