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In the Trump administration, Kushner was a presidential advisor.
A photo by Ahmad GharABLI.
The son-in-law of Donald Trump was interested in the idea of the federal government making a cryptocurrencies. In an email to then-US Treasury Secretary Steven Mnuchin, Kushner asked if he could have a group of peoplebrainstorm about the government creating its own digital currency.
It is interesting that someone who had a lot of status in the White House was thinking about it years ago.
The email is in full.
Steven.
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Would you be willing to allow me to bring a small group of people together for a discussion about this topic?
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The US Digital Currency can be found on thesamaltman.com.
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It could make sense and change the way we pay out.
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Saving us a lot of money in waste fraud and transaction costs is achieved by entitlements.
The US should make a coin that could act as legal tender.
The link includes a post titled "US Digital Currency" written by Sam Altman, a former president of startup incubator Y Combinator and currently the CEO of Openai. The US should make it legal tender to use a cryptocurrencies. There is a stable coin named USDC, which is short for US Dollar coin, but it wasn't created by the government. The US could have taxes built-in to help give America some power over a worldwide currency, according to a post by Altman.
It could be a way to cut down on waste, fraud, and transaction costs when paying out entitlements. The outcome of his request is unclear, as the emails don't show whether or not he ever got a response or if there was a meeting about the idea.
The US government has not been ignoring the issue of cryptocurrencies.
Since the email was sent, the government has been paying attention to cryptocurrencies. The IRS and the treasury are trying to get legislation passed that would regulate and collect data on cryptocurrencies. The US Treasury had meetings with executives from several companies that deal in cryptocurrencies, including Jack Dorsey's Square and Xapo Bank.
The US doesn't have an official digital currency, but other countries do. The US dollar and El Salvadoran currency are both official in the country. The Petro is a new currency that Venezuela established in the year of 2019: it doesn't seem to have been very successful, but Trump banned Americans from buying it during his tenure.
The inbox of Mnuchin seemed to have some coin-related stuff.
While it doesn't seem like we'll be getting an official US cripto My favorite was one from someone who... I think it was a claim to represent all of humanity. The subject line reads "Bitcoin is unrecognized by the central government of the world and can be known."
The documents don't show if he ever responded to that one. If you want to read the full cache of emails, you can do so here.
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