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OKX Orbit
OKX Orbit
Bitcoin just got one step closer to becoming a permanent U.S. national asset. Rep. Nick Begich and Jared Golden introduced the American Reserve Modernization Act (ARMA) yesterday with 17 co-sponsors. The bill would codify Trump's Strategic Bitcoin Reserve executive order into federal law, with a mandatory 20-year holding period on all reserve BTC. Executive orders can be revoked by the next president. Legislation takes a congressional majority to undo. But here's the part most people are missing. ARMA doesn't just lock in the ~200K BTC initially placed in the reserve from seizures. It directs the Treasury to study budget-neutral strategies for expanding the reserve, with Begich publicly stating the goal is around 1 million coins, roughly 5% of total supply, matching the scale of U.S. gold reserves. A few details worth noting: · The bill is bipartisan. Golden is a Democrat from Maine. · All acquisitions must be budget-neutral. No new taxpayer costs. · If BTC is ever sold after the 20-year lock, proceeds can only go toward reducing the national debt. The shift from executive action to legislation is the real story here. An executive order is one signature away from disappearing. A law is a multi-year, multi-branch fight to reverse. That's a fundamentally different signal to the market. If this passes, would you feel more confident holding BTC long-term knowing a sovereign nation just committed to a 20-year lockup? #BTCReserveCodified

Застереження. Вміст, опублікований на OKX Orbit, надається виключно в інформаційних цілях. Докладніше

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