US President Donald Trump officially made the United States the largest carrier of the National State of Bitcoin by signing an executive order this evening to create a bitcoin strategic reserve. The reserve will retain about 200,000 BTC, which represents a major transformation in the US financial strategy and the promotion of Bitcoin in the global economy.
David Sachs, President Trump Trump Chefir, presented more clarification about the newly created reserve, noting that the reserve will be funded by Bitcoin already owned by the federal government, specifically the assets it lost in the procedures for confiscating criminal and civil assets. “This means that the taxpayers will not cost ten cents,” he confirmed.
The executive also provides for a comprehensive audit of Bitcoin's Bitcoin holdings, as the accurate amount of BTC has not been calculated under the full control of the United States. The bags noted: “Estimates indicate that the United States government possesses about 200,000 Bitcoin; however, there was no full scrutiny. EO directs full accountability for the federal government's digital assets.”
The main judgment of the executive matter guarantees that the government will not sell any bitcoin deposited in the reserve. Instead, it will serve as a long -term store for value, as bags are similar to a “digital fortress for cryptocurrency, often called” digital gold “.
With the highlight of previous financial errors, the bags explained how early sales of Bitcoin by the government cost taxpayers more than $ 17 billion in the lost value. With the new reserve, the administration seeks to avoid such losses while increasing the value of Bitcoin in the long run.
In addition, the executive matter gives treasury and trade secretaries the authority to develop neutral budget strategies to gain more bitcoin, provided that these acquisitions do not come without a gradual cost of American taxpayers.
The executive will also create a stock of digital assets in the United States, which will include digital -non -bitcoin digital assets seized in confiscation procedures. However, no additional assets will be obtained for this stock behind those obtained through these means.
Sacks concluded by praising the administration's commitment to digital assets: “President Trump promised to create a strategic reserve for bitcoin and the stock of digital assets. These promises were kept.” The main officials, including Treasury Secretary, Scott Besin, the Minister of Commerce, Howard Lottenic, and CEO, Bo Heinz, for their role in implementing this initiative.
This prominent decision places the United States at the forefront of the global bitcoin economy. Through this step, President Trump's administration indicates a bold embrace of Bitcoin as an essential element in the national financial strategy.
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