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Posted

I have to admit I was very worried when Trump started talking about adding sh!tcoins like XRP to the strategic reserve.

 

But this executive order clearly separates out Bitcoin only as part of the Strategic Reserve which is to be accumulated (by any budget neutral means available) and never sold, with other coins relegated to a Digital Asset Stockpile that will never be purchased, only seized and liquidated at the discretion of the Secretary of the Treasury.

 

Honestly you couldn't have asked for a better policy.

 

Here is the actual EO:

 

https://www.whitehouse.gov/presidential-actions/2025/03/establishment-of-the-strategic-bitcoin-reserveand-united-states-digital-asset-stockpile/

  • Agree 1
Posted

'A pig in lipstick': Trump's strategic Bitcoin reserve criticized

...."No active buying means this is just a fancy title for Bitcoin holdings that already existed with the government,"

...." some crypto enthusiasts have criticized the government for not being bolder, while others have raised question marks about the lack of transparency over the process."

 

https://www.yahoo.com/news/why-did-trump-just-establish-034819785.html

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