Bessent Reverses Course: Treasury Now ’Exploring Budget-Neutral Pathways’ to Embrace Bitcoin

In a stunning pivot, Treasury officials signal openness to Bitcoin—without touching the deficit. Because nothing says 'serious fiscal policy' like chasing crypto's volatility with taxpayer money.

### The Backtrack Heard 'Round Wall Street

After months of dismissive rhetoric, the Treasury's sudden interest in 'budget-neutral pathways' for Bitcoin adoption reads like a hedge fund manager flipping long after shorting. Sources whisper this includes repurposing dormant assets (read: dusting off forgotten vaults) to avoid political fallout.

### Why Now? Follow the Liquidity

With institutional custody solutions maturing and BlackRock's ETF hoovering up BTC, even bureaucrats can't ignore the asset's gravitational pull. Never mind that 'exploring' is DC-speak for 'we’ll study this to death.'

### The Fine Print Nobody Will Read

Budget-neutral means no new appropriations—just creative accounting tricks worthy of a DeFi protocol. Think rehypothecated reserves and maybe, just maybe, leasing out Fort Knox's basement to miners.

Closer:
Whether this is progress or pandering depends on your stack. But hey—at least they didn’t say 'blockchain, not Bitcoin.' Baby steps.