The Trumps' Crypto Project Just Got One Step Closer to Becoming a Bank (motherjones.com)

And yet BTC keeps falling. as always, trump get richer as everyone who invests get poorer

I’m reading this and I’m amazed. The guy is capturing all wealth of the US into private hands, releases a digital currency almost sounding like an official US currency under private venture, and people in the US clap? I think it could be the best time to review own morals.

Prediction: these last two years mark the beginning of the end of US financial hegemony.

So what is the benefit in this? A bank can do what exactly more than they are doing now?