Last night, President Trump signed the executive order “Digital Assents” (EO) and we just say that bitcoiners feel … acids. Initially, the rumors made it disturb that this could be the legislation of Bitcoin Reserve (SBR) for a long wait. But no – not even close. Bitcoin Reserve did not receive only one mention.
Instead, the eo said:
“The working group will evaluate the potential creation and maintenance of a supply of national digital activities and continue the criteria to establish this escort, potentially derived from the cryptocurrencies legally seized by the Federal Government through its law enforcement.”
Translation: This eo looks like a vague roadmap “We study Shitcoins rather than a bold step towards a strategic bitcoin reserve. If you hoped in a moment of the orange pill of the national state, this is not true.
But before tweet anger, make a deep breath. There is a silver coating. The EO is outlaw CBDCS: a great victory for the money for freedom and a future more aligned in Bitcoin.
And, as Senator Cynthia Lummis reminded us yesterday, her strategic Bitcoin reserve bill is “a great lift“:
Why this good news? Let’s break down:
- Executive orders are fragile: the EOS are quick to implement but can be easily reversed by the next administration. They are post-it political notes, not permanent corrections.
- The legislation is durable: the laws approved through both Congress houses are much more difficult to repeal. Lummis’s long -term strategy aims to cement the role of Bitcoin in the United States economy for generations, not only in the next electoral cycle. He is taking the preference path of low time and greeting it for this.
Senator Lummis said it alone in an X DM allowed me to share:
“Even if the EO had been a real strategic Bitcoin reserve, the next administration (after Trump) could cancel it (what has been done administratively can generally be canceled administratively). So, in order to obtain the minimum of 20 years Hodl, that my bill requires, and significantly deals with the American debt, we must go through the legislative process (passage both through the Chamber and the Senate) to bring it to the desk of the president signature.
It is really important that we have a momentum for a marathon, not a sprint. I don’t want people to discourage themselves. The trajectory is on the moon but we must stick and work the process. Much to do, but the EO was an excellent leap point to take us there. “
So yes, the EO feels like a quick victory for the cryptographic managers eager to pump bags. But the real struggle for Bitcoin’s future is just at the beginning.
An SBR approved by Congress is better than an SBR through executive order. Full stop!
Bitcoin has always thrived in adversity. Whether it is prohibitions, restrictions or now the national “digital stock exchange” absurdity, Bitcoin’s resilience has no equal. While Senator Lummi works to push the strategic bill of Bitcoin reserve bill through the congress, the individual states are already guiding the accusation. States are introducing specific reserve legislation for Bitcoin, not vague plans of “digital resources”.
In the meantime, the global momentum is building. Putin did not say: “Nobody can control digital resources,” said “nobody can check Bitcoin “. National states are not for Fomo in $ trump or farcoCoin. They are looking, learning and approaching Bitcoin.
Bitcoin wins because it is a higher money. Each piece of news, including arrest trips, is ultimately bullish for Bitcoin because it exposes weakness in the Fiat and strengthens Bitcoin’s narrative. So it remains patient. The slow burns will be worth it.
See you in Las Vegas – and remember: the best wins.
This article is a Take. The opinions expressed are entirely those of the author and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.