A 12-foot golden statue of Donald Trump, holding a Bitcoin, was unveiled outside the U.S. Capitol coinciding with a Federal Reserve interest rate cut. Funded by the creators of a meme coin called DJTGST, the statue aims to spark discussions on government currency and digital innovation. While supporters see it as a tribute to Trump's alleged pro-Bitcoin stance, critics argue it reduces complex financial issues to spectacle. Commentary likens the statue to religious iconography, with reactions on social media ranging from mockery to admiration. Economists caution that such events might undermine the Federal Reserve's credibility, highlighting the increasing tension between political theatrics and institutional integrity. The statue was displayed temporarily, igniting ongoing controversy.

Source 🔗