Odaily reported that Matt Hougan, Chief Investment Officer of Bitwise Asset Management, said in CNBC's Squawk Box Asia program that the current Bitcoin price drop is a "short-term setback" and the market will soon find its footing, realizing that this is actually a long-term bullish view on this asset and the entire cryptocurrency market. Matt Hougan added that White House Crypto and AI Coordinator David Sacks has stated that the US will seek "budget-neutral strategies to acquire more Bitcoin, provided that these strategies do not impose incremental costs on US taxpayers." The right question should be: Will this executive order make Bitcoin more likely to become a geopolitically important currency or asset in the future? Will other governments follow the US and establish their own strategic reserves? To me, the answer is yes, and this question is important because it determines whether Bitcoin is worth $80,000 or $1 million per coin.