#BitcoinPolicyShift

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, explaining the lack of positive reaction from Bitcoin to 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 campaign, and today we will fulfill this 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." The 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; now we have one.

$BTC

Trump responds:

And is this something you believe in?

^ My comment on this statement:

Here, I was surprised by the response because it indicates that he (does not believe) in Bitcoin, but rather just goes along with what those around him say because (they believe in it) and not because (he believes in this). So is this executive order just a (formality)?

He also referred to Bitcoin as "something" and his manner of responding makes it seem like it's the first time he has heard of it. You don't know any information about it.