Trump's call for Bitcoin to become a strategic reserve has multiple reasons.
1. Economic and financial considerations:
Bitcoin's decentralized and non-sovereign characteristics enable it to combat inflation. By incorporating it into the strategic reserve, the United States can reduce its dependence on the dollar and enhance the stability of the international financial system. Moreover, its market value growth potential is enormous, and its future value is expected to surpass gold and silver, bringing significant economic benefits to the U.S.
2. Political considerations:
Politicians like Trump support Bitcoin as a means to win the support and votes of high-net-worth individuals, as many Bitcoin holders are indeed high-net-worth individuals, which have a significant impact on political elections.
3. Changes in the global financial landscape:
With the current decline in the international status of the dollar, the U.S. hopes to leverage Bitcoin to supplement national reserves and strengthen the international status of the dollar.
4. Responding to financial risks:
As a decentralized digital currency, Bitcoin can provide the U.S. with more choices and flexibility in the face of financial risks.
This is a competition between nations, not just a simple issue of price fluctuations; some people's understanding is indeed too limited, akin to sitting in a well and looking at the sky.