{"id":90213,"date":"2025-01-27T03:03:22","date_gmt":"2025-01-27T03:03:22","guid":{"rendered":"https:\/\/neclink.com\/index.php\/2025\/01\/27\/trumps-digital-assets-executive-order-may-not-last-senator-lummis-is-doing-it-right\/"},"modified":"2025-01-27T03:03:22","modified_gmt":"2025-01-27T03:03:22","slug":"trumps-digital-assets-executive-order-may-not-last-senator-lummis-is-doing-it-right","status":"publish","type":"post","link":"https:\/\/neclink.com\/index.php\/2025\/01\/27\/trumps-digital-assets-executive-order-may-not-last-senator-lummis-is-doing-it-right\/","title":{"rendered":"Trump\u2019s Digital Assets Executive Order May Not Last \u2014 Senator Lummis is Doing it Right"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<figure>\n<p>                        <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEyMjc3MDgzMDMwNjkzNTA0\/takes-banner.png\" height=\"91\" width=\"1200\"><\/p>\n<\/figure>\n<figure>\n<p>                        <img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEyMzQ2MjI4MjQ2MDYyNjAx\/profile-pic---laser-eyes.jpg\" height=\"800\" width=\"841\"><figcaption>Follow Anastasia on <a href=\"https:\/\/x.com\/nastyhodl\">X<\/a>.<\/figcaption><\/figure>\n<p>Last night, President Trump signed the \u201cDigital Assets\u201d <a href=\"https:\/\/www.whitehouse.gov\/presidential-actions\/2025\/01\/strengthening-american-leadership-in-digital-financial-technology\/\">executive order<\/a> (EO), and let\u2019s just say Bitcoiners are feeling&#8230; sour. Initially, rumors swirled that this might be the long anticipated Strategic Bitcoin Reserve (SBR) legislation. But nope \u2014 not even close. Bitcoin reserve didn\u2019t get a single mention.<\/p>\n<p>Instead, the EO said:<\/p>\n<p><em>&#8220;The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.&#8221;<\/em><\/p>\n<p>Translation: This EO looks like a vague &#8220;let\u2019s study shitcoins&#8221; roadmap rather than a bold step toward a Strategic Bitcoin Reserve. If you were hoping for a nation state orange pill moment, this ain\u2019t it.<\/p>\n<p>But before you rage tweet, take a deep breath. There is a silver lining. The EO does outlaw CBDCs \u2014 a huge win for freedom money and a more Bitcoin-aligned future.<\/p>\n<p>And, as Senator Cynthia Lummis reminded us yesterday, her Strategic Bitcoin Reserve Bill is \u201c<a href=\"https:\/\/x.com\/CynthiaMLummis\/status\/1882472034007167300\"><em>a BIG lift<\/em><\/a>\u201d:<\/p>\n<figure>\n<p>                        <img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEyMzQ3MTc5MDQ0NDQ3NzUz\/screenshot-2025-01-24-at-94015am.png\" height=\"410\" width=\"1200\"><\/p>\n<\/figure>\n<p>Why is this good news? Let\u2019s break it down:<\/p>\n<ul>\n<li>Executive Orders Are Fragile: EOs are quick to implement but can be easily reversed by the next administration. They\u2019re political Post-it Notes, not permanent fixes.<\/li>\n<li>Legislation Is Durable: Laws passed through both houses of Congress are far harder to repeal. Lummis\u2019 long term strategy aims to cement Bitcoin\u2019s role in the U.S. economy for generations, not just the next election cycle. She is taking the low time preference route, and I salute her for that. <\/li>\n<\/ul>\n<p>Senator Lummis said it herself in an X DM she allowed me to share:<\/p>\n<p><em>\u201cEven if the EO had been an outright Strategic Bitcoin Reserve, the next administration (after Trump) could undo it (what\u2019s done administratively can generally be undone administratively). So, in order to get the 20-year minimum HODL, which my bill calls for, and meaningfully address America\u2019s debt, we have to go through the legislative process (passage through both the House and Senate) to get it to the President\u2019s desk for signature. <\/em><\/p>\n<p><em>It\u2019s really important that we have momentum for a marathon, not a sprint. I don\u2019t want people getting discouraged. The trajectory is to the moon but we have to stick with it and work the process. Lots to do but the EO was a great jumping-off point to get us there.\u201d<\/em><\/p>\n<p>So yes, the EO feels like a quick win for crypto execs eager to pump their bags. But the real fight for Bitcoin\u2019s future is just beginning.<\/p>\n<p>A congressionally approved SBR is better than an SBR via Executive Order. Full stop! <\/p>\n<p>Bitcoin has always thrived in adversity. Whether it\u2019s bans, restrictions, or now the &#8220;national digital asset stockpile&#8221; nonsense, Bitcoin\u2019s resilience is unmatched. As Senator Lummis works to push the Strategic Bitcoin Reserve Bill through Congress, individual states are already leading the charge. States are introducing Bitcoin-specific reserve legislation, not vague &#8220;digital asset&#8221; plans.<\/p>\n<p>Meanwhile, global momentum is building. Putin didn\u2019t say, &#8220;no one can control digital assets,&#8221; he said \u201cno one can control <em>Bitcoin\u201d<\/em>. Nation states aren\u2019t about to FOMO into $TRUMP or FARTCOIN. They\u2019re watching, learning, and inching closer to Bitcoin.<\/p>\n<p>Bitcoin wins because it is superior money. Every piece of news, even setbacks, is ultimately bullish for Bitcoin because it exposes weaknesses in fiat and strengthens Bitcoin\u2019s narrative. So stay patient. The slow burn will be worth it.<\/p>\n<p>See you in Vegas \u2014 and remember: best money wins.<\/p>\n<p><em>This article is a <\/em><em><a href=\"https:\/\/bitcoinmagazine.com\/takes\/bitcoin-magazine-introduces-opinion-takes\">Take<\/a><\/em><em>. Opinions expressed are entirely the author&#8217;s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.<\/em><\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/takes\/trumps-digital-assets-executive-order-may-not-last-senator-lummis-is-doing-it-right\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Follow Anastasia on X. Last night, President Trump signed the \u201cDigital Assets\u201d executive order (EO), and let\u2019s just say Bitcoiners are feeling&#8230; sour. Initially, rumors<\/p>\n","protected":false},"author":1,"featured_media":90214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[151],"tags":[],"class_list":["post-90213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/90213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/comments?post=90213"}],"version-history":[{"count":0,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/90213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media\/90214"}],"wp:attachment":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media?parent=90213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/categories?post=90213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/tags?post=90213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}