The Republicans and Donald Trump seem set on establishing a strategic crypto reserve. They are claiming this will somehow be an important source of economic security for the country. It’s clear that establishing the reserve will be an important way to give tens of billions of dollars to Donald Trump’s campaign contributors, but it is much harder to see how it will provide any economic security to the country.
… for now. If a President wanted to destroy the dollar as the world’s reserve currency, he would do all the things Trump is doing right now.
Or tried to do, like when he tried to collapse Treasury bonds.