The United States may well be on its way to having the world's first "nationally accepted" cryptocurrency. 

Before you begin to get all jittery, no it was not created by the Central Bank neither is it being controlled by any arm of the Federal Government. 

This is purely a private initiative; a startup like every other, but with a difference. These things don't happen overnight. 

Introducing The Rump; national cryptocurrency of the USA. 

"Rump is a lot better than Bitcoin, Ethereum, and other coins put together" - Rump Inc., Insider.

Taking a look at the founding team, you can easily see that they have over a century of technical and business experience between them. 

This is no small feat and they all look to be the brightest minds from your favorite startups and big corporations (or at least they were at some point). 

The company had been in complete stealth for over five years, operating out of a office somewhere in New York City. It is said to be built on the most advanced and secure Blockchain with other features that will remain "undisclosed". 

This Blockchain was built to check all the shortcomings of already existing coins and that's all the details there is to that. I find this a bit too cryptic but I believe anything the US is planning to deploy and use on a large scale must have been well built and thoroughly tested. 

How will The Rump be used? 

The Federal Government plans to begin its adoption and use by paying out salaries to its staff with it. "As early as the coming quarter, all staff of federal agencies would begin to receive their salaries in The Rump." a source said. This means members of congress, the FBI, staff at the pentagon, and so on.

Also, any transaction which needs to be conducted with the United States would now no longer be done using the dollar. This is certain to drive up demand for The Rump and thereby increasing its value by the thousands. 

There is also the plan to grant some sort of tax relief to companies that start accepting The Rump. It's very clear to the government that their workers salary would not be useful to them if they have nowhere to spend this money. Instead of forcing companies to accept this coin, the government is instead offering incentives and this is the first, with many said to still be in the works. 

Given that most information available about "this coin" happens to all be "in stealth mode" or "undisclosed", I tried a little research to find out, as you've been wondering all along, why the US chose this and not Bitcoin. 

Why should you dump other alt-coins for The Rump?

First thing I noticed was that this company was completely bootstrapped the whole time. Well I guess if you want to indeed stay stealth you should be more than capable. 

One major reason for the adoption by US would definitely be that it either has a stake in the company or some highly placed and influential figures have stakes on it. This could mean a more stable currency and one that is here for the long run. 

This leads to my second point; 

Rump Inc., has been operating out of the Trump Towers in New York all these while. Why is this so? 

It's a well known fact that staying in Trump Towers doesn't come cheap and although the company is said to have some HUGE backers, being headquartered here makes me want to ask; is President Trump involved? Or he was maybe impressed with their initial pitch deck and decided to accommodate them. Or is that why the coin is called The Rump? 

Either way, it's very clear to see that the Rump isn't going anywhere soon and now will be the best time to buy. 

Still waiting for a reason to buy The Rump? Well because there would be huge demand for it pretty soon majorly because you don't get taxed when you spend or receive Rump. Dump every other cryptocurrency you have for The Rump. This is the future.

A source has said the switch to The Rump will save the government billions of previously wasted dollars. So what's the future of the once beloved US Dollar? 

* The author holds a sizable interest in Rump and other cryptocurrency.

** This article first appeared in Forbes on August 17, 2031. 

*** This article should not be taken as financial advice and personal research should be done before trading cryptocurrency.