Trumps Digital Assets Executive Order May Not Last Senator Lummis is Doing it Right
Last night, President Trump signed the Digital Assets executive order (EO), and lets just say Bitcoiners are feeling... sour. Initially, rumors swirled that this might be the long anticipated Strategic Bitcoin Reserve (SBR) legislation. But nope not even close. Bitcoin reserve didnt get a single mention.
Instead, the EO said:
"The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts."
Translation: This EO looks like a vague "lets study shitcoins" roadmap rather than a bold step toward a Strategic Bitcoin Reserve. If you were hoping for a nation state orange pill moment, this aint it.
But before you rage tweet, take a deep breath. There is a silver lining. The EO does outlaw CBDCs a huge win for freedom money and a more Bitcoin-aligned future.
And, as Senator Cynthia Lummis reminded us yesterday, her Strategic Bitcoin Reserve Bill is a BIG lift:
Why is this good news? Lets break it down:
- Executive Orders Are Fragile: EOs are quick to implement but can be easily reversed by the next administration. Theyre political Post-it Notes, not permanent fixes.
- Legislation Is Durable: Laws passed through both houses of Congress are far harder to repeal. Lummis long term strategy aims to cement Bitcoins role in the U.S. economy for generations, not just the next election cycle. She is taking the low time preference route, and I salute her for that.
Senator Lummis said it herself in an X DM she allowed me to share:
Even if the EO had been an outright Strategic Bitcoin Reserve, the next administration (after Trump) could undo it (whats done administratively can generally be undone administratively). So, in order to get the 20-year minimum HODL, which my bill calls for, and meaningfully address Americas debt, we have to go through the legislative process (passage through both the House and Senate) to get it to the Presidents desk for signature.
Its really important that we have momentum for a marathon, not a sprint. I dont want people getting discouraged. The trajectory is to the moon but we have to stick with it and work the process. Lots to do but the EO was a great jumping-off point to get us there.
So yes, the EO feels like a quick win for crypto execs eager to pump their bags. But the real fight for Bitcoins future is just beginning.
A congressionally approved SBR is better than an SBR via Executive Order. Full stop!
Bitcoin has always thrived in adversity. Whether its bans, restrictions, or now the "national digital asset stockpile" nonsense, Bitcoins resilience is unmatched. As Senator Lummis works to push the Strategic Bitcoin Reserve Bill through Congress, individual states are already leading the charge. States are introducing Bitcoin-specific reserve legislation, not vague "digital asset" plans.
Meanwhile, global momentum is building. Putin didnt say, "no one can control digital assets," he said no one can control Bitcoin. Nation states arent about to FOMO into $TRUMP or FARTCOIN. Theyre watching, learning, and inching closer to Bitcoin.
Bitcoin wins because it is superior money. Every piece of news, even setbacks, is ultimately bullish for Bitcoin because it exposes weaknesses in fiat and strengthens Bitcoins narrative. So stay patient. The slow burn will be worth it.
See you in Vegas and remember: best money wins.
This article is a Take. Opinions expressed are entirely the author's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
Text source: Bitcoin Magazine: Bitcoin News, Articles, Charts,
