Trump Signs Order to Establish Bitcoin Reserve
Despite the major executive order, BTC price is still trading below $90,000.
President Trump has signed an executive order to create a Strategic 
Bitcoin Reserve, likening it to a digital Fort Knox.
What’s the Scoop?
- No Cost to Taxpayers: The reserve will be capitalized with Bitcoin forfeited by the federal government in criminal or civil proceedings, ensuring no taxpayer money is spent.
- Digital Asset Accounting: The order mandates a full accounting of federal digital asset holdings, with 198,109 BTC already in possession.
- Digital Fort Knox: Bitcoin in the reserve will not be sold and is held as a store of value, similar to the concept of Fort Knox.
Bankless
It’s time to break up with your bank, and join the movement for a better world.
