Bitcoin American miners rise up to counter dedollarization.

Bitcoin is increasingly seen on the other side of the Atlantic as a strategy to counter global distrust towards the dollar.

Miners enter the geopolitical arena

The recent open letter from the CEO of Marathon (the largest U.S. BTC miner) offers a striking contrast to the obscurantism prevailing in Europe.

This letter comes in a particular context. The recent election of Donald Trump has revived his promise to create a strategic reserve of bitcoins at the center of the stage. Senator Cynthia Lummis proposes in her Bitcoin Act to acquire one million bitcoins in the next five years.

As speculation rises about countries that would be accumulating bitcoins before the United States, Fred Thiel advises to act quickly to secure a dominant position.

His clear description of what makes bitcoin interesting should become more widely known in the French media.

The unique feature of bitcoin is its fixed supply which guarantees its decentralized monetary policy. Gold has historically been considered the first reserve of value, but it faces increasing challenges imposed by the digital age. It is ineffective for making international transactions. This limitation has gradually undermined gold's status.

In contrast, bitcoin shines for its ability to transfer value not only in time but also in space. This advantage makes it an attractive store of value and medium of exchange, especially for nations seeking financial sovereignty. Given that Bitcoin is a scarcer and more transferable asset than gold, the United States should take the initiative to accumulate it just as they have done with gold.

The United States already owns just over 200,000 bitcoins, but countries like China, with approximately 190,000 bitcoins, are not far behind. As more and more countries recognize.