We have executive order establishing a Bitcoin Strategic Reserve in the U.S.—but what does it actually mean?
In this video, we break down:
🔹 How the U.S. government is stockpiling confiscated Bitcoin
🔹 Why Trump’s crypto stance might not be what Bitcoin maxis think
🔹 His recent XRP, Solana, and ADA tweets—what’s the connection?
🔹 How the U.S. could mine Bitcoin without taxpayer dollars
🔹 The possibility of XRP, ADA, and other digital assets being included in the reserve
Could Ripple’s escrow play a role? Will XRP, XLM, or HBAR make the cut? Find out what’s next for U.S. digital asset policy and which coins could be added to the stockpile!
In this video, we break down:
🔹 How the U.S. government is stockpiling confiscated Bitcoin
🔹 Why Trump’s crypto stance might not be what Bitcoin maxis think
🔹 His recent XRP, Solana, and ADA tweets—what’s the connection?
🔹 How the U.S. could mine Bitcoin without taxpayer dollars
🔹 The possibility of XRP, ADA, and other digital assets being included in the reserve
Could Ripple’s escrow play a role? Will XRP, XLM, or HBAR make the cut? Find out what’s next for U.S. digital asset policy and which coins could be added to the stockpile!
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LifestyleTranscript
00:00In today's video, we're going to run down why the strategic reserve is important for the US
00:04and what it means to you and crypto. All right, so last week we had Trump sign it. He signed the
00:12executive order for a strategic reserve for Bitcoin here in the US, which is a promise that
00:17he made on the campaign trail. But I don't know that it means everything that the Bitcoin Maxis
00:22thinks it means. We're also going to get into why he tweeted about XRP, Salon, and ADA the Sunday
00:27before he signs this executive order, and then none of that was mentioned in the executive order.
00:32I mean, well, it kind of was with the stockpile, and we'll get into that too. So stick around,
00:36hang out, and we're going to run it all down. All right, so basically what the bill says
00:42is that they're going to take all of the confiscated Bitcoin that they still have,
00:47and they're going to use that as the strategic reserve here in the US. And Trump did say that
00:52they could buy more Bitcoin, but it can't be a cost to the taxpayer. So they've got to come up with
00:57some other ways that they can do that. The ways that I've thought through that this might make
01:01sense is if there are dams across the US that could use hydroelectric power, and maybe the US
01:08government could set up mining pools for Bitcoin, and there's excess energy that, you know, they own
01:13the Hoover Dam. There's certain dams and power centers across the US that the US government has
01:20domain over or participates in. And there's a potential way that they could divert some of
01:27that energy that's used there into a Bitcoin mining mechanism. And that's a way that they
01:32could participate and earn more Bitcoin and continue to stockpile it for the reserve.
01:36But I really don't see that there's not a whole lot of other resources for them to be able to purchase
01:41Bitcoin, right? Now, for the stockpile, that's a bit different. They gave some leeway there
01:49that they could negotiate things or do other things to be able to pull in those other assets.
01:53And they did say that they are going to bring in other digital assets into the stockpile, which I
01:59think will include ADA, XRP, maybe some Solana, things that they think are going to be a systemic
02:06importance or of systemic importance. And I think that this was more of a put than a call
02:15on Bitcoin. It's kind of like, well, just in case we're wrong about this thing, maybe we should fold
02:22it in. And that's kind of how Trump talked about it. In most of the circumstances, when he's been
02:27discussing this, even when he was signing the executive order, he was like, oh, this, yeah,
02:32we promised this. Okay. Yeah. Well, yeah, this seems like a good idea. We'll just go ahead and sign
02:36across the dotted line here. And then when he was talking about it at the crypto summit on Friday,
02:40he said, you know, Bitcoin holders say not to sell their Bitcoin and they've been right up to this
02:45point, but who really knows? You know, uh, those were almost his words verbatim. So I don't know
02:52that the U S government or Trump is oversold on Bitcoin, that it is the end all be all of digital
02:58assets. I think that there are some of the things going on behind the scenes. We know that many of
03:02the other companies, uh, CEOs and people that are advocating for certain networks are meeting with
03:08Trump on a regular basis. And at least they're open to it, right? This is the first, uh, administration
03:13really, that's been pro crypto. There's bipartisan support for, uh, regulation in the space. Uh, he did
03:21state that we're going to see stable coin regulations by August of this year, uh, at the crypto summit
03:27this last week as well. And so I think that that's really awesome for the space. And I think that we're
03:32going to see the appreciation and certain networks are going to get included. Uh, the, the work
03:38group is still in that 180 day period where they're going to decide what the other assets
03:43in the stockpile are going to be. And I think that depending on how the next, you know, 30,
03:4760, 90 days work out for different assets and their utility or adoption, uh, or appreciation,
03:54uh, some of those things could change dramatically. Um, the main wild card that I think a lot of people
04:01are anticipating, uh, the U S government to use here, maybe ripple to use to include XRP,
04:07in the strategic reserve or the stockpile, most likely the stockpile at this point,
04:12uh, is the escrow that ripple holds. And ripple does hold, you know, 48 billion XRP, uh, in the
04:20escrow. And there's a potential that the U S government could say, Hey, you know, let's, uh,
04:26let's settle up those fines, um, from the sec case, which it's still the only one outstanding,
04:31which is crazy to me. Uh, the sec has dismissed all of the other cases, um, by regulation, by
04:39enforcement that were under the Biden administration, except for ripple versus the sec, uh, and the
04:44appeal that that is, that's been put forth there, even after, uh, they got the judgment of 125
04:50million, uh, that ripple would owe the sec for damages, uh, which, you know, you can have your
04:56opinions there. I have mine. So anyway, but I think that is a, a way that they could say, Hey,
05:03let's just take this 125 million from ripple. Let's instead of cash that they put in the escrow,
05:07let's take it from, from them in XRP. So that'd be around 50 million XRP right now at the current
05:13value. Uh, you also have the instance that, uh, ripple met with the fed back in 2014. Uh, Greg kid
05:21was like the fourth of an employee at ripple and he orchestrated that meeting. And so what was
05:26discussed back then, right? Was there an allocation of their 1700 NDAs that ripple has across the globe
05:34with financial institutions, enterprises, and potentially governments. And the U S government
05:39could be one of those NDAs that already has an allocation to XRP. And that was one of the things
05:45that, uh, the crypto czar mentioned just recently in an interview. He stated that we haven't
05:51audited what crypto the government owns. We just know that they've confiscated that Bitcoin.
05:56And so we need to go through a full audit of what the U S government actually owns. And then based on
06:01those results, it's likely that we would include some of those assets in the stockpile. And so I
06:07think as they go through the audit, they might find out that the U S government already owns some
06:11XRP and it might be a pretty good chunk just depending on, you know, uh, those NDAs and what that
06:17actually looks like, or there could be a preallocated price, uh, or negotiated price between
06:22ripple and U S government from back in the day that maybe they can claim or pick up. So I do think
06:28that XRP will be included in the, uh, stockpile here in the U S I think it'll need to be. Uh, and I
06:34think that that escrow that ripple holds is likely going to play a role, um, in how that happens and
06:41maybe even a lawsuit, right? There's, there's a lot of things up in the air. Uh, but I'm really bullish
06:45on, uh, some of these other assets being included in the strategic reserve. Hopefully H bar gets
06:51some recognition. I think that that one's a prominent asset that, that probably should be
06:56included. XLM XDC. There's, there's some other things that I think the U S government should
07:01probably be looking at aside from Bitcoin. Um, now that Tether has moved offshore, but that's another
07:08topic. So hopefully this has been valuable for you. I think that XRP is definitely going to get
07:13included. Bitcoin's obviously there and that there will be many others that the U S government looks
07:18at in the next 180 days before they decide what's in the actual stockpile. Uh, but let me know what
07:25your thoughts are in the comments below. Uh, are there going to be, is ADA going to make it in there?
07:30Is Seoul going to make it in there? Is ETH going to make it in there? I know that, you know, Trump
07:34mentioned Bitcoin and ETH after he tweeted about XRP salon and ADA. So it's all kind of up in the air.
07:42Again, I don't think Trump's overly sold on Bitcoin, just how he's talked about it, but
07:46I would love to hear your comments again below. Please like subscribe and we'll see you on the next one.