The US Government wanting to hold Bitcoin is the biggest inflation warning of my lifetime.

They can't call it a strategic reserve. The issuer of the most powerful currency in the world can't just say to the world, "We're going to hold Bitcoin as a hedge against the dollar ... but it's cool. Just go about your business." They can't openly undermine the only currency that they can print themselves. It would panic the world. It's basically an admission that they're going to try to print their way out of the debt crisis.

Everyone else in the world can hold Bitcoin and it's OK. Every other country can accumulate it and it will just be seen as prudent. But not the USA. We are the only ones with control over printing the dollar. The more Bitcoin that the US government tries to quietly accumulate, the more you'll know that the dollar is in big trouble. And the US is f**ked ... because they're the only ones who can't protect themselves. (Not openly anyway.)

Addendum: Lots of debate in this thread about the true meaning of a strategic reserve. I will offer this from chat gpt:

A strategic reserve is a stockpile of a commodity, like oil, that a government or organization holds back from normal use to be released during unexpected events or disruptions in supply, allowing them to manage crises and stabilize markets by providing a readily available source of that commodity when needed; essentially acting as an emergency buffer against sudden shortages.

But we don't have to debate the purpose of this reserve. It's stated explicitly in the bill.

(3) Just as gold reserves have historically served as a cornerstone of national financial security, Bitcoin represents a digital-age asset capable of enhancing the financial leadership and security of the United States in the 21st century global economy.

(4) The acquisition and long-term storage of substantial quantities of Bitcoin by the United States can strengthen the financial condition of the United States, providing a hedge against economic uncertainty and monetary instability.

(5) Bitcoin, as a decentralized and finitely scarce digital asset, offers unique properties that complement existing national reserves, strengthening the position of the United States dollar in the global financial system.

(6) Diversification of the national assets of the United States to include Bitcoin can enhance financial resilience and position the United States at the forefront of global financial innovation.

It's all about strengthening the US dollar. It isn't farm equipment. It isn't cheese. It isn't even gold. It's a non inflatable store of value that will presumably shore up the dollar. (While undermining the reputation of the US dollar.