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Why do the donors want a crypto reserve? Just because it boosts the price of BTC? Or does that strategic reserve actually serve their interests in some other way?
both. obviously it would be good for the price
Why would it serve their interests besides boosting the price?
Obviously it will boost the price, and so any holders now stand to gain. What about a crypto reserve is good for the rest of the country? Or is there a non-personal-gain motivation for just these donors that doesn't apply to Joe Blow that justifies it?
The economic case for a Bitcoin reserve is weak and stands to benefit a small minority of donors, more than improve general economic welfare. This is probably why Trump is dragging his feet on it or a low priority compared to other things.
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