{"id":67222,"date":"2025-02-23T04:47:48","date_gmt":"2025-02-23T04:47:48","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2025\/02\/23\/trump-is-taking-bitcoin-serious-says-bpi-director\/"},"modified":"2025-02-23T04:47:48","modified_gmt":"2025-02-23T04:47:48","slug":"trump-is-taking-bitcoin-serious-says-bpi-director","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2025\/02\/23\/trump-is-taking-bitcoin-serious-says-bpi-director\/","title":{"rendered":"Trump Is Taking Bitcoin &#8216;Serious&#8217;, Says BPI Director"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>In a wide-ranging dialogue on The Culture Bit podcast, Bitcoin Policy Institute (BPI) Executive Director and nationwide safety knowledgeable Matthew Pines gave his newest evaluation of the evolving relationship between the Trump administration and Bitcoin. Joined by Simply Bitcoin host Nico Moran and present host Alan Helm, Pines underscored how BTC\u2019s rising affect in Washington has shortly turn into a key ingredient of US financial and geopolitical technique.<\/p>\n<h2>Trump Is \u2018Paying Serious Attention To Bitcoin\u2019<\/h2>\n<p>Pines shortly <a href=\"https:\/\/x.com\/BitcoinMagazine\/status\/1891951405461577866\" target=\"_blank\" rel=\"noopener nofollow\">turned<\/a> to Washington, the place the Trump administration has launched a number of initiatives that place BTC firmly on the federal agenda. In specific, the White House\u2019s current <a href=\"https:\/\/bitcoinist.com\/will-the-bitcoin-4-year-cycle-break-under-trumps-crypto-executive-order-bitwise-cio-explains\/\" target=\"_blank\" rel=\"noopener \">executive orders<\/a> have prompted companies to discover whether or not the US ought to set up a Strategic Bitcoin Reserve (SBR), incorporate BTC into a possible sovereign wealth fund, and devise clearer guidelines round stablecoins.<\/p>\n<p>According to Pines, the prospect of a nationwide BTC reserve, as soon as thought of fringe, now carries rising traction: \u201cTrump came in and signed an executive order establishing a President\u2019s Working Group on digital assets, specifically mentioning the idea of a strategic digital asset stockpile,\u201d he stated. \u201cThey really are studying this issue\u2014this isn\u2019t just lip service. If the US does something significant with Bitcoin, it could have enormous geopolitical implications.\u201d<\/p>\n<p>Pines cautioned that coverage growth in Washington is gradual and deliberate, notably when it includes a number of companies, but he believes momentum is constructing: \u201cOnce the government decides to move on something like this, things can happen quickly,\u201d he famous, \u201cbut right now, there are a lot of new officials and nominations settling in. They have to do the homework first.\u201d<\/p>\n<p>Alongside discuss of a reserve, the administration has additionally tasked Secretary of Commerce <a href=\"https:\/\/bitcoinist.com\/us-senate-panel-approves-crypto-advocate-billionaire-howard-lutnick-for-commerce-secretary\/\" target=\"_blank\" rel=\"noopener \">Howard Lutnick<\/a> and Secretary of the Treasury <a href=\"https:\/\/bitcoinist.com\/scott-bessent-confirmed-as-treasury-secretary\/\" target=\"_blank\" rel=\"noopener \">Scott Bessent<\/a> to develop the framework for a US Sovereign Wealth Fund, prompting debate over whether or not it ought to embody Bitcoin.<\/p>\n<p>Pines described how a sovereign wealth fund might broaden assist for BTC amongst influential sectors\u2014corresponding to power, AI, and protection\u2014since future returns on BTC may finance strategic home investments: \u201cIf Bitcoin is in the fund, it could align a lot of stakeholders to be pro-Bitcoin, because a rising Bitcoin price directly enhances the fund\u2019s capacity to invest,\u201d he defined.<\/p>\n<p>Yet there stay loads of particulars to iron out, not least of which is easy methods to mitigate considerations over BTC\u2019s volatility and easy methods to deal with potential pushback from different corners of the \u201ccrypto\u201d sector. Pines famous there may be lobbying from sure giant altcoin organizations to dilute the concept of a strictly BTC reserve and push for a broader \u201cdigital asset\u201d focus.<\/p>\n<p>Commenting on the realities of lobbying and politics, Moran underscored how Bitcoiners\u2014a lot of whom are staunchly anti-establishment\u2014have needed to regulate to the newfound necessity of political engagement. \u201cIf you think about it, this was always going to happen,\u201d Moran identified. \u201cMoney itself is inherently political. Bitcoin represents an alternative to central banking. Of course it\u2019s going to become a heated topic in D.C.\u201d<\/p>\n<p>In the ultimate evaluation, Pines and Moran each anticipate swift developments in how the Trump administration crafts its digital asset insurance policies. While the precise type of a possible SBR or sovereign wealth fund stays unclear, Pines emphasised that the BPI will proceed offering data-driven steering to policymakers on Capitol Hill and inside the administration:<\/p>\n<p>\u201cThey really are paying serious attention to Bitcoin, and the window of opportunity to shape policy is right now,\u201d he stated. \u201cWe want to make sure that policymakers fully understand Bitcoin\u2019s technological underpinnings, its strategic uses, and what it represents for both economic security and individual freedoms.\u201d<\/p>\n<p>Moran echoed that sentiment, underscoring the distinction in how Washington now treats BTC relative to only a few years in the past: \u201cLast year, we weren\u2019t even in the room. Today, some of the highest-ranking officials in the country own Bitcoin themselves. That changes everything,\u201d he concluded.<\/p>\n<p>At press time, BTC traded at $95,805.<\/p>\n<figure id=\"attachment_401588\" aria-describedby=\"caption-attachment-401588\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"size-full wp-image-401588\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-19_09-10-15.png?resize=1024%2C473\" alt=\"Bitcoin price\" width=\"1024\" height=\"473\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-19_09-10-15.png?w=3628 3628w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-19_09-10-15.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-19_09-10-15.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-19_09-10-15.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-19_09-10-15.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-19_09-10-15.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-19_09-10-15.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-19_09-10-15.png?w=1140 1140w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-19_09-10-15.png?w=3000 3000w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"\/><figcaption id=\"caption-attachment-401588\" class=\"wp-caption-text\">BTC worth bounces from the channel backside, 4-hour chart | Source: <a href=\"https:\/\/www.tradingview.com\/x\/Y0nLdQDS\/\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n<p>Featured picture from YouTube, chart from TradingView.com<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/trump-is-taking-bitcoin-serious-bpi-director\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a wide-ranging dialogue on The Culture Bit podcast, Bitcoin Policy Institute (BPI) Executive Director and nationwide safety knowledgeable Matthew Pines gave his newest evaluation of the evolving relationship between the Trump administration and Bitcoin. Joined by Simply Bitcoin host Nico Moran and present host Alan Helm, Pines underscored how BTC\u2019s rising affect in Washington [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":67224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[20,5010,5289,5165],"class_list":{"0":"post-67222","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-bitcoin","9":"tag-bpi","10":"tag-director","11":"tag-trump"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/67222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=67222"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/67222\/revisions"}],"predecessor-version":[{"id":67223,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/67222\/revisions\/67223"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/67224"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=67222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=67222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=67222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}