{"id":20184,"date":"2025-01-16T15:14:26","date_gmt":"2025-01-16T16:14:26","guid":{"rendered":"http:\/\/medexperts.pro\/?p=20184"},"modified":"2025-01-16T16:35:51","modified_gmt":"2025-01-16T16:35:51","slug":"a-first-day-trump-order-a-federal-stockpile-of-bitcoin","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=20184","title":{"rendered":"A First-Day Trump Order: A Federal Stockpile of Bitcoin?"},"content":{"rendered":"
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The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.<\/p>\n

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A pair of 50-page policy<\/a> proposals<\/a> laying out the plan in detail. Discussions about the specifics with President-elect Donald J. Trump and his advisers. And talks with cabinet nominees about how to pay for it.<\/p>\n

On the eve of Mr. Trump\u2019s inauguration, the cryptocurrency industry is pushing his incoming administration to execute an audacious plan that would have seemed unimaginable<\/a> just a year ago: a government program to buy and hold billions of dollars in Bitcoin.<\/p>\n

As he campaigned last summer, Mr. Trump vowed to create a federal \u201cBitcoin stockpile\u201d<\/a> that would serve as a \u201cpermanent national asset to benefit all Americans.\u201d Bitcoin enthusiasts hailed the idea as potentially transformative, claiming that it would help reduce the national debt. Mr. Trump could still abandon the plan, and its details are under debate. But industry executives have spent weeks lobbying to shape the proposal, raising hopes that Mr. Trump might act soon after taking office.<\/p>\n

In recent days, crypto executives have offered input to David Sacks<\/a>, a venture capitalist whom Mr. Trump appointed to oversee crypto and artificial intelligence, on a possible executive order that covers several areas of crypto policy, three people with knowledge of the matter said. The Bitcoin stockpile is part of those discussions, two of them said.<\/p>\n<\/div>\n<\/div>\n

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\u201cThis could be the Day 1 initiative,\u201d said Pete Rizzo, an editor at Bitcoin Magazine, an industry news publication. \u201cIt\u2019s certainly an idea that has come a long way in a short amount of time.\u201d<\/p>\n

By some<\/a> estimates<\/a>, the United States owns as much as $19 billion<\/a> in Bitcoin that it has seized from criminals over time, a stash that the government has recently moved<\/a> to sell. Some crypto executives are calling on Mr. Trump to simply hold on<\/a> to that Bitcoin, which he could most likely do with an executive order. Others are pushing a more ambitious plan in which the government would acquire tens of billions of dollars in new Bitcoin, building a \u201cstrategic reserve\u201d similar to federal stockpiles of gold and oil. That amount of spending may require congressional approval.<\/p>\n

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The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.A pair of 50-page policy proposals laying out the plan in detail. Discussions about the specifics with President-elect Donald J. Trump and his advisers. And talks with cabinet nominees about how to pay for it.On the eve of Mr. Trump\u2019s inauguration, the cryptocurrency industry is pushing his incoming administration to execute an audacious plan that would have seemed unimaginable just a year ago: a government program to buy and hold billions of dollars in Bitcoin.As he campaigned last summer, Mr. Trump vowed to create a federal \u201cBitcoin stockpile\u201d that would serve as a \u201cpermanent national asset to benefit all Americans.\u201d Bitcoin enthusiasts hailed the idea as potentially transformative, claiming that it would help reduce the national debt. Mr. Trump could still abandon the plan, and its details are under debate. But industry executives have spent weeks lobbying to shape the proposal, raising hopes that Mr. Trump might act soon after taking office.In recent days, crypto executives have offered input to David Sacks, a venture capitalist whom Mr. Trump appointed to oversee crypto and artificial intelligence, on a possible executive order that covers several areas of crypto policy, three people with knowledge of the matter said. The Bitcoin stockpile is part of those discussions, two of them said.\u201cThis could be the Day 1 initiative,\u201d said Pete Rizzo, an editor at Bitcoin Magazine, an industry news publication. \u201cIt\u2019s certainly an idea that has come a long way in a short amount of time.\u201dBy some estimates, the United States owns as much as $19 billion in Bitcoin that it has seized from criminals over time, a stash that the government has recently moved to sell. Some crypto executives are calling on Mr. Trump to simply hold on to that Bitcoin, which he could most likely do with an executive order. Others are pushing a more ambitious plan in which the government would acquire tens of billions of dollars in new Bitcoin, building a \u201cstrategic reserve\u201d similar to federal stockpiles of gold and oil. That amount of spending may require congressional approval.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":20186,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-20184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/20184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20184"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/20184\/revisions"}],"predecessor-version":[{"id":20187,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/20184\/revisions\/20187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/20186"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}