特朗普總統正在賣掉一個紀念因素，並通過出售單獨的硬幣收取大部分收入

它始於特朗普在任職的第三天發行的行政命令“加強美國在數字金融技術方面的領導”。

President Trump is planning to create a federal “Crypto Strategic Reserve” with tokens from World Liberty Financial, while also collecting most of the revenue from the sale of a separate coin from a company called World Liberty Financial.

特朗普總統正計劃在世界自由金融的代幣中創建一個聯邦“加密戰略儲備”，同時還從出售來自一家名為世界自由金融公司的單獨的硬幣出售中收取了大部分收入。

Trump's plan to buy up crypto tokens with taxpayer dollars to benefit billionaires and bankruptcies closely advising the administration began with an executive order, “Strengthening America's Leadership In Digital Financial Technology,” issued on Trump's third day in office.

特朗普以納稅人的美元收購加密代幣的計劃使億萬富翁受益和破產，以密切的諮詢服務，始於行政命令“加強美國在數字金融技術方面的領導才能”，在特朗普上任第三天發表。

The executive order created a crypto working group tasked with evaluating the creation of a “national digital asset stockpile.”

行政命令創建了一個加密工作組，負責評估“國家數字資產庫存”的創建。

The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.

工作組應評估國家數字資產庫存的潛在創建和維護，並提出標準，以建立這種庫存，可能是由聯邦政府通過其執法工作合法扣押的加密貨幣衍生而來的。

Trump expanded on this concept in a post on Truth Social on Sunday. He specified that the “Crypto Strategic Reserve” would not only contain well-known tokens like Bitcoin (BTC) and Ethereum (ETH), but also newer entrants like XRP, Solana (SOL), and Cardano (ADA).

特朗普在周日關於真相社交的帖子中擴展了這一概念。他指出，“加密戰略儲備”不僅包含諸如比特幣（BTC）和以太坊（ETH）之類的知名令牌，而且還包含XRP，Solana（Solana（Sol）和Cardano（ADA）等新的參賽者（ETH）。

The term “Crypto Strategic Reserve” is a non sequitur since there are no plausible circumstances in which the United States government holding large amounts of cryptocurrencies would be of any strategic benefit.

“加密戰略儲備”一詞是非隔離的，因為在沒有合理的情況下，美國政府持有大量加密貨幣將帶來任何戰略利益。

A strategic oil reserve is beneficial in the event of a shortage of oil imports or a disruption in domestic oil production. When would a crypto reserve be useful? Under what circumstance would the United States need to make a transaction with a crypto token that could not also be made with the dollar?

如果石油進口不足或國內石油生產中斷，戰略石油儲備是有益的。加密保護區何時有用？在什麼情況下，美國需要與無法用美元進行的加密代幣進行交易？

It raises the question of why the United States would divert taxpayer resources to obtain these tokens.

它提出了一個問題，即為什麼美國會轉移納稅人資源以獲取這些令牌。

While the public benefit is unclear, the biggest economy in the world buying up large amounts of various crypto tokens would be a financial windfall for the companies that created these tokens and the people who already own them. Those companies and investors also have close political and financial ties to Trump.

儘管公共利益尚不清楚，但全世界最大的經濟體購買了大量的各種加密代幣將是創建這些代幣和已經擁有它們的人的公司的金融意外之財。這些公司和投資者還與特朗普有著密切的政治和財務聯繫。

Popular Information is an independent newsletter dedicated to accountability journalism since 2018. It is made possible by readers who upgrade to a paid subscription.

流行信息是一部獨立的新聞通訊，自2018年以來一直致力於問責制新聞。升級為付費訂閱的讀者使它成為可能。

Ripple makes waves

波紋浪潮

For XRP, being included in Trump’s proposed national crypto reserve is a major coup for its creator, Ripple.

對於XRP而言，被包括在特朗普提議的國家加密保護區中，這是其創作者Ripple的重大政變。

Introduced in 2012, XRP is the world’s third-largest cryptocurrency and was designed to speed up international transactions by using XRP as a bridge currency for transactions made through Ripple’s payment network. Most of the large financial institutions that use Ripple's platform, however, do not use XRP, so the currency has little value other than as a speculative asset. The currency remains highly centralized, with Ripple owning 48 billion XRP of the 100 billion coins in circulation.

XRP於2012年推出，是世界第三大加密貨幣，旨在通過使用XRP作為通過Ripple的支付網絡進行的交易來加快國際交易的速度。但是，大多數使用Ripple平台的大型金融機構都不使用XRP，因此該貨幣除了投機資產以外幾乎沒有價值。該貨幣仍然是高度集中的，波紋在流通中擁有480億XRP。

In December 2020, the end of Trump’s first term, the SEC issued charges against Ripple related to XRP, alleging that the token was an unregistered security. Initially a court ruled that XRP is a security in certain transactions but not in others, but the SEC appealed that decision. Although the SEC has abandoned many of its other legal actions against crypto firms, the appeal in the XRP case is still pending.

在2020年12月，即特朗普的第一任期結束時，SEC對與XRP有關的波紋發出了指控，指控令牌是未註冊的安全性。最初，法院裁定XRP是某些交易的安全性，但在其他交易中不是，但SEC對此決定提出上訴。儘管SEC放棄了針對加密貨幣公司的許多其他法律訴訟，但XRP案件中的上訴仍在審理中。

Ripple's improving political fortunes is not an accident. The company contributed $5 million worth of XRP to Trump’s inauguration fund, one of the largest corporate contributions. Ripple also donated $45 million dollars to Fairshake, a Super PAC that supported pro-crypto congressional candidates and played a critical role in securing Republican majorities in the House and Senate. The company has since contributed another $25 million to Fairshake ahead of the 2026 midterm elections.

波紋的改善政治命運並不是偶然的。該公司為特朗普的就職基金（最大的公司捐款之一）捐款了價值500萬美元的XRP。 Ripple還向Fairshake捐贈了4500萬美元，這是一家超級PAC，支持Pro-Crypto國會候選人，並在確保眾議院和參議院的共和黨多數派中發揮了至關重要的作用。此後，該公司在2026年中期選舉之前又為Fairshake貢獻了2500萬美元。

Ripple CEO Brad Garlinghouse attended Trump’s inauguration and earlier in January, he and Ripple’s chief legal officer had dinner with Trump at Mar-A-Lago. The New York Post reported that Garlinghouse is on the shortlist of candidates for Trump’s crypto advisory council.

Ripple首席執行官布拉德·加林豪斯（Brad Garlinghouse）出席了特朗普的就職典禮，一月初，他和Ripple的首席法律官在Mar-A-Lago與特朗普共進晚餐。 《紐約郵報》報導說，加林豪斯在特朗普加密諮詢委員會的候選人名單上。

Garlinghouse praised Trump’s inclusion of smaller and more volatile cryptocurrencies like XRP in the national crypto reserve on X.

加林豪斯（Garlinghouse）讚揚特朗普（Trump）在X的國家加密保護區（National Crypto Reserve）中包括XRP等較小且更加動蕩的加密貨幣。

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我們開始了新的出版物Musk Watch。 NPR在這裡發布了我們的發布。它具有責任新聞業，重點是歷史上最強大的人之一。它可以免費註冊，因此我們希望您可以嘗試一下，讓我們知道您的想法。

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Trump's selections mirror investments by Trump's crypto czar

特朗普的選擇反映了特朗普的加密沙皇的投資

David Sacks is a venture capitalist and Trump fundraiser, who was named Trump’s crypto czar. Trump's selections for the "Crypto Strategic Reserve" closely track Sacks' investments in the industry.

戴維·薩克斯（David Sacks）是一位風險投資家，特朗普籌款人被任命為特朗普的加密沙皇。特朗普對“加密戰略儲備”的選擇密切追踪麻袋在該行業中的投資。

On Sunday, Sacks posted on X that he sold all of his cryptocurrency “prior to the start of the administration.”

週日，薩克斯（Sacks）在X上張貼，他在“政府開始之前”出售了所有加密貨幣。

But Sacks has not yet disclosed his investments in companies involved in the crypto industry. And Sacks’ venture firm, Craft Ventures, has invested in several crypto start-ups, including Bitwise Asset Management.

但是，薩克斯尚未透露他對參與加密行業的公司的投資。薩克斯的風險投資公司已經投資了幾家加密初創企業，包括位資產管理。

Craft Ventures invested in Bitwise, a company that sells crypto index funds, in 2017.

Craft Ventures投資於2017年出售加密指數基金的公司Bitwise。