The Bitcoin Policy Institute (BPI) recently published a report called “Digital Gold: Evaluating a Strategic Bitcoin Reserve for the United States” that suggests the United States should establish a strategic bitcoin reserve (SBR). The report argues that holding BTC could help bolster U.S. monetary stability, counter global financial threats, and maintain technological leadership.
The idea of creating an SBR involves the government purchasing and holding BTC as a long-term investment, similar to how gold is held in the Strategic Gold Reserve. The report cites various reasons for the U.S. to consider investing in Bitcoin, such as the potential for long-term growth, its status as a store of value, and the fact that it is not tied to any specific country or government.
By holding an SBR, the report argues that the U.S. could strengthen its economy, enhance its global influence, and promote the adoption of Bitcoin as a store of value and currency around the world.
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<p>The post Advocating SBR: Strengthening US Economic Global Influence first appeared on CoinBuzzFeed.</p>
