{"id":24301,"date":"2025-04-29T10:32:50","date_gmt":"2025-04-29T10:32:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24301"},"modified":"2025-04-29T10:32:50","modified_gmt":"2025-04-29T10:32:50","slug":"bitcoin-is-americas-new-gold-in-the-trump-era-howard-lutnick","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24301","title":{"rendered":"Bitcoin Is America\u2019s New Gold In The Trump Era: Howard Lutnick"},"content":{"rendered":"
\n

The first hundred days of President Donald Trump\u2019s return to the White House have produced a string of Bitcoin-centric policy moves, capped by Commerce Secretary Howard Lutnick\u2019s forceful comparison of the asset to \u201cgold\u201d and his declaration that it now enjoys unequivocal federal backing. In a conversation<\/a> with Bitcoin Magazine\u2019s Frank Corva inside the Executive Office Building, Lutnick sketched an administration that views BTC not as a speculative novelty but as a strategic commodity woven into America\u2019s trade, energy and investment agenda.<\/p>\n

Lutnick opened with a stinging retrospective on the previous regulatory climate: \u201cBitcoin was treated under the Biden administration like you were doing something wrong. There was this feeling that if you even talked about it you had to look over your shoulder. Now you have that in the rear-view mirror and it\u2019ll never come back.\u201d<\/p>\n

He then cast President Trump as \u201cthe number one pro-Bitcoin voice in government,\u201d flanked by \u201cCrypto Czar David Sacks<\/a> and myself.\u201d Together, he said, the trio \u201cwere able to help the President deliver on his promise and deliver that Bitcoin strategic reserve\u201d within mere weeks of inauguration\u2014a speed he called \u201cthe most impressive thing you\u2019ve ever seen in government.\u201d<\/p>\n

Pressed for details of the federal Bitcoin audit<\/a>, Lutnick declined to reveal balances or custody architecture, explaining, \u201cWhen the administration wants to come out with those answers, we\u2019ll come out with them, but unfortunately I\u2019m not at liberty to do that right now.\u201d<\/p>\n

Bitcoin Is The New Gold<\/h2>\n

What he did offer was a conceptual blueprint. Bitcoin, he insisted, is a commodity: \u201cThere\u2019s only so much of it\u201421 million. Nobody can \u2018fix\u2019 the software; nobody can dilute it. That rarity is its value,\u201d he said. \u201cOnce the United States of America embraces something, you\u2019ve never seen the United States of America turn its back on it later.\u201d<\/p>\n

That commodity framing is already rippling through the Commerce Department. Lutnick revealed that the Bureau of Economic Analysis is studying whether Bitcoin reserves should appear alongside bullion in the nation\u2019s international investment position and perhaps even influence trade-balance calculations. \u201cI think it\u2019s a really good idea,\u201d he said, before segueing into broader statistical reforms designed to separate actual production from \u201cgovernment spending that is not purchasing goods and services.\u201d<\/p>\n

The Secretary\u2019s enthusiasm peaked when he detailed the new Investment Accelerator, a Commerce-run concierge desk for capital projects above $1 billion: \u201cIf it\u2019s ten billion or more, let\u2019s assign someone for white-glove service\u2014literally a full-time person you can call anytime, all the time,\u201d Lutnick said. \u201cAnd if you want to mine Bitcoin and you find the right place to do it, you can build your own power plant next to it.\u201d<\/p>\n

His vision marries stranded hydro assets and flare-gas sites<\/a> to an on-shoring push he believes will \u201cturbocharge Bitcoin mining in America.\u201d Off-grid generation, he argued, neutralizes complaints that miners crowd out household electricity demand while locking in some of the world\u2019s lowest marginal costs. \u201cYou\u2019re going to see data centers on top of gas fields,\u201d he predicted, \u201cso they won\u2019t be beholden to the grid\u2014and that is going to create a boom.\u201d<\/p>\n

What of Bitcoin\u2019s vaunted decentralization? Does clustering hash power on US soil endanger censorship resistance? Lutnick was blunt: \u201cAmerica is the most extraordinary business place on the earth. What\u2019s the Plan B of America?\u201d he asked, adding that the regulatory clarity now offered would have miners everywhere \u201cnodding their heads in agreement.\u201d<\/p>\n

He acknowledged that, for the moment, Bitcoin must share the West Wing\u2019s bandwidth with a sweeping trade-realignment package and an aggressive peace initiative. Yet he stressed that the strategic reserve and the Investment Accelerator already satisfy candidate-Trump\u2019s two explicit crypto promises. \u201cAfter he sets those big two agenda items,\u201d Lutnick said, \u201cI think we\u2019ll start to talk a little bit more about Bitcoin.\u201d<\/p>\n

Until then, the Secretary\u2019s message remains clear: Bitcoin is gold, America intends to mine it, and federal policy is being rewritten to ensure the mother lode stays onshore.<\/p>\n

At press time, BTC traded at $94,350.<\/p>\n

\"Bitcoin<\/div>\n","protected":false},"excerpt":{"rendered":"

The first hundred days of President Donald Trump\u2019s return to the White House have produced a string of Bitcoin-centric policy moves, capped by Commerce Secretary Howard Lutnick\u2019s forceful comparison of the asset to \u201cgold\u201d and his declaration that it now enjoys unequivocal federal backing. In a conversation with Bitcoin Magazine\u2019s Frank Corva inside the Executive […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24301","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24301"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24301\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}