實施比特幣戰略儲備的複雜性

唐納德·川普總統當選倒數之際，加密貨幣愛好者的期望也越來越高。也就是說，命令立即實施比特幣戰略儲備。

Crypto enthusiasts had high hopes that President Donald Trump would quickly establish a Bitcoin Strategic Reserve with one of his first Executive Orders. However, even in his inaugural address, the absence of any mention impacted Bitcoin as its price dropped significantly.

加密貨幣愛好者對唐納德·川普總統寄予厚望，希望他能夠透過他的第一份行政命令迅速建立比特幣戰略儲備。然而，即使在他的就職演說中，也沒有提及比特幣，因為比特幣的價格大幅下跌。

Many in the crypto space anticipated that the newly inaugurated president would look the way of Bitcoin among his first Executive Orders.

加密貨幣領域的許多人預計，新就職的總統將在他的第一個行政命令中關注比特幣的發展方向。

The Complexity of Implementing a Strategic Bitcoin Reserve

實施比特幣戰略儲備的複雜性

However, in a post on X, Willy Woo, a crypto trader and analyst, shared his perspectives on establishing a Strategic Bitcoin Reserve (SBR).

然而，在 X 上的一篇文章中，加密貨幣交易員兼分析師 Willy Woo 分享了他對建立戰略比特幣儲備（SBR）的看法。

According to Woo, President Trump may have refrained from signing the SBR on his first day in the Oval Office due to the complexities involved.

吳表示，由於涉及的複雜性，川普總統可能沒有在入主橢圓形辦公室的第一天簽署《SBR》。

Woo maintained that getting the approval and execution of a Strategic Bitcoin Reserve took time. He suggests between six and twenty-four months for proper planning and execution.

吳堅持認為，比特幣戰略儲備的批准和執行需要時間。他建議用六到二十四個月的時間進行適當的規劃和執行。

Interestingly, the crypto trader does not favor an executive order pathway for establishing a Bitcoin Reserve.

有趣的是，加密貨幣交易者不贊成透過行政命令途徑建立比特幣儲備。

He describes this approach as “the blunt way to execute this.” He emphasized that this method, while straightforward, lacks legislative backing.

他將這種方法描述為“執行此操作的直率方法”。他強調，這種方法雖然簡單，但缺乏立法支持。

Woo suggests creating an SBR with legislative support from Congress and the House of Representatives.

Woo 建議在國會和眾議院的立法支持下創建 SBR。

This will provide for better broad-based policy formulation and stability. Additionally, it will prevent another U.S. president from issuing a counter-executive order to scrap it.

這將有助於更好地制定基礎廣泛的政策並保持穩定。此外，它將阻止另一位美國總統發布反行政命令來廢除它。

Woo suggests a strategic assessment of establishing an SBR before proceeding with it to guarantee success. This evaluation likely involves analyzing political and economic factors before kickoff.

Woo 建議在建立 SBR 之前進行策略評估，以確保成功。該評估可能涉及在開始前分析政治和經濟因素。

How Long to Implement a Strategic Bitcoin Reserve?

實施比特幣戰略儲備需要多長時間？

Political analysts say applying Woo’s suggestion remains a sustainable option. However, it would require intense lobbying of lawmakers opposed to a Strategic Bitcoin Reserve to get their buy-in.

政治分析家表示，採納吳的建議仍然是永續的選擇。然而，這需要對反對比特幣戰略儲備的立法者進行大力遊說才能獲得他們的支持。

Despite this long winding path, they also favor it as a better approach.

儘管這條路漫長曲折，但他們也認為這是更好的方法。

Woo, in his estimation, noted this could take some time. He emphasized that if an SBR were to gain a legislative nod, the actual implementation might take between six months and two years.

據吳先生估計，這可能需要一些時間。他強調，如果 SBR 獲得立法批准，實際實施可能需要六個月到兩年的時間。

Other factors come into play to carry out the accumulation of Bitcoin. Primarily, the accumulation would not be immediate or done in a way that other sectors suffer from neglect.

其他因素也會影響比特幣的累積。首先，累積不會立即發生，也不會以其他部門被忽視的方式進行。

In the original proposal, the U.S. will buy 200,000 BTC every year within the next five years.

在最初的提議中，美國將在未來五年內每年購買20萬個BTC。

That gives an average of 16,667 BTC every month or 548 BTC daily for the next five years. Cumulatively, the U.S. government will hold a million BTC after five years.

這意味著未來五年平均每月 16,667 BTC 或每天 548 BTC。五年後，美國政府將累計持有 100 萬比特幣。

Diverging Views on the Bitcoin Reserve Proposal

對比特幣儲備提案的不同看法

Not everyone has welcomed the expectation of a strategic Bitcoin reserve.

並非所有人都歡迎比特幣戰略儲備的預期。

Some economists see the proposal by Senator Cynthia Lummis via the Bitcoin Act of 2024 as just a way to hoard the digital asset, given its limited supply.

一些經濟學家認為，鑑於數位資產的供應有限，參議員 Cynthia Lummis 透過《2024 年比特幣法案》提出的提案只是囤積數位資產的方式。

They argue that Bitcoin has no utility to the nation’s economy and would make no economic sense for the U.S. to hold it as a strategic reserve. These critics contend that Bitcoin is purely speculative and has no significant value to the American taxpayer.

他們認為，比特幣對國家經濟沒有任何效用，對美國將其視為戰略儲備沒有任何經濟意義。這些批評者認為，比特幣純粹是投機性的，對美國納稅人來說沒有重大價值。

However, Bitcoin enthusiasts call it digital gold and a hedge against inflation. These debates will likely dominate conversations if the U.S. establishes a Strategic Bitcoin Reserve via the legislative route.

然而，比特幣愛好者稱其為數位黃金和對沖通貨膨脹的工具。如果美國透過立法途徑建立比特幣戰略儲備，這些辯論可能會成為討論的焦點。

Time will reveal what path the nation chooses.

時間會告訴我們這個國家選擇什麼道路。