What's this about a crypto reserve?

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  Npr.

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  This is the indicator from Planet Money.

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  I'm Jeff Guo.

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  And I'm Paddy Hirsch.

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  President Trump's executive order earlier this month to create a strategic bitcoin reserve and digital asset stockpile made the crypto communities pulse jump.

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  The crypto summit that followed, however, was something of a letdown.

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  And two weeks on, the world is wondering, what was all that crypto kerfuffle all about?

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  Crypto evangelists had been hoping to hear

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  that the government would be fully committed to supporting and buying crypto and that crypto gains would be exempted from taxes.

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  Now, on the surface, it doesn't seem like either of those things is going to happen.

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  Still, the creation of the reserve has raised a lot of questions.

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  Why did President Trump create this reserve?

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  Does the US need one?

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  Who benefits?

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  Where's the money coming from?

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  And of course, what could possibly go wrong?

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  The answer to all of these questions and more coming up after the break.

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  Are we overlooking the challenges facing men without college degrees?

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  Richard Reeves thinks so.

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  There are a lot of guys out there who are actually poorer than their dads.

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