Perianne Boring says Bitcoin can strengthen the US dollar and preserve its financial dominance, arguing that the two can ...
Instead of merely stockpiling Bitcoin, the U.S. must overhaul its financial architecture to prepare for—and ultimately ...
Under the Bitcoin Reserve Act, the Treasury would not have to borrow and drive up the cost to service the debt, nor would the Federal Reserve have to create money and cause inflation. The Bitcoin ...
Senator Lummis advocates a Strategic Bitcoin Reserve to reduce US debt and strengthen the dollar, with growing legislative support.
Furthermore, dollars were once backed by Gold and a Bitcoin-dollar backing system is highly unlikely anytime soon. Bitcoin can drop 60% or ... parity with Gold from a reserve ratio standpoint.
"But I do believe Bitcoin can strengthen the US dollar, and the number one national security goal should always be to protect dollar dominance. We are the world reserve currency globally.
The economic arguments for a strategic bitcoin reserve are strong, writes Robert Murphy ... First, the government shouldn't be acting as a hedge fund manager with taxpayer dollars. If we set a ...
Almost half of the state governments in the U.S. are either on a path toward putting some of their money into crypto or already have, and much of ...
Resource-rich nations, particularly those with surplus energy, should integrate Bitcoin mining into their economic strategies ...
In December 2024, President Vladimir Putin praised Bitcoin as a viable substitute for traditional reserves, stating, "Who can prohibit it ... dependence on the US dollar for trade.