This content originally appeared on HackerNoon and was authored by Michael Jerlis
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Remember when Bitcoin was just for nerds, anarchists, and very online libertarians? Fast-forward to 2025 — the United States is sitting on $17 billion worth of confiscated Bitcoin. Trump’s calling it "Digital Fort Knox."
\ And no, this isn’t a sci-fi novel. It’s happening. Right now.
\ If you still think Bitcoin is a speculative gamble, you might be missing the plot.
From Internet Money to State Treasury: What Changed?
A decade ago, governments wanted to kill Bitcoin. Now they want to hoard it.
\ The IRS called it taxable property in 2014. The Fed warned about volatility. The SEC blocked ETFs. But inflation, instability, and a digitally native generation flipped the narrative.
\ Bitcoin isn’t just surviving — it’s winning. It’s doing what gold used to do, but faster, cheaper, and without the geopolitical baggage.
\ This evolution wasn’t just about ideology. It was about survival. As centralized systems faltered — from monetary inflation to geopolitical sanctions — governments began looking for assets that were neutral, unseizable, and globally liquid.
Why Governments Are Betting on Bitcoin Now
Let’s get this straight: governments don’t change their minds unless something breaks. And the traditional system? It's showing cracks.
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- Inflation. Central banks are printing like it’s 2008 on repeat. Bitcoin has a fixed supply — 21 million. No printer go brrr
- Dollar fatigue. Countries are tired of U.S. sanctions and dollar dominance. Bitcoin is apolitical, borderless, and open 24/7
- Tech-native resilience. From El Salvador to Turkey, governments are looking for a hedge they can access, move, and store — without vaults or permission
- Demographic tailwinds. A new generation of policymakers and economists grew up digital-first. To them, Bitcoin isn’t exotic. It’s obvious
Meet Digital Fort Knox: How the U.S. Is Stockpiling BTC
March 2025. President Trump signs an executive order creating the U.S. Crypto Strategic Reserve. Code name: Digital Fort Knox. It holds 200,000 Bitcoins, worth over $17 billion.
\ These aren’t speculative buys. They're confiscated assets, turned strategic.
\ And this isn’t just BTC. The reserve includes ETH, XRP, SOL, ADA. It’s a crypto portfolio with national ambitions.
\ Whether you love Trump or loathe him, this move was bold. It reframes Bitcoin not as a threat, but as a tool for U.S. financial resilience.
\ More importantly, it signals to Wall Street, Main Street, and the world: Bitcoin isn’t just tolerated. It’s institutionalized.
Gold vs Bitcoin: The Ultimate Inflation Hedge?
Let’s do the math:
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\ Bitcoin isn’t better in theory — it’s better in practice. That’s why countries are moving.
\ And here’s the kicker: it’s programmable. You can’t run smart contracts on gold.
The Global Reserve Race Has Begun
If the U.S. is hoarding Bitcoin, others won’t sit idle.
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El Salvador: Made BTC legal tender. Doubled down on national adoption
BRICS: Eyeing Bitcoin to reduce dollar exposure
Argentina, Turkey, Nigeria: Using Bitcoin to escape inflation hell
G7 & EU: Slow but steady. Watching. Testing. Warming up
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You can feel the shift. This isn’t just about assets. It’s about alignment. Nations are picking sides — fiat-heavy or crypto-curious.
We’re not witnessing a shift. We’re watching a scramble.
The Risks Are Real — But So Is the Opportunity
Let’s not pretend Bitcoin is all sunshine and Satoshis.
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- Volatility. Still a rollercoaster. But if you’re managing a trillion-dollar reserve, you know how to hedge
- Cybersecurity. Holding BTC means holding private keys. Cold wallets, multi-sig, air-gaps — it’s a whole new ballgame
- Regulation. The rulebook is being written in real time. Messy? Sure. But it’s moving
- Perception management. Convincing the public and global markets that Bitcoin isn’t a gamble — it’s strategy
Wall Street’s Crypto Pivot: From Denial to Domination
Let’s talk about the elephant in the boardroom. Wall Street is no longer allergic to Bitcoin. It's designing products around it.
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BlackRock’s ETF approval wasn’t just a product launch. It was a political statement
JPMorgan’s crypto custody service? The same bank that called Bitcoin a fraud in 2017
Fidelity, Goldman Sachs, and countless others are baking Bitcoin into institutional strategy
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The result? A convergence of retail conviction and institutional validation. That’s how revolutions scale.
Bitcoin’s Edge: Programmable Liquidity Meets Sovereign Power
Traditional reserves — gold, treasuries, forex — offer security. Bitcoin offers strategy.
\ You don’t just store it. You deploy it.
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Need to stabilize markets? ==Tap your crypto==
Need to settle global trade fast? ==Use Bitcoin rails==
Need to bypass sanctions or boost remittances? ==Bitcoin doesn’t sleep==
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The countries building on-chain infrastructure now will leapfrog those clinging to legacy rails.
What It Means For You (Yes, You)
If governments are stacking sats, should you?
\ Platforms like EMCD’s Coinhold let everyday users earn up to 14% APY on BTC — passively. While the state builds reserves, you can build yours.
\ You don’t need to mint policy or sign executive orders. You just need a wallet — and a strategy.
\ This isn’t a tech trend anymore. It’s a shift in how the world stores value. The U.S. isn’t asking if Bitcoin belongs in reserves. It already made that call.
\ The real question: ==are you ahead of the curve, or waiting to be priced out?==
Final Thought: Follow the Smart Money
Gold had a good run. The dollar had its moment. Bitcoin is the next chapter.
\ NatNations are writing Bitcoin into their financial strategies. Institutions are rewriting portfolios.
\ And people like you? You’ve got the first-mover advantage — if you act now.
\n While governments build reserves, yours can grow too — passively.
\n Start earning like a sovereign. What’s your move?
This content originally appeared on HackerNoon and was authored by Michael Jerlis
Michael Jerlis | Sciencx (2025-04-09T17:49:41+00:00) Governments Wanted to Kill Bitcoin. Now They Want to Hoard It.. Retrieved from https://www.scien.cx/2025/04/09/governments-wanted-to-kill-bitcoin-now-they-want-to-hoard-it/
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