BlackRock said that Trump's victory brought a "new sense of optimism" and the discussion of BTC as a strategic reserve is increasing. Investment institutions are also exploring how to promote the role of BTC in national economic strategies through policies and legislation. In the past two years, the regulation of the encryption industry in the United States has not been clear. The "enforcement alternative norm" adopted by the US Securities and Exchange Commission (SEC) has triggered a large number of lawsuits. However, BlackRock pointed out that this situation may change with Trump's return to the White House. International BTC reserve trends. Top VC Paradigm recently stated in its blog: Currently, several sovereign countries have included BTC in their economic and financial strategies. Among them, El Salvador is the most public, with its government directly holding BTC; Abu Dhabi's sovereign wealth fund is actively participating in BTC mining. US Senator Cynthia Lummis has also proposed legislation for BTC strategic reserves. According to data from the prediction market platform Polymarket, the probability of the United States establishing BTC strategic reserves is about 30%. The new game equilibrium stage. So what? As Tyler Cowen likes to say, seek equilibrium. The game theory equilibrium adopted by BTC has changed. Sovereign countries can no longer ignore BTC. From the perspective of game theory, BTC is like gunpowder, not an iPhone. Director Christopher Nolan can bear the consequences of not using the iPhone; his intentional Ludism may even lead to lower correlation and higher creativity. But once gunpowder is discovered, every sovereign country is forced to adopt it... Today's artificial intelligence, drones, and other key technologies are the same. The Overton window has now been opened for the United States to adopt BTC, and other sovereign countries will not wait. Sovereign countries that establish BTC reserves early will benefit from significantly better get on board prices. The competition to establish BTC reserves has begun. BTC as a strategic reserve. Dennis Porter, CEO of Satoshi Act Fund, revealed this possibility, telling CryptoSlate: "It is logical for BlackRock to support BTC as a strategic reserve. BTC has adjusted the incentive mechanism of the global economy. Now, BlackRock's support will push relevant policies in a direction favorable to the technology." Porter also revealed that the Trump administration is considering issuing an executive order to formalize BTC strategic reserves, which is consistent with the widespread support for BTC by the elected president. Before Trump signs the executive order, state governments are accelerating legislation to establish their own BTC strategic reserves. He believes that "states will take the lead" and see this promotion as a decentralization measure that aligns with the spirit of BTC. Related reports. US congressmen recommend selling Fed gold and exchanging it for 1 million BTC strategic reserves. If Trump establishes BTC strategic reserves, it may "self-destruct" the US dollar's hegemony... A gift to China and Russia. Polish presidential candidate shouts: If elected, establish BTC strategic reserves! The global BTC bidding is heating up. BlackRock: The global competition for BTC strategic reserves has started, and no country can ignore BTC anymore. This article was originally published on BlockTempo, the most influential blockchain news media.