Trump's legacy: from millions of barrels of oil to millions of BTC?

[KryptoBull]

During the 2017-2021 presidential term, Donald Trump left a significant economic legacy, particularly in the energy sector. Under Trump, the U.S. expanded oil and gas exploration, leading to record-high oil exports and establishing the country as the world's top oil producer. Trump often took pride in filling over 700 million barrels of oil in the Strategic Petroleum Reserve ^[1,2].

During the 2025-2029 term, Trump’s legacy may not only be oil but also BTC. He was skeptical of crypto throughout his 2017-2021 presidency, but his stance has drastically changed this term. He has publicly accepted crypto donations for his campaign while criticizing the Biden administration’s approach to the industry. 

Immediately after taking office, Trump signed an executive order to explore The National Digital Asset Stockpile ^[3], responding to the expectations of the crypto community and ensuring that over 200K BTC held by the U.S. government would not be sold. His cabinet members are also strong crypto advocates, pushing for a more crypto-friendly approach. The U.S. could become the global crypto hub, aligning with Trump’s ambitions.

U.S. Senator Cynthia Lummis has also introduced a bill for a program to purchase 1M BTC to help the U.S. own 5% of the total BTC supply ^[4]. If this bill is approved by the U.S. government, we will see a wave of BTC accumulation worldwide—I call it national-scale FOMO  

I even hope that during this 4-year term, Trump can help the U.S. accumulate not just 1M BTC but even more. This would strengthen the value and position of BTC in the economy, potentially even pushing BTC’s market cap beyond Gold’s market cap. 

From the Strategic Petroleum Reserve (SPR) to the Strategic Bitcoin Reserve (SBR), from millions of barrels of oil to millions of BTC—this could be the symbolic shift in Trump’s economic legacy, one that could help Trump, the first crypto president of the U.S., be remembered well into the next century.

I would like to know your opinion on this issue: 

• Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
• Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
• Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

References:
1. Strategic Petroleum Reserve
2. Fact-Checking Donald Trump On The Strategic Petroleum Reserve
3. Fact Sheet: Executive Order to Establish United States Leadership in Digital Financial Technology
4. Lummis Introduces Strategic Bitcoin Reserve Legislation
Note:

• My opinion has been presented in a topic, on BitcoinTalk forum.
• This topic on AltcoinsTalks forum has included a minor change in the way my opinion is presented.
• This statement is to avoid accusations of plagiarism.

[omori]

For now, regarding the questions, all I can see is hype, and nothing more than that.
News is sparkling here and there, and some moves have already been made, however, we are far from over.
And, of course, the reserves would positively affect BTC and the market.

[Crwth]

If there is already a policy regarding it and that strategic Bitcoin reserve is true, then I think it would be a very good outcome for crypto. If that’s not going to be the case, then I don’t think it will happen any time soon with the accumulation of BTC for the US.

I am trading crypto, mainly in the long position, so it’s somewhat related to the upside that the SBR may cause.

[tequilla_sunset]

If there is already a policy regarding it and that strategic Bitcoin reserve is true, then I think it would be a very good outcome for crypto. If that’s not going to be the case, then I don’t think it will happen any time soon with the accumulation of BTC for the US.

I am trading crypto, mainly in the long position, so it’s somewhat related to the upside that the SBR may cause.

It surely will cause a craze for a day or two 

[0t3p0t]

I would like to know your opinion on this issue: 

• Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
• Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
• Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

1. I hope so but seems the Trump administration is really interested on investin Bitcoin as reserve so maybe they will pursue this idea. For me they will embrace more on a future proof SBR than SPR that which can be sabotaged through economic wars and stuff. Because we are now in the era or renewable energy so maybe in he future petroleum will become depleted and obsolete.
2. Well for me yes it has postive impact on the growth of BTC and crypto globally given the demand and supply will play an important role on this.

[MrSpasybo]

I would like to know your opinion on this issue: 

• Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
• Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
• Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

1. I hope the draft law on accumulating more BTC will be passed and have an impact on the bullrun in this cycle instead of forcing investors to wait until the next cycle. The current opportunity is not high but it is not completely non-existent.

2. If the US officially accumulates BTC, it could create FOMO for other governments, and game theory would force them to participate so as not to be left behind in case BTC becomes an extremely valuable asset.

3. I am holding crypto with my own expectations, not just waiting for actions from the US. I am observing the linear uptrend channel for the BTC price, when the channel is broken, I will leave the market to wait for the crypto winter!

[TomPluz]

I am quite biased here since I am a follower and fan of DJT based on his many achievements of his first term and the policies enacted in the past and will be done under his second term. Right now, only die-hard Democrats undergoing TDS will deny that there can be a "golden age" under Trump for many reasons and cryptocurrency is one of the many flag-bearing industries that is going to benefit for the next four years.

1. Do you expect the U.S. to accumulate millions of BTC during Trump's term?

Yes! There is a solid plan for this and with strong backing from lawmakers and the public the strategic monetary reserve to include Bitcoin and even some other coins can be coming true...but I don't expect this will immediately happen a month from now but maybe in 2026.


2. Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?

This is quite possible that other countries especially those under the influence of USA will also be stockpiling their own Bitcoin reserve just like what they are doing with gold. Now, we can expect that Bitcoin will finally be in a new phase once this will happen and if there can be a frenzy we can expect Bitcoin to be approaching the 1 million dollar mark...though of course this can be taking some time to happen but who knows...

3. Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

I should be though of course we have to take consider our own different economic situations but definitely I would be saving some BTC just like a pension plan so that I would be smiling once SBR will come into fruition under the watch and tutelage of POTUS Trump.

[omori]

I would like to know your opinion on this issue: 

• Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
• Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
• Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

1. I hope so but seems the Trump administration is really interested on investin Bitcoin as reserve so maybe they will pursue this idea. For me they will embrace more on a future proof SBR than SPR that which can be sabotaged through economic wars and stuff. Because we are now in the era or renewable energy so maybe in he future petroleum will become depleted and obsolete.
2. Well for me yes it has postive impact on the growth of BTC and crypto globally given the demand and supply will play an important role on this.

I do think the plan is to make moves that would shake the market and afterward, - make some actions that would stabilize it and make people more hopeful.
After all - the easiest way to push a sentiment is on the market that is thinking that everything is going down and bad currently.

[KryptoBull]

I am quite biased here since I am a follower and fan of DJT based on his many achievements of his first term and the policies enacted in the past and will be done under his second term. Right now, only die-hard Democrats undergoing TDS will deny that there can be a "golden age" under Trump for many reasons and cryptocurrency is one of the many flag-bearing industries that is going to benefit for the next four years.

1. Do you expect the U.S. to accumulate millions of BTC during Trump's term?

Yes! There is a solid plan for this and with strong backing from lawmakers and the public the strategic monetary reserve to include Bitcoin and even some other coins can be coming true...but I don't expect this will immediately happen a month from now but maybe in 2026.


2. Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?

This is quite possible that other countries especially those under the influence of USA will also be stockpiling their own Bitcoin reserve just like what they are doing with gold. Now, we can expect that Bitcoin will finally be in a new phase once this will happen and if there can be a frenzy we can expect Bitcoin to be approaching the 1 million dollar mark...though of course this can be taking some time to happen but who knows...

3. Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

I should be though of course we have to take consider our own different economic situations but definitely I would be saving some BTC just like a pension plan so that I would be smiling once SBR will come into fruition under the watch and tutelage of POTUS Trump.

Currently, everything is still at the level of an executive order and a draft law, so accumulating BTC is still just our hope. However, I believe it can soon be implemented because even the states themselves want to accumulate BTC for themselves. Temporarily, the states want to take advantage of this opportunity to buy more BTC at a lower price, they will have no reason to reject or veto the law to accumulate BTC for the entire federation.

I am waiting for the moment that law is accepted and triggers the global FOMO about accumulating BTC as well as many other tokens in the market. That will be a historic moment similar to the approval of the spot BTC ETF in 2024

[migueRt]

 If the government does take such a step, it could seriously boost confidence in BTC as an asset. But the question is how fast can this happen?

[EluguHcman]

I would like to know your opinion on this issue: 

• Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
• Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
• Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

I don't expect them to because they knows what is better of for them.
I don't like to keep myself on a high jump of expectation but if the US would really hold such value of Bitcoin of course it would do holders a very huge excitement because it would contribute a high form of valuable performance to the Bitcoin market and then investors holdings could increase to the volume of their profitability.

[Mia Chloe]

If the government does take such a step, it could seriously boost confidence in BTC as an asset. But the question is how fast can this happen?

Governmental support does mean alot when it comes to the growth of a lot of things especially something as important as bitcoin and crypto in general especially in a digital era like this.  The US is a big country and their actions towards bitcoin matters a lot especially on a global perspective.

Another drawback to actually consider is the fact that most of the moves made by governments are not sudden so many times they end up deliberating over it again and again which could be time wasting in some cases.

[KryptoBull]

Governmental support does mean alot when it comes to the growth of a lot of things especially something as important as bitcoin and crypto in general especially in a digital era like this.  The US is a big country and their actions towards bitcoin matters a lot especially on a global perspective.

Another drawback to actually consider is the fact that most of the moves made by governments are not sudden so many times they end up deliberating over it again and again which could be time wasting in some cases.

Believing in the position and influence of the US globally, the crypto community hopes that the positive acceptance of the US towards crypto will not allow other governments to continue ignoring crypto: they will have to make an official statement to accept or ban crypto. Usually, game theory will make them also start accumulating BTC.

Governments have found every reason to delay the enactment of a legal framework for crypto, they put crypto in a gray area and missed many good opportunities to profit from the impressive price increase of BTC over the years. That may be the biggest mistake in their political career, when they realize this and start accumulating BTC, we will no longer have the opportunity to buy BTC at a price below 100K USD

[dave_strider]

I would like to know your opinion on this issue: 

• Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
• Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
• Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

I don't expect them to because they knows what is better of for them.
I don't like to keep myself on a high jump of expectation but if the US would really hold such value of Bitcoin of course it would do holders a very huge excitement because it would contribute a high form of valuable performance to the Bitcoin market and then investors holdings could increase to the volume of their profitability.

It unfortunately wouldn't happen in one swift go, but we are moving toward it.
Slowly, step by step, BTC becomes more and more relevant for more and more people and institutions.

[EluguHcman]

I would like to know your opinion on this issue: 

• Do you expect the U.S. to accumulate millions of BTC during Trump's term? 
• Will the U.S. SBR have a positive impact on the growth of BTC and crypto globally?
• Are you holding crypto and waiting for an uptrend driven by the effects of SBR?

I don't expect them to because they knows what is better of for them.
I don't like to keep myself on a high jump of expectation but if the US would really hold such value of Bitcoin of course it would do holders a very huge excitement because it would contribute a high form of valuable performance to the Bitcoin market and then investors holdings could increase to the volume of their profitability.

It unfortunately wouldn't happen in one swift go, but we are moving toward it.
Slowly, step by step, BTC becomes more and more relevant for more and more people and institutions.

Of course in as much as Bitcoin is not a centralized assets to depend it valuable increments on one person, it doesn't matter of the US government finally have such amount of money to invest on Bitcoin before Bitcoin will be shaped to gain momentum.

Perhaps... There are large institutes including individuals who are Investing and with that alone Bitcoin is good to go