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US Strategic Bitcoin Reserve Confirmed!

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Manage episode 470134702 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

President Trump has officially signed an Executive Order establishing a U.S. Strategic Bitcoin Reserve, marking a major shift in financial policy. The reserve will be funded using Bitcoin seized in criminal and civil asset forfeiture proceedings, ensuring no cost to taxpayers. The U.S. government is estimated to hold 200,000 BTC, worth approximately $17.5 billion, though a full audit has never been conducted—something this order now mandates. Unlike past government sales that led to billions in lost value, the U.S. will now hold its Bitcoin as a long-term store of value, treating it as a “digital Fort Knox.” Additionally, a Digital Asset Stockpile has been created to manage other forfeited cryptocurrencies, but the government will not acquire additional altcoins beyond forfeitures. Treasury and Commerce Secretaries are also authorized to develop budget-neutral strategies for acquiring more Bitcoin.

This move carries major geopolitical and economic implications. By securing a Bitcoin reserve first, the U.S. may push other nations to accumulate BTC, sparking a global race for digital gold. This aligns with game theory dynamics, where first-movers gain an advantage, increasing Bitcoin’s network effects and strengthening its position as a global reserve asset. Countries without Bitcoin reserves could find themselves at an economic and strategic disadvantage, reshaping international monetary policy. With this Executive Order, the U.S. signals its intent to lead in the digital asset space, reinforcing President Trump’s vision of making America the “crypto capital of the world.”

Get intouch with Myles at [email protected]

  continue reading

78 episodes

Artwork
iconShare
 
Manage episode 470134702 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

President Trump has officially signed an Executive Order establishing a U.S. Strategic Bitcoin Reserve, marking a major shift in financial policy. The reserve will be funded using Bitcoin seized in criminal and civil asset forfeiture proceedings, ensuring no cost to taxpayers. The U.S. government is estimated to hold 200,000 BTC, worth approximately $17.5 billion, though a full audit has never been conducted—something this order now mandates. Unlike past government sales that led to billions in lost value, the U.S. will now hold its Bitcoin as a long-term store of value, treating it as a “digital Fort Knox.” Additionally, a Digital Asset Stockpile has been created to manage other forfeited cryptocurrencies, but the government will not acquire additional altcoins beyond forfeitures. Treasury and Commerce Secretaries are also authorized to develop budget-neutral strategies for acquiring more Bitcoin.

This move carries major geopolitical and economic implications. By securing a Bitcoin reserve first, the U.S. may push other nations to accumulate BTC, sparking a global race for digital gold. This aligns with game theory dynamics, where first-movers gain an advantage, increasing Bitcoin’s network effects and strengthening its position as a global reserve asset. Countries without Bitcoin reserves could find themselves at an economic and strategic disadvantage, reshaping international monetary policy. With this Executive Order, the U.S. signals its intent to lead in the digital asset space, reinforcing President Trump’s vision of making America the “crypto capital of the world.”

Get intouch with Myles at [email protected]

  continue reading

78 episodes

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