US politicians woo crypto advocates

The first US president in 1789 was George Washington and when he retired, he founded what was to become one of America’s biggest distilleries making whiskey. One wonders what the 47th US President (Trump or Harris) will do when she or he steps down? Given the growing rhetoric from Trump regarding crypto, will he become a memecoin trader or a crypto miner?  In addition, there are calls from Robert Kennedy for the US to own 4million Bitcoin. If the US did this and the price of Bitcoin went to $9million, this would enable the US government to repay $36trillion, which is what the American debt is expected to be by the end of 2024! So, whilst investing in Bitcoin to repay the US national debt seems fanciful to some, Trump announced at a recent Bitcoin conference: “It will be the policy of my administration to keep 100 percent of all Bitcoin the US government currently holds or acquires into the future.” The US already holds a stash of 210,00 BTC.

Source: YouTube

Meanwhile, as we draw ever cl…