A Positive Step for the People

Landmark federal announcements and actions concerning the economic status of this country have historically failed to put the citizens first. Instead, the landmark decisions have aimed to preserve the power of the government or Wall Street while the common citizen was taken advantage of. It is not a stretch to say that the passage and establishment of a United States Bitcoin Strategic Reserve will not only be one of the most important financial decisions since the turn of the 20th century but also one of the only positive decisions for the American people.

The historical announcements I refer to that specifically have been against the American public were:

Executive Order 6102 (1933 Gold Confiscation): President Franklin D. Roosevelt issued this Executive Order which forbid “the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” The order required all persons to deliver their gold to the Federal Reserve in exchange for $20.67 per ounce. Executive Order 6102 was followed by the 1934 Gold Reserve Act which repriced the ounce of gold from $20.67 to $35 an ounce. The federal government profited through confiscation and the manipulation of the citizens of this country.

President Nixon’s 1971 Removal of the Gold Standard: This announcement delinked the dollar from gold and effectively recreated the global monetary system overnight. Gone were the days where every dollar was backed by a scarce asset. Instead, this opened the door for the last 50 years of money printing and currency debasement. Since 1971, the dollar has lost over 98% of its purchasing power and has specifically lost roughly 20% of its purchasing power since 2020.

The 2008 Wall Street Bank bailout: Instead of the free market running its course and letting banks acting in malicious and unsustainable ways fail, the federal government approved a bailout where the taxpayers of this country footed the bill. The Troubled Asset Relief Program (TARP) injected $700 billion to stabilize the financial sector during the Great Recession. While many people lost everything and millions of others were impacted, many of the banks were made whole with little accountability. This bailout has led to banks becoming “too big to fail” and has set a precedent for the free market failing to actually exist as it relates to these entities.

All of these actions were undoubtedly “important” for the future of this country but important is neither “good” nor “bad.” Important is meaningful. As time has passed all three of these acts have withstood the test of being “important” however they all have been markedly “bad” for the American public as well. Confiscation, currency debasement, and funding criminal activity were the burdens that the American citizen had to shoulder over the past century as each of these acts ran their course.

With a century of important and negative announcements and actions, it’s about time the American people saw an important and positive announcement and action regarding the economic future of this country.

The establishment of a United States Bitcoin Strategic Reserve would undoubtedly be important because it would signal to the world that the United States aims to be the leader in this disruptive technological innovation. It would be important because it would signal to the citizens of this country, and people of the world, that the United States aims to prioritize the future and no longer lives to only prioritize the present at the expense of the future. It would be important because it would entrench the United States as the leader of the only finite and scarce digital currency in existence.

The establishment of a United States Bitcoin Strategic Reserve would also be positive for the American people. Unlike the 1933 Gold Confiscation, the normal American citizen is not required to donate their hard-earned Bitcoin to fund a strategic reserve. Unlike the 1971 removal of the gold standard, purchasing Bitcoin or holding Bitcoin on behalf of the American people actually preserves future purchasing power because of the nature of the investment in the scarcest asset in the world. Unlike bailing out Wall Street in 2008, establishing a Bitcoin Strategic Reserve does not create a caste system of the “haves” and the “have nots,” instead, it revitalizes the direction of this country as being future-based and driven toward innovation.

A Bitcoin Strategic Reserve is a signal to the world that the United States aims to once again lead from the front and continue to be the global leader of the free world.

BREAKING NEWS AS OF ~7:00 PM EST ON March 6th, 2025:

I had to come in here and update this post because the Strategic Reserve is here.

The nation state cycle is upon us.

Bitcoin is here to stay and the United States are the world leader.

Stack SATs.

The views and opinions expressed here are for entertainment purposes only and should, in no way, be interpreted as financial or investment advice. Always conduct your own research when making an investment or trading decision, as each such move involves risk. I am not a financial advisor and do not claim to be qualified to convey information or advice that a registered financial advisor would convey to clients as guidance. Nothing contained in this e-mail/article constitutes, or shall be construed as, an offering of financial instruments, investment advice, or recommendations of an investment strategy. If you are seeking financial advice, find a professional who is right for you.