川普的大膽提案：戰略性國家比特幣儲備

如果實施，這項措施可能會促進比特幣在全球範圍內的廣泛採用，不僅影響加密貨幣市場，還會影響更廣泛的全球經濟。

The prospect of a U.S. government-led strategic Bitcoin reserve is gaining steam once again, following President-elect Donald Trump’s introduction of the concept at a Bitcoin conference in Nashville last July.

繼當選總統唐納德·川普去年 7 月在納許維爾舉行的比特幣會議上提出這一概念後，美國政府主導的比特幣戰略儲備的前景再次升溫。

The initiative, which aims to diversify the government’s assets and hedge against economic instability, has sparked賛同 from several influential figures, including Senator Cynthia Lummis (R-Wyoming), who has proposed a bill for the government to acquire 1 million Bitcoins over five years.

該倡議旨在實現政府資產多元化並對沖經濟不穩定，由幾位有影響力的人物發起，其中包括參議員辛西婭·魯米斯（懷俄明州共和黨人），她提出了一項法案，要求政府在五年內收購100 萬枚比特幣。

Currently, the U.S. government reportedly holds 198,000 Bitcoins, valued at approximately $21 billion, according to BitcoinTreasuries. These Bitcoins were seized during criminal investigations, and the government has committed never to sell them.

據 BitcoinTreasuries 稱，目前，美國政府據報導持有 198,000 枚比特幣，價值約 210 億美元。這些比特幣是在刑事調查過程中被扣押的，政府承諾永遠不會出售它們。

One entity that has already reaped the benefits of strategic Bitcoin adoption is Tokyo-listed Metaplanet, which is often dubbed “Asia’s MicroStrategy” due to its aggressive Bitcoin investments.

在東京上市的 Metaplanet 是已經從戰略性比特幣採用中獲益的實體之一，由於其積極的比特幣投資，該公司通常被稱為「亞洲的 MicroStrategy」。

Since initiating its Bitcoin strategy in April 2024, Metaplanet has amassed 1,762 BTC, currently valued at approximately $165 million. During this period, the company’s shares have surged an astonishing 1,900%, outperforming all major Japanese stock indices.

自 2024 年 4 月啟動比特幣策略以來，Metaplanet 已累積了 1,762 個 BTC，目前價值約 1.65 億美元。在此期間，該公司股價飆漲了1,900%，跑贏日本所有主要股指。

At a recent Bitcoin event hosted by Michael Saylor, Metaplanet CEO Simon Gerovich shared his insights on the matter. He anticipates that Trump’s strategic reserve initiative will propel other Asian nations to follow suit.

在最近由 Michael Saylor 主持的比特幣活動中，Metaplanet 執行長 Simon Gerovich 分享了他對此事的見解。他預期川普的戰略儲備舉措將推動其他亞洲國家效法。

“If President Trump establishes a Bitcoin strategic reserve, Japan and other Asian nations will follow the same path,” stated Gerovich.

格羅維奇表示：“如果川普總統建立比特幣戰略儲備，日本和其他亞洲國家也將走同樣的道路。”

He further highlighted that Bitcoin adoption has enabled Metaplanet to navigate Japan’s rising debt and yen volatility, transforming the company from a “zombie” entity into a thriving enterprise.

他進一步強調，比特幣的採用使 Metaplanet 能夠應對日本不斷上升的債務和日元波動，使該公司從「殭屍」實體轉變為蓬勃發展的企業。

The purpose of a strategic Bitcoin reserve is to provide the U.S. government with a diversified asset base, which could potentially stabilize the economy and strengthen the dollar’s status as the world’s reserve currency.

比特幣戰略儲備的目的是為美國政府提供多元化的資產基礎，這可能會穩定經濟並加強美元作為世界儲備貨幣的地位。

According to Tyler Cowen, an economics professor at George Mason University, if the U.S. government holds Bitcoin, it could solidify the country’s dominance in the global financial system.

喬治梅森大學經濟學教授泰勒考恩表示，如果美國政府持有比特幣，就可以鞏固該國在全球金融體系中的主導地位。

Meanwhile, Michael Saylor envisions the reserve helping to pay down the national debt, which currently stands at $35 trillion. He posits that if Bitcoin’s value continues to soar, the strategic reserve could generate up to $81 trillion in new wealth for the U.S. Treasury over the next decade.

同時，Michael Saylor 預計該儲備金將有助於償還目前 35 兆美元的國家債務。他認為，如果比特幣的價值繼續飆升，戰略儲備可能在未來十年為美國財政部創造高達 81 兆美元的新財富。

Furthermore, Padhraic Garvey, Regional Head of Research for the Americas at ING, argues that controlling a portion of the Bitcoin supply could prevent its misuse by malicious entities and deter other nations from adopting it as a dollar alternative.

此外，ING 美洲地區研究主管 Padhraic Garvey 認為，控制部分比特幣供應可以防止惡意實體濫用比特幣，並阻止其他國家採用比特幣作為美元替代品。

This strategic control could place the U.S. at the forefront of the digital currency revolution.

這種戰略控制可能使美國處於數位貨幣革命的最前線。

However, the ripple effects of the U.S. adopting a strategic Bitcoin reserve could extend far beyond its borders. Metaplanet’s Gerovich anticipates that Japan, followed by other Asian nations, will mirror the U.S. approach.

然而，美國採用比特幣戰略儲備的連鎖反應可能遠遠超出其國界。 Metaplanet 的格羅維奇預計，日本以及其他亞洲國家將效仿美國的做法。

“Japan is one of those countries where they do look to the US as sort of their big brother and follow in their footsteps,” he noted.

他指出：“日本是那些確實將美國視為老大哥並追隨他們腳步的國家之一。”

notably, Hong Kong and Germany have also expressed interest in establishing their own Bitcoin reserves.

值得注意的是，香港和德國也表示有興趣建立自己的比特幣儲備。

In Hong Kong, legislators are exploring the possibility of integrating Bitcoin into the Exchange Fund to enhance financial security amidst shifting global crypto dynamics.

在香港，立法者正在探索將比特幣納入外匯基金的可能性，以在全球加密貨幣動態變化的情況下增強金融安全。

Similarly, Germany’s former Minister of Finance, Christian Lindner, has proposed collaboration between the European Central Bank (ECB) and the Bundesbank to include Bitcoin in their reserves, citing the U.S.’s leadership in this initiative.

同樣，德國前財政部長 Christian Lindner 提議歐洲央行 (ECB) 和德國央行合作，將比特幣納入其儲備，並援引美國在這一舉措中的領導地位。

Supporters of a strategic Bitcoin reserve contend that it offers the U.S. a unique opportunity to diversify its assets, hedge against economic instability, and lead the global digital economy.

比特幣戰略儲備的支持者認為，它為美國提供了一個獨特的機會，可以實現資產多元化、對沖經濟不穩定並引領全球數位經濟。

However, skeptics like Ramaa Vasudevan, an economist at Colorado State University, caution against the volatility inherent in Bitcoin. They assert that, unlike oil, which is a tangible asset essential for immediate economic functions, such as fueling military operations, Bitcoin is not crucial for such activities.

然而，科羅拉多州立大學經濟學家 Ramaa Vasudevan 等懷疑論者對比特幣固有的波動性提出了警告。他們斷言，與石油不同的是，石油是一種對直接經濟功能至關重要的有形資產，例如為軍事行動提供燃料，而比特幣對於此類活動並不至關重要。

Economists also warn that if Bitcoin’s value plummets, taxpayers could bear the brunt of the losses, potentially leading to financial instability. Additionally, the logistical challenges of acquiring and managing such a reserve further complicate the initiative’s feasibility.

經濟學家也警告說，如果比特幣的價值暴跌，納稅人可能會首當其沖地承受損失，這可能導致金融不穩定。此外，獲取和管理此類儲備的後勤挑戰使該計劃的可行性更加複雜。

The establishment of a strategic Bitcoin reserve by the U.S. could significantly bolster Bitcoin’s price, setting off a global wave of government-led Bitcoin acquisitions. This institutional demand is likely to propel Bitcoin into mainstream adoption, reinforcing its position as the premier digital currency.

美國建立比特幣戰略儲備可能會顯著提振比特幣的價格，進而引發全球政府主導的比特幣收購浪潮。這種機構需求可能會推動比特幣進入主流採用，從而鞏固其作為首要數位貨幣的地位。

Metaplanet’s remarkable growth serves as a testament to the potential rewards. With a 1,900% surge in share value, the company exemplifies how strategic Bitcoin investments can yield substantial returns. As more governments contemplate similar moves, the crypto industry stands to benefit from increased legitimacy and financial backing.

Metaplanet 的顯著成長證明了潛在的​​回報。該公司股價飆升 1,900%，充分體現了策略性比特幣投資如何帶來豐厚回報。隨著越來越多的政府考慮採取類似舉措，加密產業將受益於合法性和財政支持的增加。

Currently, the momentum behind the strategic Bitcoin

目前，比特幣策略背後的動力