{"id":3524,"date":"2025-03-07T22:48:02","date_gmt":"2025-03-07T22:48:02","guid":{"rendered":"https:\/\/ourcryptoworld.com\/crypto-news\/never-sell-your-bitcoin-trump-treasury-deliver-remarks-at-white-house-crypto-summit\/"},"modified":"2025-03-07T22:48:02","modified_gmt":"2025-03-07T22:48:02","slug":"never-sell-your-bitcoin-trump-treasury-deliver-remarks-at-white-house-crypto-summit","status":"publish","type":"post","link":"https:\/\/ourcryptoworld.com\/el\/crypto-news\/never-sell-your-bitcoin-trump-treasury-deliver-remarks-at-white-house-crypto-summit\/","title":{"rendered":"\u201cNever Sell Your Bitcoin\u201d: Trump, Treasury Deliver Remarks At White House Crypto Summit"},"content":{"rendered":"<h5><strong>Treasury Secretary Bessent said he wants to create US dollar hegemony worldwide using stablecoins.<\/strong><\/h5>\n<p><span style=\"font-weight: 400\">President Donald Trump hosted the first White House Digital Asset Summit on Friday, with a handful of major crypto executives and relevant members of his administration.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Trump repeated his promises from his Thursday executive order to establish a Strategic Bitcoin Reserve, and to never sell America\u2019s Bitcoin.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">\u201cFrom this day on, America will follow the rule that every Bitcoiner knows very well: never sell your bitcoin,\u201d he said during the <\/span><a href=\"https:\/\/x.com\/WhiteHouse\/status\/1898112552900403569\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400\">opening livestream<\/span><\/a><span style=\"font-weight: 400\">. \u201cThat\u2019s a little phrase that they have, I don\u2019t know if that\u2019s right or not. Who the hell knows.\u201d<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">In addition,<\/span><a href=\"https:\/\/cryptopotato.com\/market-tanks-after-trump-signs-executive-order-to-establish-strategic-bitcoin-reserve\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400\"> the order<\/span><\/a><span style=\"font-weight: 400\"> tasked Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick with exploring ways to acquire additional bitcoin that imposed no new costs on taxpayers. Though it also established a \u201cdigital asset stockpile\u201d for altcoins, the order does not prevent the government from sending them, and will not involve additional purchases for the stockpile.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Treasury Secretary Scott Bessent said that the government would rescind all previous guidance related to the tax code and risk weightings with cryptocurrency, and promote US dollar stablecoins to keep the US dollar dominant across the world.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Crypto executives across the roundtable applauded the President for taking a welcoming approach to the digital assets industry, rather than a hostile one.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">\u201cThe US should have its leadership continue in this new financial system,\u201d said Sergey Narzarov of Chainlink. \u201cI am overjoyed to see this. This is how the US will continue its role in the Global financial system.&#8221;<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Others at the roundtable included Ripple CEO Brad Garlinghouse, Coinbase CEO Brian Armstrong, Gemini co-founder Cameron and Tyler Winklevoss, and Strategy founder and executive chairman Michael Saylor.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The bulk of the meeting is not being aired publicly, but David Sachs <\/span><a href=\"https:\/\/x.com\/davidsacks47\/status\/1897700141240373654\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400\">stated<\/span><\/a><span style=\"font-weight: 400\"> that the roundtable was kept small to inspire \u201cmeaningful conversation.\u201d<\/span><\/li>\n<\/ul>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/never-sell-your-bitcoin-trump-treasury-deliver-remarks-at-white-house-crypto-summit\/\" rel=\"nofollow\">\u201cNever Sell Your Bitcoin\u201d: Trump, Treasury Deliver Remarks At White House Crypto Summit<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Treasury Secretary Bessent said he wants to create US dollar hegemony worldwide using stablecoins. President Donald Trump hosted the first White House Digital Asset Summit on Friday, with a handful of major crypto executives and relevant members of his administration.\u00a0 Trump repeated his promises from his Thursday executive order to establish a Strategic Bitcoin Reserve, and to never sell America\u2019s Bitcoin.\u00a0 \u201cFrom this day on, America will follow the rule that every Bitcoiner knows very well: never sell your bitcoin,\u201d he said during the opening livestream. \u201cThat\u2019s a little phrase that they have, I don\u2019t know if that\u2019s right or not. Who the hell knows.\u201d In addition, the order tasked Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick with exploring ways to acquire additional bitcoin that imposed no new costs on taxpayers. Though it also established a \u201cdigital asset stockpile\u201d for altcoins, the order does not prevent the government from sending them, and will not involve additional purchases for the stockpile. Treasury Secretary Scott Bessent said that the government would rescind all previous guidance related to the tax code and risk weightings with cryptocurrency, and promote US dollar stablecoins to keep the US dollar dominant across the world.\u00a0 Crypto executives across the roundtable applauded the President for taking a welcoming approach to the digital assets industry, rather than a hostile one.\u00a0 \u201cThe US should have its leadership continue in this new financial system,\u201d said Sergey Narzarov of Chainlink. \u201cI am overjoyed to see this. This is how the US will continue its role in the Global financial system.&#8221; Others at the roundtable included Ripple CEO Brad Garlinghouse, Coinbase CEO Brian Armstrong, Gemini co-founder Cameron and Tyler Winklevoss, and Strategy founder and executive chairman Michael Saylor.\u00a0 The bulk of the meeting is not being aired publicly, but David Sachs stated that the roundtable was kept small to inspire \u201cmeaningful conversation.\u201d The post \u201cNever Sell Your Bitcoin\u201d: Trump, Treasury Deliver Remarks At White House Crypto Summit appeared first on CryptoPotato.<\/p>","protected":false},"author":1,"featured_media":2671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[1],"tags":[84,51,68],"channels-categories":[],"class_list":["post-3524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin","tag-crypto-news","tag-donald-trump"],"uagb_featured_image_src":{"full":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min.jpg",722,402,false],"thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-150x150.jpg",150,150,true],"medium":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-300x167.jpg",300,167,true],"medium_large":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min.jpg",722,402,false],"large":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min.jpg",722,402,false],"1536x1536":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min.jpg",722,402,false],"2048x2048":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min.jpg",722,402,false],"trp-custom-language-flag":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-18x10.jpg",18,10,true],"post-thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-370x265.jpg",370,265,true],"kava-thumb-s":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-150x85.jpg",150,85,true],"kava-thumb-s-2":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-230x230.jpg",230,230,true],"kava-thumb-m":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-400x400.jpg",400,400,true],"kava-thumb-m-vertical":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-370x402.jpg",370,402,true],"kava-thumb-m-2":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-570x402.jpg",570,402,true],"kava-thumb-l":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min.jpg",722,402,false],"kava-thumb-xl":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min.jpg",722,402,false],"kava-thumb-masonry":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-600x334.jpg",600,334,true],"kava-thumb-justify":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-640x402.jpg",640,402,true],"kava-thumb-justify-2":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min.jpg",722,402,false],"woocommerce_thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-500x278.jpg",500,278,true],"woocommerce_single":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-700x390.jpg",700,390,true],"woocommerce_gallery_thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/01\/trump-min-100x100.jpg",100,100,true]},"uagb_author_info":{"display_name":"crypto","author_link":"https:\/\/ourcryptoworld.com\/el\/author\/crypto\/"},"uagb_comment_info":0,"uagb_excerpt":"Treasury Secretary Bessent said he wants to create US dollar hegemony worldwide using stablecoins. President Donald Trump hosted the first White House Digital Asset Summit on Friday, with a handful of major crypto executives and relevant members of his administration.\u00a0 Trump repeated his promises from his Thursday executive order to establish a Strategic Bitcoin Reserve,&hellip;","_links":{"self":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/posts\/3524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/comments?post=3524"}],"version-history":[{"count":0,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/posts\/3524\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/media\/2671"}],"wp:attachment":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/media?parent=3524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/categories?post=3524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/tags?post=3524"},{"taxonomy":"channels-categories","embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/channels-categories?post=3524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}