2025年3月6日，美国总统特朗普签署了行政命令“建立战略性比特币储备和美国数字资产储备”。
Author: OxCousin, IOBC CapitalOn March 6, 2025, U.S. President Trump signed the executive order "Establishing a Strategic Bitcoin Reserve and U.S. Digital Asset Reserve." The next day, a White House crypto summit was held. This is another important milestone for the crypto industry.Bitcoin Enters the Arena: A New Chessboard for U.S. Strategic ReservesWe view this matter from the perspective of the U.S. government. The purpose of establishing a Bitcoin strategic reserve is to strengthen and consolidate the U.S.'s dominant position in the global financial system. The executive order states clearly: "The U.S. government currently holds a significant amount of BTC but has yet to formulate relevant policies to leverage the strategic value of these BTC in the global financial system. Just as it is in the national interest to properly manage ownership and control of other resources, we must harness rather than restrict the potential of digital assets to promote national prosperity." There have been multiple precedents for strategic reserves in U.S. history. For example: Strategic Gold Reserves ------ In the 19th century, the U.S. adopted the gold standard, with the value of the dollar supported by gold reserves. In 1933, President Roosevelt signed Executive Order 6102, prohibiting private ownership of gold and mandating the confiscation of gold to be deposited in the Federal Reserve; in 1934, the U.S. introduced the Gold Reserve Act, transferring gold reserves to the Treasury; in 1944, the U.S. established the Bretton Woods system, promising to exchange gold at $35 per ounce, making the dollar an international currency; it wasn't until 1971, during President Nixon's term, that the dollar was decoupled from gold, marking the collapse of the Bretton Woods system and the end of the gold standard. Strategic Petroleum Reserves ------ In 1974, the U.S. reached an agreement with Saudi Arabia and OPEC countries that international oil trade must be conducted in dollars, which naturally made the dollar the global reserve currency; in 1975, the U.S. Congress passed the Energy Policy and Conservation Act, establishing the Strategic Petroleum Reserve (SPR), which peaked at nearly 700 million barrels, dropping to 350 million barrels by 2024. On June 9, 2024, the oil dollar agreement between the U.S. and Saudi Arabia officially expired, and Saudi Arabia announced it would not renew. Of course, there are also some strategic reserves with less far-reaching impacts, including ------ uranium, rare earths, silver, food, etc. Less than a year after the end of the oil dollar system, the U.S. established a strategic Bitcoin reserve. This indicates a strong consensus on Bitcoin as "digital gold." Strategic Considerations for U.S. Strategic Bitcoin Reserves1. Consolidation of Dollar Financial HegemonyFor a long time, the dollar has dominated the global financial system, serving as the primary currency for international trade and financial transactions. However, with changes in the global economic landscape, the rise of emerging economies, and the reshaping of geopolitical dynamics, the dollar's financial hegemony is facing challenges. Bitcoin, as a decentralized digital currency, possesses unique advantages in global circulation; its transactions are not controlled by traditional financial institutions or governments, allowing for rapid transactions and convenient circulation that can breakthrough geopolitical constraints. If the U.S. strengthens the connection between the dollar and Bitcoin and Crypto by being the first to establish a Bitcoin strategic reserve, it could occupy a high ground in the Crypto field, integrating the Crypto market into the dollar settlement system, thereby consolidating the dollar's position in international financial transactions. This would undoubtedly be a powerful defense of its dollar financial hegemony in the new financial era. As Trump mentioned at the White House crypto summit, establishing a Bitcoin reserve is akin to creating a "virtual Fort Knox" (Fort Knox is a U.S. facility that stores the national gold reserves). He also noted that congressional legislators are pushing for clarity in legislation regarding dollar stablecoins and U.S. digital asset market regulation, and he will ensure the long-term stability of the dollar's position. The pieces are in place. From a top-level design perspective, this may be the first time such an idea has been publicly announced. However, U.S. companies have already laid out key tracks in the Crypto field: in asset issuance ------ although there are criticisms regarding the inability to achieve Trustless in the RWA tokenization process, Franklin Templeton has become the largest traditional financial institution issuing RWA for U.S. Treasury bonds; in asset securitization ------ the total assets under management of U.S. BTC spot ETFs issued by traditional financial institutions led by BlackRock have exceeded $100 billion; in asset trading and custody ------ Nasdaq-listed company Coinbase is a major custodian for ETFs. What is currently lacking is a
作者：奥巴辛（Oxcousin），IOBC Capitalon 2025年3月6日，美国总统特朗普签署了行政命令“建立战略性比特币储备和美国数字资产储备”。第二天，举行了白宫加密峰会。这是加密货币行业的另一个重要里程碑。BitCoin进入竞技场：从美国政府的角度来看，美国战略保留的新象棋棋盘。建立比特币战略储备的目的是加强和巩固美国在全球金融体系中的主导地位。行政命令明确指出：“美国政府目前持有大量的BTC，但尚未制定相关政策来利用这些BTC在全球金融体系中的战略价值。就像符合国家利益一样，可以正确管理和控制其他资源的所有权，而不是限制数字资产的潜在资产来促进国家繁荣。”美国历史上有多种战略储备的先例。例如：战略黄金储备--------在19世纪，美国采用了黄金标准，其价值由黄金储量支持。 1933年，罗斯福总统签署了第6102号行政命令，禁止私有黄金，并要求没收黄金将存放在美联储中； 1934年，美国引入了《黄金储备法》，将黄金储备转移到了财政部； 1944年，美国建立了布雷顿伍兹系统（Bretton Woods System），承诺以每盎司35美元的价格兑换黄金，使美元成为国际货币；直到1971年，在尼克松总统任期内，美元才与黄金脱钩，这标志着布雷顿·伍兹系统（Bretton Woods System）的崩溃和黄金标准的终结。战略石油储备金-------- 1974年，美国与沙特阿拉伯和欧佩克国家达成了一项协议，即必须以美元进行国际石油贸易，这自然使美元成为全球储备货币； 1975年，美国国会通过了《能源政策与保护法》，建立了战略石油储备（SPR），该储备（SPR）达到了近7亿桶，到2024年达到3.5亿桶。到2024年6月9日，美国和沙特阿拉伯之间的石油美元协议在2024年正式宣布，这是美国和沙特阿拉伯的正式宣布。当然，还有一些战略储备，影响较少，包括-------铀，稀土，银，食物等。在油美元系统结束后不到一年，美国就建立了战略性的比特币储备。这表明对比特币作为“数字黄金”达成了强烈的共识。美国战略比特币储量的战略考虑。长期以来，美元统一了美元金融霸权，美元统治了全球金融体系，是国际贸易和金融交易的主要货币。但是，随着全球经济格局的变化，新兴经济体的兴起以及对地缘政治动态的重塑，美元的金融霸权正面临着挑战。作为分散的数字货币，比特币在全球流通中具有独特的优势。它的交易不受传统金融机构或政府的控制，允许快速交易和方便的流通，可以突破地缘政治限制。如果美国通过第一个建立比特币战略储备的人加强了美元与比特币与加密货币之间的联系，则它可以在加密货币领域占据高地，将加密货币市场整合到美元结算系统中，从而巩固美元在国际金融交易中的地位。毫无疑问，这将是对新金融时代的美元金融霸权的有力辩护。正如特朗普在白宫加密峰会上提到的那样，建立比特币储备类似于创建“虚拟堡垒诺克斯”（诺克斯堡是一个存储国家黄金储备的美国设施）。他还指出，国会立法者正在推动有关美元稳定币和美国数字资产市场法规的立法，他将确保美元地位的长期稳定。这些碎片就位。从顶级设计的角度来看，这可能是这样的想法首次公开宣布。但是，美国公司已经在加密货币领域阐述了关键轨道：在资产发行中 - 尽管人们对无法实现RWA代币化过程无信任的批评，但富兰克林·邓普顿（Franklin Templeton）已成为向美国财政部发行RWA的最大的传统金融机构；在资产证券化中------由贝莱德（Blackrock）领导的传统金融机构发行的美国BTC现货ETF的总资产超过1000亿美元；在资产贸易和监护权中-------纳斯达克上市的公司Coinbase是ETF的主要保管人。目前缺少的是
