fromFortune
3 hours agoEconomist Paul Krugman says Bitcoin's crash shows the 'unraveling of the Trump trade' | Fortune
Krugman, who has made no secret of his contempt for cryptocurrencies (or for Trump and Trumpism), argues their rise is inextricably linked with the Trump administration's raft of friendly policies and actions toward crypto investors and exchanges. That includes calling for the creation of a government Bitcoin reserve, as well as signing an executive order in August to allow U.S. citizens to invest retirement savings in cryptocurrency, as well as other alternative assets.
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