Donald Trump Considers Bitcoin As A "FortUS Digital", A Strategic Reserve Form

President of the United States, Donald Trump (photo: x @potus)

JAKARTA The administration of the President of the United States, Donald Trump, this week announced a major step in digital asset policy by forming Bitcoin's strategic reserves. Senior officials at the White House called this step the creation of "digital FORt fire for digital gold." This confirms that Bitcoin deserves special treatment among other crypto assets.

Fort fire itself is the United States' main gold reserve storage area, which is now in line with the government's new policy on Bitcoin. Trump signed an executive order on Thursday 6 March to officially create Bitcoin strategic reserves, which will be managed differently from other digital asset reserves.

In a briefing to the media on Friday 7 March, a senior government official stated that Bitcoin is unique compared to other crypto assets.

"Bitcoin is the first, safest, never hacked, and has guaranteed scarcity as its protocol limits the maximum number to 21 million coins. In addition, Bitcoin is also the most decentralized compared to other crypto assets," the official said.

This executive order also gives the authority to the Minister of Finance, Scott Bessent, and Minister of Trade, Howard Lutnick, to develop a Bitcoin addition strategy into strategic reserves with a neutral approach to the budget.

Government officials emphasize that, such as gold, which has been considered a strategic asset and stored in the long term without taking into account price fluctuations, the same policy will be applied to Bitcoin.

Apart from Bitcoin, this executive order also creates a separate digital asset reserve that will include other cryptocurrencies obtained by the government through the confiscation process or forfeit. Unlike Bitcoin reserves, the government will not buy or add other assets in this category.

"The principle applied is responsible management. The Minister of Finance has the freedom to adjust the portfolio, as long as it remains in accordance with applicable budget policies," explained one official.

As part of this new policy, Trump is scheduled to meet with a number of crypto industry leaders in a four-hour round-table discussion at the White House on Friday 7 March at 13:30 local time. The meeting will also be attended by David Sacks, the president's crypto policy adviser.

This move marks the government's new approach in managing and recognizing Bitcoin as a strategic asset, as well as providing a clearer policy direction for the digital asset industry in the United States.