Trump Omits Bitcoin from Strategy Paper – Dispute with Critic Schiff Escalates

Bitcoin Finds No Mention in US Security Strategy

Despite months of rhetoric about the US role as a leading crypto nation, US President Donald Trump has completely overlooked Bitcoin and other cryptocurrencies in the recently published national security strategy paper. The terms "Bitcoin," "blockchain," or "crypto" do not appear even once in the 33-page document ^[1].

Instead, the paper published on Friday focuses on other technology sectors. "We want US technologies and US standards – particularly in AI, biotech, and quantum computing – to advance the world," the document states ^[1]. Artificial intelligence and quantum computing are defined as "the most important national interests" ^[1].

Vague References to Digital Financial Economy

Only in one paragraph can an indirect connection to the crypto sector be established. There, it mentions the "leadership role in the digital financial economy and innovation," with the goal of maintaining US markets as "the most dynamic, liquid, and secure" ^[1]. However, no concrete measures or strategies for implementing these goals are defined ^[1].

This omission in the strategy paper stands in stark contrast to Trump's earlier statements. "Donald Trump has preached almost like a mantra in recent months: the US must become a crypto superpower," reports BTC Echo ^[1].

Crypto Regulation Progress Despite Missing Mention

Regardless of the absence in the strategy paper, the Trump administration has taken steps in the crypto sector. The government approved the creation of a national Bitcoin reserve from seized assets and authorized a comprehensive regulatory framework for stablecoins ^[1]. Additionally, debate is currently ongoing regarding a general regulatory framework for crypto providers ^[1].

Public Dispute with Bitcoin Critic Escalates

Parallel to the publication of the strategy paper, a dispute between Trump and well-known Bitcoin skeptic Peter Schiff escalated. On his Truth Social platform, Trump called Schiff a "loser" and "jerk" after Schiff claimed prices were rising ^[2].

Trump countered: "He thinks prices are rising, even though they are actually declining significantly" and pointed to the recently dropped gas price of $1.99 per gallon ^[2]. Trump blamed his predecessor Joe Biden for the current affordability crisis and claimed he was attempting to fix it ^[2].

Schiff Challenges Trump to Debate

Schiff countered the attacks with his own statement. He acknowledged that some prices, including gasoline, may have declined but expressed doubts about how long this would last ^[2]. "Biden had considerable help causing the 'affordability crisis,' including from Trump during his first term," Schiff explained ^[2]. "He's not fixing it, he's making it worse."

Schiff challenged Trump or one of his representatives to debate the US economy and the effectiveness of his policies: "If I'm as wrong as he says, let him prove it" ^[2].

Bitcoin's price reacted to the turbulence with a slight decline of one percent ^[2].