From a legal perspective, what are the hidden concerns of Trump's establishment of BTC reserves? Can the next president overturn executive orders?

Trump officially signed an administrative order for the BTC strategic reserve. The U.S. government will temporarily suspend the sale of confiscated approximately 200,000 BTC. However, from a legal perspective, although the administrative order is fast, there are also unstable concerns. The following slowly explains. (Background: Trump Signs Administrative Order to 'Establish BTC Reserve' BTC Drops to $85,000, Why No Rise but Fall?) This morning, a major news in the encryption market, Trump has officially signed an administrative order to establish the U.S. BTC strategic reserve and digital asset reserve. According to David Sacks, the encryption czar, on X, the BTC reserve will use approximately 200,000 BTC seized through criminal or civil forfeiture owned by the federal government. In addition, the Treasury Secretary and the Commerce Secretary have been authorized to develop budget-neutral strategies that do not increase the cost to U.S. taxpayers to acquire additional BTC. Source: Arkham The establishment of the U.S. BTC strategic reserve has far-reaching implications. Although after the news came out, the price of BTC seemed to drop below $85,000 due to not meeting market expectations, potential buyers still need more time to confirm, leading to the price briefly dropping below $85,000 (currently back to around $88,000). However, in the long run, it is still a favorable information for BTC, after all, the United States as the world's largest economy has a huge influence on the global financial market. Now that the decision has been formally made to use BTC as a strategic reserve, it is expected to accelerate the evaluation of BTC reserve needs by various countries, which may further drive up its price. Legal concerns? On the other hand, what needs to be continuously monitored in the future is that although Trump signed an administrative order to establish a BTC reserve to bypass possible resistance from Congress at the fastest speed, there are also concerns because his administrative order may be overturned and modified by the next president, so its sustainability is not as stable as through federal legislation. Lengthy congressional legislation It was previously reported that Republicans and Democrats in the U.S. House of Representatives are joining forces to establish a Congressional Cryptocurrency Core Group. If BTC wants to pass through congressional legislation, this group, after policy research and feasibility assessment, needs to submit the bill to Congress and have it reviewed by the Senate Banking Committee, then it needs to go through the Senate, the House of Representatives, and be signed by the president to complete the legislation. It can be imagined that this process will be lengthy, after all, not every member of Congress has a friendly attitude towards Cryptocurrency. It may not be until 2026, 2027, or even later that it will be implemented, but the benefit is to obtain a more stable and enduring BTC reserve bill. Will countries also start a BTC reserve war? Another key point worth observing in the future is whether countries and companies will follow the U.S. in starting a BTC reserve war. The U.S. move is likely to stimulate other countries to accelerate the assessment of BTC's role. Russia has legalized BTC mining and international payments by 2024, Switzerland is considering a referendum to include BTC in reserves, and Poland and Germany have similar proposals. The wave of corporate BTC purchases led by MicroStrategy is also expected to gain further momentum. However, it is also important to note that there is a great deal of uncertainty in the global economic situation at present. Whether BTC can rise against the trend in the short term remains to be seen. Investors are advised to continue to practice Risk Management and witness how this gradually intensifying 'global BTC arms race' will impact the global economic landscape. Related reports: Trump's 'Private' Cryptocurrency Reserve Plan? Playing Cards Advertisement? Implementation with great uncertainty Wall Street rumors: Trump deliberately triggering economic recession to resolve $36 trillion debt crisis Eric Trump, Trump's son, has advocated for BTC and ETH three times this year with a '100% failure rate.' Was it bad luck or premeditated? This article was first published on BlockTempo, the most influential blockchain news media on Dynamic Zone.