Last night, President Trump signed a “Digital Assets” Executive Order (EO) and let's just say Bitcoiners are feeling sour. Initially, rumors were swirling that this could be the long-anticipated Strategic Bitcoin Reserve (SBR) legislation. But no – not even close. Bitcoin Reserve did not receive a single mention.
Instead, EO said:
“The working group will assess the potential creation and maintenance of a national digital asset stockpile and establish criteria for establishing a stockpile that may be derived from cryptocurrencies lawfully seized by the federal government through law enforcement efforts. shall be proposed.”
Translation: This EO looks more like a vague “shitcoins” roadmap than a bold step towards a strategic Bitcoin reserve. If you were hoping for a Pill of Orange moment for the nation-state, this isn't it.
But before you get furious, take a deep breath. There is a silver lining. EO prohibits CBDC. This is a huge win for Freedom Money and a more Bitcoin-aligned future.
And, as Sen. Cynthia Lummis reminded us yesterday, her strategic Bitcoin Reserve bill “big lift”：
Why this good news? Let's break it down:
- Executive orders are weak. EOS is implementing quickly, but it can be easily reversed by the next administrator. They are political post-it notes, not permanent fixes.
- Laws are durable. Laws that pass both houses of Congress are much more difficult to repeal. Lummis' long-term strategy aims to solidify Bitcoin's role in the U.S. economy not just for the next election cycle, but for generations. She's taking the lower time priority route, and I salute her for that.
Senator Lummis said herself in the x dm she allowed me to share:
“Even if EO was a completely strategic Bitcoin reserve, the next administration (after Trump) could undo it (what was done administratively is generally Therefore, in order to get the 20-year minimum HODL that my bill seeks, and to get a meaningful HODL on America's debt, the legislative process (the House and Senate) is necessary. (pass both) signs.
It's really important to have the momentum of a marathon, not a sprint. I don't want people to be discouraged. The trajectory is on the moon, but we have to stick with it and make the process work. There's a lot to do, but EO was a great fly-off point to get us there. ”
Yes, EO feels like a quick win for Crypto executives looking to pump the bag. But the real battle for Bitcoin's future is just beginning.
The SBR authorized by Congress is superior to the SBR by executive order. Full stop!
Bitcoin has always thrived in adversity. Whether it’s bans, restrictions, or “National Digital Asset Reserve” nonsense, Bitcoin’s resilience is unparalleled. Individual states are already leading the charge as Sen. Lummis works to push the Strategic Bitcoin Reserve Act through Congress. States are introducing Bitcoin-specific reserve legislation rather than vague “digital asset” plans.
Meanwhile, global momentum is building. Putin did not say that “no one can control digital assets,” he said. Bitcoin”. The nation is unlikely to fomo to $trump or fartcoin. They are approaching, learning, and inching towards Bitcoin.
Bitcoin wins because it is good money. Any news, even setbacks, is ultimately bullish for Bitcoin as it exposes fiat weaknesses and strengthens Bitcoin's story. So be patient. The slow burn is worth it.
See you in Las Vegas – and remember: The highest money wins.
This article is a take. The opinions expressed are solely those of the author and do not necessarily reflect the opinions of BTC Inc or Bitcoin Magazine.
