Washington Post: Trump to sign Day 1 executive order; host "crypto ball" on 1/17

[RoseAPT]

https://www.washingtonpost.com/politics/2025/01/13/andreessen-tech-industry-trump-administration-doge/


"The Trump team has made it very clear that this is a priority."

Not trying to turn this into a political conversation. I have (historically) been a Democrat. But this is positive news for BTC and I think one positive step towards greater adoption. Not sure what he will do regarding the strategic reserve, but just having the UNITED STATES government finally support BTC brings a certain level of validation to Bitcoin.

I don't care how bullish we all were for the past decade. There was always a level of uncertainty regarding BTC. Much of that uncertainty will disappear in one week, and BTC just became THAT much less risky as a hedge against inflation, a store of value, and perhaps even as a currency.

[Darker45]

I'm afraid anything related to crypto might not be given big attention on day one. I mean, I don't think there will be an executive order on day one that's Bitcoin-related. I hope my prediction is wrong, of course.

However, realistically speaking, I don't think Bitcoin or crypto is as urgent as Trump's priority policies on energy, immigration, war in Europe, and others that it has to be attended to on his very first day in office. 

For those who think that day one is all about Bitcoin, let's probably trim down our expectations. It won't be about strategic reserve and Ulbricht and Gensler and others.

[Don Pedro Dinero]

What you say does not correspond to the article you quoted. The article talks about Elon Musk, Marc Andreessen and tech but nothing about an executive order on day 1, which is a rumour I've been hearing for some time but I don't see it in the Washington Post article.

Searching in a search engine for the title I find another article that speculates on it but does not take it for granted:

Everyone’s counting on Trump to sign executive orders right after he’s sworn in.

The real action kicks off on January 20. <...>
Then J.D. Vance will take his oath as vice president, followed by Donald Trump swearing in as the 47th president of the United States.

His inauguration speech is expected to lay out all plans for the next four years, and crypto insiders will be listening closely. Why? Because the industry anticipates immediate executive orders that could change everything.

[pooya87]

I don't care how bullish we all were for the past decade. There was always a level of uncertainty regarding BTC. Much of that uncertainty will disappear in one week, and BTC just became THAT much less risky as a hedge against inflation, a store of value, and perhaps even as a currency.

You are correct that with a move like this the "doubt" in many people's minds due to years of FUD could go away but time will tell if this is actually a positive thing for volatility or a negative thing. I'm personally worried about government level market manipulation coming to bitcoin from now on. And that is the most dangerous thing that can significantly damage adoption and future bullish trends as US government would be the one doing the "pump and dump" where regular people would lose their lifesavings...

There is also the problem with centralization. We could start seeing more crackdowns on anything US government cannot control; we've already seen what happened to mixers and even wallet softwares that did CoinJoin and of course what they've been doing to exchanges (forcing more surveillance).

On top of that US regime is trying to take control of the mining as well. That's is already terrible for bitcoin not to mention for the US electrical grid that is already experiencing a lot of problems and some predict "power shortfall" in the next decade. That only means crackdowns and centralization would get worse.

[FortuneFollower]

I'm afraid anything related to crypto might not be given big attention on day one. I mean, I don't think there will be an executive order on day one that's Bitcoin-related. I hope my prediction is wrong, of course.

However, realistically speaking, I don't think Bitcoin or crypto is as urgent as Trump's priority policies on energy, immigration, war in Europe, and others that it has to be attended to on his very first day in office. 

For those who think that day one is all about Bitcoin, let's probably trim down our expectations. It won't be about strategic reserve and Ulbricht and Gensler and others.

Agreed. Heard lots of speculations about the matter, but in any case, politicians do have bigger fish to fry going from day one.
There is nothing wrong with that, we would just need more time to see actions about the matters that matter to us personally.

[Maslate]

I see the same thing as @Don Pedro Dinero - it seems like you might’ve shared a different link, OP. I can’t scroll down either because it’s behind a subscription wall.

Anyway, if this is true, it’s a great sign that Trump is seriously considering not just Bitcoin but probably crypto in general. Well, he does have a project, so there’s a chance he might promote it too. Let’s see how this plays out.

[betswift]

I see the same thing as @Don Pedro Dinero - it seems like you might’ve shared a different link, OP. I can’t scroll down either because it’s behind a subscription wall.

Anyway, if this is true, it’s a great sign that Trump is seriously considering not just Bitcoin but probably crypto in general. Well, he does have a project, so there’s a chance he might promote it too. Let’s see how this plays out.

We will check the aftermath of the OP's post pretty soon, so nothing to worry about there.
And in any case - this year should be bullish for Bitcoin, even if some events won't happen the way we envision / speculate them to be, the overall trend and sentiment would still be there.

[slaman29]

I bet you many other countries already doing this in some way (thru their intelligence agencies or something). Which country was it that was collecting seized BTC and unlike USA they were not selling it? We know North Korea already doing it. El Salvador. All small countries but already so much BTC.

Just waiting for USA and China to come in then boom we gonna get our 1 million BTC lol

[CryptoBuds]

I'm afraid anything related to crypto might not be given big attention on day one. I mean, I don't think there will be an executive order on day one that's Bitcoin-related. I hope my prediction is wrong, of course.

However, realistically speaking, I don't think Bitcoin or crypto is as urgent as Trump's priority policies on energy, immigration, war in Europe, and others that it has to be attended to on his very first day in office. 

For those who think that day one is all about Bitcoin, let's probably trim down our expectations. It won't be about strategic reserve and Ulbricht and Gensler and others.

Not only you, I and many others also don't believe that he will mention crypto on the first day because obviously crypto is not more urgent than other issues but what OP said is valid and there have been some rumors about it.
According to the Washington Post, he will issue a number of executive orders supporting digital assets and promoting blockchain technology on his first day in office, even his team says this is a priority mission. But I agree with you, we should lower expectations, don't think he will make statements about bitcoin reserves or Ulbricht, that is unrealistic.


https://cointelegraph.com/news/trump-first-day-crypto-executive-orders-report

[john_egbert]

Not only you, I and many others also don't believe that he will mention crypto on the first day because obviously crypto is not more urgent than other issues but what OP said is valid and there have been some rumors about it.
According to the Washington Post, he will issue a number of executive orders supporting digital assets and promoting blockchain technology on his first day in office, even his team says this is a priority mission. But I agree with you, we should lower expectations, don't think he will make statements about bitcoin reserves or Ulbricht, that is unrealistic.

That would be great if that was the case, however - I don't want to get burnt once things won't go the way they are envisioned  Happened too many times to not to see the pattern at which the news shape our view of the situation overall and on the market too.

[Maslate]

I see the same thing as @Don Pedro Dinero - it seems like you might’ve shared a different link, OP. I can’t scroll down either because it’s behind a subscription wall.

Anyway, if this is true, it’s a great sign that Trump is seriously considering not just Bitcoin but probably crypto in general. Well, he does have a project, so there’s a chance he might promote it too. Let’s see how this plays out.

We will check the aftermath of the OP's post pretty soon, so nothing to worry about there.
And in any case - this year should be bullish for Bitcoin, even if some events won't happen the way we envision / speculate them to be, the overall trend and sentiment would still be there.

Maybe I'll just check other sources since this is pretty big news. If this is an action by Trump as president, it means it's already official. And this "crypto ball," if the government is really hosting it, is like reintroducing Bitcoin to the world, but this time, backed by the most powerful person in the US. Imagine the impact of that!

[AVE5]

I'm afraid anything related to crypto might not be given big attention on day one. I mean, I don't think there will be an executive order on day one that's Bitcoin-related. I hope my prediction is wrong, of course.

However, realistically speaking, I don't think Bitcoin or crypto is as urgent as Trump's priority policies on energy, immigration, war in Europe, and others that it has to be attended to on his very first day in office. 

For those who think that day one is all about Bitcoin, let's probably trim down our expectations. It won't be about strategic reserve and Ulbricht and Gensler and others.

You're right. There're more for Trump to tackle rather than the federal reserve on bitcoin. Foremost Trump is an economist which he had also surrounded himself with the economists and analytical teams to resolute the difficulties that the past government of Biden couldn't be able to achieve.
We've all learnt about the global wars and economy crisis savaging the contents of global resources.
The impact of global reserve is indeed a good decision but being sincere, that's only tangible for the US and bitcoin adoptors while there're more essence criterias to be made a prior at his resumption in office as theUS president.
And yeah the aim towards the adoption of bitcoin for Fed reserve could be achieve as time goes by while he's therefore thriving on executing effective others to rescue not just the economy surrounding bitcoin but most especially insecurities and global infrastructures.

[Jawhead999]

Or it could be like Executive Order 6102 where they confiscate the gold owned by any people and change them with useless fiat. Imagine if you're forced to give your Bitcoin and then they only give your fiat lol. In this case it's no longer bullish, but it's dangerous.

I think people might be tricked, if the government offer to pay 120% higher in fiat to trade with Bitcoin, many people will agree with tht.

I see the same thing as @Don Pedro Dinero - it seems like you might’ve shared a different link, OP. I can’t scroll down either because it’s behind a subscription wall.

You only need to fill the email address (no need to click confirmation from your email) and you can read the whole article.

[FortuneFollower]

You're right. There're more for Trump to tackle rather than the federal reserve on bitcoin. Foremost Trump is an economist which he had also surrounded himself with the economists and analytical teams to resolute the difficulties that the past government of Biden couldn't be able to achieve.
We've all learnt about the global wars and economy crisis savaging the contents of global resources.
The impact of global reserve is indeed a good decision but being sincere, that's only tangible for the US and bitcoin adoptors while there're more essence criterias to be made a prior at his resumption in office as theUS president.
And yeah the aim towards the adoption of bitcoin for Fed reserve could be achieve as time goes by while he's therefore thriving on executing effective others to rescue not just the economy surrounding bitcoin but most especially insecurities and global infrastructures.

We will need more time to see more actions from the administration for real - and I agree with your stance on it too.
Nothing comes cheap from politicians, and we would need to see bigger decisions unfold before they would start doing something regarding the crypto space and Bitocin.
On a side note - you've got your signature a bit wrong, there is "center]-/center" seen in it.

[Lucius]

Or it could be like Executive Order 6102 where they confiscate the gold owned by any people and change them with useless fiat. Imagine if you're forced to give your Bitcoin and then they only give your fiat lol. In this case it's no longer bullish, but it's dangerous.

I think people might be tricked, if the government offer to pay 120% higher in fiat to trade with Bitcoin, many people will agree with tht.
~snip~

I wrote something along those lines, because people who are expected to do something good have already shown many times that they do not keep their promises and that they say one thing and do something completely different. When I read all the ideas Donald and his puppets have, we must be prepared for the possibility you mentioned - because what happened with gold could happen again with Bitcoin.

People will do anything to make a profit (most of them), even if it means that they will agree to a deal with the devil himself. In the end, we may describe this whole story as "a lot of promises, a lot of hope and even more disappointments".

[Alpha Marine]

I don't think you read the article you read because the article did not lay this much emphasis on the relationship between bitcoin and the US. The article focused on how the trump administration is going to have a good relationship with tech companies and venture capitalists. It also talks about people from  Marc Andreessen and Elon Musk's corner having strategic government positions to make the transition from the Biden administration which had a foot on the throats of venture capitalists to the tech-friendly Trump administration.

For those who think that day one is all about Bitcoin, let's probably trim down our expectations. It won't be about strategic reserve and Ulbricht and Gensler and others.

I have said something similar before.
On second thought, it might be better for us if a whole lot of people believe that because the more they do and that narrative spreads, it might create more demand for bitcoin, which will in turn make the price keep going up  . So it might just benefit us to let them continue in the delusion.

[ultrloa]

I'm afraid anything related to crypto might not be given big attention on day one. I mean, I don't think there will be an executive order on day one that's Bitcoin-related. I hope my prediction is wrong, of course.

However, realistically speaking, I don't think Bitcoin or crypto is as urgent as Trump's priority policies on energy, immigration, war in Europe, and others that it has to be attended to on his very first day in office. 

For those who think that day one is all about Bitcoin, let's probably trim down our expectations. It won't be about strategic reserve and Ulbricht and Gensler and others.

Provably Trump will take care this issue first

Allies of the president-elect have been preparing a stack of executive orders that Trump could sign quickly on a wide range of topics – from the U.S.-Mexico border clampdown to energy development to federal Schedule F workforce rules, school gender policies and vaccine mandates, among other day-one promises made during his campaign.

Source is here https://www.mprnews.org/story/2025/01/13/trump-is-planning-100-executive-orders-starting-day-1

Maybe he will get back on what he promise to people regarding on Bitcoin and crypto later on.

But there's a rumor about issuing an executive order on first day but let see if this is really going to happen https://cointelegraph.com/news/trump-first-day-crypto-executive-orders-report

Still what's important there is he pay attention on what he promise and there's big chance that Bitcoin reserve plan would really happen under his term.

[Ziskinberg]

https://cointelegraph.com/news/trump-first-day-crypto-executive-orders-report

From what you shared, it seems Trump might prioritize policies that focus on the recognition of Bitcoin within financial institutions, especially banks. I’m not entirely sure about the current accounting practices in the banking industry when it comes to crypto holdings, but I assume those holdings are mostly from clients, with banks acting as custodians. In that case, it makes sense for those holdings to be treated as liabilities since the banks are obligated to return them within a certain timeframe. Because of the unique risks involved, it’s reasonable not to consider them as assets.

My guess is this "crypto ball" could be addressing crypto regulation. This would make sense since Trump would need to establish a clear stance on crypto in general before moving forward with bigger plans, like the strategic reserve we’ve all been waiting to see happen.

[RoseAPT]

I see the same thing as @Don Pedro Dinero - it seems like you might’ve shared a different link, OP. I can’t scroll down either because it’s behind a subscription wall.

Anyway, if this is true, it’s a great sign that Trump is seriously considering not just Bitcoin but probably crypto in general. Well, he does have a project, so there’s a chance he might promote it too. Let’s see how this plays out.

We will check the aftermath of the OP's post pretty soon, so nothing to worry about there.
And in any case - this year should be bullish for Bitcoin, even if some events won't happen the way we envision / speculate them to be, the overall trend and sentiment would still be there.

not sure where the confusion is. another guy posted above the screenshot of the article. here it is pasted:

Sacks and members of the Trump transition team have been working closely with crypto leaders to finalize a legislative strategy, and Trump is expected to issue executive orders on the first day of his presidency that may address issues including de-banking and the repeal of a controversial crypto accounting policy requiring banks holding digital assets to count them as liabilities on the bank's own balance sheet, according to a person involved with the conversations.

"The Trump team has made it very clear that this is a priority," the person added.

Article literally says Trump will sign pro-crypto executive orders on Day 1. the materiality of this impact will be based on the sentiment from the broader market, but this is clearly a good sign for the industry.

This is from the Washington Post, not some random X user. While many can complain about WP's political leanings in the past, Bezos is clearly trying to get closer to Trump and thus I would trust their reporting on Day 1 plans for now

[CryptoBuds]

...This would make sense since Trump would need to establish a clear stance on crypto in general before moving forward with bigger plans, like the strategic reserve we’ve all been waiting to see happen.

Unlike others, what I expect from the Trump administration is a more crypto-friendly administration, but I don't expect and expect to have bitcoin reserves. To me, the expectation of a bitcoin strategic reserve is unrealistic even without Jerome Powell's recent statements on bitcoin. If we look at the matter realistically, we will see that a fairly young, small and volatile asset like bitcoin...Not suitable to be a national strategic asset.

That may change and be considered by governments in the future as bitcoin becomes more mature but for now, that is not going to happen, IMO.