(Patriot.Buzz) – President Donald Trump is fulfilling a key campaign promise with a bombshell executive order to secure America’s financial future.
Using over $17 billion worth of Bitcoin already seized from criminals, the president is establishing the Strategic Bitcoin Reserve to position America as the “crypto capital of the world.”
This groundbreaking initiative could revolutionize how the government protects national wealth and comes with a bonus: it will not spend a dime of taxpayer money.
The reserve will initially hold nearly 200,000 bitcoin tokens worth over $17 billion, which the government has obtained through criminal seizures and civil forfeitures.
This unprecedented move will turn assets once used by criminal enterprises into national financial resources.
“I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry. Our country must be the leader in the field,” President Trump stated in the White House announcement of the initiative.
The Strategic Bitcoin Reserve represents a dramatic shift from the previous administration’s hostile approach to cryptocurrency.
Under Joe Biden, government agencies aggressively targeted crypto companies with lawsuits and regulations.
The Trump administration has already dropped Securities and Exchange Commission lawsuits against major cryptocurrency exchanges and paused a civil fraud case against a crypto entrepreneur.
The executive order named five cryptocurrencies for the reserve: Bitcoin, Ethereum, XRP, Solana, and Cardano.
Market prices for these digital assets rose following the announcement, showing the immediate positive impact of President Trump’s pro-crypto stance.
By embracing rather than fighting against this technological revolution, the administration is ensuring America does not fall behind while other nations capitalize on crypto’s potential.
Conservative investor David Sacks described the initiative as creating “a digital Fort Knox for the cryptocurrency.”
The Bitcoin Policy Institute noted in a statement: “As Bitcoin matures and its market deepens, its volatility is likely to decrease, making it more stable as a store of value.”
Perhaps most importantly for fiscal conservatives, the establishment of this reserve comes at zero cost to American taxpayers.
The government is simply repositioning assets it already owns through proper legal channels.
Furthermore, the Secretaries of Treasury and Commerce have been instructed to develop budget-neutral strategies for potentially expanding the reserve without imposing costs on taxpayers.
The order also addresses bureaucratic inefficiency by centralizing control of government-held digital assets.
Previously, cryptocurrencies seized through forfeiture were handled inconsistently by various federal agencies, creating a disjointed approach that failed to maximize their potential value.
President Trump has appointed a “crypto czar” and is hosting the first-ever crypto summit at the White House, signaling his serious commitment to establishing America’s leadership in this rapidly evolving field.
These moves further demonstrate his administration’s understanding that digital assets represent not just financial instruments but a technological frontier where American leadership is essential.
While leftist critics predictably oppose the plan by citing cryptocurrency’s volatility, supporters recognize this initiative as a strategic move against economic uncertainty and government overspending.
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it…
— David Sacks (@davidsacks47) March 7, 2025
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