美国国会，比特币和预备役框架：一个新时代？

国会正在探索类似于黄金或石油的比特币储备。这是国家安全中数字资产的未来吗？

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

美国国会，比特币和预备役框架：一个新时代？

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.

美国国会正在认真考虑将比特币整合到美国的财务战略中。最近的举动，尤其是房屋内的举动，表明建立“战略比特币储备”。该计划标志着美国对数字资产的看法和管理方式可能发生了潜在的范式转变。

The Push for a Bitcoin Reserve

推动比特币储备

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.

戴维·乔伊斯（David Joyce）代表的法案包括《金融服务和政府拨款法》 2026财年（HR 5166），要求财政部提供有关管理大量比特币控股的全面报告。这些股份估计在198,000至207,000 BTC之间，价值在17至200亿美元之间，主要是通过执法扣押获得的。

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.

核心问题不是要获得新的比特币，而是要确保和管理现有资产。这包括法律权威，监护权架构和强大的网络安全实践，以保护这些数字资产。

Key Aspects of the Treasury Report

财政部报告的关键方面

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.

财政部的报告将深入研究建立比特币储备的法律和实际障碍，这些资产将如何出现在联邦资产负债表上，以及对财政部没收基金的影响。机构之间的合作与第三方保管人在保护储备方面的作用也将进行检查。由国家安全局的投入的分类部分将着重于保护储备金免受网络威胁的侵害。

Building on Past Initiatives

建立过去的倡议

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.

这一立法推动是基于2025年3月特朗普总统的一项行政命令，该命令提议使用扣押的加密货币建立战略性比特币储备。这与全球趋势相吻合，哈萨克斯坦和菲律宾等国家也在探索类似的加密储备政策。美国的目标是领导数字资产管理，将比特币视为类似于黄金或石油储量的战略资产。

Senator Lummis' BITCOIN Act

参议员卢米斯的比特币法案

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.

参议员卢米斯（Lummis）提出了《比特币法》（Bitcoin Act），该法案进一步发展：在五年内购买一百万个比特币，需要最低20年的最低持有，并在全国范围内散布存储。它甚至建议出售一些美联储黄金证书来为该计划提供资金。

Global Bitcoin Reserves

全球比特币储备

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储备：俄罗斯是对制裁的对冲，日本通过养老基金，巴西和波兰通过立法。甚至像捷克共和国这样的较小经济体也在辩论战略储备。

The Bigger Picture

更大的图片

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.

在这项工作中，美国并不孤单。中国持有大量的比特币，主要来自普鲁斯科派案件，而不丹则使用水力发电进行了大量持有量。即使萨尔瓦多（El Salvador）扭转了其法定招标身份，仍然保持比特币储备。

State-Level Initiatives

州级倡议

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.

势头正在州一级建立，得克萨斯州已经建立了自己的战略比特币储备。新罕布什尔州和亚利桑那州也通过了数字资产投资法。总共有16个州今年介绍了比特币储备立法。

Why Bitcoin Reserves Matter

为什么比特币储备很重要

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.

核心思想是比特币储备充当国家的紧急储蓄帐户。它不是传统资产，而是由具有有限供应和分散控制的数字资产组成。这在以货币贬值和地缘政治不稳定为标志的时代上吸引人。将比特币作为国家安全工具，而不仅仅是投机性资产。

Looking Ahead

展望未来

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.

尽管关于波动性的辩论持续存在，但美国表明其对持有比特币的战略价值的认可。这可能会引发全球竞赛，以建立具有重大地缘政治和财务影响的数字储量。

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!

比特币的价格会涨幅还是不确定，这是2025年9月10日左右的111,000美元的波动价值所证明的。肯定的是，围绕比特币及其在国家财务策略中的作用的对话才刚刚开始。潜在的影响是令人难以置信的，我敢说的可能性与区块链本身一样无限。伙计们了！这将是一个有趣的旅程！