Pay attention to the words of President #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 of Bitcoin with this news.
Speaker (off-camera):
We are now living 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 already held by the federal government, meaning 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 more than $17 billion in lost value, because we did not have a long-term strategy, but now we have one.