
Donald Trump signed an executive order that’s important for the crypto world, but things are a bit more nuanced than people think.
The executive order simply creates a working group that will evaluate if a digital asset stockpile, including Bitcoin is worth creating.
A report will have to be submitted within 180 days, but there’s no guarantee anything will actually be done about it.
Having said that, I think it’s still a major step in the right direction, and the fact that it was signed so as “to make America a huge player in crypto” tells us everything we need to know.
Sooner or later, all developed/developing economies will ask this question seriously, as in, “we hold gold and bonds and so on, should we also hold BTC?”.
It’s just a matter of time.
Leave a comment