The first hundred days of returning to President Donald Trump to the White House have compiled a number of bitcoin-centered political moves, which were mined by the Secretary of Trade, Howard Lutnick's powerful comparison with the assets of “gold” and his declaration that it is now unambiguous Federal support. A conversation In the building of the Bitcoin Frank Corvaga Executive Department, Lutnick outlined the administration, which considers the BTC as a speculative novelty, but as a strategic commodity woven into the American trade, energy and investment plans.
Lutnick opened in a previous regulatory climate with a stinged retrospective: “Bitcoin was treated under the Biden administration as you did something wrong. It was a feeling that when you even talked about it, you had to look over your shoulder.
He then threw President Trump in the “Government” -Professiense Voice, lined by “Crypto Tsar David Sacks and I”. According to him, the trio “helped the President to fulfill his promises and offer Bitcoin's strategic reserve” only weeks after the inauguration.
In order to obtain the details of the Federal Bitcoin audit, Lutnick refused to expose balances or custody architecture, explaining: “If the administration wants to come out with these answers, we will come out with them, but unfortunately I have no freedom to do so.”
Bitcoin is new gold
What he offered was a conceptual plan. He demanded that Bitcoin is a commodity: “There is only so much – 21 million. No one can” fix “the software; no one can dilute it. This rarity is its value,” he said. “If the United States embraces something, you have never seen the United States turn back on it.”
This commodity framework is already through the trade department. Lutnick revealed that the Bureau of Economic Analysis would investigate whether Bitcoin reserves should appear in the country's international investment position and possibly even affect the balance of trade balance. “I think this is a really good idea,” he said before the mixing of broader statistical reforms aimed at allocating actual production from government expenses that are not goods and services. “
The secretary's enthusiasm reached its peak when he clarified the new investment accelerator, the capital of the trade company, the contact point of the capital projects over a billion dollars: “If it is ten billion or more, we will appoint a full-time person for whom you can call at any time,” Lutnick said. “And if you want to mince a bitcoin and you can find the right place for it, you can build your power plant next to it.”
His vision is married to the sites of the failed hydrofafs and burning gases, which he thinks is “turbocharged bitcoin mining in America”. He argued that out -of -network generation neutralizes complaints that miners would repel the household's electricity demand while locking the world's lowest limit costs. “You see data centers on the gas fields,” he predicted, “so they will not be taken on the net – and it will create a boom.”
What happens to the decentralization of Bitcoin? Is censorship in the threat of US soil? Lutnick was blunt: “America is the most extraordinary business on earth. What is the American plan B?” He asked, adding that in the regulatory clarity offered, the miners would be everywhere, “nodding their heads”.
He admitted that Bitcoin currently has to share the West Wing bandwidth with a large -scale trade package and aggressive peace initiative. However, he emphasized that the strategic reserve and the investment relay already satisfy the two clear promises of the candidate-drump. “After setting the two on the big agenda, Lutnick said,” I think we're going to talk a little more about Bitcoin. “
Until then, the message of the secretary remains clear: Bitcoin is gold, America intends to extract it, and Federal politics will be rewritten to make sure that the mother's Lode remains on land.
During the press, BTC traded for $ 94,350.
Highlighted Picture from YouTube, Graph's Site TradingView.com
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