Bitcoin: Is It A Buy, Sell, Or Hold After Biden's Executive Order On Cryptocurrency?

Mar. 23, 2022 12:20 PM ETBitcoin USD (BTC-USD)GBTC42 Comments
Logan Kane profile picture
Logan Kane


  • On March 9th, the Biden Administration signed an executive order outlining their objectives to ensure responsible development of digital assets.
  • The key takeaway is the US government is not anti-crypto and is putting Bitcoin on the same footing as property like stocks and bonds.
  • The government could have chosen a few years ago to tax Bitcoin as a collectible and tax it at a higher rate, but it did not.
  • Other interesting regulatory developments for crypto at home and abroad.
  • How much of your portfolio to hold in Bitcoin? We take a mathematical look.

Bitcoin Sign In Forest

Eoneren/E+ via Getty Images

What Is Biden's Cryptocurrency Executive Order?

The Biden Administration issued an executive order on March 9th outlining their objectives for the responsible development of cryptocurrency. Brookings described the order as "non-controversial". But 5 years

Data by YCharts

What is the ideal allocation to Bitcoin?

Ideal Allocation to Bitcoin? (Kiplinger)

This article was written by

Logan Kane profile picture
Author and entrepreneur. My articles typically cover macroeconomic trends, portfolio strategy, value investing, and behavioral finance. I like to profit from the biases and constraints of other investors. Paywalled articles are available along with 1,000+ other authors by subscribing to Seeking Alpha Premium.You can read some more of my work for free here on my Substack.

Disclosure: I/we have a beneficial long position in the shares of GBTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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