Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Liberal YouTubers
Related: About this forumTrump's Crypto Grift Is Imploding - The Bulwark (Great NEWS)
Feb 5, 2026 Bulwark Takes
Tim Miller and Catherine Rampell give their takes on the crypto crash, why Bitcoin and meme coins are plunging, and what the sell-off says about speculation, interest rates, and the broader economy. They break down why crypto hasnt held up as an inflation hedge, how rising rates are squeezing risky assets, and why Trump-worlds deep exposure to crypto and speculative stocks suddenly looks a lot more precarious.
Tim Miller and Catherine Rampell give their takes on the crypto crash, why Bitcoin and meme coins are plunging, and what the sell-off says about speculation, interest rates, and the broader economy. They break down why crypto hasnt held up as an inflation hedge, how rising rates are squeezing risky assets, and why Trump-worlds deep exposure to crypto and speculative stocks suddenly looks a lot more precarious.
It's almost like cryoto 'coin' isn't real money. Hmmmm
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Trump's Crypto Grift Is Imploding - The Bulwark (Great NEWS) (Original Post)
ihaveaquestion
5 hrs ago
OP
rampartd
(4,219 posts)1. there is a crypto reserve, and we taxpayers seem to have some exposure
this happened a week ago, and first i'm hearing ......
The U.S. government added millions of dollars worth of Bitcoin to its Strategic Reserve, then blockchain data showed the wallet was emptied.
The transfer involved $6.3 million in seized Bitcoin from the Samourai Wallet case. Under U.S. rules, those coins are supposed to stay on the governments balance sheet. What happened next is why the move is drawing attention far beyond the crypto world.
https://www.msn.com/en-us/money/markets/63m-in-seized-bitcoin-missing-from-us-strategic-reserve/ar-AA1Vhc0T?ocid=BingNewsSerp
Evolve Dammit
(21,602 posts)2. Drumpf family sell-off?
Uncle Joe
(64,535 posts)3. Tulips is where you want to put your money, that's the way to go!
Thanks for the thread ihaveaquestion
SWBTATTReg
(26,143 posts)4. Crypto is crashing (most of them), doesn't sound like a very safe bet in the literally thousands of different kinds of
crypto...
