The mining ore on space theory has been theorized for a long time to paint models with diminishing returns in gold as technology becomes expoentially efficient and will eventually reach other interplanetary resources and statistically, there should be gold there, but the same could be said about technology cracking Bitcoin encryption... so it sort of evens itself out. But even then all things considered, I think cracking BTC will remain more expensive than sending rockets with AI robots to mine gold somewhere, even if it sounds ridiculous, encryption is that good, at least for now, but they say we are already working on quantum resistant encryption. So at the end of the day you have to consider, what is less likely, encryption breaking or gold supply collapsing due new supply discovery.

I don't think that they will risk their gold reserves and turn it into Bitcoin.


The whole concept of making Bitcoin reserves is to buy and accumulate, just like what El Salvador is doing. And with that, we can call that they have been had like a Bitcoin reserve already even before Trump as the US has a lot of Bitcoin and other crypto that they have seized.

Why later when they can do it right now similar to what El Salvador or any other entities like Saylor or Blackrock is doing?

Well whatever decision they makes out of the reserve strategies should be best suitable to them on what treasure to invest on. You don't advice then on what cryptocurrency they should invest instead, you should be concerned that it should be implemented and not just about making air promises and proposing without a point to hold on.
You know I just think you care more about bitcoin because it where you are invested and a lot of success are being expected of you to be achieved which you might likely not care about the vision of the elites.
Remember most of us are diversifying our portfolios to different cryptocurrencies aside our major holding on bitcoin? So, the US also including those coins will as well pave ways for diversifying investors to reach their investment goals.
Bitcoin is already drawn to conclusion as the best to hold treasury reserve and knowing how manipulative the alt coins could be, the governments could as well play crucial on manipulating the market to give it potential values which can as well be served also good for reserve.
I just think they knows better than we may think in this space.

On his first day in office, Trump signed an order repealing 78 executive orders of the Biden administration, including the crypto related executive order SAB121 signed in 2022. This means that executive orders issued by the president are only effective during his term in office with no long-term guarantees. The same will happen with Trump's "strategic bitcoin reserve" executive order, which could be repealed after Trump's short term ends and if the next administration does not same Trump's views.
So until the bitcoin reserve is approved by congress, no more bitcoin will be added and even if they find a way to buy more, it will likely be sold during the next presidential term.

The best kind of Bitcoin reserve would be one that cannot be dumped at once. For this to be so, the reserve has to be distributed, owned and controlled by multiple people who are independent of one another. But if such reserve has to be controlled by an entity, there has to be law that makes it difficult for the entity to try to use it for market manipulation. Not just that, the problem with an individual or entity controlling a hugh amount of bitcoins is that the coins can all be dumped at the individual or entity's own discretion or during panic. But most or all of the bitcoins controlled by multiple people who are independent of one another can be much difficult to dumped at once. In fact this is part of the reason why Bitcoin remains stronger with relatively lower volatility amongst typical cryptocurrencies

I think the congress is the mouth piece and the legitimate administrators to make this Trumps bitcoin reserve. The president may only have to propose while the reps approves it into their economy law that bitcoin has officially been adopted for the national reserve.
But if it was only endorsed without the proper way but only fostered on the architect of the Trump's government, an incoming regime may have the right to scrap it off because it was never appeal of the congress rather than part of the governing council strategy of a residing government but would only stay if the incoming government would have same economy plan on bitcoin reserve as the past governments.