Trump Declares Strategic Bitcoin Reserve: U.S. Establishes “Digital Fort Knox

Executive Order Creates Strategic Bitcoin Reserve, Signaling a New Era in U.S. Digital Asset Policy

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This post can be read in Tocsin Magazine, and all Medium members can read the full article here.

Introduction

How far has Bitcoin come from its humble beginnings to become the strongest digital currency in the world, currently valued at an astonishing $105,471.43 on CoinMarketCap at the time of writing?

Let us recall how, on May 18, 2010, a man named Laszlo Hanyecz offered 10,000 BTC (Bitcoins) on a Bitcoin forum to anyone who would deliver him two pizzas — and managed to make the purchase four days later from Jeremy Sturdivant. On May 22, 2010, Jeremy ordered two large pizzas from Papa John’s for Laszlo in exchange for 10,000 BTC.

This was the first transaction of cryptocurrency in the real world, marking the first time a digital currency was exchanged for a tangible good. Before this, Bitcoin had no material value, and even after the first transaction, its value remained in the cents for a long time. Today, this date is known in the crypto world as “Pizza Day” and is commemorated as the turning point that sparked the crypto revolution.

Trump’s Executive Order

Today, after 15 years and a rocky road where Bitcoin was declared dead hundreds of times, it has proudly claimed its place in the world. President Trump, as the leader of one of the world’s greatest powers, recently declared Bitcoin a strategic reserve and, through an executive order, created the “Strategic Bitcoin Reserve” in the USA.

Although he was once a major critic, skeptic, and opponent of cryptocurrencies, Trump not only changed his stance but also embraced them and became a holder of some cryptocurrencies himself.

With this move, he has shown and proven to skeptics that he is completely serious about fulfilling his campaign promise to make the USA the crypto capital of the world. Shortly after his executive order, Bitcoin experienced a slight dip of a few percent, but then sharply recovered and reached a new all-time high (ATH), soon hitting $115,000.

In addition to Bitcoin, the order establishes the U.S. Digital Asset Stockpile, encompassing other digital assets obtained through similar forfeiture processes. This initiative reflects a broader strategy to manage and leverage digital assets for national prosperity. The White House

What Is the Strategic Bitcoin Reserve?

The Strategic Bitcoin Reserve in the United States is a government initiative established by President Donald Trump’s executive order on March 6, 2025. This reserve marks the first-ever instance where a state has officially declared Bitcoin a strategic national reserve asset.

The reserve aims to serve as a long-term store of value, akin to a “digital Fort Knox,” and will not be sold, ensuring its role as a stable reserve asset. The White House

The U.S. Department of the Treasury is responsible for managing this digital asset, with billionaire David O. Sacks appointed as an advisor, also known as the “Crypto Czar” in Trump’s administration. Sacks plays a key role in overseeing and coordinating cryptocurrency-related policies, including the Strategic Bitcoin Reserve. Wikipedia

For the technical aspects of storage and trading, the U.S. Department of Justice has signed an agreement with Coinbase, a company providing custody and trading services for digital assets. The Washington Post

Source: Google

Where Will the Bitcoin Be Sourced From?

One of the most important stipulations emphasized by President Trump is that Bitcoin may only be acquired if procurement strategies are fiscally neutral and do not burden taxpayers. So, how will the government buy Bitcoin if it cannot use taxpayer money?

Trump tackled this issue with a shrewd and calculated move. The government will use Bitcoin that has been seized in criminal and civil proceedings and transferred into the possession of the U.S. Department of the Treasury. According to Trump’s executive order, all federal agencies were required to transfer their authority over seized Bitcoin to this reserve. coinledger.io

According to current data, the U.S. government holds approximately 207,189 Bitcoins, representing about 0.987% of the total Bitcoin supply. treasuries.bitbo.io

Here are the largest sources of seized Bitcoin according to Bitcoin Treasuries by BiTBO:

• Bitfinex hack (2016): A total of 94,643 BTC was seized from Ilya Lichtenstein and Heather Morgan, plus an additional 12,267 BTC and 2,818 BTC from related seizures.
• Silk Road marketplace: 69,370 BTC seized from an unidentified individual known as “Individual X,” and approximately 9,800 BTC from James Zhong, who illegally obtained Bitcoin from the marketplace.

This decision delighted taxpayers, as their money will not be touched, but at the same time, it disappointed crypto traders who had hoped that large-scale government purchases would drive up market prices.

The Significance of the Reserve and Its Global Impact

“The significance of this executive order is mostly symbolic, as it marks the first time Bitcoin has been formally recognized as a reserve asset by the U.S. government,” said Andrew O’Neill, Director of Digital Assets at S&P Global Ratings. The order left open the possibility of the government purchasing Bitcoin in the future.

In addition, this move has paved the way for further adoption of cryptocurrencies in the USA and globally, as well as their recognition as legitimate assets. State ownership of Bitcoin could influence its price and volatility, which has direct consequences for investors and crypto users.

Even Vice President JD Vance emphasized the importance of Bitcoin in rivalry with China, highlighting the need for U.S. adoption of cryptocurrency as a strategic advantage. Reuters

Conclusion

Besides the fact that the acceptance of Bitcoin as a strategic reserve in the USA marks a turning point and a major step toward the global acceptance of cryptocurrencies, this move could also have some negative consequences.

Bitcoin was originally conceived as a currency of decentralization, intended to place power in the hands of ordinary citizens, offering them alternatives to fiat money and traditional banking.

With the entry of government institutions and potentially banks into the crypto market, the essence of decentralization is undermined. While this may mean broader acceptance and legalization of cryptocurrencies, the original idea of power in the hands of the people becomes a distant dream.

Moreover, the entry of major players with billions of dollars, such as Trump, Musk, and others, into the crypto scene further reduces the chances for the average person to profit in this market.

https://cryptonftworlds.blogspot.com/2023/11/ai-blessing-from-heaven-or-curse-from.html

Pi Network: The Crypto of the Future, the New Bitcoin, or a Scam?

Discover the Story of Pi Network — a Mobile-First Cryptocurrency set to Transform Digital Finance, Learn about its…

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Phil Alexander Robertson Dead at 79: ‘Duck Dynasty’ Star, Duck Commander Founder & Conservative Icon Remembered

Discover who Phil Alexander Robertson was — an American professional hunter, family patriarch, conservative, businessman, and star of “Duck Dynasty”

Source: The Economic Times

This post can be read in Tocsin Magazine, and all Medium members can read the full article here.

Introduction

The recently deceased Phil Alexander Robertson (79) was a controversial yet highly prominent figure in American conservative culture, known for his traditional family values, deep Christian faith, and outspoken political views that often stirred public debate. To the American public, he was known as a conservative, the patriarch of the Robertson family, founder of Duck Commander, and star of the reality TV show Duck Dynasty.

Early Life

He was born in Vivian, Louisiana, on April 24, 1946, and died on May 25, 2025. Robertson grew up in extremely modest conditions without basic modern amenities such as electricity, indoor plumbing, or running water.

Despite this, his family was happy and self-sufficient, relying on hunting, fishing, and gardening for food. They grew vegetables and fruit in their garden and sourced meat by hunting deer, squirrels, fish, and other game, along with raising pigs, chickens, and cattle.

Phil was the fifth of seven children born to his mother, Merritt (née Hale), and father James Robertson. In his book Happy, Happy, Happy, Robertson recalls that he lived in poverty, in conditions resembling the 1850s, but adds, “We were always happy, happy, happy, no matter the circumstances.”

Sports vs. Hunting and Fishing

Robertson excelled as an athlete in high school and was an all-state selection in football, baseball, and track. Thanks to his athletic prowess, he received a football scholarship to attend Louisiana Tech in Ruston in the late 1960s. He played as starting quarterback for the Bulldogs during the 1966 and 1967 seasons, before Terry Bradshaw, the Hall of Fame NFL quarterback and №1 draft pick in 1970.

At the time, Robertson had impressive statistics, and many believed he had the potential for a professional football career. However, he preferred hunting and fishing over sports and chose not to play in the 1968 season.

Bradshaw once said, “Phil Robertson loved hunting more than he loved football. He came to practice straight from the woods with squirrel tails sticking out of his pockets and duck feathers on his clothes. He was clearly a good shot, so no one complained too much.”

When approached by Paul Harvey with an offer to play professionally for the Washington Redskins, Robertson declined because football conflicted with duck hunting.

For him, football was merely a means to secure a scholarship, while Bradshaw lived and breathed the sport. As Robertson famously put it, “Terry went for the bucks, and I chased after the ducks.”

Alcoholism, Personal Crisis, and Spiritual Transformation

After earning a degree in physical education and a master’s in education, Robertson briefly worked as a teacher. He and his wife, Marsha “Miss Kay” Carroway, were married in 1966. However, their early years were marked by serious turmoil due to Robertson’s alcoholism, infidelity, and irresponsible behavior.

Eventually, he managed to save his marriage and family. Their bond became a symbol of redemption and forgiveness. Wikipedia

In the early 1970s, Robertson found faith and converted to Christianity. He committed himself fully to a Christian lifestyle and became an elder at the Whites Ferry Road Church of Christ in West Monroe, Louisiana. His faith became the cornerstone of his identity and public persona. Wikipedia

Duck Commander

Following his religious transformation and family reconciliation, Robertson founded Duck Commander in 1973 — a pivotal life change. As a passionate duck hunter, he had grown dissatisfied with existing duck calls and saw a gap in the market. After much experimentation, he developed a device that closely mimicked the sound of a duck and named it Duck Commander.

This innovative product became the foundation of a multimillion-dollar business, now run by his son Willie Robertson. 

Source: Alabama Life & Culture

Duck Dynasty

Duck Dynasty is an American reality television series that showcases the daily life of the Robertson family. It aired on the A&E network from 2012 to 2017 and achieved massive popularity, peaking in viewership during the premiere of its fourth season with 11.8 million viewers, making it the most-watched nonfiction cable show in history at that time. Wikipedia

Willie Robertson, Phil’s son, took over the family business and played a key role in launching the show. According to Willie, the idea came from his wife Korie, who suggested their family life could be compelling television content. The show portrayed the Robertsons’ daily routines, business dealings, and hunting adventures, often infused with humor and Christian values.

In December 2013, Phil Robertson gave an interview to GQ Magazine in which he shared his views on sin, including homosexuality, sparking widespread backlash. A&E suspended him from the show, but following strong public support, particularly from conservative fans and political figures, the network lifted the suspension after nine days.

Robertson defended his statements, asserting they were based on his Christian beliefs. His family also publicly supported him, stating they couldn’t imagine continuing the show without him. ABC News

The series ended in 2017 but left a lasting mark on American pop culture.

Ideology, Worldview, and Politics

After his religious conversion, Robertson became a devout Christian, a committed family man, and a staunch conservative. He believed America’s fundamental problems were spiritual in nature, not political, and attributed national moral decline to a departure from God. He often emphasized the need to return to biblical values.

In interviews and public appearances, he frequently stated that “America has lost touch with its core values” and that “the greatest problem in America is of a spiritual nature.” Fox Business

His worldview was deeply rooted in conservative Christian doctrine, focusing on traditional family structures, monogamy, and adherence to the Ten Commandments.

Robertson was an outspoken supporter of conservative politics and the Republican Party. He was a strong advocate for Donald Trump and the MAGA movement, praising their pro-Christian and pro-life policies. He also supported candidate Vance McAllister in a special election for the U.S. House of Representatives, where McAllister’s victory was widely attributed to Robertson’s endorsement. Wikipedia

Conclusion

Phil Robertson passed away on May 25, 2025, at the age of 79 after a battle with Alzheimer’s disease. His death prompted numerous tributes, especially from conservative circles, where he was hailed as an “American icon” and a “defender of traditional values.”

Duck Dynasty remains a testament to how faith and family business can form the backbone of a successful television franchise, despite the controversies and challenges that accompanied it.

https://cryptonftworlds.blogspot.com/2025/05/george-santos-businessman-and.html

Two Young Lives Lost in Washington Shooting

In a senseless outburst of violence and hatred on Wednesday evening during the Washington shooting, two young people…

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Two Young Lives Lost in Washington Shooting

In a senseless outburst of violence and hatred on Wednesday evening during the Washington shooting, two young people were killed when Elias Rodriguez (31) opened fire

Source: San Diego Jewish World

This post can be read in Tocsin Magazine, and all Medium members can read the full article here.

On Wednesday, two young people lost their lives in a senseless outburst of violence that shook the citizens of Washington, USA, and the world. The attacker, Elias Rodriguez (31), has been charged with opening fire on a group of people leaving an event for young diplomats at the Capital Jewish Heritage Museum, organized by the American Jewish Committee. This organization supports the state of Israel and fights against hatred, racism, and antisemitism.

Rodriguez has been charged with the murder of foreign officials, causing death with a firearm, discharging a firearm in a violent crime, and first-degree murder. BBC

The Washington shooting attacker worked for a nonprofit health organization and is believed to have had past affiliations with far-left groups.

Acting U.S. Attorney for the District of Columbia, Jeanine Pirro, emphasized in a statement that the attack is being investigated as a potential act of terrorism, and further charges against Rodriguez may follow.

The victims of Rodriguez’s senseless killing spree have been identified as 30-year-old Yaron Lischinsky and 26-year-old Sarah Lynn Milgrim, a young couple who were soon to be engaged. Both were employees of the Israeli Embassy in Washington. The young couple, gunned down in an instant, were dedicated to building bridges between Arabs and Jews in the hope of ending the bloodshed in the Middle East. BBC

An organizer of the event the couple attended told the BBC it was heartbreaking and deeply ironic that they had been discussing building bridges only to be struck down by such hatred.

Israeli Ambassador to the USA, Yechiel Leiter, stated that the young man had already purchased a ring and planned to propose to his girlfriend the following week in Jerusalem.

The Washington shooting occurred around 9:05 p.m. local time on Wednesday. Washington D.C. Police Chief Pamela Smith reported that the attacker, Rodriguez, was seen nervously pacing before approaching a group of four people and shooting two of them. The Washington Post

In the chaos that followed, witnesses mistook the shooter for one of the victims. They tried to comfort him, brought him water, and offered shelter and support.

“We thought he just needed help and a safe place,” said witness Katie Kalisher to the BBC. “People were calming him down, bringing him water, taking care of him,” added another witness, Yoni Kalin. BBC

Only after police arrived did it become clear that the “witness” was, in fact, the shooter. He confessed to the shooting, pulled out a red head covering, and shouted: “I did this for Gaza. Free Palestine.”

According to officials, after being taken into custody, the attacker continued shouting “Free Palestine.” The exact motive remains unclear, but FBI Deputy Director Dan Bongino stated that the police are interrogating the attacker and that early indicators suggest this was a targeted act of violence.

Source: https://x.com/dbongino

Another FBI official, Steve Jensen, said Rodriguez was previously unknown to authorities, but investigators are reviewing his social media accounts and contacting his associates.

According to a social media post by Dan Bongino, investigators discovered Rodriguez’s manifesto on X, where he condemned Israel’s killing of Palestinians after the Hamas attacks in October 2023 and discussed the morality of “armed” action.

This is a part of the Manifesto on X!

 

Source: https://x.com/ecomarxi/status/1925576529137852437

In addition, Rodriguez was reportedly once affiliated with the far-left Party for Socialism and Liberation (PSL) in Chicago, according to a post by the group on X. The group stated it had no involvement in the shooting and does not support it. They clarified that Rodriguez was briefly connected to one of their chapters but had had no contact with them for more than seven years. ReutersABC News

Due to its military offensive in Gaza, Israel faces ongoing international condemnation and a rise in antisemitism and related incidents worldwide.

President Trump expressed his condolences to the families of the victims, posting on Truth Social:

“These horrific murders in DC, clearly motivated by antisemitism, must stop immediately! There is no place for hatred and radicalism in the USA. Condolences to the families of the victims. It’s tragic that such things are even happening! God bless you all.”

 https://cryptonftworlds.blogspot.com/2025/05/george-santos-businessman-and.html

Democrat Kathleen Courtney Hochul, the First Woman to Lead the State of New York

Meet Kathleen Courtney Hochul, the first woman to lead New York State and the first governor from the upstate region…

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