It's Actually Happening: The USA Gets a Strategic Bitcoin Reserve

The Breakdown

Nathaniel Whittemore

Investing, Business

4.8 • 786 Ratings

🗓️ 8 March 2025

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

NLW and Scott Melker count down the five most important stories in crypto this week, including the profound news that the US is actually getting a strategic bitcoin reserve. NLW argues that the way they did the BSR actually solves many of the major concerns with it. Sponsored by: Ledger Ledger, the world leader in digital asset security, proudly sponsors The Breakdown podcast. Celebrating 10 years of protecting over 20% of the world’s crypto, Ledger ensures the security of your assets. For the best self-custody solution in the space, buy a LEDGER™ device and secure your crypto today. Buy now on Ledger.com. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Transcript

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0:00.0	Welcome back to The Breakdown with me, NLW.
0:09.3	It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
0:18.4	What's going on, guys? It is Friday, March 7th, and that means it's time for the Friday 5.
0:23.5	Before we get into that, however, if you are enjoying the breakdown, please go subscribe to it,
0:27.2	give it a rating, give it a review, or if you want to dive deeper into the conversation,
0:30.5	come join us on the Breakers Discord. You can find a link of the show notes or go to bit.
0:33.6	com slash breakdown pod. All right, friends, well, we have a Friday 5 with Scott
0:39.1	Melker as usual. However, I had a commitment this morning on Friday when we were normally supposed
0:44.0	to do our live stream, and so we recorded this on Thursday afternoon. Now, of course, we were sitting
0:48.8	there hoping, just hope and beyond hope that there was not going to be any big announcements in
0:53.2	between when the show got finished recording and when it went live. And of course, about an hour
0:58.4	after we finished, Donald Trump signed the executive order creating a Bitcoin strategic reserve.
1:03.3	So before we get into that recorded episode, which as you will note has no mention of the
1:07.3	SBR, I wanted to pop on and of course course, do a little bit of an intro, specifically
1:11.4	focused on that. And honestly, the TLDR here is that somehow, after pissing almost everybody
1:18.3	off with the way that they were talking about it last Sunday on Truth Social, frankly,
1:22.6	they nailed this. This is the version of this opportunity that I think had the absolute most support
1:29.7	was the least controversial, the most coherent, the least like the government buying your bags,
1:35.4	the most actually being strategic. I mean, you just really have to hand it to them.
1:40.2	On Twitter, Crypto and AIsar David Sachs tweeted, just a few minutes ago, President Trump signed an executive order to establish a strategic
1:46.6	Bitcoin reserve. The reserve will be capitalized with Bitcoin owned by the federal
1:50.5	government that was forfeited as part of criminal or civil asset forfeiture proceedings.
	...

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