美国储备到底买不买比特币？加密货币市场质问：还要探索多久？

Core Viewpoint - The conflicting statements made by U.S. Treasury Secretary Scott Bessent regarding the U.S. government's potential purchase of Bitcoin have led to significant market turmoil, causing a loss of over $55 billion in Bitcoin's market capitalization within a short period [1][4]. Group 1: Market Reaction - Bessent's initial statement indicated that the U.S. would not purchase Bitcoin but would rely on assets seized through law enforcement, leading to a sharp decline in Bitcoin's price from approximately $121,000 to below $118,000 [4]. - The immediate market response was characterized by a rapid sell-off, resulting in a loss of about $55 billion in total market value within just one hour [4]. Group 2: Policy Confusion - After facing backlash, Bessent attempted to clarify his position, stating that seized Bitcoin would form the basis of a strategic reserve, while also expressing a commitment to explore budget-neutral methods for acquiring more Bitcoin [5]. - Despite the clarification, skepticism remained among industry experts, who criticized the lack of concrete action and the prolonged period of "exploration" without tangible results [5][7]. Group 3: Budget Neutrality Challenge - The concept of "budget neutrality" poses a significant challenge for the U.S. government, as any purchases must not increase the federal deficit or burden taxpayers, complicating the process of acquiring Bitcoin [7]. - Various proposals have been suggested to address this issue, but they would likely require legislative approval from Congress, which has not yet materialized [7]. Group 4: Trust Crisis - The uncertainty surrounding the U.S. government's Bitcoin strategy has led to a crisis of trust, with the gap between high-level policy intentions and practical execution becoming increasingly evident [10]. - While some state governments are experimenting with Bitcoin purchases, the federal government's indecision may hinder progress, and each ambiguous statement from officials could further erode market confidence [10]. Group 5: Future Considerations - The ability of related legislative proposals to gain traction in Congress will be crucial for transforming the "Bitcoin strategic reserve" from a mere concept into a functional policy [10]. - For the U.S. to establish itself as a "global Bitcoin superpower," it requires not only sufficient Bitcoin holdings but also a clear, stable, and predictable policy framework to regain market trust [10].