President Trump signs executive order officially creating a Bitcoin Strategic Reserve.

https://v.redd.it/p9oyc4ucu5ne1

by Equivalent_Baker_773

46 comments

  2. he waited till it dropped and now it will rocket…that’s not questionable or anything lol

  4. Not really knowledgeable on crypto. Can someone explain the reasoning and ramifications of this. Knowing Trump it can’t be a morally good thing and is done out of his greed.

  5. Officially? How – it’s not legally within his powers.

  6. 🤨 an executive order does shit!
    All this is, is another pump and dump!

    When Congress passes a law and it’s signed by him, then you can get happy.

  8. Conservatives thinks than when their fellon is doing crimes on open camera everything is fine…. They believe trumps lies that it is everyother person that is criminal and when Trump does something it is justified -.-

  9. A strategic reserve of oil or gas or medical supplies makes sense. This makes no sense. If we suddenly ran out of cryptocurrency, it would probably be for the best.

  10. It is not good to have something as reserved asset when US has no control on it, and reserve should be something relatively stable on price as well. We shall see.

  11. With what money is he doing this with?…like…the US doesn’t technically have any: We are in debt trillions and trillions of dollars.

    And I thought congress had the purse strings…?

    How does this work?

  12. so hes just going to use my tax money to buy billions in crypto? fuck you.

  14. this is fucking stupid – he doesn’t even know what he’s signing.

  15. AOC was right. Life in the US is feeling more like a scam every single day.

  16. He couldn’t explain what bitcoin is or how it works if you gave him 10 days and $20 Billion.

  17. We’re 36 trillion in debt, can’t afford to provide healthcare or education for Americans, but we can afford crypto?

  18. Tomorrow’s headline: Trump pauses decision to officially create a “bitcoin strategic reserve” until the polls come in on how popular his “very smart” idea is.

  19. This is the single most dumb and dangerous thing he is doing (if he’s even able to do it without congress….)

    Literally just a Russian rug pull…

  20. Per Reuters:

    “It is not clear how such a reserve would work or how it would benefit taxpayers.“

    Sounds about right.

  21. Just setting up our Federal Reserve to be hacked by Russi, I mean some unknown entity

  22. Let’s gooooooo ….. the biggest pump and dump is about to begin

  24. I dare any reporter out there to ask Trump to explain how bitcoin works. Oh wait…there are not any real reporters left in the press pool. I wonder why?

  25. Some years ago one of his ex-former-adviser said: “he considers americans voters like enemies” – or something like this. Plenty.
    Would be glad if someone know the source for it or has the article.

    Because what he’s doing looks like sabotage.

  26. I’m no EO aficionado, but is it normal procedure for some talking head to explain to POTUS what he is signing? I cannot recall ever seeing this until just a few weeks ago.

    Trump just sitting there like a senior signing g their life’s savings away to some huckster.

  27. He’s damned and determined to ruin the United States economy and democracy.

  28. He looks like my dementia ridden 90 year old grandad. Nodding along like he know wtf is going on around him

  30. They’re just keeping the Bitcoin they already have. Not adding any new funds.

  31. I can’t stress this enough: for the Republic to survive, we must tax the billionaires out of existence.

  32. For all the people crying who didnt read it. This stockpile cant be bought with tax dollars. Basically all the bitcoin that has been confiscated is now the stockpile. Just shows people dont read but reas headlines

  35. President Donald Trump signed an executive order today establishing a Strategic Bitcoin Reserve, which will hold approximately 200,000 bitcoins seized through criminal and civil asset forfeiture proceedings. This move positions the United States as one of the largest holders of bitcoin globally. 

    Historically, such significant governmental endorsements of bitcoin have led to increased market confidence and price appreciation. For instance, El Salvador adopted bitcoin as legal tender in 2021 and has continued to bolster its reserves, recently surpassing 6,000 bitcoins. While this strategy has attracted global attention, it has also faced challenges, including volatility and scrutiny from international financial institutions. 

    The immediate impact of the U.S. establishing a Strategic Bitcoin Reserve has been an uptick in bitcoin’s price, reflecting heightened investor confidence. However, the long-term effects will depend on the government’s management of these assets and the broader adoption of cryptocurrencies in the financial system. As more countries consider integrating bitcoin into their reserves, the cryptocurrency’s value could experience increased stability and growth.   

  38. Pretty sure that would fall under Congressional authority under the Constitution as it involves power over the purse. I wonder if it will be sued.

  40. I don’t understand….he wants legitimize his bribes?

  41. Doesn’t this have to go through Congress? He has already signed a lot of impotent executive orders, is this just another lame attempt to look like a strong man?

  42. How is this remotely Constitutional? The executive branch cannot invent a new monetary vehicle without a law.

  45. What people don’t understand is the U.S. isn’t spending taxpayer money to buy Bitcoin—**yet**.

    Right now, the Strategic Bitcoin Reserve (SBR) is just consolidating Bitcoin the government already owns from criminal seizures. Step one is literally cleaning up the mess: getting all that BTC accounted for, secured, and under one roof. Think of it like finding money in your couch cushions before you even consider opening your wallet.

    First, audit and centralize existing holdings.

    Second, use **budget-neutral** moves (like the Exchange Stabilization Fund) to accumulate more without new costs.

    Third, build momentum and eventually lock it all in through bipartisan legislation so it can’t just get rug-pulled by the next administration.

    The game theory here is wild because if the U.S. doesn’t move fast, you better believe China, Russia, and the Gulf states will. And once that race kicks off, good luck catching up.

    So no, we’re not at the stage where Congress is allocating billions to buy Bitcoin with tax dollars. But the setup is in motion. First they stop selling seized coins. Then they hoard. Then they accumulate. Gradually… then suddenly.

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