Unlike democrats Trump atleast does "corruption" out in the open for everyone to see. He wants to pump his crypto bags. XRP SOL and ADA are not that bad IMO... Unlike bitcoin which burns electricity and destroys environment only to calculate a random number; bitcoin is much more stupid.
Why not just create USA official coin and be done with it No need to waste our money on "strategic" reserve
This wouldn't be a good idea because then China and everywhere else would start making their own coin. It has to be an established crypto that everyone wants, not some horse manure token like you suggested...
It's one think to announce a crypto "strategic reserve"; it's another thing to actually go implement it in face of resistance from Congress and the Fed. The jump up on these crypto currencies is temporary. They will drop when no actual policy implementation is obvious.
It's a scheme to privatize US taxpayers money. Orban Viktor of Hungary has been doing it for 14 years albeit not with Crypto.