#BTCvsMarkets Bitcoin has just recorded a symbolic victory: President Donald Trump officially signed a decree establishing the United States Bitcoin Strategic Reserve (BSR). This is the first time a major country has officially recognized Bitcoin as a strategic reserve asset, opening a new era for the role of cryptocurrency in the global economy.

What makes this decision shocking is Bitcoin's journey 'from zero': from a technology discussed in anonymous email groups, to being included by the government of the world's number one economy into the national asset vault, alongside gold at Fort Knox.

The establishment of #BSR is the result of a year of continuous advocacy from the global Bitcoin community, which hopes that countries – especially the U.S. – will regard BTC as 'digital gold' and hoard it in the long term.

However, this decree still does not meet the community's wishes: no plans to buy more, no expansion of reserves, and no conversion of other assets (such as gold) into Bitcoin – at least not at this time.

But realistically, this is the first and extremely strong precedent: if a U.S. President has turned Bitcoin into a national asset, the likelihood of the U.S. government imposing a ban on BTC in the near future is almost zero. The existence of the BSR Fund is the strongest political shield for Bitcoin in the largest market in the world.