Bitcoin Included in U.S. Financial Strategy: Celebration or New Troubles?
On March 7, 2025, President Donald Trump signed an executive order to incorporate Bitcoin into the U.S. financial strategy, instantly igniting excitement in the cryptocurrency community. This is seen as a key step towards institutional recognition, and Bitcoin's status as 'digital gold' seems to be a natural outcome. However, the market's reaction doused the enthusiasm—prices briefly fell below $85,000, and investors were clearly concerned about potential regulations, with jokes proliferating on X: 'As soon as Trump signs, Bitcoin plummets!'
The core of this executive order is to classify Bitcoin as a strategic asset, which may involve national reserves or encourage institutional holdings. For those optimistic about cryptocurrencies in the long term, this is great news. Banks may launch Bitcoin deposits, and you might even buy coffee at supermarkets with BTC; the days of mainstream adoption seem near. At the White House summit, Trump called Bitcoin a 'symbol of American innovation,' and the world's eyes are on the U.S. to see how it plays this card. If policies are well implemented, Bitcoin's acceptance could significantly increase within a few years.
But there are also many troubles. The government’s involvement is likely to be followed closely by regulation. Future implications might include trading declarations, new tax regulations, or even holding limits. If the free-spirited Bitcoin is overly regulated, its allure could diminish. The declining trend reflects such concerns, with some shouting: 'This is not recognition, it's a noose!' Others worry that government stockpiling of Bitcoin might drive up prices, pushing retail investors out, turning it into a 'national game.'
What’s my take? In the short term, the market will continue to fluctuate, with the $85,000 mark likely to be tested repeatedly. In the long term, government participation might push Bitcoin towards mainstream acceptance, but the premise is to ensure that regulation does not become a stumbling block. Trump's gamble is worth watching, but the cryptocurrency world is deep, and the government's involvement may not be entirely beneficial. Let's just enjoy the spectacle and patiently wait to see how far this 'national Bitcoin dream' can go!