Last night, President Trump signed the “Digital Assets” Order (EO), and let’s just say Bitcoians feel … Acid. Originally, rumors swirled that this could be the long -awaited Strategic Bitcoin Reserve (SBR) legislation. But no – not even close. Bitcoin Reserve did not get a single publicity.
Instead, eo said:
“The working group must evaluate the potential creation and maintenance of a national warehouse of digital assets and propose criteria for the establishment of such warehouse, potentially derived from cryptocurrencies legally seized by the federal government through its law enforcement effort.”
Translation: This eo looks like a vag “let’s study shitcoins” driving schedule rather than a brave step toward a strategic Bitcoin reserve. If you were hoping for a national state’s orange pill moment, it’s not.
But before you rage tweeting, take a deep breath. There is silver for. EO prohibits CBDCs – a huge win for freedom money and a more Bitcoin -adapted future.
And as Senator Cynthia Lummis reminded us of yesterday, her strategic Bitcoin reserve is Bill “A big boost”:
Why is this good news? Let’s divide it:
- Notices are fragile: EOs are quick to implement, but can be easily reversed by the next administration. They are political post-it notes, not permanent corrections.
- Legislation is sustainable: Laws passed through both congressional houses are far more difficult to cancel. Lummer’s long -term strategy aims to cement Bitcoin’s role in the US economy for generations, not just the next election cycle. She takes the route with a low -time preference and I pay tribute to her.
Senator Lummis said it even in an x DM, she gave me permission to share:
“Even if EO had been a direct strategic Bitcoin reserve, the next administration (after Trump) could regret it (what has been done administratively can generally undone administratively). So to get the 20-year minimum hodl as mine Bills require, and in a meaningful way, addressing US debt, we need to review the legislative process (review through both parliament and the Senate) to get it to the president’s desk for signature.
It is really important that we have momentum for a marathon, not a sprint. I don’t want people to become discouraged. The course is for the moon, but we have to hold on to it and work the process. There’s a lot to do, but EO was a good starting point to get us there. “
So yeah, eo feels like a quick win for crypto chiefs who are eager to pump their bags. But the real struggle for Bitcoin’s future has just begun.
A Congress -approved SBR is better than an SBR via Executive Order. Full stop!
Bitcoin has always thrive in adversity. Whether it is prohibition, restrictions or now “national stock of digital assets” nonsense, Bitcoin’s resilience is unmatched. As Senator Lummis is working to push the strategic Bitcoin reserve Bill through Congress, individual states are already leading the charge. States introduce Bitcoin-specific reserve legislation, not vague “digital active” plans.
Meanwhile, the global momentum is being built up. Putin did not say, “No one can control digital assets,” he said, “nobody can control Bitcoin “. National states are not about to fomo to $ Trump or Fartcoin. They see, learn and get closer to Bitcoin.
Bitcoin wins because it’s superior money. Any news, even setback, is ultimately bullish for bitcoin because it reveals weaknesses in Fiat and strengthens Bitcoin’s tale. So be patient. The slow combustion will be worth it.
See you in Vegas – and remember: Best money wins.
This article is one Take. Promised opinions are exclusively the author’s and do not necessarily reflect those from BTC Inc or Bitcoin Magazine.