Recently, there has been much talk about the news that Trump allegedly announced a new government strategic reserve in cryptocurrencies (including Bitcoin), resembling a sort of “digital Fort Knox.”
This reserve – as explained on social media by White House advisor David Sacks – will be, among other things, composed of digital assets confiscated by the American judicial system.
So is everything good? Will all that glitters be (digital) gold? Definitely not.
Let’s try to clarify starting from the more general context, briefly tracing the origins of Bitcoin.
A defense tool
Bitcoin is something that began to be imagined as early as the late ’70s and was conceived – and is still being carried forward in this direction – by activists, developers, and computer engineers with specific ideals and motivations.
The idea was to design and make available free and concrete tools (including private email and messaging systems, or new forms of digital currencies) capable of allowing individuals to defend their privacy and freedom to exchange value with others, without some bully or some authority being able to track, judge, authorize, or ultimately censor transactions.
In the ’90s, there were many experiments and initiatives in this direction, carried out by economists, computer engineers, or entrepreneurs. Think for example of companies like Digicash by David Chaum or E-gold by Douglas Jackson, but also projects that remained only on paper like Bit-Gold by Nick Szabo or B-Money by Wei Dai.
The intention of these activists was to design new software and introduce defense systems for people against intrusions into the private sphere by multinational corporations and governments, which by their nature are greedy for control and obsessive surveillance (exactly as today) over the population.
The release of the Bitcoin white paper in 2008 and the consequent launch of the software by Satoshi Nakamoto in 2009 represented the culmination of this long journey of research, innovation, experiments, and – alas – also many failures.
Strategic reserve for states?
In recent years, Bitcoin has made giant strides in terms of widespread adoption. Whatever people might say, everyone today knows about this phenomenon or, at the very least, has vaguely heard of it.
In 2024, in fact, there was a major acceleration in this regard: the SEC’s approval of Bitcoin spot ETFs in the USA at the beginning of the year, the fourth halving prescribed by the protocol, the election campaign for the American presidency (which saw Bitcoin as one of the contentious issues between candidates Biden and Trump), and many other facts and events have brought this tool to great attention at both media and institutional levels.
The bitcoin asset presents almost unique properties. Among these, we know that it first of all sets a maximum cap on available monetary units (21 million), enjoys absolute digital scarcity, cannot be manipulated, and is virtually impossible to inflate at will.
All of this certainly could not go unnoticed for long. The digital gold of the new millennium would obviously, sooner or later, attract the attention of large institutional funds and, as an obvious consequence, also governments: where large flows and transfers of wealth move, States obviously – by their nature – want to immediately become part of it to share the pie.
It is in this context that, in 2025, there is even talk of the concrete idea of a mysterious “strategic Bitcoin reserve for the nation,” like the one announced by newly-elected Donald Trump.
Let’s leave aside for the moment any redundant comments on the enormous confusion mixed with propaganda from the President, who still hasn’t understood anything – absolutely nothing – about the abyssal difference between Bitcoin and the tragicomic “crypto world.” Let’s focus instead on the logical short circuit whereby a State should maintain “reserves” of the best asset for defending and protecting savings ever conceived in history.
Bitcoin as protection for businesses
If we have grasped the concept, Bitcoin was born as a defense tool against abuses and violations of private property. A protection tool against attacks and attempts to steal personal data, wealth, and private resources perpetrated continuously by multinational corporations and unscrupulous authorities.
For an individual, we know that Bitcoin represents on one hand a formidable tool for protecting financial privacy, while on the other an effective and efficient savings technology, also and especially from an intergenerational perspective.
For a business, Bitcoin constitutes an enormous opportunity for protecting company assets. Beyond inflation, which can constantly erode value, bitcoin is truly the exclusive property of the company: through the possession of bitcoin private keys, the funds are firmly in possession of the company board, and cannot be easily frozen, confiscated, or censored when the company wishes to transfer them anywhere in the world.
Not only that: besides being a bearer asset, bitcoin is also extremely liquid. At any moment, it can be bought or sold on global markets very quickly.
We should have understood the point: Bitcoin is an extraordinary system to protect and safeguard private property against any form of aggression.
Propaganda and confusion
The question now naturally arises: specifically, from whom or what should a State protect itself? The State represents a totally unproductive organization, which creates nothing, does not innovate, and does not own property.
The State, if anything, limits itself to collecting wealth from others, namely from workers and entrepreneurs, who work, invest, produce, and create wealth and prosperity solely through their own resources.
What should a State feel threatened by? Perhaps by itself?
The strategic reserve in Bitcoin only makes sense when private property is at stake. It loses all meaning when mysterious “public properties” are at stake (in itself an evident oxymoron).
If we think about it, it makes no sense to talk about a strategic reserve that defends and protects the predator! The State does not need to protect itself: what it “holds” it has simply forcibly taken from private resources (of individuals or companies). The government is the only entity today authorized to collect wealth from the productive fabric directly through the taxation system, or indirectly through inflation and the consequent devaluation of money.
Focus on Bitcoin
It is therefore advisable to categorically distrust these fake and grotesque government initiatives, from whatever political alignment they come. And to dampen any unjustified enthusiasm. This is yet another smoke and mirrors scheme artfully designed by political propaganda.
The “strategic bitcoin reserves for the nation” are nothing more than a new subtle (and fraudulent) method to confiscate more resources derived from the savings and work of industrious citizens and innovative companies.
As individuals, it is therefore important to study Bitcoin and learn as soon as possible how to best defend one’s privacy and the unquestionable freedom to be able to first of all save, despite repeated violations by the predatory State.
And as entrepreneurs, to protect and safeguard the company assets built with years and years (if not entire generations) of work, know-how, investments, and sacrifices, there remains no other way than to embrace the Bitcoin technological standard and integrate it into your companies.
Of course, before it’s too late.
