美國國會，比特幣和預備役框架：一個新時代？

國會正在探索類似於黃金或石油的比特幣儲備。這是國家安全中數字資產的未來嗎？

US Congress, Bitcoin, and the Reserve Framework: A New Era?

美國國會，比特幣和預備役框架：一個新時代？

The US Congress is seriously considering integrating Bitcoin into the nation's financial strategy. Recent moves, particularly within the House, indicate a push towards establishing a 'Strategic Bitcoin Reserve.' This initiative signals a potential paradigm shift in how the US perceives and manages digital assets.

美國國會正在認真考慮將比特幣整合到美國的財務戰略中。最近的舉動，尤其是房屋內的舉動，表明建立“戰略比特幣儲備”。該計劃標誌著美國對數字資產的看法和管理方式可能發生了潛在的範式轉變。

The Push for a Bitcoin Reserve

推動比特幣儲備

Representative David Joyce's bill, included in the Financial Services and General Government Appropriations Act for FY2026 (H.R. 5166), mandates the Treasury Department to deliver a comprehensive report on managing significant Bitcoin holdings. These holdings, estimated between 198,000 and 207,000 BTC, are valued between $17 and $20 billion, largely acquired through law enforcement seizures.

戴維·喬伊斯（David Joyce）代表的法案包括《金融服務和政府撥款法》 2026財年（HR 5166），要求財政部提供有關管理大量比特幣控股的全面報告。這些股份估計在198,000至207,000 BTC之間，價值在17至200億美元之間，主要是通過執法扣押獲得的。

The core question isn't about acquiring new Bitcoin but rather about securing and governing existing assets. This includes legal authority, custody architecture, and robust cybersecurity practices to protect these digital assets.

核心問題不是要獲得新的比特幣，而是要確保和管理現有資產。這包括法律權威，監護權架構和強大的網絡安全實踐，以保護這些數字資產。

Key Aspects of the Treasury Report

財政部報告的關鍵方面

The Treasury's report will delve into the legal and practical hurdles of setting up a Bitcoin reserve, how these assets will appear on the federal balance sheet, and the implications for the Treasury Forfeiture Fund. Collaboration between agencies and the role of third-party custodians in safeguarding the reserve will also be examined. A classified section, with input from the National Security Agency, will focus on protecting the reserve from cyber threats.

財政部的報告將深入研究建立比特幣儲備的法律和實際障礙，這些資產將如何出現在聯邦資產負債表上，以及對財政部沒收基金的影響。機構之間的合作與第三方保管人在保護儲備方面的作用也將進行檢查。由國家安全局的投入的分類部分將著重於保護儲備金免受網絡威脅的侵害。

Building on Past Initiatives

建立過去的倡議

This legislative push builds upon an executive order from President Trump in March 2025, which proposed using seized cryptocurrencies to establish a Strategic Bitcoin Reserve. This aligns with a global trend where countries like Kazakhstan and the Philippines are also exploring similar crypto reserve policies. The US aims to lead in digital asset management, viewing Bitcoin as a strategic asset akin to gold or oil reserves.

這一立法推動是基於2025年3月特朗普總統的一項行政命令，該命令提議使用扣押的加密貨幣建立戰略性比特幣儲備。這與全球趨勢相吻合，哈薩克斯坦和菲律賓等國家也在探索類似的加密儲備政策。美國的目標是領導數字資產管理，將比特幣視為類似於黃金或石油儲量的戰略資產。

Senator Lummis' BITCOIN Act

參議員盧米斯的比特幣法案

Senator Lummis has proposed the BITCOIN Act which goes much further: buying one million Bitcoin over five years, requiring a 20-year minimum hold, and spreading storage across secure sites nationwide. It even suggests selling some Federal Reserve gold certificates to finance the plan.

參議員盧米斯（Lummis）提出了《比特幣法》（Bitcoin Act），該法案進一步發展：在五年內購買一百萬個比特幣，需要最低20年的最低持有，並在全國范圍內散佈存儲。它甚至建議出售一些美聯儲黃金證書來為該計劃提供資金。

Global Bitcoin Reserves

全球比特幣儲備

Other governments are exploring reserves as well: Russia as a hedge against sanctions, Japan through pension funds, Brazil and Poland through legislation. Even smaller economies like the Czech Republic are debating Strategic Reserves.

其他政府也正在探索儲備：俄羅斯是對製裁的對沖，日本通過養老基金，巴西和波蘭通過立法。甚至像捷克共和國這樣的較小經濟體也在辯論戰略儲備。

The Bigger Picture

更大的圖片

The United States isn't alone in this endeavor. China holds a significant amount of Bitcoin, primarily from the PlusToken case, while Bhutan has substantial holdings mined using hydropower. Even El Salvador, despite reversing its legal tender status, still maintains a Bitcoin reserve.

在這項工作中，美國並不孤單。中國持有大量的比特幣，主要來自普魯斯科派案件，而不丹則使用水力發電進行了大量持有量。即使薩爾瓦多（El Salvador）扭轉了其法定招標身份，仍然保持比特幣儲備。

State-Level Initiatives

州級倡議

Momentum is building at the state level, with Texas already establishing its own Strategic Bitcoin Reserve. New Hampshire and Arizona have also passed Digital Asset investment laws. In total, 16 states have introduced Bitcoin Reserve legislation this year.

勢頭正在州一級建立，得克薩斯州已經建立了自己的戰略比特幣儲備。新罕布什爾州和亞利桑那州也通過了數字資產投資法。總共有16個州今年介紹了比特幣儲備立法。

Why Bitcoin Reserves Matter

為什麼比特幣儲備很重要

The core idea is that a Bitcoin Reserve acts as a nation's emergency savings account. Instead of traditional assets, it consists of digital assets with a finite supply and decentralized control. This appeals in an era marked by currency devaluation and geopolitical instability. Framing Bitcoin as a national security tool rather than just a speculative asset.

核心思想是比特幣儲備充當國家的緊急儲蓄帳戶。它不是傳統資產，而是由具有有限供應和分散控制的數字資產組成。這在以貨幣貶值和地緣政治不穩定為標誌的時代上吸引人。將比特幣作為國家安全工具，而不僅僅是投機性資產。

Looking Ahead

展望未來

While debates about volatility persist, the US is signaling its recognition of the strategic value in holding Bitcoin. This could spark a global race to establish digital reserves with significant geopolitical and financial implications.

儘管關於波動性的辯論持續存在，但美國表明其對持有比特幣的戰略價值的認可。這可能會引發全球競賽，以建立具有重大地緣政治和財務影響的數字儲量。

Whether Bitcoin's price will surge or plummet remains uncertain, as evidenced by its fluctuating value around $111,000 on September 10, 2025. One thing is sure, the conversation around Bitcoin and its role in national financial strategies is just getting started. The potential implications are mind-boggling, and the possibilities, dare I say, are as limitless as the blockchain itself. Time to buckle up, folks! It's going to be an interesting ride!

比特幣的價格會漲幅還是不確定，這是2025年9月10日左右的111,000美元的波動價值所證明的。肯定的是，圍繞比特幣及其在國家財務策略中的作用的對話才剛剛開始。潛在的影響是令人難以置信的，我敢說的可能性與區塊鏈本身一樣無限。伙計們了！這將是一個有趣的旅程！