The crypto industry is making a mistake in what it’s asking from Trump. Instead of pushing for a #Bitcoin Strategic Reserve (BSR) or regulatory favors that benefit a few big players, they should focus on something that actually matters long-term: integrating Bitcoin as a neutral reserve asset that strengthens the U.S. financial system in a way that can’t be undone by the next administration.
Why a Bitcoin Strategic Reserve is a Bad Idea
• If the U.S. government stockpiles Bitcoin, it becomes a political weapon.
• A future administration—especially one hostile to crypto—could dump the holdings, tanking the market and shaking confidence.
• Governments don’t buy assets because they believe in them; they do it for political reasons.
The Problem with Crypto Regulation
• The loudest voices pushing for regulation are the ones who stand to benefit: executives at exchanges, brokers, and crypto banks.
• Any regulation that passes will likely entrench these companies while squeezing out true innovation.
• Instead of a thriving, open market, we’ll get a Wall Street-style oligopoly, where only the biggest firms can afford to play.
The Right Wish to Make
• The dollar isn’t going anywhere, but the world is moving away from holding U.S. treasuries as reserves.
• To stay ahead, the U.S. needs to back its financial system with a neutral reserve asset—Bitcoin or gold—rather than just debt.
• This keeps the dollar dominant in global trade while ensuring Bitcoin becomes a foundational part of the financial system.
The Bigger Picture
The crypto industry is thinking too small. Instead of asking for short-term price pumps or regulatory loopholes, it should be pushing for Bitcoin’s integration into the global reserve system—something that would cement its role for decades, no matter who’s in office.