隨著聯準會轉移被扣押的代幣，川普的比特幣庫存計畫面臨危險

雖然上個月川普連任美國總統，為 BTC 代幣增加了巨大的法定價值，但在川普兌現 7 月建立「戰略國家 [BTC] 的誓言之前，許多加密貨幣兄弟都不會滿意。儲存。

Crypto bros are hoping that Donald Trump’s second term will continue to boost the BTC token’s fiat value, while others fear that Trump’s desire for a strong U.S. dollar could undermine the dollar’s status as the world’s reserve currency.

加密貨幣兄弟希望唐納德·川普的第二任期將繼續提振比特幣代幣的法定價值，而其他人則擔心川普對強勢美元的渴望可能會削弱美元作為世界儲備貨幣的地位。

While last month’s re-election of Trump to a second term as U.S. president added significant fiat value to the BTC token, many crypto bros won’t be satisfied until Trump makes good on his vow in July to establish a “strategic national [BTC] stockpile.” Trump said the ‘core’ of this stockpile would be the 210,000 BTC tokens seized by the federal government over the years, supplemented by additional BTC the government “acquires into the future” (by unspecified methods).

雖然上個月川普連任美國總統，為 BTC 代幣增加了巨大的法定價值，但在川普兌現 7 月建立「戰略國家 [BTC] 的誓言之前，許多加密貨幣兄弟都不會滿意。儲存。川普表示，這項庫存的「核心」將是聯邦政府多年來扣押的 21 萬個 BTC 代幣，並輔以政府「未來」（透過未具體說明的方式）獲得的額外 BTC。

The ’core’ of that plan could be in jeopardy following reports of movement by a digital wallet containing nearly 20,000 BTC tokens seized by the feds a few years ago from an individual linked to the Silk Road darknet marketplace. The nearly $2 billion worth of BTC was transferred to the Coinbase (NASDAQ:COIN) exchange, suggesting that the feds are either planning to sell or have already sold these tokens to take advantage of BTC’s recent price pump.

據報道，幾年前，聯邦政府從與絲綢之路暗網市場有聯繫的個人手中扣押了一個包含近 20,000 個 BTC 代幣的數位錢包，該計劃的「核心」可能面臨危險。價值近 20 億美元的 BTC 被轉移到 Coinbase（納斯達克股票代碼：COIN）交易所，這表明聯準會要么計劃出售或已經出售這些代幣，以利用 BTC 最近的價格上漲。

While the report appears to have contributed to a modest 1% decline in BTC’s price, crypto bros fear a much greater decline should outgoing President Joe Biden order a fire sale of the government’s other 190,000 BTC. Conspiracy theorists also suspect that this is Biden giving a giant middle finger to Trump’s ‘stockpile’ plan.

雖然該報告似乎導致 BTC 價格小幅下跌 1%，但加密貨幣兄弟擔心，如果即將離任的總統拜登下令賤賣政府的其他 190,000 BTC，價格會出現更大的跌幅。陰謀論者也懷疑，這是拜登對川普的「囤貨」計畫豎起中指。

Amid fears that Trump’s ‘stockpile’ plan could be undone should the BTC cupboard be bare by the time he’s sworn into office on January 20, federal politicians like Sen. Cynthia Lummis (R-WY) want the government to simply buy 5% of the total 21 million BTC supply. This would be funded by the government selling off its gold reserves, but it’s unclear how the gold-loving Trump feels about this idea.

由於擔心川普的「儲備」計畫可能會被取消，如果1 月20 日宣誓就職時比特幣櫥櫃已經空了，像參議員辛西婭·盧米斯(R-WY) 這樣的聯邦政客希望政府只購買5% 的比特幣。這將由政府出售其黃金儲備來資助，但尚不清楚熱愛黃金的川普對這個想法有何感想。

(Side note: Federal Reserve chair Jerome Powell said Wednesday that BTC was “a speculative asset” but “not a competitor for the dollar; it’s really a competitor for gold.” BTC crossed the magical $100,000 barrier shortly thereafter. Read into that what you will.)

（附註：美聯儲主席傑羅姆·鮑威爾週三表示，BTC 是“一種投機資產”，但“不是美元的競爭對手；它實際上是黃金的競爭對手。”此後不久，BTC 就突破了神奇的$100,000 大關。

We’ll leave the question of whether relying on a token with a history of rollercoaster value rides is a really, really bad idea for another day. A much bigger question is what impact Trump’s financial policies—including his promises/threats to impose massive tariffs on America’s trading partners—will have on the U.S. dollar, including a potential move away from viewing the dollar as the world’s reserve currency.

我們將把依賴具有過山車價值乘坐歷史的代幣是否是一個非常非常糟糕的主意的問題留到另一天。一個更大的問題是，川普的金融政策（包括他對美國貿易夥伴徵收巨額關稅的承諾/威脅）將對美元產生什麼影響，包括可能不再將美元視為世界儲備貨幣。

Throwing BRICS through windows

將金磚國家丟進窗戶

During his first term, Trump imposed steep tariffs against countries he perceived to be abusing fair trade rules. Tariffs were also imposed as leverage to convince foreign governments to acquiesce on other areas of policy Trump was trying to implement.

在他的第一個任期內，川普對他認為濫用公平貿易規則的國家徵收高額關稅。關稅也被用作說服外國政府默許川普試圖實施的其他政策領域的槓桿。

During the 2024 election campaign, Trump called tariff “the most beautiful word” in the dictionary, based on his belief that tariffs repatriate jobs/businesses that left the U.S. long ago in search of cheaper labor, looser regulations, etc. Economists are dubious about Trump’s view of tariffs as an economic cure-all, noting that the costs are largely borne by average consumers who can no longer access inexpensive products and that retaliatory tariffs will act as a drag on the global economy as a whole.

在2024 年競選期間，川普稱關稅為“字典中最美麗的詞”，因為他相信關稅會遣返很久以前離開美國的就業機會/企業，以尋求更便宜的勞動力、更寬鬆的監管等。經濟學家對此表示懷疑川普將關稅視為經濟靈丹妙藥，並指出成本主要由一般消費者承擔，他們無法再獲得廉價產品，而報復性關稅將拖累全球經濟整體。

Trump has already vowed to impose new 25% tariffs on Canada and Mexico, plus 10% tariffs on products from China if these nations don’t kowtow to his policy wishes. But he recently went nuclear on the so-called BRICS nations, threatening them with 100% tariffs if they proceed with plans to issue a common currency to replace the dollar as the common denominator of international trade.

川普已經發誓，如果加拿大和墨西哥不屈服於他的政策願望，將對這些國家徵收新的 25% 關稅，並對中國產品徵收 10% 的關稅。但他最近對所謂的金磚國家發動了核攻擊，威脅說如果他們繼續實施發行共同貨幣以取代美元作為國際貿易共同標準的計劃，將徵收100%的關稅。

BRICS (Brazil, Russia, India, China, and South Africa) has been on an expansionist tear of late, inviting six additional countries to join the club in 2023, and invitations went out to a further 13 countries this October. This expanded body would represent around 45% of the global population and 35% of global GDP.

金磚國家（巴西、俄羅斯、印度、中國和南非）最近一直在擴張，邀請另外 6 個國家在 2023 年加入俱樂部，今年 10 月又向 13 個國家發出了邀請。這個擴大後的機構將代表全球約 45% 的人口和全球 GDP 的 35%。

Brazil, Russia, and Iran, in particular, have been pressing for the launch of a BRICS common currency, in part to neuter America’s ability to impose economic sanctions on countries/individuals/entities Uncle Sam doesn’t like. So far, these efforts have failed to garner universal support among BRICS members (but that hasn’t stopped some Chinese ‘crypto’ cowboys from trying to pass off a bogus ‘BRICS Pay’ system as an alternative to the global SWIFT network).

特別是巴西、俄羅斯和伊朗一直在敦促推出金磚國家共同貨幣，部分原因是為了削弱美國對山姆大叔不喜歡的國家/個人/實體實施經濟制裁的能力。到目前為止，這些努力未能獲得金磚國家成員的普遍支持（但這並沒有阻止一些中國「加密」牛仔試圖冒充虛假的「BRICS Pay」系統作為全球 SWIFT 網路的替代品）。

Trump’s BRICS threat was anything but subtle, saying America wanted “a commitment from

川普對金磚國家的威脅一點也不微妙，稱美國希望“金磚國家做出承諾”