This morning, the Bitcoin Policy Institute (BPI) released a 53-page report on the pros of the United States establishing a strategic bitcoin reserve (SBR).
In July, @CynthiaMLummis announced the BITCOIN Act, the first bill in US Congress to propose a strategic #bitcoin reserve.
In our most comprehensive report to date, we endorse the United States adopting a strategic reserve. Read the report here: https://t.co/xQJG2Ebksi pic.twitter.com/gq3yI7oJUO
— Bitcoin Policy Institute (@btcpolicyorg) November 4, 2024
The authors of the report touched on four key benefits of holding bitcoin as a strategic reserve asset:
Economic and monetary stability — bitcoin is a hedge against currency debasement and debt instabilityGeopolitical competition — the US could gain a strategic advantage over other countries that are contemplating starting a bitcoin reserve and can reinforce the US’ influence over global financial standardsEnergy and climate — Bitcoin mining can be leveraged t
We współpracy z: https://bitcoinmagazine.com/takes/the-us-should-establish-a-strategic-bitcoin-reserve