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WASHINGTON, DC - MARCH 07: U.S. President Donald Trump and White House Crypto Czar David Sacks speak ... [+] at the The White House Digital Assets Summit at the White House on March 07, 2025 in Washington, DC. The Summit, which comes a day after Trump established a U.S. bitcoin reserve, will bring together industry experts and lawmakers for dialogs on market structure, regulations and cryptocurrency adoption. (Photo by Anna Moneymaker/Getty Images)
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President Donald Trump has signed an executive order establishing a "Strategic Bitcoin Reserve" (SBR) and a "United States Digital Asset Stockpile."
Few grasp the profound implications of this policy shift. Trump hasn’t merely ‘legitimized’ the crypto industry, but has finally spelled out to the world what is overwhelmingly the most important part of this asset class.
Bitcoin: The Chosen One
By creating the “reserve” and “stockpile” as separate entities, the U.S. government has effectively anointed bitcoin as a unique asset, distinct from the myriad of other cryptocurrencies. The executive order mandates that all Bitcoin seized or forfeited by federal agencies be consolidated into the SBR and, crucially, "shall not be sold."
The White House now explicitly recognizes the power of bitcoin’s scarcity and its role as a store of value—qualities reminiscent of gold. Indeed, in just a few years, Bitcoin’s “digital gold” metaphor has evolved from an internet meme, into an investment thesis for the world’s largest money managers, to a truth certified by the President in his executive order.
In stark contrast, the U.S. Digital Asset Stockpile will house other seized cryptocurrencies, but with a markedly different approach. The government "shall not acquire additional Stockpile Assets" beyond those obtained through forfeiture or penalties – which are a tiny fraction of its digital asset holdings already.
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