So, the President just signed an EO directing ppl to create a working group to evaluate “crypto.” I love the choice of words here—very strategic. These carefully calculated terms suggest: “Do not crush the market, but don’t move it aggressively either.” I believe the Strategic Bitcoin Reserve is happening now, and they might have even started buying in stealth mode without being too aggressive.
Discussion
I think they will do it bottom up. First the states and once many of them own Bitcoin already the Federal Gov will start something from their side.
The signal is now very clear
