- President Donald Trump did not include Bitcoin in his initial set of executive orders, despite prior promises to support cryptocurrency initiatives.
- Trump signed various orders on national security and public health, including establishing a new department led by Elon Musk.
Upon his first day in office, U.S. President Donald Trump rapidly implemented his governance style through a series of executive orders, signed amidst the ceremonial grandeur of his inauguration and within the Oval Office.
His actions covered a broad spectrum, from national security to public health, yet notably absent was any directive concerning Bitcoin (BTC), a topic of keen interest and prior promises during his campaign.
The new President’s decisions began during his inaugural parade and continued as he settled into the Oval Office. One of the more striking orders includes the creation of the Department of Government Efficiency, to be headed by renowned entrepreneur Elon Musk.
This move aligns with Trump’s focus on streamlining government operations, an area he has frequently critiqued for its inefficiency.
Trump’s International and Domestic Policy Shifts
In a significant shift in U.S. international relations, Trump also ordered the withdrawal from the World Health Organization (WHO).
This decision underscores a broader realignment of U.S. involvement in international agreements, mirrored by his directive to exit the Paris Climate Agreement, reflecting his administration’s prioritization of immediate national interests over global environmental commitments.
On the domestic front, the executive order to declare a national emergency on energy underscores the urgency Trump places on energy independence and security—a cornerstone of his policy framework.
This order is part of a broader strategy to address national security concerns, including the designation of foreign gangs and drug cartels as terrorist organizations, which intensifies the administration’s stance on law and order.
While Trump’s array of orders covered extensive ground, the cryptocurrency community noted the absence of any order establishing a national Bitcoin reserve. This omission is particularly puzzling given Trump’s July assertion that, if elected, he would champion the creation of a Bitcoin reserve to bolster national economic security.
The lack of action in this area has sparked both confusion and skepticism among cryptocurrency enthusiasts and investors, who had anticipated more direct support from his administration.
The discussions within the Bitcoin community reflect a blend of disappointment and cautious optimism.
While some, like Dennis Porter, founder of the Satoshi Act Fund, speculate that a declaration to establish a BTC reserve might still occur within the first 100 days, others remain dubious, wary of unfulfilled political promises.
As the first days of Trump‘s presidency unfold, the world watches closely. The community’s hope is that these initial executive orders are just the beginning of a more comprehensive approach to integrating cryptocurrency into the U.S. economic strategy.
However, for now, Trump’s policy trajectory suggests a focus that might sideline specific commitments to the cryptocurrency sector in favor of broader economic and security objectives.
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