The government signed an executive order to establish a Bitcoin strategic reserve, leading to various interpretations.

Recently, notable figures in the encryption and artificial intelligence fields released a striking piece of news. It is reported that an important political figure has signed an executive order aimed at establishing a Bitcoin strategic reserve. This initiative has sparked widespread follow, and its main contents include:

1. The reserve will be based on the existing Bitcoin controlled by the federal government, and future Bitcoins confiscated through law enforcement actions will also be included in this reserve.

2. These Bitcoins will not be sold during the current leader's term.

3. The government will not set up a specific budget to purchase Bitcoin, maintaining a neutral budget.

4. This action is seen as fulfilling a previous commitment.

We can interpret this news from the following perspectives:

First of all, this "Bitcoin strategic reserve" is different from a bill promoted by a certain senator at the federal level. The former can be directly controlled by the government without going through congressional legislation; the latter requires a legislative process and may provide a specific budget for purchasing Bitcoin.

Secondly, although this executive order fulfills commitments at the administrative level, overall, previous promises have not been fully realized. Some ideas proposed during the campaign, such as establishing a broader federal strategic reserve, still need further advancement.

Thirdly, there may be more announcements regarding Bitcoin reserves or other positive news in the future. However, there is not much that can be done at the administrative level, and the most extreme measure might be to use the foreign exchange stabilization fund to purchase Bitcoin, but this approach could bring numerous subsequent issues.

Fourth, we need to note that the current government's style of action is more pronounced, appearing more hardline externally, while internally it continuously tests the boundaries of presidential power. This approach may lead to some seemingly exaggerated commitments, but the actual implementation effects remain to be observed.

Finally, although the trend of Bitcoin entering national finances has encountered some resistance, it is still slowly advancing overall. We should follow the progress of the formal Federal Reserve bill and the advancement of various state Bitcoin reserve bills. These are the key main lines for future development.