Bitcoin Included in U.S. Financial Strategy: Celebration or New Trouble?

On March 7, 2025, President Donald Trump signed an executive order to include Bitcoin in the U.S. financial strategy, instantly igniting the cryptocurrency community. This is seen as a key step for institutional recognition, and Bitcoin's status as 'digital gold' seems to be a natural outcome. However, the market's reaction poured cold water on the situation—prices briefly fell below $85,000, with investors clearly expressing concerns over potential regulations, and there were constant jests on X: 'Once Trump signs, Bitcoin will plunge off a cliff!'

The core of this executive order is to classify Bitcoin as a strategic asset, which may involve national reserves or encouraging institutions to hold the currency. For those optimistic about crypto in the long run, this is a windfall. Banks may introduce Bitcoin deposits, and you could buy coffee at supermarkets with BTC; the days of mainstream adoption seem close at hand. During a White House summit, Trump referred to Bitcoin as 'a symbol of American innovation,' with global attention focused on how the U.S. will play this card. If the policy is implemented properly, Bitcoin's acceptance could increase significantly within a few years.

But there are also significant troubles. With the government entering the arena, regulations will soon follow. There may be future trading declarations, new tax regulations, or even limits on holdings. If free Bitcoin is overly regulated, its allure may be diminished. The downward trend reflects these concerns, with some exclaiming: 'This is not recognition; it’s a noose!' Others worry that the government hoarding Bitcoin could drive up prices, pushing retail investors out and turning it into a 'national game.'

My view? In the short term, the market will continue to fluctuate, with the $85,000 level likely to be tested repeatedly. In the long run, government involvement may push Bitcoin towards mainstream acceptance, but the prerequisite is not to let regulations become a stumbling block. Trump's gamble is worth watching, but the cryptocurrency waters are deep, and the government's involvement may not all be beneficial. Let’s just enjoy the spectacle and patiently wait to see how far this 'national Bitcoin dream' can go!