比特幣在美國國家儲備中的作用

盧特尼克（Lutnick

A recent interview with The Pavlovic Today has revealed interesting insights into the Trump administration’s plans for a national cryptocurrency reserve. As rumors swirl about the upcoming White House Crypto Summit, the administration officials are hinting at a unique role for Bitcoin in the reserve, setting it apart from other digital assets.

最近對Pavlovic的採訪揭示了對特朗普政府對國家加密貨幣預備役計劃的有趣見解。隨著關於即將舉行的白宮加密峰會的謠言旋轉，政府官員暗示了比特幣在保護區中的獨特作用，將其與其他數字資產區分開來。

The possibility of the U.S. holding a national crypto reserve has been a subject of much speculation, especially among Bitcoin maximalists who have expressed mixed feelings about the inclusion of altcoins.

美國持有國家加密保護區的可能性一直是一個猜測的主題，尤其是在比特幣最大化主義者中對包含山寨幣的感覺不同的比特幣最大化主義者。

The administration officials, however, maintain that Trump’s vision is focused on Bitcoin as a core component of the reserve, while other digital assets will be included in a complementary manner.

但是，政府官員堅持認為，特朗普的願景集中在比特幣上，作為保護區的核心組成部分，而其他數字資產將以互補的方式包括在內。

“The president definitely thinks that there’s a Bitcoin strategic reserve,” said administration official Marc Lutnick. “Now, the question is, how do we handle the other cryptocurrencies? I think that model will be unveiled on Friday.”

政府官員馬克·盧特尼克（Marc Lutnick）說：“總統絕對認為有比特幣戰略儲備。” “現在，問題是，我們如何處理其他加密貨幣？我認為該模型將在星期五亮相。”

Pushback Over Altcoins in the Reserve

儲備金中的Altcoins倒退

Trump’s proposal to include a range of cryptocurrencies in the national reserve has sparked controversy, particularly among Bitcoin maximalists. Critics argue that Bitcoin is the only truly decentralized, non-seizable, and censorship-resistant asset, while altcoins remain largely centralized and prone to regulatory capture.

特朗普提出的提議在國家儲備中包括一系列加密貨幣引發了爭議，尤其是在比特幣最大化主義者中。評論家認為，比特幣是唯一真正的分散，不可證實和耐心的資產，而替代幣仍然在很大程度上集中且容易捕獲監管。

Even longtime Bitcoin skeptic Peter Schiff—who famously dismissed Bitcoin when it was under $100—acknowledged the logic of a Bitcoin-only reserve while questioning the inclusion of other tokens.

即使是長期的比特幣懷疑論者彼得·希夫（Peter Schiff），他在100美元不到100美元的情況下著名地駁回了比特幣，但在質疑包含其他代幣的同時，將僅比特幣儲備金的邏輯確定為邏輯。

In response to the criticism, Lutnick doubled down on Trump’s commitment to Bitcoin, while leaving room for other digital assets.

為了應對批評，盧特尼克（Lutnick）將特朗普對比特幣的承諾加倍，同時為其他數字資產留出了空間。

“Bitcoin is one thing, and the other crypto tokens will be treated differently—positively, but differently,” Lutnick stated.

盧特尼克說：“比特幣是一回事，另一個加密代幣將受到不同的態度，但對態度有所不同。”

The Bitcoin price reacted positively to the news, up 3.5% overnight to $89,540, Source: Bitcoin Liquid Index

比特幣價格對新聞的反應積極，一夜之間上漲了3.5％，到$ 89,540，來源：比特幣液體指數

The interview also touched upon the upcoming White House Crypto Summit, which marks a historic pivot in the U.S. government’s stance on digital assets. Set for March 7, the event will bring together some of the most influential figures in crypto, including MicroStrategy’s Michael Saylor, Chainlink’s Sergey Nazarov, and Coinbase CEO Brian Armstrong.

採訪還談到了即將舉行的白宮加密峰會，該峰會標誌著美國政府對數字資產的立場的歷史性樞紐。該活動定於3月7日，將匯集一些最有影響力的人物，包括Microstrategy的Michael Saylor，Chainlink的Sergey Nazarov和Coinbase Coinbase首席執行官Brian Armstrong。

A list of confirmed and unconfirmed guests so far for the Crypto Summit, Source: X

到目前為止的加密峰會迄今為止的確認和未經證實的客人列表，來源：X

The summit aligns with Trump’s broader push to position America as a global leader in blockchain and cryptocurrency innovation—a stark contrast to the enforcement-heavy approach of previous administrations.

峰會與特朗普更廣泛地將美國定位為區塊鍊和加密貨幣創新的全球領導者的努力保持一致，這與先前政府的執法方式形成了鮮明的對比。

Under Trump’s leadership, the Securities and Exchange Commission (SEC) has formed a Crypto Task Force aimed at creating “sensible regulatory pathways” for the industry.

在特朗普的領導下，美國證券交易委員會（SEC）組成了一個旨在為該行業創建“明智的監管途徑”的加密貨幣工作隊。

Meanwhile, lawmakers in the House Subcommittee on Digital Assets are actively discussing everything from stablecoin regulations to which agency should oversee crypto spot markets.

同時，眾議院數字資產小組委員會的立法者正在積極討論從Stablecoin法規到代理機構應監督加密貨幣市場的一切。

Here are the major categories to keep on your radar for the White House crypto summit this Friday. • ETF contenders • Tokens made in USA • Tokens mentioned by Trump • Projects attending the summit I would pay close attention to the tokens that have overlapping themes, according to Miles Deuster.

這是本週五在白宮加密峰會上保留您的雷達的主要類別。 •ETF競爭者•在美國製作的代幣•特朗普提到的代幣•參加峰會的項目我將密切注意與主題重疊的代幣。

Categories to watch for the White House crypto summit this Friday, Source, X

這個星期五要觀看白宮加密峰會的類別，消息來源，x

It’s Bitcoin’s Moment, but Time Makes a Wine

這是比特幣的時刻，但是時間釀造了酒

If Trump successfully implements a Bitcoin-centric national reserve, it could signal a fundamental shift in how governments view digital gold. While details remain sparse, the fact that the world’s largest economy is even considering such a move is a testament to Bitcoin's growing legitimacy on the global stage.

如果特朗普成功實施了以比特幣為中心的國家儲備，這可能表明政府如何看待數字黃金。儘管細節仍然很少，但世界上最大的經濟體甚至考慮這樣做的事實證明了比特幣在全球舞台上日益增長的合法性。

However, as bullish as this news is for Bitcoin, and for long term Bitcoin price predictions, remember, that talk, and announcements, do not yet mean action. These things take time, so temper your expectations.

但是，像比特幣一樣看好這個消息，對於長期的比特幣價格預測，請記住，談話和公告，並不意味著行動。這些事情需要時間，因此會降低您的期望。

Jeff Park, at Bitwise wrote on X, that "As much as I support it in the long run, here’s the #1 reason we need to slow down and temper expectations on the BTC Strategic Reserve (BSR).

傑夫·帕克（Jeff Park）在X上寫道：“從長遠來看，我支持它，這是我們需要放慢速度和對BTC戰略儲備（BSR）的脾氣期望的第一部分。

I’ve always said that "there will be signs" when the BSR can happen because it requires multilateral cooperation with our trade partners. The U.S. cannot simply acquire BTC on its own without giving allies a heads-up. Why? Because the U.S. finances its fiscal deficit through implicit understandings with trade partners when they assess our creditworthiness. It would be a major insult, for example, if the U.S. front-ran Japan without notice.

我一直說，當BSR發生時，“將會有跡象”，因為它需要與我們的貿易夥伴進行多邊合作。如果沒有給盟友，美國就不能簡單地自行獲得BTC。為什麼？因為美國在評估我們的信譽時通過與貿易夥伴的隱性理解為財政赤字提供資金。例如，如果美國前樂隊日本沒有通知，那將是主要的侮辱。

While we saw the IMF issue a new Staff Country Report on El Salvador, explicitly stating that BTC accumulation must end. And who controls the IMF? That’s right—the U.S., with 20% of the total voting power, giving it veto authority. The IMF is the United States. This means the U.S. doesn’t want sovereigns holding BTC on their balance sheets, as that would undermine the dollar’s hegemony.

當我們看到國際貨幣基金組織發行有關薩爾瓦多的新員工報告時，明確指出BTC的積累必須結束。誰控制IMF？是的 - 美國擁有總投票權的20％，賦予其否決權。 IMF是美國。這意味著美國不希望將BTC持有資產負債表，因為這會破壞美元的霸權。

These two things—the U.S. wanting a BSR while the IMF actively blocks sovereign BTC accumulation—cannot be true at the same

這兩件事 - 美國想要BSR時，IMF積極阻止主權BTC的積累 - cannot在同一中也是如此