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larry
@larryflorio.eth
Last night, the President established a Strategic BTC Reserve – locking up forfeited BTC as a permanent* national asset Some key points: - BTC recognized as “digital gold” - Agencies must transfer seized BTC to the Treasury within 30 days - No sales permitted What else? 🧵
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larry
@larryflorio.eth
The Exec Order also created a Digital Asset Stockpile for other tokens (ETH, stablecoins, etc) that will be: - Managed separately from the BTC reserve - Allows strategic disposition of altcoins (unlike BTC’s permanent* hold) - Funded through civil/criminal forfeitures
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larry
@larryflorio.eth
Key restrictions & acquisition rules: - New BTC buys allowed only if budget-neutral (no taxpayer $) - Assets can only be released for victim restitution, law enforcement ops, state/local agency sharing - Treasury must present legal framework within 60 days
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larry
@larryflorio.eth
* Why do I keep caveating permanent? If the Reserve is being created by Exec Order rather than legislation or other mechanism, another EO can reverse it (whether by this POTUS or a future one) It’s early days on this ofc so tbd how that plays out long term
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larry
@larryflorio.eth
Full text of the Executive Order: https://www.whitehouse.gov/presidential-actions/2025/03/establishment-of-the-strategic-bitcoin-reserveand-united-states-digital-asset-stockpile/
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