Pay attention to the President's words #Trump ‼️ I translated the dialogue that took place before signing the executive order regarding the #Bitcoin reserve.
My notes will be left below, which clarify the lack of positive interaction from Bitcoin with this news.
Speaker (off camera):
We are now living in a historic moment; we will sign an executive order to create a strategic reserve of #Bitcoin and digital assets. This is a promise you made during your election campaign, and today we will fulfill that promise. The financial reserve will be funded using the Bitcoin that the federal government already owns, which means there will be no need to use taxpayer money to fund this reserve. This will serve as a "digital Fort Knox" to protect "digital gold." Early sales of Bitcoin over the past years have cost American taxpayers over $17 billion in lost value because we did not have a long-term strategy; now we do.
$BTC