美國政府剛剛創建了一個戰略性的比特幣儲備。這就是比特幣（BTC）的含義

從表面上看，新宣布的戰略比特幣儲備聽起來像是將比特幣（Crypto：BTC）更高的完美催化劑

The U.S. government has finally announced the creation of a Strategic Bitcoin Reserve, but don't get too excited. It's not the Trump-era initiative to have the federal government buy 200,000 Bitcoins per year, for the next five years. Instead, this is a consolidation of existing Bitcoin held by the government, much of which has been confiscated. The official White House announcement suggests that the U.S. government might buy new Bitcoin, but it would need to do so in a “budget-neutral” way.

美國政府終於宣佈建立戰略性比特幣儲備，但不要太興奮。在未來五年中，讓聯邦政府每年購買200,000比特幣並不是特朗普時代的倡議。相反，這是政府持有的現有比特幣的整合，其中大部分已被沒收。白宮官方宣布，美國政府可能會購買新的比特幣，但需要以“預算中立”的方式這樣做。

In short, the U.S. government will not use taxpayer funds to buy Bitcoin, and there's no real timetable when the much-promised buying of new Bitcoin might commence.

簡而言之，美國政府不會使用納稅人資金來購買比特幣，而且當大量購買新比特幣的購買可能會開始時，沒有真正的時間表。

Many crypto market participants were expecting something more substantial. On the campaign trail, President Trump had embraced the idea of a Bitcoin-only reserve. And he appeared to support a version of the Strategic Bitcoin Reserve, proposed by U.S. Senator Cynthia Lummis (R-Wyoming), that calls for the U.S. government to buy 200,000 Bitcoins per year, for the next five years. That was the type of aggressive action that was supposed to make America the “crypto capital of the world.”

許多加密貨幣市場參與者期望有所作為。在競選活動中，特朗普總統接受了僅比特幣儲備的想法。而且他似乎支持美國參議員辛西婭·盧米斯（Cynthia Lummis）（R-Wyoming）提出的戰略比特幣保護區的版本，該儲備金要求美國政府在未來五年內每年每年購買200,000比特幣。那是一種積極的行動，應該使美國成為“世界的加密之都”。

The Trump White House also appeared to muddle its message about Bitcoin. The whole point of the reserve was supposed to acknowledge Bitcoin as a strategic asset essential to the nation's future, along the lines of gold or petroleum. However, on a parallel path, the government is also creating a United States Digital Asset Stockpile that will include a mix of different altcoins. A week before the formal announcement of the Strategic Bitcoin Reserve, President Trump seemed to indicate that Ethereum, XRP, Solana, and Cardano could be included. Right now, the exact cryptocurrencies that will be included is very much in flux, and that only adds to the uncertainty about what was actually created.

特朗普白宮似乎還使它關於比特幣的信息混淆了。儲備金的全部要點應該承認比特幣是黃金或石油界的國家對國家未來必不可少的戰略資產。但是，在平行的道路上，政府還正在創建一種美國數字資產庫存，其中包括不同的山寨幣。在正式宣布戰略比特幣保護區的一周之前，特朗普總統似乎表明，以太坊，XRP，Solana和Cardano可能包括在內。目前，將包含的確切加密貨幣在不斷變化中很大程度上，這只會增加對實際創造的不確定性。

Even before the formal announcement of the Strategic Bitcoin Reserve on March 6, there was pushback from the crypto industry. When news broke that other cryptos might be included, Coinbase (NASDAQ:COIN) Global CEO Brian Armstrong pointed out, "Just Bitcoin would probably be the best option ... "

甚至在3月6日正式宣布戰略性比特幣儲備之前，加密貨幣行業就有了推遲。當有消息稱可能包括其他加密貨幣時，Coinbase（NASDAQ：COIN）全球首席執行官Brian Armstrong指出：“只是比特幣可能是最好的選擇……”

Others called the move a "Trump Pump" and a desperate attempt to juice up crypto prices, which have been declining ever since the inauguration in January. And still others suggested that some of the cryptos named by Trump would never actually be included, once Congress got involved.

其他人則稱這一舉動為“特朗普泵”，並且拼命地嘗試加油價格，這是自一月份就職以來一直在下降的。還有其他人建議，一旦國會參與，特朗普命名的一些加密貨幣將永遠不會被包括在內。

The big picture outlook for Bitcoin

比特幣的大局前景

That being said, Bitcoin (CRYPTO: BTC) still looks a safe buy right now, even if crypto market participants are less than enthusiastic about the Strategic Bitcoin Reserve. Regulators appear to be onboard with the notion that Bitcoin is a commodity, not a security. It has a long track record of outperforming the overall market, and has been compared to "digital gold" for its ability to act as a long-term store of value and hedge against inflation and economic uncertainty.

話雖這麼說，即使加密貨幣市場參與者對戰略比特幣儲備的熱情，比特幣（加密：BTC）現在看起來仍然是安全的買入。監管機構似乎與比特幣是商品而不是安全性的概念一樣。它具有勝過整個市場的悠久記錄，並且與“數字黃金”相提並論，因為它具有長期的價值和對沖通貨膨脹和經濟不確定性的能力。

Image source: Getty Images.

圖像來源：蓋蒂圖像。

None of the other cryptocurrencies -- XRP, Solana, Ethereum, and Cardano -- can make those same claims. At one time or another, all of these have faced potential regulatory oversight from the SEC for being securities. In fact, XRP still has not fully resolved its four-year legal battle with the SEC. In many ways, then, these four cryptocurrencies can be thought of as highly speculative tech stocks fully capable of going to zero at any time.

XRP，Solana，Ethereum和Cardano都無法提出相同的主張。一次或一次，所有這些都面臨SEC的潛在監管監督，以成為證券。實際上，XRP仍未完全解決與SEC的四年法律鬥爭。因此，在許多方面，這四種加密貨幣都可以被認為是完全投機的技術庫存，該股票完全有能力隨時進入零。

The good news is that, even if the U.S. federal government takes longer than expected to start buying new Bitcoin, plenty of other sovereign governments might launch strategic Bitcoin reserves of their own. Right now, Brazil appears to be the frontrunner now, having introduced legislation last year. And a number of U.S. states -- including Texas and Florida -- are moving forward with Bitcoin reserves of their own.

好消息是，即使美國聯邦政府開始購買新的比特幣的預期還要長，但許多其他主權政府也可能會自己推出戰略性的比特幣儲備。目前，去年推出了立法，巴西似乎是領先者。包括德克薩斯州和佛羅里達州在內的美國許多州都在自己的比特幣儲備中前進。

So the big picture here is that new Bitcoin buying pressure is coming soon. The key will be getting some sort of congressional action to codify the Strategic Bitcoin Reserve into law. Trying to manage the strategic direction of the crypto industry with a bunch of executive orders is simply too chaotic.

因此，這裡的全局是，新的比特幣購買壓力即將出現。關鍵將是採取某種國會行動將戰略比特幣儲備定為法律。試圖通過大量執行命令來管理加密貨幣行業的戰略方向實在太混亂了。

At the end of the day, I'm loading up on Bitcoin, but remaining cautious on the other cryptocurrencies named as part of the United States Digital Asset Stockpile. As long as the U.S. government continues to support crypto, there is a path for Bitcoin to soar in value for years to come.

歸根結底，我正在加載比特幣，但在其他被稱為美國數字資產庫存一部分的加密貨幣上保持謹慎。只要美國政府繼續支持加密貨幣，比特幣在未來幾年內有價值飆升。