Donald Trump and his so-called “crypto czar” David Sacks are making waves in the cryptocurrency world, and not in a good way. Recently, they unveiled a plan for a “Crypto Strategic Reserve” that’s already raising a few eyebrows, and not just from the usual conspiracy theory crowd.

Just when you thought Trump was content with his past Twitter drama, he took to Truth Social to announce that the U.S. government is ready to throw taxpayer dollars into five specific cryptocurrencies: Bitcoin, Ethereum, XRP, Solana, and Cardano. Because, of course, it’s only the rich who deserve a parachute when their investments nosedive.

After Trump made his announcement, the crypto market did what it does best: it bounced back temporarily, with Bitcoin going from about $85,000 to a dizzying $95,000. But don’t get too cozy; the cheer was short-lived, as most cryptocurrencies have since returned to their pre-announcement values. It’s like a roller coaster for the wealthy, while the rest of us are just here for the ride, without a ticket.

Critics have quickly pointed out the absurdity of the move. With the administration supposedly working to cut costs, suddenly deciding to purchase cryptocurrencies raises a few red flags. Is this some sort of Hail Mary to protect rich investors while the average Joe struggles with inflation? You could say it’s rich folks getting a government-sponsored life raft… again.

Sacks, a venture capitalist, tried to play it cool by stating that they haven’t announced any taxes or a spending program yet. “Maybe you should wait to find out what’s actually being proposed,” he quipped. But let’s be real, how many times have we heard this before?

Many are now questioning Sacks’ motives, particularly since he’s had past investments in the very cryptocurrencies he wants the U.S. to embrace. Craft Ventures, the firm he leads, has significant holdings in these digital assets. Call it a dirty little secret or a blatant case of self-serving opportunism. Either way, it’s hard to ignore the connections.

As we patiently wait to see what unfolds, it’s worth remembering that the crypto market is about as stable as a house of cards in a tornado. And regardless of the flashy promises, it’s the average taxpayer left holding a bag, or maybe a meme coin.

In a world where the rich keep getting richer, we can only hope that the rest of us don’t get left behind, again.

Feel free to keep your eyes peeled; this crypto circus isn’t going anywhere!