比特币（BTC）将在美国战略比特币储备中举行

根据唐纳德·特朗普总统的评论，比特币（BTC -0.21％）将在美国战略比特币储备中举行，并于3月6日发布了行政命令。

President Donald Trump announced the creation of a U.S. Strategic Bitcoin Reserve in an executive order on March 6, in a move that could be a watershed moment for the king of cryptocurrency on its road to new all-time highs.

唐纳德·特朗普（Donald Trump）总统于3月6日通过行政命令宣布创建了美国战略比特币储备，这可能是加密货币之王在通往新历史高峰的道路上的流域时刻。

The crypto industry is largely anticipating this to be a huge catalyst for Bitcoin (BTC -0.21%) price appreciation, and it might just be the first of a series of similar catalysts if other governments around the world follow suit. Here's how the reserve -- if it comes into being -- could help the king of cryptocurrency, and what you can do to get some upside.

加密行业在很大程度上预计这将是比特币（BTC -0.21％）价格升值的巨大催化剂，如果世界其他政府效仿，它可能只是一系列类似催化剂的第一个。这就是保护区（如果要出现）的方式可以帮助加密货币之王，以及您可以做些什么才能获得一些上行空间。

The government could be holding this coin forever

政府可以永远持有这种硬币

According to the White House, the new Strategic Bitcoin Reserve will be stocked with Bitcoin that the Department of Treasury comes into the possession of via criminal or civil asset forfeitures, as well as via other avenues that do not involve buying it directly.

据白宫称，新的战略比特币保护区将备有比特币，即财政部拥有通过刑事或民事资产没收的财政部以及其他不涉及直接购买的途径。

Now, all executive federal agencies are instructed to review their cryptocurrency holdings and advise on whether they have the authority to transfer those holdings to the repository.

现在，所有执行联邦机构都被指示审查其加密货币持有量，并建议他们是否有权将这些持股转移到存储库中。

Once that review is done and the reserve actually exists -- assuming it ever does -- it is probable that there will be another instruction that tells those agencies to actually transfer their coins to be held in one central location. After Bitcoins are deposited, they will not be sold and are instead intended to be retained, potentially indefinitely.

一旦完成了审查，并且储备金实际上就存在 - 假设曾经这样做 - 很可能会有另一条指令告诉这些机构实际转移其硬币以在一个中心位置举行。将比特币沉积后，它们将不会出售，而是要无限期地保留。

But the formation of the Strategic Bitcoin Reserve is something that many in the crypto industry are looking forward to.

但是，战略比特币储备的形成是加密货币行业中许多人期待的东西。

However misplaced, there were widespread hopes that the government would commit to buying Bitcoin and other cryptocurrencies at fair market value to build up a cache worth billions of dollars, and this policy isn't that. Nor is it clear whether the reserve will ever be implemented; there may be legal or political barriers that prevent it from being realized as defined by the executive order.

尽管放错了位置，但人们普遍希望政府承诺以公平的市场价值购买比特币和其他加密货币，以建立价值数十亿美元的缓存，而这项政策不是。储备是否会被实施；可能有法律或政治障碍阻止其实现由行政命令定义的。

Importantly, the market has not exactly reacted very warmly to the proposal. Bitcoin's price is down by around 16% in the last 30 days, which isn't very much in the big scheme of things, but it's a lot considering that period of time featured one of the biggest ever policy announcements that should support higher prices for the coin. The implication here is that investors were probably originally a bit too bullish about what the reserve would be.

重要的是，市场对该提案的反应并未完全反应。在过去的30天内，比特币的价格下跌了约16％，这在很大的方案中并不多，但是考虑到这段时间的时间里，这是有史以来最大的政策公告之一，应该支持硬币的更高价格。这里的暗示是，投资者最初可能对储备金的价格有些看涨。

This plays directly into the core thesis for buying and holding

这直接播放用于购买和持有的核心论文

The good news is that the new stash of coins, if it is actually implemented, would mesh neatly with Bitcoin's investment thesis in a way that would make it an even more appealing coin to hold over the long term.

好消息是，如果硬币实际实施的新硬币将与比特币的投资论文融为一体，以使其长期持有更具吸引力的硬币。

If the government refuses to sell any Bitcoin that it comes into the possession of, that would be equivalent to there being less Bitcoin in circulation. With less supply circulating, it would be scarcer, meaning that investors looking to buy it would be willing to pay higher prices in order to ensure that they can hold the asset. This would occur alongside other preset drivers of scarcity, like increasing mining difficulty over time as mediated by the halving.

如果政府拒绝出售所拥有的任何比特币，那将等同于循环中比特币较少。随着供应量减少，这将是稀缺，这意味着希望购买的投资者愿意支付更高的价格，以确保他们可以持有资产。这将与其他稀缺的其他预设驱动因素一起发生，例如随着时间的流逝而增加采矿困难。

Over the course of years, the additional price impulse from the government holding coins could be significant. It's estimated by Chainalysis that the U.S. now holds about 200,000 Bitcoins, which would currently be about $16 billion.

多年来，政府持有硬币的额外价格冲动可能会很大。通过链分析估计，美国现在拥有约20万比特币，目前约为160亿美元。

Per the White House, the U.S. has in its history sold off approximately $17 billion worth of Bitcoin. If it retains a similar amount moving forward, eventually it could be a notable holder relative to the coin's total market cap today of nearly $1.7 trillion. As there can only ever be 21 million Bitcoins in total, any coins the government gets now may be much more valuable in the future.

根据白宫的历史，美国的历史上卖出了价值约170亿美元的比特币。如果它保留了类似的前进，最终可能是著名的持有人，相对于当今硬币的总市值近1.7万亿美元。由于总共只能有2100万比特币，因此政府现在获得的任何硬币将来可能会更有价值。

So, what's an investor to do? I think the answer is simple: Buy Bitcoin, and hold it. Dollar-cost averaging is your friend here, as there's absolutely no rush to accumulate the asset given a long-term outlook on holding it. If the Bitcoin reserve shapes up in the way Trump outlined, you can let the government's inability to sell help boost the price of your investment over time.

那么，投资者要做什么？我认为答案很简单：购买比特币并持有。美元成本平均是您的朋友，因为鉴于持有它的长期前景，绝对没有急于积累资产。如果比特币储备按照特朗普概述的方式塑造，则可以让政府无法出售，有助于提高您的投资价格。

Then, enjoy your profits when you're ready.

然后，准备就绪后享受您的利润。