Roughly interpret the White House encryption summit #白宫加密峰会# :

1. The Bitcoin reserves have been established, all of which were confiscated before;
The current US federal government owns about 200,000 BTC;
The U.S. government will not sell these bitcoins in the next four years; it's hard to say what will happen after the change of term in four years.
The previous government sold some bitcoins before, sold at a loss; ( Trump even has to Diss Biden when signing an executive order )
5. The United States also needs to establish a Crypto Reserve;
6. The assets of the Crypto Reserve come from fines and confiscations;
The U.S. government will not proactively purchase any Crypto;
8. Trump's pre-election promises have been fulfilled, end.
Bullish perspective: The government will no longer sell the $BTC it holds Bearish perspective: The government will not spend taxpayers' money to buy Well, this style is very 'Trump'