美国政府刚刚创建了一个战略性的比特币储备。这就是比特币（BTC）的含义

从表面上看，新宣布的战略比特币储备听起来像是将比特币（Crypto：BTC）更高的完美催化剂

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.

美国政府终于宣布建立战略性比特币储备，但不要太兴奋。在未来五年中，让联邦政府每年购买200,000比特币并不是特朗普时代的倡议。相反，这是政府持有的现有比特币的整合，其中大部分已被没收。白宫官方宣布，美国政府可能会购买新的比特币，但需要以“预算中立”的方式这样做。

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.

简而言之，美国政府不会使用纳税人资金来购买比特币，而且当大量购买新比特币的购买可能会开始时，没有真正的时间表。

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.”

许多加密货币市场参与者期望有所作为。在竞选活动中，特朗普总统接受了仅比特币储备的想法。而且他似乎支持美国参议员辛西娅·卢米斯（Cynthia Lummis）（R-Wyoming）提出的战略比特币保护区的版本，该储备金要求美国政府在未来五年内每年每年购买200,000比特币。那是一种积极的行动，应该使美国成为“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.

特朗普白宫似乎还使它关于比特币的信息混淆了。储备金的全部要点应该承认比特币是黄金或石油界的国家对国家未来必不可少的战略资产。但是，在平行的道路上，政府还正在创建一种美国数字资产库存，其中包括不同的山寨币。在正式宣布战略比特币保护区的一周之前，特朗普总统似乎表明，以太坊，XRP，Solana和Cardano可能包括在内。目前，将包含的确切加密货币在不断变化中很大程度上，这只会增加对实际创造的不确定性。

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日正式宣布战略性比特币储备之前，加密货币行业就有了推迟。当有消息称可能包括其他加密货币时，Coinbase（NASDAQ：COIN）全球首席执行官Brian Armstrong指出：“只是比特币可能是最好的选择……”

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.

其他人则称这一举动为“特朗普泵”，并且拼命地尝试加油价格，这是自一月份就职以来一直在下降的。还有其他人建议，一旦国会参与，特朗普命名的一些加密货币将永远不会被包括在内。

The big picture outlook for Bitcoin

比特币的大局前景

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.

话虽这么说，即使加密货币市场参与者对战略比特币储备的热情，比特币（加密：BTC）现在看起来仍然是安全的买入。监管机构似乎与比特币是商品而不是安全性的概念一样。它具有胜过整个市场的悠久记录，并且与“数字黄金”相提并论，因为它具有长期的价值和对冲通货膨胀和经济不确定性的能力。

Image source: Getty Images.

图像来源：盖蒂图像。

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都无法提出相同的主张。一次或一次，所有这些都面临SEC的潜在监管监督，以成为证券。实际上，XRP仍未完全解决与SEC的四年法律斗争。因此，在许多方面，这四种加密货币都可以被认为是完全投机的技术库存，该股票完全有能力随时进入零。

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，即使美国联邦政府开始购买新的比特币的预期还要长，但许多其他主权政府也可能会自己推出战略性的比特币储备。目前，去年推出了立法，巴西似乎是领先者。包括德克萨斯州和佛罗里达州在内的美国许多州都在自己的比特币储备中前进。

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，这里的全局是，新的比特币购买压力即将出现。关键将是采取某种国会行动将战略比特币储备定为法律。试图通过大量执行命令来管理加密货币行业的战略方向实在太混乱了。

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.

归根结底，我正在加载比特币，但在其他被称为美国数字资产库存一部分的加密货币上保持谨慎。只要美国政府继续支持加密货币，比特币在未来几年内有价值飙升。