Executive Order 14233: Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile

What the order contains

Section headings exactly as they appear in the official text.

• Sec. 1. Background
• Sec. 2. Policy
• Sec. 3. Creation and Administration of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile
• Sec. 4. Accounting
• Sec. 5. General Provisions

Section 1, quoted from the order

Verbatim text from the signed document. These are the words of the document, not SaveYourState’s.

Bitcoin is the original cryptocurrency. The Bitcoin protocol permanently caps the total supply of bitcoin (BTC) at 21 million coins, and has never been hacked. As a result of its scarcity and security, Bitcoin is often referred to as ``digital gold''. Because there is a fixed supply of BTC, there is a strategic advantage to being among the first nations to create a strategic bitcoin reserve. The United States Government currently holds a significant amount of BTC, but has not implemented a policy to maximize BTC's strategic position as a unique store of value in the global financial system. Just as it is in our country's interest to thoughtfully manage national ownership and control of any other resource, our Nation must harness, not limit, the power of digital assets for our prosperity.