The US Government's Strategic Bitcoin Reserve concept gains traction amid President Trump's executive order, hinting at Bitcoin's potential role in bolstering the dollar against geopolitical pressures, especially from China.

Was the US Government’s Strategic Bitcoin Reserve a mirage? Recently, President Donald Trump broke Bitcoiners' hearts by announcing the creation of a Working Group to “evaluate the potential creation and maintenance of a national digital asset stockpile.” That’s right, that executive order doesn’t even mention Bitcoin. Instead, it uses the suspicious “digital assets” moniker.

However, let’s be honest, what conclusion could the Working Group reach other than “Bitcoin is the only digital asset worth owning”?

No-coiners, 99% of the country, will have other questions in mind though. Why does the US need a Strategic Bitcoin Reserve in the first place? Wouldn’t that jeopardize the Dollar’s status as the world’s reserve asset? We’ll answer their questions, but first, consider this quote by former U.S. Secretary of the Treasury Henry H. Fowler:

"Providing reserves and exchanges for the whole world is too much for one country and one currency to bear."

Let’s explore the dark side of issuing the world’s reserve currency and how a Strategic Bitcoin Reserve might make sense in that scenario.

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